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CHRS (Coherus Oncology) Piotroski F-Score : 5 (As of Jul. 08, 2025)


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What is Coherus Oncology 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

Coherus Oncology has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

CHRS' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Coherus Oncology was 6. The lowest was 1. And the median was 3.


Coherus Oncology Piotroski F-Score Historical Data

The historical data trend for Coherus Oncology'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.

Coherus Oncology Piotroski F-Score Chart

Coherus Oncology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 1.00 2.00 4.00

Coherus Oncology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.00 5.00

Competitive Comparison of Coherus Oncology's Piotroski F-Score

For the Biotechnology subindustry, Coherus Oncology'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.


Coherus Oncology's Piotroski F-Score Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Coherus Oncology's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Coherus Oncology'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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was -12.921 + -10.751 + -50.696 + -56.569 = $-130.9 Mil.
Cash Flow from Operations was 59.734 + -62.016 + 28.608 + -25.826 = $0.5 Mil.
Revenue was 64.979 + 70.774 + 54.144 + 7.599 = $197.5 Mil.
Gross Profit was 36.611 + 50.033 + 20.286 + 4.946 = $111.9 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(763.545 + 674.855 + 505 + 448.533 + 371.066) / 5 = $552.5998 Mil.
Total Assets at the begining of this year (Mar24) was $763.5 Mil.
Long-Term Debt & Capital Lease Obligation was $268.2 Mil.
Total Current Assets was $310.2 Mil.
Total Current Liabilities was $255.0 Mil.
Net Income was -42.869 + -39.641 + -79.653 + 102.875 = $-59.3 Mil.

Revenue was 58.716 + 74.568 + 91.524 + 2.308 = $227.1 Mil.
Gross Profit was 33.868 + 41.865 + 6.957 + 0.869 = $83.6 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(402.426 + 469.591 + 583.783 + 629.604 + 763.545) / 5 = $569.7898 Mil.
Total Assets at the begining of last year (Mar23) was $402.4 Mil.
Long-Term Debt & Capital Lease Obligation was $304.4 Mil.
Total Current Assets was $627.5 Mil.
Total Current Liabilities was $538.3 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.

Coherus Oncology's current Net Income (TTM) was -130.9. ==> 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.

Coherus Oncology's current Cash Flow from Operations (TTM) was 0.5. ==> 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 (Mar24)
=-130.937/763.545
=-0.17148564

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-59.288/402.426
=-0.14732646

Coherus Oncology's return on assets of this year was -0.17148564. Coherus Oncology's return on assets of last year was -0.14732646. ==> 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.

Coherus Oncology's current Net Income (TTM) was -130.9. Coherus Oncology's current Cash Flow from Operations (TTM) was 0.5. ==> 0.5 > -130.9 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=268.204/552.5998
=0.48534943

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=304.352/569.7898
=0.53414786

Coherus Oncology's gearing of this year was 0.48534943. Coherus Oncology's gearing of last year was 0.53414786. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=310.175/255.042
=1.21617224

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=627.477/538.303
=1.16565763

Coherus Oncology's current ratio of this year was 1.21617224. Coherus Oncology's current ratio of last year was 1.16565763. ==> 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.

Coherus Oncology's number of shares in issue this year was 115.858. Coherus Oncology's number of shares in issue last year was 112.749. ==> 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
=111.876/197.496
=0.56647223

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=83.559/227.116
=0.36791331

Coherus Oncology's gross margin of this year was 0.56647223. Coherus Oncology's gross margin of last year was 0.36791331. ==> 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 (Mar24)
=197.496/763.545
=0.25865666

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=227.116/402.426
=0.56436711

Coherus Oncology's asset turnover of this year was 0.25865666. Coherus Oncology's asset turnover of last year was 0.56436711. ==> 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+1+0+1+1+1+0+1+0
=5

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

Coherus Oncology has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Coherus Oncology  (NAS:CHRS) 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.


Coherus Oncology Piotroski F-Score Related Terms

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Coherus Oncology Business Description

Traded in Other Exchanges
Address
333 Twin Dolphin Drive, Suite 600, Redwood City, CA, USA, 94065
Coherus BioSciences Inc is a commercial-stage biopharmaceutical company focused on the research, development and commercialization of innovative immunotherapies to treat cancer. Coherus is developing an innovative immuno-oncology pipeline which includes multiple antibody immunotherapy candidates focused on enhancing the innate and adaptive immune responses to enable a robust antitumor immunologic response and enhance outcomes for patients with cancer.
Executives
Mats Wahlstrom director 500 GOLDEN RIDGE ROAD, SUITE 100, GOLDEN CO 80401
Dennis M Lanfear director, officer: President and CEO C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Michael Lee Ryan director C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Mcdavid Stilwell officer: Chief Financial Officer C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Bryan J Mcmichael officer: See Remarks C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, REDWOOD CITY CA 94065
Paul Reider officer: Chief Commercial Officer C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Jill O'donnell-tormey director C/O COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Charles W. Newton director 46 FREDRICK AVENUE, ATHERTON CA 94027
Lee Nisley Newcomer director 264 BUSHAWAY ROAD, WAYZATA MN 55391-1901
James Healy director 3000 SAND HILL ROAD, 4-250, MENLO PARK CA 94025
Vladimir Vexler officer: Chief Scientific Officer 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Vincent R Anicetti officer: Chief, Quality & Compliance COHERUS BIOSCIENCES, INC., 333 TWIN DOLPHIN DRIVE, SUITE 600, REDWOOD CITY CA 94065
Jean-frederic Viret officer: Chief Financial Officer ANESIVA, INC., 650 GATEWAY BLVD., SOUTH SAN FRANCISCO CA 94080
Mark Stolper director 150 COTNER AVENUE, LOS ANGELES CA 90025
Alan C Mendelson director ALAN C MENDELSON, 135 COMMONWEALTH DR, MENLO PARK CA 94025