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DURYY (Duerr AG) Piotroski F-Score : 4 (As of Mar. 17, 2025)


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What is Duerr 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

Duerr 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 Duerr AG's Piotroski F-Score or its related term are showing as below:

DURYY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Duerr AG was 8. The lowest was 3. And the median was 5.


Duerr AG Piotroski F-Score Historical Data

The historical data trend for Duerr 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.

Duerr AG Piotroski F-Score Chart

Duerr 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 5.00 4.00 8.00 6.00 4.00

Duerr 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 6.00 4.00 5.00 5.00 4.00

Competitive Comparison of Duerr AG's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, Duerr 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.


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

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

* The bar in red indicates where Duerr 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 5.37 + 21.776 + 20.544 + 45.233 = $93 Mil.
Cash Flow from Operations was 182.846 + 85.514 + 91.748 + 84.921 = $445 Mil.
Revenue was 1448.383 + 1193.962 + 1273.264 + 1287.963 = $5,204 Mil.
Gross Profit was 268.894 + 263.425 + 266.812 + 267.127 = $1,066 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(5715.947 + 5622.666 + 5602.302 + 5582.544 + 5598.42) / 5 = $5624.3758 Mil.
Total Assets at the begining of this year (Sep23) was $5,716 Mil.
Long-Term Debt & Capital Lease Obligation was $1,262 Mil.
Total Current Assets was $3,491 Mil.
Total Current Liabilities was $2,729 Mil.
Net Income was 57.003 + 23.96 + 40.83 + 50.152 = $172 Mil.

Revenue was 1309.288 + 1086.393 + 1213.654 + 1242.554 = $4,852 Mil.
Gross Profit was 275.162 + 247.976 + 286.276 + 280.349 = $1,090 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(4632.141 + 4799.732 + 4914.181 + 5163.016 + 5715.947) / 5 = $5045.0034 Mil.
Total Assets at the begining of last year (Sep22) was $4,632 Mil.
Long-Term Debt & Capital Lease Obligation was $1,017 Mil.
Total Current Assets was $3,643 Mil.
Total Current Liabilities was $3,116 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.

Duerr AG's current Net Income (TTM) was 93. ==> 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.

Duerr AG's current Cash Flow from Operations (TTM) was 445. ==> 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)
=92.923/5715.947
=0.0162568

ROA (Last Year)=Net Income/Total Assets (Sep22)
=171.945/4632.141
=0.03711998

Duerr AG's return on assets of this year was 0.0162568. Duerr AG's return on assets of last year was 0.03711998. ==> 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.

Duerr AG's current Net Income (TTM) was 93. Duerr AG's current Cash Flow from Operations (TTM) was 445. ==> 445 > 93 ==> 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
=1262.311/5624.3758
=0.22443575

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=1016.502/5045.0034
=0.20148688

Duerr AG's gearing of this year was 0.22443575. Duerr AG's gearing of last year was 0.20148688. ==> 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
=3491.382/2728.902
=1.27940908

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=3643.279/3116.054
=1.16919636

Duerr AG's current ratio of this year was 1.27940908. Duerr AG's current ratio of last year was 1.16919636. ==> 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.

Duerr AG's number of shares in issue this year was 363.884. Duerr AG's number of shares in issue last year was 361.477. ==> 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
=1066.258/5203.572
=0.20490886

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1089.763/4851.889
=0.22460592

Duerr AG's gross margin of this year was 0.20490886. Duerr AG's gross margin of last year was 0.22460592. ==> 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)
=5203.572/5715.947
=0.91036044

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=4851.889/4632.141
=1.04743983

Duerr AG's asset turnover of this year was 0.91036044. Duerr AG's asset turnover of last year was 1.04743983. ==> 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

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

Duerr AG  (OTCPK:DURYY) 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.


Duerr AG Piotroski F-Score Related Terms

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Duerr AG Business Description

Traded in Other Exchanges
Address
Carl-Benz-Strasse 34, Bietigheim-Bissingen, BW, DEU, 74321
Duerr AG is engaged in mechanical and plant engineering. The company has five segments; Paint and Final Assembly Systems division plan to build, and update paint shops and final assembly lines for the automotive industry, Application Technology includes sales with technologies for the automated spray application of primers, base coats, and clear coats, Clean Technology Systems is into exhaust-air purification technology, Measuring and Process Systems offer balancing and diagnostic technology and automated refrigerant charging solutions, and Woodworking Machinery and Systems products include panel dividing and through-feed saws, CNC processing centers, drilling machines, sanders, edge banding machines, as well as handling and storage systems.

Duerr AG Headlines

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