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Intapp (Intapp) Piotroski F-Score : 6 (As of Jun. 02, 2024)


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What is Intapp Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Intapp has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Intapp's Piotroski F-Score or its related term are showing as below:

INTA' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 5 years, the highest Piotroski F-Score of Intapp was 7. The lowest was 4. And the median was 6.


Intapp Piotroski F-Score Historical Data

The historical data trend for Intapp's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intapp Piotroski F-Score Chart

Intapp Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Piotroski F-Score
N/A N/A N/A 4.00 6.00

Intapp Quarterly Data
Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 6.00 7.00 7.00 6.00

Competitive Comparison of Intapp's Piotroski F-Score

For the Software - Application subindustry, Intapp's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intapp's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Intapp's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Intapp's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was -11.47 + -15.321 + -9.213 + -6.89 = $-42.9 Mil.
Cash Flow from Operations was 10.653 + 11.612 + 12.035 + 16.505 = $50.8 Mil.
Revenue was 94.619 + 101.575 + 103.933 + 110.639 = $410.8 Mil.
Gross Profit was 63.766 + 70.002 + 73.164 + 80.058 = $287.0 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(515.346 + 628.907 + 617.583 + 653.528 + 684.202) / 5 = $619.9132 Mil.
Total Assets at the begining of this year (Mar23) was $515.3 Mil.
Long-Term Debt & Capital Lease Obligation was $20.4 Mil.
Total Current Assets was $308.1 Mil.
Total Current Liabilities was $271.1 Mil.
Net Income was -21.587 + -20.054 + -19.754 + -18.147 = $-79.5 Mil.

Revenue was 75.521 + 79.538 + 84.692 + 92.024 = $331.8 Mil.
Gross Profit was 48.367 + 54.204 + 57.907 + 63.534 = $224.0 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(449.551 + 494.413 + 489.3 + 511.123 + 515.346) / 5 = $491.9466 Mil.
Total Assets at the begining of last year (Mar22) was $449.6 Mil.
Long-Term Debt & Capital Lease Obligation was $16.2 Mil.
Total Current Assets was $156.0 Mil.
Total Current Liabilities was $227.3 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Intapp's current Net Income (TTM) was -42.9. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Intapp's current Cash Flow from Operations (TTM) was 50.8. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar23)
=-42.894/515.346
=-0.0832334

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-79.542/449.551
=-0.17693654

Intapp's return on assets of this year was -0.0832334. Intapp's return on assets of last year was -0.17693654. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Intapp's current Net Income (TTM) was -42.9. Intapp's current Cash Flow from Operations (TTM) was 50.8. ==> 50.8 > -42.9 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=20.395/619.9132
=0.03289977

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=16.172/491.9466
=0.03287349

Intapp's gearing of this year was 0.03289977. Intapp's gearing of last year was 0.03287349. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar24)=Total Current Assets/Total Current Liabilities
=308.141/271.134
=1.13648971

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=156.04/227.25
=0.68664466

Intapp's current ratio of this year was 1.13648971. Intapp's current ratio of last year was 0.68664466. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Intapp's number of shares in issue this year was 72.634. Intapp's number of shares in issue last year was 64.327. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=286.99/410.766
=0.69867029

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=224.012/331.775
=0.67519253

Intapp's gross margin of this year was 0.69867029. Intapp's gross margin of last year was 0.67519253. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar23)
=410.766/515.346
=0.79706838

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=331.775/449.551
=0.73801415

Intapp's asset turnover of this year was 0.79706838. Intapp's asset turnover of last year was 0.73801415. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+0+1+0+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Intapp has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Intapp  (NAS:INTA) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Intapp Piotroski F-Score Related Terms

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Intapp (Intapp) Business Description

Traded in Other Exchanges
N/A
Address
3101 Park Boulevard, Palo Alto, CA, USA, 94306
Intapp Inc is a provider of industry-specific, cloud-based software solutions for the professional and financial services industry. It empowers private capital, investment banking, legal, accounting, and consulting firms with the technology they need to meet rapidly changing client, investor, and regulatory requirements. Geographically, it derives a majority of its revenue from the United States and also has a presence in United Kingdom and the Rest of the world.
Executives
Donald F. Coleman officer: Chief Operating Officer C/O INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Thad Jampol officer: Chief Product Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Scott Fitzgerald officer: Chief Marketing Officer C/O DUCK CREEK TECHNOLOGIES, INC., 22 BOSTON WHARF ROAD, FLOOR 10, BOSTON MA 02210
John T Hall director, 10 percent owner, officer: Chief Executive Officer 1380 BORDEAUX DRIVE, SUNNYVALE CA 94089
Kalyani Tandon officer: Chief Accounting Officer C/O INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Michele Murgel officer: Chief People & Places Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Great Hill Equity Partners Iv Lp 10 percent owner C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Morton David H Jr officer: Chief Financial Officer SEAGATE TECHNOLOGY, 920 DISC DRIVE, SCOTTS VALLEY CA 95066
Stephen I. Robertson officer: Chief Financial Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Ralph Baxter director INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Martin Fichtner director 101 CALIFORNIA STREET, SUITE 3700, SAN FRANCISCO CA 94111
Beverly Allen director INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306