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City Sports And Recreation PCL (BKK:CSR-R) Piotroski F-Score : 7 (As of May. 27, 2024)


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What is City Sports And Recreation PCL Piotroski F-Score?

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

City Sports And Recreation PCL 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 City Sports And Recreation PCL's Piotroski F-Score or its related term are showing as below:

BKK:CSR-R' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of City Sports And Recreation PCL was 8. The lowest was 3. And the median was 6.


City Sports And Recreation PCL Piotroski F-Score Historical Data

The historical data trend for City Sports And Recreation PCL'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.

City Sports And Recreation PCL Piotroski F-Score Chart

City Sports And Recreation PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 5.00 7.00 8.00

City Sports And Recreation PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 8.00 7.00 8.00 8.00 7.00

Competitive Comparison of City Sports And Recreation PCL's Piotroski F-Score

For the Leisure subindustry, City Sports And Recreation PCL'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.


City Sports And Recreation PCL's Piotroski F-Score Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, City Sports And Recreation PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where City Sports And Recreation PCL'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 (Mar24) TTM:Last Year (Dec22) TTM:
Net Income was 17.606 + 11.028 + 12.65 + 21.168 = ฿62.5 Mil.
Cash Flow from Operations was 33.065 + 2.926 + 17.604 + 36.369 = ฿90.0 Mil.
Revenue was 47.178 + 40.005 + 39.909 + 53.819 = ฿180.9 Mil.
Gross Profit was 30.434 + 23.127 + 23.558 + 36.633 = ฿113.8 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Mar24) was
(1379.429 + 1410.458 + 1389.985 + 1406.495 + 1375.097) / 5 = ฿1392.2928 Mil.
Total Assets at the begining of this year (Dec22) was ฿1,379.4 Mil.
Long-Term Debt & Capital Lease Obligation was ฿0.0 Mil.
Total Current Assets was ฿181.0 Mil.
Total Current Liabilities was ฿36.7 Mil.
Net Income was 8.343 + 8.63 + 9.747 + 10.384 = ฿37.1 Mil.

Revenue was 31.587 + 35.321 + 35.181 + 41.454 = ฿143.5 Mil.
Gross Profit was 17.467 + 20.627 + 19.19 + 23.323 = ฿80.6 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(1353.837 + 1371.931 + 1359.778 + 1376.418 + 1379.429) / 5 = ฿1368.2786 Mil.
Total Assets at the begining of last year (Dec21) was ฿1,353.8 Mil.
Long-Term Debt & Capital Lease Obligation was ฿0.0 Mil.
Total Current Assets was ฿102.5 Mil.
Total Current Liabilities was ฿18.5 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.

City Sports And Recreation PCL's current Net Income (TTM) was 62.5. ==> 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.

City Sports And Recreation PCL's current Cash Flow from Operations (TTM) was 90.0. ==> 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)
=62.452/1379.429
=0.04527381

ROA (Last Year)=Net Income/Total Assets (Dec21)
=37.104/1353.837
=0.02740655

City Sports And Recreation PCL's return on assets of this year was 0.04527381. City Sports And Recreation PCL's return on assets of last year was 0.02740655. ==> 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.

City Sports And Recreation PCL's current Net Income (TTM) was 62.5. City Sports And Recreation PCL's current Cash Flow from Operations (TTM) was 90.0. ==> 90.0 > 62.5 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Mar24
=0/1392.2928
=0

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=0/1368.2786
=0

City Sports And Recreation PCL's gearing of this year was 0. City Sports And Recreation PCL's gearing of last year was 0. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=181.029/36.662
=4.93778299

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=102.485/18.493
=5.54182664

City Sports And Recreation PCL's current ratio of this year was 4.93778299. City Sports And Recreation PCL's current ratio of last year was 5.54182664. ==> 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.

City Sports And Recreation PCL's number of shares in issue this year was 20.552. City Sports And Recreation PCL's number of shares in issue last year was 20.5. ==> 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
=113.752/180.911
=0.62877326

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=80.607/143.543
=0.56155298

City Sports And Recreation PCL's gross margin of this year was 0.62877326. City Sports And Recreation PCL's gross margin of last year was 0.56155298. ==> 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 (Dec22)
=180.911/1379.429
=0.13114919

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=143.543/1353.837
=0.1060268

City Sports And Recreation PCL's asset turnover of this year was 0.13114919. City Sports And Recreation PCL's asset turnover of last year was 0.1060268. ==> 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+1+0+0+1+1
=7

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

City Sports And Recreation PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

City Sports And Recreation PCL  (BKK:CSR-R) 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.


City Sports And Recreation PCL Piotroski F-Score Related Terms

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City Sports And Recreation PCL (BKK:CSR-R) Business Description

Traded in Other Exchanges
Address
22 Navatanee Road, Ramindra, Kannayao Subdistrict, Bangkok, THA, 10230
City Sports And Recreation PCL is a Thailand-based company engaged in the businesses of golf course, restaurants, and sports clubs. The company operates in four business segments. The Golf course segment has revenue from membership fees, sale of goods and services relating to the golf course. The Restaurant segment has revenue from sales of foods and beverages. The Sports club segment has revenue from membership fees and services relating to sports clubs. It also operates the Pro Shop segment. A vast majority of the revenues are earned from the golf course segment.

City Sports And Recreation PCL (BKK:CSR-R) Headlines

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