GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Snoozebox Holdings PLC (LSE:ZZZ) » Definitions » Piotroski F-Score

Snoozebox Holdings (LSE:ZZZ) Piotroski F-Score : 3 (As of May. 06, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Snoozebox Holdings Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Snoozebox Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

LSE:ZZZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 4
Current: 3

During the past 6 years, the highest Piotroski F-Score of Snoozebox Holdings was 4. The lowest was 3. And the median was 3.


Snoozebox Holdings Piotroski F-Score Historical Data

The historical data trend for Snoozebox 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.

Snoozebox Holdings Piotroski F-Score Chart

Snoozebox Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Piotroski F-Score
Get a 7-Day Free Trial - 4.00 3.00 3.00 3.00

Snoozebox Holdings Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 3.00 - 3.00 -

Competitive Comparison of Snoozebox Holdings's Piotroski F-Score

For the Lodging subindustry, Snoozebox 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.


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

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

* The bar in red indicates where Snoozebox 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 (Dec16) TTM:Last Year (Dec15) TTM:
Net Income was £-8.92 Mil.
Cash Flow from Operations was £-3.08 Mil.
Revenue was £2.42 Mil.
Gross Profit was £2.02 Mil.
Average Total Assets from the begining of this year (Dec15)
to the end of this year (Dec16) was (13.69 + 6.163) / 2 = £9.9265 Mil.
Total Assets at the begining of this year (Dec15) was £13.69 Mil.
Long-Term Debt & Capital Lease Obligation was £7.53 Mil.
Total Current Assets was £2.69 Mil.
Total Current Liabilities was £1.16 Mil.
Net Income was £-18.88 Mil.

Revenue was £5.82 Mil.
Gross Profit was £3.30 Mil.
Average Total Assets from the begining of last year (Dec14)
to the end of last year (Dec15) was (33.986 + 13.69) / 2 = £23.838 Mil.
Total Assets at the begining of last year (Dec14) was £33.99 Mil.
Long-Term Debt & Capital Lease Obligation was £7.91 Mil.
Total Current Assets was £5.15 Mil.
Total Current Liabilities was £3.90 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.

Snoozebox Holdings's current Net Income (TTM) was -8.92. ==> 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.

Snoozebox Holdings's current Cash Flow from Operations (TTM) was -3.08. ==> 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 (Dec15)
=-8.915/13.69
=-0.65120526

ROA (Last Year)=Net Income/Total Assets (Dec14)
=-18.884/33.986
=-0.55564056

Snoozebox Holdings's return on assets of this year was -0.65120526. Snoozebox Holdings's return on assets of last year was -0.55564056. ==> 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.

Snoozebox Holdings's current Net Income (TTM) was -8.92. Snoozebox Holdings's current Cash Flow from Operations (TTM) was -3.08. ==> -3.08 > -8.92 ==> 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: Dec16)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec15 to Dec16
=7.526/9.9265
=0.75817257

Gearing (Last Year: Dec15)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec14 to Dec15
=7.911/23.838
=0.33186509

Snoozebox Holdings's gearing of this year was 0.75817257. Snoozebox Holdings's gearing of last year was 0.33186509. ==> 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: Dec16)=Total Current Assets/Total Current Liabilities
=2.686/1.155
=2.32554113

Current Ratio (Last Year: Dec15)=Total Current Assets/Total Current Liabilities
=5.153/3.902
=1.32060482

Snoozebox Holdings's current ratio of this year was 2.32554113. Snoozebox Holdings's current ratio of last year was 1.32060482. ==> 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.

Snoozebox Holdings's number of shares in issue this year was 294.033. Snoozebox Holdings's number of shares in issue last year was 211.841. ==> 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
=2.015/2.416
=0.83402318

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.304/5.821
=0.56760007

Snoozebox Holdings's gross margin of this year was 0.83402318. Snoozebox Holdings's gross margin of last year was 0.56760007. ==> 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 (Dec15)
=2.416/13.69
=0.17647918

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec14)
=5.821/33.986
=0.17127641

Snoozebox Holdings's asset turnover of this year was 0.17647918. Snoozebox Holdings's asset turnover of last year was 0.17127641. ==> 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+0+1+0+1+0+1+1
=4

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

Snoozebox Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Snoozebox Holdings  (LSE:ZZZ) 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.


Snoozebox Holdings Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Snoozebox Holdings's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Snoozebox Holdings (LSE:ZZZ) Business Description

Traded in Other Exchanges
N/A
Address
Snoozebox Holdings PLC is engaged in the provision of portable hotel and accommodation services in the UK. It provides deployed quality accommodation services for semi-permanent and temporary deployed accommodation for hire. The Group operates in two reportable segments: Events and Semi-Permanent. The Events segment includes all activities providing short-term hotel accommodation at popular events and festivals. The Semi-Permanent segment includes all activities in relation to the provision of long-term hotel solutions. Snoozebox generates revenue from the provision of quality accommodation services to customers.

Snoozebox Holdings (LSE:ZZZ) Headlines