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RNSDF (Renault) Piotroski F-Score : 5 (As of Jul. 14, 2025)


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What is Renault 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

Renault has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Renault's Piotroski F-Score or its related term are showing as below:

RNSDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Renault was 8. The lowest was 3. And the median was 7.


Renault Piotroski F-Score Historical Data

The historical data trend for Renault'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.

Renault Piotroski F-Score Chart

Renault 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 4.00 7.00 6.00 7.00 5.00

Renault Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 7.00 - 5.00

Competitive Comparison of Renault's Piotroski F-Score

For the Auto Manufacturers subindustry, Renault'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.


Renault's Piotroski F-Score Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Renault'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was $787 Mil.
Cash Flow from Operations was $7,498 Mil.
Revenue was $58,882 Mil.
Gross Profit was $12,285 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (132947.655 + 135461.78) / 2 = $134204.7175 Mil.
Total Assets at the begining of this year (Dec23) was $132,948 Mil.
Long-Term Debt & Capital Lease Obligation was $7,123 Mil.
Total Current Assets was $94,715 Mil.
Total Current Liabilities was $90,627 Mil.
Net Income was $2,397 Mil.

Revenue was $57,117 Mil.
Gross Profit was $11,954 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (125309.322 + 132947.655) / 2 = $129128.4885 Mil.
Total Assets at the begining of last year (Dec22) was $125,309 Mil.
Long-Term Debt & Capital Lease Obligation was $9,226 Mil.
Total Current Assets was $94,147 Mil.
Total Current Liabilities was $84,987 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.

Renault's current Net Income (TTM) was 787. ==> 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.

Renault's current Cash Flow from Operations (TTM) was 7,498. ==> 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 (Dec23)
=787.435/132947.655
=0.00592289

ROA (Last Year)=Net Income/Total Assets (Dec22)
=2396.947/125309.322
=0.01912824

Renault's return on assets of this year was 0.00592289. Renault's return on assets of last year was 0.01912824. ==> Last year is higher ==> Score 0.

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.

Renault's current Net Income (TTM) was 787. Renault's current Cash Flow from Operations (TTM) was 7,498. ==> 7,498 > 787 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=7122.513/134204.7175
=0.053072

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=9225.736/129128.4885
=0.07144617

Renault's gearing of this year was 0.053072. Renault's gearing of last year was 0.07144617. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=94715.183/90627.225
=1.04510739

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=94147.219/84986.914
=1.10778489

Renault's current ratio of this year was 1.04510739. Renault's current ratio of last year was 1.10778489. ==> 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.

Renault's number of shares in issue this year was 276.883. Renault's number of shares in issue last year was 275.141. ==> 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
=12284.817/58881.675
=0.20863566

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11954.198/57116.685
=0.20929432

Renault's gross margin of this year was 0.20863566. Renault's gross margin of last year was 0.20929432. ==> 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 (Dec23)
=58881.675/132947.655
=0.44289367

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=57116.685/125309.322
=0.45580555

Renault's asset turnover of this year was 0.44289367. Renault's asset turnover of last year was 0.45580555. ==> 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+0+1+1+0+0+0+0
=4

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

Renault has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Renault  (OTCPK:RNSDF) 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.


Renault Piotroski F-Score Related Terms

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Renault Business Description

Address
122/122 bis avenue du General Leclerc, Boulogne, Billancourt, FRA, 92100
Renault manufactures and sells around 2.3 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the third-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.

Renault Headlines

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