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Aurora Design PCL (BKK:AURA) Piotroski F-Score : 5 (As of Mar. 28, 2025)


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What is Aurora Design PCL 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

Aurora Design PCL 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 Aurora Design PCL's Piotroski F-Score or its related term are showing as below:

BKK:AURA' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 5
Current: 5

During the past 6 years, the highest Piotroski F-Score of Aurora Design PCL was 5. The lowest was 5. And the median was 5.


Aurora Design PCL Piotroski F-Score Historical Data

The historical data trend for Aurora Design PCL'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.

Aurora Design PCL Piotroski F-Score Chart

Aurora Design PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A 5.00 5.00

Aurora Design PCL Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 5.00 N/A N/A N/A 5.00

Competitive Comparison of Aurora Design PCL's Piotroski F-Score

For the Luxury Goods subindustry, Aurora Design PCL'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.


Aurora Design PCL's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aurora Design PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Aurora Design PCL'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 274.627 + 344.739 + 204.933 + 310.524 = ฿1,135 Mil.
Cash Flow from Operations was -424.27 + -989.755 + 100.501 + -11.516 = ฿-1,325 Mil.
Revenue was 8160.902 + 7524.797 + 7878.511 + 9589.645 = ฿33,154 Mil.
Gross Profit was 872.903 + 1000.16 + 826.561 + 969.138 = ฿3,669 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(13411.887 + 13626.977 + 14995.09 + 15282.94 + 16668.888) / 5 = ฿14797.1564 Mil.
Total Assets at the begining of this year (Dec23) was ฿13,412 Mil.
Long-Term Debt & Capital Lease Obligation was ฿1,480 Mil.
Total Current Assets was ฿15,175 Mil.
Total Current Liabilities was ฿8,726 Mil.
Net Income was 267.278 + 199.5 + 141.567 + 241.68 = ฿850 Mil.

Revenue was 7474.886 + 7616.292 + 6708.295 + 8078.322 = ฿29,878 Mil.
Gross Profit was 719.355 + 709.066 + 624.075 + 800.661 = ฿2,853 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(10813.802 + 11561.331 + 11981.844 + 12431.213 + 13411.887) / 5 = ฿12040.0154 Mil.
Total Assets at the begining of last year (Dec22) was ฿10,814 Mil.
Long-Term Debt & Capital Lease Obligation was ฿1,684 Mil.
Total Current Assets was ฿11,751 Mil.
Total Current Liabilities was ฿5,994 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.

Aurora Design PCL's current Net Income (TTM) was 1,135. ==> 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.

Aurora Design PCL's current Cash Flow from Operations (TTM) was -1,325. ==> 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 (Dec23)
=1134.823/13411.887
=0.08461322

ROA (Last Year)=Net Income/Total Assets (Dec22)
=850.025/10813.802
=0.07860556

Aurora Design PCL's return on assets of this year was 0.08461322. Aurora Design PCL's return on assets of last year was 0.07860556. ==> 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.

Aurora Design PCL's current Net Income (TTM) was 1,135. Aurora Design PCL's current Cash Flow from Operations (TTM) was -1,325. ==> -1,325 <= 1,135 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1479.882/14797.1564
=0.10001124

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=1684.056/12040.0154
=0.13987158

Aurora Design PCL's gearing of this year was 0.10001124. Aurora Design PCL's gearing of last year was 0.13987158. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=15175.088/8726.334
=1.73899922

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=11750.959/5993.921
=1.96047946

Aurora Design PCL's current ratio of this year was 1.73899922. Aurora Design PCL's current ratio of last year was 1.96047946. ==> 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.

Aurora Design PCL's number of shares in issue this year was 1334. Aurora Design PCL's number of shares in issue last year was 1334. ==> 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
=3668.762/33153.855
=0.11065869

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2853.157/29877.795
=0.09549423

Aurora Design PCL's gross margin of this year was 0.11065869. Aurora Design PCL's gross margin of last year was 0.09549423. ==> 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 (Dec23)
=33153.855/13411.887
=2.47197542

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=29877.795/10813.802
=2.76293158

Aurora Design PCL's asset turnover of this year was 2.47197542. Aurora Design PCL's asset turnover of last year was 2.76293158. ==> 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
=1+0+1+0+1+0+1+1+0
=5

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

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

Aurora Design PCL  (BKK:AURA) 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.


Aurora Design PCL Piotroski F-Score Related Terms

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Aurora Design PCL Business Description

Traded in Other Exchanges
N/A
Address
444 Soi Udomsuk 26, Bang Na Nuea, Bang Na, Bangkok, THA, 10260
Aurora Design PCL is thailand based company which engages in the trading of gold jewelry, diamonds, gems and k-gold. and rendering service of sale with rights of redemption for gold jewelry, diamonds, gems and k-gold.