Feng Hsin Steel Co., Ltd. / Financial strength (Piotroski F-Value) /
The F-Value, developed by Stanford accounting professor Joseph Piotroski, measures a company's financial strength based on nine distinct criteria. Piotroski suggest using the value as part of a value investing strategy to rank stocks with a low price-to-book ratio. The approach is described in detail in Piotroski's 2002 Paper Value Investing: The Use of Historical Financial Statement Information to Separate Winners From Losers.
You are viewing the F-Value as of . Click to view the current F-Value instead.
- Financial strength (Piotroski F-Value)
-
5
/ 9
- Return on assets (ROA) greater than 0
- check 9.1%
- Operating cash flow greater than 0
- check $130.15M
- ROA greater than previous year
- close 9.1% ≤ 12.9%
- Cash flow return on assets (CFROA) greater than Return on assets (ROA)
- check 20.9% > 9.1%
- Leverage ratio lower than previous year
- close 1.0% ≥ 0.0%
- Current ratio greater than previous year
- check 297.0% > 243.0%
- No new common stock issued last year
- check $0.00
- Gross margin greater than previous year
- close 10.3% ≤ 13.5%
- Asset turnover greater than previous year
- close 129.2% ≤ 135.4%
F-Value history
The F-Value is calculated for each quarter based on the cumulation of the previous four quarterly statements. Click on the chart to see the F-Value at a specific time in the past.
-
5
-
6
-
7
-
6
-
6
-
6
-
5
-
6
-
6
-
6
-
6
-
6
-
7
-
6
-
7
-
7
-
6
-
6
-
6
-
6
-
6
-
6
-
6
-
6
-
6
-
6
-
5
-
7
-
4
-
6
-
6
-
4
-
5
-
5
-
6
-
8
-
8
-
7
-
7
-
7
-
7
-
6
-
5
-
6
-
6
-
6
-
6
-
4
-
3
-
4
-
4
-
6
-
7
-
6
-
6