Platinum Group Metals Stock Piotroski F Score

PLG Stock  USD 1.62  0.12  6.90%   
This module uses fundamental data of Platinum Group to approximate its Piotroski F score. Platinum Group F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Platinum Group Metals. 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 Platinum Group financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Platinum Group Altman Z Score, Platinum Group Correlation, Platinum Group Valuation, as well as analyze Platinum Group Alpha and Beta and Platinum Group Hype Analysis.
  
At this time, Platinum Group's Debt To Equity is most likely to increase significantly in the upcoming years. The Platinum Group's current Debt To Assets is estimated to increase to 0.56, while Short and Long Term Debt Total is projected to decrease to roughly 271 K. At this time, Platinum Group's Capex To Depreciation is most likely to decrease significantly in the upcoming years. The Platinum Group's current PB Ratio is estimated to increase to 4.34, while Free Cash Flow Yield is projected to decrease to (0.06).
At this time, it appears that Platinum Group's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
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

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Platinum Group Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Platinum Group is to make sure Platinum is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Platinum Group'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 Platinum Group's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00660.0074
Fairly Down
Slightly volatile
Total Current Liabilities1.5 M1.6 M
Notably Down
Pretty Stable
Non Current Liabilities Total1.4 M1.5 M
Notably Down
Pretty Stable
Total Assets54.6 M57.5 M
Notably Down
Slightly volatile
Total Current Assets8.3 M8.7 M
Notably Down
Slightly volatile

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

About Platinum Group 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.

Common Stock Shares Outstanding

120.68 Million

At this time, Platinum Group's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

Platinum Group Current Valuation Drivers

We derive many important indicators used in calculating different scores of Platinum Group from analyzing Platinum Group's financial statements. These drivers represent accounts that assess Platinum Group's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Platinum Group's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap145.8M192.7M133.5M121.9M109.7M81.5M
Enterprise Value181.3M214.6M121.2M115.3M103.7M92.7M

About Platinum Group Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group'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 Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:
Is Precious Metals & Minerals 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 Platinum Group. If investors know Platinum 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 Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Return On Assets
(0.11)
Return On Equity
(0.12)
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group'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 Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group'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 Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group'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.