DigitalGlobe, Inc
Revenue growth for ten consecutive years.
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DigitalGlobe, Inc (DGI) Piotroski F-score
DigitalGlobe, Inc's Piotroski F-score for fiscal 2016 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2016 | 6 | — |
How fiscal 2016’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 0.73% | 0.62% | Pass | 1 |
| Positive operating cash flow | 301.60m | 329.70m | Pass | 1 |
| Rising return on assets | 0.73% | 0.62% | Pass | 1 |
| Cash flow above net income | 280.10m | 311.20m | Pass | 1 |
| Falling long-term leverage | 0.42 | 0.37 | Fail | 0 |
| Rising current ratio | 1.19 | 1.63 | Fail | 0 |
| No new shares issued | 63,100,000 | 71,000,000 | Pass | 1 |
| Rising gross margin | 77.34% | 79.37% | Fail | 0 |
| Rising asset turnover | 0.24 | 0.23 | Pass | 1 |
| Piotroski F-score | Mixed | 6 | ||
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.
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