GURUFOCUS.COM » STOCK LIST » Technology » Software » Paltalk Inc (NAS:PALT) » Definitions » Piotroski F-Score

Paltalk (Paltalk) Piotroski F-Score : 5 (As of May. 05, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Paltalk 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

Paltalk 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 Paltalk's Piotroski F-Score or its related term are showing as below:

PALT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Paltalk was 8. The lowest was 2. And the median was 4.


Paltalk Piotroski F-Score Historical Data

The historical data trend for Paltalk'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.

Paltalk Piotroski F-Score Chart

Paltalk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 8.00 4.00 3.00 5.00

Paltalk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Paltalk's Piotroski F-Score

For the Software - Application subindustry, Paltalk'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.


Paltalk's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Paltalk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Paltalk'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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was -0.738 + 0.136 + -0.182 + -0.283 = $-1.07 Mil.
Cash Flow from Operations was -0.803 + -0.194 + 0.016 + -0.099 = $-1.08 Mil.
Revenue was 2.564 + 2.956 + 2.768 + 2.692 = $10.98 Mil.
Gross Profit was 1.762 + 2.182 + 1.941 + 1.857 = $7.74 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(25.432 + 24.26 + 24.387 + 24.095 + 23.887) / 5 = $24.4122 Mil.
Total Assets at the begining of this year (Dec22) was $25.43 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $14.77 Mil.
Total Current Liabilities was $3.14 Mil.
Net Income was -0.739 + -1.129 + -1.05 + -0.494 = $-3.41 Mil.

Revenue was 2.927 + 2.644 + 2.623 + 2.795 = $10.99 Mil.
Gross Profit was 2.275 + 1.983 + 1.848 + 2.06 = $8.17 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(28.883 + 27.547 + 27.674 + 26.252 + 25.432) / 5 = $27.1576 Mil.
Total Assets at the begining of last year (Dec21) was $28.88 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Total Current Assets was $15.41 Mil.
Total Current Liabilities was $3.66 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.

Paltalk's current Net Income (TTM) was -1.07. ==> 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.

Paltalk's current Cash Flow from Operations (TTM) was -1.08. ==> 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 (Dec22)
=-1.067/25.432
=-0.04195502

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-3.412/28.883
=-0.11813177

Paltalk's return on assets of this year was -0.04195502. Paltalk's return on assets of last year was -0.11813177. ==> 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.

Paltalk's current Net Income (TTM) was -1.07. Paltalk's current Cash Flow from Operations (TTM) was -1.08. ==> -1.08 <= -1.07 ==> CFROA <= ROA ==> Score 0.

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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/24.4122
=0

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=0.077/27.1576
=0.0028353

Paltalk's gearing of this year was 0. Paltalk's gearing of last year was 0.0028353. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=14.766/3.139
=4.70404587

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=15.405/3.663
=4.20556921

Paltalk's current ratio of this year was 4.70404587. Paltalk's current ratio of last year was 4.20556921. ==> 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.

Paltalk's number of shares in issue this year was 9.222. Paltalk's number of shares in issue last year was 9.23. ==> 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
=7.742/10.98
=0.70510018

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8.166/10.989
=0.74310674

Paltalk's gross margin of this year was 0.70510018. Paltalk's gross margin of last year was 0.74310674. ==> 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 (Dec22)
=10.98/25.432
=0.43173954

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=10.989/28.883
=0.38046602

Paltalk's asset turnover of this year was 0.43173954. Paltalk's asset turnover of last year was 0.38046602. ==> 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+1+0+1+1+1+0+1
=5

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

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

Paltalk  (NAS:PALT) 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.


Paltalk Piotroski F-Score Related Terms

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


Paltalk (Paltalk) Business Description

Traded in Other Exchanges
N/A
Address
30 Jericho Executive Plaza, Suite 400E, Jericho, NY, USA, 11753
Paltalk Inc is a communications software innovator. It operates a network of consumer applications where users can meet, see, chat, broadcast and message in real-time in a secure environment with others in the network. The company's product portfolio includes Paltalk, Camfrog, Tinychat and Vumber. Its consumer applications generate revenue principally from subscription fees and advertising arrangements. The company's major revenue-generating live video chat products are Paltalk and Camfrog.
Executives
Geoffrey Cook director 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
J. Crew Delaware Trust B 10 percent owner J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713
Jason Katz director, officer: CHMN of the Board, PRES & COO C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017
Adam Zalko officer: Vice President of Engineering 30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753
Yoram Abada director C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Clifford Lerner director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors 462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Kara B Jenny officer: Chief Financial Officer C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905
Michael Gwynne Jones director 24460 MALIBU ROAD, MALIBU CA 90265
Lance Laifer director 1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545
John Silberstein director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Michael Levit director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Eric Sackowitz officer: Chief Technology Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Arash Vakil officer: Chief Product Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
J. Crew Delaware Trust A 10 percent owner C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713
Judy Krandel director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018