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Lumi Rental Co (SAU:4262) Piotroski F-Score : N/A (As of Mar. 05, 2025)


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What is Lumi Rental Co 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

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


Lumi Rental Co Piotroski F-Score Historical Data

The historical data trend for Lumi Rental 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.

Lumi Rental Co Piotroski F-Score Chart

Lumi Rental Co Annual Data
Trend Dec22 Dec23
Piotroski F-Score
N/A N/A

Lumi Rental Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Lumi Rental Co's Piotroski F-Score

For the Rental & Leasing Services subindustry, Lumi Rental 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.


Lumi Rental Co's Piotroski F-Score Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lumi Rental Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Lumi Rental Co'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 25.631 + 44.71 + 46.01 + 40.135 = ﷼156 Mil.
Cash Flow from Operations was -400.959 + -275.564 + -210.069 + 195.56 = ﷼-691 Mil.
Revenue was 314.16 + 384.044 + 360.477 + 403.12 = ﷼1,462 Mil.
Gross Profit was 112.909 + 113.474 + 95.275 + 116.247 = ﷼438 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(2560.456 + 3246.402 + 3447.818 + 3343.144 + 3328.5) / 5 = ﷼3185.264 Mil.
Total Assets at the begining of this year (Sep23) was ﷼2,560 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼1,171 Mil.
Total Current Assets was ﷼421 Mil.
Total Current Liabilities was ﷼974 Mil.
Net Income was 41.141 + 50.321 + 49.646 + 34.965 = ﷼176 Mil.

Revenue was 257.866 + 267.063 + 232.971 + 291.385 = ﷼1,049 Mil.
Gross Profit was 90.714 + 94.87 + 77.815 + 94.919 = ﷼358 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(0 + 1844.326 + 0 + 0 + 2560.456) / 5 = ﷼2202.391 Mil.
Total Assets at the begining of last year (Sep22) was ﷼0 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼673 Mil.
Total Current Assets was ﷼377 Mil.
Total Current Liabilities was ﷼876 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.

Lumi Rental Co's current Net Income (TTM) was 156. ==> 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.

Lumi Rental Co's current Cash Flow from Operations (TTM) was -691. ==> Negative ==> Score 0.

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 (Sep23)
=156.486/2560.456
=0.06111646

ROA (Last Year)=Net Income/Total Assets (Sep22)
=176.073/0
=

Lumi Rental Co's return on assets of this year was 0.06111646. Lumi Rental Co's return on assets of last year was . ==> 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.

Lumi Rental Co's current Net Income (TTM) was 156. Lumi Rental Co's current Cash Flow from Operations (TTM) was -691. ==> -691 <= 156 ==> CFROA <= ROA ==> Score 0.

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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=1170.534/3185.264
=0.36748414

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=673.155/2202.391
=0.30564736

Lumi Rental Co's gearing of this year was 0.36748414. Lumi Rental Co's gearing of last year was 0.30564736. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=420.934/974.442
=0.4319744

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=377.345/876.388
=0.43056842

Lumi Rental Co's current ratio of this year was 0.4319744. Lumi Rental Co's current ratio of last year was 0.43056842. ==> 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.

Lumi Rental Co's number of shares in issue this year was 55. Lumi Rental Co's number of shares in issue last year was 55. ==> 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
=437.905/1461.801
=0.2995654

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=358.318/1049.285
=0.34148778

Lumi Rental Co's gross margin of this year was 0.2995654. Lumi Rental Co's gross margin of last year was 0.34148778. ==> 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 (Sep23)
=1461.801/2560.456
=0.57091432

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=1049.285/0
=

Lumi Rental Co's asset turnover of this year was 0.57091432. Lumi Rental Co's asset turnover of last year was . ==> 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+0+1+0+0+1+1+0+1
=5

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

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

Lumi Rental Co  (SAU:4262) 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.


Lumi Rental Co Piotroski F-Score Related Terms

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Lumi Rental Co Business Description

Traded in Other Exchanges
N/A
Address
Imam Saud bin Abdulaziz bin, P.O. Box 6477, Muhammad Street, Al-Taawun District, Riyadh, SAU, 12476
Lumi Rental Co is a Car rental company that offers lease services to corporate and Government sector clients, provides rentals through a network of Thirty airport and city branches across the Kingdom and via digital channels, and sells used vehicles reaching the end of their useful life. The company has three reportable segments which are Leasing includes Providing vehicles on long-term leases to corporate and government customers. Rental includes Providing vehicles on daily, weekly, and monthly rentals to walking and corporate customers, and used car sale provides the sale of vehicles that have completed their economical life as per management policy.

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