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Grupo ProfuturoB de CV (MEX:GPROFUT) Piotroski F-Score : 7 (As of Apr. 17, 2025)


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What is Grupo ProfuturoB de CV Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Grupo ProfuturoB de CV has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Grupo ProfuturoB de CV's Piotroski F-Score or its related term are showing as below:

MEX:GPROFUT' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Grupo ProfuturoB de CV was 8. The lowest was 4. And the median was 6.


Grupo ProfuturoB de CV Piotroski F-Score Historical Data

The historical data trend for Grupo ProfuturoB 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.

* Premium members only.

Grupo ProfuturoB de CV Piotroski F-Score Chart

Grupo ProfuturoB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 5.00 5.00 7.00

Grupo ProfuturoB de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.00 7.00 8.00 7.00 7.00

Competitive Comparison of Grupo ProfuturoB de CV's Piotroski F-Score

For the Insurance Brokers subindustry, Grupo ProfuturoB 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.


Grupo ProfuturoB de CV's Piotroski F-Score Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Grupo ProfuturoB de CV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Grupo ProfuturoB de CV'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 687.621 + 723.808 + 1073.231 + 894.712 = MXN3,379 Mil.
Cash Flow from Operations was 613.229 + 665.66 + 454.603 + 732.872 = MXN2,466 Mil.
Revenue was 7563.511 + 5261.697 + 8578.86 + 5673.444 = MXN27,078 Mil.
Gross Profit was 6026.33 + 3691.921 + 6871.681 + 4048.941 = MXN20,639 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(124042.435 + 129176.325 + 129325.452 + 135895.496 + 138151.903) / 5 = MXN131318.3222 Mil.
Total Assets at the begining of this year (Dec23) was MXN124,042 Mil.
Long-Term Debt & Capital Lease Obligation was MXN4,999 Mil.
Total Current Assets was MXN30,278 Mil.
Total Current Liabilities was MXN924 Mil.
Net Income was 477.759 + 553.235 + 593.86 + 1022.96 = MXN2,648 Mil.

Revenue was 6742.765 + 4063.006 + 6300.121 + 5046.114 = MXN22,152 Mil.
Gross Profit was 5411.523 + 2659.512 + 4803.001 + 3611.503 = MXN16,486 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(113748.12 + 118328.2 + 119660.779 + 121610.669 + 124042.435) / 5 = MXN119478.0406 Mil.
Total Assets at the begining of last year (Dec22) was MXN113,748 Mil.
Long-Term Debt & Capital Lease Obligation was MXN2,006 Mil.
Total Current Assets was MXN7,179 Mil.
Total Current Liabilities was MXN781 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.

Grupo ProfuturoB de CV's current Net Income (TTM) was 3,379. ==> 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.

Grupo ProfuturoB de CV's current Cash Flow from Operations (TTM) was 2,466. ==> 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 (Dec23)
=3379.372/124042.435
=0.02724368

ROA (Last Year)=Net Income/Total Assets (Dec22)
=2647.814/113748.12
=0.02327787

Grupo ProfuturoB de CV's return on assets of this year was 0.02724368. Grupo ProfuturoB de CV's return on assets of last year was 0.02327787. ==> 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.

Grupo ProfuturoB de CV's current Net Income (TTM) was 3,379. Grupo ProfuturoB de CV's current Cash Flow from Operations (TTM) was 2,466. ==> 2,466 <= 3,379 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4998.971/131318.3222
=0.03806758

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2006.457/119478.0406
=0.01679352

Grupo ProfuturoB de CV's gearing of this year was 0.03806758. Grupo ProfuturoB de CV's gearing of last year was 0.01679352. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=30277.709/923.609
=32.78195535

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=7178.644/780.521
=9.19724645

Grupo ProfuturoB de CV's current ratio of this year was 32.78195535. Grupo ProfuturoB de CV's current ratio of last year was 9.19724645. ==> 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.

Grupo ProfuturoB de CV's number of shares in issue this year was 281.614. Grupo ProfuturoB de CV's number of shares in issue last year was 364.379. ==> 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
=20638.873/27077.512
=0.76221453

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=16485.539/22152.006
=0.74420073

Grupo ProfuturoB de CV's gross margin of this year was 0.76221453. Grupo ProfuturoB de CV's gross margin of last year was 0.74420073. ==> 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 (Dec23)
=27077.512/124042.435
=0.21829233

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=22152.006/113748.12
=0.19474613

Grupo ProfuturoB de CV's asset turnover of this year was 0.21829233. Grupo ProfuturoB de CV's asset turnover of last year was 0.19474613. ==> 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+0+0+1+1+1+1
=7

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

Grupo ProfuturoB de CV has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Grupo ProfuturoB de CV  (MEX:GPROFUT) 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.


Grupo ProfuturoB de CV Piotroski F-Score Related Terms

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Grupo ProfuturoB de CV Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Adolfo Lopez Mateos Numero 2009, 6 Piso, Col Los Alpes, Mexico City, DF, MEX, 01010
Grupo Profuturo SAB de CV is engaged in the financial sector in Mexico. The company offers counselling services for life plan, savings, and asset-building purposes.

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