
Franklin Resources, Inc. / 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)
-
6
/ 9
- Return on assets (ROA) greater than 0
- check 14.2%
- Operating cash flow greater than 0
- check $1.32B
- ROA greater than previous year
- check 14.2% > 12.8%
- Cash flow return on assets (CFROA) greater than Return on assets (ROA)
- close 11.5% ≤ 14.2%
- Leverage ratio lower than previous year
- check 14.9% < 17.1%
- Current ratio greater than previous year
- check 680.6% > 614.3%
- No new common stock issued last year
- close $42.07M
- Gross margin greater than previous year
- close 62.2% ≤ 64.6%
- Asset turnover greater than previous year
- check 53.3% > 49.8%
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.
-
8
-
7
-
6
-
5
-
4
-
5
-
6
-
4
-
3
-
3
-
3
-
3
-
7
-
8
-
8
-
7
-
7
-
5
-
5
-
5
-
5
-
5
-
6
-
7
-
5
-
6
-
5
-
5
-
7
-
7
-
7
-
8
-
6
-
6
-
5
-
5
-
6
-
6
-
6
-
6
-
5
-
5
-
3
-
3
-
3
-
3
-
6
-
6
-
6
-
5
-
4
-
5
-
5
-
5
-
5
-
7
-
7
-
6
-
7
-
7
-
7
-
7
-
6
-
6
-
6
-
5
-
7
-
5
-
6
-
5
-
6
-
5
-
5
-
6
-
5
-
5
-
3
-
5
-
5
-
5
-
4
-
3
-
4
-
4
-
6
-
6
-
4
-
2
-
3
-
3
-
4
-
6
-
5
-
6
-
4
-
6
-
7
-
5
-
6
-
5
-
5
-
5
-
3
-
4
-
5
-
4
-
3
-
3
-
4
-
4
-
5
-
5
-
6
-
7
-
4
-
3
-
2
-
2
-
3
-
3
-
3
-
3
-
2
-
6
-
5
-
5
-
4
-
5
-
5
-
5
-
5
-
5
-
6
-
4
-
5
-
4
-
6
-
7
-
5