ABVE (Above Food Ingredients) Piotroski F-Score

View and export this data going back to 2024. Start your Free Trial

What is Above Food Ingredients Piotroski F-Score?

Above Food Ingredients does not have enough data to calculate Piotroski F-Score.

Above Food Ingredients Piotroski F-Score Historical Data

The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Piotroski F-Score Chart

Above Food Ingredients Annual Data

Trend

Jan22

Jan23

Jan24

Piotroski F-Score

Above Food Ingredients Quarterly Data
	Jan22	Oct22	Jan23	Oct23	Jan24
Piotroski F-Score	-	-	-	-	-

Above Food Ingredients (NAS:ABVE) 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.

Above Food Ingredients Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Above Food Ingredients's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.

Above Food Ingredients Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Above Food Ingredients Inc (NAS:ABVE) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7

Website

https://www.abovefood.com

Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.