* 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.
* 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.
*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.
Prism Technologies Group's current Net Income (TTM) was -6.10.
==> 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.
Prism Technologies Group's current Cash Flow from Operations (TTM) was -1.40.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Prism Technologies Group's return on assets of this year was -0.34620627. Prism Technologies Group's return on assets of last year was -0.33691326.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Prism Technologies Group's gearing of this year was 0. Prism Technologies Group'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
Prism Technologies Group's current ratio of this year was 0.06437548. Prism Technologies Group's current ratio of last year was 0.35873956.
==> 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.
Prism Technologies Group's number of shares in issue this year was 10.074. Prism Technologies Group's number of shares in issue last year was 10.074.
==> 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.
Prism Technologies Group's gross margin of this year was 0.17272727. Prism Technologies Group's gross margin of last year was .
==> 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
Prism Technologies Group's asset turnover of this year was 0.00624716. Prism Technologies Group's asset turnover of last year was 0.
==> 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
+
0
+
0
+
1
+
1
+
0
+
1
+
1
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Prism Technologies Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Prism Technologies Group (OTCPK:PRZM) 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.
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.
Prism Technologies Group Piotroski F-Score Related Terms
Thank you for viewing the detailed overview of Prism Technologies Group's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Prism Technologies Group (Prism Technologies Group) Business Description
Prism Technologies Group Inc together with its subsidiaries operates as an intellectual property licensing and technology research and development company. It owns a patent portfolio consisting of nine patent families in the computer and network security, semiconductors and medical technology space. Prism continues to develop and patent new technologies and is committed to ongoing research and development efforts in several fields. Its objective is to develop and invent new technologies in the computer and network security, wearable computing, transaction processing and healthcare to speed time to market opportunities for the customers. Geographically all the operation of the firm is functioned through the region of US.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PRZM has been successfully added to your 