GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » William Penn Bancorporation (NAS:WMPN) » Definitions » Piotroski F-Score

William Penn Bancorporation (William Penn Bancorporation) Piotroski F-Score : 5 (As of May. 01, 2024)


View and export this data going back to 2008. Start your Free Trial

What is William Penn Bancorporation 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

William Penn Bancorporation has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

WMPN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of William Penn Bancorporation was 6. The lowest was 3. And the median was 5.


William Penn Bancorporation Piotroski F-Score Historical Data

The historical data trend for William Penn Bancorporation'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.

William Penn Bancorporation Piotroski F-Score Chart

William Penn Bancorporation Annual Data
Trend Jun09 Jun10 Jun11 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 5.00 6.00 5.00

William Penn Bancorporation Quarterly Data
Jun18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.00 5.00 5.00 5.00 -

Competitive Comparison of William Penn Bancorporation's Piotroski F-Score

For the Banks - Regional subindustry, William Penn Bancorporation'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.


William Penn Bancorporation's Piotroski F-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, William Penn Bancorporation's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where William Penn Bancorporation'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 0.183 + 0.531 + 0.179 + 0.011 = $0.90 Mil.
Cash Flow from Operations was 0.377 + 1.774 + 0.402 + 0.314 = $2.87 Mil.
Revenue was 5.61 + 5.851 + 5.394 + 5.039 = $21.89 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(870.944 + 862.372 + 847.579 + 829.987 + 826.031) / 5 = $847.3826 Mil.
Total Assets at the begining of this year (Dec22) was $870.94 Mil.
Long-Term Debt & Capital Lease Obligation was $62.83 Mil.
Total Assets was $826.03 Mil.
Total Liabilities was $697.09 Mil.
Net Income was 0.824 + 1.078 + 1.027 + 1.061 = $3.99 Mil.

Revenue was 6.28 + 6.625 + 6.523 + 6.638 = $26.07 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(833.969 + 868.981 + 879.952 + 851.495 + 870.944) / 5 = $861.0682 Mil.
Total Assets at the begining of last year (Dec21) was $833.97 Mil.
Long-Term Debt & Capital Lease Obligation was $68.44 Mil.
Total Assets was $870.94 Mil.
Total Liabilities was $691.71 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.

William Penn Bancorporation's current Net Income (TTM) was 0.90. ==> 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.

William Penn Bancorporation's current Cash Flow from Operations (TTM) was 2.87. ==> 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)
=0.904/870.944
=0.00103795

ROA (Last Year)=Net Income/Total Assets (Dec21)
=3.99/833.969
=0.00478435

William Penn Bancorporation's return on assets of this year was 0.00103795. William Penn Bancorporation's return on assets of last year was 0.00478435. ==> 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.

William Penn Bancorporation's current Net Income (TTM) was 0.90. William Penn Bancorporation's current Cash Flow from Operations (TTM) was 2.87. ==> 2.87 > 0.90 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=62.834/847.3826
=0.07415068

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=68.439/861.0682
=0.07948151

William Penn Bancorporation's gearing of this year was 0.07415068. William Penn Bancorporation's gearing of last year was 0.07948151. ==> 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

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Dec23)=Total Assets/Total Liabilities
=826.031/697.085
=1.18497888

Current Ratio (Last Year: Dec22)=Total Assets/Total Liabilities
=870.944/691.714
=1.25910998

William Penn Bancorporation's current ratio of this year was 1.18497888. William Penn Bancorporation's current ratio of last year was 1.25910998. ==> 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.

William Penn Bancorporation's number of shares in issue this year was 8.91. William Penn Bancorporation's number of shares in issue last year was 13.03. ==> 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.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=0.904/21.894
=0.04128985

Net Margin (Last Year: TTM)=Net Income/Revenue
=3.99/26.066
=0.15307297

William Penn Bancorporation's net margin of this year was 0.04128985. William Penn Bancorporation's net margin of last year was 0.15307297. ==> Last year's net 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)
=21.894/870.944
=0.02513824

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=26.066/833.969
=0.03125536

William Penn Bancorporation's asset turnover of this year was 0.02513824. William Penn Bancorporation's asset turnover of last year was 0.03125536. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+0+0
=5

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

William Penn Bancorporation has an F-score of 5 indicating the company's financial situation is typical for a stable company.

William Penn Bancorporation  (NAS:WMPN) 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.


William Penn Bancorporation Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of William Penn Bancorporation's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


William Penn Bancorporation (William Penn Bancorporation) Business Description

Traded in Other Exchanges
N/A
Address
10 Canal Street, Suite 104, Bristol, PA, USA, 19007
William Penn Bancorporation operates as an independent community financial services provider. The bank offers traditional banking and related financial services to individual, business, and government customers. Through its branch and automated teller machine network, the bank offers a full array of commercial and retail financial services, including; the taking of time, savings, and demand deposits; the making of the commercial, consumer, and mortgage loans; and the providing of other financial services.
Executives
Christopher Matthew Molden director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Kenneth John Stephon director, officer: President & CEO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET , SUITE 104, BRISTOL PA 19007
Alan B Turner officer: EVP & CLO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jeannine Cimino officer: EVP & CRO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Charles Corcoran director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Carmody Donald Michael Jr. director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Glenn Davis director C/O WILLIAM PENN BANCORP, INC., 8150 ROUTE 13, LEVITTOWN PA 19057
Terry L Sager director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jonathan Thomas Logan officer: SVP & CFO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Amy Jean Hannigan officer: EVP & Dir. Corp. Development C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Vincent Peter Sarubbi director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jill Mcmenamin Ross officer: EVP & CRCO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Craig Burton director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Parry William B K Jr director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
William Charles Niemczura director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007