ODVWZ Stock | | | 0.20 0.03 13.04% |
This module uses fundamental data of Osisko Development to approximate its Piotroski F score. Osisko Development F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Osisko Development 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 Osisko Development financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Osisko Development Altman Z Score,
Osisko Development Correlation,
Osisko Development Valuation, as well as analyze
Osisko Development Alpha and Beta and
Osisko Development Hype Analysis.
At this time, Osisko Development's
Long Term Debt is fairly stable compared to the past year.
Net Debt To EBITDA is likely to rise to 0.15 in 2024, whereas
Short and Long Term Debt Total is likely to drop slightly above 14.7
M in 2024. At this time, Osisko Development's
Book Value Per Share is fairly stable compared to the past year.
Inventory Turnover is likely to rise to 4.74 in 2024, whereas
PTB Ratio is likely to drop 0.54 in 2024.
At this time, it appears that Osisko Development'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..
3.0
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 | Decrease | Focus |
| Current Ratio Change | Decrease | Focus |
| Long Term Debt Over Assets Change | Higher Leverage | Focus |
| Change In Outstending Shares | Decrease | Focus |
| Change in Gross Margin | Increase | Focus |
Osisko Development Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Osisko Development is to make sure Osisko is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Osisko Development'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 Osisko Development's financial numbers are properly reported.
Osisko Development 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 Osisko Development's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Osisko Development in a much-optimized way.
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About Osisko Development 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.
Osisko Development Current Valuation Drivers
We derive many important indicators used in calculating different scores of Osisko Development from analyzing Osisko Development's financial statements. These drivers represent accounts that assess Osisko Development's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Osisko Development's important valuation drivers and their relationship over time.
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
Market Cap | | 850.7M | 863.2M | 536.5M | 368.1M | 334.0M | 236.4M |
Enterprise Value | | 842.7M | 667.8M | 516.7M | 281.3M | 309.1M | 209.6M |
About Osisko Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Osisko Development Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Osisko Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Osisko Development 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 Osisko Stock Analysis
When running Osisko Development's price analysis, check to
measure Osisko Development'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 Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to
predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.