Importadora Y Exportadora De La Patagonia (BUE:PATA) 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.
Importadora Y Exportadora De La Patagonia Piotroski F-Score Related Terms
Importadora Y Exportadora De La Patagonia Piotroski F-Score Historical Data
* 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.
Importadora Y Exportadora De La Patagonia Piotroski F-Score Chart
Importadora Y Exportadora De La Patagonia Annual Data
For the Department Stores subindustry, Importadora Y Exportadora De La Patagonia'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.
Importadora Y Exportadora De La Patagonia Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Importadora Y Exportadora De La Patagonia's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Importadora Y Exportadora De La Patagonia's Piotroski F-Score falls into.
* 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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was -12123.548 + 4387.41 + 4986.492 + -335.924 = ARS-3,086 Mil. Cash Flow from Operations was -4176.627 + 14889.889 + 74569.883 + 39056.248 = ARS124,339 Mil. Revenue was 135708.842 + 671083.882 + 767373.127 + 754678.493 = ARS2,328,844 Mil. Gross Profit was 29679.489 + 185696.399 + 210184.603 + 190807.872 = ARS616,368 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1039254.726 + 1085727.948 + 1149299.685 + 1251719.512 + 1286995.322) / 5 = ARS1162599.4386 Mil. Total Assets at the begining of this year (Mar25) was ARS1,039,255 Mil. Long-Term Debt & Capital Lease Obligation was ARS48,189 Mil. Total Current Assets was ARS656,133 Mil. Total Current Liabilities was ARS405,424 Mil.
Net Income was -11414.545 + 9337.071 + 15141.208 + 16066.117 = ARS29,130 Mil.
Revenue was 696162.569 + 659492.889 + 766734.495 + 795266.426 = ARS2,917,656 Mil. Gross Profit was 177537.243 + 175516.315 + 215932.937 + 237127.12 = ARS806,114 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(629169.951 + 1003495.925 + 883215.983 + 987141.087 + 1039254.726) / 5 = ARS908455.5344 Mil. Total Assets at the begining of last year (Mar24) was ARS629,170 Mil. Long-Term Debt & Capital Lease Obligation was ARS12,926 Mil. Total Current Assets was ARS580,830 Mil. Total Current Liabilities was ARS392,165 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.
Importadora Y Exportadora De La Patagonia's current Net Income (TTM) was -3,086.
==> Negative ==> Score 0.
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.
Importadora Y Exportadora De La Patagonia's current Cash Flow from Operations (TTM) was 124,339.
==> 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.
Importadora Y Exportadora De La Patagonia's return on assets of this year was -0.00296902. Importadora Y Exportadora De La Patagonia's return on assets of last year was 0.04629886.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Importadora Y Exportadora De La Patagonia's gearing of this year was 0.04144976. Importadora Y Exportadora De La Patagonia's gearing of last year was 0.01422804.
==> 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
Importadora Y Exportadora De La Patagonia's current ratio of this year was 1.61838966. Importadora Y Exportadora De La Patagonia's current ratio of last year was 1.48108656.
==> 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.
Importadora Y Exportadora De La Patagonia's number of shares in issue this year was 500. Importadora Y Exportadora De La Patagonia's number of shares in issue last year was 500.
==> 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.
Importadora Y Exportadora De La Patagonia's gross margin of this year was 0.26466705. Importadora Y Exportadora De La Patagonia's gross margin of last year was 0.27628806.
==> 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
Importadora Y Exportadora De La Patagonia's asset turnover of this year was 2.24087924. Importadora Y Exportadora De La Patagonia's asset turnover of last year was 4.63731043.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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0
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1
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Importadora Y Exportadora De La Patagonia has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Importadora Y Exportadora De La Patagonia (BUE:PATA) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Importadora Y Exportadora De La Patagonia and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Importadora Y Exportadora De La Patagonia's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Importadora Y Exportadora De La Patagonia ranks #779 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 71.1%.
Is Importadora Y Exportadora De La Patagonia's Piotroski F-Score too high?
Importadora Y Exportadora De La Patagonia's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Importadora Y Exportadora De La Patagonia's value of 4 is 20% below this industry median. Based on the distribution chart, Importadora Y Exportadora De La Patagonia ranks #779 out of 1096 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Importadora Y Exportadora De La Patagonia has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Importadora Y Exportadora De La Patagonia's Piotroski F-Score compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Importadora Y Exportadora De La Patagonia ranks #779 out of 1096 companies for Piotroski F-Score. This places Importadora Y Exportadora De La Patagonia in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Importadora Y Exportadora De La Patagonia's value of 4 is 20% below this benchmark. Historically, Importadora Y Exportadora De La Patagonia's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Importadora Y Exportadora De La Patagonia has consistently been below 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 a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,096 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. Importadora Y Exportadora De La Patagonia's current Piotroski F-Score of 4 is 20% below 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 Importadora Y Exportadora De La Patagonia and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Importadora Y Exportadora De La Patagonia's current Piotroski F-Score is 4, which is 33% below 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 Importadora Y Exportadora De La Patagonia stock overvalued right now?
Based on GuruFocus' analysis, Importadora Y Exportadora De La Patagonia (BUE:PATA) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS1,170.46, compared to a current price of ARS1,305.00 — trading 11.5% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Retail - Cyclical industry median of 5.00. Importadora Y Exportadora De La Patagonia's overall GF Score™ is 72/100 with 3 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 Importadora Y Exportadora De La Patagonia (BUE:PATA), the current Piotroski F-Score is 4 as of Jun. 29, 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 Importadora Y Exportadora De La Patagonia (BUE:PATA) Overvalued in 2026?
Based on GuruFocus' analysis, Importadora Y Exportadora De La Patagonia stock appears to be overvalued.
The current stock price of ARS1,305.00 is trading 11.5% above its estimated GF Value™ of ARS1,170.46.
GuruFocus considers Importadora Y Exportadora De La Patagonia to be Modestly Overvalued.
Key valuation signals for BUE:PATA:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: ARS1,170.46 vs. price of ARS1,305.00 (11.5% above fair value)
Industry Position: 20% below the Retail - Cyclical median (#779 of 1096)
No single metric tells the full story. See the BUE:PATA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Importadora Y Exportadora De La Patagonia Business Description
Importadora Y Exportadora De La Patagonia SA operates a chain of supermarkets. It produces and distributes meat, various cold cuts, frozen and canned foods, bakery, dairy, toiletries, groceries and cleaning products, among others. The company has business activities such as in buying and selling , import, collection, fractionation, distribution and export of all kinds of fruits and foods, fresh and packaged, perishable or non-perishable, and in general of any merchandise or product marketable in general stores, both in their own physical establishments or in third parties, such as hypermarkets or supermarkets.
72GF Score
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