GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Stanley Lifestyles Ltd (BOM:544202) » Definitions » Piotroski F-Score

Stanley Lifestyles (BOM:544202) Piotroski F-Score : 8 (As of Mar. 24, 2025)


View and export this data going back to 2024. Start your Free Trial

What is Stanley Lifestyles 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

Stanley Lifestyles 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 Stanley Lifestyles's Piotroski F-Score or its related term are showing as below:

BOM:544202' s Piotroski F-Score Range Over the Past 10 Years
Min: 8   Med: 8   Max: 8
Current: 8

During the past 3 years, the highest Piotroski F-Score of Stanley Lifestyles was 8. The lowest was 8. And the median was 8.


Stanley Lifestyles Piotroski F-Score Historical Data

The historical data trend for Stanley Lifestyles'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.

Stanley Lifestyles Piotroski F-Score Chart

Stanley Lifestyles Annual Data
Trend Mar21 Mar22 Mar23
Piotroski F-Score
N/A N/A 8.00

Stanley Lifestyles Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Stanley Lifestyles's Piotroski F-Score

For the Furnishings, Fixtures & Appliances subindustry, Stanley Lifestyles'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.


Stanley Lifestyles's Piotroski F-Score Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Stanley Lifestyles's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Stanley Lifestyles'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 (Mar23) TTM:Last Year (Mar22) TTM:
Net Income was ₹329 Mil.
Cash Flow from Operations was ₹680 Mil.
Revenue was ₹4,178 Mil.
Gross Profit was ₹1,928 Mil.
Average Total Assets from the begining of this year (Mar22)
to the end of this year (Mar23) was (4221.45 + 4581.86) / 2 = ₹4401.655 Mil.
Total Assets at the begining of this year (Mar22) was ₹4,221 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,253 Mil.
Total Current Assets was ₹2,270 Mil.
Total Current Liabilities was ₹1,041 Mil.
Net Income was ₹213 Mil.

Revenue was ₹2,918 Mil.
Gross Profit was ₹1,295 Mil.
Average Total Assets from the begining of last year (Mar21)
to the end of last year (Mar22) was (3465.16 + 4221.45) / 2 = ₹3843.305 Mil.
Total Assets at the begining of last year (Mar21) was ₹3,465 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,096 Mil.
Total Current Assets was ₹2,298 Mil.
Total Current Liabilities was ₹1,029 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.

Stanley Lifestyles's current Net Income (TTM) was 329. ==> 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.

Stanley Lifestyles's current Cash Flow from Operations (TTM) was 680. ==> 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 (Mar22)
=328.75/4221.45
=0.07787609

ROA (Last Year)=Net Income/Total Assets (Mar21)
=213.49/3465.16
=0.06161043

Stanley Lifestyles's return on assets of this year was 0.07787609. Stanley Lifestyles's return on assets of last year was 0.06161043. ==> 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.

Stanley Lifestyles's current Net Income (TTM) was 329. Stanley Lifestyles's current Cash Flow from Operations (TTM) was 680. ==> 680 > 329 ==> 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: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=1253.35/4401.655
=0.28474517

Gearing (Last Year: Mar22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar21 to Mar22
=1095.74/3843.305
=0.28510358

Stanley Lifestyles's gearing of this year was 0.28474517. Stanley Lifestyles's gearing of last year was 0.28510358. ==> 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: Mar23)=Total Current Assets/Total Current Liabilities
=2269.61/1041.26
=2.17967655

Current Ratio (Last Year: Mar22)=Total Current Assets/Total Current Liabilities
=2298.26/1028.81
=2.2339013

Stanley Lifestyles's current ratio of this year was 2.17967655. Stanley Lifestyles's current ratio of last year was 2.2339013. ==> 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.

Stanley Lifestyles's number of shares in issue this year was 57.017. Stanley Lifestyles's number of shares in issue last year was 57.017. ==> 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
=1928.17/4177.98
=0.46150771

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1295.28/2917.82
=0.44392046

Stanley Lifestyles's gross margin of this year was 0.46150771. Stanley Lifestyles's gross margin of last year was 0.44392046. ==> 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 (Mar22)
=4177.98/4221.45
=0.98970259

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar21)
=2917.82/3465.16
=0.84204481

Stanley Lifestyles's asset turnover of this year was 0.98970259. Stanley Lifestyles's asset turnover of last year was 0.84204481. ==> 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

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

Stanley Lifestyles  (BOM:544202) 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.


Stanley Lifestyles Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Stanley Lifestyles's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Stanley Lifestyles Business Description

Traded in Other Exchanges
Address
Hosur Road, SY No. 16/2 and 16/3 Part, Veerasandra Village, Attibele Hobli, Anekal Taluk, Bengaluru, KA, IND, 560 100
Stanley Lifestyles Ltd designs and manufactures super-premium, luxury, and ultra-luxury furniture and sells it through its brand Stanley. The company designs, manufactures, and retails its products through its own network of pan-India stores. The Company has a single business segment namely, the business of manufacturing and trading of furniture and leather products.

Stanley Lifestyles Headlines

No Headlines