Return of invested capital=ebit*(1-tax rate)=10402*(1-36%)=6606

kc have you missed out the D&A on your ebit?

In the "Piotroski" spreadsheet, that is Change in ROA, not ROA and it is also not equal to "Equity / Total Asset"

you lost me.....

Change in ROA
='Table 1 IS'!B20/'Table 2 BS'!B24-'Table 1 IS'!C20/'Table 2 BS'!C24

thank you for pointing out my ROA error. However I got the calculations based on your KFIMA piotroski template. ROA = Equity / Total Asset??

will check out all the things you have mentioned.

AHEM. FOCUS POINT(0157).CURRENTLY SELLING AT RM0.280. SECOND BOARD. ANY COMMENTS? SEEMS QUITE OKAY TO ME.

PROS
1. FCF
2. NAPS HEALTHY FIGURE COMPARED TO PRICE
3. OPERATION CASH FLOW HEALTHY, MORE THAN NI.
4. ROE IS ALSO HEALTHY
5. DIVIDEND PAYING COMPANY, ALTHOUGH EPS IS LOW, PAYOUT RATIO 50 PERCENT.
6. GOOD CAPEX
7. SHARE PRICE IS CURRENTLY AT THE BOTTOM, SINCE IPO 2 YEARS AGO.


CONS
1. YOUNG COMPANY, NOT ENOUGH OF FINANCIAL HISTORY TO ANALYSE ON
2. LOW PROFIT MARGIN
3. PIOTROSKI SCORING ONLY 3 POINTS FOR FY2012
4. I HAVE NO IDEA HOW TO CALCULATE ROCI


PLEASE CHECKOUT MY CALCULATIONS BELOW.


FOCUS POINT RM0.28 20-Jul-13

Year 2013 2012 2011
Revenue 130,578 120,226 74,649
Cost of sales 54,829 49,712 30,088
Gross margin 58% 59% 60%
Margin 5% 6% 8%
Net Income 6019 6961 6214
Profit to common share 6035 6974 6234
No. of shares 165000 165000 137574
EPS 0.037 0.042 0.045
Dividend 0.02 0.02 0.02
Payout ratio 55% 47% 53%
Net asset per share 0.32 0.30 0.34
Operating cash flows 10,250 9,865 7,428
Capex -6,660 -6,641 -6395
Free Cash Flow, FCF 3590 3224 1033
CFFO/NI 170% 142% 120%

Total Common Equity 53,475 49,999 46,324
Common Stock 33,000 33,000 33,000
ROE 11% 14% 13%

Total Asset 98,895 91,617 88,312
ROA 54% 55% 52%

Long Term Borrowing 4,381 2,733 4,883

Current Asset 67,032 65,234 62,296
Current Liability 38,803 36,886 34,901
Current Ratio 1.7 1.8 1.8

Is MAXWELL a local or chinese based company??

MAXWELL Quoted RM0.305 today.

I did it s financial. Not bad at all. A young company, only 4 years of financial history.

1. ROE 20% (higher for previous years)
2. NTA 0.95
3. Free cash flow, though CFFO is lesser than NI.
4. Dividend 0.02
5. Piotroski average 5.33 for 3 years. (a bit less though)

Is FABER good enough? GLC, no competitor, hospital service and properties development.

Good ROE. Free cash flow. Good and increasing NAT every year. Piotroski average up 5.83 only from 2007 to 2013. How do i print screen and put it here?

the site is awesome....
http://www.klsepsp.com/p/financial-checker.html

Of all the 1000 plus counters of KLSE, how do you know which of the counters fits all you requirements?

Where to begin with? is there a basic screening process that you do? such as low pe ratio or high eps?

still trying to digest whats your spreadsheet about... very complicated...

Please post a copy to me. Thanks.
Zzzchuanzzz@gmail.com