Conn's, Inc.
CONNQ Consumer Cyclical Specialty Retail
Conn's, Inc.’s revenue for fiscal 2024 (year ended January 2024) was $1.2 billion, down 7.81% from fiscal 2023.
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Conn's, Inc. (CONNQ) Piotroski F-score
Conn's, Inc.'s Piotroski F-score for fiscal 2024 is 2 out of 9: 2 of nine tests of profitability, leverage and efficiency passed, down from 4 in fiscal 2023.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2024 | 2 | (2.00) |
| FY2023 | 4 | (2.00) |
| FY2022 | 6 | 2.00 |
| FY2021 | 4 | (2.00) |
| FY2020 | 6 | (1.00) |
| FY2019 | 7 | 0.00 |
| FY2018 | 7 | 2.00 |
| FY2017 | 5 | — |
How fiscal 2024’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (3.70%) | (3.42%) | Fail | 0 |
| Positive operating cash flow | (51.23m) | 60.45m | Fail | 0 |
| Rising return on assets | (3.70%) | (3.42%) | Fail | 0 |
| Cash flow above net income | 25.66m | 119.74m | Pass | 1 |
| Falling long-term leverage | 0.40 | 0.37 | Fail | 0 |
| Rising current ratio | 2.58 | 3.74 | Fail | 0 |
| No new shares issued | 24,250,000 | 24,117,000 | Fail | 0 |
| Rising gross margin | 49.12% | 47.10% | Pass | 1 |
| Rising asset turnover | 0.60 | 0.77 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 2 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| TCSGQ Container Store (The) compare | 5 |
| NVVE Nuvve Holding Corp. compare | 5 |
| BQ Boqii Holding Limited Sponsored ADR compare | 5 |
| RECT Rectitude Holdings Ltd. compare | 4 |
| LESLQ Leslie's, Inc. compare | 3 |
| CGTL Creative Global Technology Holdings Limited compare | 3 |
| POLCQ Polished.com Inc. compare | 2 |
| TKLF Tokyo Lifestyle Co., Ltd. compare | 2 |
| CONNQ Conn's, Inc. | 2 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover