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First Person (First Person) Piotroski F-Score


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What is First Person Piotroski F-Score?

First Person does not have enough data to calculate Piotroski F-Score.


First Person Piotroski F-Score Historical Data

The historical data trend for First Person'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.

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First Person Piotroski F-Score Chart

First Person Annual Data
Trend Dec21 Dec22
Piotroski F-Score
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First Person Quarterly Data
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First Person  (NAS:FP) 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.


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First Person (First Person) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
444 - 5th Avenue SW, Suite 1840, Calgary, AB, CAN, T2P 2T8
First Person Ltd is a Canadian holding company. The company is a large-scale grower and producer of proprietary premium full spectrum, 100% grain-free and filler-free, organic functional mushrooms. ingredients.

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