Nuvve Holding Corp Stock Piotroski F Score

NVVE Stock  USD 3.65  0.03  0.83%   
This module uses fundamental data of Nuvve Holding to approximate its Piotroski F score. Nuvve Holding F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Nuvve Holding Corp. 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 Nuvve Holding financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Nuvve Holding Altman Z Score, Nuvve Holding Correlation, Nuvve Holding Valuation, as well as analyze Nuvve Holding Alpha and Beta and Nuvve Holding Hype Analysis.
  
At present, Nuvve Holding's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Debt To Equity is expected to grow to 0, whereas Short and Long Term Debt is forecasted to decline to about 3.4 M. At present, Nuvve Holding's Days Of Inventory On Hand is projected to increase significantly based on the last few years of reporting. The current year's Payables Turnover is expected to grow to 4.33, whereas PTB Ratio is forecasted to decline to 5.05.
At this time, it appears that Nuvve Holding'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

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Nuvve Holding Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nuvve Holding is to make sure Nuvve is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nuvve Holding'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 Nuvve Holding's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.3977
Significantly Down
Very volatile
Gross Profit Margin0.150.1621
Significantly Down
Slightly volatile
Total Current Liabilities6.9 M8.3 M
Significantly Down
Slightly volatile
Non Current Liabilities Total4.8 M5.6 M
Fairly Down
Slightly volatile
Total Assets37.4 M21 M
Way Up
Slightly volatile
Total Current Assets18.7 M13 M
Way Up
Slightly volatile

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

About Nuvve Holding 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

8.32

At present, Nuvve Holding's Book Value Per Share is projected to increase significantly based on the last few years of reporting.

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

About Nuvve Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuvve Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuvve Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuvve Holding Corp 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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When determining whether Nuvve Holding Corp is a strong investment it is important to analyze Nuvve Holding'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 Nuvve Holding's future performance. For an informed investment choice regarding Nuvve Stock, refer to the following important reports:
Check out Nuvve Holding Altman Z Score, Nuvve Holding Correlation, Nuvve Holding Valuation, as well as analyze Nuvve Holding Alpha and Beta and Nuvve Holding Hype Analysis.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electrical Components & Equipment 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 Nuvve Holding. If investors know Nuvve 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 Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(390.25)
Revenue Per Share
19.423
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.70)
Return On Equity
(2.61)
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding'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 Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding'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 Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding'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.