GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 7Seas Entertainment Ltd (BOM:540874) » Definitions » Piotroski F-Score

7Seas Entertainment (BOM:540874) Piotroski F-Score : 4 (As of May. 19, 2024)


View and export this data going back to 2010. Start your Free Trial

What is 7Seas Entertainment Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

7Seas Entertainment has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for 7Seas Entertainment's Piotroski F-Score or its related term are showing as below:

BOM:540874' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of 7Seas Entertainment was 6. The lowest was 2. And the median was 4.


7Seas Entertainment Piotroski F-Score Historical Data

The historical data trend for 7Seas Entertainment's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

7Seas Entertainment Piotroski F-Score Chart

7Seas Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 5.00 4.00 4.00

7Seas Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.00 - - -

Competitive Comparison of 7Seas Entertainment's Piotroski F-Score

For the Electronic Gaming & Multimedia subindustry, 7Seas Entertainment's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


7Seas Entertainment's Piotroski F-Score Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 7Seas Entertainment's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where 7Seas Entertainment's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar23) TTM:Last Year (Mar22) TTM:
Net Income was ₹4.30 Mil.
Cash Flow from Operations was ₹0.69 Mil.
Revenue was ₹55.22 Mil.
Gross Profit was ₹55.22 Mil.
Average Total Assets from the begining of this year (Mar22)
to the end of this year (Mar23) was (33.187 + 32.43) / 2 = ₹32.8085 Mil.
Total Assets at the begining of this year (Mar22) was ₹33.19 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹17.90 Mil.
Total Current Liabilities was ₹40.32 Mil.
Net Income was ₹0.25 Mil.

Revenue was ₹5.17 Mil.
Gross Profit was ₹5.17 Mil.
Average Total Assets from the begining of last year (Mar21)
to the end of last year (Mar22) was (1.431 + 33.187) / 2 = ₹17.309 Mil.
Total Assets at the begining of last year (Mar21) was ₹1.43 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹31.85 Mil.
Total Current Liabilities was ₹46.40 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

7Seas Entertainment's current Net Income (TTM) was 4.30. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

7Seas Entertainment's current Cash Flow from Operations (TTM) was 0.69. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar22)
=4.303/33.187
=0.1296592

ROA (Last Year)=Net Income/Total Assets (Mar21)
=0.247/1.431
=0.17260657

7Seas Entertainment's return on assets of this year was 0.1296592. 7Seas Entertainment's return on assets of last year was 0.17260657. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

7Seas Entertainment's current Net Income (TTM) was 4.30. 7Seas Entertainment's current Cash Flow from Operations (TTM) was 0.69. ==> 0.69 <= 4.30 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=0/32.8085
=0

Gearing (Last Year: Mar22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar21 to Mar22
=0/17.309
=0

7Seas Entertainment's gearing of this year was 0. 7Seas Entertainment's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar23)=Total Current Assets/Total Current Liabilities
=17.902/40.317
=0.44403105

Current Ratio (Last Year: Mar22)=Total Current Assets/Total Current Liabilities
=31.851/46.398
=0.68647355

7Seas Entertainment's current ratio of this year was 0.44403105. 7Seas Entertainment's current ratio of last year was 0.68647355. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

7Seas Entertainment's number of shares in issue this year was 15.136. 7Seas Entertainment's number of shares in issue last year was 19. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=55.221/55.221
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.165/5.165
=1

7Seas Entertainment's gross margin of this year was 1. 7Seas Entertainment's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar22)
=55.221/33.187
=1.66393467

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar21)
=5.165/1.431
=3.60936408

7Seas Entertainment's asset turnover of this year was 1.66393467. 7Seas Entertainment's asset turnover of last year was 3.60936408. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+0+1+0+1+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

7Seas Entertainment has an F-score of 4 indicating the company's financial situation is typical for a stable company.

7Seas Entertainment  (BOM:540874) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


7Seas Entertainment Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of 7Seas Entertainment's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


7Seas Entertainment (BOM:540874) Business Description

Traded in Other Exchanges
N/A
Address
Kavuri Hills, 5th Floor, Plot No.92, 93 & 94, Madhapur, Hyderabad, TG, IND, 500081
7Seas Entertainment Ltd is a gaming and animation development company. The firm is engaged in the business of software game development and related services. The company provides online games, mobile games, console games, and PC games. The group's infrastructure consists of organized Arts and Design, 3D Graphics, and 2D Graphics like puzzles, action, arcades, shooting, kids, girls, cricket, multilingual games, etc. The organization is based in India. The company is focusing on Free to Play Casual Racing, Shooting, Action, Puzzle, and Simulation Games.

7Seas Entertainment (BOM:540874) Headlines

No Headlines