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Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S (IST:PATEK) Piotroski F-Score : N/A (As of Apr. 03, 2025)


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What is Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S 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

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Piotroski F-Score or its related term are showing as below:


Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Piotroski F-Score Historical Data

The historical data trend for Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Piotroski F-Score Chart

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Annual Data
Trend Dec20 Dec21 Dec22
Piotroski F-Score
N/A N/A N/A

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Piotroski F-Score

For the Information Technology Services subindustry, Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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.


Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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 (Jun23) TTM:
Net Income was 28.17 + 7.538 + -43.532 + 28.566 = ₺20.7 Mil.
Cash Flow from Operations was 251.406 + -293.564 + 108.778 + -72.356 = ₺-5.7 Mil.
Revenue was 588.861 + 130.107 + 291.999 + 247.321 = ₺1,258.3 Mil.
Gross Profit was 155.719 + 6.664 + -0.875 + 1.253 = ₺162.8 Mil.
Average Total Assets from the begining of this year (Jun23)
to the end of this year (Sep24) was
(0 + 639.78 + 1728.307 + 2001.41 + 2167.945) / 5 = ₺1634.3605 Mil.
Total Assets at the begining of this year (Jun23) was ₺0.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₺65.6 Mil.
Total Current Assets was ₺1,453.5 Mil.
Total Current Liabilities was ₺934.2 Mil.
Net Income was 0 + 3.157 + 12.096 + -1.309 = ₺13.9 Mil.

Revenue was 0 + 140.094 + 90.996 + 113.632 = ₺344.7 Mil.
Gross Profit was 0 + 34.546 + -10.757 + 6.483 = ₺30.3 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Jun23) was
(338.039 + 0 + 459.455 + 0 + 0) / 5 = ₺398.747 Mil.
Total Assets at the begining of last year (Dec21) was ₺338.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.
Total Current Assets was ₺0.0 Mil.
Total Current Liabilities was ₺0.0 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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current Net Income (TTM) was 20.7. ==> 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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current Cash Flow from Operations (TTM) was -5.7. ==> 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 (Jun23)
=20.742/0
=

ROA (Last Year)=Net Income/Total Assets (Dec21)
=13.944/338.039
=0.04124968

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's return on assets of this year was . Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's return on assets of last year was 0.04124968. ==> Last year is higher ==> Score 0.

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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current Net Income (TTM) was 20.7. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current Cash Flow from Operations (TTM) was -5.7. ==> -5.7 <= 20.7 ==> 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 Jun23 to Sep24
=65.639/1634.3605
=0.04016189

Gearing (Last Year: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Jun23
=0/398.747
=0

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's gearing of this year was 0.04016189. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's gearing of last year was 0. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=1453.46/934.198
=1.5558372

Current Ratio (Last Year: Jun23)=Total Current Assets/Total Current Liabilities
=0/0
=

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current ratio of this year was 1.5558372. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's current ratio of last year was . ==> 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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's number of shares in issue this year was 136.029. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's number of shares in issue last year was 134. ==> 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
=162.761/1258.288
=0.12935115

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=30.272/344.722
=0.08781569

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's gross margin of this year was 0.12935115. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's gross margin of last year was 0.08781569. ==> 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 (Jun23)
=1258.288/0
=

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=344.722/338.039
=1.01976991

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's asset turnover of this year was . Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's asset turnover of last year was 1.01976991. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+0+0+0+1+0+1+0
=3

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

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S  (IST:PATEK) 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.


Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Piotroski F-Score Related Terms

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Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Business Description

Traded in Other Exchanges
N/A
Address
Ayazaga Mah. Kemerburgaz Cad, Vadi Istanbul Park site 7A Block No. 7B, Ic Kapi No.32, Sariyer, Istanbul, TUR
Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S is a company that provides services such as cyber security, software development, IT hardware and OT technological infrastructure services.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Headlines

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