Crown Equities (PHS:CEI) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 29% Below Median


What is Crown Equities Piotroski F-Score?

Crown Equities PHS:CEI Piotroski F-Score is 5 as of Jun. 24, 2026, which is 29% below its 10-year median of 7.00. The stock has 5 warning signs investors should review. Among 1,756 Real Estate companies, Crown Equities ranks better than 60.99% on this metric.

The zones of discrimination were as such:

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

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

PHS:CEI' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Crown Equities was 9. The lowest was 3. And the median was 7.

Crown Equities  (PHS:CEI) 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.


Crown Equities Piotroski F-Score Related Terms


Crown Equities Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Crown Equities'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.

Crown Equities Piotroski F-Score Chart

Crown Equities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 6.00 5.00 7.00

Crown Equities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 7.00 7.00 5.00

PHS:CEI vs CBRE, BEKE: Piotroski F-Score Comparison

For the Real Estate Services subindustry, Crown Equities'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.


Crown Equities Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Equities's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Crown Equities'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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 3.658 + 11.439 + -8.736 + 10.179 = ₱16.5 Mil.
Cash Flow from Operations was 32.894 + 18.689 + -22.117 + -50.099 = ₱-20.6 Mil.
Revenue was 41.08 + 41.38 + 40.224 + 38.957 = ₱161.6 Mil.
Gross Profit was 28 + 28.472 + 23.962 + 27.153 = ₱107.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2591.094 + 2602.342 + 2625.203 + 2509.013 + 2537.405) / 5 = ₱2573.0114 Mil.
Total Assets at the begining of this year (Mar25) was ₱2,591.1 Mil.
Long-Term Debt & Capital Lease Obligation was ₱0.0 Mil.
Total Current Assets was ₱933.9 Mil.
Total Current Liabilities was ₱184.0 Mil.
Net Income was 14.65 + 2.709 + 0.37 + 10.172 = ₱27.9 Mil.

Revenue was 37.489 + 22.892 + 27.148 + 47.976 = ₱135.5 Mil.
Gross Profit was 25.55 + 14.339 + 15.466 + 33.377 = ₱88.7 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2561.794 + 2582.87 + 2575.169 + 2575.881 + 2591.094) / 5 = ₱2577.3616 Mil.
Total Assets at the begining of last year (Mar24) was ₱2,561.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₱0.0 Mil.
Total Current Assets was ₱990.9 Mil.
Total Current Liabilities was ₱176.8 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.

Crown Equities's current Net Income (TTM) was 16.5. ==> 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.

Crown Equities's current Cash Flow from Operations (TTM) was -20.6. ==> 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 (Mar25)
=16.54/2591.094
=0.0063834

ROA (Last Year)=Net Income/Total Assets (Mar24)
=27.901/2561.794
=0.0108912

Crown Equities's return on assets of this year was 0.0063834. Crown Equities's return on assets of last year was 0.0108912. ==> 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.

Crown Equities's current Net Income (TTM) was 16.5. Crown Equities's current Cash Flow from Operations (TTM) was -20.6. ==> -20.6 <= 16.5 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/2573.0114
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2577.3616
=0

Crown Equities's gearing of this year was 0. Crown Equities's gearing of last year was 0. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=933.907/184.003
=5.07549877

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=990.926/176.76
=5.60605341

Crown Equities's current ratio of this year was 5.07549877. Crown Equities's current ratio of last year was 5.60605341. ==> 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.

Crown Equities's number of shares in issue this year was 14960. Crown Equities's number of shares in issue last year was 14960. ==> 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
=107.587/161.641
=0.66559227

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=88.732/135.505
=0.65482455

Crown Equities's gross margin of this year was 0.66559227. Crown Equities's gross margin of last year was 0.65482455. ==> 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 (Mar25)
=161.641/2591.094
=0.0623833

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=135.505/2561.794
=0.05289457

Crown Equities's asset turnover of this year was 0.0623833. Crown Equities's asset turnover of last year was 0.05289457. ==> 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+0+0+0+1+0+1+1+1
=5

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Crown Equities (PHS:CEI) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Crown Equities and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Crown Equities' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Crown Equities ranks #685 out of 1756 companies in the Real Estate industry, placing it in the top 39%.
Is Crown Equities' Piotroski F-Score too high?
Crown Equities' current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Real Estate industry median Piotroski F-Score is 5.00. Crown Equities' value of 5 is 0% at this industry median. Based on the distribution chart, Crown Equities ranks #685 out of 1756 companies in the Real Estate industry, which is above the industry midpoint.
How does Crown Equities' Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Crown Equities ranks #685 out of 1756 companies for Piotroski F-Score. This puts Crown Equities in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Crown Equities' value of 5 is 0% at this benchmark. Historically, Crown Equities' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Crown Equities has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Crown Equities's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Crown Equities and its competitors. For the Real Estate industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Equities's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown Equities stock overvalued right now?
Based on GuruFocus' analysis, Crown Equities (PHS:CEI) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.08, compared to a current price of ₱0.08 — trading 2.5% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Real Estate industry median of 5.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Crown Equities (PHS:CEI), the current Piotroski F-Score is 5 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Crown Equities Business Description

Address 158 Jupiter corner N. Garcia Street, 5th Floor, Crown Center, Bel-Air, Makati, PHL, 1209
Crown Equities Inc is a Philippines-based company engaged in the acquisition, development, and sale of real estate properties and healthcare business by operating an ambulatory care clinic. The company's operating segments include Real Estate, Healthcare Services, and Investment Holdings. It generates maximum revenue from the Real Estate segment, which involves the acquisition of land, planning, and development of residential communities such as condominium units, parking slots, residential lots, and housing units. The Healthcare Services segment is involved in delivering outpatient health care services through ambulatory care centers, and the Investment Holdings segment creates project investments and later disposes of these investments after creating value.