GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Renault SA (MEX:RNO N) » Definitions » Piotroski F-Score

Renault (MEX:RNO N) Piotroski F-Score : 5 (As of Jul. 20, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Renault 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

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

MEX:RNO N' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Renault was 8. The lowest was 3. And the median was 7.


Renault Piotroski F-Score Historical Data

The historical data trend for Renault'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.

Renault Piotroski F-Score Chart

Renault 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 4.00 7.00 6.00 7.00 5.00

Renault Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 6.00 - 7.00 - 5.00

Competitive Comparison of Renault's Piotroski F-Score

For the Auto Manufacturers subindustry, Renault'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.


Renault's Piotroski F-Score Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Renault's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Renault'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was MXN16,422 Mil.
Cash Flow from Operations was MXN156,385 Mil.
Revenue was MXN1,228,019 Mil.
Gross Profit was MXN256,208 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (2256686.474 + 2825150.247) / 2 = MXN2540918.3605 Mil.
Total Assets at the begining of this year (Dec23) was MXN2,256,686 Mil.
Long-Term Debt & Capital Lease Obligation was MXN148,545 Mil.
Total Current Assets was MXN1,975,351 Mil.
Total Current Liabilities was MXN1,890,094 Mil.
Net Income was MXN40,686 Mil.

Revenue was MXN969,513 Mil.
Gross Profit was MXN202,914 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (2443030.542 + 2256686.474) / 2 = MXN2349858.508 Mil.
Total Assets at the begining of last year (Dec22) was MXN2,443,031 Mil.
Long-Term Debt & Capital Lease Obligation was MXN156,600 Mil.
Total Current Assets was MXN1,598,078 Mil.
Total Current Liabilities was MXN1,442,589 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.

Renault's current Net Income (TTM) was 16,422. ==> 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.

Renault's current Cash Flow from Operations (TTM) was 156,385. ==> 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)
=16422.499/2256686.474
=0.00727726

ROA (Last Year)=Net Income/Total Assets (Dec22)
=40686.365/2443030.542
=0.01665405

Renault's return on assets of this year was 0.00727726. Renault's return on assets of last year was 0.01665405. ==> 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.

Renault's current Net Income (TTM) was 16,422. Renault's current Cash Flow from Operations (TTM) was 156,385. ==> 156,385 > 16,422 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=148544.996/2540918.3605
=0.05846114

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=156599.932/2349858.508
=0.06664228

Renault's gearing of this year was 0.05846114. Renault's gearing of last year was 0.06664228. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=1975351.447/1890094.219
=1.0451074

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1598078.247/1442588.952
=1.10778489

Renault's current ratio of this year was 1.0451074. Renault's current ratio of last year was 1.10778489. ==> 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.

Renault's number of shares in issue this year was 276.883. Renault's number of shares in issue last year was 275.141. ==> 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
=256208.453/1228018.557
=0.20863565

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=202913.53/969512.773
=0.20929433

Renault's gross margin of this year was 0.20863565. Renault's gross margin of last year was 0.20929433. ==> 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 (Dec23)
=1228018.557/2256686.474
=0.54416888

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=969512.773/2443030.542
=0.3968484

Renault's asset turnover of this year was 0.54416888. Renault's asset turnover of last year was 0.3968484. ==> 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+1+0+0+0+1
=5

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

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

Renault  (MEX:RNO 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.


Renault Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Renault's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Renault Business Description

Address
122/122 bis avenue du General Leclerc, Boulogne, Billancourt, FRA, 92100
Renault manufactures and sells around 2.3 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the third-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.

Renault Headlines

No Headlines