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RetailMeNot (RetailMeNot) Piotroski F-Score : 0 (As of Apr. 25, 2024)


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What is RetailMeNot 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

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


RetailMeNot Piotroski F-Score Historical Data

The historical data trend for RetailMeNot'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.

RetailMeNot Piotroski F-Score Chart

RetailMeNot Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Piotroski F-Score
Get a 7-Day Free Trial - - 4.00 5.00 6.00

RetailMeNot Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 5.00 5.00 5.00 6.00 5.00

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 (Mar17) TTM:Last Year (Mar16) TTM:
Net Income was -0.471 + 0.114 + 2.361 + -3.782 = $-1.8 Mil.
Cash Flow from Operations was 14.815 + 2.219 + -4.515 + 16.87 = $29.4 Mil.
Revenue was 64.25 + 64.637 + 96.885 + 69.614 = $295.4 Mil.
Gross Profit was 49.345 + 46.396 + 73.72 + 47.294 = $216.8 Mil.
Average Total Assets from the begining of this year (Mar16)
to the end of this year (Mar17) was
(573.113 + 582.436 + 577.478 + 582.007 + 572.35) / 5 = $577.4768 Mil.
Total Assets at the begining of this year (Mar16) was $573.1 Mil.
Long-Term Debt & Capital Lease Obligation was $48.7 Mil.
Total Current Assets was $295.9 Mil.
Total Current Liabilities was $36.3 Mil.
Net Income was -1.591 + 0.343 + 9.037 + -0.036 = $7.8 Mil.

Revenue was 53.18 + 52.412 + 83.139 + 54.649 = $243.4 Mil.
Gross Profit was 48.004 + 47.901 + 78.268 + 49.449 = $223.6 Mil.
Average Total Assets from the begining of last year (Mar15)
to the end of last year (Mar16) was
(604.743 + 607.736 + 600.159 + 602.624 + 573.113) / 5 = $597.675 Mil.
Total Assets at the begining of last year (Mar15) was $604.7 Mil.
Long-Term Debt & Capital Lease Obligation was $58.5 Mil.
Total Current Assets was $310.4 Mil.
Total Current Liabilities was $32.7 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.

RetailMeNot's current Net Income (TTM) was -1.8. ==> 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.

RetailMeNot's current Cash Flow from Operations (TTM) was 29.4. ==> 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 (Mar16)
=-1.778/573.113
=-0.00310236

ROA (Last Year)=Net Income/Total Assets (Mar15)
=7.753/604.743
=0.01282032

RetailMeNot's return on assets of this year was -0.00310236. RetailMeNot's return on assets of last year was 0.01282032. ==> 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.

RetailMeNot's current Net Income (TTM) was -1.8. RetailMeNot's current Cash Flow from Operations (TTM) was 29.4. ==> 29.4 > -1.8 ==> 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: Mar17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar16 to Mar17
=48.722/577.4768
=0.08437049

Gearing (Last Year: Mar16)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar15 to Mar16
=58.474/597.675
=0.09783578

RetailMeNot's gearing of this year was 0.08437049. RetailMeNot's gearing of last year was 0.09783578. ==> 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: Mar17)=Total Current Assets/Total Current Liabilities
=295.908/36.335
=8.14388331

Current Ratio (Last Year: Mar16)=Total Current Assets/Total Current Liabilities
=310.424/32.66
=9.50471525

RetailMeNot's current ratio of this year was 8.14388331. RetailMeNot's current ratio of last year was 9.50471525. ==> 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.

RetailMeNot's number of shares in issue this year was 48.059. RetailMeNot's number of shares in issue last year was 49.188. ==> 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
=216.755/295.386
=0.73380255

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=223.622/243.38
=0.91881831

RetailMeNot's gross margin of this year was 0.73380255. RetailMeNot's gross margin of last year was 0.91881831. ==> 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 (Mar16)
=295.386/573.113
=0.51540621

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar15)
=243.38/604.743
=0.40245195

RetailMeNot's asset turnover of this year was 0.51540621. RetailMeNot's asset turnover of last year was 0.40245195. ==> 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+1+0+1+1+0+1+0+1
=5

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

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

RetailMeNot  (NAS:SALE) 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.


RetailMeNot Piotroski F-Score Related Terms

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RetailMeNot (RetailMeNot) Business Description

Traded in Other Exchanges
N/A
Address
RetailMeNot Inc was formed in September 2007. The Company operates a digital savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. Digital offers are offers, offer codes and brand or category specific discounts made available online or through mobile applications that are used by consumers to make online or in-store purchases directly from retailers. Digital offers can include coupons, sales, consumer tips, advertisements, discounted digital gift cards redeemable at retailers or cash-back rebates associated with the purchase of a product or a consumer action. The Company's websites, mobile applications, email newsletters and alerts and social media presence enable consumers to search for, discover and redeem hundreds of thousands of relevant digital offers from retailers and brands. Its marketplace features digital offers across multiple product categories, including clothing; electronics; health and beauty; home and office; travel, dining and entertainment; personal and business services; and shoes. The Company provides its retailers and brands access to consumer. Its product development approach is centered on building products that enable consumers to discover quality digital offers, virtually anytime and anywhere, and redeem them online or in-store. The Company's products and services for consumers are free of charge and available through its websites and mobile applications. The Company offers its consumers hundreds of thousands of digital offers from tens of thousands of retailers and brands across multiple product categories. Its mobile applications allow consumers to shop when and where consumer want. Consumers use the mobile applications to discover, store for use later and access the digital offers it wants and to redeem them both online and in-store. The consumers can browse top digital offers, popular stores and product category listings. The Company's mobile applications also allow users to share digital offers with others via email, text message or through social media channels. Its competitors include Goodsearch, bradsdeals, savings.com, Tech Bargains and Coupon Cabin, Groupon, Living Social, Coupons.com and PayPal. The Company's operations are subject to general business regulations and laws as well as regulations and laws specifically governing the Internet, e-commerce and mobile commerce, or m-commerce, in a number of jurisdictions around the world.
Executives
Thomas Aylor officer: Vice President, Finance 11305 FOUR POINTS DR, BUILDING II THIRD FLOOR, AUSTIN TX 78726
Di Valerio J Scott officer: Chief Financial Officer RETAILMENOT, INC., 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jules A. Maltz director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Tamar Yehoshua director 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Greg J Santora director 4201 GRANT COURT, PLEASANTON CA 94566
Jeffrey Crowe director 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Kenneth P Deangelis 10 percent owner 300 WEST SIXTH ST STE 2300, AUSTIN TX 78701
Av Partners X, L.p. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners X, L.l.c. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures X Lp 10 percent owner 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Llc 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701