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.
Rimon Consulting & Managing Services Piotroski F-Score Related Terms
Rimon Consulting & Managing Services Piotroski F-Score Historical Data
* 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.
XTAE:RMON vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Rimon Consulting & Managing Services'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.
Rimon Consulting & Managing Services Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Rimon Consulting & Managing Services's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Rimon Consulting & Managing Services'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.
*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.
Rimon Consulting & Managing Services's current Net Income (TTM) was 68.
==> 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.
Rimon Consulting & Managing Services's current Cash Flow from Operations (TTM) was -45.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Rimon Consulting & Managing Services's return on assets of this year was 0.04176084. Rimon Consulting & Managing Services's return on assets of last year was 0.05175099.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Rimon Consulting & Managing Services's gearing of this year was 0.22662367. Rimon Consulting & Managing Services's gearing of last year was 0.24151709.
==> 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
Rimon Consulting & Managing Services's current ratio of this year was 1.1985433. Rimon Consulting & Managing Services's current ratio of last year was 1.30617913.
==> 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.
Rimon Consulting & Managing Services's number of shares in issue this year was 37.008. Rimon Consulting & Managing Services's number of shares in issue last year was 36.491.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Rimon Consulting & Managing Services's gross margin of this year was 0.17726465. Rimon Consulting & Managing Services's gross margin of last year was 0.1573633.
==> 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
Rimon Consulting & Managing Services's asset turnover of this year was 0.99264239. Rimon Consulting & Managing Services's asset turnover of last year was 0.82291291.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Que. 1
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Que. 4
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Que. 5
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Que. 9
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1
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0
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1
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Rimon Consulting & Managing Services has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Rimon Consulting & Managing Services (XTAE:RMON) has a Piotroski F-Score of 4 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rimon Consulting & Managing Services and its competitors. This is near median its historical median of 4.00. Over the past decade, Rimon Consulting & Managing Services' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Rimon Consulting & Managing Services ranks #1129 out of 1729 companies in the Construction industry, placing it in the top 65.3%.
Is Rimon Consulting & Managing Services' Piotroski F-Score too high?
Rimon Consulting & Managing Services' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Construction industry median Piotroski F-Score is 5.00. Rimon Consulting & Managing Services' value of 4 is 20% below this industry median. Based on the distribution chart, Rimon Consulting & Managing Services ranks #1129 out of 1729 companies in the Construction industry, which is below the industry midpoint. Overall, Rimon Consulting & Managing Services has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rimon Consulting & Managing Services' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Rimon Consulting & Managing Services ranks #1129 out of 1729 companies for Piotroski F-Score. This places Rimon Consulting & Managing Services in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Rimon Consulting & Managing Services' value of 4 is 20% below this benchmark. Historically, Rimon Consulting & Managing Services' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Rimon Consulting & Managing Services has consistently been below 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Rimon Consulting & Managing Services's current Piotroski F-Score of 4 is 20% below 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 Rimon Consulting & Managing Services and its competitors. For the Construction 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. Rimon Consulting & Managing Services's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rimon Consulting & Managing Services stock overvalued right now?
Based on GuruFocus' analysis, Rimon Consulting & Managing Services (XTAE:RMON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪83.06, compared to a current price of ₪132.30 — trading 59.3% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Construction industry median of 5.00. Rimon Consulting & Managing Services' overall GF Score™ is 88/100 with 5 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 Rimon Consulting & Managing Services (XTAE:RMON), the current Piotroski F-Score is 4 as of Jul. 01, 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 Rimon Consulting & Managing Services (XTAE:RMON) Overvalued in 2026?
Based on GuruFocus' analysis, Rimon Consulting & Managing Services stock appears to be overvalued.
The current stock price of ₪132.30 is trading 59.3% above its estimated GF Value™ of ₪83.06.
GuruFocus considers Rimon Consulting & Managing Services to be Significantly Overvalued.
Key valuation signals for XTAE:RMON:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: ₪83.06 vs. price of ₪132.30 (59.3% above fair value)
Industry Position: 20% below the Construction median (#1129 of 1729)
No single metric tells the full story. See the XTAE:RMON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rimon Consulting & Managing Services Business Description
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