This module uses fundamental data of Stardust Power to approximate its Piotroski F score. Stardust Power F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Stardust Power. 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 Stardust Power financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Stardust Power Altman Z Score, Stardust Power Correlation, Stardust Power Valuation, as well as analyze Stardust Power Alpha and Beta and Stardust Power Hype Analysis.
Net Debt is likely to gain to 6,879 in 2024, whereas Short and Long Term Debt Total is likely to drop 5,021 in 2024. At this time, Stardust Power's Book Value Per Share is comparatively stable compared to the past year. Current Ratio is likely to gain to 1.84 in 2024, despite the fact that ROIC is likely to grow to (0.12).
At this time, it appears that Stardust Power's Piotroski F Score is Unavailable. 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..
The critical factor to consider when applying the Piotroski F Score to Stardust Power is to make sure Stardust is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Stardust Power'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 Stardust Power's financial numbers are properly reported.
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 Stardust Power's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Stardust Power in a much-optimized way.
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
3.58
At this time, Stardust Power's Book Value Per Share is comparatively stable compared to the past year.
About Stardust Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stardust Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stardust Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stardust Power 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.
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When running Stardust Power's price analysis, check to measure Stardust Power'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 Stardust Power is operating at the current time. Most of Stardust Power's value examination focuses on studying past and present price action to predict the probability of Stardust Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stardust Power's price. Additionally, you may evaluate how the addition of Stardust Power to your portfolios can decrease your overall portfolio volatility.