Finance for Food SpA (MIL:FFF) Piotroski F-Score

View and export this data going back to 2024. Start your Free Trial

What is Finance for Food SpA Piotroski F-Score?

Finance for Food SpA does not have enough data to calculate Piotroski F-Score.

Finance for Food SpA Piotroski F-Score Historical Data

The historical data trend for Finance for Food SpA'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.

Finance for Food SpA Piotroski F-Score Chart

Finance for Food SpA Annual Data

Trend

Dec22

Dec23

Piotroski F-Score

Finance for Food SpA Semi-Annual Data
	Dec22	Dec23	Jun24
Piotroski F-Score	-	-	-

Finance for Food SpA (MIL:FFF) 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.

Finance for Food SpA Piotroski F-Score Related Terms

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

Finance for Food SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finance for Food SpA (MIL:FFF) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Manzoni, 5, Milan, ITA, 20121

Website

https://www.financeforfood.it

Finance for Food SpA provides consultancy and advisory services with respect to agri-food supply chains and related sectors. The company also provides consultancy services of Power industry.

Finance for Food SpA Headlines

No Headlines