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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (MEX:IDEALB-1) Piotroski F-Score : 9 (As of Jun. 29, 2025)


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What is Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Piotroski F-Score?

Good Sign:

Piotroski F-Score is 9, 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

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Piotroski F-Score or its related term are showing as below:

MEX:IDEALB-1' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Impulsora del Desarrollo Y El Empleo En America LatinaB de CV was 9. The lowest was 3. And the median was 6.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Piotroski F-Score Historical Data

The historical data trend for Impulsora del Desarrollo Y El Empleo En America LatinaB 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Piotroski F-Score Chart

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV 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 7.00 7.00 7.00

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV 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 N/A 7.00 7.00 8.00 9.00

Competitive Comparison of Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Piotroski F-Score

For the Infrastructure Operations subindustry, Impulsora del Desarrollo Y El Empleo En America LatinaB 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.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Impulsora del Desarrollo Y El Empleo En America LatinaB 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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 1146.009 + 2319.625 + 2138.899 + 2551.463 = MXN8,156 Mil.
Cash Flow from Operations was 2895.612 + 3420.445 + 1842.881 + 2799.075 = MXN10,958 Mil.
Revenue was 6647.074 + 6449.349 + 7321.918 + 6974.531 = MXN27,393 Mil.
Gross Profit was 1106.683 + 6270.75 + 7148.972 + 6766.772 = MXN21,293 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(129749.404 + 127181.556 + 131870.715 + 133906.566 + 134430.181) / 5 = MXN131427.6844 Mil.
Total Assets at the begining of this year (Sep23) was MXN129,749 Mil.
Long-Term Debt & Capital Lease Obligation was MXN45,194 Mil.
Total Current Assets was MXN20,912 Mil.
Total Current Liabilities was MXN18,551 Mil.
Net Income was 1489.352 + 1693.016 + 1635.823 + 2348.894 = MXN7,167 Mil.

Revenue was 5631.598 + 6510.852 + 6473.757 + 7211.999 = MXN25,828 Mil.
Gross Profit was 218.859 + 6347.145 + 6272.363 + 7023.523 = MXN19,862 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(123290.715 + 120151.629 + 122988.734 + 124575.328 + 129749.404) / 5 = MXN124151.162 Mil.
Total Assets at the begining of last year (Sep22) was MXN123,291 Mil.
Long-Term Debt & Capital Lease Obligation was MXN44,148 Mil.
Total Current Assets was MXN18,976 Mil.
Total Current Liabilities was MXN18,009 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current Net Income (TTM) was 8,156. ==> 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current Cash Flow from Operations (TTM) was 10,958. ==> 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)
=8155.996/129749.404
=0.0628596

ROA (Last Year)=Net Income/Total Assets (Sep22)
=7167.085/123290.715
=0.05813159

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's return on assets of this year was 0.0628596. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's return on assets of last year was 0.05813159. ==> 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current Net Income (TTM) was 8,156. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current Cash Flow from Operations (TTM) was 10,958. ==> 10,958 > 8,156 ==> 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
=45194.13/131427.6844
=0.3438707

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=44147.586/124151.162
=0.35559543

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's gearing of this year was 0.3438707. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's gearing of last year was 0.35559543. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=20912.089/18550.753
=1.12729057

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=18976.335/18009.491
=1.05368525

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current ratio of this year was 1.12729057. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's current ratio of last year was 1.05368525. ==> 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's number of shares in issue this year was 2858.655. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's number of shares in issue last year was 2858.919. ==> 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
=21293.177/27392.872
=0.77732547

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=19861.89/25828.206
=0.76899998

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's gross margin of this year was 0.77732547. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's gross margin of last year was 0.76899998. ==> 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 (Sep23)
=27392.872/129749.404
=0.21112137

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=25828.206/123290.715
=0.20949028

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's asset turnover of this year was 0.21112137. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's asset turnover of last year was 0.20949028. ==> 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+1+1+1+1+1+1
=9

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

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV  (MEX:IDEALB-1) 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.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Piotroski F-Score Related Terms

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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Lago Zurich 245, Edificio Presa Falcon, 17th floor, Ampliacion Granada, Mexico, DF, MEX, 11529
Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV, or IDEAL, is a Mexican construction and engineering company. The company operates through five main reporting lines: toll roads, service, sale of electricity, prison services, and other. Toll roads, which generates the vast majority of revenue, constructs, operates, and maintains domestic toll roads. Prison services, the next most significant segment, generates income from the operation and maintenance of rehabilitation centres within Mexico.

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