GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Westwing Group SE (XTER:WEW) » Definitions » Piotroski F-Score

Westwing Group SE (XTER:WEW) Piotroski F-Score : 6 (As of Apr. 02, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Westwing Group SE 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

Westwing Group SE has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

XTER:WEW' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 8
Current: 6

During the past 11 years, the highest Piotroski F-Score of Westwing Group SE was 8. The lowest was 3. And the median was 4.


Westwing Group SE Piotroski F-Score Historical Data

The historical data trend for Westwing Group SE'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.

Westwing Group SE Piotroski F-Score Chart

Westwing Group SE 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 8.00 3.00 3.00 7.00 6.00

Westwing Group SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 7.00 7.00 6.00 6.00

Competitive Comparison of Westwing Group SE's Piotroski F-Score

For the Furnishings, Fixtures & Appliances subindustry, Westwing Group SE'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.


Westwing Group SE's Piotroski F-Score Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Westwing Group SE's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Westwing Group SE'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was -1.9 + -3 + -1.9 + 1.8 = €-5.0 Mil.
Cash Flow from Operations was 11 + -9.6 + -3.9 + 19 = €16.5 Mil.
Revenue was 108.6 + 106 + 95.8 + 134 = €444.4 Mil.
Gross Profit was 55.8 + 53.6 + 48.4 + 67.9 = €225.7 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(203.4 + 212.9 + 197.7 + 195.2 + 199.3) / 5 = €201.7 Mil.
Total Assets at the begining of this year (Dec23) was €203.4 Mil.
Long-Term Debt & Capital Lease Obligation was €24.4 Mil.
Total Current Assets was €139.2 Mil.
Total Current Liabilities was €105.9 Mil.
Net Income was 0.9 + -2.7 + -3.7 + -6.9 = €-12.4 Mil.

Revenue was 102.9 + 101.8 + 92.9 + 131 = €428.6 Mil.
Gross Profit was 51 + 51.1 + 46.3 + 64.6 = €213.0 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(228.3 + 229.6 + 217 + 206.7 + 203.4) / 5 = €217 Mil.
Total Assets at the begining of last year (Dec22) was €228.3 Mil.
Long-Term Debt & Capital Lease Obligation was €25.5 Mil.
Total Current Assets was €136.4 Mil.
Total Current Liabilities was €91.7 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.

Westwing Group SE's current Net Income (TTM) was -5.0. ==> 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.

Westwing Group SE's current Cash Flow from Operations (TTM) was 16.5. ==> 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)
=-5/203.4
=-0.0245821

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-12.4/228.3
=-0.0543145

Westwing Group SE's return on assets of this year was -0.0245821. Westwing Group SE's return on assets of last year was -0.0543145. ==> 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.

Westwing Group SE's current Net Income (TTM) was -5.0. Westwing Group SE's current Cash Flow from Operations (TTM) was 16.5. ==> 16.5 > -5.0 ==> 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
=24.4/201.7
=0.12097174

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=25.5/217
=0.11751152

Westwing Group SE's gearing of this year was 0.12097174. Westwing Group SE's gearing of last year was 0.11751152. ==> 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
=139.2/105.9
=1.31444759

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=136.4/91.7
=1.48745911

Westwing Group SE's current ratio of this year was 1.31444759. Westwing Group SE's current ratio of last year was 1.48745911. ==> 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.

Westwing Group SE's number of shares in issue this year was 18.823. Westwing Group SE's number of shares in issue last year was 20.103. ==> 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
=225.7/444.4
=0.50787579

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=213/428.6
=0.49696687

Westwing Group SE's gross margin of this year was 0.50787579. Westwing Group SE's gross margin of last year was 0.49696687. ==> 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)
=444.4/203.4
=2.18485742

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=428.6/228.3
=1.87735436

Westwing Group SE's asset turnover of this year was 2.18485742. Westwing Group SE's asset turnover of last year was 1.87735436. ==> 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
=0+1+1+1+0+0+1+1+1
=6

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

Westwing Group SE has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Westwing Group SE  (XTER:WEW) 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.


Westwing Group SE Piotroski F-Score Related Terms

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


Westwing Group SE Business Description

Traded in Other Exchanges
Address
Moosacher Strasse 88, Munich, BY, DEU, 80809
Westwing Group SE is the platform for home and living eCommerce in Europe. It offers Home and Living categories such as Textiles, furniture, lighting, and kitchenware. Its operating segments are DACH and International. DACH comprises businesses in Germany, Austria, and Switzerland. International includes its operations in Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia. It generates its revenue from the DACH segment.
Executives
Andreas Hoerning Board of Directors
Christoph Barchewitz Supervisory Board
Sebastian Westrich Board of Directors
Sebastian Säuberlich Board of Directors
Dr. Antonella Mei-pochtler Supervisory Board
Thomas Harding Supervisory Board

Westwing Group SE Headlines

No Headlines