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Yext (LTS:0M2Q) Piotroski F-Score : 7 (As of Nov. 29, 2024)


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What is Yext Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Yext has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

LTS:0M2Q' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 10 years, the highest Piotroski F-Score of Yext was 7. The lowest was 2. And the median was 5.


Yext Piotroski F-Score Historical Data

The historical data trend for Yext'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.

Yext Piotroski F-Score Chart

Yext Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 5.00 5.00 5.00 7.00

Yext Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 7.00 7.00 7.00

Competitive Comparison of Yext's Piotroski F-Score

For the Software - Infrastructure subindustry, Yext'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.


Yext's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Yext's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Yext'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 (Jul24) TTM:Last Year (Jul23) TTM:
Net Income was -0.468 + 1.687 + -3.817 + -4.057 = $-6.7 Mil.
Cash Flow from Operations was -1.573 + 28.02 + 38.309 + -10.649 = $54.1 Mil.
Revenue was 101.164 + 101.107 + 95.99 + 97.887 = $396.1 Mil.
Gross Profit was 79.098 + 79.448 + 74.444 + 75.594 = $308.6 Mil.
Average Total Assets from the begining of this year (Jul23)
to the end of this year (Jul24) was
(459.352 + 431.64 + 508.81 + 481.73 + 458.204) / 5 = $467.9472 Mil.
Total Assets at the begining of this year (Jul23) was $459.4 Mil.
Long-Term Debt & Capital Lease Obligation was $83.2 Mil.
Total Current Assets was $322.1 Mil.
Total Current Liabilities was $207.5 Mil.
Net Income was -12.31 + -7.798 + -0.412 + -3.437 = $-24.0 Mil.

Revenue was 99.28 + 101.899 + 99.453 + 102.598 = $403.2 Mil.
Gross Profit was 73.617 + 75.412 + 78.103 + 80.205 = $307.3 Mil.
Average Total Assets from the begining of last year (Jul22)
to the end of last year (Jul23) was
(480.324 + 456.106 + 523.761 + 488.792 + 459.352) / 5 = $481.667 Mil.
Total Assets at the begining of last year (Jul22) was $480.3 Mil.
Long-Term Debt & Capital Lease Obligation was $94.5 Mil.
Total Current Assets was $300.6 Mil.
Total Current Liabilities was $222.0 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.

Yext's current Net Income (TTM) was -6.7. ==> 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.

Yext's current Cash Flow from Operations (TTM) was 54.1. ==> 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 (Jul23)
=-6.655/459.352
=-0.0144878

ROA (Last Year)=Net Income/Total Assets (Jul22)
=-23.957/480.324
=-0.04987675

Yext's return on assets of this year was -0.0144878. Yext's return on assets of last year was -0.04987675. ==> 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.

Yext's current Net Income (TTM) was -6.7. Yext's current Cash Flow from Operations (TTM) was 54.1. ==> 54.1 > -6.7 ==> 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: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=83.201/467.9472
=0.17779997

Gearing (Last Year: Jul23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul22 to Jul23
=94.476/481.667
=0.19614381

Yext's gearing of this year was 0.17779997. Yext's gearing of last year was 0.19614381. ==> 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: Jul24)=Total Current Assets/Total Current Liabilities
=322.053/207.508
=1.55200281

Current Ratio (Last Year: Jul23)=Total Current Assets/Total Current Liabilities
=300.561/222
=1.35387838

Yext's current ratio of this year was 1.55200281. Yext's current ratio of last year was 1.35387838. ==> 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.

Yext's number of shares in issue this year was 126.535. Yext's number of shares in issue last year was 124.359. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=308.584/396.148
=0.7789614

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=307.337/403.23
=0.76218783

Yext's gross margin of this year was 0.7789614. Yext's gross margin of last year was 0.76218783. ==> 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 (Jul23)
=396.148/459.352
=0.86240617

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul22)
=403.23/480.324
=0.83949584

Yext's asset turnover of this year was 0.86240617. Yext's asset turnover of last year was 0.83949584. ==> 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+1+1+1+1+0+1+1
=7

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

Yext has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Yext  (LTS:0M2Q) 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.


Yext Piotroski F-Score Related Terms

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Yext Business Description

Traded in Other Exchanges
Address
61 Ninth Avenue, New York, NY, USA, 10011
Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives the majority of its revenues from subscription services. Geographically, the company generates a majority of its revenue from North America and the rest from International markets.

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