Purecycle Technologies Holdings Stock Piotroski F Score
| PCTTU Stock | USD 7.35 0.00 0.00% |
Purecycle | Piotroski F Score |
At this time, it appears that Purecycle Technologies' 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..
2.0
Piotroski F Score - Frail
| Current Return On Assets | Negative |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Negative |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | No Change |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | Higher Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Purecycle Technologies Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Purecycle Technologies is to make sure Purecycle is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Purecycle Technologies' 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 Purecycle Technologies' financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Debt | 466.9 M | 444.7 M |
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| Total Current Liabilities | 33.2 M | 55.6 M |
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| Non Current Liabilities Total | 591.7 M | 563.5 M |
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| Total Assets | 555.2 M | 1 B |
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| Total Current Assets | 149.5 M | 162.6 M |
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Purecycle Technologies 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 Purecycle Technologies' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Purecycle Technologies in a much-optimized way.
| 0.33 | 0.28 | 0.34 | 0.35 | 0.31 | -0.35 | ||
| 0.33 | 0.89 | 1.0 | 0.86 | 0.67 | -0.95 | ||
| 0.28 | 0.89 | 0.91 | 0.98 | 0.84 | -0.91 | ||
| 0.34 | 1.0 | 0.91 | 0.89 | 0.7 | -0.96 | ||
| 0.35 | 0.86 | 0.98 | 0.89 | 0.86 | -0.93 | ||
| 0.31 | 0.67 | 0.84 | 0.7 | 0.86 | -0.79 | ||
| -0.35 | -0.95 | -0.91 | -0.96 | -0.93 | -0.79 |
Click cells to compare fundamentals
About Purecycle Technologies 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 |
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About Purecycle Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Purecycle Technologies Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purecycle Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purecycle Technologies Holdings 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Purecycle Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Purecycle Technologies' short interest history, or implied volatility extrapolated from Purecycle Technologies options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Purecycle Technologies using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Purecycle Technologies Altman Z Score, Purecycle Technologies Correlation, Purecycle Technologies Valuation, as well as analyze Purecycle Technologies Alpha and Beta and Purecycle Technologies Hype Analysis. For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Purecycle Stock analysis
When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Purecycle Technologies' 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 Purecycle Technologies. If investors know Purecycle 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 Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Return On Assets (0.07) | Return On Equity (0.22) |
The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' 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 Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' 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 Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Purecycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' 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.