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Genting Singapore (STU:36T) Piotroski F-Score : 8 (As of Dec. 14, 2024)


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What is Genting Singapore Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Genting Singapore has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

STU:36T' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Genting Singapore was 9. The lowest was 4. And the median was 6.


Genting Singapore Piotroski F-Score Historical Data

The historical data trend for Genting Singapore'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.

Genting Singapore Piotroski F-Score Chart

Genting Singapore 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 5.00 4.00 7.00 9.00 8.00

Genting Singapore Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 9.00 - 8.00 -

Competitive Comparison of Genting Singapore's Piotroski F-Score

For the Resorts & Casinos subindustry, Genting Singapore'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.


Genting Singapore's Piotroski F-Score Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Singapore's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Genting Singapore'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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was €421 Mil.
Cash Flow from Operations was €660 Mil.
Revenue was €1,664 Mil.
Gross Profit was €608 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was (6145.473 + 6296.512) / 2 = €6220.9925 Mil.
Total Assets at the begining of this year (Dec22) was €6,145 Mil.
Long-Term Debt & Capital Lease Obligation was €1 Mil.
Total Current Assets was €2,724 Mil.
Total Current Liabilities was €523 Mil.
Net Income was €238 Mil.

Revenue was €1,205 Mil.
Gross Profit was €420 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (5706.949 + 6145.473) / 2 = €5926.211 Mil.
Total Assets at the begining of last year (Dec21) was €5,707 Mil.
Long-Term Debt & Capital Lease Obligation was €2 Mil.
Total Current Assets was €2,521 Mil.
Total Current Liabilities was €413 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.

Genting Singapore's current Net Income (TTM) was 421. ==> 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.

Genting Singapore's current Cash Flow from Operations (TTM) was 660. ==> 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 (Dec22)
=421.005/6145.473
=0.06850653

ROA (Last Year)=Net Income/Total Assets (Dec21)
=237.501/5706.949
=0.04161611

Genting Singapore's return on assets of this year was 0.06850653. Genting Singapore's return on assets of last year was 0.04161611. ==> 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.

Genting Singapore's current Net Income (TTM) was 421. Genting Singapore's current Cash Flow from Operations (TTM) was 660. ==> 660 > 421 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0.892/6220.9925
=0.00014339

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=1.588/5926.211
=0.00026796

Genting Singapore's gearing of this year was 0.00014339. Genting Singapore's gearing of last year was 0.00026796. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=2723.945/522.574
=5.21255363

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=2521.397/412.531
=6.11201825

Genting Singapore's current ratio of this year was 5.21255363. Genting Singapore's current ratio of last year was 6.11201825. ==> 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.

Genting Singapore's number of shares in issue this year was 12074.242. Genting Singapore's number of shares in issue last year was 12081.382. ==> 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
=607.684/1664.263
=0.365137

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=420.286/1204.847
=0.34882935

Genting Singapore's gross margin of this year was 0.365137. Genting Singapore's gross margin of last year was 0.34882935. ==> 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 (Dec22)
=1664.263/6145.473
=0.27081121

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=1204.847/5706.949
=0.21111929

Genting Singapore's asset turnover of this year was 0.27081121. Genting Singapore's asset turnover of last year was 0.21111929. ==> 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+1+1+0+1+1+1
=8

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

Genting Singapore has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Genting Singapore  (STU:36T) 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.


Genting Singapore Piotroski F-Score Related Terms

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Genting Singapore Business Description

Traded in Other Exchanges
Address
10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270
Genting Singapore is engaged in the development and operation of integrated resort destinations, including gaming, hospitality, meetings, and leisure and entertainment facilities. It owns Resorts World Sentosa in Singapore, one of the leading integrated resort destinations in Asia, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore theme park, facilities for meetings, incentives, conventions, and exhibitions, hotels, Michelin-starred restaurants, and specialty retail outlets.

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