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Sunday Co (TSE:7450) Piotroski F-Score : 5 (As of Dec. 12, 2024)


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What is Sunday Co 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

Sunday Co 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 Sunday Co's Piotroski F-Score or its related term are showing as below:

TSE:7450' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Sunday Co was 8. The lowest was 2. And the median was 4.


Sunday Co Piotroski F-Score Historical Data

The historical data trend for Sunday Co'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.

Sunday Co Piotroski F-Score Chart

Sunday Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.00 3.00 5.00 5.00

Sunday Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - -

Competitive Comparison of Sunday Co's Piotroski F-Score

For the Home Improvement Retail subindustry, Sunday Co'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.


Sunday Co's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sunday Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sunday Co'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 (Feb24) TTM:Last Year (Feb23) TTM:
Net Income was 円-150 Mil.
Cash Flow from Operations was 円171 Mil.
Revenue was 円47,377 Mil.
Gross Profit was 円14,981 Mil.
Average Total Assets from the begining of this year (Feb23)
to the end of this year (Feb24) was (34408.574 + 35193.915) / 2 = 円34801.2445 Mil.
Total Assets at the begining of this year (Feb23) was 円34,409 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,131 Mil.
Total Current Assets was 円13,364 Mil.
Total Current Liabilities was 円18,148 Mil.
Net Income was 円508 Mil.

Revenue was 円49,094 Mil.
Gross Profit was 円15,501 Mil.
Average Total Assets from the begining of last year (Feb22)
to the end of last year (Feb23) was (33378.269 + 34408.574) / 2 = 円33893.4215 Mil.
Total Assets at the begining of last year (Feb22) was 円33,378 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,674 Mil.
Total Current Assets was 円12,623 Mil.
Total Current Liabilities was 円16,557 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.

Sunday Co's current Net Income (TTM) was -150. ==> 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.

Sunday Co's current Cash Flow from Operations (TTM) was 171. ==> 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 (Feb23)
=-149.694/34408.574
=-0.00435049

ROA (Last Year)=Net Income/Total Assets (Feb22)
=508.223/33378.269
=0.01522616

Sunday Co's return on assets of this year was -0.00435049. Sunday Co's return on assets of last year was 0.01522616. ==> 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.

Sunday Co's current Net Income (TTM) was -150. Sunday Co's current Cash Flow from Operations (TTM) was 171. ==> 171 > -150 ==> 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: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb23 to Feb24
=4131.314/34801.2445
=0.11871167

Gearing (Last Year: Feb23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb22 to Feb23
=4673.767/33893.4215
=0.13789599

Sunday Co's gearing of this year was 0.11871167. Sunday Co's gearing of last year was 0.13789599. ==> 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: Feb24)=Total Current Assets/Total Current Liabilities
=13364.493/18147.927
=0.73641981

Current Ratio (Last Year: Feb23)=Total Current Assets/Total Current Liabilities
=12623.471/16557.338
=0.76240945

Sunday Co's current ratio of this year was 0.73641981. Sunday Co's current ratio of last year was 0.76240945. ==> 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.

Sunday Co's number of shares in issue this year was 10.759. Sunday Co's number of shares in issue last year was 10.795. ==> 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
=14980.732/47377.029
=0.31620244

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15501.108/49094.184
=0.31574225

Sunday Co's gross margin of this year was 0.31620244. Sunday Co's gross margin of last year was 0.31574225. ==> 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 (Feb23)
=47377.029/34408.574
=1.37689603

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb22)
=49094.184/33378.269
=1.47084272

Sunday Co's asset turnover of this year was 1.37689603. Sunday Co's asset turnover of last year was 1.47084272. ==> 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+1+0+1+1+0+1+1+0
=5

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

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

Sunday Co  (TSE:7450) 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.


Sunday Co Piotroski F-Score Related Terms

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Sunday Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, No. 10 Negoshi Hachinoji City, Aomori, Hachinohe, JPN, 039-1166
Sunday Co Ltd operates a chain of home improvement centers that principally offers DIY goods, household goods, and leisure-related products. The company is also engaged in the provision of construction services.

Sunday Co Headlines

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