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Distribuidora Internacional De Alimentacion (Distribuidora Internacional De Alimentacion) Piotroski F-Score : 5 (As of Apr. 26, 2024)


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What is Distribuidora Internacional De Alimentacion 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

Distribuidora Internacional De Alimentacion 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 Distribuidora Internacional De Alimentacion's Piotroski F-Score or its related term are showing as below:

DIDAY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Distribuidora Internacional De Alimentacion was 9. The lowest was 3. And the median was 5.


Distribuidora Internacional De Alimentacion Piotroski F-Score Historical Data

The historical data trend for Distribuidora Internacional De Alimentacion'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.

Distribuidora Internacional De Alimentacion Piotroski F-Score Chart

Distribuidora Internacional De Alimentacion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 5.00 6.00 5.00

Distribuidora Internacional De Alimentacion Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.00 5.00 6.00 4.00 5.00

Competitive Comparison of Distribuidora Internacional De Alimentacion's Piotroski F-Score

For the Discount Stores subindustry, Distribuidora Internacional De Alimentacion'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.


Distribuidora Internacional De Alimentacion's Piotroski F-Score Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Distribuidora Internacional De Alimentacion's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Distribuidora Internacional De Alimentacion'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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was $-33 Mil.
Cash Flow from Operations was $394 Mil.
Revenue was $6,242 Mil.
Gross Profit was $1,546 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was (3306.081 + 2865.142) / 2 = $3085.6115 Mil.
Total Assets at the begining of this year (Dec22) was $3,306 Mil.
Long-Term Debt & Capital Lease Obligation was $810 Mil.
Total Current Assets was $1,254 Mil.
Total Current Liabilities was $1,981 Mil.
Net Income was $-131 Mil.

Revenue was $6,295 Mil.
Gross Profit was $1,622 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (3469.855 + 3306.081) / 2 = $3387.968 Mil.
Total Assets at the begining of last year (Dec21) was $3,470 Mil.
Long-Term Debt & Capital Lease Obligation was $1,069 Mil.
Total Current Assets was $1,290 Mil.
Total Current Liabilities was $2,086 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.

Distribuidora Internacional De Alimentacion's current Net Income (TTM) was -33. ==> Negative ==> Score 0.

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.

Distribuidora Internacional De Alimentacion's current Cash Flow from Operations (TTM) was 394. ==> 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 (Dec22)
=-32.979/3306.081
=-0.00997525

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-131.195/3469.855
=-0.03780994

Distribuidora Internacional De Alimentacion's return on assets of this year was -0.00997525. Distribuidora Internacional De Alimentacion's return on assets of last year was -0.03780994. ==> 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.

Distribuidora Internacional De Alimentacion's current Net Income (TTM) was -33. Distribuidora Internacional De Alimentacion's current Cash Flow from Operations (TTM) was 394. ==> 394 > -33 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=810.227/3085.6115
=0.26258231

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=1069.432/3387.968
=0.31565587

Distribuidora Internacional De Alimentacion's gearing of this year was 0.26258231. Distribuidora Internacional De Alimentacion's gearing of last year was 0.31565587. ==> 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: Dec23)=Total Current Assets/Total Current Liabilities
=1254.173/1980.889
=0.63313644

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=1290.015/2085.669
=0.61851377

Distribuidora Internacional De Alimentacion's current ratio of this year was 0.63313644. Distribuidora Internacional De Alimentacion's current ratio of last year was 0.61851377. ==> 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.

Distribuidora Internacional De Alimentacion's number of shares in issue this year was 0. Distribuidora Internacional De Alimentacion's number of shares in issue last year was 0. ==> 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
=1545.775/6242.495
=0.24762134

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1621.78/6294.915
=0.25763334

Distribuidora Internacional De Alimentacion's gross margin of this year was 0.24762134. Distribuidora Internacional De Alimentacion's gross margin of last year was 0.25763334. ==> 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 (Dec22)
=6242.495/3306.081
=1.88818574

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=6294.915/3469.855
=1.81417235

Distribuidora Internacional De Alimentacion's asset turnover of this year was 1.88818574. Distribuidora Internacional De Alimentacion's asset turnover of last year was 1.81417235. ==> 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
=0+1+1+1+1+1+1+0+1
=7

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

Distribuidora Internacional De Alimentacion has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Distribuidora Internacional De Alimentacion  (OTCPK:DIDAY) 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.


Distribuidora Internacional De Alimentacion Piotroski F-Score Related Terms

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Distribuidora Internacional De Alimentacion (Distribuidora Internacional De Alimentacion) Business Description

Traded in Other Exchanges
Address
C/ Jacinto Benavente 2A, Edificio Tripark, Parque Empresarial, Las Rozas de Madrid, Madrid, ESP, 28232
Distribuidora Internacional De Alimentacion SA is a Spain-based company that operates discount food retail stores. In addition to food, the company also offers personal care and hygiene products, cosmetics, baby-related products, and others. The company conducts business through self-owned stores and franchise stores. It operates stores in Spain, Portugal, Brazil, and Argentina.

Distribuidora Internacional De Alimentacion (Distribuidora Internacional De Alimentacion) Headlines