Are First Vanadium Corp. (TSXV:FVAN) and Endonovo Therapeutics, Inc. (OTCPK:ENDV) Providing Value To Investors?
Date: Oct 10, 2018
Investors may be interested in viewing the Gross Margin score on shares of First Vanadium Corp. (TSXV:FVAN). The name currently has a score of 69.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score runs on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.
In taking a look at some additional key numbers, First Vanadium Corp. (TSXV:FVAN) has a current ERP5 Rank of 15734. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.
First Vanadium Corp. (TSXV:FVAN) currently has a Montier C-score of -1.00000. This indicator was developed by James Montier in an attempt to identify firms that were fixing the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to calculate the score. Montier used six inputs in the calculation. These inputs included a growing difference among net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.
First Vanadium Corp. (TSXV:FVAN) has an M-score Beneish of -999.000000. This M-score model was developed by Messod Beneish in order to detect manipulation of financial statements. The score uses a combination of eight different variables. The specifics of the variables and formula can be found in the paper written by Beneish called “The Detection of Earnings Manipulation”.
The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of First Vanadium Corp. (TSXV:FVAN) is 71. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of First Vanadium Corp. (TSXV:FVAN) is 80.
At the time of writing, First Vanadium Corp. (TSXV:FVAN) has a Piotroski F-Score of 2. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.
