The next are right this moment’s upgrades for Validea’s E-book/Market Investor mannequin primarily based on the printed technique of Joseph Piotroski. This value-quant technique screens for prime book-to-market shares, after which separates out financially sound companies by a bunch of bettering monetary standards.
STAR BULK CARRIERS CORP (SBLK) is a mid-cap progress inventory within the Water Transportation trade. The ranking based on our technique primarily based on Joseph Piotroski modified from 0% to 80% primarily based on the agency’s underlying fundamentals and the inventory’s valuation. A rating of 80% or above usually signifies that the technique has some curiosity within the inventory and a rating above 90% usually signifies sturdy curiosity.
Firm Description: Star Bulk Carriers Corp is a Greece-based international transport firm. The Firm owns and operates a various fleet of dry bulk vessels that transport bulk commodities, together with iron ore, minerals and grain, bauxite, fertilizers and metal merchandise, alongside worldwide transport routes. The Firm has a fleet of 112 vessels, with an mixture capability of 12.5 million dwt, consisting of Newcastlemax, Capesize, Submit Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt. The Firm maintains government workplaces in Athens, Greece and in Limassol, Cyprus.
The next desk summarizes whether or not the inventory meets every of this technique’s checks. Not all standards within the under desk obtain equal weighting or are impartial, however the desk offers a short overview of the sturdy and weak factors of the safety within the context of the technique’s standards.
| BOOK/MARKET RATIO: | PASS |
| RETURN ON ASSETS: | PASS |
| CHANGE IN RETURN ON ASSETS: | PASS |
| CASH FLOW FROM OPERATIONS: | PASS |
| CASH COMPARED TO NET INCOME: | PASS |
| CHANGE IN LONG TERM DEBT/ASSETS | PASS |
| CHANGE IN CURRENT RATIO: | PASS |
| CHANGE IN SHARES OUTSTANDING: | FAIL |
| CHANGE IN GROSS MARGIN: | PASS |
| CHANGE IN ASSET TURNOVER: | FAIL |
Detailed Evaluation of STAR BULK CARRIERS CORP
SBLK Guru Evaluation
SBLK Basic Evaluation
NAVIGATOR HOLDINGS LTD (NVGS) is a small-cap worth inventory within the Water Transportation trade. The ranking based on our technique primarily based on Joseph Piotroski modified from 0% to 90% primarily based on the agency’s underlying fundamentals and the inventory’s valuation. A rating of 80% or above usually signifies that the technique has some curiosity within the inventory and a rating above 90% usually signifies sturdy curiosity.
Firm Description: Navigator Holdings Ltd. is a United Kingdom-based proprietor and operator of liquefied fuel carriers. The Firm offers worldwide and regional seaborne transportation companies of petrochemical gases, liquefied petroleum fuel (LPG) and ammonia for vitality corporations, industrial customers, and commodity merchants. The Firm additionally owns a 50% share in an ethylene export marine terminal at Morgans Level, Texas on the Houston Ship Channel, United States. The Firm owns and operates 59 semi- or absolutely refrigerated liquefied fuel carriers every having a cargo capability of between 3,770 cubic meters (cbm) and 38,000 cbm, of which 28 had been ethylene and ethane-capable vessels. These gases are transported in liquefied type, by making use of cooling and/or stress, to cut back quantity by as much as 900 instances relying on the cargo, making their transportation extra environment friendly and economical. Its companies embrace Maritime Logistics, and Ship Shore Infrastructure, amongst others.
The next desk summarizes whether or not the inventory meets every of this technique’s checks. Not all standards within the under desk obtain equal weighting or are impartial, however the desk offers a short overview of the sturdy and weak factors of the safety within the context of the technique’s standards.
| BOOK/MARKET RATIO: | PASS |
| RETURN ON ASSETS: | PASS |
| CHANGE IN RETURN ON ASSETS: | PASS |
| CASH FLOW FROM OPERATIONS: | PASS |
| CASH COMPARED TO NET INCOME: | PASS |
| CHANGE IN LONG TERM DEBT/ASSETS | PASS |
| CHANGE IN CURRENT RATIO: | FAIL |
| CHANGE IN SHARES OUTSTANDING: | PASS |
| CHANGE IN GROSS MARGIN: | PASS |
| CHANGE IN ASSET TURNOVER: | PASS |
Detailed Evaluation of NAVIGATOR HOLDINGS LTD
NVGS Guru Evaluation
NVGS Basic Evaluation
Joseph Piotroski Portfolio
About Joseph Piotroski: Piotroski is not your typical Wall Avenue large shot. In reality, he isn’t even knowledgeable investor. He is a superb previous numbers-crunching accountant and school professor. However in 2000, shortly after he began instructing on the College of Chicago’s Graduate Faculty of Enterprise, Piotroski printed a groundbreaking paper within the Journal of Accounting Analysis entitled “Worth Investing: The Use of Historic Monetary Assertion Info to Separate Winners from Losers”. In it, Piotroski laid out an accounting-based stock-selection/shorting technique that produced a 23 % common annual back-tested return from 1976 by means of 1996 — greater than double the S&P 500’s acquire throughout that point. Piotroski’s findings had been reported in main monetary publiations like SmartMoney. Right now, he teaches accounting at Stanford College’s Graduate Faculty of Enterprise.
About Validea: Validea is aninvestment researchservice that follows the printed methods of funding legends. Validea provides each inventory evaluation and mannequin portfolios primarily based on gurus who’ve outperformed the market over the long-term, together with Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For extra details about Validea, click on right here
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
