GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Shufersal Ltd (XTAE:SAE) » Definitions » Piotroski F-Score

Shufersal (XTAE:SAE) Piotroski F-Score : 9 (As of Apr. 05, 2025)


View and export this data going back to 1980. Start your Free Trial

What is Shufersal Piotroski F-Score?

Good Sign:

Piotroski F-Score is 9, 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

Shufersal has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

XTAE:SAE' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Shufersal was 9. The lowest was 4. And the median was 7.


Shufersal Piotroski F-Score Historical Data

The historical data trend for Shufersal'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.

Shufersal Piotroski F-Score Chart

Shufersal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 4.00 7.00 9.00

Shufersal Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.00 9.00 8.00 9.00

Competitive Comparison of Shufersal's Piotroski F-Score

For the Grocery Stores subindustry, Shufersal'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.


Shufersal's Piotroski F-Score Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Shufersal's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Shufersal'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 88 + 165 + 237 + 167 = ₪657 Mil.
Cash Flow from Operations was 457 + 624 + 826 + 331 = ₪2,238 Mil.
Revenue was 3786 + 3996 + 4100 + 3762 = ₪15,644 Mil.
Gross Profit was 1027 + 1138 + 1168 + 1098 = ₪4,431 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(14913 + 15197 + 15157 + 15893 + 14922) / 5 = ₪15216.4 Mil.
Total Assets at the begining of this year (Dec23) was ₪14,913 Mil.
Long-Term Debt & Capital Lease Obligation was ₪5,695 Mil.
Total Current Assets was ₪3,974 Mil.
Total Current Liabilities was ₪4,610 Mil.
Net Income was 65 + 65 + 50 + 132 = ₪312 Mil.

Revenue was 3720 + 3703 + 3854 + 3906 = ₪15,183 Mil.
Gross Profit was 1003 + 983 + 1010 + 1031 = ₪4,027 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(14547 + 15240 + 14804 + 15279 + 14913) / 5 = ₪14956.6 Mil.
Total Assets at the begining of last year (Dec22) was ₪14,547 Mil.
Long-Term Debt & Capital Lease Obligation was ₪6,277 Mil.
Total Current Assets was ₪3,316 Mil.
Total Current Liabilities was ₪4,390 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.

Shufersal's current Net Income (TTM) was 657. ==> 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.

Shufersal's current Cash Flow from Operations (TTM) was 2,238. ==> 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 (Dec23)
=657/14913
=0.04405552

ROA (Last Year)=Net Income/Total Assets (Dec22)
=312/14547
=0.02144772

Shufersal's return on assets of this year was 0.04405552. Shufersal's return on assets of last year was 0.02144772. ==> 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.

Shufersal's current Net Income (TTM) was 657. Shufersal's current Cash Flow from Operations (TTM) was 2,238. ==> 2,238 > 657 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=5695/15216.4
=0.37426724

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=6277/14956.6
=0.41968094

Shufersal's gearing of this year was 0.37426724. Shufersal's gearing of last year was 0.41968094. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=3974/4610
=0.86203905

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=3316/4390
=0.75535308

Shufersal's current ratio of this year was 0.86203905. Shufersal's current ratio of last year was 0.75535308. ==> 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.

Shufersal's number of shares in issue this year was 265.399. Shufersal's number of shares in issue last year was 268.546. ==> 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
=4431/15644
=0.28323958

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4027/15183
=0.26523085

Shufersal's gross margin of this year was 0.28323958. Shufersal's gross margin of last year was 0.26523085. ==> 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 (Dec23)
=15644/14913
=1.04901764

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=15183/14547
=1.04372035

Shufersal's asset turnover of this year was 1.04901764. Shufersal's asset turnover of last year was 1.04372035. ==> 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+1+1
=9

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

Shufersal has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Shufersal  (XTAE:SAE) 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.


Shufersal Piotroski F-Score Related Terms

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


Shufersal Business Description

Traded in Other Exchanges
N/A
Address
30 Benjamin Shmotkin Street, Rishon LeZion, ISR
Shufersal Ltd is a supermarket chain operator. The company is based in Israel and generates all revenue domestically. Shufersal has three operating segments: retail segment, real estate segment, and Be segment. The retail segment, which contributes the largest portion of revenue, operates neighborhood and regional food stores, a group of organic food stores, and engages in the marketing, manufacture, and sale of both frozen and fresh baked products. The real estate segment includes leasing of various commercial and other properties. The Be segment includes operation of drug stores that mainly sell cosmetics, convenience, and toiletry products. A vast majority of the company's revenue is generated by the retail segment.

Shufersal Headlines

No Headlines