GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleUGames Co Ltd (XKRX:192080) » Definitions » Piotroski F-Score

DoubleUGames Co (XKRX:192080) Piotroski F-Score : 8 (As of Mar. 02, 2025)


View and export this data going back to 2015. Start your Free Trial

What is DoubleUGames Co Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

DoubleUGames Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

XKRX:192080' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 10 years, the highest Piotroski F-Score of DoubleUGames Co was 8. The lowest was 3. And the median was 6.


DoubleUGames Co Piotroski F-Score Historical Data

The historical data trend for DoubleUGames 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.

DoubleUGames Co Piotroski F-Score Chart

DoubleUGames 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 7.00 6.00 6.00 4.00 6.00

DoubleUGames 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 3.00 6.00 6.00 7.00 8.00

Competitive Comparison of DoubleUGames Co's Piotroski F-Score

For the Electronic Gaming & Multimedia subindustry, DoubleUGames 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.


DoubleUGames Co's Piotroski F-Score Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleUGames Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where DoubleUGames 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 36160.885 + 47132.357 + 48988.32 + 29921.3 = ₩162,203 Mil.
Cash Flow from Operations was 49173.632 + 73737.89 + 68445.125 + 59573.641 = ₩250,930 Mil.
Revenue was 153475.609 + 160481.373 + 163135.197 + 154059.806 = ₩631,152 Mil.
Gross Profit was 153475.609 + 160481.373 + 163135.197 + 154059.806 = ₩631,152 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(1274436.607 + 1287800.689 + 1390706.521 + 1469270.996 + 1454659.791) / 5 = ₩1375374.9208 Mil.
Total Assets at the begining of this year (Sep23) was ₩1,274,437 Mil.
Long-Term Debt & Capital Lease Obligation was ₩19,582 Mil.
Total Current Assets was ₩763,210 Mil.
Total Current Liabilities was ₩64,630 Mil.
Net Income was -135245.023 + 39342.503 + 33938.508 + 39621.603 = ₩-22,342 Mil.

Revenue was 157788.975 + 145297.852 + 143943.128 + 139616.986 = ₩586,647 Mil.
Gross Profit was 157788.975 + 145297.852 + 143943.128 + 139616.986 = ₩586,647 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(1722406.796 + 1235636.098 + 1292733.414 + 1209314.496 + 1274436.607) / 5 = ₩1346905.4822 Mil.
Total Assets at the begining of last year (Sep22) was ₩1,722,407 Mil.
Long-Term Debt & Capital Lease Obligation was ₩20,212 Mil.
Total Current Assets was ₩606,954 Mil.
Total Current Liabilities was ₩64,099 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.

DoubleUGames Co's current Net Income (TTM) was 162,203. ==> 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.

DoubleUGames Co's current Cash Flow from Operations (TTM) was 250,930. ==> 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 (Sep23)
=162202.862/1274436.607
=0.12727417

ROA (Last Year)=Net Income/Total Assets (Sep22)
=-22342.409/1722406.796
=-0.01297162

DoubleUGames Co's return on assets of this year was 0.12727417. DoubleUGames Co's return on assets of last year was -0.01297162. ==> 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.

DoubleUGames Co's current Net Income (TTM) was 162,203. DoubleUGames Co's current Cash Flow from Operations (TTM) was 250,930. ==> 250,930 > 162,203 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=19582.283/1375374.9208
=0.01423778

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=20211.799/1346905.4822
=0.0150061

DoubleUGames Co's gearing of this year was 0.01423778. DoubleUGames Co's gearing of last year was 0.0150061. ==> 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
=763209.881/64630.167
=11.80887992

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=606953.683/64099.124
=9.46898561

DoubleUGames Co's current ratio of this year was 11.80887992. DoubleUGames Co's current ratio of last year was 9.46898561. ==> 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.

DoubleUGames Co's number of shares in issue this year was 19.829. DoubleUGames Co's number of shares in issue last year was 23.785. ==> 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
=631151.985/631151.985
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=586646.941/586646.941
=1

DoubleUGames Co's gross margin of this year was 1. DoubleUGames Co's gross margin of last year was 1. ==> 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)
=631151.985/1274436.607
=0.49524

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=586646.941/1722406.796
=0.34059721

DoubleUGames Co's asset turnover of this year was 0.49524. DoubleUGames Co's asset turnover of last year was 0.34059721. ==> 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+1+1+1+1+1+1+0+1
=8

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

DoubleUGames Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

DoubleUGames Co  (XKRX:192080) 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.


DoubleUGames Co Piotroski F-Score Related Terms

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


DoubleUGames Co Business Description

Traded in Other Exchanges
N/A
Address
152 Teheran-ro, Gangnam Finance Center, Gangnam-gu, 16th floor (dong), Seoul, KOR
DoubleUGames Co Ltd is a Korea-based game development company. It offers multiple gaming products such as DoubleU casino game and DoubleU bingo game and others. The company also provides Wookie Casino, a social casino game, as well as bingo, and slot machines games. In addition, it distributes its products domestically and in international markets.

DoubleUGames Co Headlines

No Headlines