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CrowdStrike Holdings (CrowdStrike Holdings) Piotroski F-Score

: 7 (As of Today)
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Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

CrowdStrike Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

CRWD' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 8 years, the highest Piotroski F-Score of CrowdStrike Holdings was 7. The lowest was 3. And the median was 5.


CrowdStrike Holdings Piotroski F-Score Historical Data

The historical data trend for CrowdStrike Holdings'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.

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Piotroski F-Score
Premium Member Only Premium Member Only Premium Member Only 6.00 5.00 3.00 5.00 7.00

CrowdStrike Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only 5.00 6.00 7.00 6.00 7.00

Competitive Comparison

For the Software - Infrastructure subindustry, CrowdStrike Holdings'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.


CrowdStrike Holdings Piotroski F-Score Distribution

For the Software industry and Technology sector, CrowdStrike Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CrowdStrike Holdings'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 (Jan24) TTM:Last Year (Jan23) TTM:
Net Income was 0.491 + 8.472 + 26.665 + 53.699 = $89 Mil.
Cash Flow from Operations was 300.892 + 244.781 + 273.518 + 347.016 = $1,166 Mil.
Revenue was 692.58 + 731.626 + 786.014 + 845.335 = $3,056 Mil.
Gross Profit was 523.35 + 548.709 + 591.01 + 636.763 = $2,300 Mil.
Average Total Assets from the begining of this year (Jan23)
to the end of this year (Jan24) was
(5026.54 + 5137.858 + 5520.458 + 5831.056 + 6646.52) / 5 = $5632.4864 Mil.
Total Assets at the begining of this year (Jan23) was $5,027 Mil.
Long-Term Debt & Capital Lease Obligation was $779 Mil.
Total Current Assets was $4,757 Mil.
Total Current Liabilities was $2,697 Mil.
Net Income was -31.523 + -49.285 + -54.956 + -47.481 = $-183 Mil.

Revenue was 487.834 + 535.153 + 580.882 + 637.367 = $2,241 Mil.
Gross Profit was 361.002 + 394.586 + 422.654 + 461.763 = $1,640 Mil.
Average Total Assets from the begining of last year (Jan22)
to the end of last year (Jan23) was
(3618.381 + 3835.835 + 4154.236 + 4469.443 + 5026.54) / 5 = $4220.887 Mil.
Total Assets at the begining of last year (Jan22) was $3,618 Mil.
Long-Term Debt & Capital Lease Obligation was $771 Mil.
Total Current Assets was $3,640 Mil.
Total Current Liabilities was $2,109 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.

CrowdStrike Holdings's current Net Income (TTM) was 89. ==> 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.

CrowdStrike Holdings's current Cash Flow from Operations (TTM) was 1,166. ==> 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 (Jan23)
=89.327/5026.54
=0.01777107

ROA (Last Year)=Net Income/Total Assets (Jan22)
=-183.245/3618.381
=-0.05064282

CrowdStrike Holdings's return on assets of this year was 0.01777107. CrowdStrike Holdings's return on assets of last year was -0.05064282. ==> This year is higher. ==> Score 1.

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.

CrowdStrike Holdings's current Net Income (TTM) was 89. CrowdStrike Holdings's current Cash Flow from Operations (TTM) was 1,166. ==> 1,166 > 89 ==> CFROA > ROA ==> Score 1.

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: Jan24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan23 to Jan24
=778.724/5632.4864
=0.13825582

Gearing (Last Year: Jan23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan22 to Jan23
=770.572/4220.887
=0.18256163

CrowdStrike Holdings's gearing of this year was 0.13825582. CrowdStrike Holdings's gearing of last year was 0.18256163. ==> 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: Jan24)=Total Current Assets/Total Current Liabilities
=4757.307/2697.279
=1.76374302

Current Ratio (Last Year: Jan23)=Total Current Assets/Total Current Liabilities
=3640.267/2109.072
=1.72600414

CrowdStrike Holdings's current ratio of this year was 1.76374302. CrowdStrike Holdings's current ratio of last year was 1.72600414. ==> This year's current ratio is higher. ==> Score 1.

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.

CrowdStrike Holdings's number of shares in issue this year was 247.952. CrowdStrike Holdings's number of shares in issue last year was 235.05. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=2299.832/3055.555
=0.75267243

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1640.005/2241.236
=0.73174132

CrowdStrike Holdings's gross margin of this year was 0.75267243. CrowdStrike Holdings's gross margin of last year was 0.73174132. ==> This year's gross margin is higher. ==> Score 1.

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 (Jan23)
=3055.555/5026.54
=0.60788435

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan22)
=2241.236/3618.381
=0.61940299

CrowdStrike Holdings's asset turnover of this year was 0.60788435. CrowdStrike Holdings's asset turnover of last year was 0.61940299. ==> 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+1+1+1+1+0+1+0
=7

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

CrowdStrike Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

CrowdStrike Holdings  (NAS:CRWD) 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.


CrowdStrike Holdings Piotroski F-Score Related Terms

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CrowdStrike Holdings (CrowdStrike Holdings) Business Description

Traded in Other Exchanges
Address
206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
Executives
Michael Sentonas officer: PRESIDENT C/O CROWDSTRIKE, INC., 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
George Kurtz director, 10 percent owner, officer: PRESIDENT AND CEO CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Sameer K Gandhi director, 10 percent owner
Anurag Saha officer: CHIEF ACCOUNTING OFFICER 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
Shawn Henry officer: Please see remarks CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Burt W. Podbere officer: CHIEF FINANCIAL OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Denis Oleary director 40 MORRIS LANE, SCARSDALE NY 10583
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Roxanne S Austin director 200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Johanna Flower director C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
Michael J. Carpenter officer: PRES., GLBAL SALES & FLD OPS CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Black Colin officer: CHIEF OPERATING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVAL CA 94086
Abhishek Maheshwari officer: CHIEF ACCOUNTING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Cary Davis director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017