Nio Inc Piotroski F Score

NIO -  USA Stock  

USD 41.27  2.39  6.15%

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

Nio Inc Piotroski F Score 

 
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Debt to Equity Ratio is expected to rise to 0.90 this year, although the value of Total Debt will most likely fall to about 7.7 B. Nio Inc 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 24.79. Debt to Equity Ratio is expected to rise to 0.90 this year, although the value of Current Ratio will most likely fall to 2.72.
At this time, it appears that Nio Inc'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
1
Current Return On Assets
Negative
2
Change in Return on Assets
Decreased
3
Cash Flow Return on Assets
Positive
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Increase
6
Current Ratio Change
Decrease
7
Long Term Debt Over Assets Change
Lower Leverage
8
Change In Outstending Shares
Increase
9
Change in Gross Margin
Increase

Nio Inc Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Nio Inc is to make sure Nio Inc is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nio Inc'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 Nio Inc's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.3 B1.2 B
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted1.3 B1.2 B
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations2.1 BB
Significantly Up
Increasing
Very volatile
Total Assets59 B54.6 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities18.5 B22.8 B
Significantly Down
Increasing
Slightly volatile
Current Assets49.9 B46.2 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities11.3 B14 B
Significantly Down
Increasing
Slightly volatile
Total Debt7.7 B9.4 B
Significantly Down
Increasing
Slightly volatile
Gross Margin0.120.115
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover0.520.51
Fairly Up
Increasing
Slightly volatile

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

About Nio Inc 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.

Weighted Average Shares

1.28 BillionShare
Nio Inc Weighted Average Shares is quite stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 1.28 Billion

About Nio Inc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nio Inc ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nio Inc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nio Inc ADR 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.
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China. Nio Inc operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. It employs 7763 people.

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Additionally, see Nio Inc Altman Z Score, Nio Inc Correlation, Nio Inc Valuation, as well as analyze Nio Inc Alpha and Beta and Nio Inc Hype Analysis. Note that the Nio Inc ADR information on this page should be used as a complementary analysis to other Nio Inc'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Nio Inc'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 Nio Inc. If investors know Nio Inc 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 Nio Inc 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 Nio Inc ADR is measured differently than its book value, which is the value of Nio Inc that is recorded on the company's balance sheet. Investors also form their own opinion of Nio Inc's value that differs from its market value or its book value, called intrinsic value, which is Nio Inc'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 Nio Inc's market value can be influenced by many factors that don't directly affect Nio Inc'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 Nio Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Nio Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nio Inc'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.