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Chamnis Eye PCL (BKK:CEYE) Piotroski F-Score : N/A (As of Jun. 17, 2024)


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What is Chamnis Eye 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

Chamnis Eye PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Chamnis Eye PCL's Piotroski F-Score or its related term are showing as below:

During the past 5 years, the highest Piotroski F-Score of Chamnis Eye PCL was 4. The lowest was 4. And the median was 4.


Chamnis Eye PCL Piotroski F-Score Historical Data

The historical data trend for Chamnis Eye 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.

Chamnis Eye PCL Piotroski F-Score Chart

Chamnis Eye PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A N/A N/A 4.00

Chamnis Eye PCL Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 4.00 N/A

Competitive Comparison of Chamnis Eye PCL's Piotroski F-Score

For the Leisure subindustry, Chamnis Eye 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.


Chamnis Eye PCL's Piotroski F-Score Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Chamnis Eye PCL'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was 16.574 + 12.206 + 13.839 + 9.217 = ฿51.8 Mil.
Cash Flow from Operations was 0.12 + 39.427 + 31.852 + 24.694 = ฿96.1 Mil.
Revenue was 117.055 + 105.568 + 126.433 + 106.212 = ฿455.3 Mil.
Gross Profit was 34.22 + 29.671 + 38.27 + 26.594 = ฿128.8 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(799.823 + 741.183 + 754.987 + 766.425 + 797.308) / 5 = ฿771.9452 Mil.
Total Assets at the begining of this year (Mar23) was ฿799.8 Mil.
Long-Term Debt & Capital Lease Obligation was ฿44.5 Mil.
Total Current Assets was ฿338.0 Mil.
Total Current Liabilities was ฿72.3 Mil.
Net Income was 0.788 + 8.233 + 21.203 + 22.307 = ฿52.5 Mil.

Revenue was 67.451 + 78.075 + 109.085 + 121.642 = ฿376.3 Mil.
Gross Profit was 15.157 + 19.486 + 37.536 + 38.642 = ฿110.8 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(0 + 670.847 + 621.379 + 635.469 + 799.823) / 5 = ฿681.8795 Mil.
Total Assets at the begining of last year (Mar22) was ฿0.0 Mil.
Long-Term Debt & Capital Lease Obligation was ฿32.1 Mil.
Total Current Assets was ฿366.3 Mil.
Total Current Liabilities was ฿97.8 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.

Chamnis Eye PCL's current Net Income (TTM) was 51.8. ==> 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.

Chamnis Eye PCL's current Cash Flow from Operations (TTM) was 96.1. ==> 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 (Mar23)
=51.836/799.823
=0.06480934

ROA (Last Year)=Net Income/Total Assets (Mar22)
=52.531/0
=

Chamnis Eye PCL's return on assets of this year was 0.06480934. Chamnis Eye PCL's return on assets of last year was . ==> 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.

Chamnis Eye PCL's current Net Income (TTM) was 51.8. Chamnis Eye PCL's current Cash Flow from Operations (TTM) was 96.1. ==> 96.1 > 51.8 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=44.476/771.9452
=0.05761549

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=32.074/681.8795
=0.04703764

Chamnis Eye PCL's gearing of this year was 0.05761549. Chamnis Eye PCL's gearing of last year was 0.04703764. ==> Last year is lower than this year ==> Score 0.

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: Mar24)=Total Current Assets/Total Current Liabilities
=338.004/72.344
=4.67217737

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=366.292/97.822
=3.74447466

Chamnis Eye PCL's current ratio of this year was 4.67217737. Chamnis Eye PCL's current ratio of last year was 3.74447466. ==> 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.

Chamnis Eye PCL's number of shares in issue this year was 289.96. Chamnis Eye PCL's number of shares in issue last year was 276.875. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=128.755/455.268
=0.28281144

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=110.821/376.253
=0.29453852

Chamnis Eye PCL's gross margin of this year was 0.28281144. Chamnis Eye PCL's gross margin of last year was 0.29453852. ==> 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 (Mar23)
=455.268/799.823
=0.56921094

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=376.253/0
=

Chamnis Eye PCL's asset turnover of this year was 0.56921094. Chamnis Eye PCL's asset turnover of last year was . ==> 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
=1+1+1+1+0+1+0+0+1
=6

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

Chamnis Eye PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Chamnis Eye PCL  (BKK:CEYE) 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.


Chamnis Eye PCL Piotroski F-Score Related Terms

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Chamnis Eye PCL (BKK:CEYE) Business Description

Traded in Other Exchanges
N/A
Address
311, Moo 1 Seri 6 Road, Suanluang, Bangkok, THA, 10250
Chamnis Eye PCL provides full digital photography services both Still images and Video production for TVC and digital media and production studio rental services. The Company and its subsidiaries are engaged in principal businesses of Chamni's eye Public Company Limited and Maiyuenton Co., Ltd. with Still image production and retouching, High quality moving image production, online media and equipment rental service, Studio rental service for still images and high quality moving image production.

Chamnis Eye PCL (BKK:CEYE) Headlines

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