Perfect Piotroski f score Crew Energy scores a perfect 9.
I have previously identified 2 stocks that have scored perfect on the Piotroski scale. As always, I had to do some manual labour and a stock screener to narrow my findings. I have discovered 2 additional stocks (4 in total ) that meet the criteria for filtering out low p/b stocks. It is possible there are others. These are stocks that have a price to book value less than 1 as well as satisfying the 9 criteria below.
Profitability Criteria Include:
- Positive net income (1 point)
- Positive return on assets (ROA) in the current year (1 point)
- Positive operating cash flow in the current year (1 point)
- Cash flow from operations being greater than net Income (quality of earnings) (1 point)
Leverage, Liquidity, and Source of Funds Criteria Include:
- Lower amount of long term debt in the current period, compared to the previous year (decreased leverage) (1 point)
- Higher current ratio this year compared to the previous year (more liquidity) (1 point)
- No new shares were issued in the last year (lack of dilution) (1 point).
Operating Efficiency Criteria Include: