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Uponor Oyj (Uponor Oyj) Piotroski F-Score : 4 (As of May. 22, 2024)


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What is Uponor Oyj 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

Uponor Oyj 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 Uponor Oyj's Piotroski F-Score or its related term are showing as below:

UPNRF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 4

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


Uponor Oyj Piotroski F-Score Historical Data

The historical data trend for Uponor Oyj'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.

Uponor Oyj Piotroski F-Score Chart

Uponor Oyj Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 6.00 6.00 6.00

Uponor Oyj Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.00 8.00 5.00 4.00

Competitive Comparison of Uponor Oyj's Piotroski F-Score

For the Building Products & Equipment subindustry, Uponor Oyj'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.


Uponor Oyj's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Uponor Oyj's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Uponor Oyj'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 (Sep23) TTM:Last Year (Sep22) TTM:
Net Income was 1.801 + 33.191 + 22.644 + 22.839 = $80 Mil.
Cash Flow from Operations was 29.237 + 24.625 + 25.677 + 86.66 = $166 Mil.
Revenue was 292.903 + 352.677 + 341.82 + 318.57 = $1,306 Mil.
Gross Profit was 97.352 + 139.507 + 136.186 + 129.349 = $502 Mil.
Average Total Assets from the begining of this year (Sep22)
to the end of this year (Sep23) was
(1030.198 + 1027.331 + 1060.278 + 1121.885 + 1028.602) / 5 = $1053.6588 Mil.
Total Assets at the begining of this year (Sep22) was $1,030 Mil.
Long-Term Debt & Capital Lease Obligation was $115 Mil.
Total Current Assets was $571 Mil.
Total Current Liabilities was $342 Mil.
Net Income was 18.983 + 36.013 + 25.687 + 28.911 = $110 Mil.

Revenue was 372.09 + 384.912 + 418.816 + 360.396 = $1,536 Mil.
Gross Profit was 133.107 + 147.247 + 154.017 + 131.287 = $566 Mil.
Average Total Assets from the begining of last year (Sep21)
to the end of last year (Sep22) was
(1111.529 + 1092.881 + 1065.198 + 1100.211 + 1030.198) / 5 = $1080.0034 Mil.
Total Assets at the begining of last year (Sep21) was $1,112 Mil.
Long-Term Debt & Capital Lease Obligation was $97 Mil.
Total Current Assets was $589 Mil.
Total Current Liabilities was $327 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.

Uponor Oyj's current Net Income (TTM) was 80. ==> 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.

Uponor Oyj's current Cash Flow from Operations (TTM) was 166. ==> 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 (Sep22)
=80.475/1030.198
=0.07811605

ROA (Last Year)=Net Income/Total Assets (Sep21)
=109.594/1111.529
=0.09859752

Uponor Oyj's return on assets of this year was 0.07811605. Uponor Oyj's return on assets of last year was 0.09859752. ==> 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.

Uponor Oyj's current Net Income (TTM) was 80. Uponor Oyj's current Cash Flow from Operations (TTM) was 166. ==> 166 > 80 ==> 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: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=114.514/1053.6588
=0.10868224

Gearing (Last Year: Sep22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep21 to Sep22
=96.634/1080.0034
=0.08947564

Uponor Oyj's gearing of this year was 0.10868224. Uponor Oyj's gearing of last year was 0.08947564. ==> 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: Sep23)=Total Current Assets/Total Current Liabilities
=571.185/342.263
=1.66884822

Current Ratio (Last Year: Sep22)=Total Current Assets/Total Current Liabilities
=589.307/327.228
=1.8009064

Uponor Oyj's current ratio of this year was 1.66884822. Uponor Oyj's current ratio of last year was 1.8009064. ==> 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.

Uponor Oyj's number of shares in issue this year was 73.793. Uponor Oyj's number of shares in issue last year was 73. ==> 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
=502.394/1305.97
=0.38469031

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=565.658/1536.214
=0.36821563

Uponor Oyj's gross margin of this year was 0.38469031. Uponor Oyj's gross margin of last year was 0.36821563. ==> 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 (Sep22)
=1305.97/1030.198
=1.26768835

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep21)
=1536.214/1111.529
=1.3820728

Uponor Oyj's asset turnover of this year was 1.26768835. Uponor Oyj's asset turnover of last year was 1.3820728. ==> 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
=1+1+0+1+0+0+0+1+0
=4

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

Uponor Oyj has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Uponor Oyj  (OTCPK:UPNRF) 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.


Uponor Oyj Piotroski F-Score Related Terms

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Uponor Oyj (Uponor Oyj) Business Description

Traded in Other Exchanges
Address
Ayritie 20, P.O Box 37, Vantaa, FIN, FI-01511
Uponor Oyj is a provider of drinking water and radiant heating and cooling systems. The company offers plumbing solutions, indoor climate solutions, and infrastructure solutions, such as sewer water systems and waste water treatment systems. The company serves building markets such as residential, commercial, industrial, and civil engineering sectors. Uponor operates three business segments: building solutions Europe, building solutions North America, and Uponor Infra. The largest single country by net sales is the United States of America, while Europe makes up most of the sales.

Uponor Oyj (Uponor Oyj) Headlines

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