Loop Industries Piotroski F Score

LOOP -  USA Stock  

USD 13.65  0.76  5.90%

This module uses fundamental data of Loop Industries to approximate its Piotroski F score. Loop Industries F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Loop Industries. 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 Loop Industries financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Loop Industries Altman Z Score, Loop Industries Correlation, Loop Industries Valuation, as well as analyze Loop Industries Alpha and Beta and Loop Industries Hype Analysis.

Loop Industries Piotroski F Score 

 
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Loop Industries Total Debt is very stable at the moment as compared to the past year. Loop Industries reported last year Total Debt of 2.45 Million. As of 7th of December 2021, Debt Non Current is likely to grow to about 2 M, while Debt Current is likely to drop about 521.2 K. Loop Industries Book Value per Share is very stable at the moment as compared to the past year. Loop Industries reported last year Book Value per Share of 0.80. As of 7th of December 2021, Current Ratio is likely to grow to 10.69, though Earnings per Diluted Share are likely to grow to (0.67) .
At this time, it appears that Loop Industries' 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 Assets
Negative
2
Change in Return on Assets
Increased
3
Cash Flow Return on Assets
Negative
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
N/A
6
Current Ratio Change
Increase
7
Long Term Debt Over Assets Change
Higher Leverage
8
Change In Outstending Shares
Increase
9
Change in Gross Margin
No Change

Loop Industries Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Loop Industries is to make sure Loop Industries is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Loop Industries' 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 Loop Industries' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares41.5 M41 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted41.5 M41 M
Fairly Up
Increasing
Slightly volatile
Total Assets45.4 M43.4 M
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities7.9 M10.6 M
Way Down
Increasing
Slightly volatile
Current Assets38 M37.6 M
Slightly Up
Increasing
Slightly volatile
Current Liabilities5.9 M9.1 M
Way Down
Increasing
Slightly volatile
Total Debt2.5 M2.5 M
Fairly Up
Increasing
Slightly volatile
Gross Margin0.770.77
Steady
Decreasing
Slightly volatile

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

About Loop Industries 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

0.95Share
Loop Industries Book Value per Share is very stable at the moment as compared to the past year. Loop Industries reported last year Book Value per Share of 0.80

About Loop Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Loop Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Loop Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Loop Industries 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.
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate plastics and polyester fibers into base building blocks. The company was incorporated in 2010 and is based in Terrebonne, Canada. Loop Industries operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 64 people.

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Additionally, see Loop Industries Altman Z Score, Loop Industries Correlation, Loop Industries Valuation, as well as analyze Loop Industries Alpha and Beta and Loop Industries Hype Analysis. Note that the Loop Industries information on this page should be used as a complementary analysis to other Loop Industries' 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 Transaction History module to view history of all your transactions and understand their impact on performance.

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