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Genus Power Infrastructures (NSE:GENUSPOWER) Piotroski F-Score : 5 (As of Jun. 23, 2024)


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What is Genus Power Infrastructures 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

Genus Power Infrastructures 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 Genus Power Infrastructures's Piotroski F-Score or its related term are showing as below:

NSE:GENUSPOWER' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Genus Power Infrastructures was 8. The lowest was 3. And the median was 6.


Genus Power Infrastructures Piotroski F-Score Historical Data

The historical data trend for Genus Power Infrastructures'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.

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Genus Power Infrastructures Piotroski F-Score Chart

Genus Power Infrastructures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 5.00 6.00 5.00

Genus Power Infrastructures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 5.00

Competitive Comparison of Genus Power Infrastructures's Piotroski F-Score

For the Electrical Equipment & Parts subindustry, Genus Power Infrastructures'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.


Genus Power Infrastructures's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Genus Power Infrastructures's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Genus Power Infrastructures'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was ₹867 Mil.
Cash Flow from Operations was ₹-1,519 Mil.
Revenue was ₹12,006 Mil.
Gross Profit was ₹4,831 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was (16620.014 + 27668.884) / 2 = ₹22144.449 Mil.
Total Assets at the begining of this year (Mar23) was ₹16,620 Mil.
Long-Term Debt & Capital Lease Obligation was ₹784 Mil.
Total Current Assets was ₹22,410 Mil.
Total Current Liabilities was ₹9,883 Mil.
Net Income was ₹290 Mil.

Revenue was ₹8,084 Mil.
Gross Profit was ₹2,892 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was (15120.568 + 16620.014) / 2 = ₹15870.291 Mil.
Total Assets at the begining of last year (Mar22) was ₹15,121 Mil.
Long-Term Debt & Capital Lease Obligation was ₹19 Mil.
Total Current Assets was ₹12,922 Mil.
Total Current Liabilities was ₹5,760 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.

Genus Power Infrastructures's current Net Income (TTM) was 867. ==> 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.

Genus Power Infrastructures's current Cash Flow from Operations (TTM) was -1,519. ==> 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 (Mar23)
=866.65/16620.014
=0.05214496

ROA (Last Year)=Net Income/Total Assets (Mar22)
=289.743/15120.568
=0.01916218

Genus Power Infrastructures's return on assets of this year was 0.05214496. Genus Power Infrastructures's return on assets of last year was 0.01916218. ==> 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.

Genus Power Infrastructures's current Net Income (TTM) was 867. Genus Power Infrastructures's current Cash Flow from Operations (TTM) was -1,519. ==> -1,519 <= 867 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=783.56/22144.449
=0.03538404

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=18.637/15870.291
=0.00117433

Genus Power Infrastructures's gearing of this year was 0.03538404. Genus Power Infrastructures's gearing of last year was 0.00117433. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=22409.509/9882.989
=2.26748294

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=12921.799/5760.107
=2.24332621

Genus Power Infrastructures's current ratio of this year was 2.26748294. Genus Power Infrastructures's current ratio of last year was 2.24332621. ==> 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.

Genus Power Infrastructures's number of shares in issue this year was 241.407. Genus Power Infrastructures's number of shares in issue last year was 231.794. ==> 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
=4831.432/12005.825
=0.40242399

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2892.116/8083.855
=0.35776446

Genus Power Infrastructures's gross margin of this year was 0.40242399. Genus Power Infrastructures's gross margin of last year was 0.35776446. ==> 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 (Mar23)
=12005.825/16620.014
=0.72237153

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=8083.855/15120.568
=0.53462641

Genus Power Infrastructures's asset turnover of this year was 0.72237153. Genus Power Infrastructures's asset turnover of last year was 0.53462641. ==> 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+0+1+0+1+1
=5

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

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

Genus Power Infrastructures  (NSE:GENUSPOWER) 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.


Genus Power Infrastructures Piotroski F-Score Related Terms

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Genus Power Infrastructures (NSE:GENUSPOWER) Business Description

Traded in Other Exchanges
Address
Tonk Road, SPL-3, RIICO Industrial Area, Sitapura, Jaipur, RJ, IND, 302022
Genus Power Infrastructures Ltd is engaged in manufacturing/providing metering and metering solutions and undertaking engineering, construction, and contracts on a turnkey basis. It operates through the power segment. The company's metering solutions include a range of electricity meters, such as multi-functional single-phase and three-phase meters, current transformer (CT)-operated meters, availability-based tariff (ABT), and grid meters, distribution transformer (DT) meters, pre-payment meters, and smart meters, among others. The engineering construction and contracts business undertakes turnkey power projects, such as sub-station erection, laying up of transmission and distribution lines, rural electrification, switchyards, and network refurbishment.

Genus Power Infrastructures (NSE:GENUSPOWER) Headlines

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