Zion Oil Gas Stock Piotroski F Score

ZNOG Stock  USD 0.06  0.00  0.00%   
This module uses fundamental data of Zion Oil to approximate its Piotroski F score. Zion Oil F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Zion Oil Gas. 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 Zion Oil financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Zion Oil Altman Z Score, Zion Oil Correlation, Zion Oil Valuation, as well as analyze Zion Oil Alpha and Beta and Zion Oil Hype Analysis.
At this time, Zion Oil's Debt Non Current is most likely to decrease significantly in the upcoming years. The Zion Oil's current Debt to Equity Ratio is estimated to increase to 0.20, while Issuance Repayment of Debt Securities is projected to decrease to (27.7 K). At this time, Zion Oil's Debt to Equity Ratio is most likely to increase slightly in the upcoming years. . The Zion Oil's current Price to Book Value is estimated to increase to 1.31, while Earnings per Diluted Share is projected to decrease to (0.13).
At this time, it appears that Zion Oil'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..
Piotroski F Score - Frail
Current Return On AssetsNegativeFocus
Change in Return on AssetsDecreasedFocus
Cash Flow Return on AssetsNegativeFocus
Current Quality of Earnings (accrual)ImprovingFocus
Asset Turnover GrowthN/AFocus
Current Ratio ChangeIncreaseFocus
Long Term Debt Over Assets ChangeHigher LeverageFocus
Change In Outstending SharesIncreaseFocus
Change in Gross MarginN/AFocus

Zion Oil Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Zion Oil is to make sure Zion is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Zion Oil'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 Zion Oil's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted505.6 M468.6 M
Significantly Up
Slightly volatile
Weighted Average Shares505.6 M468.6 M
Significantly Up
Slightly volatile
Current Liabilities4.2 M3.9 M
Notably Up
Slightly volatile
Total Liabilities5.1 M4.4 M
Fairly Up
Slightly volatile
Total Debt213.5 K208 K
Fairly Up
Pretty Stable
Current Assets6.3 M4.6 M
Significantly Up
Slightly volatile
Total Assets28.7 M27.5 M
Sufficiently Up
Slightly volatile

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

About Zion Oil 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


At this time, Zion Oil's Book Value per Share is most likely to slightly decrease in the upcoming years.

Zion Oil Current Valuation Drivers

We derive many important indicators used in calculating different scores of Zion Oil from analyzing Zion Oil's financial statements. These drivers represent accounts that assess Zion Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Zion Oil's important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Average Assets32.3M14.8M34.2M54.4M59.9M64.7M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(38.0M)(6.3M)(6.4M)(9.7M)(54.2M)(55.7M)
Earnings Before Interest Taxes and Depreciation Amortization USD(38.0M)(6.3M)(6.4M)(9.7M)(54.2M)(55.7M)
Earnings before Tax(38.5M)(6.7M)(7.0M)(10.7M)(55.1M)(56.5M)
Average Equity23.1M9.0M28.1M48.3M56.0M60.4M
Enterprise Value23.6M16.5M195.4M51.8M26.0M26.7M
Free Cash Flow(21.8M)(12.4M)(19.6M)(34.8M)(22.0M)(23.7M)
Invested Capital6.9M15.0M27.1M53.2M21.6M20.3M
Invested Capital Average22.6M12.0M21.5M43.5M51.6M55.7M
Market Capitalization27.0M16.8M211.2M56.5M29.3M30.1M
Tangible Asset Value12.5M18.7M43.5M63.4M27.5M28.7M
Working Capital537K5.0M11.8M3.3M661K678.4K

About Zion Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zion Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zion Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zion Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Zion Oil Gas, Inc., together with its subsidiaries, operates as an oil and gas exploration company in Israel. Zion Oil Gas, Inc. was incorporated in 2000 and is headquartered in Dallas, Texas. Zion Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 24 people.
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 Zion Oil 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, Zion Oil's short interest history, or implied volatility extrapolated from Zion Oil options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Zion Oil Altman Z Score, Zion Oil Correlation, Zion Oil Valuation, as well as analyze Zion Oil Alpha and Beta and Zion Oil Hype Analysis.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Zion Oil's price analysis, check to measure Zion Oil'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 Zion Oil is operating at the current time. Most of Zion Oil's value examination focuses on studying past and present price action to predict the probability of Zion Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zion Oil's price. Additionally, you may evaluate how the addition of Zion Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Zion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zion Oil'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.