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Samt Co (XKRX:031330) Piotroski F-Score : 6 (As of Dec. 15, 2024)


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What is Samt 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

Samt Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

XKRX:031330' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Samt Co was 8. The lowest was 3. And the median was 5.


Samt Co Piotroski F-Score Historical Data

The historical data trend for Samt 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.

Samt Co Piotroski F-Score Chart

Samt Co 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 5.00 7.00 4.00 5.00

Samt Co 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 6.00 6.00

Competitive Comparison of Samt Co's Piotroski F-Score

For the Electronics & Computer Distribution subindustry, Samt 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.


Samt Co's Piotroski F-Score Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samt Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Samt 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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 12003.879 + 15961.25 + 21598.802 + 7908.204 = ₩57,472 Mil.
Cash Flow from Operations was 45209.12 + -138862.601 + 16512.62 + 47740.882 = ₩-29,400 Mil.
Revenue was 630052.134 + 689913.75 + 718130.681 + 734084.884 = ₩2,772,181 Mil.
Gross Profit was 24988.453 + 30778.663 + 28065.281 + 24303.191 = ₩108,136 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(687524.392 + 671905.876 + 825906.111 + 846786.939 + 734289.9) / 5 = ₩753282.6436 Mil.
Total Assets at the begining of this year (Sep23) was ₩687,524 Mil.
Long-Term Debt & Capital Lease Obligation was ₩335 Mil.
Total Current Assets was ₩623,493 Mil.
Total Current Liabilities was ₩320,813 Mil.
Net Income was 11210.896 + 5727.136 + 6479.891 + 8730.629 = ₩32,149 Mil.

Revenue was 563865.388 + 483795.056 + 490069.847 + 541150.643 = ₩2,078,881 Mil.
Gross Profit was 22710.252 + 21193.007 + 22640.818 + 23978.878 = ₩90,523 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(669302.795 + 703586.022 + 624938.338 + 694494.983 + 687524.392) / 5 = ₩675969.306 Mil.
Total Assets at the begining of last year (Sep22) was ₩669,303 Mil.
Long-Term Debt & Capital Lease Obligation was ₩721 Mil.
Total Current Assets was ₩583,813 Mil.
Total Current Liabilities was ₩310,111 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.

Samt Co's current Net Income (TTM) was 57,472. ==> 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.

Samt Co's current Cash Flow from Operations (TTM) was -29,400. ==> 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 (Sep23)
=57472.135/687524.392
=0.08359287

ROA (Last Year)=Net Income/Total Assets (Sep22)
=32148.552/669302.795
=0.0480329

Samt Co's return on assets of this year was 0.08359287. Samt Co's return on assets of last year was 0.0480329. ==> 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.

Samt Co's current Net Income (TTM) was 57,472. Samt Co's current Cash Flow from Operations (TTM) was -29,400. ==> -29,400 <= 57,472 ==> CFROA <= ROA ==> Score 0.

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
=335.211/753282.6436
=0.000445

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=720.832/675969.306
=0.00106637

Samt Co's gearing of this year was 0.000445. Samt Co's gearing of last year was 0.00106637. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=623493.384/320812.875
=1.94347993

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=583813.185/310111.15
=1.88259334

Samt Co's current ratio of this year was 1.94347993. Samt Co's current ratio of last year was 1.88259334. ==> This year's current ratio is higher. ==> Score 1.

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.

Samt Co's number of shares in issue this year was 97.632. Samt Co's number of shares in issue last year was 98.097. ==> 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
=108135.588/2772181.449
=0.0390074

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=90522.955/2078880.934
=0.04354408

Samt Co's gross margin of this year was 0.0390074. Samt Co's gross margin of last year was 0.04354408. ==> 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)
=2772181.449/687524.392
=4.03212087

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=2078880.934/669302.795
=3.10603952

Samt Co's asset turnover of this year was 4.03212087. Samt Co's asset turnover of last year was 3.10603952. ==> 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+0+1+0+1+1+1+0+1
=6

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

Samt Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Samt Co  (XKRX:031330) 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.


Samt Co Piotroski F-Score Related Terms

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Samt Co Business Description

Traded in Other Exchanges
N/A
Address
315 Daegyeong Building, Yeongdong Daero, Gangnam-gu, Seoul, KOR
Samt Co Ltd manufactures and markets components for information and communications such as flash memory, TFT-LCD panel, CPU, digital devices. Its business divisions are memory, display, system LSI, LED, energy, digital module and component, 3D printer, personal computer storage, and energy solutions. The overseas branches are in China and Hong Kong.

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