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Web.com Group (Web.com Group) Piotroski F-Score : 0 (As of May. 12, 2024)


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What is Web.com Group 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

Web.com Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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


Web.com Group Piotroski F-Score Historical Data

The historical data trend for Web.com Group'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.

Web.com Group Piotroski F-Score Chart

Web.com Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 7.00 6.00 6.00

Web.com Group Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 6.00 5.00 6.00 8.00 7.00

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 (Jun18) TTM:Last Year (Jun17) TTM:
Net Income was 8.301 + 30.766 + 4.576 + 6.212 = $49.9 Mil.
Cash Flow from Operations was 33.864 + 38.99 + 27.165 + 31.303 = $131.3 Mil.
Revenue was 188.567 + 188.845 + 186.741 + 186.69 = $750.8 Mil.
Gross Profit was 129.153 + 128.178 + 124.027 + 125.386 = $506.7 Mil.
Average Total Assets from the begining of this year (Jun17)
to the end of this year (Jun18) was
(1530.943 + 1501.375 + 1496.243 + 1495.671 + 1500.441) / 5 = $1504.9346 Mil.
Total Assets at the begining of this year (Jun17) was $1,530.9 Mil.
Long-Term Debt & Capital Lease Obligation was $638.1 Mil.
Total Current Assets was $141.9 Mil.
Total Current Liabilities was $298.7 Mil.
Net Income was 3.346 + 1.913 + 6.518 + 8.046 = $19.8 Mil.

Revenue was 190.686 + 187.202 + 185.118 + 186.731 = $749.7 Mil.
Gross Profit was 132.306 + 130.359 + 127.196 + 128.204 = $518.1 Mil.
Average Total Assets from the begining of last year (Jun16)
to the end of last year (Jun17) was
(1558.061 + 1545.197 + 1513.833 + 1531.486 + 1530.943) / 5 = $1535.904 Mil.
Total Assets at the begining of last year (Jun16) was $1,558.1 Mil.
Long-Term Debt & Capital Lease Obligation was $640.2 Mil.
Total Current Assets was $132.3 Mil.
Total Current Liabilities was $321.9 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.

Web.com Group's current Net Income (TTM) was 49.9. ==> Positive ==> Score 1.

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.

Web.com Group's current Cash Flow from Operations (TTM) was 131.3. ==> 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 (Jun17)
=49.855/1530.943
=0.0325649

ROA (Last Year)=Net Income/Total Assets (Jun16)
=19.823/1558.061
=0.01272287

Web.com Group's return on assets of this year was 0.0325649. Web.com Group's return on assets of last year was 0.01272287. ==> 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.

Web.com Group's current Net Income (TTM) was 49.9. Web.com Group's current Cash Flow from Operations (TTM) was 131.3. ==> 131.3 > 49.9 ==> 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: Jun18)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun17 to Jun18
=638.101/1504.9346
=0.4240058

Gearing (Last Year: Jun17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun16 to Jun17
=640.202/1535.904
=0.41682423

Web.com Group's gearing of this year was 0.4240058. Web.com Group's gearing of last year was 0.41682423. ==> 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: Jun18)=Total Current Assets/Total Current Liabilities
=141.899/298.707
=0.47504411

Current Ratio (Last Year: Jun17)=Total Current Assets/Total Current Liabilities
=132.318/321.896
=0.41105823

Web.com Group's current ratio of this year was 0.47504411. Web.com Group's current ratio of last year was 0.41105823. ==> 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.

Web.com Group's number of shares in issue this year was 49.236. Web.com Group's number of shares in issue last year was 51.186. ==> 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
=506.744/750.843
=0.67490008

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=518.065/749.737
=0.69099564

Web.com Group's gross margin of this year was 0.67490008. Web.com Group's gross margin of last year was 0.69099564. ==> 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 (Jun17)
=750.843/1530.943
=0.49044478

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun16)
=749.737/1558.061
=0.48119875

Web.com Group's asset turnover of this year was 0.49044478. Web.com Group's asset turnover of last year was 0.48119875. ==> 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
=1+1+1+1+0+1+1+0+1
=7

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

Web.com Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Web.com Group  (NAS:WEB) 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.


Web.com Group Piotroski F-Score Related Terms

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Web.com Group (Web.com Group) Business Description

Traded in Other Exchanges
N/A
Address
Web.com Group Inc provides a range of internet services to small businesses to help them compete and succeed online. The company offers a range of Web services and products that enable small businesses to establish, maintain, promote, and optimize their online presence. It meets the needs of small businesses anywhere along their lifecycle with affordable, subscription-based solutions including domains, hosting, website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and E-commerce solutions. Geographically, the group operates through the market of United States and derives revenue through source of subscription.
Executives
Kevin M Carney officer: Executive Vice President 12735 GRAN BAY PARKWAY WEST, BUILDING 200, JACKSONVILLE FL 32258
Timothy I Maudlin director 18739 VOGEL FARM TRAIL, EDEN PRAIRIE MN 55347
Hugh M Durden director
Timothy Cost director
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Anton J Levy director 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic, L.p. 10 percent owner, other: *See Remarks 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapstar Llc 10 percent owner, other: *See Remarks 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gapco Gmbh & Co Kg 10 percent owner, other: *See Remarks C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
Management Gmbh Gapco 10 percent owner, other: *See Remarks C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gap-w, Llc 10 percent owner, other: *See Remarks 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic Genpar, L.p. 10 percent owner, other: *See Remarks 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners 83, L.p. 10 percent owner, other: *See Remarks 55 EAST 52ND STREET, 32ND FLOOR NEW YORK NY 10055

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