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Balady Poultry Trading Co (SAU:9559) Piotroski F-Score : N/A (As of Apr. 14, 2025)


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What is Balady Poultry Trading 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

Balady Poultry Trading Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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


Balady Poultry Trading Co Piotroski F-Score Historical Data

The historical data trend for Balady Poultry Trading 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.

Balady Poultry Trading Co Piotroski F-Score Chart

Balady Poultry Trading Co Annual Data
Trend Dec22 Dec23
Piotroski F-Score
N/A N/A

Balady Poultry Trading Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Balady Poultry Trading Co's Piotroski F-Score

For the Farm Products subindustry, Balady Poultry Trading 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.


Balady Poultry Trading Co's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Balady Poultry Trading Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Balady Poultry Trading 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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 36.707 + 40.605 + 31.331 + 28.045 = ﷼136.7 Mil.
Cash Flow from Operations was 64.499 + 15.315 + -2.735 + 26.302 = ﷼103.4 Mil.
Revenue was 227.688 + 231.955 + 217.677 + 217.733 = ﷼895.1 Mil.
Gross Profit was 39.923 + 45.022 + 37.179 + 34.843 = ﷼157.0 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(226.522 + 256.14 + 299.962 + 316.383 + 330.82) / 5 = ﷼285.9654 Mil.
Total Assets at the begining of this year (Sep23) was ﷼226.5 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼4.0 Mil.
Total Current Assets was ﷼211.2 Mil.
Total Current Liabilities was ﷼29.6 Mil.
Net Income was 19.018 + 24.328 + 15.944 + 23.934 = ﷼83.2 Mil.

Revenue was 187.912 + 177.173 + 167.387 + 185.472 = ﷼717.9 Mil.
Gross Profit was 22.236 + 28.371 + 20.188 + 26.859 = ﷼97.7 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(0 + 186.477 + 207.198 + 214.71 + 226.522) / 5 = ﷼208.72675 Mil.
Total Assets at the begining of last year (Sep22) was ﷼0.0 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼9.2 Mil.
Total Current Assets was ﷼138.1 Mil.
Total Current Liabilities was ﷼26.3 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.

Balady Poultry Trading Co's current Net Income (TTM) was 136.7. ==> 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.

Balady Poultry Trading Co's current Cash Flow from Operations (TTM) was 103.4. ==> 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 (Sep23)
=136.688/226.522
=0.60342042

ROA (Last Year)=Net Income/Total Assets (Sep22)
=83.224/0
=

Balady Poultry Trading Co's return on assets of this year was 0.60342042. Balady Poultry Trading 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.

Balady Poultry Trading Co's current Net Income (TTM) was 136.7. Balady Poultry Trading Co's current Cash Flow from Operations (TTM) was 103.4. ==> 103.4 <= 136.7 ==> 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
=3.951/285.9654
=0.01381636

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=9.206/208.72675
=0.04410551

Balady Poultry Trading Co's gearing of this year was 0.01381636. Balady Poultry Trading Co's gearing of last year was 0.04410551. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=211.18/29.558
=7.14459706

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=138.146/26.344
=5.24392651

Balady Poultry Trading Co's current ratio of this year was 7.14459706. Balady Poultry Trading Co's current ratio of last year was 5.24392651. ==> 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.

Balady Poultry Trading Co's number of shares in issue this year was 6.57. Balady Poultry Trading Co's number of shares in issue last year was 6.57. ==> 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
=156.967/895.053
=0.17537174

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=97.654/717.944
=0.13601897

Balady Poultry Trading Co's gross margin of this year was 0.17537174. Balady Poultry Trading Co's gross margin of last year was 0.13601897. ==> 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 (Sep23)
=895.053/226.522
=3.95128508

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=717.944/0
=

Balady Poultry Trading Co's asset turnover of this year was 3.95128508. Balady Poultry Trading 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+1+1+0+1+1+1+1+1
=8

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

Balady Poultry Trading Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Balady Poultry Trading Co  (SAU:9559) 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.


Balady Poultry Trading Co Piotroski F-Score Related Terms

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Balady Poultry Trading Co Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Wadi bin Hashbal, P.O 51846, Khamis Mushayt, SAU, 61311
Balady Poultry Trading Co specializes in importing, buying, and selling Pullet, breeding, and feeding poultry and provides veterinary care. It also owns, operates, and manages poultry farms. The firm engages in the production of poultry products in the Kingdom of Saudi Arabia. It offers fresh and marinated whole chicken; and chicken parts, including gizzards, hearts, breasts, thighs, whole chicken feet, wings, chicken pieces, liver, feet, and legs.

Balady Poultry Trading Co Headlines

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