Adamas One Corp.
JEWL Consumer Cyclical Luxury Goods
Revenue growth for three consecutive years, operating cash flow growth for three.
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Adamas One Corp. (JEWL) Piotroski F-score
Adamas One Corp.'s Piotroski F-score for fiscal 2023 cannot be worked out: needs three fiscal years.
Piotroski F-score, annual
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|
How fiscal 2023’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (215.91%) | — | Fail | 0 |
| Positive operating cash flow | (6.77m) | (3.15m) | Fail | 0 |
| Rising return on assets | (215.91%) | — | n/a | — |
| Cash flow above net income | 15.78m | 7.92m | Pass | 1 |
| Falling long-term leverage | 0.00 | — | n/a | — |
| Rising current ratio | 0.20 | 0.11 | Pass | 1 |
| No new shares issued | 22,270,000 | 18,463,000 | Fail | 0 |
| Rising gross margin | 74.88% | 66.28% | Pass | 1 |
| Rising asset turnover | 0.10 | — | n/a | — |
| Piotroski F-score | n/a — needs three fiscal years | — | ||
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 |
|---|---|
| MOV Movado Group Inc. compare | 9 |
| REAL The RealReal, Inc. compare | 6 |
| ELA Envela Corporation compare | 6 |
| CTHRQ Charles & Colvard Ltd compare | 5 |
| BRLT Brilliant Earth Group, Inc. compare | 4 |
| LANV Lanvin Group Holdings Limited compare | 4 |
| SORA AsiaStrategy compare | 3 |
| LUXE LuxExperience B.V. - Sponsored ADR compare | 3 |
| JEWL Adamas One Corp. | — |
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