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Taageer Finance CoOC (MUS:TFCI) Piotroski F-Score : 7 (As of Jul. 06, 2025)


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What is Taageer Finance CoOC 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

Taageer Finance CoOC 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 Taageer Finance CoOC's Piotroski F-Score or its related term are showing as below:

MUS:TFCI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Taageer Finance CoOC was 7. The lowest was 2. And the median was 5.


Taageer Finance CoOC Piotroski F-Score Historical Data

The historical data trend for Taageer Finance CoOC'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.

Taageer Finance CoOC Piotroski F-Score Chart

Taageer Finance CoOC 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 2.00 7.00 4.00 6.00 6.00

Taageer Finance CoOC Quarterly Data
Dec18 Dec19 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 6.00 6.00 5.00 6.00 7.00

Competitive Comparison of Taageer Finance CoOC's Piotroski F-Score

For the Credit Services subindustry, Taageer Finance CoOC'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.


Taageer Finance CoOC's Piotroski F-Score Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Taageer Finance CoOC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Taageer Finance CoOC'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 1.17 + 1.323 + 2.07 + 1.34 = ر.ع5.90 Mil.
Cash Flow from Operations was 6.277 + -6.17 + -9.042 + -1.399 = ر.ع-10.33 Mil.
Revenue was 7.417 + 7.685 + 8.568 + 8.171 = ر.ع31.84 Mil.
Gross Profit was 3.03 + 3.346 + 8.118 + 3.573 = ر.ع18.07 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(246.864 + 255.595 + 276.243 + 291.312 + 301.837) / 5 = ر.ع274.3702 Mil.
Total Assets at the begining of this year (Mar24) was ر.ع246.86 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع61.82 Mil.
Total Current Assets was ر.ع80.28 Mil.
Total Current Liabilities was ر.ع132.82 Mil.
Net Income was 0.672 + 0.909 + 2.353 + 0.963 = ر.ع4.90 Mil.

Revenue was 6.256 + 6.531 + 7.722 + 6.944 = ر.ع27.45 Mil.
Gross Profit was 2.41 + 2.905 + 6.703 + 2.811 = ر.ع14.83 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(222.365 + 237.721 + 242.191 + 242.526 + 246.864) / 5 = ر.ع238.3334 Mil.
Total Assets at the begining of last year (Mar23) was ر.ع222.37 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع54.35 Mil.
Total Current Assets was ر.ع67.84 Mil.
Total Current Liabilities was ر.ع134.58 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.

Taageer Finance CoOC's current Net Income (TTM) was 5.90. ==> 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.

Taageer Finance CoOC's current Cash Flow from Operations (TTM) was -10.33. ==> Negative ==> Score 0.

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)
=5.903/246.864
=0.02391195

ROA (Last Year)=Net Income/Total Assets (Mar23)
=4.897/222.365
=0.02202235

Taageer Finance CoOC's return on assets of this year was 0.02391195. Taageer Finance CoOC's return on assets of last year was 0.02202235. ==> 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.

Taageer Finance CoOC's current Net Income (TTM) was 5.90. Taageer Finance CoOC's current Cash Flow from Operations (TTM) was -10.33. ==> -10.33 <= 5.90 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=61.821/274.3702
=0.22531966

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=54.352/238.3334
=0.22805029

Taageer Finance CoOC's gearing of this year was 0.22531966. Taageer Finance CoOC's gearing of last year was 0.22805029. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=80.281/132.819
=0.60443912

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=67.841/134.578
=0.50410171

Taageer Finance CoOC's current ratio of this year was 0.60443912. Taageer Finance CoOC's current ratio of last year was 0.50410171. ==> 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.

Taageer Finance CoOC's number of shares in issue this year was 279.223. Taageer Finance CoOC's number of shares in issue last year was 279.223. ==> 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
=18.067/31.841
=0.56741308

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14.829/27.453
=0.54015955

Taageer Finance CoOC's gross margin of this year was 0.56741308. Taageer Finance CoOC's gross margin of last year was 0.54015955. ==> 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 (Mar24)
=31.841/246.864
=0.12898195

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=27.453/222.365
=0.12345918

Taageer Finance CoOC's asset turnover of this year was 0.12898195. Taageer Finance CoOC's asset turnover of last year was 0.12345918. ==> 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+0+1+0+1+1+1+1+1
=7

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

Taageer Finance CoOC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Taageer Finance CoOC  (MUS:TFCI) 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.


Taageer Finance CoOC Piotroski F-Score Related Terms

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Taageer Finance CoOC Business Description

Traded in Other Exchanges
N/A
Address
Al Khuwair, Muscat, OMN, 136
Taageer Finance Co SAOC is a non-banking finance company operating in Oman. The company operates in two segments corporate and retail. The Company is engaged in the business of providing leasing, working capital finance, and bill discounting to retail, SME, and corporate customers in the Sultanate of Oman. The company generates the majority of its revenue from the corporate segment and carries out business within the Sultanate of Oman.

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