GURUFOCUS.COM » STOCK LIST » Technology » Software » CyberCatch Holdings Inc (TSXV:CYBE) » Definitions » Piotroski F-Score

CyberCatch Holdings (TSXV:CYBE) Piotroski F-Score : N/A (As of Dec. 14, 2024)


View and export this data going back to 2023. Start your Free Trial

What is CyberCatch 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

CyberCatch 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 CyberCatch Holdings's Piotroski F-Score or its related term are showing as below:


CyberCatch Holdings Piotroski F-Score Historical Data

The historical data trend for CyberCatch 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.

CyberCatch Holdings Piotroski F-Score Chart

CyberCatch Holdings Annual Data
Trend Jul21 Jul22 Jul23
Piotroski F-Score
N/A N/A N/A

CyberCatch Holdings Quarterly Data
Jul21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of CyberCatch Holdings's Piotroski F-Score

For the Software - Infrastructure subindustry, CyberCatch 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.


CyberCatch Holdings's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, CyberCatch Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CyberCatch Holdings'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 (Apr24) TTM:Last Year (Apr23) TTM:
Net Income was -1.539 + -1.371 + -0.619 + -0.754 = C$-4.28 Mil.
Cash Flow from Operations was -2.311 + -0.625 + -0.172 + 0.025 = C$-3.08 Mil.
Revenue was 0.09 + 0.162 + 0.214 + 0.139 = C$0.61 Mil.
Gross Profit was -0.003 + 0.067 + -0.034 + 0.054 = C$0.08 Mil.
Average Total Assets from the begining of this year (Apr23)
to the end of this year (Apr24) was
(3.996 + 2.598 + 1.647 + 0.986 + 0.867) / 5 = C$2.0188 Mil.
Total Assets at the begining of this year (Apr23) was C$4.00 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.
Total Current Assets was C$0.45 Mil.
Total Current Liabilities was C$2.97 Mil.
Net Income was -1.148 + -1.146 + -0.89 + -9.233 = C$-12.42 Mil.

Revenue was 0.031 + 0.049 + 0.06 + 0.066 = C$0.21 Mil.
Gross Profit was -0.023 + -0.022 + -0.533 + -0.015 = C$-0.59 Mil.
Average Total Assets from the begining of last year (Apr22)
to the end of last year (Apr23) was
(0 + 0.916 + 0 + 0.992 + 3.996) / 5 = C$1.968 Mil.
Total Assets at the begining of last year (Apr22) was C$0.00 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.
Total Current Assets was C$3.21 Mil.
Total Current Liabilities was C$1.70 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.

CyberCatch Holdings's current Net Income (TTM) was -4.28. ==> 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.

CyberCatch Holdings's current Cash Flow from Operations (TTM) was -3.08. ==> 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 (Apr23)
=-4.283/3.996
=-1.07182182

ROA (Last Year)=Net Income/Total Assets (Apr22)
=-12.417/0
=

CyberCatch Holdings's return on assets of this year was -1.07182182. CyberCatch Holdings's return on assets of last year was . ==> 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.

CyberCatch Holdings's current Net Income (TTM) was -4.28. CyberCatch Holdings's current Cash Flow from Operations (TTM) was -3.08. ==> -3.08 > -4.28 ==> 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: Apr24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr23 to Apr24
=0/2.0188
=0

Gearing (Last Year: Apr23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr22 to Apr23
=0/1.968
=0

CyberCatch Holdings's gearing of this year was 0. CyberCatch Holdings's gearing of last year was 0. ==> 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: Apr24)=Total Current Assets/Total Current Liabilities
=0.452/2.965
=0.15244519

Current Ratio (Last Year: Apr23)=Total Current Assets/Total Current Liabilities
=3.207/1.704
=1.88204225

CyberCatch Holdings's current ratio of this year was 0.15244519. CyberCatch Holdings's current ratio of last year was 1.88204225. ==> 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.

CyberCatch Holdings's number of shares in issue this year was 5.692. CyberCatch Holdings's number of shares in issue last year was 3.902. ==> 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
=0.084/0.605
=0.13884298

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.593/0.206
=-2.87864078

CyberCatch Holdings's gross margin of this year was 0.13884298. CyberCatch Holdings's gross margin of last year was -2.87864078. ==> 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 (Apr23)
=0.605/3.996
=0.1514014

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr22)
=0.206/0
=

CyberCatch Holdings's asset turnover of this year was 0.1514014. CyberCatch Holdings's asset turnover of last year was . ==> 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+0+1+1+1+0+0+1+1
=5

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

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

CyberCatch Holdings  (TSXV:CYBE) 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.


CyberCatch Holdings Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of CyberCatch Holdings's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


CyberCatch Holdings Business Description

Traded in Other Exchanges
Address
4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121
CyberCatch Holdings Inc provides a Software as a Service (SaaS) cybersecurity solution to small and medium sized organizations in Canada and the United States. The SaaS solution enables continuous compliance with cybersecurity mandates and cyber risk mitigation via automated benchmarking and testing of cyber security controls to detect and remediate security weaknesses to prevent data thefts and ransomware attacks. The Company operates in one reportable segment, being the cyber security solutions and geographically, majority of its operations are in the United States.
Executives
Mark Healy Director