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CACI International (CACI International) Piotroski F-Score : 7 (As of Apr. 25, 2024)


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What is CACI International 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

CACI International 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 CACI International's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of CACI International was 8. The lowest was 3. And the median was 6.


CACI International Piotroski F-Score Historical Data

The historical data trend for CACI International'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.

CACI International Piotroski F-Score Chart

CACI International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 7.00 5.00 8.00

CACI International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.00 8.00 6.00 7.00

Competitive Comparison of CACI International's Piotroski F-Score

For the Information Technology Services subindustry, CACI International'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.


CACI International's Piotroski F-Score Distribution in the Software Industry

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

* The bar in red indicates where CACI International'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 100.742 + 107.767 + 86.047 + 83.87 = $378 Mil.
Cash Flow from Operations was 28.864 + 152.102 + 70.088 + 71.764 = $323 Mil.
Revenue was 1744.27 + 1703.101 + 1850.147 + 1833.934 = $7,131 Mil.
Gross Profit was 155.034 + 148.796 + 137.349 + 133.305 = $574 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(6554.549 + 6651.556 + 6600.808 + 6737.471 + 6658.442) / 5 = $6640.5652 Mil.
Total Assets at the begining of this year (Dec22) was $6,555 Mil.
Long-Term Debt & Capital Lease Obligation was $2,037 Mil.
Total Current Assets was $1,304 Mil.
Total Current Liabilities was $986 Mil.
Net Income was 95.417 + 92.969 + 89.125 + 87.101 = $365 Mil.

Revenue was 1583.98 + 1642.261 + 1605.759 + 1649.416 = $6,481 Mil.
Gross Profit was 125.356 + 119.837 + 132.803 + 130.867 = $509 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(6750.69 + 6576.749 + 6629.431 + 6524.882 + 6554.549) / 5 = $6607.2602 Mil.
Total Assets at the begining of last year (Dec21) was $6,751 Mil.
Long-Term Debt & Capital Lease Obligation was $1,832 Mil.
Total Current Assets was $1,175 Mil.
Total Current Liabilities was $982 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.

CACI International's current Net Income (TTM) was 378. ==> 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.

CACI International's current Cash Flow from Operations (TTM) was 323. ==> 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)
=378.426/6554.549
=0.05773486

ROA (Last Year)=Net Income/Total Assets (Dec21)
=364.612/6750.69
=0.05401107

CACI International's return on assets of this year was 0.05773486. CACI International's return on assets of last year was 0.05401107. ==> 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.

CACI International's current Net Income (TTM) was 378. CACI International's current Cash Flow from Operations (TTM) was 323. ==> 323 <= 378 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2037.332/6640.5652
=0.30680099

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=1831.598/6607.2602
=0.27720991

CACI International's gearing of this year was 0.30680099. CACI International's gearing of last year was 0.27720991. ==> Last year is lower than this year ==> Score 0.

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: Dec23)=Total Current Assets/Total Current Liabilities
=1303.804/986.126
=1.32214747

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=1175.178/981.648
=1.19714806

CACI International's current ratio of this year was 1.32214747. CACI International's current ratio of last year was 1.19714806. ==> 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.

CACI International's number of shares in issue this year was 22.407. CACI International's number of shares in issue last year was 23.676. ==> 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
=574.484/7131.452
=0.08055639

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=508.863/6481.416
=0.07851108

CACI International's gross margin of this year was 0.08055639. CACI International's gross margin of last year was 0.07851108. ==> 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 (Dec22)
=7131.452/6554.549
=1.08801567

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=6481.416/6750.69
=0.96011163

CACI International's asset turnover of this year was 1.08801567. CACI International's asset turnover of last year was 0.96011163. ==> 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+1+0+0+1+1+1+1
=7

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

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

CACI International  (NYSE:CACI) 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.


CACI International Piotroski F-Score Related Terms

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CACI International (CACI International) Business Description

Traded in Other Exchanges
Address
12021 Sunset Hills Road, Reston, VA, USA, 20190
CACI International Inc is an information solutions and services provider, offering a variety of information solutions and services to its customers. The company's primary customers are agencies and departments of the U.S. government, which account for the vast majority of the firm's revenue. It provides information solutions and services supporting national security missions and government modernization/transformation for intelligence, defense, and federal civilian customers. The firm conducts its operations through a variety of subsidiaries in the United States and Europe.
Executives
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Eric Blazer officer: SVP, Corp. Controller & CAO 12021 SUNSET HILLS ROAD, RESTON VA 20190
Gregory G Johnson director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Stanton D Sloane director COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
William L Jews director C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Gregory R Bradford officer: Chief Executive, CACI Limited 1100 N GLEBE ROAD, ARLINGTON VA 22201
William S Wallace director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
James L Pavitt director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Jeffrey D Maclauchlan officer: Chief Financial Officer 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Thomas A Mutryn officer: Acting CFO & Treasurer CACI INTERNATIONAL INC., 1100 NORTH GLEBE ROAD, ARLINGTON VA 22201
Deette Gray officer: President, US Operations 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Philip O Nolan director 15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Ryan D Mccarthy director 12021 SUNSET HILLS ROAD, RESTON VA 20190
Warren R Phillips director 1100 N GLEBE ROAD, ARLINGTON VA 22201