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AEON Mall Co (AEON Mall Co) Piotroski F-Score : 6 (As of May. 25, 2024)


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What is AEON Mall Co 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

AEON Mall Co 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 AEON Mall Co's Piotroski F-Score or its related term are showing as below:

AMLLF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of AEON Mall Co was 7. The lowest was 4. And the median was 5.


AEON Mall Co Piotroski F-Score Historical Data

The historical data trend for AEON Mall Co'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.

AEON Mall Co Piotroski F-Score Chart

AEON Mall Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 6.00 5.00 6.00

AEON Mall Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.00 5.00 6.00 6.00 6.00

Competitive Comparison of AEON Mall Co's Piotroski F-Score

For the Real Estate - Diversified subindustry, AEON Mall Co'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.


AEON Mall Co's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AEON Mall Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where AEON Mall Co'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 (Feb24) TTM:Last Year (Feb23) TTM:
Net Income was 46.493 + 28.547 + 28.087 + 38.031 = $141 Mil.
Cash Flow from Operations was 244.153 + 150.835 + 178.569 + 295.94 = $869 Mil.
Revenue was 769.986 + 727.156 + 688.487 + 730.602 = $2,916 Mil.
Gross Profit was 160.062 + 131.157 + 120.01 + 148.956 = $560 Mil.
Average Total Assets from the begining of this year (Feb23)
to the end of this year (Feb24) was
(11722.175 + 11728.905 + 11238.745 + 10991.341 + 11063.416) / 5 = $11348.9164 Mil.
Total Assets at the begining of this year (Feb23) was $11,722 Mil.
Long-Term Debt & Capital Lease Obligation was $4,831 Mil.
Total Current Assets was $1,342 Mil.
Total Current Liabilities was $1,851 Mil.
Net Income was 48.32 + 6.623 + 23.209 + 19.287 = $97 Mil.

Revenue was 746.357 + 723.939 + 705.507 + 779.007 = $2,955 Mil.
Gross Profit was 156.68 + 129.055 + 120.243 + 155.126 = $561 Mil.
Average Total Assets from the begining of last year (Feb22)
to the end of last year (Feb23) was
(12693.468 + 12087.605 + 12012.256 + 11375.499 + 11722.175) / 5 = $11978.2006 Mil.
Total Assets at the begining of last year (Feb22) was $12,693 Mil.
Long-Term Debt & Capital Lease Obligation was $4,979 Mil.
Total Current Assets was $1,386 Mil.
Total Current Liabilities was $2,031 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.

AEON Mall Co's current Net Income (TTM) was 141. ==> 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.

AEON Mall Co's current Cash Flow from Operations (TTM) was 869. ==> 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 (Feb23)
=141.158/11722.175
=0.01204196

ROA (Last Year)=Net Income/Total Assets (Feb22)
=97.439/12693.468
=0.00767631

AEON Mall Co's return on assets of this year was 0.01204196. AEON Mall Co's return on assets of last year was 0.00767631. ==> 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.

AEON Mall Co's current Net Income (TTM) was 141. AEON Mall Co's current Cash Flow from Operations (TTM) was 869. ==> 869 > 141 ==> 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: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb23 to Feb24
=4831.2/11348.9164
=0.42569703

Gearing (Last Year: Feb23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb22 to Feb23
=4978.913/11978.2006
=0.41566452

AEON Mall Co's gearing of this year was 0.42569703. AEON Mall Co's gearing of last year was 0.41566452. ==> 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: Feb24)=Total Current Assets/Total Current Liabilities
=1341.964/1850.777
=0.72508141

Current Ratio (Last Year: Feb23)=Total Current Assets/Total Current Liabilities
=1386.427/2031.218
=0.68255943

AEON Mall Co's current ratio of this year was 0.72508141. AEON Mall Co's current ratio of last year was 0.68255943. ==> 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.

AEON Mall Co's number of shares in issue this year was 227.601. AEON Mall Co's number of shares in issue last year was 227.555. ==> 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
=560.185/2916.231
=0.19209212

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=561.104/2954.81
=0.18989512

AEON Mall Co's gross margin of this year was 0.19209212. AEON Mall Co's gross margin of last year was 0.18989512. ==> 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 (Feb23)
=2916.231/11722.175
=0.248779

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb22)
=2954.81/12693.468
=0.23278193

AEON Mall Co's asset turnover of this year was 0.248779. AEON Mall Co's asset turnover of last year was 0.23278193. ==> 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+1+1+0+1+0+1+1
=7

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

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

AEON Mall Co  (OTCPK:AMLLF) 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.


AEON Mall Co Piotroski F-Score Related Terms

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AEON Mall Co (AEON Mall Co) Business Description

Traded in Other Exchanges
Address
1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8539
AEON Mall Co Ltd is a mall and shopping center real estate company in Japan. The company's operations can be divided into three core businesses: development of large-scale shopping malls, tenant leasing, and operation/management of shopping malls. These businesses design, develop, construct, and operate large-scale shopping malls. The company also offers leasing services and develops and revitalizes shopping malls and local commercial facilities. The vast majority of the company's revenue is generated from its domestic mall business.

AEON Mall Co (AEON Mall Co) Headlines

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