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Fuchs SE (XTER:FPE3) Piotroski F-Score : 7 (As of Mar. 29, 2025)


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What is Fuchs SE Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, 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

Fuchs SE has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

XTER:FPE3' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Fuchs SE was 7. The lowest was 4. And the median was 6.


Fuchs SE Piotroski F-Score Historical Data

The historical data trend for Fuchs SE'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.

Fuchs SE Piotroski F-Score Chart

Fuchs SE 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 7.00 4.00 6.00 7.00

Fuchs SE 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 6.00 8.00 7.00 8.00 7.00

Competitive Comparison of Fuchs SE's Piotroski F-Score

For the Specialty Chemicals subindustry, Fuchs SE'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.


Fuchs SE's Piotroski F-Score Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fuchs SE's Piotroski F-Score distribution charts can be found below:

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


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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 77 + 78 + 80 + 67 = €302 Mil.
Cash Flow from Operations was 31 + 66 + 143 + 150 = €390 Mil.
Revenue was 877 + 887 + 902 + 859 = €3,525 Mil.
Gross Profit was 296 + 311 + 315 + 293 = €1,215 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(2423 + 2482 + 2490 + 2592 + 2610) / 5 = €2519.4 Mil.
Total Assets at the begining of this year (Dec23) was €2,423 Mil.
Long-Term Debt & Capital Lease Obligation was €52 Mil.
Total Current Assets was €1,285 Mil.
Total Current Liabilities was €580 Mil.
Net Income was 73 + 68 + 77 + 64 = €282 Mil.

Revenue was 936 + 886 + 876 + 843 = €3,541 Mil.
Gross Profit was 289 + 285 + 288 + 283 = €1,145 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(2523 + 2581 + 2507 + 2545 + 2423) / 5 = €2515.8 Mil.
Total Assets at the begining of last year (Dec22) was €2,523 Mil.
Long-Term Debt & Capital Lease Obligation was €27 Mil.
Total Current Assets was €1,243 Mil.
Total Current Liabilities was €525 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.

Fuchs SE's current Net Income (TTM) was 302. ==> 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.

Fuchs SE's current Cash Flow from Operations (TTM) was 390. ==> 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)
=302/2423
=0.12463888

ROA (Last Year)=Net Income/Total Assets (Dec22)
=282/2523
=0.1117717

Fuchs SE's return on assets of this year was 0.12463888. Fuchs SE's return on assets of last year was 0.1117717. ==> 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.

Fuchs SE's current Net Income (TTM) was 302. Fuchs SE's current Cash Flow from Operations (TTM) was 390. ==> 390 > 302 ==> 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
=52/2519.4
=0.02063983

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=27/2515.8
=0.01073217

Fuchs SE's gearing of this year was 0.02063983. Fuchs SE's gearing of last year was 0.01073217. ==> Last year is lower than this year ==> Score 0.

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
=1285/580
=2.21551724

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1243/525
=2.36761905

Fuchs SE's current ratio of this year was 2.21551724. Fuchs SE's current ratio of last year was 2.36761905. ==> 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.

Fuchs SE's number of shares in issue this year was 131. Fuchs SE's number of shares in issue last year was 133.072. ==> 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
=1215/3525
=0.34468085

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1145/3541
=0.32335498

Fuchs SE's gross margin of this year was 0.34468085. Fuchs SE's gross margin of last year was 0.32335498. ==> 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)
=3525/2423
=1.45480809

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=3541/2523
=1.40348791

Fuchs SE's asset turnover of this year was 1.45480809. Fuchs SE's asset turnover of last year was 1.40348791. ==> 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+0+0+1+1+1
=7

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

Fuchs SE has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Fuchs SE  (XTER:FPE3) 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.


Fuchs SE Piotroski F-Score Related Terms

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Fuchs SE Business Description

Traded in Other Exchanges
Address
Einsteinstrasse 11, Mannheim, DEU, 68169
Fuchs SE is a holding company, which through its subsidiaries, manufactures and sells high-grade lubricants and related specialties. The firm's product portfolio includes automotive, industrial lubricants, and other lubricants. The revenue of the company is generated from Processing industry, Off-Highway Vehicles and Transportation, Industrial Equipment and Machinery, Vehicle Components, Primary Industry and Energy, Aftermarket and Trading, and Others Segment. The company itself into three segments based on geography: Europe, the Middle East, Africa (EMEA), Asia-Pacific, and North and South America. The EMEA segment generates the majority of revenue.
Executives
Dr. Ralph Rheinboldt Board of Directors
Stefan Fuchs Board of Directors
Dr. Timo Reister Board of Directors
Dagmar Steinert Board of Directors

Fuchs SE Headlines

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