GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Signify NV (OTCPK:PHPPY) » Definitions » Mohanram G-Score

PHPPY (Signify NV) Mohanram G-Score : 5 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Signify NV Mohanram G-Score?

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Signify NV has an G-score of 5.

The historical rank and industry rank for Signify NV's Mohanram G-Score or its related term are showing as below:

PHPPY' s Mohanram G-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski G-score of Signify NV was 6. The lowest was 3. And the median was 4.


Signify NV Mohanram G-Score Historical Data

The historical data trend for Signify NV's Mohanram G-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.

Signify NV Mohanram G-Score Chart

Signify NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 6.00 4.00 4.00 5.00

Signify NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Mohanram G-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 4.00 4.00 4.00 4.00 5.00

Competitive Comparison of Signify NV's Mohanram G-Score

For the Electrical Equipment & Parts subindustry, Signify NV's Mohanram G-Score, along with its competitors' market caps and Mohanram G-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.


Signify NV's Mohanram G-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Signify NV's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Signify NV's Mohanram G-Score falls into.



Signify NV Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* 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.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Signify NV has an G-score of 5.

Signify NV  (OTCPK:PHPPY) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Signify NV Mohanram G-Score Related Terms

Thank you for viewing the detailed overview of Signify NV's Mohanram G-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Signify NV Business Description

Address
High Tech Campus 48, Eindhoven, NLD, 5656 AE
Signify NV is a lighting solutions provider based in the Netherlands. Its product portfolio includes luminaires, lamps, LED lamps, LED tubes, and decorative lighting. The company operates through three segments, with the Digital Solutions segment being the largest. Signify generates most of its revenues from this segment and operates mainly in Europe, the Americas, and other international markets.

Signify NV Headlines

From GuruFocus

Q3 2023 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Signify NV Extraordinary Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Q3 2022 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2024 Signify NV Earnings Call Transcript

By GuruFocus Research 07-27-2024

Q4 2023 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2021 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2022 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2024 Signify NV Earnings Call Transcript

By GuruFocus Research 04-27-2024