Indonesia Piotroski F Score

INDO -  USA Stock  

USD 15.72  0.90  6.07%

This module uses fundamental data of Indonesia Energy to approximate its Piotroski F score. Indonesia Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Indonesia Energy 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 Indonesia Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see Indonesia Energy Altman Z Score, Indonesia Energy Correlation, Indonesia Energy Valuation, as well as analyze Indonesia Energy Alpha and Beta and Indonesia Energy Hype Analysis.
  
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Indonesia Energy Total Debt is quite stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 2.36 Million. Debt Current is expected to rise to about 971.7 K this year, although the value of Issuance Repayment of Debt Securities will most likely fall to (1 M). Indonesia Energy Asset Turnover is quite stable at the moment as compared to the past year. The company's current value of Asset Turnover is estimated at 0.22. Current Ratio is expected to rise to 1.28 this year, although Book Value per Share will most likely fall to 0.91.
At this time, it appears that Indonesia Energy'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
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsNegativeFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Indonesia Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Indonesia Energy is to make sure Indonesia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Indonesia Energy'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 Indonesia Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares7.7 M7.4 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted7.7 M7.4 M
Sufficiently Up
Increasing
Slightly volatile
Net Cash Flow from Operations(3.6 M)(3.5 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets14.2 M12.1 M
Fairly Up
Increasing
Slightly volatile
Total Liabilities6.1 M4.3 M
Significantly Up
Decreasing
Slightly volatile
Current Assets3.6 M3.5 M
Fairly Up
Increasing
Stable
Current Liabilities2.7 M2.8 M
Notably Down
Decreasing
Slightly volatile
Total Debt2.4 M2.3 M
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets(0.45)(0.44)
Fairly Down
Decreasing
Slightly volatile
Gross Margin(0.0164)(0.016)
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.220.177
Fairly Up
Decreasing
Slightly volatile

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

About Indonesia Energy 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

0.91

Share
Indonesia Energy Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 0.91

About Indonesia Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Indonesia Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Indonesia Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Indonesia Energy 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.
Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited. Indonesia Energy operates under Oil Gas EP classification in the United States and is traded on NYSEMKT Exchange. It employs 28 people.

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Please see Indonesia Energy Altman Z Score, Indonesia Energy Correlation, Indonesia Energy Valuation, as well as analyze Indonesia Energy Alpha and Beta and Indonesia Energy Hype Analysis. Note that the Indonesia Energy Corp information on this page should be used as a complementary analysis to other Indonesia Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Indonesia Energy Corp price analysis, check to measure Indonesia Energy'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 Indonesia Energy is operating at the current time. Most of Indonesia Energy's value examination focuses on studying past and present price action to predict the probability of Indonesia Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Indonesia Energy's price. Additionally, you may evaluate how the addition of Indonesia Energy to your portfolios can decrease your overall portfolio volatility.
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Is Indonesia Energy's industry 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 Indonesia Energy. If investors know Indonesia 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 Indonesia Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Indonesia Energy Corp is measured differently than its book value, which is the value of Indonesia that is recorded on the company's balance sheet. Investors also form their own opinion of Indonesia Energy's value that differs from its market value or its book value, called intrinsic value, which is Indonesia Energy'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 Indonesia Energy's market value can be influenced by many factors that don't directly affect Indonesia Energy'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 Indonesia Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Indonesia Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indonesia Energy'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.