Verifyme Stock Piotroski F Score

VRMEW Stock  USD 0.03  0.00  0.00%   
This module uses fundamental data of VerifyMe to approximate its Piotroski F score. VerifyMe F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of VerifyMe. 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 VerifyMe financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
  
At this time, VerifyMe's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt To EBITDA is likely to climb to 0.08 in 2024, whereas Short Term Debt is likely to drop slightly above 345.1 K in 2024. At this time, VerifyMe's POCF Ratio is fairly stable compared to the past year. Capex To Operating Cash Flow is likely to climb to 0.15 in 2024, whereas Days Sales Outstanding is likely to drop 58.89 in 2024.
At this time, it appears that VerifyMe's 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

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

VerifyMe Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to VerifyMe is to make sure VerifyMe is not a subject of accounting manipulations and runs a healthy internal audit department. So, if VerifyMe'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 VerifyMe's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.281.2226
Sufficiently Up
Slightly volatile
Gross Profit Margin0.630.3557
Way Up
Very volatile
Total Current Liabilities5.4 M5.1 M
Sufficiently Up
Slightly volatile
Total Assets21.7 M20.7 M
Sufficiently Up
Slightly volatile
Total Current Assets8.1 M7.7 M
Sufficiently Up
Slightly volatile

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

About VerifyMe 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

1.36

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

VerifyMe Current Valuation Drivers

We derive many important indicators used in calculating different scores of VerifyMe from analyzing VerifyMe's financial statements. These drivers represent accounts that assess VerifyMe's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of VerifyMe's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.5M14.3M22.6M10.8M9.8M8.4M
Enterprise Value7.6M6.5M13.2M10.7M9.6M6.8M

About VerifyMe Fundamental Analysis

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

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