GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cencosud Shopping SA (XSGO:CENCOMALLS) » Definitions » Piotroski F-Score

Cencosud Shopping (XSGO:CENCOMALLS) Piotroski F-Score : 7 (As of Jul. 22, 2025)


View and export this data going back to 2019. Start your Free Trial

What is Cencosud Shopping Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, 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

Cencosud Shopping has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Cencosud Shopping's Piotroski F-Score or its related term are showing as below:

XSGO:CENCOMALLS' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 7

During the past 8 years, the highest Piotroski F-Score of Cencosud Shopping was 7. The lowest was 5. And the median was 6.


Cencosud Shopping Piotroski F-Score Historical Data

The historical data trend for Cencosud Shopping'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.

Cencosud Shopping Piotroski F-Score Chart

Cencosud Shopping Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial 6.00 7.00 6.00 7.00 7.00

Cencosud Shopping Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.00 7.00 6.00 7.00 7.00

Competitive Comparison of Cencosud Shopping's Piotroski F-Score

For the Real Estate Services subindustry, Cencosud Shopping'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.


Cencosud Shopping's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cencosud Shopping's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Cencosud Shopping'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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 67740.007 + 64250.898 + 74099.104 + 60428.931 = CLP266,519 Mil.
Cash Flow from Operations was 39243.467 + 76277.758 + 80916.419 + 74279.283 = CLP270,717 Mil.
Revenue was 84875.976 + 85871.879 + 100419.614 + 90273.101 = CLP361,441 Mil.
Gross Profit was 82143.284 + 83533.557 + 96552.339 + 87582.268 = CLP349,811 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(4266003.673 + 4235301.589 + 4296979.012 + 4291155.679 + 4363075.657) / 5 = CLP4290503.122 Mil.
Total Assets at the begining of this year (Mar24) was CLP4,266,004 Mil.
Long-Term Debt & Capital Lease Obligation was CLP793,313 Mil.
Total Current Assets was CLP189,598 Mil.
Total Current Liabilities was CLP107,551 Mil.
Net Income was 56494.388 + 52926.854 + 44291.462 + 60863.074 = CLP214,576 Mil.

Revenue was 76660.693 + 78252.347 + 84239.447 + 82016.235 = CLP321,169 Mil.
Gross Profit was 73214.799 + 75887.82 + 81155.274 + 79022.548 = CLP309,280 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(4071675.162 + 4108332.197 + 4197684.381 + 4147695.594 + 4266003.673) / 5 = CLP4158278.2014 Mil.
Total Assets at the begining of last year (Mar23) was CLP4,071,675 Mil.
Long-Term Debt & Capital Lease Obligation was CLP765,125 Mil.
Total Current Assets was CLP224,464 Mil.
Total Current Liabilities was CLP101,049 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.

Cencosud Shopping's current Net Income (TTM) was 266,519. ==> 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.

Cencosud Shopping's current Cash Flow from Operations (TTM) was 270,717. ==> 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 (Mar24)
=266518.94/4266003.673
=0.06247508

ROA (Last Year)=Net Income/Total Assets (Mar23)
=214575.778/4071675.162
=0.05269963

Cencosud Shopping's return on assets of this year was 0.06247508. Cencosud Shopping's return on assets of last year was 0.05269963. ==> 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.

Cencosud Shopping's current Net Income (TTM) was 266,519. Cencosud Shopping's current Cash Flow from Operations (TTM) was 270,717. ==> 270,717 > 266,519 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=793312.609/4290503.122
=0.18489967

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=765124.746/4158278.2014
=0.18400037

Cencosud Shopping's gearing of this year was 0.18489967. Cencosud Shopping's gearing of last year was 0.18400037. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=189597.654/107551.239
=1.76285885

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=224463.53/101048.599
=2.22134233

Cencosud Shopping's current ratio of this year was 1.76285885. Cencosud Shopping's current ratio of last year was 2.22134233. ==> 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.

Cencosud Shopping's number of shares in issue this year was 1706.25. Cencosud Shopping's number of shares in issue last year was 1707.093. ==> 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
=349811.448/361440.57
=0.96782563

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=309280.441/321168.722
=0.96298431

Cencosud Shopping's gross margin of this year was 0.96782563. Cencosud Shopping's gross margin of last year was 0.96298431. ==> 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 (Mar24)
=361440.57/4266003.673
=0.0847258

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=321168.722/4071675.162
=0.07887877

Cencosud Shopping's asset turnover of this year was 0.0847258. Cencosud Shopping's asset turnover of last year was 0.07887877. ==> 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+0+0+1+1+1
=7

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

Cencosud Shopping has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Cencosud Shopping  (XSGO:CENCOMALLS) 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.


Cencosud Shopping Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Cencosud Shopping's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Cencosud Shopping Business Description

Traded in Other Exchanges
N/A
Address
Avenida Kennedy 9001, Piso 6, Las Condes, Santiago, CHL
Cencosud Shopping SA is a Chile based company focused on the development, construction and administration of commercial rental properties, mainly shopping centers and offices.

Cencosud Shopping Headlines

No Headlines