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DuPont de Nemours (BUE:DD) Piotroski F-Score : 8 (As of Mar. 04, 2025)


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What is DuPont de Nemours 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

DuPont de Nemours 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 DuPont de Nemours's Piotroski F-Score or its related term are showing as below:

BUE:DD' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of DuPont de Nemours was 8. The lowest was 2. And the median was 6.


DuPont de Nemours Piotroski F-Score Historical Data

The historical data trend for DuPont de Nemours'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.

DuPont de Nemours Piotroski F-Score Chart

DuPont de Nemours Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 7.00 5.00 8.00

DuPont de Nemours Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 5.00 6.00 7.00 8.00

Competitive Comparison of DuPont de Nemours's Piotroski F-Score

For the Specialty Chemicals subindustry, DuPont de Nemours'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.


DuPont de Nemours's Piotroski F-Score Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DuPont de Nemours's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where DuPont de Nemours'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 159232.503 + 159398.998 + 431526.981 + -119180.001 = ARS630,978 Mil.
Cash Flow from Operations was 415352.507 + 471928.493 + 700518.469 + 569640.006 = ARS2,157,439 Mil.
Revenue was 2469367.542 + 2839630.459 + 3033995.867 + 3122920.031 = ARS11,465,914 Mil.
Gross Profit was 853452.515 + 1052212.485 + 1134896.95 + 1136250.011 = ARS4,176,812 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(13917272.013 + 31776573.04 + 32733211.032 + 35606678.935 + 37002360.37) / 5 = ARS30207219.078 Mil.
Total Assets at the begining of this year (Dec23) was ARS13,917,272 Mil.
Long-Term Debt & Capital Lease Obligation was ARS5,376,230 Mil.
Total Current Assets was ARS6,427,640 Mil.
Total Current Liabilities was ARS4,849,010 Mil.
Net Income was 50770.351 + -31440 + 111634.053 + -7942 = ARS123,022 Mil.

Revenue was 596205.914 + 742559.994 + 1070147.129 + 1046178.001 = ARS3,455,091 Mil.
Gross Profit was 204464.255 + 255359.998 + 386344.811 + 371830 = ARS1,217,999 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(6933165.558 + 8140640.589 + 9791279.922 + 13694593.727 + 13917272.013) / 5 = ARS10495390.3618 Mil.
Total Assets at the begining of last year (Dec22) was ARS6,933,166 Mil.
Long-Term Debt & Capital Lease Obligation was ARS2,815,800 Mil.
Total Current Assets was ARS2,712,554 Mil.
Total Current Liabilities was ARS1,118,378 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.

DuPont de Nemours's current Net Income (TTM) was 630,978. ==> 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.

DuPont de Nemours's current Cash Flow from Operations (TTM) was 2,157,439. ==> 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 (Dec23)
=630978.481/13917272.013
=0.0453378

ROA (Last Year)=Net Income/Total Assets (Dec22)
=123022.404/6933165.558
=0.01774405

DuPont de Nemours's return on assets of this year was 0.0453378. DuPont de Nemours's return on assets of last year was 0.01774405. ==> 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.

DuPont de Nemours's current Net Income (TTM) was 630,978. DuPont de Nemours's current Cash Flow from Operations (TTM) was 2,157,439. ==> 2,157,439 > 630,978 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=5376230.054/30207219.078
=0.17797832

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2815800.003/10495390.3618
=0.26828921

DuPont de Nemours's gearing of this year was 0.17797832. DuPont de Nemours's gearing of last year was 0.26828921. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=6427640.064/4849010.048
=1.32555718

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=2712554.002/1118378.001
=2.42543576

DuPont de Nemours's current ratio of this year was 1.32555718. DuPont de Nemours's current ratio of last year was 2.42543576. ==> 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.

DuPont de Nemours's number of shares in issue this year was 84. DuPont de Nemours's number of shares in issue last year was 86.28. ==> 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
=4176811.961/11465913.899
=0.36428077

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1217999.064/3455091.038
=0.352523

DuPont de Nemours's gross margin of this year was 0.36428077. DuPont de Nemours's gross margin of last year was 0.352523. ==> 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)
=11465913.899/13917272.013
=0.82386217

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=3455091.038/6933165.558
=0.4983425

DuPont de Nemours's asset turnover of this year was 0.82386217. DuPont de Nemours's asset turnover of last year was 0.4983425. ==> 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

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

DuPont de Nemours  (BUE:DD) 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.


DuPont de Nemours Piotroski F-Score Related Terms

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DuPont de Nemours Business Description

Traded in Other Exchanges
Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics, water, construction, safety and protection, automotive, and healthcare industries. DuPont plans to spin off its electronics business by the end of 2025.