GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » YPF SA (BUE:YPFD) » Definitions » Piotroski F-Score

YPF (BUE:YPFD) Piotroski F-Score : 6 (As of Mar. 28, 2025)


View and export this data going back to . Start your Free Trial

What is YPF Piotroski F-Score?

The zones of discrimination were as such:

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

YPF has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

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

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


YPF Piotroski F-Score Historical Data

The historical data trend for YPF'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.

YPF Piotroski F-Score Chart

YPF 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 3.00 8.00 6.00 2.00 6.00

YPF 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 2.00 1.00 3.00 7.00 6.00

Competitive Comparison of YPF's Piotroski F-Score

For the Oil & Gas Integrated subindustry, YPF'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.


YPF's Piotroski F-Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, YPF's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where YPF'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 553522.509 + 464764.493 + 1397234.939 + -292900.003 = ARS2,122,622 Mil.
Cash Flow from Operations was 917482.516 + 1273400.982 + 3717555515.613 + -3946878039.469 = ARS-227,131,640 Mil.
Revenue was 3605057.561 + 4419292.437 + 5034798.279 + 4798510.048 = ARS17,857,658 Mil.
Gross Profit was 1061550.018 + 1323548.981 + 1538859.432 + 1004950.01 = ARS4,928,908 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(9037635.008 + 22451782.882 + 24661174.147 + 27334477.799 + 29684910.297) / 5 = ARS22633996.0266 Mil.
Total Assets at the begining of this year (Dec23) was ARS9,037,635 Mil.
Long-Term Debt & Capital Lease Obligation was ARS7,515,410 Mil.
Total Current Assets was ARS6,860,930 Mil.
Total Current Liabilities was ARS8,762,760 Mil.
Net Income was 67364.552 + 80399.999 + -44793.601 + -671460.001 = ARS-568,489 Mil.

Revenue was 826746.769 + 1049999.992 + 1576174.843 + 1485154.001 = ARS4,938,076 Mil.
Gross Profit was 175029.304 + 207839.998 + 285209.258 + 273638 = ARS941,717 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(4344146.68 + 5199922.284 + 6488836.508 + 9395107.909 + 9037635.008) / 5 = ARS6893129.6778 Mil.
Total Assets at the begining of last year (Dec22) was ARS4,344,147 Mil.
Long-Term Debt & Capital Lease Obligation was ARS2,529,527 Mil.
Total Current Assets was ARS1,600,674 Mil.
Total Current Liabilities was ARS1,776,120 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.

YPF's current Net Income (TTM) was 2,122,622. ==> 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.

YPF's current Cash Flow from Operations (TTM) was -227,131,640. ==> Negative ==> Score 0.

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)
=2122621.938/9037635.008
=0.23486476

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-568489.051/4344146.68
=-0.13086323

YPF's return on assets of this year was 0.23486476. YPF's return on assets of last year was -0.13086323. ==> 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.

YPF's current Net Income (TTM) was 2,122,622. YPF's current Cash Flow from Operations (TTM) was -227,131,640. ==> -227,131,640 <= 2,122,622 ==> CFROA <= ROA ==> Score 0.

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
=7515410.075/22633996.0266
=0.3320408

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2529527.002/6893129.6778
=0.3669635

YPF's gearing of this year was 0.3320408. YPF's gearing of last year was 0.3669635. ==> 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
=6860930.069/8762760.088
=0.7829645

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1600674.001/1776120.002
=0.90121951

YPF's current ratio of this year was 0.7829645. YPF's current ratio of last year was 0.90121951. ==> 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.

YPF's number of shares in issue this year was 391.892. YPF's number of shares in issue last year was 392.129. ==> 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
=4928908.441/17857658.325
=0.27601091

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=941716.56/4938075.605
=0.19070517

YPF's gross margin of this year was 0.27601091. YPF's gross margin of last year was 0.19070517. ==> 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)
=17857658.325/9037635.008
=1.97592161

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=4938075.605/4344146.68
=1.13671935

YPF's asset turnover of this year was 1.97592161. YPF's asset turnover of last year was 1.13671935. ==> 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+0+1+0+1+0+1+1+1
=6

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

YPF has an F-score of 6 indicating the company's financial situation is typical for a stable company.

YPF  (BUE:YPFD) 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.


YPF Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of YPF's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


YPF Business Description

Industry
Address
Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. Its upstream segment consists of exploration, development, and production of crude oil, natural gas, and LPG. Its downstream segment include refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG and bio-fuels. Gas and Power segment performs activities related to natural gas transportation to third parties and Downstream segment. Central Administration and Others includes activities performed by the Group not falling under the business segments. It generates maximum revenue from downstream segment.

YPF Headlines

No Headlines