Vci Global Limited Stock Piotroski F Score

VCIG Stock   1.82  0.16  8.08%   
This module uses fundamental data of VCI Global to approximate its Piotroski F score. VCI Global F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of VCI Global Limited. 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 VCI Global financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out VCI Global Altman Z Score, VCI Global Correlation, VCI Global Valuation, as well as analyze VCI Global Alpha and Beta and VCI Global Hype Analysis.
  
At this time, VCI Global's Cash Flow To Debt Ratio is most likely to decrease significantly in the upcoming years. At this time, VCI Global's Operating Cash Flow Per Share is most likely to increase slightly in the upcoming years. The VCI Global's current Net Income Per Share is estimated to increase to 1.02, while PTB Ratio is projected to decrease to 173.35.
At this time, it appears that VCI Global's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

VCI Global Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to VCI Global is to make sure VCI is not a subject of accounting manipulations and runs a healthy internal audit department. So, if VCI Global'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 VCI Global's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.570.3021
Way Up
Slightly volatile
Asset Turnover1.030.7692
Significantly Up
Slightly volatile
Gross Profit Margin0.850.62
Significantly Up
Slightly volatile
Total Current Liabilities13.7 M23 M
Way Down
Slightly volatile
Non Current Liabilities Total3.7 M2.1 M
Way Up
Slightly volatile
Total Assets124 M118 M
Sufficiently Up
Slightly volatile
Total Current Assets51.4 M49 M
Sufficiently Up
Slightly volatile

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

About VCI Global 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

2.65

At this time, VCI Global's Book Value Per Share is most likely to increase slightly in the upcoming years.

About VCI Global Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:
Check out VCI Global Altman Z Score, VCI Global Correlation, VCI Global Valuation, as well as analyze VCI Global Alpha and Beta and VCI Global Hype Analysis.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Environmental & Facilities Services 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 VCI Global. If investors know VCI 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 VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
8.55
Revenue Per Share
96.7
Quarterly Revenue Growth
0.456
Return On Assets
0.1441
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global's 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 VCI Global's market value can be influenced by many factors that don't directly affect VCI Global's 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 VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global's 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.