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YNVYF (Ynvisible Interactive) Piotroski F-Score : 5 (As of Mar. 28, 2025)


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What is Ynvisible Interactive 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

Ynvisible Interactive has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

YNVYF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Ynvisible Interactive was 6. The lowest was 2. And the median was 3.


Ynvisible Interactive Piotroski F-Score Historical Data

The historical data trend for Ynvisible Interactive'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.

Ynvisible Interactive Piotroski F-Score Chart

Ynvisible Interactive Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 4.00 6.00 3.00

Ynvisible Interactive 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 5.00 3.00 N/A N/A 5.00

Competitive Comparison of Ynvisible Interactive's Piotroski F-Score

For the Electronic Components subindustry, Ynvisible Interactive'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.


Ynvisible Interactive's Piotroski F-Score Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ynvisible Interactive's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ynvisible Interactive'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was -0.839 + -0.962 + -0.87 + -0.712 = $-3.38 Mil.
Cash Flow from Operations was -0.719 + -0.741 + -0.731 + -0.694 = $-2.89 Mil.
Revenue was 0.341 + 0.278 + 0.156 + 0.159 = $0.93 Mil.
Gross Profit was 0.186 + 0.202 + 0.003 + 0.066 = $0.46 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(8.424 + 7.974 + 6.831 + 5.564 + 4.8) / 5 = $6.7186 Mil.
Total Assets at the begining of this year (Sep23) was $8.42 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $3.57 Mil.
Total Current Liabilities was $0.77 Mil.
Net Income was -0.751 + -0.872 + -1.106 + -0.896 = $-3.63 Mil.

Revenue was 0.262 + 0.194 + 0.119 + 0.146 = $0.72 Mil.
Gross Profit was 0.177 + 0.151 + 0.014 + -0.01 = $0.33 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(11.709 + 11.1 + 0 + 0 + 8.424) / 5 = $10.411 Mil.
Total Assets at the begining of last year (Sep22) was $11.71 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $7.11 Mil.
Total Current Liabilities was $0.90 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.

Ynvisible Interactive's current Net Income (TTM) was -3.38. ==> 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.

Ynvisible Interactive's current Cash Flow from Operations (TTM) was -2.89. ==> 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 (Sep23)
=-3.383/8.424
=-0.40159069

ROA (Last Year)=Net Income/Total Assets (Sep22)
=-3.625/11.709
=-0.30959091

Ynvisible Interactive's return on assets of this year was -0.40159069. Ynvisible Interactive's return on assets of last year was -0.30959091. ==> 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.

Ynvisible Interactive's current Net Income (TTM) was -3.38. Ynvisible Interactive's current Cash Flow from Operations (TTM) was -2.89. ==> -2.89 > -3.38 ==> 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
=0/6.7186
=0

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=0/10.411
=0

Ynvisible Interactive's gearing of this year was 0. Ynvisible Interactive'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: Sep24)=Total Current Assets/Total Current Liabilities
=3.566/0.768
=4.64322917

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=7.105/0.898
=7.91202673

Ynvisible Interactive's current ratio of this year was 4.64322917. Ynvisible Interactive's current ratio of last year was 7.91202673. ==> 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.

Ynvisible Interactive's number of shares in issue this year was 124.672. Ynvisible Interactive's number of shares in issue last year was 124.672. ==> 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
=0.457/0.934
=0.48929336

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.332/0.721
=0.46047157

Ynvisible Interactive's gross margin of this year was 0.48929336. Ynvisible Interactive's gross margin of last year was 0.46047157. ==> 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 (Sep23)
=0.934/8.424
=0.11087369

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=0.721/11.709
=0.06157657

Ynvisible Interactive's asset turnover of this year was 0.11087369. Ynvisible Interactive's asset turnover of last year was 0.06157657. ==> 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+0+0+1+1+0+1+1+1
=5

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

Ynvisible Interactive has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Ynvisible Interactive  (OTCPK:YNVYF) 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.


Ynvisible Interactive Piotroski F-Score Related Terms

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Ynvisible Interactive Business Description

Traded in Other Exchanges
Address
1100 Melville Street, P.O. Box 43, Suite 830, Vancouver, BC, CAN, V6E 4A6
Ynvisible Interactive Inc designs and develops printed electronic components. Its products and services include electrochromic displays; services for product design, prototyping, and R&D for tailored application needs; graphics, electronics, user interface, and product integration design; technology transfer and licensing. The company has one operating segment being the development and sale of EC displays in Europe.

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