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SUPERVALU (SUPERVALU) Piotroski F-Score : 0 (As of Apr. 26, 2024)


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What is SUPERVALU 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

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


SUPERVALU Piotroski F-Score Historical Data

The historical data trend for SUPERVALU'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.

SUPERVALU Piotroski F-Score Chart

SUPERVALU Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 5.00 6.00 5.00

SUPERVALU Quarterly Data
Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18
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 6.00 5.00 5.00 5.00

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 (Aug18) TTM:Last Year (Aug17) TTM:
Net Income was 26 + 33 + -21 + -57 = $-19 Mil.
Cash Flow from Operations was -158 + 233 + -58 + 48 = $65 Mil.
Revenue was 3938 + 2415 + 4755 + 3512 = $14,620 Mil.
Gross Profit was 409 + 63 + 428 + 294 = $1,194 Mil.
Average Total Assets from the begining of this year (Aug17)
to the end of this year (Aug18) was
(4395 + 4467 + 4387 + 4102 + 4056) / 5 = $4281.4 Mil.
Total Assets at the begining of this year (Aug17) was $4,395 Mil.
Long-Term Debt & Capital Lease Obligation was $1,557 Mil.
Total Current Assets was $1,885 Mil.
Total Current Liabilities was $1,561 Mil.
Net Income was -26 + 599 + 11 + -25 = $559 Mil.

Revenue was 3003 + 1339 + 3517 + 3449 = $11,308 Mil.
Gross Profit was 407 + 43 + 431 + 340 = $1,221 Mil.
Average Total Assets from the begining of last year (Aug16)
to the end of last year (Aug17) was
(4361 + 4474 + 3580 + 3595 + 4395) / 5 = $4081 Mil.
Total Assets at the begining of last year (Aug16) was $4,361 Mil.
Long-Term Debt & Capital Lease Obligation was $1,775 Mil.
Total Current Assets was $2,004 Mil.
Total Current Liabilities was $1,657 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.

SUPERVALU's current Net Income (TTM) was -19. ==> 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.

SUPERVALU's current Cash Flow from Operations (TTM) was 65. ==> 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 (Aug17)
=-19/4395
=-0.00432309

ROA (Last Year)=Net Income/Total Assets (Aug16)
=559/4361
=0.12818161

SUPERVALU's return on assets of this year was -0.00432309. SUPERVALU's return on assets of last year was 0.12818161. ==> 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.

SUPERVALU's current Net Income (TTM) was -19. SUPERVALU's current Cash Flow from Operations (TTM) was 65. ==> 65 > -19 ==> 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: Aug18)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug17 to Aug18
=1557/4281.4
=0.36366609

Gearing (Last Year: Aug17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug16 to Aug17
=1775/4081
=0.43494242

SUPERVALU's gearing of this year was 0.36366609. SUPERVALU's gearing of last year was 0.43494242. ==> 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: Aug18)=Total Current Assets/Total Current Liabilities
=1885/1561
=1.20755926

Current Ratio (Last Year: Aug17)=Total Current Assets/Total Current Liabilities
=2004/1657
=1.2094146

SUPERVALU's current ratio of this year was 1.20755926. SUPERVALU's current ratio of last year was 1.2094146. ==> 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.

SUPERVALU's number of shares in issue this year was 0. SUPERVALU's number of shares in issue last year was 38. ==> 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
=1194/14620
=0.08166895

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1221/11308
=0.10797665

SUPERVALU's gross margin of this year was 0.08166895. SUPERVALU's gross margin of last year was 0.10797665. ==> 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 (Aug17)
=14620/4395
=3.32650739

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug16)
=11308/4361
=2.59298326

SUPERVALU's asset turnover of this year was 3.32650739. SUPERVALU's asset turnover of last year was 2.59298326. ==> 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+0+1+1+0+1+0+1
=5

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

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

SUPERVALU  (NYSE:SVU) 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.


SUPERVALU Piotroski F-Score Related Terms

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SUPERVALU (SUPERVALU) Business Description

Traded in Other Exchanges
N/A
Address
Supervalu is a U.S.-based company that consists of two segments: wholesale and retail. The wholesale segment provides wholesale distribution and logistics services to independent retail customers. The retail segment operates through region-based banners, including Cub Foods, Shoppers Food & Pharmacy, Shop 'n Save, Farm Fresh, and Hornbacher's, along with a few Rainbow and County Market stores. The company provides a broad range of goods, such as grocery, general merchandise, pharmacy, and home, health, and beauty care. The company focuses its business in the domestic market.
Executives
Mathew Pendo director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Frank A Savage director 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
De Luzuriaga Francesca Ruiz director C/O OFFICE DEPOT, INC., 6600 NORTH MILITARY TRAIL, BOCA RATON, FL X1 33496
Irwin Cohen director BARBARA BUISMAN 11840 VALLEY VIEW ROAD EDEN PRAIREI MN 55344
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Mary A Winston director 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
David William Johnson officer: VP Controller - CAO 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Donald R Chappel director 600 PEACHTREE STREET N.E.,, 55TH FLOOR, ATLANTA GA 30308
Eric G Johnson director BALDWIN RICHARDSON FOODS CO, 20201 S LAGRANGE RD, FRANKFORT IL 60423
Susan S Grafton officer: SVP Chief Accounting Officer 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55397
Bruce H Besanko officer: EVP Chief Oper Officer and CFO N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Karla C Robertson officer: EVP General Counsel 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Sam K Duncan director, officer: Advisor to the Board 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Jana Partners Llc 10 percent owner 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153

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