Pono Capital (Pono Capital) Piotroski F-Score

View and export this data going back to 2021. Start your Free Trial

What is Pono Capital Piotroski F-Score?

Pono Capital does not have enough data to calculate Piotroski F-Score.

Pono Capital Piotroski F-Score Historical Data

The historical data trend for Pono Capital'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.

Pono Capital Piotroski F-Score Chart

Pono Capital Annual Data

Trend

Dec21

Piotroski F-Score

N/A

Pono Capital Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Piotroski F-Score	Get a 7-Day Free Trial			N/A	N/A	N/A	N/A	N/A

Pono Capital (NAS:PONO) 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.

Pono Capital Piotroski F-Score Related Terms

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

Pono Capital (Pono Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pono Capital Corp (NAS:PONO) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

643 Ilalo Street, Honolulu, HI, USA, 96813

Website

Pono Capital Corp is a blank check company.

Executives

Dustin M Shindo	director, 10 percent owner, officer: Chief Executive Officer	HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Mike K Sayama	director	220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Trisha Nomura	officer: Chief Financial Officer	643 ILALO STREET, HONOLULU HI 96813
Hank Wuh	director, 10 percent owner, officer: Chief Strategy Officer	643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba	director	643 ILALO STREET, HONOLULU HI 96813
Steve Iwamura	director	643 ILALO STREET, HONOLULU HI 96813
Mehana Equity Llc	10 percent owner	643 ILALO STREET, HONOLULU HI 96813