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Perry Ellis International (Perry Ellis International) Piotroski F-Score : 0 (As of May. 10, 2024)


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What is Perry Ellis International 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

Perry Ellis International 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 Perry Ellis International's Piotroski F-Score or its related term are showing as below:


Perry Ellis International Piotroski F-Score Historical Data

The historical data trend for Perry Ellis International'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.

Perry Ellis International Piotroski F-Score Chart

Perry Ellis International Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 6.00 8.00 6.00

Perry Ellis International Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 8.00 7.00 6.00 6.00 7.00

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 (Jul18) TTM:Last Year (Jul17) TTM:
Net Income was 3.215 + 39.685 + 10.247 + -3.265 = $49.9 Mil.
Cash Flow from Operations was -6.965 + -3.183 + -43.078 + 74.138 = $20.9 Mil.
Revenue was 198.838 + 227.316 + 255.234 + 199.277 = $880.7 Mil.
Gross Profit was 74.078 + 88.528 + 93.867 + 75.832 = $332.3 Mil.
Average Total Assets from the begining of this year (Jul17)
to the end of this year (Jul18) was
(570.746 + 567.298 + 634.162 + 661.528 + 554.666) / 5 = $597.68 Mil.
Total Assets at the begining of this year (Jul17) was $570.7 Mil.
Long-Term Debt & Capital Lease Obligation was $39.2 Mil.
Total Current Assets was $312.7 Mil.
Total Current Liabilities was $104.9 Mil.
Net Income was -5.165 + 8.997 + 12.771 + 0.979 = $17.6 Mil.

Revenue was 193.959 + 204.18 + 242.09 + 206.609 = $846.8 Mil.
Gross Profit was 71.103 + 78.49 + 91.088 + 76.48 = $317.2 Mil.
Average Total Assets from the begining of last year (Jul16)
to the end of last year (Jul17) was
(559.345 + 547.538 + 592.705 + 622.755 + 570.746) / 5 = $578.6178 Mil.
Total Assets at the begining of last year (Jul16) was $559.3 Mil.
Long-Term Debt & Capital Lease Obligation was $82.9 Mil.
Total Current Assets was $322.2 Mil.
Total Current Liabilities was $101.6 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.

Perry Ellis International's current Net Income (TTM) was 49.9. ==> 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.

Perry Ellis International's current Cash Flow from Operations (TTM) was 20.9. ==> 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 (Jul17)
=49.882/570.746
=0.0873979

ROA (Last Year)=Net Income/Total Assets (Jul16)
=17.582/559.345
=0.03143319

Perry Ellis International's return on assets of this year was 0.0873979. Perry Ellis International's return on assets of last year was 0.03143319. ==> 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.

Perry Ellis International's current Net Income (TTM) was 49.9. Perry Ellis International's current Cash Flow from Operations (TTM) was 20.9. ==> 20.9 <= 49.9 ==> CFROA <= ROA ==> Score 0.

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: Jul18)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul17 to Jul18
=39.229/597.68
=0.06563546

Gearing (Last Year: Jul17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul16 to Jul17
=82.897/578.6178
=0.14326728

Perry Ellis International's gearing of this year was 0.06563546. Perry Ellis International's gearing of last year was 0.14326728. ==> 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: Jul18)=Total Current Assets/Total Current Liabilities
=312.659/104.926
=2.97980481

Current Ratio (Last Year: Jul17)=Total Current Assets/Total Current Liabilities
=322.153/101.584
=3.17129666

Perry Ellis International's current ratio of this year was 2.97980481. Perry Ellis International's current ratio of last year was 3.17129666. ==> 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.

Perry Ellis International's number of shares in issue this year was 15.247. Perry Ellis International's number of shares in issue last year was 15.289. ==> 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
=332.305/880.665
=0.37733417

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=317.161/846.838
=0.37452382

Perry Ellis International's gross margin of this year was 0.37733417. Perry Ellis International's gross margin of last year was 0.37452382. ==> 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 (Jul17)
=880.665/570.746
=1.54300687

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul16)
=846.838/559.345
=1.51398153

Perry Ellis International's asset turnover of this year was 1.54300687. Perry Ellis International's asset turnover of last year was 1.51398153. ==> 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+0+1+0+1+1+1
=7

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

Perry Ellis International has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Perry Ellis International  (NAS:PERY) 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.


Perry Ellis International Piotroski F-Score Related Terms

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Perry Ellis International (Perry Ellis International) Business Description

Traded in Other Exchanges
N/A
Address
Perry Ellis manufactures apparel and accessories that it sells under its own brand names or via licensed brands. Notable company-owned brands include Original Penguin and Perry Ellis. Licenses are primarily for golf apparel or swimwear. The company is the official apparel licensee for Callaway Golf and the official swimwear licensee in North America for Nike. Perry Ellis primarily distributes its products to wholesale customers, which sell through channels including department stores, specialty stores, sporting goods stores, and e-commerce. The company also maintains its own Perry Ellis and Original Penguin retail stores. The majority of the firm's revenue is generated in the men's sportswear and swim segment and from sales in the United States.
Executives
Bruce J Klatsky director 3000 NW 107TH AVENUE, MIAMI FL 33172
Michael W Rayden director
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Anita D Britt officer: Chief Financial Officer 3000 NW 107TH AVENUE, MIAMI FL 33172
Barry S Gluck director
George Pita officer: Sr. Vice President - Finance 3000 NW 107TH AVENUE, MIAMI FL 33172
Timothy B Page officer: Chief Financial Officer 3000 NW 107TH AVE MIAMI FL 33172
De Cardenas Alberto I officer: Senior VP and General Counsel 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134