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Power and Water Utility Company for Jubail and Yanbu (SAU:2083) Piotroski F-Score : 5 (As of Apr. 06, 2025)


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What is Power and Water Utility Company for Jubail and Yanbu 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

Power and Water Utility Company for Jubail and Yanbu 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 Power and Water Utility Company for Jubail and Yanbu's Piotroski F-Score or its related term are showing as below:

SAU:2083' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 5
Current: 5

During the past 4 years, the highest Piotroski F-Score of Power and Water Utility Company for Jubail and Yanbu was 5. The lowest was 5. And the median was 5.


Power and Water Utility Company for Jubail and Yanbu Piotroski F-Score Historical Data

The historical data trend for Power and Water Utility Company for Jubail and Yanbu'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.

Power and Water Utility Company for Jubail and Yanbu Piotroski F-Score Chart

Power and Water Utility Company for Jubail and Yanbu Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
N/A N/A 5.00 5.00

Power and Water Utility Company for Jubail and Yanbu Quarterly Data
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 5.00 N/A N/A N/A 5.00

Competitive Comparison of Power and Water Utility Company for Jubail and Yanbu's Piotroski F-Score

For the Utilities - Diversified subindustry, Power and Water Utility Company for Jubail and Yanbu'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.


Power and Water Utility Company for Jubail and Yanbu's Piotroski F-Score Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power and Water Utility Company for Jubail and Yanbu's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Power and Water Utility Company for Jubail and Yanbu'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 42.79 + 65.343 + 185.982 + -276.963 = ﷼17 Mil.
Cash Flow from Operations was 249.695 + 418.069 + 265.261 + 1447.821 = ﷼2,381 Mil.
Revenue was 1599.216 + 1720.089 + 1856.806 + 1707.099 = ﷼6,883 Mil.
Gross Profit was 199.339 + 237.728 + 304.083 + 781.489 = ﷼1,523 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(24026.706 + 22775.21 + 22659.751 + 22949.422 + 22993.325) / 5 = ﷼23080.8828 Mil.
Total Assets at the begining of this year (Dec23) was ﷼24,027 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼12,838 Mil.
Total Current Assets was ﷼2,962 Mil.
Total Current Liabilities was ﷼3,401 Mil.
Net Income was 106.717 + 159.388 + 188.052 + 132.845 = ﷼587 Mil.

Revenue was 1473.173 + 1591.798 + 1701.048 + 1617.315 = ﷼6,383 Mil.
Gross Profit was 255.815 + 305.195 + 325.626 + 825.506 = ﷼1,712 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(25579.671 + 23798.212 + 23245.68 + 23120.836 + 24026.706) / 5 = ﷼23954.221 Mil.
Total Assets at the begining of last year (Dec22) was ﷼25,580 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼14,045 Mil.
Total Current Assets was ﷼3,042 Mil.
Total Current Liabilities was ﷼3,019 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.

Power and Water Utility Company for Jubail and Yanbu's current Net Income (TTM) was 17. ==> 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.

Power and Water Utility Company for Jubail and Yanbu's current Cash Flow from Operations (TTM) was 2,381. ==> 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)
=17.152/24026.706
=0.00071387

ROA (Last Year)=Net Income/Total Assets (Dec22)
=587.002/25579.671
=0.02294799

Power and Water Utility Company for Jubail and Yanbu's return on assets of this year was 0.00071387. Power and Water Utility Company for Jubail and Yanbu's return on assets of last year was 0.02294799. ==> 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.

Power and Water Utility Company for Jubail and Yanbu's current Net Income (TTM) was 17. Power and Water Utility Company for Jubail and Yanbu's current Cash Flow from Operations (TTM) was 2,381. ==> 2,381 > 17 ==> 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
=12838.277/23080.8828
=0.55622989

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=14045.266/23954.221
=0.58633783

Power and Water Utility Company for Jubail and Yanbu's gearing of this year was 0.55622989. Power and Water Utility Company for Jubail and Yanbu's gearing of last year was 0.58633783. ==> 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
=2962.176/3401.45
=0.87085684

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=3042.462/3019.071
=1.00774775

Power and Water Utility Company for Jubail and Yanbu's current ratio of this year was 0.87085684. Power and Water Utility Company for Jubail and Yanbu's current ratio of last year was 1.00774775. ==> 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.

Power and Water Utility Company for Jubail and Yanbu's number of shares in issue this year was 252.25. Power and Water Utility Company for Jubail and Yanbu's number of shares in issue last year was 251.39. ==> 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
=1522.639/6883.21
=0.2212106

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1712.142/6383.334
=0.26822065

Power and Water Utility Company for Jubail and Yanbu's gross margin of this year was 0.2212106. Power and Water Utility Company for Jubail and Yanbu's gross margin of last year was 0.26822065. ==> 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)
=6883.21/24026.706
=0.28648163

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=6383.334/25579.671
=0.24954715

Power and Water Utility Company for Jubail and Yanbu's asset turnover of this year was 0.28648163. Power and Water Utility Company for Jubail and Yanbu's asset turnover of last year was 0.24954715. ==> 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+0+1+1+0+0+0+1
=5

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

Power and Water Utility Company for Jubail and Yanbu has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Power and Water Utility Company for Jubail and Yanbu  (SAU:2083) 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.


Power and Water Utility Company for Jubail and Yanbu Piotroski F-Score Related Terms

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Power and Water Utility Company for Jubail and Yanbu Business Description

Traded in Other Exchanges
N/A
Address
Road 100, Support Industrial Zone, Jubail Industrial City, SAU, 35717
Power and Water Utility Company for Jubail and Yanbu engages in providing integrated utility services to all sectors in the Industrial Cities of the Kingdom of Saudi Arabia. The company's principal activities are water supply, sewage activities, waste management and treatment, electricity, gas, steam and air conditioning supply, process industry, and construction. The company's operating segment includes Power, Water, Gas, and Independent Water and Power. The majority of revenue is generated from the Water segment which includes desalinated and treated water systems, potable, process, and industrial water production, distribution, seawater cooling systems for heavy industries, and industrial and sanitary wastewater treatment and disposal.

Power and Water Utility Company for Jubail and Yanbu Headlines

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