Je Cleantech Holdings Stock Piotroski F Score

JCSE Stock  USD 1.09  0.03  2.83%   
This module uses fundamental data of JE Cleantech to approximate its Piotroski F score. JE Cleantech F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of JE Cleantech 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 JE Cleantech financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out JE Cleantech Altman Z Score, JE Cleantech Correlation, JE Cleantech Valuation, as well as analyze JE Cleantech Alpha and Beta and JE Cleantech Hype Analysis.
  
At present, JE Cleantech's Short and Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 4.8 M, whereas Long Term Debt is forecasted to decline to about 3.6 M. At present, JE Cleantech's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.25, whereas PTB Ratio is forecasted to decline to 0.28.
At this time, it appears that JE Cleantech'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

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

Decrease

Focus
Change in Gross Margin

Increase

Focus

JE Cleantech Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to JE Cleantech is to make sure JCSE is not a subject of accounting manipulations and runs a healthy internal audit department. So, if JE Cleantech'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 JE Cleantech's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01390.0146
Notably Down
Pretty Stable
Asset Turnover0.830.508
Way Up
Slightly volatile
Gross Profit Margin0.260.2421
Notably Up
Slightly volatile
Net Debt7.1 M4.5 M
Way Up
Slightly volatile
Total Current Liabilities12.1 M13.8 M
Fairly Down
Slightly volatile
Non Current Liabilities Total4.7 MM
Significantly Down
Slightly volatile
Total Assets28.7 M35.5 M
Significantly Down
Slightly volatile
Total Current Assets17.9 M26.7 M
Way Down
Slightly volatile

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

About JE Cleantech 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

3.51

At present, JE Cleantech's Book Value Per Share is projected to increase slightly based on the last few years of reporting.

About JE Cleantech Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether JE Cleantech Holdings is a strong investment it is important to analyze JE Cleantech'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 JE Cleantech's future performance. For an informed investment choice regarding JCSE Stock, refer to the following important reports:
Check out JE Cleantech Altman Z Score, JE Cleantech Correlation, JE Cleantech Valuation, as well as analyze JE Cleantech Alpha and Beta and JE Cleantech Hype Analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Industrial Machinery & Supplies & Components 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 JE Cleantech. If investors know JCSE 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 JE Cleantech 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
1.143
Earnings Share
0.12
Revenue Per Share
3.987
Quarterly Revenue Growth
0.219
Return On Assets
0.0249
The market value of JE Cleantech Holdings is measured differently than its book value, which is the value of JCSE that is recorded on the company's balance sheet. Investors also form their own opinion of JE Cleantech's value that differs from its market value or its book value, called intrinsic value, which is JE Cleantech'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 JE Cleantech's market value can be influenced by many factors that don't directly affect JE Cleantech'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 JE Cleantech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JE Cleantech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JE Cleantech'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.