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Prosper Engineering PCL (BKK:PROS) Piotroski F-Score : 6 (As of Apr. 06, 2025)


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What is Prosper Engineering 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

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

BKK:PROS' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 2   Max: 6
Current: 6

During the past 7 years, the highest Piotroski F-Score of Prosper Engineering PCL was 6. The lowest was 1. And the median was 2.


Prosper Engineering PCL Piotroski F-Score Historical Data

The historical data trend for Prosper Engineering 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.

Prosper Engineering PCL Piotroski F-Score Chart

Prosper Engineering PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 2.00 1.00 6.00

Prosper Engineering PCL Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 2.00 4.00 6.00 6.00

Competitive Comparison of Prosper Engineering PCL's Piotroski F-Score

For the Engineering & Construction subindustry, Prosper Engineering 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.


Prosper Engineering PCL's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prosper Engineering PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Prosper Engineering 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 8.334 + 11.106 + 4.376 + -5.806 = ฿18 Mil.
Cash Flow from Operations was -95.533 + -57.157 + 19.025 + 54.096 = ฿-80 Mil.
Revenue was 322.61 + 323.473 + 427.594 + 422.617 = ฿1,496 Mil.
Gross Profit was 27.143 + 33.637 + 21.782 + 13.705 = ฿96 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(892.466 + 1054.538 + 1066.8 + 1136.407 + 1017.607) / 5 = ฿1033.5636 Mil.
Total Assets at the begining of this year (Dec23) was ฿892 Mil.
Long-Term Debt & Capital Lease Obligation was ฿1 Mil.
Total Current Assets was ฿750 Mil.
Total Current Liabilities was ฿774 Mil.
Net Income was -6.739 + -198.102 + 0.333 + 3.262 = ฿-201 Mil.

Revenue was 237.949 + 130.191 + 212.095 + 259.693 = ฿840 Mil.
Gross Profit was 15.96 + -175.918 + 18.574 + 24.887 = ฿-116 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(1128.986 + 1153.517 + 1003.147 + 950.962 + 892.466) / 5 = ฿1025.8156 Mil.
Total Assets at the begining of last year (Dec22) was ฿1,129 Mil.
Long-Term Debt & Capital Lease Obligation was ฿2 Mil.
Total Current Assets was ฿621 Mil.
Total Current Liabilities was ฿660 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.

Prosper Engineering PCL's current Net Income (TTM) was 18. ==> 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.

Prosper Engineering PCL's current Cash Flow from Operations (TTM) was -80. ==> 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)
=18.01/892.466
=0.02018004

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-201.246/1128.986
=-0.17825376

Prosper Engineering PCL's return on assets of this year was 0.02018004. Prosper Engineering PCL's return on assets of last year was -0.17825376. ==> 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.

Prosper Engineering PCL's current Net Income (TTM) was 18. Prosper Engineering PCL's current Cash Flow from Operations (TTM) was -80. ==> -80 <= 18 ==> 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
=0.757/1033.5636
=0.00073242

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=1.756/1025.8156
=0.00171181

Prosper Engineering PCL's gearing of this year was 0.00073242. Prosper Engineering PCL's gearing of last year was 0.00171181. ==> 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
=749.699/774.23
=0.96831562

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=620.541/660.494
=0.93951043

Prosper Engineering PCL's current ratio of this year was 0.96831562. Prosper Engineering PCL's current ratio of last year was 0.93951043. ==> 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.

Prosper Engineering PCL's number of shares in issue this year was 619.557. Prosper Engineering PCL's number of shares in issue last year was 552.469. ==> 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
=96.267/1496.294
=0.06433696

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-116.497/839.928
=-0.13869879

Prosper Engineering PCL's gross margin of this year was 0.06433696. Prosper Engineering PCL's gross margin of last year was -0.13869879. ==> 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)
=1496.294/892.466
=1.67658376

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=839.928/1128.986
=0.74396671

Prosper Engineering PCL's asset turnover of this year was 1.67658376. Prosper Engineering PCL's asset turnover of last year was 0.74396671. ==> 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+0+1+0+1+1+0+1+1
=6

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

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

Prosper Engineering PCL  (BKK:PROS) 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.


Prosper Engineering PCL Piotroski F-Score Related Terms

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Prosper Engineering PCL Business Description

Traded in Other Exchanges
Address
Nakniwat Road, No. 11 Soi Nakniwat 20, Ladphrao, Bangkok, THA, 10230
Prosper Engineering PCL is a provider of electrical and communication systems, air conditioning and ventilation system, sanitary and fire protection system distribution of materials for M&E systems and maintenance services after completion of installation and architectural works. It operates and installs engineering systems in various types of buildings, shopping centers, large superstores, product distribution centers, mobile telephone network centers, information centers, residential buildings, office buildings, government and public sector buildings, hospitals, and industrial factories. The company has two segments: M&E engineering Segment and Civil & Structure Engineering Segment. It derives maximum revenue from M&E engineering Segment.