CMZOF (Corporacion MoctezumaB de CV) Piotroski F-Score: 6 (As of Jun. 24, 2026) — 14% Below Median


CMZOF Corporacion Moctezuma SAB de CV CMZOF
87 GF Score
Price $5.21
GF Value $3.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Corporacion MoctezumaB de CV Piotroski F-Score?

Corporacion MoctezumaB de CV CMZOF +14.76% 87 Piotroski F-Score is 6 as of Jun. 24, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates CMZOF with a GF Score™ of 87/100 and a GF Value™ of $3.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 395 Building Materials companies, Corporacion MoctezumaB de CV ranks better than 68.86% on this metric.

The zones of discrimination were as such:

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

Corporacion MoctezumaB de CV 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 Corporacion MoctezumaB de CV's Piotroski F-Score or its related term are showing as below:

CMZOF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Corporacion MoctezumaB de CV was 9. The lowest was 3. And the median was 7.

Corporacion MoctezumaB de CV  (OTCPK:CMZOF) 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.


Corporacion MoctezumaB de CV Piotroski F-Score Related Terms


Corporacion MoctezumaB de CV Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Corporacion MoctezumaB de CV'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.

Corporacion MoctezumaB de CV Piotroski F-Score Chart

Corporacion MoctezumaB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 8.00 4.00 6.00

Corporacion MoctezumaB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.00 4.00 5.00 6.00 6.00

CMZOF vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Corporacion MoctezumaB de CV'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.


Corporacion MoctezumaB de CV Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Corporacion MoctezumaB de CV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Corporacion MoctezumaB de CV's Piotroski F-Score falls into.


CMZOF
87GF Score
Corporacion Moctezuma SAB de CV CMZOF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 77.033 + 89.352 + 84.499 + 105.026 = $356 Mil.
Cash Flow from Operations was 94.227 + 96.257 + 128.796 + 85.659 = $405 Mil.
Revenue was 266.582 + 285.719 + 292.451 + 313.338 = $1,158 Mil.
Gross Profit was 173.494 + 187.954 + 181.622 + 211.335 = $754 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(986.081 + 1011.531 + 1119.992 + 1144.042 + 1211.138) / 5 = $1094.5568 Mil.
Total Assets at the begining of this year (Mar25) was $986 Mil.
Long-Term Debt & Capital Lease Obligation was $12 Mil.
Total Current Assets was $660 Mil.
Total Current Liabilities was $193 Mil.
Net Income was 98.483 + 84.039 + 67.711 + 80.634 = $331 Mil.

Revenue was 288.502 + 251.497 + 221.563 + 237.185 = $999 Mil.
Gross Profit was 189.844 + 161.182 + 140.289 + 156.159 = $647 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1085.428 + 939.828 + 957.869 + 904.7 + 986.081) / 5 = $974.7812 Mil.
Total Assets at the begining of last year (Mar24) was $1,085 Mil.
Long-Term Debt & Capital Lease Obligation was $13 Mil.
Total Current Assets was $548 Mil.
Total Current Liabilities was $138 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.

Corporacion MoctezumaB de CV's current Net Income (TTM) was 356. ==> 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.

Corporacion MoctezumaB de CV's current Cash Flow from Operations (TTM) was 405. ==> 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 (Mar25)
=355.91/986.081
=0.36093384

ROA (Last Year)=Net Income/Total Assets (Mar24)
=330.867/1085.428
=0.3048263

Corporacion MoctezumaB de CV's return on assets of this year was 0.36093384. Corporacion MoctezumaB de CV's return on assets of last year was 0.3048263. ==> 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.

Corporacion MoctezumaB de CV's current Net Income (TTM) was 356. Corporacion MoctezumaB de CV's current Cash Flow from Operations (TTM) was 405. ==> 405 > 356 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=12.353/1094.5568
=0.01128585

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=12.552/974.7812
=0.01287674

Corporacion MoctezumaB de CV's gearing of this year was 0.01128585. Corporacion MoctezumaB de CV's gearing of last year was 0.01287674. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=659.904/192.943
=3.42020182

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=547.997/137.778
=3.97739117

Corporacion MoctezumaB de CV's current ratio of this year was 3.42020182. Corporacion MoctezumaB de CV's current ratio of last year was 3.97739117. ==> 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.

Corporacion MoctezumaB de CV's number of shares in issue this year was 849.706. Corporacion MoctezumaB de CV's number of shares in issue last year was 853.521. ==> 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
=754.405/1158.09
=0.65142174

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=647.474/998.747
=0.6482863

Corporacion MoctezumaB de CV's gross margin of this year was 0.65142174. Corporacion MoctezumaB de CV's gross margin of last year was 0.6482863. ==> 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 (Mar25)
=1158.09/986.081
=1.17443699

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=998.747/1085.428
=0.92014118

Corporacion MoctezumaB de CV's asset turnover of this year was 1.17443699. Corporacion MoctezumaB de CV's asset turnover of last year was 0.92014118. ==> 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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Corporacion MoctezumaB de CV (CMZOF) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Corporacion MoctezumaB de CV and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Corporacion MoctezumaB de CV's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Corporacion MoctezumaB de CV ranks #123 out of 395 companies in the Building Materials industry, placing it in the top 31.1%.
Is Corporacion MoctezumaB de CV's Piotroski F-Score too high?
Corporacion MoctezumaB de CV's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 5.00. Corporacion MoctezumaB de CV's value of 6 is 20% above this industry median. Based on the distribution chart, Corporacion MoctezumaB de CV ranks #123 out of 395 companies in the Building Materials industry, which is above the industry midpoint. Overall, Corporacion MoctezumaB de CV has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corporacion MoctezumaB de CV's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Corporacion MoctezumaB de CV ranks #123 out of 395 companies for Piotroski F-Score. This puts Corporacion MoctezumaB de CV in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Corporacion MoctezumaB de CV's value of 6 is 20% above this benchmark. Historically, Corporacion MoctezumaB de CV'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 7.00 vs. the industry median of 5.00, Corporacion MoctezumaB de CV has consistently been above 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 395 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. Corporacion MoctezumaB de CV's current Piotroski F-Score of 6 is 20% above 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 Corporacion MoctezumaB de CV and its competitors. For the Building Materials 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. Corporacion MoctezumaB de CV's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion MoctezumaB de CV stock overvalued right now?
Based on GuruFocus' analysis, Corporacion MoctezumaB de CV (CMZOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.23, compared to a current price of $5.21 — trading 61.3% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Building Materials industry median of 5.00. Corporacion MoctezumaB de CV's overall GF Score™ is 87/100 with 2 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 Corporacion MoctezumaB de CV (CMZOF), the current Piotroski F-Score is 6 as of Jun. 24, 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 Corporacion MoctezumaB de CV (CMZOF) Overvalued in 2026?

Based on GuruFocus' analysis, Corporacion MoctezumaB de CV stock appears to be overvalued. The current stock price of $5.21 is trading 61.3% above its estimated GF Value™ of $3.23. GuruFocus considers Corporacion MoctezumaB de CV to be Significantly Overvalued.

Key valuation signals for CMZOF:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: $3.23 vs. price of $5.21 (61.3% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 20% above the Building Materials median (#123 of 395)

No single metric tells the full story. See the CMZOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corporacion MoctezumaB de CV Business Description

Other Exchanges CMOCTEZ:Mexico
Address Monte Elbruz 134 PH, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Corporacion Moctezuma SAB de CV is a Mexico-based company which is engaged in the production and sale of cement and ready-mix concrete. The product portfolio of the includes of compound Portland cements, white cement and mortar and others.
87GF Score

Get the complete analysis for CMZOF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.21
Price
$3.23
GF Value