Vitesse Energy Stock Piotroski F Score

VTS Stock   28.12  0.04  0.14%   
This module uses fundamental data of Vitesse Energy to approximate its Piotroski F score. Vitesse Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Vitesse Energy. 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 Vitesse Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Vitesse Energy Altman Z Score, Vitesse Energy Correlation, Vitesse Energy Valuation, as well as analyze Vitesse Energy Alpha and Beta and Vitesse Energy Hype Analysis.
For more information on how to buy Vitesse Stock please use our How to Invest in Vitesse Energy guide.
  
At this time, Vitesse Energy's Long Term Debt Total is comparatively stable compared to the past year. Net Debt To EBITDA is likely to gain to 0.95 in 2024, whereas Net Debt is likely to drop slightly above 56.7 M in 2024. At this time, Vitesse Energy's Net Debt To EBITDA is comparatively stable compared to the past year. Current Ratio is likely to gain to 1.34 in 2024, whereas PTB Ratio is likely to drop 1.12 in 2024.
At this time, it appears that Vitesse Energy'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

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Vitesse Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Vitesse Energy is to make sure Vitesse is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Vitesse Energy'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 Vitesse Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.240.3054
Significantly Down
Slightly volatile
Gross Profit Margin0.610.3891
Way Up
Slightly volatile
Net Debt56.7 M83.7 M
Way Down
Slightly volatile
Total Current Liabilities41.7 M60.4 M
Way Down
Slightly volatile
Non Current Liabilities Total112.5 M159.2 M
Way Down
Very volatile
Total Assets733.6 M766 M
Sufficiently Down
Slightly volatile
Total Current Assets49 M58.3 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities121.8 M141.9 M
Fairly Down
Slightly volatile

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

About Vitesse Energy 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.

Common Stock Shares Outstanding

28.08 Million

At this time, Vitesse Energy's Common Stock Shares Outstanding is comparatively stable compared to the past year.

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

About Vitesse Energy Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Vitesse Stock Analysis

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