GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Coursera Inc (NYSE:COUR) » Definitions » Piotroski F-Score

Coursera (Coursera) Piotroski F-Score : 5 (As of May. 11, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Coursera 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

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

COUR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 5
Current: 5

During the past 5 years, the highest Piotroski F-Score of Coursera was 5. The lowest was 4. And the median was 5.


Coursera Piotroski F-Score Historical Data

The historical data trend for Coursera'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.

Coursera Piotroski F-Score Chart

Coursera Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A 5.00 4.00 5.00

Coursera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.00 4.00 5.00 5.00 5.00

Competitive Comparison of Coursera's Piotroski F-Score

For the Education & Training Services subindustry, Coursera'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.


Coursera's Piotroski F-Score Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Coursera's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Coursera'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 -31.743 + -32.09 + -20.357 + -21.256 = $-105.4 Mil.
Cash Flow from Operations was -6.371 + 19.75 + 11.568 + 24.45 = $49.4 Mil.
Revenue was 153.702 + 165.54 + 168.88 + 169.068 = $657.2 Mil.
Gross Profit was 79.701 + 83.273 + 89.329 + 89.497 = $341.8 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(964.055 + 918.71 + 914.345 + 920.533 + 916.303) / 5 = $926.7892 Mil.
Total Assets at the begining of this year (Mar23) was $964.1 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $833.2 Mil.
Total Current Liabilities was $302.6 Mil.
Net Income was -49.334 + -36.038 + -51.717 + -32.364 = $-169.5 Mil.

Revenue was 124.754 + 136.389 + 142.18 + 147.642 = $551.0 Mil.
Gross Profit was 78.406 + 87.568 + 87.875 + 77.468 = $331.3 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(946.864 + 952.39 + 956.256 + 947.597 + 964.055) / 5 = $953.4324 Mil.
Total Assets at the begining of last year (Mar22) was $946.9 Mil.
Long-Term Debt & Capital Lease Obligation was $4.2 Mil.
Total Current Assets was $889.0 Mil.
Total Current Liabilities was $273.8 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.

Coursera's current Net Income (TTM) was -105.4. ==> 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.

Coursera's current Cash Flow from Operations (TTM) was 49.4. ==> 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 (Mar23)
=-105.446/964.055
=-0.10937758

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-169.453/946.864
=-0.17896234

Coursera's return on assets of this year was -0.10937758. Coursera's return on assets of last year was -0.17896234. ==> 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.

Coursera's current Net Income (TTM) was -105.4. Coursera's current Cash Flow from Operations (TTM) was 49.4. ==> 49.4 > -105.4 ==> 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
=0/926.7892
=0

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=4.208/953.4324
=0.00441353

Coursera's gearing of this year was 0. Coursera's gearing of last year was 0.00441353. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=833.247/302.587
=2.75374355

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=888.973/273.843
=3.24628711

Coursera's current ratio of this year was 2.75374355. Coursera's current ratio of last year was 3.24628711. ==> 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.

Coursera's number of shares in issue this year was 156.379. Coursera's number of shares in issue last year was 148.974. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=341.8/657.19
=0.52009312

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=331.317/550.965
=0.60133947

Coursera's gross margin of this year was 0.52009312. Coursera's gross margin of last year was 0.60133947. ==> 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 (Mar23)
=657.19/964.055
=0.68169347

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=550.965/946.864
=0.58188399

Coursera's asset turnover of this year was 0.68169347. Coursera's asset turnover of last year was 0.58188399. ==> 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+1+1+1+0+0+0+1
=5

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

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

Coursera  (NYSE:COUR) 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.


Coursera Piotroski F-Score Related Terms

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


Coursera (Coursera) Business Description

Traded in Other Exchanges
Address
381 E. Evelyn Avenue, Mountain View, CA, USA, 94041
Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing world-class educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The platform will contain a catalog of high-quality content and credentials, content developed by university and industry partners, data and machine learning drive personalized Learning, effective marketing, and skills Benchmarking and others. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. Majority of revenue is generated from Consumer segment.
Executives
Jeffrey Nacey Maggioncalda director, officer: See Remarks 1804 EMBARCADERO ROAD, PALO ALTO CA 94303
Andrew Y. Ng director 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Shravan Goli officer: See Remarks 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
Kenneth R Hahn officer: See Remarks C/O BORLAND SOFTWARE CORP, 100 ENTERPRISE WAY, SCOTTS VALLEY CA 95066-3249
Michele M Meyers officer: See Remarks 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
Richard J Jacquet officer: See Remarks BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Alan B Cardenas officer: SVP, General Counsel 381 E. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Leah F. Belsky officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Amanda Clark director PO BOX 99900, LOUISVILLE KY 40269
Susan W. Muigai director C/O TRANSUNION, 555 WEST ADAMS STREET, CHICAGO IL 60661
Sabrina Simmons director GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Carmen Chang director 2855 SAND HILL ROAD, MENLO PARK CA 94025
Christopher D. Mccarthy director 381 E. EVELYYN AVE., MOUNTAIN VIEW CA 94041
Mustafa S. Furniturewala officer: SVP, Engineering 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Xueyan Wang officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041