Shanghai Friendess Electronic Technology Corporation Limited / 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)
    6 / 9
    Return on assets (ROA) greater than 0
    check 16.9%
    Operating cash flow greater than 0
    check $74.82M
    ROA greater than previous year
    check 16.9% > 15.8%
    Cash flow return on assets (CFROA) greater than Return on assets (ROA)
    close 10.3% ≤ 16.9%
    Leverage ratio lower than previous year
    check 0.0% < 0.1%
    Current ratio greater than previous year
    close 1,736.2% ≤ 2,351.4%
    No new common stock issued last year
    check $0.00
    Gross margin greater than previous year
    close 78.7% ≤ 80.0%
    Asset turnover greater than previous year
    check 32.1% > 29.6%

    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
    5
    5
    6
    5
    6
    4
    5
    6
    6
    6
    6
    5
    5
    7
    8
    8
    8
    8
    8
    6
    6
    6

    Notifications