>
Switch to:

Leroy Seafood Group ASA Piotroski F-Score

: 6 (As of Today)
View and export this data going back to 2014. Start your Free Trial

The zones of discrimination were as such:

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

Leroy Seafood Group ASA 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 Leroy Seafood Group ASA's Piotroski F-Score or its related term are showing as below:

OTCPK:LYSFY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

2
8

During the past 13 years, the highest Piotroski F-Score of Leroy Seafood Group ASA was 8. The lowest was 2. And the median was 5.


Leroy Seafood Group ASA Piotroski F-Score Historical Data

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Piotroski F-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 5.00 7.00 4.00 4.00

Leroy Seafood Group ASA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 8.00 4.00 5.00 6.00 6.00

Competitive Comparison

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.

   

Leroy Seafood Group ASA Piotroski F-Score Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA'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 (Sep21) TTM:Last Year (Sep20) TTM:
Net Income was -16.382033053485 + 73.57477651039 + 112.24644133395 + 31.602277583359 = $201 Mil.
Cash Flow from Operations was 63.027988652938 + 97.653858352814 + 101.74413220786 + 127.13292447709 = $390 Mil.
Revenue was 593.72707330799 + 578.52220799511 + 629.72658522397 + 730.51996350323 = $2,532 Mil.
Gross Profit was 178.96911715726 + 314.59713134493 + 364.72165829683 + 269.0773015488 = $1,127 Mil.
Average Total Assets from the begining of this year (Sep20)
to the end of this year (Sep21) was
(3295.7740037764 + 3464.1957712671 + 3641.4000258437 + 3780.4555329985 + 3841.6723837243) / 5 = $3604.69954352 Mil.
Total Assets at the begining of this year (Sep20) was $3,296 Mil.
Long-Term Debt & Capital Lease Obligation was $870 Mil.
Total Current Assets was $1,568 Mil.
Total Current Liabilities was $530 Mil.
Net Income was 85.005429964539 + 12.316533695302 + 47.504982691703 + 39.072374237347 = $184 Mil.

Revenue was 580.55208333333 + 518.08970440319 + 494.26434490716 + 520.92806234379 = $2,114 Mil.
Gross Profit was 310.97805851064 + 211.41177504565 + 229.94178118116 + 230.36640071599 = $983 Mil.
Average Total Assets from the begining of last year (Sep19)
to the end of last year (Sep20) was
(3281.4610285054 + 3345.4599955674 + 2961.4595275529 + 3161.0191964754 + 3295.7740037764) / 5 = $3209.03475038 Mil.
Total Assets at the begining of last year (Sep19) was $3,281 Mil.
Long-Term Debt & Capital Lease Obligation was $620 Mil.
Total Current Assets was $1,279 Mil.
Total Current Liabilities was $445 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.

Leroy Seafood Group ASA's current Net Income (TTM) was 201. ==> 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.

Leroy Seafood Group ASA's current Cash Flow from Operations (TTM) was 390. ==> 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 (Sep20)
=201.04146237422/3295.7740037764
=0.06099977

ROA (Last Year)=Net Income/Total Assets (Sep19)
=183.89932058889/3281.4610285054
=0.0560419

Leroy Seafood Group ASA's return on assets of this year was 0.06099977. Leroy Seafood Group ASA's return on assets of last year was 0.0560419. ==> 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.

Leroy Seafood Group ASA's current Net Income (TTM) was 201. Leroy Seafood Group ASA's current Cash Flow from Operations (TTM) was 390. ==> 390 > 201 ==> 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: Sep21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep20 to Sep21
=870.0920504025/3604.69954352
=0.24137714

Gearing (Last Year: Sep20)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep19 to Sep20
=619.69995961625/3209.03475038
=0.19311102

Leroy Seafood Group ASA's gearing of this year was 0.24137714. Leroy Seafood Group ASA's gearing of last year was 0.19311102. ==> 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: Sep21)=Total Current Assets/Total Current Liabilities
=1568.1154499151/530.01062564245
=2.95864908

Current Ratio (Last Year: Sep20)=Total Current Assets/Total Current Liabilities
=1279.4658429836/445.36187118674
=2.87286794

Leroy Seafood Group ASA's current ratio of this year was 2.95864908. Leroy Seafood Group ASA's current ratio of last year was 2.87286794. ==> 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.

Leroy Seafood Group ASA's number of shares in issue this year was 297.415. Leroy Seafood Group ASA's number of shares in issue last year was 298.321. ==> 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
=1127.3652083478/2532.4958300303
=0.44515975

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=982.69801545344/2113.8341949875
=0.46488888

Leroy Seafood Group ASA's gross margin of this year was 0.44515975. Leroy Seafood Group ASA's gross margin of last year was 0.46488888. ==> 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 (Sep20)
=2532.4958300303/3295.7740037764
=0.768407

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep19)
=2113.8341949875/3281.4610285054
=0.64417471

Leroy Seafood Group ASA's asset turnover of this year was 0.768407. Leroy Seafood Group ASA's asset turnover of last year was 0.64417471. ==> 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+1+1+0+1+1+0+1
=7

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

Leroy Seafood Group ASA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Leroy Seafood Group ASA  (OTCPK:LYSFY) 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.


Leroy Seafood Group ASA Piotroski F-Score Related Terms

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


Leroy Seafood Group ASA Business Description

Leroy Seafood Group ASA logo
Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Finest Salmon Loin, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
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)