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Yummy Town (Cayman) Holdings (ROCO:2726) Piotroski F-Score : 5 (As of Apr. 08, 2025)


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What is Yummy Town (Cayman) Holdings 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

Yummy Town (Cayman) Holdings 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 Yummy Town (Cayman) Holdings's Piotroski F-Score or its related term are showing as below:

ROCO:2726' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Yummy Town (Cayman) Holdings was 7. The lowest was 4. And the median was 5.


Yummy Town (Cayman) Holdings Piotroski F-Score Historical Data

The historical data trend for Yummy Town (Cayman) Holdings'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.

Yummy Town (Cayman) Holdings Piotroski F-Score Chart

Yummy Town (Cayman) Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 4.00 5.00 5.00

Yummy Town (Cayman) Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.00 6.00 6.00 5.00

Competitive Comparison of Yummy Town (Cayman) Holdings's Piotroski F-Score

For the Restaurants subindustry, Yummy Town (Cayman) Holdings'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.


Yummy Town (Cayman) Holdings's Piotroski F-Score Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yummy Town (Cayman) Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Yummy Town (Cayman) Holdings's Piotroski F-Score falls into.


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 95.549 + 5.922 + 4.851 + -7.931 = NT$98.4 Mil.
Cash Flow from Operations was 44.733 + 65.728 + 12.921 + -50.2 = NT$73.2 Mil.
Revenue was 129.327 + 133.014 + 141.266 + 161.057 = NT$564.7 Mil.
Gross Profit was 72.402 + 77.669 + 87.078 + 89.909 = NT$327.1 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(769.676 + 708.982 + 731.086 + 787.703 + 729.735) / 5 = NT$745.4364 Mil.
Total Assets at the begining of this year (Dec23) was NT$769.7 Mil.
Long-Term Debt & Capital Lease Obligation was NT$84.7 Mil.
Total Current Assets was NT$307.0 Mil.
Total Current Liabilities was NT$162.3 Mil.
Net Income was -11.577 + -40.365 + -1.766 + -47.051 = NT$-100.8 Mil.

Revenue was 179.665 + 218.005 + 194.046 + 153.038 = NT$744.8 Mil.
Gross Profit was 100.397 + 104.828 + 101.539 + 82.695 = NT$389.5 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(826.671 + 786.553 + 775.72 + 753.615 + 769.676) / 5 = NT$782.447 Mil.
Total Assets at the begining of last year (Dec22) was NT$826.7 Mil.
Long-Term Debt & Capital Lease Obligation was NT$64.4 Mil.
Total Current Assets was NT$459.5 Mil.
Total Current Liabilities was NT$289.0 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.

Yummy Town (Cayman) Holdings's current Net Income (TTM) was 98.4. ==> 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.

Yummy Town (Cayman) Holdings's current Cash Flow from Operations (TTM) was 73.2. ==> 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 (Dec23)
=98.391/769.676
=0.12783431

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-100.759/826.671
=-0.12188525

Yummy Town (Cayman) Holdings's return on assets of this year was 0.12783431. Yummy Town (Cayman) Holdings's return on assets of last year was -0.12188525. ==> 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.

Yummy Town (Cayman) Holdings's current Net Income (TTM) was 98.4. Yummy Town (Cayman) Holdings's current Cash Flow from Operations (TTM) was 73.2. ==> 73.2 <= 98.4 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=84.67/745.4364
=0.11358447

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=64.372/782.447
=0.08227011

Yummy Town (Cayman) Holdings's gearing of this year was 0.11358447. Yummy Town (Cayman) Holdings's gearing of last year was 0.08227011. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=306.96/162.28
=1.89154548

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=459.465/289.042
=1.58961327

Yummy Town (Cayman) Holdings's current ratio of this year was 1.89154548. Yummy Town (Cayman) Holdings's current ratio of last year was 1.58961327. ==> 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.

Yummy Town (Cayman) Holdings's number of shares in issue this year was 27.698. Yummy Town (Cayman) Holdings's number of shares in issue last year was 25.69. ==> 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
=327.058/564.664
=0.57920817

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=389.459/744.754
=0.52293643

Yummy Town (Cayman) Holdings's gross margin of this year was 0.57920817. Yummy Town (Cayman) Holdings's gross margin of last year was 0.52293643. ==> 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 (Dec23)
=564.664/769.676
=0.73363857

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=744.754/826.671
=0.90090737

Yummy Town (Cayman) Holdings's asset turnover of this year was 0.73363857. Yummy Town (Cayman) Holdings's asset turnover of last year was 0.90090737. ==> Last year's asset turnover is higher ==> Score 0.

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+0+1+0+1+0
=5

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

Yummy Town (Cayman) Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Yummy Town (Cayman) Holdings  (ROCO:2726) 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.


Yummy Town (Cayman) Holdings Piotroski F-Score Related Terms

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Yummy Town (Cayman) Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Xinhu 1st Road, 6th Floor, Neihu District, Taipei, TWN
Yummy Town (Cayman) Holdings Corporation is an investment holding company. The Company and its subsidiaries are mainly engaged in the catering business and the collection of franchise fees and royalties. The company operates in three segments namely Catering, and Trade. The maximum revenue is from the Catering segment.

Yummy Town (Cayman) Holdings Headlines

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