GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Taboola.com Ltd (NAS:TBLA) » Definitions » Piotroski F-Score

Taboola.com (Taboola.com) Piotroski F-Score : 4 (As of May. 05, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Taboola.com 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

Taboola.com 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 Taboola.com's Piotroski F-Score or its related term are showing as below:

TBLA' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 4

During the past 6 years, the highest Piotroski F-Score of Taboola.com was 6. The lowest was 4. And the median was 5.


Taboola.com Piotroski F-Score Historical Data

The historical data trend for Taboola.com'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.

Taboola.com Piotroski F-Score Chart

Taboola.com Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A 6.00 4.00

Taboola.com Quarterly Data
Dec18 Dec19 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 6.00 N/A 3.00 3.00 4.00

Competitive Comparison of Taboola.com's Piotroski F-Score

For the Internet Content & Information subindustry, Taboola.com'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.


Taboola.com's Piotroski F-Score Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Taboola.com's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Taboola.com'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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was -31.313 + -31.314 + -23.136 + 3.723 = $-82 Mil.
Cash Flow from Operations was 17.524 + 11.598 + 32.459 + 22.792 = $84 Mil.
Revenue was 327.686 + 332.004 + 360.221 + 419.774 = $1,440 Mil.
Gross Profit was 89.592 + 97.057 + 100.659 + 138.25 = $426 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(1529.623 + 1767.907 + 1721.64 + 1731.724 + 1707.802) / 5 = $1691.7392 Mil.
Total Assets at the begining of this year (Dec22) was $1,530 Mil.
Long-Term Debt & Capital Lease Obligation was $192 Mil.
Total Current Assets was $559 Mil.
Total Current Liabilities was $424 Mil.
Net Income was 3.888 + -5.021 + -26.026 + 15.184 = $-12 Mil.

Revenue was 354.726 + 342.695 + 332.462 + 371.267 = $1,401 Mil.
Gross Profit was 112.03 + 116.361 + 102.688 + 133.174 = $464 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(1597.314 + 1538.403 + 1523.032 + 1513.873 + 1529.623) / 5 = $1540.449 Mil.
Total Assets at the begining of last year (Dec21) was $1,597 Mil.
Long-Term Debt & Capital Lease Obligation was $281 Mil.
Total Current Assets was $594 Mil.
Total Current Liabilities was $368 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.

Taboola.com's current Net Income (TTM) was -82. ==> Negative ==> Score 0.

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.

Taboola.com's current Cash Flow from Operations (TTM) was 84. ==> 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 (Dec22)
=-82.04/1529.623
=-0.05363413

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-11.975/1597.314
=-0.00749696

Taboola.com's return on assets of this year was -0.05363413. Taboola.com's return on assets of last year was -0.00749696. ==> 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.

Taboola.com's current Net Income (TTM) was -82. Taboola.com's current Cash Flow from Operations (TTM) was 84. ==> 84 > -82 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=191.614/1691.7392
=0.1132645

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=280.977/1540.449
=0.18239942

Taboola.com's gearing of this year was 0.1132645. Taboola.com's gearing of last year was 0.18239942. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=559.412/423.965
=1.31947684

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=593.908/368.222
=1.61290743

Taboola.com's current ratio of this year was 1.31947684. Taboola.com's current ratio of last year was 1.61290743. ==> 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.

Taboola.com's number of shares in issue this year was 348.611. Taboola.com's number of shares in issue last year was 261.542. ==> 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
=425.558/1439.685
=0.29559105

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=464.253/1401.15
=0.33133712

Taboola.com's gross margin of this year was 0.29559105. Taboola.com's gross margin of last year was 0.33133712. ==> 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 (Dec22)
=1439.685/1529.623
=0.94120251

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=1401.15/1597.314
=0.87719133

Taboola.com's asset turnover of this year was 0.94120251. Taboola.com's asset turnover of last year was 0.87719133. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

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

Taboola.com  (NAS:TBLA) 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.


Taboola.com Piotroski F-Score Related Terms

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


Taboola.com (Taboola.com) Business Description

Traded in Other Exchanges
Address
16 Madison Square West, 7th Floor, New York, NY, USA, 10010
Taboola.com Ltd is a technology company that powers recommendations across the Open Web with an artificial intelligence-based, algorithmic engine. It partners with websites, devices, and mobile apps, collectively referred to as digital properties, to recommend editorial content and advertisements on the Open Web. Geographically it serves Israel, the United Kingdom, Germany, France, Rest of the world whilst it generates the majority of its revenue from the United States.
Executives
Eldad Maniv officer: President and COO 16 MADISON SQ W 7TH FL, NEW YORK NY 10010
Lior Golan officer: Chief Technology Officer 16 MADISON SQ W 7TH FL, NEW YORK NY 10010
Stephen C Walker officer: Chief Financial Officer 16 MADISON SQ W 7TH FL, NEW YORK NY 10010
College Parent L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Yahoo, Inc. 10 percent owner 770 BROADWAY, 4TH FLOOR, NEW YORK NY 10003
Monica Mijaleski director 16 MADISON SQ W 7TH FL, NEW YORK NY 10010
Ap Ix College Holdings Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Aif Ix Management, Llc 10 percent owner 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
College Top Holdings, Inc. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent Holdings Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Ix College Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Management Ix, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Management Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management, L.p. 10 percent owner 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019

Taboola.com (Taboola.com) Headlines

From GuruFocus