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Ruby Tuesday (Ruby Tuesday) Piotroski F-Score : 0 (As of Apr. 25, 2024)


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What is Ruby Tuesday 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

Ruby Tuesday has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Ruby Tuesday's Piotroski F-Score or its related term are showing as below:


Ruby Tuesday Piotroski F-Score Historical Data

The historical data trend for Ruby Tuesday'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.

Ruby Tuesday Piotroski F-Score Chart

Ruby Tuesday Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 7.00 6.00 1.00

Ruby Tuesday Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
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 4.00 4.00 2.00 1.00 3.00

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 (Aug17) TTM:Last Year (Aug16) TTM:
Net Income was -37.956 + -19.805 + -8.687 + -9.846 = $-76.3 Mil.
Cash Flow from Operations was -27.512 + 3.822 + 2.785 + 2.664 = $-18.2 Mil.
Revenue was 214.719 + 225.732 + 254.863 + 217.307 = $912.6 Mil.
Gross Profit was 25.539 + 36.226 + 47.473 + 36.412 = $145.7 Mil.
Average Total Assets from the begining of this year (Aug16)
to the end of this year (Aug17) was
(818.159 + 769.335 + 742.81 + 723.642 + 701.022) / 5 = $750.9936 Mil.
Total Assets at the begining of this year (Aug16) was $818.2 Mil.
Long-Term Debt & Capital Lease Obligation was $213.3 Mil.
Total Current Assets was $92.6 Mil.
Total Current Liabilities was $86.0 Mil.
Net Income was -15.799 + -3.086 + -27.603 + -39.692 = $-86.2 Mil.

Revenue was 260.956 + 271.47 + 279.322 + 256.657 = $1,068.4 Mil.
Gross Profit was 41.982 + 47.659 + 53.282 + 36.497 = $179.4 Mil.
Average Total Assets from the begining of last year (Aug15)
to the end of last year (Aug16) was
(903.881 + 884.118 + 870.464 + 837.917 + 818.159) / 5 = $862.9078 Mil.
Total Assets at the begining of last year (Aug15) was $903.9 Mil.
Long-Term Debt & Capital Lease Obligation was $213.7 Mil.
Total Current Assets was $121.6 Mil.
Total Current Liabilities was $124.0 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.

Ruby Tuesday's current Net Income (TTM) was -76.3. ==> Negative ==> Score 0.

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.

Ruby Tuesday's current Cash Flow from Operations (TTM) was -18.2. ==> 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 (Aug16)
=-76.294/818.159
=-0.09325082

ROA (Last Year)=Net Income/Total Assets (Aug15)
=-86.18/903.881
=-0.09534441

Ruby Tuesday's return on assets of this year was -0.09325082. Ruby Tuesday's return on assets of last year was -0.09534441. ==> 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.

Ruby Tuesday's current Net Income (TTM) was -76.3. Ruby Tuesday's current Cash Flow from Operations (TTM) was -18.2. ==> -18.2 > -76.3 ==> 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: Aug17)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug16 to Aug17
=213.255/750.9936
=0.2839638

Gearing (Last Year: Aug16)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug15 to Aug16
=213.728/862.9078
=0.24768347

Ruby Tuesday's gearing of this year was 0.2839638. Ruby Tuesday's gearing of last year was 0.24768347. ==> 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: Aug17)=Total Current Assets/Total Current Liabilities
=92.587/86.039
=1.07610502

Current Ratio (Last Year: Aug16)=Total Current Assets/Total Current Liabilities
=121.64/123.972
=0.9811893

Ruby Tuesday's current ratio of this year was 1.07610502. Ruby Tuesday's current ratio of last year was 0.9811893. ==> 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.

Ruby Tuesday's number of shares in issue this year was 60.411. Ruby Tuesday's number of shares in issue last year was 59.79. ==> 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
=145.65/912.621
=0.15959528

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=179.42/1068.405
=0.16793257

Ruby Tuesday's gross margin of this year was 0.15959528. Ruby Tuesday's gross margin of last year was 0.16793257. ==> 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 (Aug16)
=912.621/818.159
=1.11545678

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug15)
=1068.405/903.881
=1.18201954

Ruby Tuesday's asset turnover of this year was 1.11545678. Ruby Tuesday's asset turnover of last year was 1.18201954. ==> 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
=0+0+1+1+0+1+0+0+0
=3

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

Ruby Tuesday has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Ruby Tuesday  (NYSE:RT) 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.


Ruby Tuesday Piotroski F-Score Related Terms

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Ruby Tuesday (Ruby Tuesday) Business Description

Traded in Other Exchanges
N/A
Address
Ruby Tuesday Inc was incorporated in the state of Georgia. The first Ruby Tuesday(r) restaurant was opened in 1972 in Knoxville, Tennessee near the campus of the University of Tennessee. The Company owns, operates and franchises the Ruby Tuesday casual dining restaurant chain. The Company is subject to a variety of federal, state, and international laws governing franchise sales and the franchise relationship.
Executives
Rhonda J Parish officer: See Remarks 203 EAST MAINST P 12-02, SPARTANBURG SC 29319
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Cardwell F Lane Jr director C/O RUBY TUESDAY, INC., 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Stephen I Sadove director
James J Buettgen director, officer: President & Chief Exec Officer 150 WEST CHURCH AVE, MARYVILLE TN 37801
Jill Golder officer: EVP, Chief Financial Officer 305 HARTMANN DRIVE, LEBANON TN 37087
Scarlett May officer: SVP,Chief Legal Officer & Sec. 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Todd Burrowes officer: RT Concept Pres,Chief Ops Ofcr 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Michael O Moore officer: EVP - Chief Financial Officer 150 W CHURCH AVE, RUBY TUESDAY, INC., MARYVILLE TN 37801
Kimberly Grant officer: Pres.,Ruby Tuesday Concept 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Steven R Becker director 5525 NAKOMA DRIVE, DALLAS TX 75209
Beall Samuel E Iii director, officer: Chief Executive Officer RUBY TUESDAY INC 150 WEST CHURCH AVE MARYVILLE TN 37801
Donald R Ratajczak director THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Haslam James A Iii director 165 MADISON AVENUE, MEMPHIS TN 38103

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