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Talend (Talend) Piotroski F-Score : 2 (As of Apr. 26, 2024)


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What is Talend Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Talend has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

TLND' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 2

During the past 8 years, the highest Piotroski F-Score of Talend was 7. The lowest was 2. And the median was 4.


Talend Piotroski F-Score Historical Data

The historical data trend for Talend'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.

Talend Piotroski F-Score Chart

Talend Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Piotroski F-Score
Get a 7-Day Free Trial 7.00 4.00 3.00 2.00 4.00

Talend Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 4.00 4.00 4.00 4.00 2.00

Competitive Comparison of Talend's Piotroski F-Score

For the Software - Infrastructure subindustry, Talend'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.


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

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

* The bar in red indicates where Talend'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 (Jun21) TTM:Last Year (Jun20) TTM:
Net Income was -20.341 + -19.59 + -23.226 + -22.108 = $-85.3 Mil.
Cash Flow from Operations was -10.733 + -2.925 + 7.667 + -13.802 = $-19.8 Mil.
Revenue was 72.702 + 78.912 + 79.918 + 80.901 = $312.4 Mil.
Gross Profit was 56.084 + 62.353 + 61.9 + 61.454 = $241.8 Mil.
Average Total Assets from the begining of this year (Jun20)
to the end of this year (Jun21) was
(361.163 + 375.032 + 419.73 + 390.024 + 389.775) / 5 = $387.1448 Mil.
Total Assets at the begining of this year (Jun20) was $361.2 Mil.
Long-Term Debt & Capital Lease Obligation was $176.1 Mil.
Total Current Assets was $258.1 Mil.
Total Current Liabilities was $203.5 Mil.
Net Income was -13.511 + -11.689 + -18.142 + -21.509 = $-64.9 Mil.

Revenue was 62.436 + 67.454 + 68.119 + 67.738 = $265.7 Mil.
Gross Profit was 47.688 + 52.281 + 53.354 + 52.532 = $205.9 Mil.
Average Total Assets from the begining of last year (Jun19)
to the end of last year (Jun20) was
(225.103 + 366.148 + 403.917 + 371.539 + 361.163) / 5 = $345.574 Mil.
Total Assets at the begining of last year (Jun19) was $225.1 Mil.
Long-Term Debt & Capital Lease Obligation was $154.9 Mil.
Total Current Assets was $240.9 Mil.
Total Current Liabilities was $168.7 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.

Talend's current Net Income (TTM) was -85.3. ==> 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.

Talend's current Cash Flow from Operations (TTM) was -19.8. ==> 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 (Jun20)
=-85.265/361.163
=-0.23608454

ROA (Last Year)=Net Income/Total Assets (Jun19)
=-64.851/225.103
=-0.28809478

Talend's return on assets of this year was -0.23608454. Talend's return on assets of last year was -0.28809478. ==> 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.

Talend's current Net Income (TTM) was -85.3. Talend's current Cash Flow from Operations (TTM) was -19.8. ==> -19.8 > -85.3 ==> 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: Jun21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun20 to Jun21
=176.054/387.1448
=0.45474975

Gearing (Last Year: Jun20)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun19 to Jun20
=154.885/345.574
=0.44819633

Talend's gearing of this year was 0.45474975. Talend's gearing of last year was 0.44819633. ==> Last year is lower than this year ==> Score 0.

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: Jun21)=Total Current Assets/Total Current Liabilities
=258.061/203.48
=1.26823766

Current Ratio (Last Year: Jun20)=Total Current Assets/Total Current Liabilities
=240.889/168.711
=1.42782036

Talend's current ratio of this year was 1.26823766. Talend's current ratio of last year was 1.42782036. ==> 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.

Talend's number of shares in issue this year was 0. Talend's number of shares in issue last year was 31.428. ==> 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
=241.791/312.433
=0.77389712

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=205.855/265.747
=0.77462775

Talend's gross margin of this year was 0.77389712. Talend's gross margin of last year was 0.77462775. ==> 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 (Jun20)
=312.433/361.163
=0.86507477

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun19)
=265.747/225.103
=1.18055734

Talend's asset turnover of this year was 0.86507477. Talend's asset turnover of last year was 1.18055734. ==> 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+0+1+1+0+0+1+0+0
=3

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

Talend has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Talend  (NAS:TLND) 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.


Talend Piotroski F-Score Related Terms

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Talend (Talend) Business Description

Traded in Other Exchanges
N/A
Address
800 Bridge Parkway, Suite 200, Redwood City, CA, USA, 94065
Talend SA is engaged in providing open source software. Its software platform, Data Fabric, integrates data and applications in real time across modern big data and cloud environments as well as traditional systems. The company provides various products and solutions such as cloud data lakes, google cloud platform, cloud for a snowflake, AWS Cloud, data integration, API and application integration, and others. It provides a solution to industries; ecosystems; technologies and business initiatives. Geographically, it derives a majority of revenue from the Americas and also has a presence in EMEA and the Asia Pacific.
Executives
Adam Meister officer: Chief Financial Officer C/O TALEND INC 800 BRIDGE PARKWAY SUITE 200 REDWOOD CITY CA 94065
Krishna Tammana officer: Chief Technology Officer C/O TALEND, INC. 800 BRIDGE PARKWAY REDWOOD CITY CA 94065
Jamie Kiser officer: Chief Operating Officer C/O TALEND, INC. 800 BRIDGE PARKWAY REDWOOD CITY CA 94065
Laurent Bride officer: COO & CTO C/O TALEND INC 800 BRIDGE PARKWAY SUITE 200 REDWOOD CITY CA 94065
Christal Bemont director, officer: Chief Executive Officer C/O TALEND, INC. 800 BRIDGE PARKWAY REDWOOD CITY CA 94065
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Patrick S Jones director 5555 NE MOORE CT, HILLSBORO OR 97124
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Brian Lillie director 1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Mark Thomas Nelson director C/O TABLEAU SOFTWARE, INC. 1621 N 34TH ST SEATTLE WA 98103
Michael Tuchen director C/O TALEND INC 800 BRIDGE PARKWAY SUITE 200 REDWOOD CITY CA 94065
Ann Christel Graham officer: Chief Revenue Officer C/O TALEND INC 800 BRIDGE PARKWAY SUITE 200 REDWOOD CITY CA 94065
John Brennan director C/O BLACKLINE, INC., 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Nanci Caldwell director C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171