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WAST (Waste Energy) Mohanram G-Score : 2 (As of Sep. 2024)


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What is Waste Energy Mohanram G-Score?

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Waste Energy has an G-score of 2.

The historical rank and industry rank for Waste Energy's Mohanram G-Score or its related term are showing as below:

WAST' s Mohanram G-Score Range Over the Past 10 Years
Min: 1   Med: 2   Max: 2
Current: 2

During the past 13 years, the highest Piotroski G-score of Waste Energy was 2. The lowest was 1. And the median was 2.


Waste Energy Mohanram G-Score Historical Data

The historical data trend for Waste Energy's Mohanram G-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waste Energy Mohanram G-Score Chart

Waste Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 2.00

Waste Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 2.00 2.00 2.00 2.00

Competitive Comparison of Waste Energy's Mohanram G-Score

For the Software - Application subindustry, Waste Energy's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waste Energy's Mohanram G-Score Distribution in the Software Industry

For the Software industry and Technology sector, Waste Energy's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Waste Energy's Mohanram G-Score falls into.



Waste Energy Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Waste Energy has an G-score of 2.

Waste Energy  (OTCPK:WAST) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Waste Energy Mohanram G-Score Related Terms

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Waste Energy Business Description

Traded in Other Exchanges
N/A
Address
3250 Oakland Hills Court, Fairfield, CA, USA, 94534
Waste Energy Corp formerly MetaWorks Platforms Inc is a full-service blockchain and web development platform provider. The company's business model is to provide a turnkey set of services to develop and integrate Web 3.0 / Metaverse technologies, NFT, blockchain, and cryptocurrency technologies. It offers a set of services for companies to develop and integrate blockchain and payment technologies into their business operations. It builds and operates FinTech Platforms-as-a-Service for digital currencies, digital securities tokens, and digital assets. The firm generates the majority of its revenue from the sale of movie rights.
Executives
Scott Gallagher officer: President 3415 LOGGERHEAD WAY, WESLEY CHAPEL FL 33544
Shelly Marie Murphy director 1803 W ENCINAS ST., GILBERT AZ 85233
James P Geiskopf director, 10 percent owner, officer: President Secretary Treasurer 901 HANCOCK AVENUE, UNIT 308, WEST HOLLYWOOD CA 90069
Cameron Chell director, officer: President and CEO 561 BROOKS AVENUE, VENICE BEACH CA 90291
Swapan Kakumanu officer: Chief Financial Officer 193 SIMCOE CIRCLE, CALGARY A0 T3H 4S3
Edmund C. Moy director 130 ANDOVER PARK EAST SUITE 200, SEATTLE WA 98188
Alphonso Jackson director 1411 KEY BLVD., UNIT 601, ARLINGTON VA 22209
James Michael Carter director 12532 23RD AVENUE, SURREY A1 V4A 2C4
Bruce Gordon Elliott officer: President 6 KERMODE ROAD, CROSBY Y8 1M4 4BZ
Michael Alexander Blum director, officer: CFO, Secretary, Treasurer 2212 GLENBROOK WAY, LAS VEGAS NV 89117

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