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Fenerbahce Futbol Anonim Sirketi (IST:FENER) Piotroski F-Score : 6 (As of Apr. 06, 2025)


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What is Fenerbahce Futbol Anonim Sirketi 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

Fenerbahce Futbol Anonim Sirketi 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 Fenerbahce Futbol Anonim Sirketi's Piotroski F-Score or its related term are showing as below:

IST:FENER' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Fenerbahce Futbol Anonim Sirketi was 8. The lowest was 2. And the median was 5.


Fenerbahce Futbol Anonim Sirketi Piotroski F-Score Historical Data

The historical data trend for Fenerbahce Futbol Anonim Sirketi'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.

Fenerbahce Futbol Anonim Sirketi Piotroski F-Score Chart

Fenerbahce Futbol Anonim Sirketi Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 5.00 7.00 7.00

Fenerbahce Futbol Anonim Sirketi Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 6.00 7.00 5.00 6.00

Competitive Comparison of Fenerbahce Futbol Anonim Sirketi's Piotroski F-Score

For the Entertainment subindustry, Fenerbahce Futbol Anonim Sirketi'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.


Fenerbahce Futbol Anonim Sirketi's Piotroski F-Score Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fenerbahce Futbol Anonim Sirketi's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fenerbahce Futbol Anonim Sirketi'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 (Nov24) TTM:Last Year (Nov23) TTM:
Net Income was -438.413 + 1362.123 + 616.201 + -75.783 = ₺1,464 Mil.
Cash Flow from Operations was 62.508 + -9.457 + 1603.804 + 387.896 = ₺2,045 Mil.
Revenue was 1229.006 + 2268.309 + 1325.897 + 2183.323 = ₺7,007 Mil.
Gross Profit was -136.757 + -761.879 + -141.963 + -163.099 = ₺-1,204 Mil.
Average Total Assets from the begining of this year (Nov23)
to the end of this year (Nov24) was
(7542.107 + 7303.792 + 8329.347 + 12553.009 + 11832.306) / 5 = ₺9512.1122 Mil.
Total Assets at the begining of this year (Nov23) was ₺7,542 Mil.
Long-Term Debt & Capital Lease Obligation was ₺3,000 Mil.
Total Current Assets was ₺7,498 Mil.
Total Current Liabilities was ₺8,907 Mil.
Net Income was -228.65 + 269.973 + 2650.412 + -53.291 = ₺2,638 Mil.

Revenue was 443.418 + 2659.928 + 1423.817 + 1699.099 = ₺6,226 Mil.
Gross Profit was -140.173 + -784.188 + 131.13 + -297.939 = ₺-1,091 Mil.
Average Total Assets from the begining of last year (Nov22)
to the end of last year (Nov23) was
(4785.016 + 4722.022 + 4584.203 + 7971.47 + 7542.107) / 5 = ₺5920.9636 Mil.
Total Assets at the begining of last year (Nov22) was ₺4,785 Mil.
Long-Term Debt & Capital Lease Obligation was ₺3,039 Mil.
Total Current Assets was ₺5,300 Mil.
Total Current Liabilities was ₺5,026 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.

Fenerbahce Futbol Anonim Sirketi's current Net Income (TTM) was 1,464. ==> 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.

Fenerbahce Futbol Anonim Sirketi's current Cash Flow from Operations (TTM) was 2,045. ==> 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 (Nov23)
=1464.128/7542.107
=0.19412718

ROA (Last Year)=Net Income/Total Assets (Nov22)
=2638.444/4785.016
=0.55139711

Fenerbahce Futbol Anonim Sirketi's return on assets of this year was 0.19412718. Fenerbahce Futbol Anonim Sirketi's return on assets of last year was 0.55139711. ==> 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.

Fenerbahce Futbol Anonim Sirketi's current Net Income (TTM) was 1,464. Fenerbahce Futbol Anonim Sirketi's current Cash Flow from Operations (TTM) was 2,045. ==> 2,045 > 1,464 ==> 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: Nov24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov23 to Nov24
=2999.885/9512.1122
=0.31537527

Gearing (Last Year: Nov23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov22 to Nov23
=3039.298/5920.9636
=0.51331138

Fenerbahce Futbol Anonim Sirketi's gearing of this year was 0.31537527. Fenerbahce Futbol Anonim Sirketi's gearing of last year was 0.51331138. ==> 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: Nov24)=Total Current Assets/Total Current Liabilities
=7497.864/8906.693
=0.84182356

Current Ratio (Last Year: Nov23)=Total Current Assets/Total Current Liabilities
=5300.485/5026.234
=1.05456391

Fenerbahce Futbol Anonim Sirketi's current ratio of this year was 0.84182356. Fenerbahce Futbol Anonim Sirketi's current ratio of last year was 1.05456391. ==> 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.

Fenerbahce Futbol Anonim Sirketi's number of shares in issue this year was 230.056. Fenerbahce Futbol Anonim Sirketi's number of shares in issue last year was 230.056. ==> 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
=-1203.698/7006.535
=-0.17179647

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-1091.17/6226.262
=-0.17525282

Fenerbahce Futbol Anonim Sirketi's gross margin of this year was -0.17179647. Fenerbahce Futbol Anonim Sirketi's gross margin of last year was -0.17525282. ==> 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 (Nov23)
=7006.535/7542.107
=0.92898907

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov22)
=6226.262/4785.016
=1.30119983

Fenerbahce Futbol Anonim Sirketi's asset turnover of this year was 0.92898907. Fenerbahce Futbol Anonim Sirketi's asset turnover of last year was 1.30119983. ==> 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+1+0+1+1+0
=6

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

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

Fenerbahce Futbol Anonim Sirketi  (IST:FENER) 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.


Fenerbahce Futbol Anonim Sirketi Piotroski F-Score Related Terms

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Fenerbahce Futbol Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Fenerbahce sukru Saracoglu Stadi, Maraton Girisi, Kiziltoprak, Kadikoy, Istanbul, TUR, 34724
Fenerbahce Futbol Anonim Sirketi manages the Fenerbahce Sports Club in Turkey. The facilities provided by the sports club includes The Stadium, The Social Venue, The Training Complex, The Sports Hall, and The Swimming Pool among others.

Fenerbahce Futbol Anonim Sirketi Headlines

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