SELECT * FROM `stock_list` where symbol='GMAT3' AND exchange = 'BSP' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` where symbol='GMAT3' AND exchange = 'BSP' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` WHERE `symbol` = "GMAT3" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) AND delisted = 0 limit 0,1
Grupo Mateus (BSP:GMAT3) Piotroski F-Score
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grupo Mateus 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 Grupo Mateus's Piotroski F-Score or its related term are showing as below:
BSP:GMAT3'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 5
Current: 4
During the past 8 years, the highest Piotroski F-Score of Grupo Mateus was 5. The lowest was 1. And the median was 4.
Grupo Mateus Piotroski F-Score Historical Data
The historical data trend for Grupo Mateus'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.
Competitive Comparison of Grupo Mateus's Piotroski F-Score
For the Department Stores subindustry, Grupo Mateus'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.
Grupo Mateus's Piotroski F-Score Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Mateus's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Grupo Mateus'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 (Dec23) TTM:
Last Year (Dec22) TTM:
Net Income was 236.719 + 289.844 + 309.403 + 384.891 = R$1,221 Mil. Cash Flow from Operations was 179.199 + 34.386 + 153.53 + 587.263 = R$954 Mil. Revenue was 5867.88 + 6429.472 + 6934.929 + 7541.305 = R$26,774 Mil. Gross Profit was 1239.91 + 1401.405 + 1524.368 + 1647.245 = R$5,813 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(13263.938 + 13726.17 + 14378.139 + 15056.338 + 16357.296) / 5 = R$14556.3762 Mil. Total Assets at the begining of this year (Dec22) was R$13,264 Mil. Long-Term Debt & Capital Lease Obligation was R$3,271 Mil. Total Current Assets was R$10,371 Mil. Total Current Liabilities was R$4,236 Mil.
Net Income was 196.718 + 261.17 + 287.252 + 307.279 = R$1,052 Mil.
Revenue was 4578.78 + 5201.989 + 5923.131 + 6064.577 = R$21,768 Mil. Gross Profit was 1022.311 + 1174.001 + 1314.222 + 1288.508 = R$4,799 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(9954.991 + 10460.07 + 11434.974 + 12387.779 + 13263.938) / 5 = R$11500.3504 Mil. Total Assets at the begining of last year (Dec21) was R$9,955 Mil. Long-Term Debt & Capital Lease Obligation was R$2,920 Mil. Total Current Assets was R$8,800 Mil. Total Current Liabilities was R$2,753 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.
Grupo Mateus's current Net Income (TTM) was 1,221.
==> 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.
Grupo Mateus's return on assets of this year was 0.09204333. Grupo Mateus's return on assets of last year was 0.10571772.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Grupo Mateus's gearing of this year was 0.2246948. Grupo Mateus's gearing of last year was 0.25393835.
==> 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
Grupo Mateus's current ratio of this year was 2.44834657. Grupo Mateus's current ratio of last year was 3.19620818.
==> 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.
Grupo Mateus's number of shares in issue this year was 2209.178. Grupo Mateus's number of shares in issue last year was 2209.346.
==> 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.
Grupo Mateus's gross margin of this year was 0.21711429. Grupo Mateus's gross margin of last year was 0.22045833.
==> Last year's gross margin is higher ==> Score 0.
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
Grupo Mateus's asset turnover of this year was 2.01852466. Grupo Mateus's asset turnover of last year was 2.18668977.
==> 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
+
1
+
0
+
0
+
1
+
0
+
1
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grupo Mateus has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Grupo Mateus (BSP:GMAT3) 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.
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.
Grupo Mateus Piotroski F-Score Related Terms
Thank you for viewing the detailed overview of Grupo Mateus's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Grupo Mateus SA which which operate in the wholesale and retail, electro, mix, and industry segments through the subsidiary. The company has its operations in the supermarket, wholesale, appliance, furniture, bakery, slicing, and portioning. The business's product portfolio consists of maetus, mix atacarejo, camino supermercados, electro mateus among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BSP:GMAT3 has been successfully added to your 