Nouveau Monde Graphite Stock Piotroski F Score

NMG Stock  USD 1.93  0.12  5.85%   
This module uses fundamental data of Nouveau Monde to approximate its Piotroski F score. Nouveau Monde F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nouveau Monde Graphite. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Nouveau Monde financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nouveau Monde Altman Z Score, Nouveau Monde Correlation, Nouveau Monde Valuation, as well as analyze Nouveau Monde Alpha and Beta and Nouveau Monde Hype Analysis.
  
At this time, Nouveau Monde's Long Term Debt is most likely to increase significantly in the upcoming years. The Nouveau Monde's current Short Term Debt is estimated to increase to about 1.3 M, while Net Debt To EBITDA is forecasted to increase to (0.49). At this time, Nouveau Monde's Average Payables is most likely to increase significantly in the upcoming years. The Nouveau Monde's current PB Ratio is estimated to increase to 4.60, while Operating Cash Flow Per Share is projected to decrease to (0.79).
At this time, it appears that Nouveau Monde's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Nouveau Monde Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nouveau Monde is to make sure Nouveau is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nouveau Monde's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Nouveau Monde's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities14.5 M13.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total69.5 M66.2 M
Sufficiently Up
Slightly volatile
Total Assets149.7 M142.5 M
Sufficiently Up
Slightly volatile
Total Current Assets51.8 M49.4 M
Sufficiently Up
Slightly volatile

Nouveau Monde Graphite F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Nouveau Monde's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Nouveau Monde in a much-optimized way.

About Nouveau Monde Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

72.56 Million

At this time, Nouveau Monde's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

Nouveau Monde Current Valuation Drivers

We derive many important indicators used in calculating different scores of Nouveau Monde from analyzing Nouveau Monde's financial statements. These drivers represent accounts that assess Nouveau Monde's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nouveau Monde's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap270.8M377.7M286.9M207.3M186.6M99.5M
Enterprise Value283.6M319.8M288.3M228.4M205.6M215.9M

About Nouveau Monde Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nouveau Monde Graphite's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nouveau Monde using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nouveau Monde Graphite based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Nouveau Monde Graphite is a strong investment it is important to analyze Nouveau Monde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nouveau Monde's future performance. For an informed investment choice regarding Nouveau Stock, refer to the following important reports:
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nouveau Monde. If investors know Nouveau will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nouveau Monde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.55)
Return On Assets
(0.38)
Return On Equity
(0.76)
The market value of Nouveau Monde Graphite is measured differently than its book value, which is the value of Nouveau that is recorded on the company's balance sheet. Investors also form their own opinion of Nouveau Monde's value that differs from its market value or its book value, called intrinsic value, which is Nouveau Monde's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nouveau Monde's market value can be influenced by many factors that don't directly affect Nouveau Monde's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nouveau Monde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nouveau Monde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nouveau Monde's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.