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Infineon Technologies AG (MEX:IFX N) Piotroski F-Score : 4 (As of Jul. 03, 2025)


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What is Infineon Technologies 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

Infineon Technologies AG has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Infineon Technologies AG's Piotroski F-Score or its related term are showing as below:

MEX:IFX N' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Infineon Technologies AG was 9. The lowest was 3. And the median was 6.


Infineon Technologies AG Piotroski F-Score Historical Data

The historical data trend for Infineon Technologies 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.

Infineon Technologies AG Piotroski F-Score Chart

Infineon Technologies AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 8.00 7.00 6.00

Infineon Technologies AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.00 5.00 6.00 6.00 4.00

Competitive Comparison of Infineon Technologies AG's Piotroski F-Score

For the Semiconductors subindustry, Infineon Technologies 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.


Infineon Technologies AG's Piotroski F-Score Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Infineon Technologies AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Infineon Technologies AG'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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 7947.257 + -1813.868 + 5372.254 + 5131.138 = MXN16,637 Mil.
Cash Flow from Operations was 21475.341 + 23886.235 + 11770.913 + 14132.746 = MXN71,265 Mil.
Revenue was 73004.329 + 85645.156 + 74774.782 + 79399.933 = MXN312,824 Mil.
Gross Profit was 29383.158 + 34441.635 + 29329.011 + 30764.709 = MXN123,919 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(524838.525 + 579262.331 + 625871.811 + 649256.504 + 640065.198) / 5 = MXN603858.8738 Mil.
Total Assets at the begining of this year (Mar24) was MXN524,839 Mil.
Long-Term Debt & Capital Lease Obligation was MXN119,697 Mil.
Total Current Assets was MXN212,389 Mil.
Total Current Liabilities was MXN106,582 Mil.
Net Income was 15435.082 + 13998.324 + 10865.74 + 7107.527 = MXN47,407 Mil.

Revenue was 75949.52 + 77130.207 + 68526.353 + 65519.128 = MXN287,125 Mil.
Gross Profit was 33823.447 + 33592.259 + 30412.966 + 26084.983 = MXN123,914 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(510161.536 + 497191.674 + 528683.044 + 525202.114 + 524838.525) / 5 = MXN517215.3786 Mil.
Total Assets at the begining of last year (Mar23) was MXN510,162 Mil.
Long-Term Debt & Capital Lease Obligation was MXN84,244 Mil.
Total Current Assets was MXN184,868 Mil.
Total Current Liabilities was MXN102,861 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.

Infineon Technologies AG's current Net Income (TTM) was 16,637. ==> 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.

Infineon Technologies AG's current Cash Flow from Operations (TTM) was 71,265. ==> 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 (Mar24)
=16636.781/524838.525
=0.03169886

ROA (Last Year)=Net Income/Total Assets (Mar23)
=47406.673/510161.536
=0.09292483

Infineon Technologies AG's return on assets of this year was 0.03169886. Infineon Technologies AG's return on assets of last year was 0.09292483. ==> 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.

Infineon Technologies AG's current Net Income (TTM) was 16,637. Infineon Technologies AG's current Cash Flow from Operations (TTM) was 71,265. ==> 71,265 > 16,637 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=119697.058/603858.8738
=0.19822025

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=84244.034/517215.3786
=0.16287999

Infineon Technologies AG's gearing of this year was 0.19822025. Infineon Technologies AG's gearing of last year was 0.16287999. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=212389.291/106581.693
=1.99273707

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=184867.849/102860.702
=1.79726412

Infineon Technologies AG's current ratio of this year was 1.99273707. Infineon Technologies AG's current ratio of last year was 1.79726412. ==> 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.

Infineon Technologies AG's number of shares in issue this year was 1356.556. Infineon Technologies AG's number of shares in issue last year was 1347.351. ==> 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
=123918.513/312824.2
=0.39612828

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=123913.655/287125.208
=0.43156662

Infineon Technologies AG's gross margin of this year was 0.39612828. Infineon Technologies AG's gross margin of last year was 0.43156662. ==> 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 (Mar24)
=312824.2/524838.525
=0.59603894

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=287125.208/510161.536
=0.56281234

Infineon Technologies AG's asset turnover of this year was 0.59603894. Infineon Technologies AG's asset turnover of last year was 0.56281234. ==> 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+1+0+1+0+0+1
=5

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

Infineon Technologies AG has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Infineon Technologies AG  (MEX:IFX N) 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.


Infineon Technologies AG Piotroski F-Score Related Terms

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Infineon Technologies AG Business Description

Address
Am Campeon 1-15, Neubiberg, Munich, DEU, 85579
Infineon Technologies headquartered in Munich, was spun off from German industrial conglomerate Siemens in 2000 and today is one of Europe's largest chipmakers. The company is a leader in the automotive semiconductor market with prominent products used in active safety and powertrain content within vehicles. Infineon is also the market leader in power semiconductors used to deliver voltage within a wide variety of electrical systems. The company operates in four segments: automotive, or ATV, green industrial power, or GIP, power and sensor systems, or PSS, and connected secure systems, or CSS.

Infineon Technologies AG Headlines

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