Enel Generacion Costanera (BUE:CECO2) Piotroski F-Score: 7 (As of Sep. 01, 2026) — 17% Above Median

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BUE:CECO2 Enel Generacion Costanera SA BUE:CECO2
46 GF Score
Price ARS548.00
GF Value ARS1,018.43
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Enel Generacion Costanera Piotroski F-Score?

Enel Generacion Costanera BUE:CECO2 -0.72% 46 Piotroski F-Score is 7 as of Sep. 01, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates BUE:CECO2 with a GF Score™ of 46/100 and a GF Value™ of ARS1,018.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 497 Utilities - Regulated companies, Enel Generacion Costanera ranks better than 90.74% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Enel Generacion Costanera has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

BUE:CECO2' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Enel Generacion Costanera was 9. The lowest was 1. And the median was 6.

Enel Generacion Costanera  (BUE:CECO2) 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.


Enel Generacion Costanera Piotroski F-Score Related Terms


Enel Generacion Costanera Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Enel Generacion Costanera'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.

Enel Generacion Costanera Piotroski F-Score Chart

Enel Generacion Costanera Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 2.00 8.00 7.00

Enel Generacion Costanera Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.00 8.00 7.00 7.00 7.00

BUE:CECO2 vs NEE, SO, DUK: Piotroski F-Score Comparison

For the Utilities - Regulated Electric subindustry, Enel Generacion Costanera'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.


Enel Generacion Costanera Piotroski F-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel Generacion Costanera's Piotroski F-Score distribution charts can be found below:

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


BUE:CECO2
46GF Score
Enel Generacion Costanera SA BUE:CECO2
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 630.131 + 6608.493 + 27754.819 + 28249.026 = ARS63,242 Mil.
Cash Flow from Operations was 4168.394 + 23778.565 + 53472.176 + 30597.492 = ARS112,017 Mil.
Revenue was 41993.823 + 58131.019 + 70564.751 + 140954.801 = ARS311,644 Mil.
Gross Profit was 11474.192 + 12919.642 + 36748.685 + 43841.054 = ARS104,984 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(250613.679 + 269875.823 + 310771.673 + 346759.179 + 499528.481) / 5 = ARS335509.767 Mil.
Total Assets at the begining of this year (Jun25) was ARS250,614 Mil.
Long-Term Debt & Capital Lease Obligation was ARS46,870 Mil.
Total Current Assets was ARS281,406 Mil.
Total Current Liabilities was ARS182,323 Mil.
Net Income was -4635.514 + 15476.796 + 10621.309 + -8834.621 = ARS12,628 Mil.

Revenue was 33443.17 + 41725.641 + 38340.387 + 17232.406 = ARS130,742 Mil.
Gross Profit was 2008.584 + 6620.382 + 19087.578 + -12453.728 = ARS15,263 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(164531.802 + 190043.226 + 286857.252 + 244368.337 + 250613.679) / 5 = ARS227282.8592 Mil.
Total Assets at the begining of last year (Jun24) was ARS164,532 Mil.
Long-Term Debt & Capital Lease Obligation was ARS37,584 Mil.
Total Current Assets was ARS63,416 Mil.
Total Current Liabilities was ARS36,413 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.

Enel Generacion Costanera's current Net Income (TTM) was 63,242. ==> 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.

Enel Generacion Costanera's current Cash Flow from Operations (TTM) was 112,017. ==> 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 (Jun25)
=63242.469/250613.679
=0.25235043

ROA (Last Year)=Net Income/Total Assets (Jun24)
=12627.97/164531.802
=0.07675094

Enel Generacion Costanera's return on assets of this year was 0.25235043. Enel Generacion Costanera's return on assets of last year was 0.07675094. ==> 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.

Enel Generacion Costanera's current Net Income (TTM) was 63,242. Enel Generacion Costanera's current Cash Flow from Operations (TTM) was 112,017. ==> 112,017 > 63,242 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=46869.726/335509.767
=0.13969705

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=37584.481/227282.8592
=0.16536434

Enel Generacion Costanera's gearing of this year was 0.13969705. Enel Generacion Costanera's gearing of last year was 0.16536434. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=281405.883/182323.468
=1.54344301

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=63416.337/36412.993
=1.7415854

Enel Generacion Costanera's current ratio of this year was 1.54344301. Enel Generacion Costanera's current ratio of last year was 1.7415854. ==> 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.

Enel Generacion Costanera's number of shares in issue this year was 701.988. Enel Generacion Costanera's number of shares in issue last year was 701.717. ==> 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
=104983.573/311644.394
=0.33686976

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15262.816/130741.604
=0.11674031

Enel Generacion Costanera's gross margin of this year was 0.33686976. Enel Generacion Costanera's gross margin of last year was 0.11674031. ==> 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 (Jun25)
=311644.394/250613.679
=1.24352508

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=130741.604/164531.802
=0.79462817

Enel Generacion Costanera's asset turnover of this year was 1.24352508. Enel Generacion Costanera's asset turnover of last year was 0.79462817. ==> 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+0+1+1
=7

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

Enel Generacion Costanera has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Enel Generacion Costanera (BUE:CECO2) has a Piotroski F-Score of 7 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Enel Generacion Costanera and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Enel Generacion Costanera's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Enel Generacion Costanera ranks #46 out of 497 companies in the Utilities - Regulated industry, placing it in the top 9.3%.
Is Enel Generacion Costanera's Piotroski F-Score too high?
Enel Generacion Costanera's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Enel Generacion Costanera's value of 7 is 16.7% above this industry median. Based on the distribution chart, Enel Generacion Costanera ranks #46 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Enel Generacion Costanera has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enel Generacion Costanera's Piotroski F-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Enel Generacion Costanera ranks #46 out of 497 companies for Piotroski F-Score. This places Enel Generacion Costanera in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Enel Generacion Costanera's value of 7 is 16.7% above this benchmark. Historically, Enel Generacion Costanera's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Enel Generacion Costanera has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enel Generacion Costanera's current Piotroski F-Score of 7 is 16.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Enel Generacion Costanera and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enel Generacion Costanera's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel Generacion Costanera stock overvalued right now?
Based on GuruFocus' analysis, Enel Generacion Costanera (BUE:CECO2) is currently considered Possible Value Trap. The stock's GF Value™ is ARS1,018.43, compared to a current price of ARS548.00 — trading 46.2% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Utilities - Regulated industry median of 6.00. Enel Generacion Costanera's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Enel Generacion Costanera (BUE:CECO2), the current Piotroski F-Score is 7 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enel Generacion Costanera (BUE:CECO2) Overvalued in 2026?

Based on GuruFocus' analysis, Enel Generacion Costanera stock appears to be undervalued. The current stock price of ARS548.00 is trading 46.2% below its estimated GF Value™ of ARS1,018.43. GuruFocus considers Enel Generacion Costanera to be Possible Value Trap.

Key valuation signals for BUE:CECO2:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ARS1,018.43 vs. price of ARS548.00 (46.2% below fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 16.7% above the Utilities - Regulated median (#46 of 497)

No single metric tells the full story. See the BUE:CECO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enel Generacion Costanera Business Description

Address Avenida Espana 3301, Buenos Aires, ARG, C1107ANA
Enel Generacion Costanera SA is a power company. It is engaged in the generation and sale of electricity in Argentina.
46GF Score

Get the complete analysis for BUE:CECO2

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS548.00
Price
ARS1,018.43
GF Value