Quoin Pharmaceuticals Ltd Stock Piotroski F Score

QNRX Stock  USD 0.60  0.01  1.69%   
This module uses fundamental data of Quoin Pharmaceuticals to approximate its Piotroski F score. Quoin Pharmaceuticals F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Quoin Pharmaceuticals Ltd. 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 Quoin Pharmaceuticals financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Quoin Pharmaceuticals Altman Z Score, Quoin Pharmaceuticals Correlation, Quoin Pharmaceuticals Valuation, as well as analyze Quoin Pharmaceuticals Alpha and Beta and Quoin Pharmaceuticals Hype Analysis.
  
At this time, Quoin Pharmaceuticals' Net Debt To EBITDA is fairly stable compared to the past year. Debt To Equity is likely to rise to 1,076 in 2024, despite the fact that Net Debt is likely to grow to (2.3 M). At this time, Quoin Pharmaceuticals' Capex To Depreciation is fairly stable compared to the past year. Days Of Inventory On Hand is likely to rise to 0 in 2024, whereas PTB Ratio is likely to drop 0.74 in 2024.
At this time, it appears that Quoin Pharmaceuticals' 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

Quoin Pharmaceuticals Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Quoin Pharmaceuticals is to make sure Quoin is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Quoin Pharmaceuticals' 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 Quoin Pharmaceuticals' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.11.3
Fairly Down
Very volatile
Total Current Liabilities5.5 M3.6 M
Way Up
Slightly volatile
Non Current Liabilities Total2.8 M2.9 M
Notably Down
Pretty Stable
Total Assets11.7 M12.2 M
Sufficiently Down
Pretty Stable
Total Current Assets8.3 M11.3 M
Way Down
Slightly volatile

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

About Quoin Pharmaceuticals 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

5.97

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

Quoin Pharmaceuticals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Quoin Pharmaceuticals from analyzing Quoin Pharmaceuticals' financial statements. These drivers represent accounts that assess Quoin Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quoin Pharmaceuticals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap39.2M13.6M4.7M6.9M4.4M4.2M
Enterprise Value35.2M8.8M(210.7K)4.0M2.0M1.9M

About Quoin Pharmaceuticals Fundamental Analysis

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

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