Bac Majestic (LTS:0QCU) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 20% Below Median


What is Bac Majestic Piotroski F-Score?

Bac Majestic LTS:0QCU Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. The stock has 1 warning sign investors should review.

The zones of discrimination were as such:

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

Bac Majestic 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 Bac Majestic's Piotroski F-Score or its related term are showing as below:

LTS:0QCU' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 4

During the past 9 years, the highest Piotroski F-Score of Bac Majestic was 7. The lowest was 4. And the median was 5.

Bac Majestic  (LTS:0QCU) 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.


Bac Majestic Piotroski F-Score Related Terms


Bac Majestic Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bac Majestic'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.

Bac Majestic Piotroski F-Score Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 7.00 4.00 5.00 4.00

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 5.00 0.00 4.00 0.00

LTS:0QCU vs SBSAA, TMGI, NTN: Piotroski F-Score Comparison

For the Broadcasting subindustry, Bac Majestic'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.


Bac Majestic Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bac Majestic's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Bac Majestic'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 (Dec14) TTM:Last Year (Dec13) TTM:
Net Income was €0.21 Mil.
Cash Flow from Operations was €0.15 Mil.
Revenue was €1.02 Mil.
Gross Profit was €0.45 Mil.
Average Total Assets from the begining of this year (Dec13)
to the end of this year (Dec14) was (5.668 + 3.099) / 2 = €4.3835 Mil.
Total Assets at the begining of this year (Dec13) was €5.67 Mil.
Long-Term Debt & Capital Lease Obligation was €0.09 Mil.
Total Current Assets was €2.31 Mil.
Total Current Liabilities was €11.72 Mil.
Net Income was €2.25 Mil.

Revenue was €1.74 Mil.
Gross Profit was €0.80 Mil.
Average Total Assets from the begining of last year (Dec12)
to the end of last year (Dec13) was (14.288 + 5.668) / 2 = €9.978 Mil.
Total Assets at the begining of last year (Dec12) was €14.29 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €4.28 Mil.
Total Current Liabilities was €12.32 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.

Bac Majestic's current Net Income (TTM) was 0.21. ==> 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.

Bac Majestic's current Cash Flow from Operations (TTM) was 0.15. ==> 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 (Dec13)
=0.213/5.668
=0.03757939

ROA (Last Year)=Net Income/Total Assets (Dec12)
=2.247/14.288
=0.15726484

Bac Majestic's return on assets of this year was 0.03757939. Bac Majestic's return on assets of last year was 0.15726484. ==> 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.

Bac Majestic's current Net Income (TTM) was 0.21. Bac Majestic's current Cash Flow from Operations (TTM) was 0.15. ==> 0.15 <= 0.21 ==> CFROA <= ROA ==> Score 0.

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: Dec14)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec13 to Dec14
=0.09/4.3835
=0.02053154

Gearing (Last Year: Dec13)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec12 to Dec13
=0/9.978
=0

Bac Majestic's gearing of this year was 0.02053154. Bac Majestic's gearing of last year was 0. ==> 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: Dec14)=Total Current Assets/Total Current Liabilities
=2.313/11.719
=0.19737179

Current Ratio (Last Year: Dec13)=Total Current Assets/Total Current Liabilities
=4.276/12.32
=0.34707792

Bac Majestic's current ratio of this year was 0.19737179. Bac Majestic's current ratio of last year was 0.34707792. ==> 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.

Bac Majestic's number of shares in issue this year was 0.078. Bac Majestic's number of shares in issue last year was 0.078. ==> 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
=0.454/1.021
=0.4446621

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.804/1.742
=0.46153846

Bac Majestic's gross margin of this year was 0.4446621. Bac Majestic's gross margin of last year was 0.46153846. ==> 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 (Dec13)
=1.021/5.668
=0.18013409

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec12)
=1.742/14.288
=0.12192049

Bac Majestic's asset turnover of this year was 0.18013409. Bac Majestic's asset turnover of last year was 0.12192049. ==> 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+0+0+0+0+1+0+1
=4

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Bac Majestic (LTS:0QCU) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bac Majestic and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Bac Majestic's Piotroski F-Score has ranged from 4.00 to 7.00.
Is Bac Majestic's Piotroski F-Score too high?
Bac Majestic's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Bac Majestic's value of 4 is 20% below this industry median.
How does Bac Majestic's Piotroski F-Score compare to SBSAA and TMGI?
Bac Majestic's Piotroski F-Score of 4 can be compared against companies in the Media - Diversified industry. The industry median Piotroski F-Score is 5.00. Bac Majestic's value of 4 is 20% below this benchmark. Historically, Bac Majestic's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Bac Majestic has consistently been below 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,015 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. Bac Majestic's current Piotroski F-Score of 4 is 20% below 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 Bac Majestic and its competitors. For the Media - Diversified 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. Bac Majestic's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Media - Diversified industry median of 5.00. 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 Bac Majestic (LTS:0QCU), the current Piotroski F-Score is 4 as of Jun. 27, 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.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.