Table 2. Companies Passing the Piotroski Screen
Company (Exchange: Ticker) Price/
Book
(X)
Return
on Assets
Y1
(%)
Cash
From
Oper Y1
($ Mil)
Income
After
Taxes Y1
($ Mil)
LT Debt
to Assets
Y1
(%)
Current
Ratio
Y1
(%)
Gross
Margin
Y1
(%)
Asset
Turnover
Y1
(X)
Market
Cap
Q1
($ Mil)
Description
Company Passing All Nine Filters
L.S. Starrett Co. (N: SCX) 0.76 2.9 12.8 6.7 5.7 4.8 29.6 1.0 144.8 precision tools
Companies Passing Eight of the Nine Filters
Aviza Technology (M: AVZA) 0.31 0.3 3.2 0.4 21.3 1.8 30.9 1.7 11.1 semiconductor equip
BioScrip Inc. (M: BIOS) 0.48 1.1 24.2 3.3 11.2 1.4 11.4 4.0 80.5 pharmaceutical support
Stephan Co. (A: TSC) 0.53 3.8 2.1 1.0 4.1 4.8 47.1 0.8 12.2 personal care prods
Cooper Tire & Rubber (N: CTB) 0.57 5.3 372.8 100.2 24.3 2.2 10.8 1.3 445.3 replacement tires
Magic Software Entprs (M: MGIC) 0.62 16.7 9.2 1.3 4.9 2.5 53.3 0.8 38.9 software devlp platform
Q.E.P. Co. (M: QEPC) 0.75 2.5 7.2 2.2 36.1 1.2 28.9 2.5 19.6 home improve tools
Exchange Key: M= NASDAQ National or NASDAQ Small Cap Market, N= New York Stock Exchange, A= American Stock Exchange
Source: AAII's Stock Investor Pro/Reuters Research, Inc. Data as of July 11, 2008.