Perpetua Resources Corp Stock Piotroski F Score

PPTA Stock  USD 9.88  0.08  0.82%   
This module uses fundamental data of Perpetua Resources to approximate its Piotroski F score. Perpetua Resources F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Perpetua Resources 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 Perpetua Resources financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Perpetua Resources Altman Z Score, Perpetua Resources Correlation, Perpetua Resources Valuation, as well as analyze Perpetua Resources Alpha and Beta and Perpetua Resources Hype Analysis.
  
At present, Perpetua Resources' Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Debt To Equity is expected to grow to 0.26, whereas Short and Long Term Debt Total is forecasted to decline to about 26.5 K. At present, Perpetua Resources' ROIC is projected to increase slightly based on the last few years of reporting. The current year's Interest Coverage is expected to grow to 107.62, whereas PTB Ratio is forecasted to decline to 2.18.
At this time, it appears that Perpetua Resources' Piotroski F Score is Very Weak. 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..
0.0
Piotroski F Score - Very Weak
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)

Decreasing

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Perpetua Resources Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Perpetua Resources is to make sure Perpetua is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Perpetua Resources' 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 Perpetua Resources' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities4.6 M7.8 M
Way Down
Slightly volatile
Non Current Liabilities Total2.9 MM
Notably Down
Pretty Stable
Total Assets102.1 M83.1 M
Fairly Up
Slightly volatile
Total Current Assets6.5 M6.9 M
Notably Down
Very volatile

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

About Perpetua Resources 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

1.09

At present, Perpetua Resources' Book Value Per Share is projected to decrease significantly based on the last few years of reporting.

Perpetua Resources 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, Perpetua Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Perpetua Resources' managers, analysts, and investors.
Environmental
Governance
Social

About Perpetua Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Perpetua Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perpetua Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perpetua Resources 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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When determining whether Perpetua Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perpetua Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perpetua Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perpetua Resources Corp Stock:
Check out Perpetua Resources Altman Z Score, Perpetua Resources Correlation, Perpetua Resources Valuation, as well as analyze Perpetua Resources Alpha and Beta and Perpetua Resources Hype Analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 Perpetua Resources. If investors know Perpetua 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 Perpetua Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Return On Assets
(0.33)
Return On Equity
(0.19)
The market value of Perpetua Resources Corp is measured differently than its book value, which is the value of Perpetua that is recorded on the company's balance sheet. Investors also form their own opinion of Perpetua Resources' value that differs from its market value or its book value, called intrinsic value, which is Perpetua Resources' 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 Perpetua Resources' market value can be influenced by many factors that don't directly affect Perpetua Resources' 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 Perpetua Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Perpetua Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perpetua Resources' 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.