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Fawry For Banking Technology And Electronic Payment (CAI:FWRY) Piotroski F-Score : 7 (As of Apr. 07, 2025)


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What is Fawry For Banking Technology And Electronic Payment 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

Fawry For Banking Technology And Electronic Payment 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 Fawry For Banking Technology And Electronic Payment's Piotroski F-Score or its related term are showing as below:

CAI:FWRY' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 7
Current: 7

During the past 10 years, the highest Piotroski F-Score of Fawry For Banking Technology And Electronic Payment was 7. The lowest was 5. And the median was 7.


Fawry For Banking Technology And Electronic Payment Piotroski F-Score Historical Data

The historical data trend for Fawry For Banking Technology And Electronic Payment'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.

Fawry For Banking Technology And Electronic Payment Piotroski F-Score Chart

Fawry For Banking Technology And Electronic Payment 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 7.00 5.00 6.00 5.00 7.00

Fawry For Banking Technology And Electronic Payment 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 6.00 7.00 7.00 7.00

Competitive Comparison of Fawry For Banking Technology And Electronic Payment's Piotroski F-Score

For the Software - Infrastructure subindustry, Fawry For Banking Technology And Electronic Payment'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.


Fawry For Banking Technology And Electronic Payment's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Fawry For Banking Technology And Electronic Payment's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fawry For Banking Technology And Electronic Payment's Piotroski F-Score falls into.


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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 307.09 + 321.682 + 477.775 + 500.108 = E£1,607 Mil.
Cash Flow from Operations was -342.022 + 3964.773 + -2720.049 + 968.695 = E£1,871 Mil.
Revenue was 1087.19 + 1212.174 + 1545.882 + 1665.373 = E£5,511 Mil.
Gross Profit was 715.62 + 801.545 + 1025.105 + 1080.034 = E£3,622 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(8971.584 + 8978.339 + 13140.676 + 11438.93 + 13256.776) / 5 = E£11157.261 Mil.
Total Assets at the begining of this year (Dec23) was E£8,972 Mil.
Long-Term Debt & Capital Lease Obligation was E£557 Mil.
Total Current Assets was E£9,876 Mil.
Total Current Liabilities was E£7,487 Mil.
Net Income was 123.282 + 159.774 + 203.485 + 228.797 = E£715 Mil.

Revenue was 675.697 + 768.473 + 873.155 + 954.691 = E£3,272 Mil.
Gross Profit was 418.787 + 473.608 + 556.701 + 612.727 = E£2,062 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(6423.758 + 6798.149 + 8469.302 + 9339.09 + 8971.584) / 5 = E£8000.3766 Mil.
Total Assets at the begining of last year (Dec22) was E£6,424 Mil.
Long-Term Debt & Capital Lease Obligation was E£258 Mil.
Total Current Assets was E£6,996 Mil.
Total Current Liabilities was E£5,211 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.

Fawry For Banking Technology And Electronic Payment's current Net Income (TTM) was 1,607. ==> 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.

Fawry For Banking Technology And Electronic Payment's current Cash Flow from Operations (TTM) was 1,871. ==> 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)
=1606.655/8971.584
=0.17908265

ROA (Last Year)=Net Income/Total Assets (Dec22)
=715.338/6423.758
=0.11135818

Fawry For Banking Technology And Electronic Payment's return on assets of this year was 0.17908265. Fawry For Banking Technology And Electronic Payment's return on assets of last year was 0.11135818. ==> 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.

Fawry For Banking Technology And Electronic Payment's current Net Income (TTM) was 1,607. Fawry For Banking Technology And Electronic Payment's current Cash Flow from Operations (TTM) was 1,871. ==> 1,871 > 1,607 ==> 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
=557.462/11157.261
=0.04996405

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=258.453/8000.3766
=0.0323051

Fawry For Banking Technology And Electronic Payment's gearing of this year was 0.04996405. Fawry For Banking Technology And Electronic Payment's gearing of last year was 0.0323051. ==> 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

Current Ratio (This Year: Dec24)=Total Current Assets/Total Current Liabilities
=9875.766/7486.99
=1.31905692

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=6996.038/5211.195
=1.34250167

Fawry For Banking Technology And Electronic Payment's current ratio of this year was 1.31905692. Fawry For Banking Technology And Electronic Payment's current ratio of last year was 1.34250167. ==> 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.

Fawry For Banking Technology And Electronic Payment's number of shares in issue this year was 3406.523. Fawry For Banking Technology And Electronic Payment's number of shares in issue last year was 3704.181. ==> 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
=3622.304/5510.619
=0.6573316

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2061.823/3272.016
=0.63013842

Fawry For Banking Technology And Electronic Payment's gross margin of this year was 0.6573316. Fawry For Banking Technology And Electronic Payment's gross margin of last year was 0.63013842. ==> 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)
=5510.619/8971.584
=0.61423033

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=3272.016/6423.758
=0.50936165

Fawry For Banking Technology And Electronic Payment's asset turnover of this year was 0.61423033. Fawry For Banking Technology And Electronic Payment's asset turnover of last year was 0.50936165. ==> 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+0+0+1+1+1
=7

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

Fawry For Banking Technology And Electronic Payment has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Fawry For Banking Technology And Electronic Payment  (CAI:FWRY) 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.


Fawry For Banking Technology And Electronic Payment Piotroski F-Score Related Terms

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Fawry For Banking Technology And Electronic Payment Business Description

Traded in Other Exchanges
N/A
Address
Smart Village, Building 221, Floor 12, Financial district, Cairo, EGY
Fawry For Banking Technology And Electronic Payment is engaged in providing operations services specialized in systems and communications, management, operating and maintenance of equipment's and computers networks services and internal systems of banks, networks, and centralized systems, establish operating systems for banking services through the internet, phone and e-payment services and circulation of secured documents electronically, and renting properties.

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