PetIQ, 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.
- Financial strength (Piotroski F-Value)
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- Return on assets (ROA) greater than 0
- check 1.5%
- Operating cash flow greater than 0
- check $17.24M
- ROA greater than previous year
- check 1.5% > -4.2%
- Cash flow return on assets (CFROA) greater than Return on assets (ROA)
- check 2.3% > 1.5%
- Leverage ratio lower than previous year
- check 50.1% < 51.1%
- Current ratio greater than previous year
- check 257.9% > 220.4%
- No new common stock issued last year
- close $2.01M
- Gross margin greater than previous year
- check 24.6% > 22.6%
- Asset turnover greater than previous year
- check 126.8% > 113.1%
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.
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