GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » Piotroski F-Score

Pluxee NV (XPAR:PLX) Piotroski F-Score : N/A (As of May. 12, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Pluxee NV 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

Pluxee NV has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

During the past 3 years, the highest Piotroski F-Score of Pluxee NV was 5. The lowest was 5. And the median was 5.


Pluxee NV Piotroski F-Score Historical Data

The historical data trend for Pluxee NV'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.

Pluxee NV Piotroski F-Score Chart

Pluxee NV Annual Data
Trend Aug21 Aug22 Aug23
Piotroski F-Score
N/A N/A 5.00

Pluxee NV Quarterly Data
Aug21 Aug22 Feb23 Aug23 Feb24
Piotroski F-Score N/A N/A - 5.00 -

Competitive Comparison of Pluxee NV's Piotroski F-Score

For the Specialty Business Services subindustry, Pluxee NV'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.


Pluxee NV's Piotroski F-Score Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pluxee NV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pluxee NV'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 (Aug23) TTM:Last Year (Aug22) TTM:
Net Income was €81 Mil.
Cash Flow from Operations was €559 Mil.
Revenue was €1,052 Mil.
Gross Profit was €1,052 Mil.
Average Total Assets from the begining of this year (Aug22)
to the end of this year (Aug23) was (5296 + 5673) / 2 = €5484.5 Mil.
Total Assets at the begining of this year (Aug22) was €5,296 Mil.
Long-Term Debt & Capital Lease Obligation was €49 Mil.
Total Current Assets was €4,697 Mil.
Total Current Liabilities was €5,508 Mil.
Net Income was €174 Mil.

Revenue was €842 Mil.
Gross Profit was €842 Mil.
Average Total Assets from the begining of last year (Aug21)
to the end of last year (Aug22) was (4676 + 5296) / 2 = €4986 Mil.
Total Assets at the begining of last year (Aug21) was €4,676 Mil.
Long-Term Debt & Capital Lease Obligation was €43 Mil.
Total Current Assets was €4,312 Mil.
Total Current Liabilities was €4,471 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.

Pluxee NV's current Net Income (TTM) was 81. ==> 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.

Pluxee NV's current Cash Flow from Operations (TTM) was 559. ==> 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 (Aug22)
=81/5296
=0.01529456

ROA (Last Year)=Net Income/Total Assets (Aug21)
=174/4676
=0.03721129

Pluxee NV's return on assets of this year was 0.01529456. Pluxee NV's return on assets of last year was 0.03721129. ==> 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.

Pluxee NV's current Net Income (TTM) was 81. Pluxee NV's current Cash Flow from Operations (TTM) was 559. ==> 559 > 81 ==> 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: Aug23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug22 to Aug23
=49/5484.5
=0.00893427

Gearing (Last Year: Aug22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug21 to Aug22
=43/4986
=0.00862415

Pluxee NV's gearing of this year was 0.00893427. Pluxee NV's gearing of last year was 0.00862415. ==> Last year is lower than this year ==> Score 0.

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: Aug23)=Total Current Assets/Total Current Liabilities
=4697/5508
=0.85275962

Current Ratio (Last Year: Aug22)=Total Current Assets/Total Current Liabilities
=4312/4471
=0.96443749

Pluxee NV's current ratio of this year was 0.85275962. Pluxee NV's current ratio of last year was 0.96443749. ==> 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.

Pluxee NV's number of shares in issue this year was 147.175. Pluxee NV's number of shares in issue last year was 147.175. ==> 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
=1052/1052
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=842/842
=1

Pluxee NV's gross margin of this year was 1. Pluxee NV'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 (Aug22)
=1052/5296
=0.19864048

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug21)
=842/4676
=0.18006843

Pluxee NV's asset turnover of this year was 0.19864048. Pluxee NV's asset turnover of last year was 0.18006843. ==> 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
=1+1+0+1+0+0+1+0+1
=5

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

Pluxee NV has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Pluxee NV  (XPAR:PLX) 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.


Pluxee NV Piotroski F-Score Related Terms

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


Pluxee NV (XPAR:PLX) Business Description

Comparable Companies
Traded in Other Exchanges
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Paris, FRA, 92130
Pluxee is a company providing employee benefits and engagement. It offers products and services focused on their real daily needs from meal orders to expense reports and well-being.

Pluxee NV (XPAR:PLX) Headlines