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Importadora Y Exportadora De La Patagonia (BUE:PATA) Piotroski F-Score : 7 (As of Dec. 15, 2024)


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What is Importadora Y Exportadora De La Patagonia Piotroski F-Score?

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

Importadora Y Exportadora De La Patagonia 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 Importadora Y Exportadora De La Patagonia's Piotroski F-Score or its related term are showing as below:

BUE:PATA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Importadora Y Exportadora De La Patagonia was 8. The lowest was 3. And the median was 6.


Importadora Y Exportadora De La Patagonia Piotroski F-Score Historical Data

The historical data trend for Importadora Y Exportadora De La Patagonia'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.

Importadora Y Exportadora De La Patagonia Piotroski F-Score Chart

Importadora Y Exportadora De La Patagonia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 7.00 6.00 8.00

Importadora Y Exportadora De La Patagonia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 N/A 8.00 7.00

Competitive Comparison of Importadora Y Exportadora De La Patagonia's Piotroski F-Score

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's Piotroski F-Score Distribution in the 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.


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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 17871.057 + 11214.308 + 25040.547 + 7086.552 = ARS61,212 Mil.
Cash Flow from Operations was 5519.153 + 12300.696 + 49763.953 + -60.073 = ARS67,524 Mil.
Revenue was 284767.544 + 386920.177 + 666980.696 + 500534.989 = ARS1,839,203 Mil.
Gross Profit was 94076.711 + 111524.181 + 222990.073 + 133211.53 = ARS561,802 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(264380.81 + 431736.102 + 629169.951 + 719764.14 + 883215.983) / 5 = ARS585653.3972 Mil.
Total Assets at the begining of this year (Sep23) was ARS264,381 Mil.
Long-Term Debt & Capital Lease Obligation was ARS17,885 Mil.
Total Current Assets was ARS487,572 Mil.
Total Current Liabilities was ARS332,109 Mil.
Net Income was 2854.779 + 15269.08 + -24122.663 + 22037.785 = ARS16,039 Mil.

Revenue was 271693.101 + 390345.153 + 656618.355 + 526498.607 = ARS1,845,155 Mil.
Gross Profit was 72321.514 + 105851.892 + 129876.768 + 158455.462 = ARS466,506 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(112051.848 + 126482.93 + 0 + 691293.287 + 264380.81) / 5 = ARS298552.21875 Mil.
Total Assets at the begining of last year (Sep22) was ARS112,052 Mil.
Long-Term Debt & Capital Lease Obligation was ARS10,298 Mil.
Total Current Assets was ARS140,744 Mil.
Total Current Liabilities was ARS92,728 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 61,212. ==> 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.

Importadora Y Exportadora De La Patagonia's current Cash Flow from Operations (TTM) was 67,524. ==> 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 (Sep23)
=61212.464/264380.81
=0.23153142

ROA (Last Year)=Net Income/Total Assets (Sep22)
=16038.981/112051.848
=0.14313892

Importadora Y Exportadora De La Patagonia's return on assets of this year was 0.23153142. Importadora Y Exportadora De La Patagonia's return on assets of last year was 0.14313892. ==> 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.

Importadora Y Exportadora De La Patagonia's current Net Income (TTM) was 61,212. Importadora Y Exportadora De La Patagonia's current Cash Flow from Operations (TTM) was 67,524. ==> 67,524 > 61,212 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=17885.436/585653.3972
=0.03053928

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=10297.809/298552.21875
=0.03449249

Importadora Y Exportadora De La Patagonia's gearing of this year was 0.03053928. Importadora Y Exportadora De La Patagonia's gearing of last year was 0.03449249. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=487572.354/332108.798
=1.46811032

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=140744.191/92727.856
=1.51781996

Importadora Y Exportadora De La Patagonia's current ratio of this year was 1.46811032. Importadora Y Exportadora De La Patagonia's current ratio of last year was 1.51781996. ==> 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.

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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=561802.495/1839203.406
=0.30545969

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=466505.636/1845155.216
=0.25282731

Importadora Y Exportadora De La Patagonia's gross margin of this year was 0.30545969. Importadora Y Exportadora De La Patagonia's gross margin of last year was 0.25282731. ==> 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 (Sep23)
=1839203.406/264380.81
=6.95664487

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=1845155.216/112051.848
=16.46697711

Importadora Y Exportadora De La Patagonia's asset turnover of this year was 6.95664487. Importadora Y Exportadora De La Patagonia's asset turnover of last year was 16.46697711. ==> 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+1+1+1+0+1+1+0
=7

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 7. It is a good or high score, which usually indicates a very healthy situation.

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.

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.


Importadora Y Exportadora De La Patagonia Piotroski F-Score Related Terms

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Importadora Y Exportadora De La Patagonia Business Description

Traded in Other Exchanges
N/A
Address
Avenue Leandro, N. Alem 1134, 8th floor, Buenos Aires, ARG
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.

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