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Motisons Jewellers (BOM:544053) Piotroski F-Score : N/A (As of Apr. 17, 2025)


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What is Motisons Jewellers 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

Motisons Jewellers has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

During the past 5 years, the highest Piotroski F-Score of Motisons Jewellers was 8. The lowest was 6. And the median was 7.


Motisons Jewellers Piotroski F-Score Historical Data

The historical data trend for Motisons Jewellers'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.

Motisons Jewellers Piotroski F-Score Chart

Motisons Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
N/A N/A N/A N/A 8.00

Motisons Jewellers Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 8.00 6.00 N/A N/A

Competitive Comparison of Motisons Jewellers's Piotroski F-Score

For the Luxury Goods subindustry, Motisons Jewellers'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.


Motisons Jewellers's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Motisons Jewellers's Piotroski F-Score distribution charts can be found below:

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


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 107.88 + 63.32 + 103.955 + 153.045 = ₹428 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = ₹0 Mil.
Revenue was 1166.773 + 887.12 + 1093.444 + 1453.043 = ₹4,600 Mil.
Gross Profit was 203.986 + 147.884 + 231.317 + 286.158 = ₹869 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(0 + 0 + 4749.981 + 0 + 4733.587) / 5 = ₹4741.784 Mil.
Total Assets at the begining of this year (Dec23) was ₹0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹13 Mil.
Total Current Assets was ₹4,646 Mil.
Total Current Liabilities was ₹1,201 Mil.
Net Income was 30.144 + 54.776 + 51.828 + 107.826 = ₹245 Mil.

Revenue was 906.697 + 867.283 + 901.445 + 1232.132 = ₹3,908 Mil.
Gross Profit was 125.52 + 159.582 + 168.818 + 253.759 = ₹708 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(3255.105 + 0 + 3365.095 + 3481.3 + 0) / 5 = ₹3367.16666667 Mil.
Total Assets at the begining of last year (Dec22) was ₹3,255 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹0 Mil.
Total Current Liabilities was ₹0 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.

Motisons Jewellers's current Net Income (TTM) was 428. ==> 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.

Motisons Jewellers's current Cash Flow from Operations (TTM) was 0. ==> Negative ==> Score 0.

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 (Dec23)
=428.2/0
=

ROA (Last Year)=Net Income/Total Assets (Dec22)
=244.574/3255.105
=0.07513552

Motisons Jewellers's return on assets of this year was . Motisons Jewellers's return on assets of last year was 0.07513552. ==> Last year is higher ==> Score 0.

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.

Motisons Jewellers's current Net Income (TTM) was 428. Motisons Jewellers's current Cash Flow from Operations (TTM) was 0. ==> 0 <= 428 ==> CFROA <= ROA ==> Score 0.

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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=13.345/4741.784
=0.00281434

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/3367.16666667
=0

Motisons Jewellers's gearing of this year was 0.00281434. Motisons Jewellers's gearing of last year was 0. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=4645.547/1201.423
=3.8667039

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=0/0
=

Motisons Jewellers's current ratio of this year was 3.8667039. Motisons Jewellers's current ratio of last year was . ==> 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.

Motisons Jewellers's number of shares in issue this year was 984.46. Motisons Jewellers's number of shares in issue last year was 984.46. ==> 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
=869.345/4600.38
=0.18897243

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=707.679/3907.557
=0.18110523

Motisons Jewellers's gross margin of this year was 0.18897243. Motisons Jewellers's gross margin of last year was 0.18110523. ==> 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 (Dec23)
=4600.38/0
=

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=3907.557/3255.105
=1.20043962

Motisons Jewellers's asset turnover of this year was . Motisons Jewellers's asset turnover of last year was 1.20043962. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

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

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

Motisons Jewellers has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Motisons Jewellers  (BOM:544053) 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.


Motisons Jewellers Piotroski F-Score Related Terms

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Motisons Jewellers Business Description

Traded in Other Exchanges
Address
Tonk Road, SB-110, Motisons Tower, Lalkothi, Jaipur, RJ, IND, 302015
Motisons Jewellers Ltd is a jewelry retail company. Its business includes the sale of jewelry made of gold, diamond, Kundan, and the sale of other jewelry products that include pearl, silver, platinum, precious, semi-precious stones, and other metals. The company's product includes Earrings, Bracelets, Mangalsutras, Necklace sets, Pendants, Rings, and Silver.

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