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EGL Holdings Co (HKSE:06882) Piotroski F-Score : 8 (As of Apr. 17, 2025)


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What is EGL Holdings Co 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

EGL Holdings Co 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 EGL Holdings Co's Piotroski F-Score or its related term are showing as below:

HKSE:06882' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 8

During the past 12 years, the highest Piotroski F-Score of EGL Holdings Co was 8. The lowest was 1. And the median was 5.


EGL Holdings Co Piotroski F-Score Historical Data

The historical data trend for EGL Holdings Co'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.

EGL Holdings Co Piotroski F-Score Chart

EGL Holdings Co 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 1.00 2.00 7.00 8.00 -

EGL Holdings Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 - 8.00 - -

Competitive Comparison of EGL Holdings Co's Piotroski F-Score

For the Travel Services subindustry, EGL Holdings Co'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.


EGL Holdings Co's Piotroski F-Score Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EGL Holdings Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where EGL Holdings Co'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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was HK$72 Mil.
Cash Flow from Operations was HK$231 Mil.
Revenue was HK$1,366 Mil.
Gross Profit was HK$340 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was (905.056 + 858.241) / 2 = HK$881.6485 Mil.
Total Assets at the begining of this year (Dec22) was HK$905 Mil.
Long-Term Debt & Capital Lease Obligation was HK$474 Mil.
Total Current Assets was HK$321 Mil.
Total Current Liabilities was HK$333 Mil.
Net Income was HK$-74 Mil.

Revenue was HK$196 Mil.
Gross Profit was HK$39 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (905.115 + 905.056) / 2 = HK$905.0855 Mil.
Total Assets at the begining of last year (Dec21) was HK$905 Mil.
Long-Term Debt & Capital Lease Obligation was HK$438 Mil.
Total Current Assets was HK$301 Mil.
Total Current Liabilities was HK$441 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.

EGL Holdings Co's current Net Income (TTM) was 72. ==> 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.

EGL Holdings Co's current Cash Flow from Operations (TTM) was 231. ==> 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 (Dec22)
=71.657/905.056
=0.07917411

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-74.299/905.115
=-0.08208791

EGL Holdings Co's return on assets of this year was 0.07917411. EGL Holdings Co's return on assets of last year was -0.08208791. ==> 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.

EGL Holdings Co's current Net Income (TTM) was 72. EGL Holdings Co's current Cash Flow from Operations (TTM) was 231. ==> 231 > 72 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=473.599/881.6485
=0.5371744

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=438.488/905.0855
=0.48447136

EGL Holdings Co's gearing of this year was 0.5371744. EGL Holdings Co's gearing of last year was 0.48447136. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=320.794/333.242
=0.96264576

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=301.117/440.901
=0.68295831

EGL Holdings Co's current ratio of this year was 0.96264576. EGL Holdings Co's current ratio of last year was 0.68295831. ==> This year's current ratio is higher. ==> Score 1.

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.

EGL Holdings Co's number of shares in issue this year was 502.45. EGL Holdings Co's number of shares in issue last year was 502.45. ==> 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
=339.768/1366.02
=0.24872842

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38.881/196.479
=0.19788883

EGL Holdings Co's gross margin of this year was 0.24872842. EGL Holdings Co's gross margin of last year was 0.19788883. ==> 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 (Dec22)
=1366.02/905.056
=1.50932097

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=196.479/905.115
=0.21707628

EGL Holdings Co's asset turnover of this year was 1.50932097. EGL Holdings Co's asset turnover of last year was 0.21707628. ==> 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+1+1+1+1
=8

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

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

EGL Holdings Co  (HKSE:06882) 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.


EGL Holdings Co Piotroski F-Score Related Terms

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EGL Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
83 Hung To Road, 15th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
EGL Holdings Co Ltd is engaged in the Travel Business. It generates revenue from travel related segment comprises the provision of package tours, free independent travelers (FIT) packages, and individual travel elements. It also offers ancillary travel-related products and services including air tickets, hotel accommodation, public transportation tickets, theme park admission tickets, and travel insurance services. Geographically, the group has a business presence in Hong Kong, Macau, Japan, and Other countries, of which key revenue is derived from Hong Kong and Macau.
Executives
Alpadis Group Holding Ag
Alpadis Trust (hk) Limited
Esseiva Alain
Esseiva Vanessa Teo
Esseiva Alain
Teo Wei Lee
Teo Wei Lee 2202 Interest of your spouse
Heer Dominik Philipp
Heer Krinya 2202 Interest of your spouse
Evergloss Management Group Company Limited 2101 Beneficial owner

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