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DEUZF (Deutz AG) Piotroski F-Score : 4 (As of Mar. 24, 2025)


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What is Deutz AG 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

Deutz AG has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

DEUZF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Deutz AG was 9. The lowest was 2. And the median was 6.


Deutz AG Piotroski F-Score Historical Data

The historical data trend for Deutz AG'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.

Deutz AG Piotroski F-Score Chart

Deutz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 2.00 7.00 7.00 6.00

Deutz AG 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 6.00 6.00 6.00 4.00

Competitive Comparison of Deutz AG's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, Deutz AG'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.


Deutz AG's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Deutz AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Deutz AG'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 17.448 + 9.565 + 29.064 + -2.22 = $54 Mil.
Cash Flow from Operations was 87.786 + 22.283 + -27.449 + 31.188 = $114 Mil.
Revenue was 606.325 + 494.239 + 452.96 + 477.691 = $2,031 Mil.
Gross Profit was 119.084 + 119.348 + 105.92 + 97.558 = $442 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(1723.586 + 1734.133 + 1729.565 + 1646.394 + 1922.863) / 5 = $1751.3082 Mil.
Total Assets at the begining of this year (Sep23) was $1,724 Mil.
Long-Term Debt & Capital Lease Obligation was $154 Mil.
Total Current Assets was $909 Mil.
Total Current Liabilities was $704 Mil.
Net Income was 37.182 + 25.482 + 22.21 + 23.052 = $108 Mil.

Revenue was 525.742 + 542.827 + 535.428 + 551.227 = $2,155 Mil.
Gross Profit was 111.864 + 122.591 + 123.835 + 118.463 = $477 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(1494.653 + 1562.924 + 1698.073 + 1729.361 + 1723.586) / 5 = $1641.7194 Mil.
Total Assets at the begining of last year (Sep22) was $1,495 Mil.
Long-Term Debt & Capital Lease Obligation was $76 Mil.
Total Current Assets was $900 Mil.
Total Current Liabilities was $723 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.

Deutz AG's current Net Income (TTM) was 54. ==> 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.

Deutz AG's current Cash Flow from Operations (TTM) was 114. ==> 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)
=53.857/1723.586
=0.03124706

ROA (Last Year)=Net Income/Total Assets (Sep22)
=107.926/1494.653
=0.07220806

Deutz AG's return on assets of this year was 0.03124706. Deutz AG's return on assets of last year was 0.07220806. ==> Last year is higher ==> Score 0.

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.

Deutz AG's current Net Income (TTM) was 54. Deutz AG's current Cash Flow from Operations (TTM) was 114. ==> 114 > 54 ==> 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
=154.384/1751.3082
=0.08815353

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=75.667/1641.7194
=0.04609009

Deutz AG's gearing of this year was 0.08815353. Deutz AG's gearing of last year was 0.04609009. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=909.434/703.774
=1.29222449

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=900.213/722.625
=1.24575402

Deutz AG's current ratio of this year was 1.29222449. Deutz AG's current ratio of last year was 1.24575402. ==> 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.

Deutz AG's number of shares in issue this year was 134.286. Deutz AG's number of shares in issue last year was 127.059. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=441.91/2031.215
=0.21755944

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=476.753/2155.224
=0.2212081

Deutz AG's gross margin of this year was 0.21755944. Deutz AG's gross margin of last year was 0.2212081. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Sep23)
=2031.215/1723.586
=1.17848196

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=2155.224/1494.653
=1.44195609

Deutz AG's asset turnover of this year was 1.17848196. Deutz AG's asset turnover of last year was 1.44195609. ==> 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+0+1+0+1+0+0+0
=4

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

Deutz AG has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Deutz AG  (OTCPK:DEUZF) 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.


Deutz AG Piotroski F-Score Related Terms

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Deutz AG Business Description

Traded in Other Exchanges
Address
Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149
Deutz AG is engaged in the development, production, and sales of drive solutions for off-road applications. The current portfolio of the company ranges from diesel and gas to hybrid and electric to hydrogen-based drives. DEUTZ engines serve construction and agricultural machinery, material handling applications such as forklifts or lifting platforms, commercial and rail vehicles as well as boat applications for private and commercial use. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the EMEA.

Deutz AG Headlines

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