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Namyong Terminal PCL (BKK:NYT) Piotroski F-Score : 8 (As of Jun. 22, 2024)


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What is Namyong Terminal PCL Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Namyong Terminal PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

BKK:NYT' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 12 years, the highest Piotroski F-Score of Namyong Terminal PCL was 8. The lowest was 3. And the median was 6.


Namyong Terminal PCL Piotroski F-Score Historical Data

The historical data trend for Namyong Terminal 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.

Namyong Terminal PCL Piotroski F-Score Chart

Namyong Terminal PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 3.00 5.00 8.00

Namyong Terminal PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 8.00 8.00 8.00 8.00

Competitive Comparison of Namyong Terminal PCL's Piotroski F-Score

For the Marine Shipping subindustry, Namyong Terminal 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.


Namyong Terminal PCL's Piotroski F-Score Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Namyong Terminal PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Namyong Terminal 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 111.92 + 123.329 + 160.567 + 158.666 = ฿554 Mil.
Cash Flow from Operations was 118.085 + 269.199 + 333.486 + 297.653 = ฿1,018 Mil.
Revenue was 421.986 + 425.808 + 460.532 + 410.446 = ฿1,719 Mil.
Gross Profit was 175.874 + 182.34 + 209.68 + 178.123 = ฿746 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(6782.928 + 6417.465 + 6636.555 + 6953.029 + 7085.399) / 5 = ฿6775.0752 Mil.
Total Assets at the begining of this year (Mar23) was ฿6,783 Mil.
Long-Term Debt & Capital Lease Obligation was ฿1,966 Mil.
Total Current Assets was ฿1,961 Mil.
Total Current Liabilities was ฿1,234 Mil.
Net Income was 41.936 + 63.886 + 91.754 + 105.102 = ฿303 Mil.

Revenue was 316.234 + 369.514 + 410.385 + 418.816 = ฿1,515 Mil.
Gross Profit was 110.822 + 142.589 + 162.31 + 170.843 = ฿587 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(6699.151 + 6385.221 + 6565.364 + 6784.683 + 6782.928) / 5 = ฿6643.4694 Mil.
Total Assets at the begining of last year (Mar22) was ฿6,699 Mil.
Long-Term Debt & Capital Lease Obligation was ฿2,158 Mil.
Total Current Assets was ฿1,809 Mil.
Total Current Liabilities was ฿917 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.

Namyong Terminal PCL's current Net Income (TTM) was 554. ==> 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.

Namyong Terminal PCL's current Cash Flow from Operations (TTM) was 1,018. ==> 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)
=554.482/6782.928
=0.0817467

ROA (Last Year)=Net Income/Total Assets (Mar22)
=302.678/6699.151
=0.04518155

Namyong Terminal PCL's return on assets of this year was 0.0817467. Namyong Terminal PCL's return on assets of last year was 0.04518155. ==> 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.

Namyong Terminal PCL's current Net Income (TTM) was 554. Namyong Terminal PCL's current Cash Flow from Operations (TTM) was 1,018. ==> 1,018 > 554 ==> 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
=1965.504/6775.0752
=0.29010807

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=2158.17/6643.4694
=0.32485587

Namyong Terminal PCL's gearing of this year was 0.29010807. Namyong Terminal PCL's gearing of last year was 0.32485587. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=1961.149/1234.023
=1.58923213

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1809.24/917.457
=1.97201613

Namyong Terminal PCL's current ratio of this year was 1.58923213. Namyong Terminal PCL's current ratio of last year was 1.97201613. ==> 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.

Namyong Terminal PCL's number of shares in issue this year was 1220.508. Namyong Terminal PCL's number of shares in issue last year was 1313.775. ==> 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
=746.017/1718.772
=0.4340407

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=586.564/1514.949
=0.38718399

Namyong Terminal PCL's gross margin of this year was 0.4340407. Namyong Terminal PCL's gross margin of last year was 0.38718399. ==> 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 (Mar23)
=1718.772/6782.928
=0.25339676

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=1514.949/6699.151
=0.22614045

Namyong Terminal PCL's asset turnover of this year was 0.25339676. Namyong Terminal PCL's asset turnover of last year was 0.22614045. ==> 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+1+0+1+1+1
=8

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

Namyong Terminal PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Namyong Terminal PCL  (BKK:NYT) 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.


Namyong Terminal PCL Piotroski F-Score Related Terms

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Namyong Terminal PCL (BKK:NYT) Business Description

Traded in Other Exchanges
N/A
Address
Rama IV Road, 1168/52 Lumpini Tower, 19th Floor, Thungmahamek, Sathorn, Bangkok, THA, 10120
Namyong Terminal PCL is a cargo terminal operator. The company is engaged in providing port services, carriage, handling of goods, and warehouse service to its customers. It operates through the following segments: Provision of port services, carriage and handling of goods, and other related services; Warehouse Services and Transport Vessel Services. The Seaport and Related Services segment which generates the majority of revenue provides carriage, handling, and port services.