NamePiotroski F-Score Screen
CreatorWilton
Performance16.91
Current Holdings1729

Summary

The fundamental task in investing is finding mispricings in price v. quality. There are a lot of cheap companies in the market, but most of them are cheap for very good reasons. The trick is finding companies that are cheap but actually healthy. In 2000, Joseph Piotroski wrote a paper in which he described a mathematical model that turned data from financial reports into a simple 9-point score that described a company’s health. He showed that this score, combined with a valuation metric (he used Book-To-Market), could be used successfully to produce excess returns in an investing strategy. This stock screener finds all companies with a score greater than six (which we call “healthy enough”). In his work, he suggested taking a list like this and buying the cheapest of that list. Note that many people believe, incorrectly, that buying companies with the best score is the proper approach, but they end up overpaying for quality. Remember, the goal is to find mispricings in price and quality, not overpay for high quality.

Key Words

Piotroski Score

Rules

PiotroskiScore > 6

Copy Screen Create Alert
Buy Date Exchange Symbol Company Piotroski Score Buy Price Current Price % Change
2018‑09‑14 AMEX PTN Palatin Technologies 7.00 1.01 1.00 -0.99
2018‑09‑14 AMEX RLGT Radiant Logistics 7.00 5.15 5.40 4.85
2018‑09‑13 AMEX ESP Espey Manufacturing & Electronics 7.00 30.15 30.81 2.19
2018‑08‑10 NYSE PKI PerkinElmer 7.00 84.92 96.61 13.77
2018‑08‑03 OTC CXDO Crexendo 7.00 1.60 1.60 0.00
2018‑08‑03 NYSE IP International Paper 7.00 52.55 54.12 2.99
2018‑08‑03 OTC INPAP International Paper 7.00 105.50 105.50 0.00
2018‑07‑30 NYSE H Hyatt Hotels 7.00 76.95 77.93 1.27
2018‑07‑27 NASDAQ PPC Pilgrim's Pride 7.00 18.22 18.61 2.14
2018‑07‑27 NASDAQ VALU Value Line 7.00 24.10 24.84 3.07

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