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HYUNDAI HOLDINGS Co.,Ltd. (XKRX:227840) Piotroski F-Score : 5 (As of May. 26, 2024)


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What is HYUNDAI HOLDINGS Co.,Ltd. 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

HYUNDAI HOLDINGS Co.,Ltd. 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 HYUNDAI HOLDINGS Co.,Ltd.'s Piotroski F-Score or its related term are showing as below:

XKRX:227840' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 9 years, the highest Piotroski F-Score of HYUNDAI HOLDINGS Co.,Ltd. was 8. The lowest was 2. And the median was 5.


HYUNDAI HOLDINGS Co.,Ltd. Piotroski F-Score Historical Data

The historical data trend for HYUNDAI HOLDINGS Co.,Ltd.'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.

HYUNDAI HOLDINGS Co.,Ltd. Piotroski F-Score Chart

HYUNDAI HOLDINGS Co.,Ltd. Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 6.00 5.00 6.00 5.00

HYUNDAI HOLDINGS Co.,Ltd. Quarterly Data
Jun19 Sep19 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 6.00 6.00 5.00 5.00 5.00

Competitive Comparison of HYUNDAI HOLDINGS Co.,Ltd.'s Piotroski F-Score

For the Food Distribution subindustry, HYUNDAI HOLDINGS Co.,Ltd.'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.


HYUNDAI HOLDINGS Co.,Ltd.'s Piotroski F-Score Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, HYUNDAI HOLDINGS Co.,Ltd.'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where HYUNDAI HOLDINGS Co.,Ltd.'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 (Mar23) TTM:
Net Income was 9413.78 + 5292.409 + 2713.784 + 11439.923 = ₩28,860 Mil.
Cash Flow from Operations was -1651.1 + 8827.595 + 4448.926 + 2972.302 = ₩14,598 Mil.
Revenue was 46075.962 + 46930.322 + 45393.915 + 51667.475 = ₩190,068 Mil.
Gross Profit was 11280.724 + 9794.712 + 11900.326 + 11101.674 = ₩44,077 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(311813.291 + 321180.99 + 318688.461 + 344014.187 + 358401.196) / 5 = ₩330819.625 Mil.
Total Assets at the begining of this year (Mar23) was ₩311,813 Mil.
Long-Term Debt & Capital Lease Obligation was ₩23,710 Mil.
Total Current Assets was ₩91,817 Mil.
Total Current Liabilities was ₩32,120 Mil.
Net Income was 8612.545 + 13369.07 + 3591.886 + 11749.207 = ₩37,323 Mil.

Revenue was 40902.6 + 46285.16 + 33000.715 + 49946.028 = ₩170,135 Mil.
Gross Profit was 9380.598 + 9314.814 + 8103.072 + 10250.608 = ₩37,049 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(253872.541 + 292638.037 + 304354.094 + 296127.566 + 311813.291) / 5 = ₩291761.1058 Mil.
Total Assets at the begining of last year (Mar22) was ₩253,873 Mil.
Long-Term Debt & Capital Lease Obligation was ₩30,540 Mil.
Total Current Assets was ₩87,792 Mil.
Total Current Liabilities was ₩21,158 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.

HYUNDAI HOLDINGS Co.,Ltd.'s current Net Income (TTM) was 28,860. ==> 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.

HYUNDAI HOLDINGS Co.,Ltd.'s current Cash Flow from Operations (TTM) was 14,598. ==> 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 (Mar23)
=28859.896/311813.291
=0.09255505

ROA (Last Year)=Net Income/Total Assets (Mar22)
=37322.708/253872.541
=0.14701357

HYUNDAI HOLDINGS Co.,Ltd.'s return on assets of this year was 0.09255505. HYUNDAI HOLDINGS Co.,Ltd.'s return on assets of last year was 0.14701357. ==> 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.

HYUNDAI HOLDINGS Co.,Ltd.'s current Net Income (TTM) was 28,860. HYUNDAI HOLDINGS Co.,Ltd.'s current Cash Flow from Operations (TTM) was 14,598. ==> 14,598 <= 28,860 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=23710.372/330819.625
=0.0716716

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=30540.003/291761.1058
=0.10467469

HYUNDAI HOLDINGS Co.,Ltd.'s gearing of this year was 0.0716716. HYUNDAI HOLDINGS Co.,Ltd.'s gearing of last year was 0.10467469. ==> 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
=91816.52/32119.616
=2.85858087

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=87791.516/21157.73
=4.14938257

HYUNDAI HOLDINGS Co.,Ltd.'s current ratio of this year was 2.85858087. HYUNDAI HOLDINGS Co.,Ltd.'s current ratio of last year was 4.14938257. ==> 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.

HYUNDAI HOLDINGS Co.,Ltd.'s number of shares in issue this year was 8.82. HYUNDAI HOLDINGS Co.,Ltd.'s number of shares in issue last year was 8.821. ==> 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
=44077.436/190067.674
=0.23190391

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=37049.092/170134.503
=0.21776354

HYUNDAI HOLDINGS Co.,Ltd.'s gross margin of this year was 0.23190391. HYUNDAI HOLDINGS Co.,Ltd.'s gross margin of last year was 0.21776354. ==> 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 (Mar23)
=190067.674/311813.291
=0.60955604

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=170134.503/253872.541
=0.67015717

HYUNDAI HOLDINGS Co.,Ltd.'s asset turnover of this year was 0.60955604. HYUNDAI HOLDINGS Co.,Ltd.'s asset turnover of last year was 0.67015717. ==> 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+0+1+0+1+1+0
=5

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

HYUNDAI HOLDINGS Co.,Ltd. has an F-score of 5 indicating the company's financial situation is typical for a stable company.

HYUNDAI HOLDINGS Co.,Ltd.  (XKRX:227840) 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.


HYUNDAI HOLDINGS Co.,Ltd. Piotroski F-Score Related Terms

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HYUNDAI HOLDINGS Co.,Ltd. (XKRX:227840) Business Description

Traded in Other Exchanges
N/A
Address
25, Yulgok-ro 2-gil, Jongno-gu, Seoul, KOR, 03143
HYUNDAI CORPORATION HOLDINGS Co.,Ltd. is a South Korea based company. It is engaged in wholesale of food, beverages and tobaccos. It also distributes livestock products and other food products related to meat, beef, pork, chicken, grains.

HYUNDAI HOLDINGS Co.,Ltd. (XKRX:227840) Headlines

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