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Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Piotroski F-Score : 8 (As of Dec. 14, 2024)


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What is Rami Levi Chain Stores Hashikma Marketing 2006 Piotroski F-Score?

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

Rami Levi Chain Stores Hashikma Marketing 2006 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 Rami Levi Chain Stores Hashikma Marketing 2006's Piotroski F-Score or its related term are showing as below:

XTAE:RMLI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Rami Levi Chain Stores Hashikma Marketing 2006 was 9. The lowest was 2. And the median was 6.


Rami Levi Chain Stores Hashikma Marketing 2006 Piotroski F-Score Historical Data

The historical data trend for Rami Levi Chain Stores Hashikma Marketing 2006'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.

Rami Levi Chain Stores Hashikma Marketing 2006 Piotroski F-Score Chart

Rami Levi Chain Stores Hashikma Marketing 2006 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 8.00 5.00 6.00

Rami Levi Chain Stores Hashikma Marketing 2006 Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.00 6.00 7.00 5.00 8.00

Competitive Comparison of Rami Levi Chain Stores Hashikma Marketing 2006's Piotroski F-Score

For the Grocery Stores subindustry, Rami Levi Chain Stores Hashikma Marketing 2006'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.


Rami Levi Chain Stores Hashikma Marketing 2006's Piotroski F-Score Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Rami Levi Chain Stores Hashikma Marketing 2006's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Rami Levi Chain Stores Hashikma Marketing 2006'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 54.718 + 58.251 + 66.259 + 60.951 = ₪240 Mil.
Cash Flow from Operations was 32.419 + 141.222 + 188.859 + 241.036 = ₪604 Mil.
Revenue was 1755.97 + 1742.63 + 1834.029 + 1961.071 = ₪7,294 Mil.
Gross Profit was 408.369 + 424.257 + 430.063 + 458.088 = ₪1,721 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(4363.365 + 4196.657 + 4366.119 + 4321.456 + 4472.538) / 5 = ₪4344.027 Mil.
Total Assets at the begining of this year (Sep23) was ₪4,363 Mil.
Long-Term Debt & Capital Lease Obligation was ₪1,818 Mil.
Total Current Assets was ₪1,876 Mil.
Total Current Liabilities was ₪1,980 Mil.
Net Income was 49.976 + 22.308 + 84.114 + 38.216 = ₪195 Mil.

Revenue was 1695.328 + 1758.863 + 1794.285 + 1872.783 = ₪7,121 Mil.
Gross Profit was 400.981 + 382.996 + 452.186 + 409.725 = ₪1,646 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(4181.571 + 4076.712 + 4312.342 + 4239.318 + 4363.365) / 5 = ₪4234.6616 Mil.
Total Assets at the begining of last year (Sep22) was ₪4,182 Mil.
Long-Term Debt & Capital Lease Obligation was ₪1,853 Mil.
Total Current Assets was ₪1,755 Mil.
Total Current Liabilities was ₪1,856 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.

Rami Levi Chain Stores Hashikma Marketing 2006's current Net Income (TTM) was 240. ==> 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.

Rami Levi Chain Stores Hashikma Marketing 2006's current Cash Flow from Operations (TTM) was 604. ==> 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 (Sep23)
=240.179/4363.365
=0.05504444

ROA (Last Year)=Net Income/Total Assets (Sep22)
=194.614/4181.571
=0.04654088

Rami Levi Chain Stores Hashikma Marketing 2006's return on assets of this year was 0.05504444. Rami Levi Chain Stores Hashikma Marketing 2006's return on assets of last year was 0.04654088. ==> 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.

Rami Levi Chain Stores Hashikma Marketing 2006's current Net Income (TTM) was 240. Rami Levi Chain Stores Hashikma Marketing 2006's current Cash Flow from Operations (TTM) was 604. ==> 604 > 240 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=1818.274/4344.027
=0.41856876

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=1853.453/4234.6616
=0.43768621

Rami Levi Chain Stores Hashikma Marketing 2006's gearing of this year was 0.41856876. Rami Levi Chain Stores Hashikma Marketing 2006's gearing of last year was 0.43768621. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=1875.869/1979.996
=0.9474105

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=1754.842/1856.319
=0.94533429

Rami Levi Chain Stores Hashikma Marketing 2006's current ratio of this year was 0.9474105. Rami Levi Chain Stores Hashikma Marketing 2006's current ratio of last year was 0.94533429. ==> 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.

Rami Levi Chain Stores Hashikma Marketing 2006's number of shares in issue this year was 13.79. Rami Levi Chain Stores Hashikma Marketing 2006's number of shares in issue last year was 13.796. ==> 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
=1720.777/7293.7
=0.23592648

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1645.888/7121.259
=0.23112318

Rami Levi Chain Stores Hashikma Marketing 2006's gross margin of this year was 0.23592648. Rami Levi Chain Stores Hashikma Marketing 2006's gross margin of last year was 0.23112318. ==> 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 (Sep23)
=7293.7/4363.365
=1.67157687

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=7121.259/4181.571
=1.70301042

Rami Levi Chain Stores Hashikma Marketing 2006's asset turnover of this year was 1.67157687. Rami Levi Chain Stores Hashikma Marketing 2006's asset turnover of last year was 1.70301042. ==> Last year's asset turnover is higher ==> Score 0.

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+0
=8

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

Rami Levi Chain Stores Hashikma Marketing 2006 has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Rami Levi Chain Stores Hashikma Marketing 2006  (XTAE:RMLI) 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.


Rami Levi Chain Stores Hashikma Marketing 2006 Piotroski F-Score Related Terms

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Rami Levi Chain Stores Hashikma Marketing 2006 Business Description

Traded in Other Exchanges
N/A
Address
15 Hauman Street, Jerusalem, ISR, 91520
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is an operator of clothing and food retail stores. The company is based in Israel and generates the entirety of its revenue domestically. The company operates a chain of supermarkets as well as discount clothing and discount shoe stores. The company markets its own products under the brand names The Motag as well as Remi Levi Shivuk Hashikma. In addition, the company operates a real estate development branch, engages in wholesale distribution activities and provides mobile phone services through its subsidiary, Rami Levi Communications.

Rami Levi Chain Stores Hashikma Marketing 2006 Headlines

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