FAAS (DigiAsia) Piotroski F-Score

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

What is DigiAsia Piotroski F-Score?

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

DigiAsia Piotroski F-Score Historical Data

The historical data trend for DigiAsia'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.

DigiAsia Piotroski F-Score Chart

DigiAsia Annual Data

Trend

Dec21

Dec22

Piotroski F-Score

N/A

DigiAsia Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Piotroski F-Score	N/A	-	N/A	-

DigiAsia (NAS:FAAS) 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.

DigiAsia Piotroski F-Score Related Terms

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

DigiAsia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigiAsia Corp (NAS:FAAS) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Raffles Place, No. 28-02, Singapore, SGP, 048616

Website

https://www.digiasia.asia

DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.