MYLKF (The Planting Hope Co) Piotroski F-Score: 0 (As of Jun. 27, 2026)


What is The Planting Hope Co 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

The Planting Hope Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

The Planting Hope Co  (OTCPK:MYLKF) 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.


The Planting Hope Co Piotroski F-Score Related Terms


The Planting Hope Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Planting Hope 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.

The Planting Hope Co Piotroski F-Score Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
Piotroski F-Score
N/A N/A

The Planting Hope Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A N/A 0.00 N/A N/A

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 (Sep23) TTM:Last Year (Sep22) TTM:
Net Income was -3.238 + -2.457 + 0 + -2.712 = $-8.41 Mil.
Cash Flow from Operations was -2.255 + -1.686 + 0 + 0 = $-3.94 Mil.
Revenue was 1.815 + 2.439 + 1.6 + 1.592 = $7.45 Mil.
Gross Profit was 0.218 + 0.788 + 1.6 + 0.431 = $3.04 Mil.
Average Total Assets from the begining of this year (Sep22)
to the end of this year (Sep23) was
(11.274 + 9.841 + 10.238 + 0 + 7.864) / 5 = $9.80425 Mil.
Total Assets at the begining of this year (Sep22) was $11.27 Mil.
Long-Term Debt & Capital Lease Obligation was $4.34 Mil.
Total Current Assets was $2.64 Mil.
Total Current Liabilities was $7.35 Mil.
Net Income was -8.636 + -0.722 + 0 + -4.996 = $-14.35 Mil.

Revenue was 0.254 + 2.001 + 2.5 + 2.684 = $7.44 Mil.
Gross Profit was 0.089 + 0.779 + 2.5 + 0.344 = $3.71 Mil.
Average Total Assets from the begining of last year (Sep21)
to the end of last year (Sep22) was
(1.768 + 7.592 + 13.324 + 11.801 + 11.274) / 5 = $9.1518 Mil.
Total Assets at the begining of last year (Sep21) was $1.77 Mil.
Long-Term Debt & Capital Lease Obligation was $0.42 Mil.
Total Current Assets was $5.34 Mil.
Total Current Liabilities was $13.19 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.

The Planting Hope Co's current Net Income (TTM) was -8.41. ==> 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.

The Planting Hope Co's current Cash Flow from Operations (TTM) was -3.94. ==> 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 (Sep22)
=-8.407/11.274
=-0.74569807

ROA (Last Year)=Net Income/Total Assets (Sep21)
=-14.354/1.768
=-8.11877828

The Planting Hope Co's return on assets of this year was -0.74569807. The Planting Hope Co's return on assets of last year was -8.11877828. ==> 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.

The Planting Hope Co's current Net Income (TTM) was -8.41. The Planting Hope Co's current Cash Flow from Operations (TTM) was -3.94. ==> -3.94 > -8.41 ==> 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: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=4.342/9.80425
=0.44286916

Gearing (Last Year: Sep22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep21 to Sep22
=0.421/9.1518
=0.04600188

The Planting Hope Co's gearing of this year was 0.44286916. The Planting Hope Co's gearing of last year was 0.04600188. ==> 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: Sep23)=Total Current Assets/Total Current Liabilities
=2.635/7.346
=0.35869861

Current Ratio (Last Year: Sep22)=Total Current Assets/Total Current Liabilities
=5.34/13.188
=0.40491356

The Planting Hope Co's current ratio of this year was 0.35869861. The Planting Hope Co's current ratio of last year was 0.40491356. ==> 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.

The Planting Hope Co's number of shares in issue this year was 114.973. The Planting Hope Co's number of shares in issue last year was 92.571. ==> 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
=3.037/7.446
=0.40787

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.712/7.439
=0.4989918

The Planting Hope Co's gross margin of this year was 0.40787. The Planting Hope Co's gross margin of last year was 0.4989918. ==> 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 (Sep22)
=7.446/11.274
=0.66045769

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep21)
=7.439/1.768
=4.20757919

The Planting Hope Co's asset turnover of this year was 0.66045769. The Planting Hope Co's asset turnover of last year was 4.20757919. ==> 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
=0+0+1+1+0+0+0+0+0
=2

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

The Planting Hope Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.


The Planting Hope Co Business Description

Address 725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.