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Anaplan (Anaplan) Piotroski F-Score : 0 (As of May. 12, 2024)


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What is Anaplan 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

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


Anaplan Piotroski F-Score Historical Data

The historical data trend for Anaplan'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.

Anaplan Piotroski F-Score Chart

Anaplan Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 3.00 5.00 3.00

Anaplan Quarterly Data
Jan17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 5.00 4.00 4.00 3.00 3.00

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 (Apr22) TTM:Last Year (Apr21) TTM:
Net Income was -51.121 + -40.978 + -60.009 + -57.86 = $-210.0 Mil.
Cash Flow from Operations was -17.282 + 5.56 + -17.17 + 14.369 = $-14.5 Mil.
Revenue was 144.324 + 155.348 + 162.679 + 169.159 = $631.5 Mil.
Gross Profit was 108.097 + 113.209 + 117.525 + 122.596 = $461.4 Mil.
Average Total Assets from the begining of this year (Apr21)
to the end of this year (Apr22) was
(714.501 + 729.542 + 758.488 + 832.635 + 775.972) / 5 = $762.2276 Mil.
Total Assets at the begining of this year (Apr21) was $714.5 Mil.
Long-Term Debt & Capital Lease Obligation was $23.6 Mil.
Total Current Assets was $522.0 Mil.
Total Current Liabilities was $484.7 Mil.
Net Income was -35.524 + -36.792 + -42.049 + -51.491 = $-165.9 Mil.

Revenue was 106.511 + 114.875 + 122.525 + 129.825 = $473.7 Mil.
Gross Profit was 81.069 + 85.5 + 93.103 + 97.004 = $356.7 Mil.
Average Total Assets from the begining of last year (Apr20)
to the end of last year (Apr21) was
(627.215 + 640.891 + 678.107 + 739.125 + 714.501) / 5 = $679.9678 Mil.
Total Assets at the begining of last year (Apr20) was $627.2 Mil.
Long-Term Debt & Capital Lease Obligation was $33.2 Mil.
Total Current Assets was $496.2 Mil.
Total Current Liabilities was $393.7 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.

Anaplan's current Net Income (TTM) was -210.0. ==> 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.

Anaplan's current Cash Flow from Operations (TTM) was -14.5. ==> 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 (Apr21)
=-209.968/714.501
=-0.29386663

ROA (Last Year)=Net Income/Total Assets (Apr20)
=-165.856/627.215
=-0.26443245

Anaplan's return on assets of this year was -0.29386663. Anaplan's return on assets of last year was -0.26443245. ==> 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.

Anaplan's current Net Income (TTM) was -210.0. Anaplan's current Cash Flow from Operations (TTM) was -14.5. ==> -14.5 > -210.0 ==> 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: Apr22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr21 to Apr22
=23.628/762.2276
=0.03099862

Gearing (Last Year: Apr21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr20 to Apr21
=33.152/679.9678
=0.04875525

Anaplan's gearing of this year was 0.03099862. Anaplan's gearing of last year was 0.04875525. ==> 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: Apr22)=Total Current Assets/Total Current Liabilities
=521.964/484.692
=1.07689832

Current Ratio (Last Year: Apr21)=Total Current Assets/Total Current Liabilities
=496.156/393.738
=1.26011713

Anaplan's current ratio of this year was 1.07689832. Anaplan's current ratio of last year was 1.26011713. ==> 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.

Anaplan's number of shares in issue this year was 149.877. Anaplan's number of shares in issue last year was 144.161. ==> 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
=461.427/631.51
=0.73067252

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=356.676/473.736
=0.75290035

Anaplan's gross margin of this year was 0.73067252. Anaplan's gross margin of last year was 0.75290035. ==> 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 (Apr21)
=631.51/714.501
=0.88384761

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr20)
=473.736/627.215
=0.75530081

Anaplan's asset turnover of this year was 0.88384761. Anaplan's asset turnover of last year was 0.75530081. ==> 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+0+0+1+1+0+0+0+1
=3

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

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

Anaplan  (NYSE:PLAN) 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.


Anaplan Piotroski F-Score Related Terms

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Anaplan (Anaplan) Business Description

Traded in Other Exchanges
N/A
Address
50 Hawthorne Street, San Francisco, CA, USA, 94105
Anaplan Inc is a United states-based business performance management company. It offers cloud-based business planning and performance management platform based on a single hub where business users can create and use models. Anaplan provides solutions for finance, sales, supply chain, HR & workforce, and marketing. The company also provides professional services, including consulting, implementation, and training. Its geographical segments are the Americas; Europe, the Middle East, and Africa; and Asia-Pacific.
Executives
Brooke E. Major-reid director C/O ANAPLAN, INC. 50 HAWTHORNE STREET SAN FRANCISCO CA 94105
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Allan Leinwand director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Ana G. Pinczuk officer: Chief Development Officer 5725 DELPHI DRIVE, TROY MI 48098
Vikas D Mehta officer: Chief Financial Officer 50 HAWTHORNE STREET SAN FRANCISCO CA 94105
William Schuh officer: Chief Revenue Officer 50 HAWTHORNE STREET SAN FRANCISCO CA 94105
Frank Calderoni director, 10 percent owner, officer: President and CEO 100 EAST DAVIE STREET, RALEIGH NC 27601
Gagan Dhingra officer: See remarks 50 HAWTHORNE ST, SAN FRANCISCO CA 94105
Sandesh Kaveripatnam director 50 HAWTHORNE STREET SAN FRANCISCO CA 94107
Morton David H Jr officer: Chief Financial Officer SEAGATE TECHNOLOGY, 920 DISC DRIVE, SCOTTS VALLEY CA 95066
Rob Ward director 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
Chung David Ying Xian officer: See Remarks 50 HAWTHORNE STREET SAN FRANCISCO CA 94107
Ravi Mohan director, 10 percent owner C/O SHASTA VENTURES 2440 SAND HILL ROAD, SUITE 300 MENLO PARK CA 94025
Robert E Beauchamp director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Susan L Bostrom director