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Agape Global Investments (XMAU:DCPL.N0000) Piotroski F-Score : N/A (As of Mar. 30, 2025)


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What is Agape Global Investments 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

Agape Global Investments 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 Agape Global Investments's Piotroski F-Score or its related term are showing as below:

During the past 13 years, the highest Piotroski F-Score of Agape Global Investments was 7. The lowest was 1. And the median was 4.


Agape Global Investments Piotroski F-Score Historical Data

The historical data trend for Agape Global Investments'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.

Agape Global Investments Piotroski F-Score Chart

Agape Global Investments Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 6.00 4.00 4.00

Agape Global Investments Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Feb23 May23 Aug23 Nov23 May24 Aug24 Nov24
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 N/A N/A 4.00 N/A N/A

Competitive Comparison of Agape Global Investments's Piotroski F-Score

For the Asset Management subindustry, Agape Global Investments'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.


Agape Global Investments's Piotroski F-Score Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Agape Global Investments's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Agape Global Investments'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 (Nov24) TTM:Last Year (Aug23) TTM:
Net Income was 0 + 0 + 0 + -3.708 = MUR-3.71 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = MUR0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = MUR0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = MUR0.00 Mil.
Average Total Assets from the begining of this year (Aug23)
to the end of this year (Nov24) was
(0 + 0 + 50.316 + 50.316 + 141.882) / 5 = MUR80.838 Mil.
Total Assets at the begining of this year (Aug23) was MUR0.00 Mil.
Long-Term Debt & Capital Lease Obligation was MUR0.00 Mil.
Total Current Assets was MUR50.32 Mil.
Total Current Liabilities was MUR8.65 Mil.
Net Income was -91.749 + 0 + -65.287 + 0 = MUR-157.04 Mil.

Revenue was 0.137 + 0 + 0 + 0 = MUR0.14 Mil.
Gross Profit was 0.183 + 0 + 0 + 0 = MUR0.18 Mil.
Average Total Assets from the begining of last year (Nov21)
to the end of last year (Aug23) was
(319.2 + 288.709 + 66.294 + 0 + 0) / 5 = MUR224.73433333 Mil.
Total Assets at the begining of last year (Nov21) was MUR319.20 Mil.
Long-Term Debt & Capital Lease Obligation was MUR0.00 Mil.
Total Current Assets was MUR0.00 Mil.
Total Current Liabilities was MUR0.00 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.

Agape Global Investments's current Net Income (TTM) was -3.71. ==> 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.

Agape Global Investments's current Cash Flow from Operations (TTM) was 0.00. ==> 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 (Aug23)
=-3.708/0
=

ROA (Last Year)=Net Income/Total Assets (Nov21)
=-157.036/319.2
=-0.49196742

Agape Global Investments's return on assets of this year was . Agape Global Investments's return on assets of last year was -0.49196742. ==> 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.

Agape Global Investments's current Net Income (TTM) was -3.71. Agape Global Investments's current Cash Flow from Operations (TTM) was 0.00. ==> 0.00 > -3.71 ==> 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: Nov24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug23 to Nov24
=0/80.838
=0

Gearing (Last Year: Aug23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov21 to Aug23
=0/224.73433333
=0

Agape Global Investments's gearing of this year was 0. Agape Global Investments'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: Nov24)=Total Current Assets/Total Current Liabilities
=50.316/8.653
=5.8148619

Current Ratio (Last Year: Aug23)=Total Current Assets/Total Current Liabilities
=0/0
=

Agape Global Investments's current ratio of this year was 5.8148619. Agape Global Investments'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.

Agape Global Investments's number of shares in issue this year was 292.143. Agape Global Investments's number of shares in issue last year was 0. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.183/0.137
=1.33576642

Agape Global Investments's gross margin of this year was . Agape Global Investments's gross margin of last year was 1.33576642. ==> 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 (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov21)
=0.137/319.2
=0.0004292

Agape Global Investments's asset turnover of this year was . Agape Global Investments's asset turnover of last year was 0.0004292. ==> 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
=0+0+0+1+1+1+0+0+0
=3

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

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

Agape Global Investments  (XMAU:DCPL.N0000) 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.


Agape Global Investments Piotroski F-Score Related Terms

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Agape Global Investments Business Description

Traded in Other Exchanges
N/A
Address
2360 Hood Avenue, San Diego, CA, USA, 92123
Agape Global Investments Ltd is a publicly-quoted Private Equity Investment Holding Company, The company's strategy is to invest from its balance sheet and with the funds of partners and co-investors.

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