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Mood Media (LSE:MM.) Piotroski F-Score : 5 (As of May. 11, 2024)


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What is Mood Media 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

Mood Media 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 Mood Media's Piotroski F-Score or its related term are showing as below:

LSE:MM.' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 5

During the past 10 years, the highest Piotroski F-Score of Mood Media was 6. The lowest was 2. And the median was 4.


Mood Media Piotroski F-Score Historical Data

The historical data trend for Mood Media'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.

Mood Media Piotroski F-Score Chart

Mood Media Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 2.00 4.00 4.00 4.00

Mood Media Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 4.00 2.00 4.00 5.00

Competitive Comparison of Mood Media's Piotroski F-Score

For the Advertising Agencies subindustry, Mood Media'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.


Mood Media's Piotroski F-Score Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mood Media's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mood Media'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 (Mar17) TTM:Last Year (Mar16) TTM:
Net Income was -8.392 + -5.712 + -23.174 + -7.667 = £-44.9 Mil.
Cash Flow from Operations was 15.325 + 15.817 + 23.202 + 12.411 = £66.8 Mil.
Revenue was 84.248 + 86.689 + 96.404 + 89.297 = £356.6 Mil.
Gross Profit was 43.586 + 44.852 + 50.187 + 46.085 = £184.7 Mil.
Average Total Assets from the begining of this year (Mar16)
to the end of this year (Mar17) was
(454.311 + 435.394 + 468.294 + 475.532 + 473.998) / 5 = £461.5058 Mil.
Total Assets at the begining of this year (Mar16) was £454.3 Mil.
Long-Term Debt & Capital Lease Obligation was £495.0 Mil.
Total Current Assets was £118.8 Mil.
Total Current Liabilities was £105.1 Mil.
Net Income was -1.403 + -6.427 + -27.395 + -6.618 = £-41.8 Mil.

Revenue was 75.543 + 77.04 + 83.523 + 78.157 = £314.3 Mil.
Gross Profit was 39.259 + 40.018 + 41.838 + 41.679 = £162.8 Mil.
Average Total Assets from the begining of last year (Mar15)
to the end of last year (Mar16) was
(478.484 + 449.274 + 472.894 + 437.217 + 454.311) / 5 = £458.436 Mil.
Total Assets at the begining of last year (Mar15) was £478.5 Mil.
Long-Term Debt & Capital Lease Obligation was £429.6 Mil.
Total Current Assets was £112.7 Mil.
Total Current Liabilities was £96.7 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.

Mood Media's current Net Income (TTM) was -44.9. ==> 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.

Mood Media's current Cash Flow from Operations (TTM) was 66.8. ==> 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 (Mar16)
=-44.945/454.311
=-0.09893003

ROA (Last Year)=Net Income/Total Assets (Mar15)
=-41.843/478.484
=-0.08744911

Mood Media's return on assets of this year was -0.09893003. Mood Media's return on assets of last year was -0.08744911. ==> 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.

Mood Media's current Net Income (TTM) was -44.9. Mood Media's current Cash Flow from Operations (TTM) was 66.8. ==> 66.8 > -44.9 ==> 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: Mar17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar16 to Mar17
=495.039/461.5058
=1.07266041

Gearing (Last Year: Mar16)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar15 to Mar16
=429.612/458.436
=0.93712536

Mood Media's gearing of this year was 1.07266041. Mood Media's gearing of last year was 0.93712536. ==> 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: Mar17)=Total Current Assets/Total Current Liabilities
=118.812/105.074
=1.13074595

Current Ratio (Last Year: Mar16)=Total Current Assets/Total Current Liabilities
=112.658/96.706
=1.16495357

Mood Media's current ratio of this year was 1.13074595. Mood Media's current ratio of last year was 1.16495357. ==> 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.

Mood Media's number of shares in issue this year was 0. Mood Media's number of shares in issue last year was 0. ==> 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
=184.71/356.638
=0.51792013

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=162.794/314.263
=0.51801835

Mood Media's gross margin of this year was 0.51792013. Mood Media's gross margin of last year was 0.51801835. ==> 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 (Mar16)
=356.638/454.311
=0.78500851

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar15)
=314.263/478.484
=0.65678894

Mood Media's asset turnover of this year was 0.78500851. Mood Media's asset turnover of last year was 0.65678894. ==> 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+0+0+1+0+1
=4

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

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

Mood Media  (LSE:MM.) 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.


Mood Media Piotroski F-Score Related Terms

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Mood Media (LSE:MM.) Business Description

Traded in Other Exchanges
N/A
Address
Mood Media Corp was continued under the Canada Business Corporations Act on June 17, 2008 under the name Fluid Music Canada, Inc. On June 28, 2010, the Company changed its name to Mood Media Corporation. The Company provides in-store audio, visual, mobile, social and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels, car dealerships and restaurants. Proprietary technology and software are used to deploy music from a compiled music library to client sites. This library comes from a diverse network of producers including major labels and independent and emerging artists. The Company reports its continuing operations in three reportable segments, In-store media - International, In-store media - North America, and BIS based on the significant business activity of the Company and its subsidiaries.

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