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HMMR (Hammer Fiber Optics Holdings) Piotroski F-Score : 5 (As of Mar. 17, 2025)


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What is Hammer Fiber Optics Holdings 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

Hammer Fiber Optics Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Hammer Fiber Optics Holdings's Piotroski F-Score or its related term are showing as below:

HMMR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 5
Current: 5

During the past 13 years, the highest Piotroski F-Score of Hammer Fiber Optics Holdings was 5. The lowest was 2. And the median was 5.


Hammer Fiber Optics Holdings Piotroski F-Score Historical Data

The historical data trend for Hammer Fiber Optics Holdings'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.

Hammer Fiber Optics Holdings Piotroski F-Score Chart

Hammer Fiber Optics Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 3.00 4.00 5.00

Hammer Fiber Optics Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 4.00 4.00 5.00 5.00 5.00

Competitive Comparison of Hammer Fiber Optics Holdings's Piotroski F-Score

For the Telecom Services subindustry, Hammer Fiber Optics Holdings'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.


Hammer Fiber Optics Holdings's Piotroski F-Score Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hammer Fiber Optics Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hammer Fiber Optics Holdings'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 (Jul24) TTM:Last Year (Jul23) TTM:
Net Income was -0.09 + 0.013 + -0.504 + -0.651 = $-1.23 Mil.
Cash Flow from Operations was -0.068 + -0.248 + -0.298 + -0.146 = $-0.76 Mil.
Revenue was 0.91 + 0.827 + 0.77 + 0.773 = $3.28 Mil.
Gross Profit was 0.261 + 0.25 + 0.177 + 0.194 = $0.88 Mil.
Average Total Assets from the begining of this year (Jul23)
to the end of this year (Jul24) was
(3.741 + 7.856 + 7.89 + 7.958 + 3.037) / 5 = $6.0964 Mil.
Total Assets at the begining of this year (Jul23) was $3.74 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.21 Mil.
Total Current Liabilities was $4.00 Mil.
Net Income was -0.085 + -0.339 + -0.206 + -1.949 = $-2.58 Mil.

Revenue was 0.799 + 0.744 + 0.768 + 0.946 = $3.26 Mil.
Gross Profit was 0.207 + 0.171 + 0.184 + 0.268 = $0.83 Mil.
Average Total Assets from the begining of last year (Jul22)
to the end of last year (Jul23) was
(6.142 + 9.406 + 9.247 + 9.328 + 3.741) / 5 = $7.5728 Mil.
Total Assets at the begining of last year (Jul22) was $6.14 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.23 Mil.
Total Current Liabilities was $3.67 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.

Hammer Fiber Optics Holdings's current Net Income (TTM) was -1.23. ==> Negative ==> Score 0.

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.

Hammer Fiber Optics Holdings's current Cash Flow from Operations (TTM) was -0.76. ==> Negative ==> Score 0.

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 (Jul23)
=-1.232/3.741
=-0.32932371

ROA (Last Year)=Net Income/Total Assets (Jul22)
=-2.579/6.142
=-0.4198958

Hammer Fiber Optics Holdings's return on assets of this year was -0.32932371. Hammer Fiber Optics Holdings's return on assets of last year was -0.4198958. ==> 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.

Hammer Fiber Optics Holdings's current Net Income (TTM) was -1.23. Hammer Fiber Optics Holdings's current Cash Flow from Operations (TTM) was -0.76. ==> -0.76 > -1.23 ==> 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: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=0/6.0964
=0

Gearing (Last Year: Jul23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul22 to Jul23
=0/7.5728
=0

Hammer Fiber Optics Holdings's gearing of this year was 0. Hammer Fiber Optics Holdings's gearing of last year was 0. ==> 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: Jul24)=Total Current Assets/Total Current Liabilities
=0.206/3.998
=0.05152576

Current Ratio (Last Year: Jul23)=Total Current Assets/Total Current Liabilities
=0.233/3.67
=0.06348774

Hammer Fiber Optics Holdings's current ratio of this year was 0.05152576. Hammer Fiber Optics Holdings's current ratio of last year was 0.06348774. ==> 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.

Hammer Fiber Optics Holdings's number of shares in issue this year was 64.785. Hammer Fiber Optics Holdings's number of shares in issue last year was 64.188. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=0.882/3.28
=0.26890244

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.83/3.257
=0.25483574

Hammer Fiber Optics Holdings's gross margin of this year was 0.26890244. Hammer Fiber Optics Holdings's gross margin of last year was 0.25483574. ==> 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 (Jul23)
=3.28/3.741
=0.87677092

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul22)
=3.257/6.142
=0.5302833

Hammer Fiber Optics Holdings's asset turnover of this year was 0.87677092. Hammer Fiber Optics Holdings's asset turnover of last year was 0.5302833. ==> 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
=0+0+1+1+1+0+0+1+1
=5

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

Hammer Fiber Optics Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Hammer Fiber Optics Holdings  (OTCPK:HMMR) 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.


Hammer Fiber Optics Holdings Piotroski F-Score Related Terms

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Hammer Fiber Optics Holdings Business Description

Traded in Other Exchanges
N/A
Address
6151 Lake Osprey Drive, Sarasota, FL, USA, 34240
Hammer Fiber Optics Holdings Corp is a telecommunications company. Its products and services include Financial Services such as Digital Payment Systems, Telecommunications, and Data Services such as Wireless and over-the-Top Services such as voice, messaging, video, and hosting. HammerPay, is a mobile-first digital solution designed to deliver seamless stored-value digital services to both businesses and consumers, including those traditionally underserved by the digital economy.
Executives
Mark Stogdill director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Erik B Levitt director, officer: CEO & President C/O HAMMER FIBER OPTICS HOLDINGS CORP., 401 EAST 34TH STREET, SUITE #N27J, NEW YORK NY 10016
Michael Cothill director, officer: Pres, CEO, CFO, Secy, Treas 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Helen E. Stogdill 10 percent owner 3722 RIVER RD., POINT PLEASANT BORO NJ 08742
Michael Leonard Adamcik, officer: Corporate Secretary 311 BROADWAY, PT. PLEASANT BEACH NJ 08742
Dennis W Doll director 1500 RONSON ROAD, ISELIN NJ 08830
Don Macneil director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Michael Sevell director, 10 percent owner 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
James Pomposello officer: Secretary 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Bruce Farmer director C/O RECURSOS MONTANA, S.A., 1ST STREET, #3, CERROS DEL ATLANTICO, PUERTO PLATA G8 006234