Douglas Dynamics Stock Piotroski F Score

PLOW Stock  USD 24.77  0.20  0.81%   
This module uses fundamental data of Douglas Dynamics to approximate its Piotroski F score. Douglas Dynamics F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Douglas Dynamics. 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 Douglas Dynamics financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Douglas Dynamics Altman Z Score, Douglas Dynamics Correlation, Douglas Dynamics Valuation, as well as analyze Douglas Dynamics Alpha and Beta and Douglas Dynamics Hype Analysis.
For more information on how to buy Douglas Stock please use our How to Invest in Douglas Dynamics guide.
  
At this time, Douglas Dynamics' Debt Ratio is fairly stable compared to the past year. At this time, Douglas Dynamics' Interest Coverage is fairly stable compared to the past year. Payout Ratio is likely to climb to 1.29 in 2024, whereas Book Value Per Share is likely to drop 7.25 in 2024.
At this time, it appears that Douglas Dynamics' Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

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

Increase

Focus

Douglas Dynamics Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Douglas Dynamics is to make sure Douglas is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Douglas Dynamics' 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 Douglas Dynamics' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.9575
Way Down
Slightly volatile
Gross Profit Margin0.340.2363
Way Up
Slightly volatile
Net Debt204.7 M232.5 M
Fairly Down
Slightly volatile
Total Current Liabilities124.4 M118.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total288.9 M243.3 M
Fairly Up
Slightly volatile
Total Assets559.6 M593.4 M
Notably Down
Slightly volatile
Total Current Assets179.6 M262.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities11.8 M12.5 M
Notably Down
Very volatile

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

About Douglas Dynamics 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

7.25

At this time, Douglas Dynamics' Book Value Per Share is fairly stable compared to the past year.

Douglas Dynamics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Douglas Dynamics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Douglas Dynamics' managers, analysts, and investors.
Environmental
Governance
Social

About Douglas Dynamics Fundamental Analysis

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

When running Douglas Dynamics' price analysis, check to measure Douglas Dynamics' 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 Douglas Dynamics is operating at the current time. Most of Douglas Dynamics' value examination focuses on studying past and present price action to predict the probability of Douglas Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Douglas Dynamics' price. Additionally, you may evaluate how the addition of Douglas Dynamics to your portfolios can decrease your overall portfolio volatility.