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STKS (The One Group Hospitality) Piotroski F-Score : 4 (As of Dec. 12, 2024)


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What is The One Group Hospitality 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

The One Group Hospitality has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

STKS' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 4

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


The One Group Hospitality Piotroski F-Score Historical Data

The historical data trend for The One Group Hospitality'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.

The One Group Hospitality Piotroski F-Score Chart

The One Group Hospitality Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 7.00 5.00 5.00

The One Group Hospitality Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.00 4.00 4.00

Competitive Comparison of The One Group Hospitality's Piotroski F-Score

For the Restaurants subindustry, The One Group Hospitality'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.


The One Group Hospitality's Piotroski F-Score Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The One Group Hospitality's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The One Group Hospitality'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 4.642 + -2.069 + -6.929 + -8.89 = $-13.2 Mil.
Cash Flow from Operations was 15.553 + 10.378 + -3.824 + 19.114 = $41.2 Mil.
Revenue was 89.936 + 84.995 + 172.494 + 193.975 = $541.4 Mil.
Gross Profit was 21.242 + 16.643 + 33.425 + 28.461 = $99.8 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(295.016 + 317.245 + 309.315 + 945.864 + 953.471) / 5 = $564.1822 Mil.
Total Assets at the begining of this year (Sep23) was $295.0 Mil.
Long-Term Debt & Capital Lease Obligation was $625.7 Mil.
Total Current Assets was $63.5 Mil.
Total Current Liabilities was $123.0 Mil.
Net Income was 5.079 + 2.606 + 0.568 + -3.098 = $5.2 Mil.

Revenue was 88.312 + 82.556 + 83.393 + 76.884 = $331.1 Mil.
Gross Profit was 20.307 + 16.874 + 15.394 + 12.282 = $64.9 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(236.383 + 291.024 + 288.659 + 289.407 + 295.016) / 5 = $280.0978 Mil.
Total Assets at the begining of last year (Sep22) was $236.4 Mil.
Long-Term Debt & Capital Lease Obligation was $186.9 Mil.
Total Current Assets was $42.0 Mil.
Total Current Liabilities was $45.5 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.

The One Group Hospitality's current Net Income (TTM) was -13.2. ==> 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.

The One Group Hospitality's current Cash Flow from Operations (TTM) was 41.2. ==> 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 (Sep23)
=-13.246/295.016
=-0.04489926

ROA (Last Year)=Net Income/Total Assets (Sep22)
=5.155/236.383
=0.02180783

The One Group Hospitality's return on assets of this year was -0.04489926. The One Group Hospitality's return on assets of last year was 0.02180783. ==> 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.

The One Group Hospitality's current Net Income (TTM) was -13.2. The One Group Hospitality's current Cash Flow from Operations (TTM) was 41.2. ==> 41.2 > -13.2 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=625.652/564.1822
=1.10895381

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=186.88/280.0978
=0.66719553

The One Group Hospitality's gearing of this year was 1.10895381. The One Group Hospitality's gearing of last year was 0.66719553. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=63.472/123.02
=0.51594863

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=42.007/45.465
=0.92394149

The One Group Hospitality's current ratio of this year was 0.51594863. The One Group Hospitality's current ratio of last year was 0.92394149. ==> 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.

The One Group Hospitality's number of shares in issue this year was 31.008. The One Group Hospitality's number of shares in issue last year was 31.515. ==> 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
=99.771/541.4
=0.18428334

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=64.857/331.145
=0.1958568

The One Group Hospitality's gross margin of this year was 0.18428334. The One Group Hospitality's gross margin of last year was 0.1958568. ==> 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 (Sep23)
=541.4/295.016
=1.8351547

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=331.145/236.383
=1.40088331

The One Group Hospitality's asset turnover of this year was 1.8351547. The One Group Hospitality's asset turnover of last year was 1.40088331. ==> 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
=0+1+0+1+0+0+1+0+1
=4

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

The One Group Hospitality has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The One Group Hospitality  (NAS:STKS) 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.


The One Group Hospitality Piotroski F-Score Related Terms

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The One Group Hospitality Business Description

Traded in Other Exchanges
N/A
Address
1624 Market Street, Suite 311, Denver, CO, USA, 80202
The One Group Hospitality Inc is a restaurant company that develops, owns and operates, manages and licenses upscale and polished casual, high-energy restaurants and lounges and provides turn-key food and beverage (F&B) services for hospitality venues, including hotels, casinos, and other high-end locations internationally. The company operates through four segments: STK, Kona Grill, ONE Hospitality, and Corporate. The company generates the vast majority of its revenue from the domestic market.
Executives
Jonathan Segal director, officer: Director, Business Development 411 WEST 14TH STREET, NEW YORK NY 10014
Haydee Olinger director 1628 NEWTON AVENUE, PARK RIDGE IL 60068
Eugene M Bullis director 11825 N PENNSYLVANIA ST, CARMEL PA 46032
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Emanuel N Hilario director, officer: President and CEO 640 N LASALLE STREET, SUITE 295, CHICAGO IL 60610
Christi Hing officer: Chief Accounting Officer 7150 E. CAMELBACK ROAD, SUITE 220, SCOTTSDALE AZ 85251
Susan Lintonsmith director 9552 E. SILENT HILLS PLACE, LONE TREE CO 80124
Tyler Loy officer: Chief Financial Officer 411 WEST 14TH STREET, NEW YORK NY 10014
Michael Serruya director C/O RESPONSE GENETICS, INC., 1640 MARENGO ST., 6TH FLOOR, LOS ANGELES CA 90033
Linda Siluk officer: Chief Administrative Officer C/O FAIRWAY GROUP HOLDINGS CORP., 2284 12TH AVENUE, NEW YORK NY 10027
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kin Chan director UNIT 601-2, 6TH FLOOR, ST. GEORGE'S BUILDING, 2 ICE HOUSE ST., CENTRAL K3 00000