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Coffee Holding Co (Coffee Holding Co) Piotroski F-Score : 8 (As of May. 01, 2024)


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What is Coffee Holding 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

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

JVA' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Coffee Holding Co was 9. The lowest was 1. And the median was 6.


Coffee Holding Co Piotroski F-Score Historical Data

The historical data trend for Coffee Holding 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.

Coffee Holding Co Piotroski F-Score Chart

Coffee Holding Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 7.00 1.00 6.00

Coffee Holding Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.00 3.00 3.00 6.00 8.00

Competitive Comparison of Coffee Holding Co's Piotroski F-Score

For the Packaged Foods subindustry, Coffee Holding 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.


Coffee Holding Co's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Coffee Holding Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Coffee Holding Co'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 (Jan24) TTM:Last Year (Jan23) TTM:
Net Income was -0.36 + -0.112 + 0.168 + 0.351 = $0.05 Mil.
Cash Flow from Operations was -1.569 + -0.435 + -0.147 + 4.595 = $2.44 Mil.
Revenue was 15.321 + 15.764 + 18.762 + 19.54 = $69.39 Mil.
Gross Profit was 2.832 + 2.449 + 3.358 + 3.48 = $12.12 Mil.
Average Total Assets from the begining of this year (Jan23)
to the end of this year (Jan24) was
(40.848 + 37.327 + 39.315 + 42.192 + 37.579) / 5 = $39.4522 Mil.
Total Assets at the begining of this year (Jan23) was $40.85 Mil.
Long-Term Debt & Capital Lease Obligation was $2.64 Mil.
Total Current Assets was $29.65 Mil.
Total Current Liabilities was $10.75 Mil.
Net Income was -0.368 + 0.132 + -3.79 + -0.532 = $-4.56 Mil.

Revenue was 16.498 + 17.013 + 15.491 + 18.326 = $67.33 Mil.
Gross Profit was 1.993 + 3.146 + 1.604 + 2.32 = $9.06 Mil.
Average Total Assets from the begining of last year (Jan22)
to the end of last year (Jan23) was
(43.519 + 40.885 + 43.757 + 42.693 + 40.848) / 5 = $42.3404 Mil.
Total Assets at the begining of last year (Jan22) was $43.52 Mil.
Long-Term Debt & Capital Lease Obligation was $11.48 Mil.
Total Current Assets was $29.74 Mil.
Total Current Liabilities was $5.17 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.

Coffee Holding Co's current Net Income (TTM) was 0.05. ==> 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.

Coffee Holding Co's current Cash Flow from Operations (TTM) was 2.44. ==> 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 (Jan23)
=0.047/40.848
=0.00115061

ROA (Last Year)=Net Income/Total Assets (Jan22)
=-4.558/43.519
=-0.10473586

Coffee Holding Co's return on assets of this year was 0.00115061. Coffee Holding Co's return on assets of last year was -0.10473586. ==> 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.

Coffee Holding Co's current Net Income (TTM) was 0.05. Coffee Holding Co's current Cash Flow from Operations (TTM) was 2.44. ==> 2.44 > 0.05 ==> 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: Jan24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan23 to Jan24
=2.64/39.4522
=0.06691642

Gearing (Last Year: Jan23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan22 to Jan23
=11.479/42.3404
=0.27111222

Coffee Holding Co's gearing of this year was 0.06691642. Coffee Holding Co's gearing of last year was 0.27111222. ==> 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: Jan24)=Total Current Assets/Total Current Liabilities
=29.647/10.746
=2.75888703

Current Ratio (Last Year: Jan23)=Total Current Assets/Total Current Liabilities
=29.739/5.173
=5.74888846

Coffee Holding Co's current ratio of this year was 2.75888703. Coffee Holding Co's current ratio of last year was 5.74888846. ==> 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.

Coffee Holding Co's number of shares in issue this year was 5.709. Coffee Holding Co's number of shares in issue last year was 5.709. ==> 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
=12.119/69.387
=0.17465808

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9.063/67.328
=0.13460967

Coffee Holding Co's gross margin of this year was 0.17465808. Coffee Holding Co's gross margin of last year was 0.13460967. ==> 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 (Jan23)
=69.387/40.848
=1.69866334

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan22)
=67.328/43.519
=1.54709437

Coffee Holding Co's asset turnover of this year was 1.69866334. Coffee Holding Co's asset turnover of last year was 1.54709437. ==> 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+1+0+1+1+1
=8

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

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

Coffee Holding Co  (NAS:JVA) 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.


Coffee Holding Co Piotroski F-Score Related Terms

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Coffee Holding Co (Coffee Holding Co) Business Description

Traded in Other Exchanges
Address
3475 Victory Boulevard, Staten Island, NY, USA, 10314
Coffee Holding Co Inc is engaged in the business of wholesale coffee roasting and dealing. Its products include wholesale green coffee, private-label coffee, and branded coffee. The company sells its coffee products throughout the United States, Canada and certain countries in Asia.
Executives
John Rotelli director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
David Gordon director, officer: Executive VP, Secretary C/O COFFEE HOLDING CO INC, 4401 FIRST AVENUE, BROOKLYN NY 11237
Andrew Gordon director, officer: CEO and President C/O COFFEE HOLDING CO INC, 4401 FIRST AVENUE, BROOKLYN NY 11237
George F Thomas director C/O COFFEE HOLDING CO., INC., 3475 VICTORY BLVD., STATEN ISLAND NY 10314
Barry Knepper director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Daniel Dwyer director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Sal Reda director C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Gerard Decapua director 1171 BURNETT STREET, BROOKLYN NY 11242
Sterling A Gordon 10 percent owner C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Rachelle L Gordon 10 percent owner C/O COFFEE HOLDING CO., INC., 4401 FIRST AVENUE, BROOKLYN NY 11232
Robert M Williams director C/O COFFEE HOLDING CO. INC., 4401 FIRST AVENUE, BROOKLYN NY 11232