GURUFOCUS.COM » STOCK LIST » USA » NYSE » TotalEnergies SE (NYSE:TTE) » Definitions » Piotroski F-Score
Switch to:

TotalEnergies SE Piotroski F-Score

: 9 (As of Today)
View and export this data going back to 1991. Start your Free Trial

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

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

TTE' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of TotalEnergies SE was 9. The lowest was 2. And the median was 5.


TotalEnergies SE Piotroski F-Score Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Piotroski F-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 8.00 4.00 3.00 8.00

TotalEnergies SE Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only 6.00 7.00 8.00 9.00 9.00

Competitive Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.

   

TotalEnergies SE Piotroski F-Score Distribution

For the Oil & Gas industry and Energy sector, TotalEnergies SE's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where TotalEnergies SE'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 (Jun22) TTM:Last Year (Jun21) TTM:
Net Income was 4645 + 5837 + 4944 + 5692 = $21,118 Mil.
Cash Flow from Operations was 5640 + 11621 + 7617 + 16284 = $41,162 Mil.
Revenue was 49070 + 55298 + 63950 + 70445 = $238,763 Mil.
Gross Profit was 13535 + 15218 + 20623 + 21900 = $71,276 Mil.
Average Total Assets from the begining of this year (Jun21)
to the end of this year (Jun22) was
(272707 + 295680 + 293458 + 324579 + 333406) / 5 = $303966 Mil.
Total Assets at the begining of this year (Jun21) was $272,707 Mil.
Long-Term Debt & Capital Lease Obligation was $46,868 Mil.
Total Current Assets was $155,915 Mil.
Total Current Liabilities was $128,658 Mil.
Net Income was 202 + 891 + 3344 + 2206 = $6,643 Mil.

Revenue was 27217 + 32348 + 38633 + 41633 = $139,831 Mil.
Gross Profit was 6839 + 8297 + 11910 + 11793 = $38,839 Mil.
Average Total Assets from the begining of last year (Jun20)
to the end of last year (Jun21) was
(259405 + 256982 + 266132 + 269158 + 272707) / 5 = $264876.8 Mil.
Total Assets at the begining of last year (Jun20) was $259,405 Mil.
Long-Term Debt & Capital Lease Obligation was $52,331 Mil.
Total Current Assets was $87,442 Mil.
Total Current Liabilities was $75,183 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.

TotalEnergies SE's current Net Income (TTM) was 21,118. ==> 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.

TotalEnergies SE's current Cash Flow from Operations (TTM) was 41,162. ==> 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 (Jun21)
=21118/272707
=0.07743842

ROA (Last Year)=Net Income/Total Assets (Jun20)
=6643/259405
=0.0256086

TotalEnergies SE's return on assets of this year was 0.07743842. TotalEnergies SE's return on assets of last year was 0.0256086. ==> 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.

TotalEnergies SE's current Net Income (TTM) was 21,118. TotalEnergies SE's current Cash Flow from Operations (TTM) was 41,162. ==> 41,162 > 21,118 ==> 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: Jun22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Jun22
=46868/303966
=0.1541883

Gearing (Last Year: Jun21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun20 to Jun21
=52331/264876.8
=0.19756732

TotalEnergies SE's gearing of this year was 0.1541883. TotalEnergies SE's gearing of last year was 0.19756732. ==> 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: Jun22)=Total Current Assets/Total Current Liabilities
=155915/128658
=1.21185624

Current Ratio (Last Year: Jun21)=Total Current Assets/Total Current Liabilities
=87442/75183
=1.16305548

TotalEnergies SE's current ratio of this year was 1.21185624. TotalEnergies SE's current ratio of last year was 1.16305548. ==> 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.

TotalEnergies SE's number of shares in issue this year was 2611.009. TotalEnergies SE's number of shares in issue last year was 2757.5. ==> 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
=71276/238763
=0.29852197

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38839/139831
=0.27775672

TotalEnergies SE's gross margin of this year was 0.29852197. TotalEnergies SE's gross margin of last year was 0.27775672. ==> 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 (Jun21)
=238763/272707
=0.87552941

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun20)
=139831/259405
=0.53904512

TotalEnergies SE's asset turnover of this year was 0.87552941. TotalEnergies SE's asset turnover of last year was 0.53904512. ==> 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

TotalEnergies SE has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

TotalEnergies SE  (NYSE:TTE) 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.


TotalEnergies SE Piotroski F-Score Related Terms

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


TotalEnergies SE Business Description

TotalEnergies SE logo
Address
2 Place Jean Millier, Tour Coupole, Paris la Defense cedex, Courbevoie, FRA, 92400
TotalEnergies SE is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 1.5 million barrels of liquids and 7.2 billion cubic feet of natural gas per day. At year-end 2020, reserves stood at 12.3 billion barrels of oil equivalent, 43% of which are liquids. The company operates refineries with a capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek.

TotalEnergies SE Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)