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Moneyboxx Finance (BOM:538446) Piotroski F-Score : 4 (As of Dec. 13, 2024)


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What is Moneyboxx Finance 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

Moneyboxx Finance 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 Moneyboxx Finance's Piotroski F-Score or its related term are showing as below:

BOM:538446' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 4

During the past 11 years, the highest Piotroski F-Score of Moneyboxx Finance was 7. The lowest was 1. And the median was 4.


Moneyboxx Finance Piotroski F-Score Historical Data

The historical data trend for Moneyboxx Finance'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.

Moneyboxx Finance Piotroski F-Score Chart

Moneyboxx Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 3.00 3.00 4.00 4.00

Moneyboxx Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 4.00 - -

Competitive Comparison of Moneyboxx Finance's Piotroski F-Score

For the Credit Services subindustry, Moneyboxx Finance'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.


Moneyboxx Finance's Piotroski F-Score Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Moneyboxx Finance's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Moneyboxx Finance'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 ₹91 Mil.
Cash Flow from Operations was ₹-2,237 Mil.
Revenue was ₹1,151 Mil.
Gross Profit was ₹356 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was (3308.857 + 6691.648) / 2 = ₹5000.2525 Mil.
Total Assets at the begining of this year (Mar23) was ₹3,309 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,120 Mil.
Total Current Assets was ₹3,395 Mil.
Total Current Liabilities was ₹2,809 Mil.
Net Income was ₹-68 Mil.

Revenue was ₹494 Mil.
Gross Profit was ₹80 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was (1399.272 + 3308.857) / 2 = ₹2354.0645 Mil.
Total Assets at the begining of last year (Mar22) was ₹1,399 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,074 Mil.
Total Current Assets was ₹1,885 Mil.
Total Current Liabilities was ₹1,401 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.

Moneyboxx Finance's current Net Income (TTM) was 91. ==> 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.

Moneyboxx Finance's current Cash Flow from Operations (TTM) was -2,237. ==> 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 (Mar23)
=91.407/3308.857
=0.02762495

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-68.037/1399.272
=-0.04862314

Moneyboxx Finance's return on assets of this year was 0.02762495. Moneyboxx Finance's return on assets of last year was -0.04862314. ==> 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.

Moneyboxx Finance's current Net Income (TTM) was 91. Moneyboxx Finance's current Cash Flow from Operations (TTM) was -2,237. ==> -2,237 <= 91 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=2120.123/5000.2525
=0.42400319

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=1073.998/2354.0645
=0.45623134

Moneyboxx Finance's gearing of this year was 0.42400319. Moneyboxx Finance's gearing of last year was 0.45623134. ==> 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
=3395.217/2808.958
=1.20871049

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1885.37/1400.922
=1.34580655

Moneyboxx Finance's current ratio of this year was 1.20871049. Moneyboxx Finance's current ratio of last year was 1.34580655. ==> 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.

Moneyboxx Finance's number of shares in issue this year was 26.911. Moneyboxx Finance's number of shares in issue last year was 23.103. ==> 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
=356.071/1151.311
=0.30927438

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=79.73/494.382
=0.16127205

Moneyboxx Finance's gross margin of this year was 0.30927438. Moneyboxx Finance's gross margin of last year was 0.16127205. ==> 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)
=1151.311/3308.857
=0.34794825

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=494.382/1399.272
=0.35331372

Moneyboxx Finance's asset turnover of this year was 0.34794825. Moneyboxx Finance's asset turnover of last year was 0.35331372. ==> 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+0+1+0
=4

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

Moneyboxx Finance has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Moneyboxx Finance  (BOM:538446) 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.


Moneyboxx Finance Piotroski F-Score Related Terms

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Moneyboxx Finance Business Description

Traded in Other Exchanges
N/A
Address
411A, Kanakia Wall Street, Andheri Kurla Road, Wing A, Hanuman Nagar, Andheri East, Chakala, Mumbai, MH, IND, 400093
Moneyboxx Finance Ltd is a Non-Deposit taking, Non-Systemically Important Non-Banking Financial Company. The company is engaged in lending and allied activities. The company focuses on small and medium-sized enterprises (SME) lending, commercial lending, and value-added services. The company generates the majority of its revenue from Interest Income, followed by fee Income. The company has all of its operations within India.

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