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Organizacion SorianaB de CV (Organizacion SorianaB de CV) Piotroski F-Score : 8 (As of May. 22, 2024)


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What is Organizacion SorianaB de CV Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Organizacion SorianaB de CV has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

ONZBF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Organizacion SorianaB de CV was 9. The lowest was 4. And the median was 6.


Organizacion SorianaB de CV Piotroski F-Score Historical Data

The historical data trend for Organizacion SorianaB de CV'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.

Organizacion SorianaB de CV Piotroski F-Score Chart

Organizacion SorianaB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 7.00 8.00 8.00

Organizacion SorianaB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only 8.00 9.00 8.00 7.00 8.00

Competitive Comparison of Organizacion SorianaB de CV's Piotroski F-Score

For the Department Stores subindustry, Organizacion SorianaB de CV'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.


Organizacion SorianaB de CV's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Organizacion SorianaB de CV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Organizacion SorianaB de CV'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 (Jun23) TTM:Last Year (Jun22) TTM:
Net Income was 47.704 + 100.792 + 59.003 + 46.723 = $254 Mil.
Cash Flow from Operations was -131.744 + 593.275 + -277.246 + 203.408 = $388 Mil.
Revenue was 2067.18 + 2322.983 + 2186.366 + 2588.336 = $9,165 Mil.
Gross Profit was 442.297 + 535.145 + 519.775 + 566.242 = $2,063 Mil.
Average Total Assets from the begining of this year (Jun22)
to the end of this year (Jun23) was
(7036.319 + 6770.287 + 7457.273 + 7847.531 + 8735.006) / 5 = $7569.2832 Mil.
Total Assets at the begining of this year (Jun22) was $7,036 Mil.
Long-Term Debt & Capital Lease Obligation was $1,162 Mil.
Total Current Assets was $2,865 Mil.
Total Current Liabilities was $2,304 Mil.
Net Income was 38.04 + 84.078 + 46.725 + 58.06 = $227 Mil.

Revenue was 1874.798 + 2087.116 + 1880.77 + 2076.422 = $7,919 Mil.
Gross Profit was 394.402 + 477.746 + 418.363 + 452.413 = $1,743 Mil.
Average Total Assets from the begining of last year (Jun21)
to the end of last year (Jun22) was
(7109.746 + 6666.96 + 6973.677 + 6799.306 + 7036.319) / 5 = $6917.2016 Mil.
Total Assets at the begining of last year (Jun21) was $7,110 Mil.
Long-Term Debt & Capital Lease Obligation was $1,140 Mil.
Total Current Assets was $2,149 Mil.
Total Current Liabilities was $1,619 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.

Organizacion SorianaB de CV's current Net Income (TTM) was 254. ==> Positive ==> Score 1.

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.

Organizacion SorianaB de CV's current Cash Flow from Operations (TTM) was 388. ==> 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 (Jun22)
=254.222/7036.319
=0.03612997

ROA (Last Year)=Net Income/Total Assets (Jun21)
=226.903/7109.746
=0.03191436

Organizacion SorianaB de CV's return on assets of this year was 0.03612997. Organizacion SorianaB de CV's return on assets of last year was 0.03191436. ==> 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.

Organizacion SorianaB de CV's current Net Income (TTM) was 254. Organizacion SorianaB de CV's current Cash Flow from Operations (TTM) was 388. ==> 388 > 254 ==> 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: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Jun23
=1162.142/7569.2832
=0.15353396

Gearing (Last Year: Jun22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Jun22
=1139.963/6917.2016
=0.16480118

Organizacion SorianaB de CV's gearing of this year was 0.15353396. Organizacion SorianaB de CV's gearing of last year was 0.16480118. ==> This year is lower or equal to last year. ==> Score 1.

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: Jun23)=Total Current Assets/Total Current Liabilities
=2864.648/2304.461
=1.24308808

Current Ratio (Last Year: Jun22)=Total Current Assets/Total Current Liabilities
=2148.755/1618.761
=1.3274072

Organizacion SorianaB de CV's current ratio of this year was 1.24308808. Organizacion SorianaB de CV's current ratio of last year was 1.3274072. ==> Last year's current ratio is higher ==> Score 0.

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.

Organizacion SorianaB de CV's number of shares in issue this year was 1780.018. Organizacion SorianaB de CV's number of shares in issue last year was 1796.989. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=2063.459/9164.865
=0.22514887

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1742.924/7919.106
=0.22009101

Organizacion SorianaB de CV's gross margin of this year was 0.22514887. Organizacion SorianaB de CV's gross margin of last year was 0.22009101. ==> 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 (Jun22)
=9164.865/7036.319
=1.30250846

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun21)
=7919.106/7109.746
=1.1138381

Organizacion SorianaB de CV's asset turnover of this year was 1.30250846. Organizacion SorianaB de CV's asset turnover of last year was 1.1138381. ==> 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
=1+1+1+1+1+0+1+1+1
=8

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

Organizacion SorianaB de CV has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Organizacion SorianaB de CV  (OTCPK:ONZBF) 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.


Organizacion SorianaB de CV Piotroski F-Score Related Terms

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Organizacion SorianaB de CV (Organizacion SorianaB de CV) Business Description

Traded in Other Exchanges
Address
Alejandro De rodas 3102-A, Cumbres 8° Sector, Monterrey, MEX, 64610
Organizacion Soriana SAB de CV is a Mexican company with a multiformat strategy. Soriana offers a diverse range of products: food, clothing, healthcare, and basic services. The company operates self-service stores, warehouse clubs, and convenience stores. Store formats are diverse, from hypermarkets with 7,000-square-metre average sales floor area, as with Soriana Hiper; to stores offering low prices on basic commodities, as with Soriano Mercado; to stores offering high-quality products, as with Soriana Super.

Organizacion SorianaB de CV (Organizacion SorianaB de CV) Headlines