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ZoomAway Technologies (STU:4ZO0) Piotroski F-Score : 4 (As of Oct. 31, 2024)


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What is ZoomAway Technologies 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

ZoomAway Technologies 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 ZoomAway Technologies's Piotroski F-Score or its related term are showing as below:

STU:4ZO0' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of ZoomAway Technologies was 6. The lowest was 1. And the median was 3.


ZoomAway Technologies Piotroski F-Score Historical Data

The historical data trend for ZoomAway Technologies'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.

ZoomAway Technologies Piotroski F-Score Chart

ZoomAway Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 2.00 3.00 4.00 3.00

ZoomAway Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.00 3.00 4.00 4.00

Competitive Comparison of ZoomAway Technologies's Piotroski F-Score

For the Travel Services subindustry, ZoomAway Technologies'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.


ZoomAway Technologies's Piotroski F-Score Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ZoomAway Technologies's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where ZoomAway Technologies'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 (Jun24) TTM:Last Year (Jun23) TTM:
Net Income was 0.048 + -0.118 + -0.398 + -0.224 = €-0.69 Mil.
Cash Flow from Operations was -0.429 + -0.069 + 0.263 + 0.016 = €-0.22 Mil.
Revenue was 0.229 + -0.115 + 0.002 + 0.115 = €0.23 Mil.
Gross Profit was 0.229 + -0.115 + 0.002 + 0.115 = €0.23 Mil.
Average Total Assets from the begining of this year (Jun23)
to the end of this year (Jun24) was
(0.08 + 0.033 + 0.042 + 0.316 + 0.334) / 5 = €0.161 Mil.
Total Assets at the begining of this year (Jun23) was €0.08 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €0.33 Mil.
Total Current Liabilities was €6.94 Mil.
Net Income was -0.47 + -0.165 + -0.302 + -0.234 = €-1.17 Mil.

Revenue was -0.019 + 0.068 + 0 + 0.092 = €0.14 Mil.
Gross Profit was -0.019 + 0.068 + 0 + 0.092 = €0.14 Mil.
Average Total Assets from the begining of last year (Jun22)
to the end of last year (Jun23) was
(0.201 + 0.209 + 0.069 + 0.119 + 0.08) / 5 = €0.1356 Mil.
Total Assets at the begining of last year (Jun22) was €0.20 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €0.08 Mil.
Total Current Liabilities was €6.22 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.

ZoomAway Technologies's current Net Income (TTM) was -0.69. ==> 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.

ZoomAway Technologies's current Cash Flow from Operations (TTM) was -0.22. ==> Negative ==> Score 0.

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 (Jun23)
=-0.692/0.08
=-8.65

ROA (Last Year)=Net Income/Total Assets (Jun22)
=-1.171/0.201
=-5.82587065

ZoomAway Technologies's return on assets of this year was -8.65. ZoomAway Technologies's return on assets of last year was -5.82587065. ==> 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.

ZoomAway Technologies's current Net Income (TTM) was -0.69. ZoomAway Technologies's current Cash Flow from Operations (TTM) was -0.22. ==> -0.22 > -0.69 ==> 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: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/0.161
=0

Gearing (Last Year: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Jun23
=0/0.1356
=0

ZoomAway Technologies's gearing of this year was 0. ZoomAway Technologies's gearing of last year was 0. ==> 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: Jun24)=Total Current Assets/Total Current Liabilities
=0.333/6.944
=0.04795507

Current Ratio (Last Year: Jun23)=Total Current Assets/Total Current Liabilities
=0.078/6.222
=0.01253616

ZoomAway Technologies's current ratio of this year was 0.04795507. ZoomAway Technologies's current ratio of last year was 0.01253616. ==> 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.

ZoomAway Technologies's number of shares in issue this year was 0. ZoomAway Technologies's number of shares in issue last year was 0. ==> 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
=0.231/0.231
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.141/0.141
=1

ZoomAway Technologies's gross margin of this year was 1. ZoomAway Technologies's gross margin of last year was 1. ==> Last year's gross 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 (Jun23)
=0.231/0.08
=2.8875

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun22)
=0.141/0.201
=0.70149254

ZoomAway Technologies's asset turnover of this year was 2.8875. ZoomAway Technologies's asset turnover of last year was 0.70149254. ==> 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+0+0+1+1+1+1+0+1
=5

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

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

ZoomAway Technologies  (STU:4ZO0) 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.


ZoomAway Technologies Piotroski F-Score Related Terms

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ZoomAway Technologies Business Description

Traded in Other Exchanges
N/A
Address
960 Matley Lane, No. 4, Reno, NV, USA, 89502
ZoomAway Technologies Inc is a technology company in the Hospitality and Travel Industries. The company is able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. The Company obtains revenue primarily from the sale of hotel rooms and amenities (golf, ski, and spa packages).

ZoomAway Technologies Headlines

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