Nuvve Holding Corp Stock Piotroski F Score

NVVEW Stock  USD 0.02  0.01  19.87%   
This module uses fundamental data of Nuvve Holding to approximate its Piotroski F score. Nuvve Holding F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nuvve Holding Corp. 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 Nuvve Holding financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nuvve Holding Altman Z Score, Nuvve Holding Correlation, Nuvve Holding Valuation, as well as analyze Nuvve Holding Alpha and Beta and Nuvve Holding Hype Analysis.
  
At this time, Nuvve Holding's Net Debt is fairly stable compared to the past year. Short Term Debt is likely to climb to about 987.8 K in 2024, whereas Short and Long Term Debt is likely to drop slightly above 3.4 M in 2024. At this time, Nuvve Holding's Debt To Equity is fairly stable compared to the past year. Capex Per Share is likely to climb to 0.27 in 2024, whereas PTB Ratio is likely to drop 5.05 in 2024.
At this time, it appears that Nuvve Holding's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Nuvve Holding Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nuvve Holding is to make sure Nuvve is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nuvve Holding'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 Nuvve Holding's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.3977
Significantly Down
Very volatile
Gross Profit Margin0.150.1621
Significantly Down
Slightly volatile
Total Current LiabilitiesM8.3 M
Sufficiently Down
Slightly volatile
Non Current Liabilities Total4.8 M5.6 M
Fairly Down
Slightly volatile
Total Assets37.4 M21 M
Way Up
Slightly volatile
Total Current Assets21.2 M11.4 M
Way Up
Slightly volatile

Nuvve Holding Corp 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 Nuvve Holding's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Nuvve Holding in a much-optimized way.

About Nuvve Holding 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.

Book Value Per Share

8.32

At this time, Nuvve Holding's Book Value Per Share is fairly stable compared to the past year.

About Nuvve Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuvve Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuvve Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuvve Holding Corp 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.

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Additional Tools for Nuvve Stock Analysis

When running Nuvve Holding's price analysis, check to measure Nuvve Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuvve Holding is operating at the current time. Most of Nuvve Holding's value examination focuses on studying past and present price action to predict the probability of Nuvve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvve Holding's price. Additionally, you may evaluate how the addition of Nuvve Holding to your portfolios can decrease your overall portfolio volatility.