Shenzhen Honor Electronic 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.

    Financial strength (Piotroski F-Value)
    5 / 9
    Return on assets (ROA) greater than 0
    check 5.6%
    Operating cash flow greater than 0
    check $73.10M
    ROA greater than previous year
    close 5.6%6.6%
    Cash flow return on assets (CFROA) greater than Return on assets (ROA)
    check 10.8% > 5.6%
    Leverage ratio lower than previous year
    close 10.3%6.5%
    Current ratio greater than previous year
    check 150.3% > 128.9%
    No new common stock issued last year
    close $7.11K
    Gross margin greater than previous year
    check 21.0% > 19.9%
    Asset turnover greater than previous year
    close 76.2%76.3%

    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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    4
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    3
    4
    7
    7
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    9
    6
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    5

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