GURUFOCUS.COM » STOCK LIST » Asia » Bangladesh » DHA » Metro Spinning Ltd (DHA:METROSPIN) » Definitions » Piotroski F-Score
Switch to:

Metro Spinning (DHA:METROSPIN) Piotroski F-Score


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

Metro Spinning does not have enough data to calculate Piotroski F-Score.


Metro Spinning (DHA:METROSPIN) Piotroski F-Score Historical Data

The historical data trend for Metro Spinning'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.

Metro Spinning Annual Data
Trend
Piotroski F-Score

Metro Spinning Semi-Annual Data
Piotroski F-Score

Metro Spinning (DHA:METROSPIN) Piotroski F-Score Competitive Comparison

For the Textile Manufacturing subindustry, Metro Spinning'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.

   

Metro Spinning (DHA:METROSPIN) Piotroski F-Score Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Metro Spinning's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Metro Spinning's Piotroski F-Score falls into.


Metro Spinning  (DHA:METROSPIN) 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.


Metro Spinning Piotroski F-Score Related Terms

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


Metro Spinning (DHA:METROSPIN) Business Description

Metro Spinning logo
Traded in Other Exchanges
N/A
Address
Road No 06, House No 17, Sector No 1, Uttara Model Town, Dhaka, BGD, 1230
Metro Spinning Ltd is a Bangladesh based company engages in the production and sale of cotton yarn. It also exports its products.

Metro Spinning (DHA:METROSPIN) Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
premium membership