GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urstadt Biddle Properties Inc (NYSE:UBPpG.CL.PFD) » Definitions » Piotroski F-Score

Urstadt Biddle Properties (Urstadt Biddle Properties) Piotroski F-Score : 7 (As of May. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Urstadt Biddle Properties 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

Urstadt Biddle Properties 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 Urstadt Biddle Properties's Piotroski F-Score or its related term are showing as below:

UBPpG.CL.PFD' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Urstadt Biddle Properties was 8. The lowest was 3. And the median was 5.


Urstadt Biddle Properties Piotroski F-Score Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties Piotroski F-Score Chart

Urstadt Biddle Properties Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 5.00 6.00 6.00

Urstadt Biddle Properties Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 7.00 7.00 6.00 7.00 7.00

Competitive Comparison of Urstadt Biddle Properties's Piotroski F-Score

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.


Urstadt Biddle Properties's Piotroski F-Score Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Urstadt Biddle Properties's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Urstadt Biddle Properties'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 (Apr23) TTM:Last Year (Apr22) TTM:
Net Income was 10.043 + 10.33 + 10.215 + 8.61 = $39.20 Mil.
Cash Flow from Operations was 22.422 + 20.446 + 16.735 + 19.955 = $79.56 Mil.
Revenue was 35.484 + 36.064 + 38.297 + 35.071 = $144.92 Mil.
Gross Profit was 23.994 + 23.942 + 25.414 + 23.025 = $96.38 Mil.
Average Total Assets from the begining of this year (Apr22)
to the end of this year (Apr23) was
(996.656 + 990.324 + 997.326 + 995.316 + 986.593) / 5 = $993.243 Mil.
Total Assets at the begining of this year (Apr22) was $996.66 Mil.
Long-Term Debt & Capital Lease Obligation was $298.66 Mil.
Total Current Assets was $67.20 Mil.
Total Current Liabilities was $44.67 Mil.
Net Income was 21.788 + 9.57 + 8.81 + 10.521 = $50.69 Mil.

Revenue was 34.33 + 34.048 + 35.555 + 36 = $139.93 Mil.
Gross Profit was 23.037 + 22.954 + 22.63 + 23.665 = $92.29 Mil.
Average Total Assets from the begining of last year (Apr21)
to the end of last year (Apr22) was
(1001.733 + 982.122 + 973.852 + 974.779 + 996.656) / 5 = $985.8284 Mil.
Total Assets at the begining of last year (Apr21) was $1,001.73 Mil.
Long-Term Debt & Capital Lease Obligation was $306.08 Mil.
Total Current Assets was $68.48 Mil.
Total Current Liabilities was $15.88 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.

Urstadt Biddle Properties's current Net Income (TTM) was 39.20. ==> 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.

Urstadt Biddle Properties's current Cash Flow from Operations (TTM) was 79.56. ==> 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 (Apr22)
=39.198/996.656
=0.03932952

ROA (Last Year)=Net Income/Total Assets (Apr21)
=50.689/1001.733
=0.05060131

Urstadt Biddle Properties's return on assets of this year was 0.03932952. Urstadt Biddle Properties's return on assets of last year was 0.05060131. ==> 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.

Urstadt Biddle Properties's current Net Income (TTM) was 39.20. Urstadt Biddle Properties's current Cash Flow from Operations (TTM) was 79.56. ==> 79.56 > 39.20 ==> 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: Apr23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr22 to Apr23
=298.66/993.243
=0.30069177

Gearing (Last Year: Apr22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr21 to Apr22
=306.079/985.8284
=0.31047898

Urstadt Biddle Properties's gearing of this year was 0.30069177. Urstadt Biddle Properties's gearing of last year was 0.31047898. ==> 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: Apr23)=Total Current Assets/Total Current Liabilities
=67.199/44.666
=1.50447768

Current Ratio (Last Year: Apr22)=Total Current Assets/Total Current Liabilities
=68.481/15.879
=4.31267712

Urstadt Biddle Properties's current ratio of this year was 1.50447768. Urstadt Biddle Properties's current ratio of last year was 4.31267712. ==> 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.

Urstadt Biddle Properties's number of shares in issue this year was 0. Urstadt Biddle Properties's number of shares in issue last year was 0. ==> 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
=96.375/144.916
=0.66504044

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=92.286/139.933
=0.65950133

Urstadt Biddle Properties's gross margin of this year was 0.66504044. Urstadt Biddle Properties's gross margin of last year was 0.65950133. ==> 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 (Apr22)
=144.916/996.656
=0.14540223

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr21)
=139.933/1001.733
=0.13969092

Urstadt Biddle Properties's asset turnover of this year was 0.14540223. Urstadt Biddle Properties's asset turnover of last year was 0.13969092. ==> 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+1+0+1+1+1
=7

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

Urstadt Biddle Properties has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Urstadt Biddle Properties  (NYSE:UBPpG.CL.PFD) 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.


Urstadt Biddle Properties Piotroski F-Score Related Terms

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


Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Traded in Other Exchanges
N/A
Address
321 Railroad Avenue, Greenwich, CT, USA, 06830
Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.

Urstadt Biddle Properties (Urstadt Biddle Properties) Headlines