GURUFOCUS.COM » STOCK LIST » USA » NAS » WillScot Mobile Mini Holdings Corp (NAS:WSC) » Definitions » Piotroski F-Score
Switch to:

WillScot Mobile Mini Holdings Piotroski F-Score

: 8 (As of Today)
View and export this data going back to 2015. Start your Free Trial

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

WillScot Mobile Mini Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

WSC' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 8

During the past 7 years, the highest Piotroski F-Score of WillScot Mobile Mini Holdings was 8. The lowest was 3. And the median was 5.


WillScot Mobile Mini Holdings Piotroski F-Score Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Piotroski F-Score
Premium Member Only Premium Member Only 3.00 5.00 5.00 7.00 7.00

WillScot Mobile Mini Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only 7.00 6.00 7.00 8.00 -

Competitive Comparison

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.

   

WillScot Mobile Mini Holdings Piotroski F-Score Distribution

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings'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 (Mar22) TTM:Last Year (Mar21) TTM:
Net Income was 20.371 + 61.103 + 74.223 + 51.171 = $207 Mil.
Cash Flow from Operations was 139.537 + 130.447 + 147.847 + 145.527 = $563 Mil.
Revenue was 461.102 + 490.552 + 517.92 + 508.894 = $1,978 Mil.
Gross Profit was 222.81 + 253.549 + 278.469 + 266.815 = $1,022 Mil.
Average Total Assets from the begining of this year (Mar21)
to the end of this year (Mar22) was
(5538.875 + 5559.713 + 5644.181 + 5773.599 + 5857.773) / 5 = $5674.8282 Mil.
Total Assets at the begining of this year (Mar21) was $5,539 Mil.
Long-Term Debt & Capital Lease Obligation was $2,979 Mil.
Total Current Assets was $496 Mil.
Total Current Liabilities was $529 Mil.
Net Income was -15.473 + -6.051 + 3.866 + 4.447 = $-13 Mil.

Revenue was 256.862 + 417.315 + 437.647 + 425.323 = $1,537 Mil.
Gross Profit was 109.964 + 209.564 + 234.255 + 213.38 = $767 Mil.
Average Total Assets from the begining of last year (Mar20)
to the end of last year (Mar21) was
(2857.737 + 3501.54 + 5624.85 + 5572.205 + 5538.875) / 5 = $4619.0414 Mil.
Total Assets at the begining of last year (Mar20) was $2,858 Mil.
Long-Term Debt & Capital Lease Obligation was $2,635 Mil.
Total Current Assets was $404 Mil.
Total Current Liabilities was $449 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.

WillScot Mobile Mini Holdings's current Net Income (TTM) was 207. ==> 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.

WillScot Mobile Mini Holdings's current Cash Flow from Operations (TTM) was 563. ==> 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 (Mar21)
=206.868/5538.875
=0.03734838

ROA (Last Year)=Net Income/Total Assets (Mar20)
=-13.211/2857.737
=-0.00462289

WillScot Mobile Mini Holdings's return on assets of this year was 0.03734838. WillScot Mobile Mini Holdings's return on assets of last year was -0.00462289. ==> 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.

WillScot Mobile Mini Holdings's current Net Income (TTM) was 207. WillScot Mobile Mini Holdings's current Cash Flow from Operations (TTM) was 563. ==> 563 > 207 ==> 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: Mar22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar21 to Mar22
=2978.772/5674.8282
=0.52490964

Gearing (Last Year: Mar21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar20 to Mar21
=2634.847/4619.0414
=0.57043156

WillScot Mobile Mini Holdings's gearing of this year was 0.52490964. WillScot Mobile Mini Holdings's gearing of last year was 0.57043156. ==> 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: Mar22)=Total Current Assets/Total Current Liabilities
=495.596/529.272
=0.93637298

Current Ratio (Last Year: Mar21)=Total Current Assets/Total Current Liabilities
=404.056/448.614
=0.90067631

WillScot Mobile Mini Holdings's current ratio of this year was 0.93637298. WillScot Mobile Mini Holdings's current ratio of last year was 0.90067631. ==> 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.

WillScot Mobile Mini Holdings's number of shares in issue this year was 228.956. WillScot Mobile Mini Holdings's number of shares in issue last year was 234.72. ==> 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
=1021.643/1978.468
=0.51638086

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=767.163/1537.147
=0.49908239

WillScot Mobile Mini Holdings's gross margin of this year was 0.51638086. WillScot Mobile Mini Holdings's gross margin of last year was 0.49908239. ==> 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 (Mar21)
=1978.468/5538.875
=0.35719672

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar20)
=1537.147/2857.737
=0.5378896

WillScot Mobile Mini Holdings's asset turnover of this year was 0.35719672. WillScot Mobile Mini Holdings's asset turnover of last year was 0.5378896. ==> 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
=1+1+1+1+1+1+1+1+0
=8

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

WillScot Mobile Mini Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

WillScot Mobile Mini Holdings  (NAS:WSC) 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.


WillScot Mobile Mini Holdings Piotroski F-Score Related Terms

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


WillScot Mobile Mini Holdings Business Description

WillScot Mobile Mini Holdings logo
Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a North American company providing modular space and portable storage solutions. The company leases turnkey office space and storage solutions for temporary applications across a diverse customer base in the commercial and industrial, construction, retail, education, health care, government, transportation, security, and energy sectors. Its operating segment includes North America Modular; North America Storage; United Kingdom Storage and Tank and Pump. The company generates maximum revenue from the NA Modular segment. Geographically, it derives a majority of revenue from the United States.
Executives
Davis Erika T director
Upchurch Michael W director KANSAS CITY SOUTHERN PO BOX 219335 KANSAS CITY MO 64121
Goble Jeffrey S director 10617 NORTH HAYDEN ROAD SUITE 100 SCOTTSDALE AZ 85260
Williams Kelly M officer: President and COO 7420 S. KYRENE ROAD, SUITE 101 TEMPE AZ 85283
Miner Christopher J officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101 TEMPE AZ 85253
Olsson Erik director C/O RSC HOLDINGS INC. 6929 E. GREENWAY PARKWAY SCOTTSDALE AZ 85254
Mcwaters Kimberly J director 20410 NORTH 19TH AVENUE PHOENIX AZ 85027
Dial Sara R. director 3300 W. CAMELBACK ROAD SCOTTSDALE AZ 85017
Lopez Hezron T. officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE ZEELAND MI 49464
Owen Rebecca L director 1750 H STREET, SUITE 500 COLUMBIA EQUITY TRUST, INC. WASHINGTON DC 20006
Robertson Stephen director, 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU
Tdr Capital Ii Holdings L.p. 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP 20 BENTINCK STREET LONDON X0 W1U 2EU
Lindsay Gary director TDR CAPITAL 20 BENTINCK STREET LONDON X0 W1U 2EU
Tdr Capital Llp 10 percent owner 20 BENTINCK STREET LONDON X0 W1U 2EU

WillScot Mobile Mini Holdings Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)