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Uracle Co (XKRX:088340) Piotroski F-Score : N/A (As of Apr. 23, 2025)


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What is Uracle 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

Uracle Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

During the past 11 years, the highest Piotroski F-Score of Uracle Co was 7. The lowest was 3. And the median was 5.


Uracle Co Piotroski F-Score Historical Data

The historical data trend for Uracle 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.

Uracle Co Piotroski F-Score Chart

Uracle Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A 3.00 7.00 N/A

Uracle Co Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 N/A 7.00 6.00 N/A N/A

Competitive Comparison of Uracle Co's Piotroski F-Score

For the Software - Application subindustry, Uracle 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.


Uracle Co's Piotroski F-Score Distribution in the Software Industry

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

* The bar in red indicates where Uracle Co's Piotroski F-Score falls into.


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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 (Dec24) TTM:Last Year (Sep23) TTM:
Net Income was 2098.19 + 103.978 + 686.325 + 475.288 = ₩3,364 Mil.
Cash Flow from Operations was 0 + -1142.474 + 0 + 0 = ₩-1,142 Mil.
Revenue was 11724.27 + 11032.55 + 13372.303 + 11555.429 = ₩47,685 Mil.
Gross Profit was 3633.606 + 2656.761 + 3686.465 + 2358.159 = ₩12,335 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Dec24) was
(0 + 26058.409 + 26907.331 + 46408.49 + 40940.906) / 5 = ₩35078.784 Mil.
Total Assets at the begining of this year (Sep23) was ₩0 Mil.
Long-Term Debt & Capital Lease Obligation was ₩158 Mil.
Total Current Assets was ₩34,057 Mil.
Total Current Liabilities was ₩7,504 Mil.
Net Income was 0 + 0 + 131.25 + 683.875 = ₩815 Mil.

Revenue was 0 + 0 + 11854.444 + 10561.462 = ₩22,416 Mil.
Gross Profit was 0 + 0 + 2367.617 + 2867.575 = ₩5,235 Mil.
Average Total Assets from the begining of last year (Dec20)
to the end of last year (Sep23) was
(21566.52 + 23085.154 + 25887.697 + 0 + 0) / 5 = ₩23513.12366667 Mil.
Total Assets at the begining of last year (Dec20) was ₩21,567 Mil.
Long-Term Debt & Capital Lease Obligation was ₩0 Mil.
Total Current Assets was ₩0 Mil.
Total Current Liabilities was ₩0 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.

Uracle Co's current Net Income (TTM) was 3,364. ==> 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.

Uracle Co's current Cash Flow from Operations (TTM) was -1,142. ==> 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)
=3363.781/0
=

ROA (Last Year)=Net Income/Total Assets (Dec20)
=815.125/21566.52
=0.03779585

Uracle Co's return on assets of this year was . Uracle Co's return on assets of last year was 0.03779585. ==> 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.

Uracle Co's current Net Income (TTM) was 3,364. Uracle Co's current Cash Flow from Operations (TTM) was -1,142. ==> -1,142 <= 3,364 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Dec24
=157.989/35078.784
=0.00450383

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec20 to Sep23
=0/23513.12366667
=0

Uracle Co's gearing of this year was 0.00450383. Uracle Co's gearing of last year was 0. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=34057.039/7503.816
=4.53862928

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=0/0
=

Uracle Co's current ratio of this year was 4.53862928. Uracle Co's current ratio of last year was . ==> 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.

Uracle Co's number of shares in issue this year was 4.233. Uracle Co's number of shares in issue last year was 3.737. ==> 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
=12334.991/47684.552
=0.25867897

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5235.192/22415.906
=0.23354809

Uracle Co's gross margin of this year was 0.25867897. Uracle Co's gross margin of last year was 0.23354809. ==> 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 (Sep23)
=47684.552/0
=

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec20)
=22415.906/21566.52
=1.03938447

Uracle Co's asset turnover of this year was . Uracle Co's asset turnover of last year was 1.03938447. ==> 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+0+0+0+0+1+0+1+0
=3

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

Uracle Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Uracle Co  (XKRX:088340) 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.


Uracle Co Piotroski F-Score Related Terms

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Uracle Co Business Description

Traded in Other Exchanges
N/A
Address
33, Bongeunsa-ro 108-gil, Gangnam-gu, Seoul, KOR
Uracle Co Ltd provides a cross-platform development framework for the development of mobile and web applications.

Uracle Co Headlines

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