Inter Industries Plus (XTAE:ININ) Piotroski F-Score

View and export this data going back to 1995. Start your Free Trial

What is Inter Industries Plus Piotroski F-Score?

Inter Industries Plus does not have enough data to calculate Piotroski F-Score.

Inter Industries Plus Piotroski F-Score Historical Data

The historical data trend for Inter Industries Plus'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.

Inter Industries Plus Piotroski F-Score Chart

Inter Industries Plus Annual Data

Trend

Piotroski F-Score

Inter Industries Plus Quarterly Data

Piotroski F-Score

Inter Industries Plus (XTAE:ININ) 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.

Inter Industries Plus Piotroski F-Score Related Terms

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

Inter Industries Plus (XTAE:ININ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inter Industries Plus Ltd (XTAE:ININ) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tziporit Industrial Zone, Nazareth Illit, ISR, 171000

Website

http://www.interelectric.co.il

Inter Industries Plus Ltd is engaged in the manufacturing of high and low voltage power boards and overhead power lines. Also, the company provides installation of electro-mechanical systems, power supply, and lighting solutions.

Inter Industries Plus (XTAE:ININ) Headlines

From GuruFocus

Interactive Intelligence Inc. (ININ) CFO Stephen R Head sells 2,500 Shares

By GuruFocus Research GuruFocus Editor • 03-05-2010

Interactive Intelligence Inc. (ININ) CFO Stephen R Head sells 5,000 Shares

By GuruFocus Research GuruFocus Editor • 09-08-2009

Interactive Intelligence Inc. (ININ) Chairman, President and CEO, 10% Owner Donald E Brown sells 115,000 Shares

By GuruFocus Research GuruFocus Editor • 11-10-2010

Interactive Intelligence Inc. (ININ) Chairman, President and CEO, 10% Owner Donald E Brown sells 152,700 Shares

By GuruFocus Research GuruFocus Editor • 02-10-2011

Interactive Intelligence Inc. (ININ) CFO Stephen R Head sells 5,000 Shares

By GuruFocus Research GuruFocus Editor • 12-14-2010