Patagonia Gold Corp Stock Piotroski F Score

PGDC Stock  CAD 0.03  0.01  25.00%   
This module uses fundamental data of Patagonia Gold to approximate its Piotroski F score. Patagonia Gold F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Patagonia Gold 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 Patagonia Gold financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patagonia Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
  
At this time, Patagonia Gold's Net Debt is fairly stable compared to the past year. Short Term Debt is likely to climb to about 10.9 M in 2024, whereas Long Term Debt is likely to drop slightly above 9.9 M in 2024. At this time, Patagonia Gold's Average Payables is fairly stable compared to the past year. Inventory Turnover is likely to climb to 4.44 in 2024, whereas PTB Ratio is likely to drop 0.95 in 2024.
At this time, it appears that Patagonia Gold'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..
4.0
Piotroski F Score - Inapplicable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

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

Patagonia Gold Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Patagonia Gold is to make sure Patagonia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Patagonia Gold'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 Patagonia Gold's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.1658
Sufficiently Down
Pretty Stable
Total Current Liabilities12.1 M16.4 M
Way Down
Slightly volatile
Total Assets36.9 M66.4 M
Way Down
Slightly volatile
Total Current Assets8.6 M7.5 M
Moderately Up
Very volatile

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

About Patagonia Gold 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

0.0147

At this time, Patagonia Gold's Book Value Per Share is fairly stable compared to the past year.

Patagonia Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Patagonia Gold from analyzing Patagonia Gold's financial statements. These drivers represent accounts that assess Patagonia Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Patagonia Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap13.0M29.4M17.6M5.2M8.9M8.4M
Enterprise Value39.7M53.5M40.3M34.3M45.7M43.4M

About Patagonia Gold Fundamental Analysis

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

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