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Sila Realty Trust (FRA:803) Piotroski F-Score : 6 (As of Mar. 26, 2025)


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What is Sila Realty Trust 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

Sila Realty Trust 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 Sila Realty Trust's Piotroski F-Score or its related term are showing as below:

FRA:803' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 6

During the past 11 years, the highest Piotroski F-Score of Sila Realty Trust was 8. The lowest was 5. And the median was 6.


Sila Realty Trust Piotroski F-Score Historical Data

The historical data trend for Sila Realty Trust'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.

Sila Realty Trust Piotroski F-Score Chart

Sila Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 5.00 7.00 6.00

Sila Realty Trust Quarterly Data
Mar20 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 7.00 6.00 6.00 7.00 6.00

Competitive Comparison of Sila Realty Trust's Piotroski F-Score

For the REIT - Healthcare Facilities subindustry, Sila Realty Trust'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.


Sila Realty Trust's Piotroski F-Score Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sila Realty Trust's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sila Realty Trust'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 13.782 + 4.299 + 10.753 + 10.614 = €39.4 Mil.
Cash Flow from Operations was 33.646 + 29.394 + 26.179 + 33.979 = €123.2 Mil.
Revenue was 46.588 + 40.462 + 41.552 + 44.45 = €173.1 Mil.
Gross Profit was 41.478 + 35.028 + 36.306 + 38.805 = €151.6 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(1925.314 + 1926.769 + 1933.804 + 1808.697 + 1916.756) / 5 = €1902.268 Mil.
Total Assets at the begining of this year (Dec23) was €1,925.3 Mil.
Long-Term Debt & Capital Lease Obligation was €39.6 Mil.
Total Current Assets was €97.3 Mil.
Total Current Liabilities was €528.7 Mil.
Net Income was 13.263 + 3.558 + 14.039 + -8.249 = €22.6 Mil.

Revenue was 46.367 + 41.503 + 45.484 + 42.103 = €175.5 Mil.
Gross Profit was 41.838 + 37.005 + 40.794 + 37.089 = €156.7 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(2095.493 + 2052.321 + 2012.372 + 2079.32 + 1925.314) / 5 = €2032.964 Mil.
Total Assets at the begining of last year (Dec22) was €2,095.5 Mil.
Long-Term Debt & Capital Lease Obligation was €37.7 Mil.
Total Current Assets was €236.4 Mil.
Total Current Liabilities was €506.4 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.

Sila Realty Trust's current Net Income (TTM) was 39.4. ==> 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.

Sila Realty Trust's current Cash Flow from Operations (TTM) was 123.2. ==> 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 (Dec23)
=39.448/1925.314
=0.02048913

ROA (Last Year)=Net Income/Total Assets (Dec22)
=22.611/2095.493
=0.0107903

Sila Realty Trust's return on assets of this year was 0.02048913. Sila Realty Trust's return on assets of last year was 0.0107903. ==> 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.

Sila Realty Trust's current Net Income (TTM) was 39.4. Sila Realty Trust's current Cash Flow from Operations (TTM) was 123.2. ==> 123.2 > 39.4 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=39.626/1902.268
=0.02083092

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=37.742/2032.964
=0.01856501

Sila Realty Trust's gearing of this year was 0.02083092. Sila Realty Trust's gearing of last year was 0.01856501. ==> Last year is lower than this year ==> Score 0.

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
=97.291/528.721
=0.18401198

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=236.431/506.367
=0.46691629

Sila Realty Trust's current ratio of this year was 0.18401198. Sila Realty Trust's current ratio of last year was 0.46691629. ==> 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.

Sila Realty Trust's number of shares in issue this year was 55.458. Sila Realty Trust's number of shares in issue last year was 57.414. ==> 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
=151.617/173.052
=0.8761355

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=156.726/175.457
=0.8932445

Sila Realty Trust's gross margin of this year was 0.8761355. Sila Realty Trust's gross margin of last year was 0.8932445. ==> Last year's gross margin is higher ==> Score 0.

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)
=173.052/1925.314
=0.08988248

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=175.457/2095.493
=0.08373065

Sila Realty Trust's asset turnover of this year was 0.08988248. Sila Realty Trust's asset turnover of last year was 0.08373065. ==> 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+0+0+1+0+1
=6

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

Sila Realty Trust has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Sila Realty Trust  (FRA:803) 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.


Sila Realty Trust Piotroski F-Score Related Terms

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Sila Realty Trust Business Description

Traded in Other Exchanges
Address
1001 Water Street, Suite 800, Tampa, FL, USA, 33602
Sila Realty Trust Inc is a real estate investment trust. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return capital contributions to stockholders. The company owns and manages healthcare assets. The company generates revenue from real estate investments in healthcare properties.

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