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EPIC Suisse AG (XSWX:EPIC) Piotroski F-Score : 8 (As of Apr. 10, 2025)


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What is EPIC Suisse AG 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

EPIC Suisse AG 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 EPIC Suisse AG's Piotroski F-Score or its related term are showing as below:

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

During the past 9 years, the highest Piotroski F-Score of EPIC Suisse AG was 8. The lowest was 3. And the median was 6.


EPIC Suisse AG Piotroski F-Score Historical Data

The historical data trend for EPIC Suisse AG'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.

EPIC Suisse AG Piotroski F-Score Chart

EPIC Suisse AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 6.00 7.00 3.00 6.00 8.00

EPIC Suisse AG Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 3.00 - 6.00 - 8.00

Competitive Comparison of EPIC Suisse AG's Piotroski F-Score

For the Real Estate Services subindustry, EPIC Suisse AG'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.


EPIC Suisse AG's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EPIC Suisse AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where EPIC Suisse AG'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 (Dec23) TTM:
Net Income was CHF47.28 Mil.
Cash Flow from Operations was CHF48.48 Mil.
Revenue was CHF66.17 Mil.
Gross Profit was CHF59.67 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (1578.434 + 1641.672) / 2 = CHF1610.053 Mil.
Total Assets at the begining of this year (Dec23) was CHF1,578.43 Mil.
Long-Term Debt & Capital Lease Obligation was CHF630.77 Mil.
Total Current Assets was CHF15.76 Mil.
Total Current Liabilities was CHF60.34 Mil.
Net Income was CHF17.63 Mil.

Revenue was CHF65.33 Mil.
Gross Profit was CHF58.67 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (1563.201 + 1578.434) / 2 = CHF1570.8175 Mil.
Total Assets at the begining of last year (Dec22) was CHF1,563.20 Mil.
Long-Term Debt & Capital Lease Obligation was CHF619.34 Mil.
Total Current Assets was CHF22.87 Mil.
Total Current Liabilities was CHF23.63 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.

EPIC Suisse AG's current Net Income (TTM) was 47.28. ==> 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.

EPIC Suisse AG's current Cash Flow from Operations (TTM) was 48.48. ==> 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 (Dec23)
=47.276/1578.434
=0.0299512

ROA (Last Year)=Net Income/Total Assets (Dec22)
=17.627/1563.201
=0.01127622

EPIC Suisse AG's return on assets of this year was 0.0299512. EPIC Suisse AG's return on assets of last year was 0.01127622. ==> 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.

EPIC Suisse AG's current Net Income (TTM) was 47.28. EPIC Suisse AG's current Cash Flow from Operations (TTM) was 48.48. ==> 48.48 > 47.28 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=630.767/1610.053
=0.39176785

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=619.335/1570.8175
=0.39427559

EPIC Suisse AG's gearing of this year was 0.39176785. EPIC Suisse AG's gearing of last year was 0.39427559. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=15.76/60.341
=0.26118228

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=22.865/23.632
=0.96754401

EPIC Suisse AG's current ratio of this year was 0.26118228. EPIC Suisse AG's current ratio of last year was 0.96754401. ==> 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.

EPIC Suisse AG's number of shares in issue this year was 10.33. EPIC Suisse AG's number of shares in issue last year was 10.33. ==> 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
=59.67/66.166
=0.90182269

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=58.67/65.333
=0.89801479

EPIC Suisse AG's gross margin of this year was 0.90182269. EPIC Suisse AG's gross margin of last year was 0.89801479. ==> 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 (Dec23)
=66.166/1578.434
=0.04191876

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=65.333/1563.201
=0.04179437

EPIC Suisse AG's asset turnover of this year was 0.04191876. EPIC Suisse AG's asset turnover of last year was 0.04179437. ==> 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+0+1+1+1
=8

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

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

EPIC Suisse AG  (XSWX:EPIC) 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.


EPIC Suisse AG Piotroski F-Score Related Terms

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EPIC Suisse AG Business Description

Traded in Other Exchanges
Address
Seefeldstrasse 5a, Zurich, CHE, 8008
EPIC Suisse AG operates in the real estate industry. The company builds, invests and manages office buildings, logistics facilities and shopping centers. The company's operating activities are divided in accordance with the classification of real estate properties which is Investment properties in operation and Investment properties under development/construction.

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