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Saudi Arabian Mining Co (SAU:1211) Piotroski F-Score : 7 (As of Mar. 27, 2025)


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What is Saudi Arabian Mining Co Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, 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

Saudi Arabian Mining Co 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 Saudi Arabian Mining Co's Piotroski F-Score or its related term are showing as below:

SAU:1211' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Saudi Arabian Mining Co was 9. The lowest was 4. And the median was 6.


Saudi Arabian Mining Co Piotroski F-Score Historical Data

The historical data trend for Saudi Arabian Mining 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.

* Premium members only.

Saudi Arabian Mining Co Piotroski F-Score Chart

Saudi Arabian Mining Co 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 5.00 9.00 9.00 5.00 7.00

Saudi Arabian Mining Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 5.00 6.00 6.00 8.00 7.00

Competitive Comparison of Saudi Arabian Mining Co's Piotroski F-Score

For the Other Industrial Metals & Mining subindustry, Saudi Arabian Mining 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.


Saudi Arabian Mining Co's Piotroski F-Score Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Arabian Mining Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Mining Co'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 981.691 + 1024.015 + 971.482 + -105.644 = ﷼2,872 Mil.
Cash Flow from Operations was 2005.29 + 1782.453 + 2688.187 + 3842.693 = ﷼10,319 Mil.
Revenue was 7348.226 + 7183.84 + 8044.911 + 9969.18 = ﷼32,546 Mil.
Gross Profit was 2413.324 + 2187.65 + 2403.33 + 2239.855 = ﷼9,244 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(111873.624 + 112746.028 + 113255.993 + 115316.557 + 115089.37) / 5 = ﷼113656.3144 Mil.
Total Assets at the begining of this year (Dec23) was ﷼111,874 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼30,252 Mil.
Total Current Assets was ﷼28,966 Mil.
Total Current Liabilities was ﷼19,494 Mil.
Net Income was 419.419 + 350.942 + -83.436 + 890.402 = ﷼1,577 Mil.

Revenue was 8045.093 + 6966.27 + 6225.998 + 8034.567 = ﷼29,272 Mil.
Gross Profit was 1585.631 + 1615.854 + 928.985 + 2783.942 = ﷼6,914 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(111586.274 + 111314.469 + 108060.625 + 108374.575 + 111873.624) / 5 = ﷼110241.9134 Mil.
Total Assets at the begining of last year (Dec22) was ﷼111,586 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼34,614 Mil.
Total Current Assets was ﷼29,210 Mil.
Total Current Liabilities was ﷼14,723 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.

Saudi Arabian Mining Co's current Net Income (TTM) was 2,872. ==> 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.

Saudi Arabian Mining Co's current Cash Flow from Operations (TTM) was 10,319. ==> 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)
=2871.544/111873.624
=0.02566775

ROA (Last Year)=Net Income/Total Assets (Dec22)
=1577.327/111586.274
=0.01413549

Saudi Arabian Mining Co's return on assets of this year was 0.02566775. Saudi Arabian Mining Co's return on assets of last year was 0.01413549. ==> 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.

Saudi Arabian Mining Co's current Net Income (TTM) was 2,872. Saudi Arabian Mining Co's current Cash Flow from Operations (TTM) was 10,319. ==> 10,319 > 2,872 ==> 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
=30251.862/113656.3144
=0.26616966

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=34613.881/110241.9134
=0.31398113

Saudi Arabian Mining Co's gearing of this year was 0.26616966. Saudi Arabian Mining Co's gearing of last year was 0.31398113. ==> 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
=28965.546/19493.753
=1.48588863

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=29210.396/14722.72
=1.98403529

Saudi Arabian Mining Co's current ratio of this year was 1.48588863. Saudi Arabian Mining Co's current ratio of last year was 1.98403529. ==> 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.

Saudi Arabian Mining Co's number of shares in issue this year was 3693.009. Saudi Arabian Mining Co's number of shares in issue last year was 3690.986. ==> 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
=9244.159/32546.157
=0.28403227

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6914.412/29271.928
=0.23621307

Saudi Arabian Mining Co's gross margin of this year was 0.28403227. Saudi Arabian Mining Co's gross margin of last year was 0.23621307. ==> 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 (Dec23)
=32546.157/111873.624
=0.29091895

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=29271.928/111586.274
=0.26232553

Saudi Arabian Mining Co's asset turnover of this year was 0.29091895. Saudi Arabian Mining Co's asset turnover of last year was 0.26232553. ==> 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+0+0+1+1
=7

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

Saudi Arabian Mining Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Saudi Arabian Mining Co  (SAU:1211) 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.


Saudi Arabian Mining Co Piotroski F-Score Related Terms

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Saudi Arabian Mining Co Business Description

Traded in Other Exchanges
N/A
Address
Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537
Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include the mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & Base Metals and New Minerals, and All other. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

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