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Maritima de InversionesXSGO:MARINSA 73 Piotroski F-Score is 8 as of Sep. 10, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XSGO:MARINSA with a GF Score™ of 73/100 and a GF Value™ of CLP128.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 994 Transportation companies, Maritima de Inversiones ranks better than 97.38% 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
Maritima de Inversiones 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 Maritima de Inversiones's Piotroski F-Score or its related term are showing as below:
XSGO:MARINSA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Maritima de Inversiones was 8. The lowest was 3. And the median was 6.
Maritima de Inversiones (XSGO:MARINSA) 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.
Maritima de Inversiones Piotroski F-Score Related Terms
Maritima de Inversiones Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Maritima de Inversiones'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.
XSGO:MARINSA vs UPS, FDX, EXPD: Piotroski F-Score Comparison
For the Integrated Freight & Logistics subindustry, Maritima de Inversiones'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.
Maritima de Inversiones Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Maritima de Inversiones's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Maritima de Inversiones'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 11184.936 + 2687.411 + 9556.39 + 15180.52 = CLP38,609 Mil. Cash Flow from Operations was 1149.441 + 12238.168 + 2139.133 + 28454.15 = CLP43,981 Mil. Revenue was 1131.866 + 756.001 + 1361.131 + 1152.271 = CLP4,401 Mil. Gross Profit was 786.25 + 588.599 + 1010.328 + 929.548 = CLP3,315 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(315728.344 + 328142.363 + 328455.854 + 340175.952 + 341844.701) / 5 = CLP330869.4428 Mil. Total Assets at the begining of this year (Jun25) was CLP315,728 Mil. Long-Term Debt & Capital Lease Obligation was CLP0 Mil. Total Current Assets was CLP269,663 Mil. Total Current Liabilities was CLP10,423 Mil.
Net Income was -12755.631 + -456.302 + -3545.236 + 11611.286 = CLP-5,146 Mil.
Revenue was 895.609 + 318.917 + 848.083 + 786.975 = CLP2,850 Mil. Gross Profit was 565.035 + 187.601 + 504.068 + 635.491 = CLP1,892 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(361841.741 + 307748.007 + 311320.619 + 306039.169 + 315728.344) / 5 = CLP320535.576 Mil. Total Assets at the begining of last year (Jun24) was CLP361,842 Mil. Long-Term Debt & Capital Lease Obligation was CLP0 Mil. Total Current Assets was CLP249,404 Mil. Total Current Liabilities was CLP8,304 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.
Maritima de Inversiones's current Net Income (TTM) was 38,609.
==> 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.
Maritima de Inversiones's current Cash Flow from Operations (TTM) was 43,981.
==> 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.
Maritima de Inversiones's return on assets of this year was 0.12228632. Maritima de Inversiones's return on assets of last year was -0.01422136.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Maritima de Inversiones's gearing of this year was 0. Maritima de Inversiones'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
Maritima de Inversiones's current ratio of this year was 25.87302624. Maritima de Inversiones's current ratio of last year was 30.0327151.
==> 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.
Maritima de Inversiones's number of shares in issue this year was 2816.423. Maritima de Inversiones's number of shares in issue last year was 2818.273.
==> 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.
Maritima de Inversiones's gross margin of this year was 0.75312938. Maritima de Inversiones's gross margin of last year was 0.66402499.
==> 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
Maritima de Inversiones's asset turnover of this year was 0.01394005. Maritima de Inversiones's asset turnover of last year was 0.00787522.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Maritima de Inversiones has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Maritima de Inversiones (XSGO:MARINSA) has a Piotroski F-Score of 8 as of Sep. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Maritima de Inversiones and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Maritima de Inversiones' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Maritima de Inversiones ranks #26 out of 994 companies in the Transportation industry, placing it in the top 2.6%.
Is Maritima de Inversiones' Piotroski F-Score too high?
Maritima de Inversiones' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Maritima de Inversiones' value of 8 is 33.3% above this industry median. Based on the distribution chart, Maritima de Inversiones ranks #26 out of 994 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Maritima de Inversiones has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maritima de Inversiones' Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Maritima de Inversiones ranks #26 out of 994 companies for Piotroski F-Score. This places Maritima de Inversiones in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Maritima de Inversiones' value of 8 is 33.3% above this benchmark. Historically, Maritima de Inversiones' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Maritima de Inversiones 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 994 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. Maritima de Inversiones'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 Maritima de Inversiones and its competitors. For the Transportation 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. Maritima de Inversiones's current Piotroski F-Score is 8, which is 33% 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 Maritima de Inversiones stock overvalued right now?
Based on GuruFocus' analysis, Maritima de Inversiones (XSGO:MARINSA) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP128.08, compared to a current price of CLP95.00 — trading 25.8% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Transportation industry median of 6.00. Maritima de Inversiones' overall GF Score™ is 73/100 with 4 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 Maritima de Inversiones (XSGO:MARINSA), the current Piotroski F-Score is 8 as of Sep. 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 Maritima de Inversiones (XSGO:MARINSA) Overvalued in 2026?
Based on GuruFocus' analysis, Maritima de Inversiones stock appears to be undervalued.
The current stock price of CLP95.00 is trading 25.8% below its estimated GF Value™ of CLP128.08.
GuruFocus considers Maritima de Inversiones to be Modestly Undervalued.
Key valuation signals for XSGO:MARINSA:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: CLP128.08 vs. price of CLP95.00 (25.8% below fair value)
Industry Position: 33.3% above the Transportation median (#26 of 994)
No single metric tells the full story. See the XSGO:MARINSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.
73GF Score
Get the complete analysis for XSGO:MARINSA
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