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Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) Piotroski F-Score : N/A (As of Mar. 29, 2025)


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What is Agrotech Yuksek Teknoloji ve Yatirim AS 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

Agrotech Yuksek Teknoloji ve Yatirim AS 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 Agrotech Yuksek Teknoloji ve Yatirim AS's Piotroski F-Score or its related term are showing as below:

During the past 4 years, the highest Piotroski F-Score of Agrotech Yuksek Teknoloji ve Yatirim AS was 4. The lowest was 4. And the median was 4.


Agrotech Yuksek Teknoloji ve Yatirim AS Piotroski F-Score Historical Data

The historical data trend for Agrotech Yuksek Teknoloji ve Yatirim AS'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.

Agrotech Yuksek Teknoloji ve Yatirim AS Piotroski F-Score Chart

Agrotech Yuksek Teknoloji ve Yatirim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A N/A 4.00

Agrotech Yuksek Teknoloji ve Yatirim AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 4.00 N/A N/A N/A

Competitive Comparison of Agrotech Yuksek Teknoloji ve Yatirim AS's Piotroski F-Score

For the Conglomerates subindustry, Agrotech Yuksek Teknoloji ve Yatirim AS'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.


Agrotech Yuksek Teknoloji ve Yatirim AS's Piotroski F-Score Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Agrotech Yuksek Teknoloji ve Yatirim AS's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Agrotech Yuksek Teknoloji ve Yatirim AS'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 212.53 + 1224.056 + -1371.185 + 81.755 = ₺147 Mil.
Cash Flow from Operations was -1349.926 + 726.695 + -341.468 + 11.529 = ₺-953 Mil.
Revenue was 61.924 + 1120.815 + 571.315 + 200.869 = ₺1,955 Mil.
Gross Profit was -48.945 + 105.733 + 2.973 + 47.236 = ₺107 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(3671.502 + 6374.184 + 9232.758 + 7859.34 + 8125.77) / 5 = ₺7052.7108 Mil.
Total Assets at the begining of this year (Sep23) was ₺3,672 Mil.
Long-Term Debt & Capital Lease Obligation was ₺0 Mil.
Total Current Assets was ₺2,346 Mil.
Total Current Liabilities was ₺548 Mil.
Net Income was 230.163 + -23.766 + 182.303 + -127.773 = ₺261 Mil.

Revenue was 697.634 + 84.658 + 234.48 + 165.303 = ₺1,182 Mil.
Gross Profit was 336.52 + 4.428 + 154.076 + 69.783 = ₺565 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(0 + 4200.37 + 0 + 3620.435 + 3671.502) / 5 = ₺3830.769 Mil.
Total Assets at the begining of last year (Sep22) was ₺0 Mil.
Long-Term Debt & Capital Lease Obligation was ₺3 Mil.
Total Current Assets was ₺585 Mil.
Total Current Liabilities was ₺164 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.

Agrotech Yuksek Teknoloji ve Yatirim AS's current Net Income (TTM) was 147. ==> 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.

Agrotech Yuksek Teknoloji ve Yatirim AS's current Cash Flow from Operations (TTM) was -953. ==> 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 (Sep23)
=147.156/3671.502
=0.0400806

ROA (Last Year)=Net Income/Total Assets (Sep22)
=260.927/0
=

Agrotech Yuksek Teknoloji ve Yatirim AS's return on assets of this year was 0.0400806. Agrotech Yuksek Teknoloji ve Yatirim AS's return on assets of last year was . ==> 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.

Agrotech Yuksek Teknoloji ve Yatirim AS's current Net Income (TTM) was 147. Agrotech Yuksek Teknoloji ve Yatirim AS's current Cash Flow from Operations (TTM) was -953. ==> -953 <= 147 ==> CFROA <= ROA ==> Score 0.

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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=0/7052.7108
=0

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=2.724/3830.769
=0.00071108

Agrotech Yuksek Teknoloji ve Yatirim AS's gearing of this year was 0. Agrotech Yuksek Teknoloji ve Yatirim AS's gearing of last year was 0.00071108. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=2345.846/547.61
=4.28378956

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=584.719/164.002
=3.56531628

Agrotech Yuksek Teknoloji ve Yatirim AS's current ratio of this year was 4.28378956. Agrotech Yuksek Teknoloji ve Yatirim AS's current ratio of last year was 3.56531628. ==> 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.

Agrotech Yuksek Teknoloji ve Yatirim AS's number of shares in issue this year was 1200. Agrotech Yuksek Teknoloji ve Yatirim AS's number of shares in issue last year was 1200. ==> 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
=106.997/1954.923
=0.05473208

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=564.807/1182.075
=0.47780978

Agrotech Yuksek Teknoloji ve Yatirim AS's gross margin of this year was 0.05473208. Agrotech Yuksek Teknoloji ve Yatirim AS's gross margin of last year was 0.47780978. ==> 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 (Sep23)
=1954.923/3671.502
=0.53245865

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=1182.075/0
=

Agrotech Yuksek Teknoloji ve Yatirim AS's asset turnover of this year was 0.53245865. Agrotech Yuksek Teknoloji ve Yatirim AS's asset turnover of last year was . ==> 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+0+1+0+1+1+1+0+1
=6

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

Agrotech Yuksek Teknoloji ve Yatirim AS has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Agrotech Yuksek Teknoloji ve Yatirim AS  (IST:AGROT) 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.


Agrotech Yuksek Teknoloji ve Yatirim AS Piotroski F-Score Related Terms

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Agrotech Yuksek Teknoloji ve Yatirim AS Business Description

Traded in Other Exchanges
N/A
Address
Kucukbakkalkoy, Mah. Atilla ?lhan Cad., Efe Sokak No: 2/1, Atasehir, Istanbul, TUR, 34750
Agrotech Yuksek Teknoloji ve Yatirim AS is a Agricultural company whose business activities are in the field of trading agricultural products in the food sector and in the field of software in the definition of technology factors sector.

Agrotech Yuksek Teknoloji ve Yatirim AS Headlines

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