1847 Goedeker Piotroski F Score

GOED
 Stock
  

USD 1.22  0.03  2.40%   

This module uses fundamental data of 1847 Goedeker to approximate its Piotroski F score. 1847 Goedeker F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of 1847 Goedeker. 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 1847 Goedeker financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check 1847 Goedeker Altman Z Score, 1847 Goedeker Correlation, 1847 Goedeker Valuation, as well as analyze 1847 Goedeker Alpha and Beta and 1847 Goedeker Hype Analysis.
  
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The current year Debt to Equity Ratio is expected to grow to 0.89, whereas Total Debt is forecasted to decline to about 61.2 M.
At this time, it appears that 1847 Goedeker's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsNegativeFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

1847 Goedeker Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to 1847 Goedeker is to make sure 1847 Goedeker is not a subject of accounting manipulations and runs a healthy internal audit department. So, if 1847 Goedeker'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 1847 Goedeker's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares69.6 M64.5 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted82.5 M76.5 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations(18.8 M)(18.3 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets405.7 M376 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities183.8 M170.4 M
Significantly Up
Increasing
Slightly volatile
Current Assets130.9 M121.3 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities83.9 M105.3 M
Significantly Down
Increasing
Slightly volatile
Total Debt61.2 M73.2 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets0.02920.027
Significantly Up
Increasing
Slightly volatile
Gross Margin0.220.22
Steady
Decreasing
Very volatile
Asset Turnover1.531.289
Fairly Up
Decreasing
Slightly volatile

1847 Goedeker 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 1847 Goedeker's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 1847 Goedeker in a much-optimized way.

About 1847 Goedeker 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

3.44

Share
1847 Goedeker Book Value per Share is projected to increase slightly based on the last few years of reporting. The past year's Book Value per Share was at 3.19

About 1847 Goedeker Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1847 Goedeker's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1847 Goedeker using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1847 Goedeker 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.
1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. In addition, the company provides appliance installation services and old appliance removal services. 1847 Goedeker Inc. was founded in 1951 and is headquartered in Brooklyn, New York. 1847 Goedeker operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 482 people.

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Please check 1847 Goedeker Altman Z Score, 1847 Goedeker Correlation, 1847 Goedeker Valuation, as well as analyze 1847 Goedeker Alpha and Beta and 1847 Goedeker Hype Analysis. Note that the 1847 Goedeker information on this page should be used as a complementary analysis to other 1847 Goedeker'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is 1847 Goedeker'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 1847 Goedeker. If investors know 1847 Goedeker 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 1847 Goedeker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
139.4 M
Quarterly Revenue Growth YOY
10.15
Return On Assets
0.13
Return On Equity
0.17
The market value of 1847 Goedeker is measured differently than its book value, which is the value of 1847 Goedeker that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Goedeker's value that differs from its market value or its book value, called intrinsic value, which is 1847 Goedeker'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 1847 Goedeker's market value can be influenced by many factors that don't directly affect 1847 Goedeker'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 1847 Goedeker's value and its price as these two are different measures arrived at by different means. Investors typically determine 1847 Goedeker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Goedeker'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.