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Uniinfo Telecom Services (NSE:UNIINFO) Piotroski F-Score : 7 (As of Jun. 20, 2024)


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What is Uniinfo Telecom Services Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, 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

Uniinfo Telecom Services 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 Uniinfo Telecom Services's Piotroski F-Score or its related term are showing as below:

NSE:UNIINFO' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 12 years, the highest Piotroski F-Score of Uniinfo Telecom Services was 7. The lowest was 2. And the median was 5.


Uniinfo Telecom Services Piotroski F-Score Historical Data

The historical data trend for Uniinfo Telecom Services'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.

Uniinfo Telecom Services Piotroski F-Score Chart

Uniinfo Telecom Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 3.00 5.00 7.00 7.00

Uniinfo Telecom Services Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 5.00 - 7.00 - 7.00

Competitive Comparison of Uniinfo Telecom Services's Piotroski F-Score

For the Telecom Services subindustry, Uniinfo Telecom Services'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.


Uniinfo Telecom Services's Piotroski F-Score Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Uniinfo Telecom Services's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Uniinfo Telecom Services'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was ₹5.4 Mil.
Cash Flow from Operations was ₹29.7 Mil.
Revenue was ₹499.0 Mil.
Gross Profit was ₹487.1 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was (428.661 + 376.382) / 2 = ₹402.5215 Mil.
Total Assets at the begining of this year (Mar23) was ₹428.7 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.8 Mil.
Total Current Assets was ₹304.9 Mil.
Total Current Liabilities was ₹35.1 Mil.
Net Income was ₹6.1 Mil.

Revenue was ₹357.9 Mil.
Gross Profit was ₹344.8 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was (387.486 + 428.661) / 2 = ₹408.0735 Mil.
Total Assets at the begining of last year (Mar22) was ₹387.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.6 Mil.
Total Current Assets was ₹341.9 Mil.
Total Current Liabilities was ₹95.2 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.

Uniinfo Telecom Services's current Net Income (TTM) was 5.4. ==> 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.

Uniinfo Telecom Services's current Cash Flow from Operations (TTM) was 29.7. ==> 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 (Mar23)
=5.421/428.661
=0.01264636

ROA (Last Year)=Net Income/Total Assets (Mar22)
=6.083/387.486
=0.01569863

Uniinfo Telecom Services's return on assets of this year was 0.01264636. Uniinfo Telecom Services's return on assets of last year was 0.01569863. ==> 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.

Uniinfo Telecom Services's current Net Income (TTM) was 5.4. Uniinfo Telecom Services's current Cash Flow from Operations (TTM) was 29.7. ==> 29.7 > 5.4 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.777/402.5215
=0.00193033

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=0.619/408.0735
=0.00151688

Uniinfo Telecom Services's gearing of this year was 0.00193033. Uniinfo Telecom Services's gearing of last year was 0.00151688. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=304.855/35.095
=8.68656504

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=341.871/95.195
=3.59127055

Uniinfo Telecom Services's current ratio of this year was 8.68656504. Uniinfo Telecom Services's current ratio of last year was 3.59127055. ==> 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.

Uniinfo Telecom Services's number of shares in issue this year was 10.629. Uniinfo Telecom Services's number of shares in issue last year was 10.672. ==> 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
=487.104/499.035
=0.97609186

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=344.766/357.898
=0.96330798

Uniinfo Telecom Services's gross margin of this year was 0.97609186. Uniinfo Telecom Services's gross margin of last year was 0.96330798. ==> 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 (Mar23)
=499.035/428.661
=1.16417169

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=357.898/387.486
=0.92364111

Uniinfo Telecom Services's asset turnover of this year was 1.16417169. Uniinfo Telecom Services's asset turnover of last year was 0.92364111. ==> 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+0+1+0+1+1+1+1
=7

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

Uniinfo Telecom Services has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Uniinfo Telecom Services  (NSE:UNIINFO) 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.


Uniinfo Telecom Services Piotroski F-Score Related Terms

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Uniinfo Telecom Services (NSE:UNIINFO) Business Description

Traded in Other Exchanges
N/A
Address
12/2 RNT Marg, No.403, Chetak Centre, Indore, MP, IND, 452001
Uniinfo Telecom Services Ltd provides telecom services to the telecom industry ranging from telecom equipment manufacturers (OEM's) to telecom operators and IT services providers. The company offers support services solutions to address the Network Life Cycle requirements of the telecom industry. Its services include Network Survey, Planning, Installation and Commissioning, Network Testing and Optimization, Managed Services, In building Solutions & WiFi, and others.

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