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Cox Energy AmericaB de CVXMAD:COXE -1.14%30 Piotroski F-Score is 5 as of Jul. 23, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates XMAD:COXE with a GF Score™ of 30/100. The stock has 9 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, Cox Energy AmericaB de CV ranks better than 61.43% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Cox Energy AmericaB de CV 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 Cox Energy AmericaB de CV's Piotroski F-Score or its related term are showing as below:
XMAD:COXE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 6
Current: 5
During the past 6 years, the highest Piotroski F-Score of Cox Energy AmericaB de CV was 6. The lowest was 4. And the median was 6.
Cox Energy AmericaB de CV (XMAD:COXE) 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.
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.
Cox Energy AmericaB de CV Piotroski F-Score Related Terms
Cox Energy AmericaB de CV Piotroski F-Score Historical Data
* 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.
Cox Energy AmericaB de CV Piotroski F-Score Competitor Comparison
For the Utilities - Renewable subindustry, Cox Energy AmericaB de CV'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.
Cox Energy AmericaB de CV Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Cox Energy AmericaB de CV's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Cox Energy AmericaB de CV's Piotroski F-Score falls into.
* 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.
*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.
Cox Energy AmericaB de CV's current Net Income (TTM) was 6.8.
==> 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.
Cox Energy AmericaB de CV's current Cash Flow from Operations (TTM) was 41.0.
==> 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.
Cox Energy AmericaB de CV's return on assets of this year was 0.01025646. Cox Energy AmericaB de CV's return on assets of last year was 0.0252827.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Cox Energy AmericaB de CV's gearing of this year was 0.15271818. Cox Energy AmericaB de CV's gearing of last year was 0.1603417.
==> 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
Cox Energy AmericaB de CV's current ratio of this year was 1.04299866. Cox Energy AmericaB de CV's current ratio of last year was 0.69991215.
==> 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.
Cox Energy AmericaB de CV's number of shares in issue this year was 184.922. Cox Energy AmericaB de CV's number of shares in issue last year was 180.471.
==> 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.
Cox Energy AmericaB de CV's gross margin of this year was 0.40280832. Cox Energy AmericaB de CV's gross margin of last year was 0.4551416.
==> 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
Cox Energy AmericaB de CV's asset turnover of this year was 0.71917189. Cox Energy AmericaB de CV's asset turnover of last year was 0.74275495.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Cox Energy AmericaB de CV has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Cox Energy AmericaB de CV (XMAD:COXE) has a Piotroski F-Score of 5 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cox Energy AmericaB de CV and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Cox Energy AmericaB de CV's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Cox Energy AmericaB de CV ranks #162 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.6%.
Is Cox Energy AmericaB de CV's Piotroski F-Score too high?
Cox Energy AmericaB de CV's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Cox Energy AmericaB de CV's value of 5 is 0% at this industry median. Based on the distribution chart, Cox Energy AmericaB de CV ranks #162 out of 420 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Cox Energy AmericaB de CV has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Cox Energy AmericaB de CV's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Cox Energy AmericaB de CV ranks #162 out of 420 companies for Piotroski F-Score. This puts Cox Energy AmericaB de CV in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Cox Energy AmericaB de CV's value of 5 is 0% at this benchmark. Historically, Cox Energy AmericaB de CV's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Cox Energy AmericaB de CV has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cox Energy AmericaB de CV's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cox Energy AmericaB de CV and its competitors. For the Utilities - Independent Power Producers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Energy AmericaB de CV's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Energy AmericaB de CV stock overvalued right now?
Cox Energy AmericaB de CV (XMAD:COXE) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Utilities - Independent Power Producers industry median of 5.00. Cox Energy AmericaB de CV's overall GF Score™ is 30/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Cox Energy AmericaB de CV (XMAD:COXE), the current Piotroski F-Score is 5 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Cox Energy America SAB de CV is a solar photovoltaic renewable energy generation company that develops, promotes and operates photovoltaic plants in the main countries of Latin America and Europe, with presence in Mexico, Chile, Colombia, Guatemala, Central America and Spain. It has a unique portfolio of projects in different stages of development and identified opportunities to carry out its activity within a sustainable development framework. Cox Energy also operates throughout the value chain, with a presence in the business of self-consumption and/or distributed generation and commercialization of energy in Latin America and Europe.
30GF Score
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