Eastwood Bio Medical Canada Stock Piotroski F Score

EBM Stock  CAD 0.75  0.05  6.25%   
This module uses fundamental data of Eastwood Bio-Medical to approximate its Piotroski F score. Eastwood Bio-Medical F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Eastwood Bio Medical Canada. 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 Eastwood Bio-Medical financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Eastwood Bio-Medical's Net Debt is fairly stable compared to the past year. Short and Long Term Debt Total is likely to climb to about 38.5 K in 2024, whereas Long Term Debt is likely to drop slightly above 32.7 K in 2024. At this time, Eastwood Bio-Medical's Days Sales Outstanding is fairly stable compared to the past year. Average Payables is likely to climb to about 76.6 K in 2024, despite the fact that PTB Ratio is likely to grow to (206.81).
At this time, it appears that Eastwood Bio-Medical's Piotroski F Score is Inapplicable. 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 - Inapplicable
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

Decrease

Focus
Change in Gross Margin

No Change

Focus

Eastwood Bio-Medical Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Eastwood Bio-Medical is to make sure Eastwood is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Eastwood Bio-Medical'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 Eastwood Bio-Medical's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.211.15
Sufficiently Up
Slightly volatile
Gross Profit Margin0.50.56
Fairly Down
Slightly volatile
Total Current Liabilities605.1 K1.2 M
Way Down
Slightly volatile
Total Assets418.2 K440.2 K
Notably Down
Slightly volatile
Total Current Assets129.1 K135.9 K
Notably Down
Slightly volatile

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

About Eastwood Bio-Medical 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

(0.0133)

At this time, Eastwood Bio-Medical's Book Value Per Share is fairly stable compared to the past year.

Eastwood Bio-Medical Current Valuation Drivers

We derive many important indicators used in calculating different scores of Eastwood Bio-Medical from analyzing Eastwood Bio-Medical's financial statements. These drivers represent accounts that assess Eastwood Bio-Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eastwood Bio-Medical's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap78.2M84.1M82.7M114.7M103.2M79.5M
Enterprise Value78.1M84.1M82.7M114.7M103.2M78.8M

About Eastwood Bio-Medical Fundamental Analysis

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

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