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Verra Mobility (Verra Mobility) Piotroski F-Score : 7 (As of May. 13, 2024)


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What is Verra Mobility 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

Verra Mobility 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 Verra Mobility's Piotroski F-Score or its related term are showing as below:

VRRM' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 8 years, the highest Piotroski F-Score of Verra Mobility was 8. The lowest was 3. And the median was 6.


Verra Mobility Piotroski F-Score Historical Data

The historical data trend for Verra Mobility'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.

Verra Mobility Piotroski F-Score Chart

Verra Mobility Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial 5.00 4.00 7.00 8.00 7.00

Verra Mobility 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 7.00 7.00 6.00 7.00 7.00

Competitive Comparison of Verra Mobility's Piotroski F-Score

For the Infrastructure Operations subindustry, Verra Mobility'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.


Verra Mobility's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Verra Mobility's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Verra Mobility'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 19.108 + 30.308 + 3.022 + 29.149 = $81.6 Mil.
Cash Flow from Operations was 62.71 + 62.444 + 35.73 + 34.332 = $195.2 Mil.
Revenue was 204.461 + 209.933 + 211.013 + 209.73 = $835.1 Mil.
Gross Profit was 194.161 + 197.919 + 199.477 + 200.139 = $791.7 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(1710.891 + 1906.16 + 1756.075 + 1789.983 + 1769.858) / 5 = $1786.5934 Mil.
Total Assets at the begining of this year (Mar23) was $1,710.9 Mil.
Long-Term Debt & Capital Lease Obligation was $1,065.4 Mil.
Total Current Assets was $438.6 Mil.
Total Current Liabilities was $159.4 Mil.
Net Income was 29.641 + 24.576 + 28.218 + 4.577 = $87.0 Mil.

Revenue was 187.487 + 197.656 + 186.07 + 191.903 = $763.1 Mil.
Gross Profit was 175.448 + 182.195 + 176.082 + 182.29 = $716.0 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(1824.485 + 1779.86 + 1718.333 + 1756.269 + 1710.891) / 5 = $1757.9676 Mil.
Total Assets at the begining of last year (Mar22) was $1,824.5 Mil.
Long-Term Debt & Capital Lease Obligation was $1,174.1 Mil.
Total Current Assets was $332.4 Mil.
Total Current Liabilities was $168.6 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.

Verra Mobility's current Net Income (TTM) was 81.6. ==> 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.

Verra Mobility's current Cash Flow from Operations (TTM) was 195.2. ==> 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)
=81.587/1710.891
=0.04768685

ROA (Last Year)=Net Income/Total Assets (Mar22)
=87.012/1824.485
=0.04769127

Verra Mobility's return on assets of this year was 0.04768685. Verra Mobility's return on assets of last year was 0.04769127. ==> 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.

Verra Mobility's current Net Income (TTM) was 81.6. Verra Mobility's current Cash Flow from Operations (TTM) was 195.2. ==> 195.2 > 81.6 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=1065.402/1786.5934
=0.59633154

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=1174.05/1757.9676
=0.66784507

Verra Mobility's gearing of this year was 0.59633154. Verra Mobility's gearing of last year was 0.66784507. ==> 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
=438.582/159.445
=2.75067892

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=332.433/168.637
=1.97129337

Verra Mobility's current ratio of this year was 2.75067892. Verra Mobility's current ratio of last year was 1.97129337. ==> 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.

Verra Mobility's number of shares in issue this year was 168.726. Verra Mobility's number of shares in issue last year was 153.129. ==> 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
=791.696/835.137
=0.94798338

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=716.015/763.116
=0.93827806

Verra Mobility's gross margin of this year was 0.94798338. Verra Mobility's gross margin of last year was 0.93827806. ==> 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)
=835.137/1710.891
=0.48812987

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=763.116/1824.485
=0.41826378

Verra Mobility's asset turnover of this year was 0.48812987. Verra Mobility's asset turnover of last year was 0.41826378. ==> 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+0+1+1+1+0+1+1
=7

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

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

Verra Mobility  (NAS:VRRM) 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.


Verra Mobility Piotroski F-Score Related Terms

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Verra Mobility (Verra Mobility) Business Description

Traded in Other Exchanges
Address
1150 North Alma School Road, Mesa, AZ, USA, 85201
Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.
Executives
Craig C Conti officer: EVP 1 S. WACKER DR., SUITE 1000, CHICAGO IL 60606
Steve Lalla officer: EVP Commercial Services C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Martin Roberts director, officer: President and CEO 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Keyser other: Chief Legal Officer 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin officer: EVP-Government Solutions 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Sarah E Farrell director 572 RUGER STREET, SUITE B, SAN FRANCISCO CA 94129
Platinum Equity Llc director, 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Blake Norman P Iii officer: Pres. T2 Systems 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Patricia Chiodo officer: Chief Financial Officer 5227 EAST GLORIA LANE, CAVE CREEK AZ 85331
Rebecca Collins officer: General Counsel 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Mark J. Talbot officer: EVP Government Solutions 1150 NORTH ALMA SCHOOL ROAD, MESA AZ 85201
Michael P Huerta director 1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Patrick J Byrne director 395 PAGE MILL ROAD, MS A3-18, PALO ALTO CA 94306
Garrett Fristoe Miller officer: Executive Vice President 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Vincent Brigidi officer: Exec. VP 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201