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The Agency Group Australia (ASX:AU1) Piotroski F-Score : 4 (As of Apr. 05, 2025)


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What is The Agency Group Australia 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

The Agency Group Australia has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for The Agency Group Australia's Piotroski F-Score or its related term are showing as below:

ASX:AU1' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of The Agency Group Australia was 6. The lowest was 3. And the median was 4.


The Agency Group Australia Piotroski F-Score Historical Data

The historical data trend for The Agency Group Australia'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.

The Agency Group Australia Piotroski F-Score Chart

The Agency Group Australia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 3.00 4.00

The Agency Group Australia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 3.00 - 4.00 -

Competitive Comparison of The Agency Group Australia's Piotroski F-Score

For the Real Estate Services subindustry, The Agency Group Australia'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.


The Agency Group Australia's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Agency Group Australia's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The Agency Group Australia's Piotroski F-Score falls into.


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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 A$-4.89 Mil.
Cash Flow from Operations was A$2.09 Mil.
Revenue was A$2.96 Mil.
Gross Profit was A$-56.01 Mil.
Average Total Assets from the begining of this year (Jun23)
to the end of this year (Jun24) was (49.72 + 46.958) / 2 = A$48.339 Mil.
Total Assets at the begining of this year (Jun23) was A$49.72 Mil.
Long-Term Debt & Capital Lease Obligation was A$10.97 Mil.
Total Current Assets was A$19.91 Mil.
Total Current Liabilities was A$27.76 Mil.
Net Income was A$-4.32 Mil.

Revenue was A$4.02 Mil.
Gross Profit was A$-48.44 Mil.
Average Total Assets from the begining of last year (Jun22)
to the end of last year (Jun23) was (47.653 + 49.72) / 2 = A$48.6865 Mil.
Total Assets at the begining of last year (Jun22) was A$47.65 Mil.
Long-Term Debt & Capital Lease Obligation was A$14.84 Mil.
Total Current Assets was A$17.87 Mil.
Total Current Liabilities was A$21.66 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.

The Agency Group Australia's current Net Income (TTM) was -4.89. ==> 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.

The Agency Group Australia's current Cash Flow from Operations (TTM) was 2.09. ==> 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 (Jun23)
=-4.889/49.72
=-0.09833065

ROA (Last Year)=Net Income/Total Assets (Jun22)
=-4.321/47.653
=-0.09067635

The Agency Group Australia's return on assets of this year was -0.09833065. The Agency Group Australia's return on assets of last year was -0.09067635. ==> 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.

The Agency Group Australia's current Net Income (TTM) was -4.89. The Agency Group Australia's current Cash Flow from Operations (TTM) was 2.09. ==> 2.09 > -4.89 ==> 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
=10.972/48.339
=0.22698029

Gearing (Last Year: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Jun23
=14.838/48.6865
=0.30476621

The Agency Group Australia's gearing of this year was 0.22698029. The Agency Group Australia's gearing of last year was 0.30476621. ==> 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
=19.905/27.761
=0.71701308

Current Ratio (Last Year: Jun23)=Total Current Assets/Total Current Liabilities
=17.868/21.658
=0.82500693

The Agency Group Australia's current ratio of this year was 0.71701308. The Agency Group Australia's current ratio of last year was 0.82500693. ==> 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.

The Agency Group Australia's number of shares in issue this year was 428.576. The Agency Group Australia's number of shares in issue last year was 428.576. ==> 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
=-56.006/2.963
=-18.90178873

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-48.443/4.016
=-12.0625

The Agency Group Australia's gross margin of this year was -18.90178873. The Agency Group Australia's gross margin of last year was -12.0625. ==> 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)
=2.963/49.72
=0.05959372

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun22)
=4.016/47.653
=0.08427591

The Agency Group Australia's asset turnover of this year was 0.05959372. The Agency Group Australia's asset turnover of last year was 0.08427591. ==> Last year's asset turnover is higher ==> Score 0.

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+0
=4

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

The Agency Group Australia has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The Agency Group Australia  (ASX:AU1) 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.


The Agency Group Australia Piotroski F-Score Related Terms

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The Agency Group Australia Business Description

Traded in Other Exchanges
N/A
Address
68 Milligan Street, Perth, WA, AUS, 6000
The Agency Group Australia Ltd is engaged in real estate and related activities. The company's operating segment includes Real Estate Property Services; Mortgage Origination Services and Others. It generates maximum revenue from the Real Estate Property Services segment which represents the revenue received for the provision of real estate services including selling of property, settlement agent services, and property management.

The Agency Group Australia Headlines

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