Colonial Motor Co (NZSE:CMO) Piotroski F-Score: 5 (As of Jul. 01, 2026) — Near Median


NZSE:CMO Colonial Motor Co Ltd NZSE:CMO
64 GF Score
Price NZ$7.12
GF Value NZ$8.56
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Colonial Motor Co Piotroski F-Score?

Colonial Motor Co NZSE:CMO +0.28% 64 Piotroski F-Score is 5 as of Jul. 01, 2026, which is at its 10-year median of 5.00. GuruFocus rates NZSE:CMO with a GF Score™ of 64/100 and a GF Value™ of NZ$8.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,287 Vehicles & Parts companies, Colonial Motor Co ranks better than 52.21% on this metric.

The zones of discrimination were as such:

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

Colonial Motor Co 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 Colonial Motor Co's Piotroski F-Score or its related term are showing as below:

NZSE:CMO' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Colonial Motor Co was 8. The lowest was 1. And the median was 5.

Colonial Motor Co  (NZSE:CMO) 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.


Colonial Motor Co Piotroski F-Score Related Terms


Colonial Motor Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Colonial Motor Co'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.

Colonial Motor Co Piotroski F-Score Chart

Colonial Motor Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 1.00 5.00 5.00

Colonial Motor Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 5.00 0.00 5.00 0.00

NZSE:CMO vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Colonial Motor Co'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.


Colonial Motor Co Piotroski F-Score vs Vehicles & Parts Industry

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

* The bar in red indicates where Colonial Motor Co's Piotroski F-Score falls into.


NZSE:CMO
64GF Score
Colonial Motor Co Ltd NZSE:CMO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was NZ$18 Mil.
Cash Flow from Operations was NZ$45 Mil.
Revenue was NZ$999 Mil.
Gross Profit was NZ$191 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (1162.093 + 586.516) / 2 = NZ$874.3045 Mil.
Total Assets at the begining of this year (Jun24) was NZ$1,162 Mil.
Long-Term Debt & Capital Lease Obligation was NZ$68 Mil.
Total Current Assets was NZ$301 Mil.
Total Current Liabilities was NZ$200 Mil.
Net Income was NZ$5 Mil.

Revenue was NZ$1,011 Mil.
Gross Profit was NZ$189 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (1065.718 + 1162.093) / 2 = NZ$1113.9055 Mil.
Total Assets at the begining of last year (Jun23) was NZ$1,066 Mil.
Long-Term Debt & Capital Lease Obligation was NZ$40 Mil.
Total Current Assets was NZ$626 Mil.
Total Current Liabilities was NZ$312 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.

Colonial Motor Co's current Net Income (TTM) was 18. ==> 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.

Colonial Motor Co's current Cash Flow from Operations (TTM) was 45. ==> 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 (Jun24)
=18.343/1162.093
=0.01578445

ROA (Last Year)=Net Income/Total Assets (Jun23)
=4.535/1065.718
=0.00425535

Colonial Motor Co's return on assets of this year was 0.01578445. Colonial Motor Co's return on assets of last year was 0.00425535. ==> 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.

Colonial Motor Co's current Net Income (TTM) was 18. Colonial Motor Co's current Cash Flow from Operations (TTM) was 45. ==> 45 > 18 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=68.347/874.3045
=0.07817299

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=39.777/1113.9055
=0.03570949

Colonial Motor Co's gearing of this year was 0.07817299. Colonial Motor Co's gearing of last year was 0.03570949. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=300.709/199.721
=1.50564538

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=626.224/311.9
=2.00777172

Colonial Motor Co's current ratio of this year was 1.50564538. Colonial Motor Co's current ratio of last year was 2.00777172. ==> 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.

Colonial Motor Co's number of shares in issue this year was 32.695. Colonial Motor Co's number of shares in issue last year was 32.626. ==> 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
=190.868/999.037
=0.19105198

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=189.016/1010.911
=0.18697591

Colonial Motor Co's gross margin of this year was 0.19105198. Colonial Motor Co's gross margin of last year was 0.18697591. ==> 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 (Jun24)
=999.037/1162.093
=0.85968765

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=1010.911/1065.718
=0.9485727

Colonial Motor Co's asset turnover of this year was 0.85968765. Colonial Motor Co's asset turnover of last year was 0.9485727. ==> Last year's asset turnover is higher ==> Score 0.

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+0+0+0+1+0
=5

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Colonial Motor Co (NZSE:CMO) has a Piotroski F-Score of 5 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Colonial Motor Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Colonial Motor Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Colonial Motor Co ranks #615 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 47.8%.
Is Colonial Motor Co's Piotroski F-Score too high?
Colonial Motor Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Colonial Motor Co's value of 5 is 0% at this industry median. Based on the distribution chart, Colonial Motor Co ranks #615 out of 1287 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Colonial Motor Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Colonial Motor Co's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Colonial Motor Co ranks #615 out of 1287 companies for Piotroski F-Score. This puts Colonial Motor Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Colonial Motor Co's value of 5 is 0% at this benchmark. Historically, Colonial Motor Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Colonial Motor Co has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Colonial Motor Co's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Colonial Motor Co and its competitors. For the Vehicles & Parts industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Colonial Motor Co's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Colonial Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Colonial Motor Co (NZSE:CMO) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$8.56, compared to a current price of NZ$7.12 — trading 16.8% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Vehicles & Parts industry median of 5.00. Colonial Motor Co's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Colonial Motor Co (NZSE:CMO), the current Piotroski F-Score is 5 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Colonial Motor Co (NZSE:CMO) Overvalued in 2026?

Based on GuruFocus' analysis, Colonial Motor Co stock appears to be undervalued. The current stock price of NZ$7.12 is trading 16.8% below its estimated GF Value™ of NZ$8.56. GuruFocus considers Colonial Motor Co to be Modestly Undervalued.

Key valuation signals for NZSE:CMO:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: NZ$8.56 vs. price of NZ$7.12 (16.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 0% at the Vehicles & Parts median (#615 of 1287)

No single metric tells the full story. See the NZSE:CMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Colonial Motor Co Business Description

Address 57 Courtenay Place, Level 6, PO Box 6159, Wellington, NZL, 6141
Colonial Motor Co Ltd is a New Zealand-based company engaged in the principal activity of operating franchised motor vehicle dealerships. It owns motor vehicle dealerships throughout the country and has dealerships selling heavy trucks and tractors. The company has many dealerships and has a primary focus on Ford. Also, the company provides administrative and financial services to the subsidiaries as well as leasing them at market rates for many of the properties. Substantial revenue is generated from the sale of goods.
64GF Score

Get the complete analysis for NZSE:CMO

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$7.12
Price
NZ$8.56
GF Value