Advent Technologies Holdings Stock Piotroski F Score

ADNWW Stock  USD 0.01  0.0004  4.40%   
This module uses fundamental data of Advent Technologies to approximate its Piotroski F score. Advent Technologies F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Advent Technologies Holdings. 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 Advent Technologies financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Advent Technologies Altman Z Score, Advent Technologies Correlation, Advent Technologies Valuation, as well as analyze Advent Technologies Alpha and Beta and Advent Technologies Hype Analysis.
  
At this time, Advent Technologies' Short and Long Term Debt Total is fairly stable compared to the past year. Short Term Debt is likely to climb to about 5.5 M in 2024, whereas Long Term Debt is likely to drop slightly above 99.3 K in 2024. At this time, Advent Technologies' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 4.98 in 2024, whereas PTB Ratio is likely to drop 0.90 in 2024.
At this time, it appears that Advent Technologies' 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

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

Advent Technologies Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Advent Technologies is to make sure Advent is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Advent Technologies' 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 Advent Technologies' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.1399
Notably Up
Slightly volatile
Total Current LiabilitiesM11.9 M
Way Down
Slightly volatile
Non Current Liabilities Total8.9 M9.4 M
Notably Down
Slightly volatile
Total Assets33 M34.7 M
Notably Down
Slightly volatile
Total Current Assets8.4 M8.8 M
Notably Down
Slightly volatile

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

About Advent Technologies 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

6.66

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

Advent Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Advent Technologies from analyzing Advent Technologies' financial statements. These drivers represent accounts that assess Advent Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Advent Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.0M306.3M321.2M93.3M12.8M12.2M
Enterprise Value9.0M309.1M241.5M72.5M19.7M18.7M

About Advent Technologies Fundamental Analysis

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

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