RVL Pharmaceuticals PLC

RVLP Healthcare Biotechnology

RVL Pharmaceuticals PLC’s revenue for fiscal 2022 (year ended December 2022) was $49.7 million.

Market cap
$14.1M
P/E
0.0×
Fwd P/E
−4.8×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
−1.83
Dividend safety
n/a

RVL Pharmaceuticals PLC (RVLP) Piotroski F-score

Alert me on Piotroski F-score

RVL Pharmaceuticals PLC's Piotroski F-score for fiscal 2022 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2021.

Piotroski F-score, annual

Embed this chart

Annual newest first

Period Piotroski F-score Change (points)
FY2022 3 0.00
FY2021 3 (2.00)
FY2020 5 0.00
FY2019 5 0.00
FY2018 5 —

How fiscal 2022’s score is made up

Test This year Year before Result Points
Positive return on assets (37.84%) (25.18%) Fail 0
Positive operating cash flow (37.81m) (54.73m) Fail 0
Rising return on assets (37.84%) (25.18%) Fail 0
Cash flow above net income 13.88m 10.19m Pass 1
Falling long-term leverage 0.41 0.17 Fail 0
Rising current ratio 2.89 2.95 Fail 0
No new shares issued 89,797,000 67,354,000 Fail 0
Rising gross margin 80.98% 79.33% Pass 1
Rising asset turnover 0.36 0.07 Pass 1
Piotroski F-score Weak — most fundamentals deteriorated 3

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:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — 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

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

The full definition of Piotroski F-score →

More on RVLP