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


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What is Paratek Pharmaceuticals 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

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

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

During the past 13 years, the highest Piotroski F-Score of Paratek Pharmaceuticals was 5. The lowest was 1. And the median was 3.


Paratek Pharmaceuticals Piotroski F-Score Historical Data

The historical data trend for Paratek Pharmaceuticals'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.

Paratek Pharmaceuticals Piotroski F-Score Chart

Paratek Pharmaceuticals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.00 3.00 4.00 2.00

Paratek Pharmaceuticals Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.00 3.00 5.00

Competitive Comparison of Paratek Pharmaceuticals's Piotroski F-Score

For the Biotechnology subindustry, Paratek Pharmaceuticals'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.


Paratek Pharmaceuticals's Piotroski F-Score Distribution in the Biotechnology Industry

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

* The bar in red indicates where Paratek Pharmaceuticals'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 (Jun23) TTM:Last Year (Jun22) TTM:
Net Income was -20.88 + -7.157 + -20.143 + -14.553 = $-62.7 Mil.
Cash Flow from Operations was -12.419 + -20.113 + 11.09 + -1.776 = $-23.2 Mil.
Revenue was 27.845 + 72.627 + 29.208 + 38.062 = $167.7 Mil.
Gross Profit was 23.473 + 62.315 + 22.964 + 33.694 = $142.4 Mil.
Average Total Assets from the begining of this year (Jun22)
to the end of this year (Jun23) was
(163.695 + 157.321 + 172.538 + 150.828 + 145.792) / 5 = $158.0348 Mil.
Total Assets at the begining of this year (Jun22) was $163.7 Mil.
Long-Term Debt & Capital Lease Obligation was $95.7 Mil.
Total Current Assets was $105.2 Mil.
Total Current Liabilities was $202.6 Mil.
Net Income was -18.202 + -32.253 + -17.91 + -17.619 = $-86.0 Mil.

Revenue was 21.436 + 29.298 + 22.762 + 27.555 = $101.1 Mil.
Gross Profit was 17.147 + 24.58 + 19.268 + 22.677 = $83.7 Mil.
Average Total Assets from the begining of last year (Jun21)
to the end of last year (Jun22) was
(179.588 + 182.348 + 183.869 + 170.157 + 163.695) / 5 = $175.9314 Mil.
Total Assets at the begining of last year (Jun21) was $179.6 Mil.
Long-Term Debt & Capital Lease Obligation was $258.0 Mil.
Total Current Assets was $127.8 Mil.
Total Current Liabilities was $30.1 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.

Paratek Pharmaceuticals's current Net Income (TTM) was -62.7. ==> 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.

Paratek Pharmaceuticals's current Cash Flow from Operations (TTM) was -23.2. ==> 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 (Jun22)
=-62.733/163.695
=-0.38323101

ROA (Last Year)=Net Income/Total Assets (Jun21)
=-85.984/179.588
=-0.47878477

Paratek Pharmaceuticals's return on assets of this year was -0.38323101. Paratek Pharmaceuticals's return on assets of last year was -0.47878477. ==> 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.

Paratek Pharmaceuticals's current Net Income (TTM) was -62.7. Paratek Pharmaceuticals's current Cash Flow from Operations (TTM) was -23.2. ==> -23.2 > -62.7 ==> 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: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Jun23
=95.714/158.0348
=0.60565141

Gearing (Last Year: Jun22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Jun22
=258.007/175.9314
=1.46652047

Paratek Pharmaceuticals's gearing of this year was 0.60565141. Paratek Pharmaceuticals's gearing of last year was 1.46652047. ==> 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: Jun23)=Total Current Assets/Total Current Liabilities
=105.227/202.619
=0.51933432

Current Ratio (Last Year: Jun22)=Total Current Assets/Total Current Liabilities
=127.768/30.1
=4.24478405

Paratek Pharmaceuticals's current ratio of this year was 0.51933432. Paratek Pharmaceuticals's current ratio of last year was 4.24478405. ==> 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.

Paratek Pharmaceuticals's number of shares in issue this year was 57.282. Paratek Pharmaceuticals's number of shares in issue last year was 53.023. ==> 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
=142.446/167.742
=0.84919698

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=83.672/101.051
=0.82801754

Paratek Pharmaceuticals's gross margin of this year was 0.84919698. Paratek Pharmaceuticals's gross margin of last year was 0.82801754. ==> 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 (Jun22)
=167.742/163.695
=1.02472281

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun21)
=101.051/179.588
=0.56268236

Paratek Pharmaceuticals's asset turnover of this year was 1.02472281. Paratek Pharmaceuticals's asset turnover of last year was 0.56268236. ==> 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+1+1+0+0+1+1
=5

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

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

Paratek Pharmaceuticals  (NAS:PRTK) 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.


Paratek Pharmaceuticals Piotroski F-Score Related Terms

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Paratek Pharmaceuticals (Paratek Pharmaceuticals) Business Description

Traded in Other Exchanges
N/A
Address
75 Park Plaza, 4th Floor, Boston, MA, USA, 02116
Paratek Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company's medical research is based on tetracycline chemistry and biology to create two antibacterials: omadacycline and sarecycline. NUZYRA (Omadacycline) is an antibacterial for skin infections and treatment of community-acquired bacterial pneumonia. SEYSARA (Sarecycline) is designed for use in the treatment of acne and rosacea. Paratek Pharmaceuticals is also involved in research to treat multiple sclerosis, spinal muscular atrophy, and systemic inflammatory diseases such as rheumatoid arthritis and inflammatory bowel diseases.
Executives
Minnie Baylor-henry director C/O SCPHARMACUETICALS, INC., 2400 DISTRICT AVENUE SUITE 310, BURLINGTON MA 01803
Kristine Peterson director AMARIN CORPORATION, MYSTIC PACKER BLDG., 12 ROOSEVELT AVENUE, MYSTIC CT 06355
Timothy R Franson director 320 WAKARA WAY, SALT LAKE CITY UT 84108
Jeffrey Stein director 6310 NANCY RIDGE DRIVE, SUITE 101, SAN DIEGO CA 92121
Thomas John Dietz director C/O TRANSCEPT PHARMACEUTICAL, INC., 1003 W. CUTTING BLVD, STE 110, PT. RICHMOND CA 94804
Evan Loh director, officer: CEO 75 KNEELAND STREET, BOSTON MA 02111
William M. Haskel officer: CLO, General Counsel & Sec. ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Adam Woodrow officer: President & Chief Commercial C/O PARATEK PHARMACEUTICALS, INC., 75 KNEELAND STREET, BOSTON MA 02111
Randall B. Brenner officer: Chief Development & Regulatory C/O PARATEK PHARMACEUTICALS, INC., 75 PARK PLAZA, 4TH FLOOR, BOSTON MA 02116
Robert S Radie director 101 LINDENWOOD DRIVE, SUITE 225, MALVERN PA 19355
Rolf K Hoffmann director LORBEERWEG 7, WEGGIS V8 CH-6353
Michael Bigham director, officer: Exec. Chairman of the Board 890 WINTER STREET, WALTHAM MA 02451
James D Dondero 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Douglas W. Pagan officer: Chief Financial Officer 75 KNEELAND STREET, BOSTON MA 02111
Omega Fund Iv, L.p. 10 percent owner 888 BOYLSTON ST., SUITE 1111, BOSTON MA 02199

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