Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Piotroski F-Score: 9 (As of Aug. 10, 2026) — 50% Above Median

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XSGO:BOLSASTGO Bolsa de Comercio de Santiago XSGO:BOLSASTGO
65 GF Score
Price CLP368.00
GF Value CLP346.92
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bolsa de Comercio dentiago Piotroski F-Score?

Bolsa de Comercio dentiago XSGO:BOLSASTGO 65 Piotroski F-Score is 9 as of Aug. 10, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates XSGO:BOLSASTGO with a GF Score™ of 65/100 and a GF Value™ of CLP346.92 (Fairly Valued). The stock has 3 warning signs investors should review. Among 783 Capital Markets companies, Bolsa de Comercio dentiago ranks better than 99.87% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Bolsa de Comercio dentiago has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Bolsa de Comercio dentiago's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of Bolsa de Comercio dentiago was 9. The lowest was 4. And the median was 6.

Bolsa de Comercio dentiago  (XSGO:BOLSASTGO) 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.


Bolsa de Comercio dentiago Piotroski F-Score Related Terms


Bolsa de Comercio dentiago Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bolsa de Comercio dentiago'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.

Bolsa de Comercio dentiago Piotroski F-Score Chart

Bolsa de Comercio dentiago Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 5.00 9.00 7.00

Bolsa de Comercio dentiago Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 N/A 8.00 8.00 7.00 9.00

XSGO:BOLSASTGO vs SPGI, CME, ICE: Piotroski F-Score Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa de Comercio dentiago'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.


Bolsa de Comercio dentiago Piotroski F-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Comercio dentiago's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Bolsa de Comercio dentiago's Piotroski F-Score falls into.


XSGO:BOLSASTGO
65GF Score
Bolsa de Comercio de Santiago XSGO:BOLSASTGO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 572.388 + 609.487 + 332.159 + 781.955 = CLP2,296 Mil.
Cash Flow from Operations was 992.694 + 1637.283 + 949.626 + 385.741 = CLP3,965 Mil.
Revenue was 1879.281 + 1645.377 + 1617.367 + 1987.515 = CLP7,130 Mil.
Gross Profit was 1540.523 + 1313.559 + 1234.139 + 1719.707 = CLP5,808 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(23838.061 + 22344.312 + 23022.497 + 23524.522 + 23871.862) / 5 = CLP23320.2508 Mil.
Total Assets at the begining of this year (Mar25) was CLP23,838 Mil.
Long-Term Debt & Capital Lease Obligation was CLP0 Mil.
Total Current Assets was CLP6,245 Mil.
Total Current Liabilities was CLP3,448 Mil.
Net Income was 552.835 + 456.588 + 438.383 + 693.777 = CLP2,142 Mil.

Revenue was 1723.761 + 1509.286 + 1568.638 + 1908.207 = CLP6,710 Mil.
Gross Profit was 1378.148 + 1165.227 + 1224.306 + 1598.866 = CLP5,367 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(22879.307 + 23308.963 + 22638.433 + 23312.666 + 23838.061) / 5 = CLP23195.486 Mil.
Total Assets at the begining of last year (Mar24) was CLP22,879 Mil.
Long-Term Debt & Capital Lease Obligation was CLP0 Mil.
Total Current Assets was CLP5,397 Mil.
Total Current Liabilities was CLP4,056 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.

Bolsa de Comercio dentiago's current Net Income (TTM) was 2,296. ==> 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.

Bolsa de Comercio dentiago's current Cash Flow from Operations (TTM) was 3,965. ==> 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 (Mar25)
=2295.989/23838.061
=0.0963161

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2141.583/22879.307
=0.09360349

Bolsa de Comercio dentiago's return on assets of this year was 0.0963161. Bolsa de Comercio dentiago's return on assets of last year was 0.09360349. ==> 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.

Bolsa de Comercio dentiago's current Net Income (TTM) was 2,296. Bolsa de Comercio dentiago's current Cash Flow from Operations (TTM) was 3,965. ==> 3,965 > 2,296 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/23320.2508
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/23195.486
=0

Bolsa de Comercio dentiago's gearing of this year was 0. Bolsa de Comercio dentiago's gearing of last year was 0. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=6244.802/3448.145
=1.81106131

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5397.14/4056.32
=1.33055084

Bolsa de Comercio dentiago's current ratio of this year was 1.81106131. Bolsa de Comercio dentiago's current ratio of last year was 1.33055084. ==> 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.

Bolsa de Comercio dentiago's number of shares in issue this year was 48.002. Bolsa de Comercio dentiago's number of shares in issue last year was 48.012. ==> 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
=5807.928/7129.54
=0.81462871

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5366.547/6709.892
=0.79979633

Bolsa de Comercio dentiago's gross margin of this year was 0.81462871. Bolsa de Comercio dentiago's gross margin of last year was 0.79979633. ==> 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 (Mar25)
=7129.54/23838.061
=0.29908221

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6709.892/22879.307
=0.29327339

Bolsa de Comercio dentiago's asset turnover of this year was 0.29908221. Bolsa de Comercio dentiago's asset turnover of last year was 0.29327339. ==> 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+1+1+1+1
=9

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

Bolsa de Comercio dentiago has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 9 mean?
Bolsa de Comercio dentiago (XSGO:BOLSASTGO) has a Piotroski F-Score of 9 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bolsa de Comercio dentiago and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Bolsa de Comercio dentiago's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Bolsa de Comercio dentiago ranks #1 out of 783 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is Bolsa de Comercio dentiago's Piotroski F-Score too high?
Bolsa de Comercio dentiago's current Piotroski F-Score of 9 is 50% above 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 9.00. The Capital Markets industry median Piotroski F-Score is 5.00. Bolsa de Comercio dentiago's value of 9 is 80% above this industry median. Based on the distribution chart, Bolsa de Comercio dentiago ranks #1 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bolsa de Comercio dentiago has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Comercio dentiago's Piotroski F-Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bolsa de Comercio dentiago ranks #1 out of 783 companies for Piotroski F-Score. This places Bolsa de Comercio dentiago in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bolsa de Comercio dentiago's value of 9 is 80% above this benchmark. Historically, Bolsa de Comercio dentiago's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Bolsa de Comercio dentiago has consistently been above 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 a Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 783 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. Bolsa de Comercio dentiago's current Piotroski F-Score of 9 is 80% above 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 Bolsa de Comercio dentiago and its competitors. For the Capital Markets 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. Bolsa de Comercio dentiago's current Piotroski F-Score is 9, which is 50% above 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 Bolsa de Comercio dentiago stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Comercio dentiago (XSGO:BOLSASTGO) is currently considered Fairly Valued. The stock's GF Value™ is CLP346.92, compared to a current price of CLP368.00 — trading 6.1% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Capital Markets industry median of 5.00. Bolsa de Comercio dentiago's overall GF Score™ is 65/100 with 3 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 Bolsa de Comercio dentiago (XSGO:BOLSASTGO), the current Piotroski F-Score is 9 as of Aug. 10, 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.

Is Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Overvalued in 2026?

Based on GuruFocus' analysis, Bolsa de Comercio dentiago stock appears to be overvalued. The current stock price of CLP368.00 is trading 6.1% above its estimated GF Value™ of CLP346.92. GuruFocus considers Bolsa de Comercio dentiago to be Fairly Valued.

Key valuation signals for XSGO:BOLSASTGO:

  • Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
  • GF Value™: CLP346.92 vs. price of CLP368.00 (6.1% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 80% above the Capital Markets median (#1 of 783)

No single metric tells the full story. See the XSGO:BOLSASTGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bolsa de Comercio dentiago Business Description

Address Calle Bandera 63, Santiago, CHL
Bolsa de Comercio de Santiago operates as the main stock exchange in Chile. It facilitates, regulates & monitors trading in equity shares, fixed income securities, futures, options & investment fund units. It offers new financial instruments, such as the creation of shares of transferable funds or ETFs, the Derivatives Market and the Venture Market.
65GF Score

Get the complete analysis for XSGO:BOLSASTGO

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CLP368.00
Price
CLP346.92
GF Value