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AllDay Marts (PHS:ALLDY) Piotroski F-Score : 6 (As of May. 19, 2024)


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What is AllDay Marts 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

AllDay Marts has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

PHS:ALLDY' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 6
Current: 6

During the past 6 years, the highest Piotroski F-Score of AllDay Marts was 6. The lowest was 6. And the median was 6.


AllDay Marts Piotroski F-Score Historical Data

The historical data trend for AllDay Marts'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.

AllDay Marts Piotroski F-Score Chart

AllDay Marts 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 6.00

AllDay Marts Quarterly Data
Dec18 Dec19 Jun20 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 6.00 N/A 7.00 N/A 6.00

Competitive Comparison of AllDay Marts's Piotroski F-Score

For the Department Stores subindustry, AllDay Marts'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.


AllDay Marts's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AllDay Marts's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where AllDay Marts'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 88.572 + 83.4 + 81.98 + 115.281 = ₱369 Mil.
Cash Flow from Operations was 107.497 + 179.098 + 147.991 + -245.68 = ₱189 Mil.
Revenue was 2441.226 + 2455.263 + 2537.959 + 2759.444 = ₱10,194 Mil.
Gross Profit was 508.468 + 493.205 + 502.213 + 550.949 = ₱2,055 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(9131.543 + 9183.479 + 9214.203 + 9285.168 + 9604.717) / 5 = ₱9283.822 Mil.
Total Assets at the begining of this year (Dec22) was ₱9,132 Mil.
Long-Term Debt & Capital Lease Obligation was ₱545 Mil.
Total Current Assets was ₱4,289 Mil.
Total Current Liabilities was ₱1,763 Mil.
Net Income was -75.577 + 87.206 + 88.379 + 201.755 = ₱302 Mil.

Revenue was 2292.625 + 2299.86 + 2475.234 + 2691.989 = ₱9,760 Mil.
Gross Profit was 466.705 + 469.327 + 507.423 + 559.352 = ₱2,003 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(8776.385 + 8702.361 + 8789.115 + 8932.669 + 9131.543) / 5 = ₱8866.4146 Mil.
Total Assets at the begining of last year (Dec21) was ₱8,776 Mil.
Long-Term Debt & Capital Lease Obligation was ₱394 Mil.
Total Current Assets was ₱3,775 Mil.
Total Current Liabilities was ₱1,849 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.

AllDay Marts's current Net Income (TTM) was 369. ==> 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.

AllDay Marts's current Cash Flow from Operations (TTM) was 189. ==> 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)
=369.233/9131.543
=0.0404349

ROA (Last Year)=Net Income/Total Assets (Dec21)
=301.763/8776.385
=0.03438352

AllDay Marts's return on assets of this year was 0.0404349. AllDay Marts's return on assets of last year was 0.03438352. ==> 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.

AllDay Marts's current Net Income (TTM) was 369. AllDay Marts's current Cash Flow from Operations (TTM) was 189. ==> 189 <= 369 ==> CFROA <= ROA ==> Score 0.

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
=545.206/9283.822
=0.05872646

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=393.582/8866.4146
=0.04439021

AllDay Marts's gearing of this year was 0.05872646. AllDay Marts's gearing of last year was 0.04439021. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=4288.62/1763.413
=2.43199976

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=3775.397/1849.243
=2.04159053

AllDay Marts's current ratio of this year was 2.43199976. AllDay Marts's current ratio of last year was 2.04159053. ==> 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.

AllDay Marts's number of shares in issue this year was 22857.145. AllDay Marts's number of shares in issue last year was 22857.145. ==> 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
=2054.835/10193.892
=0.20157512

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2002.807/9759.708
=0.20521177

AllDay Marts's gross margin of this year was 0.20157512. AllDay Marts's gross margin of last year was 0.20521177. ==> 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)
=10193.892/9131.543
=1.11633839

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=9759.708/8776.385
=1.11204192

AllDay Marts's asset turnover of this year was 1.11633839. AllDay Marts's asset turnover of last year was 1.11204192. ==> 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+0+0+1+1+0+1
=6

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

AllDay Marts has an F-score of 6 indicating the company's financial situation is typical for a stable company.

AllDay Marts  (PHS:ALLDY) 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.


AllDay Marts Piotroski F-Score Related Terms

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AllDay Marts (PHS:ALLDY) Business Description

Traded in Other Exchanges
Address
3rd Floor Starmall Alabang, South Super Highway, Muntinlupa, PHL
AllDay Marts Inc operates supermarket stores in Philippines. The Company has only one reportable segment which is the trading business. The company's supermarket stores offer grocery, home appliances, personal care, and pharmacy products. The revenue of the Company consists mainly of sales to external customers through its retail and e-commerce channels.

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