CGE Transmision (XSGO:CGET) Piotroski F-Score: 8 (As of Jul. 14, 2026) — 14% Above Median

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XSGO:CGET CGE Transmision SA XSGO:CGET
48 GF Score
Price CLP126.72
GF Value CLP89.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is CGE Transmision Piotroski F-Score?

CGE Transmision XSGO:CGET 48 Piotroski F-Score is 8 as of Jul. 14, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates XSGO:CGET with a GF Score™ of 48/100 and a GF Value™ of CLP89.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 490 Utilities - Regulated companies, CGE Transmision ranks better than 97.55% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

CGE Transmision 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 CGE Transmision's Piotroski F-Score or its related term are showing as below:

XSGO:CGET' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 8

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

CGE Transmision  (XSGO:CGET) 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.


CGE Transmision Piotroski F-Score Related Terms


CGE Transmision Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CGE Transmision'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.

CGE Transmision Piotroski F-Score Chart

CGE Transmision Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 6.00 8.00

CGE Transmision Quarterly Data
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 7.00 7.00 7.00 8.00 8.00

XSGO:CGET vs NEE, SO, DUK: Piotroski F-Score Comparison

For the Utilities - Regulated Electric subindustry, CGE Transmision'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.


CGE Transmision Piotroski F-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CGE Transmision's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CGE Transmision's Piotroski F-Score falls into.


XSGO:CGET
48GF Score
CGE Transmision SA XSGO:CGET
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 12040.312 + 11995.163 + 19297.74 + 11381.575 = CLP54,715 Mil.
Cash Flow from Operations was 50608.804 + 40782.014 + 48333.537 + 18702.864 = CLP158,427 Mil.
Revenue was 68629.991 + 71174.255 + 71203.191 + 64071.767 = CLP275,079 Mil.
Gross Profit was 34564.634 + 36225.351 + 38088.264 + 34559.833 = CLP143,438 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1258038.512 + 1259997.531 + 1294860.326 + 1317155.029 + 1326246.76) / 5 = CLP1291259.6316 Mil.
Total Assets at the begining of this year (Mar25) was CLP1,258,039 Mil.
Long-Term Debt & Capital Lease Obligation was CLP218,097 Mil.
Total Current Assets was CLP117,270 Mil.
Total Current Liabilities was CLP558,450 Mil.
Net Income was 13702.279 + 13138.635 + 8115.676 + 17557.676 = CLP52,514 Mil.

Revenue was 62428.324 + 62314.403 + 65983.509 + 65261.101 = CLP255,987 Mil.
Gross Profit was 33415.071 + 32704.832 + 36747.031 + 34596.811 = CLP137,464 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1272511.783 + 1245608.54 + 1233101.456 + 1253309.326 + 1258038.512) / 5 = CLP1252513.9234 Mil.
Total Assets at the begining of last year (Mar24) was CLP1,272,512 Mil.
Long-Term Debt & Capital Lease Obligation was CLP218,666 Mil.
Total Current Assets was CLP85,591 Mil.
Total Current Liabilities was CLP442,409 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.

CGE Transmision's current Net Income (TTM) was 54,715. ==> 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.

CGE Transmision's current Cash Flow from Operations (TTM) was 158,427. ==> 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)
=54714.79/1258038.512
=0.04349214

ROA (Last Year)=Net Income/Total Assets (Mar24)
=52514.266/1272511.783
=0.0412682

CGE Transmision's return on assets of this year was 0.04349214. CGE Transmision's return on assets of last year was 0.0412682. ==> 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.

CGE Transmision's current Net Income (TTM) was 54,715. CGE Transmision's current Cash Flow from Operations (TTM) was 158,427. ==> 158,427 > 54,715 ==> 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
=218097.424/1291259.6316
=0.16890284

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=218666.027/1252513.9234
=0.17458171

CGE Transmision's gearing of this year was 0.16890284. CGE Transmision's gearing of last year was 0.17458171. ==> 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
=117270.354/558450.453
=0.20999241

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=85591.018/442408.618
=0.19346598

CGE Transmision's current ratio of this year was 0.20999241. CGE Transmision's current ratio of last year was 0.19346598. ==> 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.

CGE Transmision's number of shares in issue this year was 2019.897. CGE Transmision's number of shares in issue last year was 2019.897. ==> 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
=143438.082/275079.204
=0.52144284

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=137463.745/255987.337
=0.53699432

CGE Transmision's gross margin of this year was 0.52144284. CGE Transmision's gross margin of last year was 0.53699432. ==> 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 (Mar25)
=275079.204/1258038.512
=0.21865722

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=255987.337/1272511.783
=0.20116697

CGE Transmision's asset turnover of this year was 0.21865722. CGE Transmision's asset turnover of last year was 0.20116697. ==> 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+0+1
=8

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

CGE Transmision has an F-score of 8. 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 8 mean?
CGE Transmision (XSGO:CGET) has a Piotroski F-Score of 8 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CGE Transmision and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, CGE Transmision's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, CGE Transmision ranks #12 out of 490 companies in the Utilities - Regulated industry, placing it in the top 2.4%.
Is CGE Transmision's Piotroski F-Score too high?
CGE Transmision's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. CGE Transmision's value of 8 is 33.3% above this industry median. Based on the distribution chart, CGE Transmision ranks #12 out of 490 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CGE Transmision has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CGE Transmision's Piotroski F-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CGE Transmision ranks #12 out of 490 companies for Piotroski F-Score. This places CGE Transmision in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. CGE Transmision's value of 8 is 33.3% above this benchmark. Historically, CGE Transmision's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, CGE Transmision 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 an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 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. CGE Transmision's current Piotroski F-Score of 8 is 33.3% 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 CGE Transmision and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGE Transmision's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGE Transmision stock overvalued right now?
Based on GuruFocus' analysis, CGE Transmision (XSGO:CGET) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP89.91, compared to a current price of CLP126.72 — trading 40.9% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the Utilities - Regulated industry median of 6.00. CGE Transmision's overall GF Score™ is 48/100 with 7 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 CGE Transmision (XSGO:CGET), the current Piotroski F-Score is 8 as of Jul. 14, 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 CGE Transmision (XSGO:CGET) Overvalued in 2026?

Based on GuruFocus' analysis, CGE Transmision stock appears to be overvalued. The current stock price of CLP126.72 is trading 40.9% above its estimated GF Value™ of CLP89.91. GuruFocus considers CGE Transmision to be Significantly Overvalued.

Key valuation signals for XSGO:CGET:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: CLP89.91 vs. price of CLP126.72 (40.9% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 33.3% above the Utilities - Regulated median (#12 of 490)

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


CGE Transmision Business Description

Address Avenida Presidente Riesco 5561, 17th Floor, Las Condes, Santiago, CHL, 7561127
CGE Transmision SA is engaged in providing public electricity transformation and transmission services, for which it designs, builds, operates, maintains, and markets a range of substations and transmission lines. The company mainly provides zonal transmission and dedicated transmission services. Its operating segments are Electric Chile, which derives revenue from the transmission of electric power; and the Services segment, which is involved in the manufacturing and sale of transformers and transformer maintenance, diagnostics, and testing services. Maximum revenue for the company is generated from the Electric Chile segment.
48GF Score

Get the complete analysis for XSGO:CGET

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

CLP126.72
Price
CLP89.91
GF Value