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Mobile Telecommunications Companyudi Arabia (SAU:7030) Piotroski F-Score : 7 (As of May. 25, 2024)


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What is Mobile Telecommunications Companyudi Arabia 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

Mobile Telecommunications Companyudi Arabia 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 Mobile Telecommunications Companyudi Arabia's Piotroski F-Score or its related term are showing as below:

SAU:7030' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Mobile Telecommunications Companyudi Arabia was 8. The lowest was 3. And the median was 7.


Mobile Telecommunications Companyudi Arabia Piotroski F-Score Historical Data

The historical data trend for Mobile Telecommunications Companyudi Arabia'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.

Mobile Telecommunications Companyudi Arabia Piotroski F-Score Chart

Mobile Telecommunications Companyudi Arabia 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 7.00 5.00 4.00 7.00 7.00

Mobile Telecommunications Companyudi Arabia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.00 7.00 7.00 7.00

Competitive Comparison of Mobile Telecommunications Companyudi Arabia's Piotroski F-Score

For the Telecom Services subindustry, Mobile Telecommunications Companyudi Arabia'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.


Mobile Telecommunications Companyudi Arabia's Piotroski F-Score Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mobile Telecommunications Companyudi Arabia's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mobile Telecommunications Companyudi Arabia'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was 124.179 + 284.569 + 295.593 + 66.507 = ﷼771 Mil.
Cash Flow from Operations was 351.609 + 862.898 + 645.235 + 234.262 = ﷼2,094 Mil.
Revenue was 2392.378 + 2525.34 + 2542.77 + 2535.176 = ﷼9,996 Mil.
Gross Profit was 1483.636 + 1481.486 + 1477.289 + 1545.172 = ﷼5,988 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(28906.616 + 28367.17 + 27945.594 + 27378.232 + 26837.842) / 5 = ﷼27887.0908 Mil.
Total Assets at the begining of this year (Mar23) was ﷼28,907 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼7,609 Mil.
Total Current Assets was ﷼6,644 Mil.
Total Current Liabilities was ﷼7,500 Mil.
Net Income was 133.827 + 85.145 + 250.174 + 1137.222 = ﷼1,606 Mil.

Revenue was 2206.103 + 2286.624 + 2403.866 + 2422.157 = ﷼9,319 Mil.
Gross Profit was 1250.807 + 1376.345 + 1452.308 + 1414.84 = ﷼5,494 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(27502.783 + 27982.288 + 28014.835 + 28460.869 + 28906.616) / 5 = ﷼28173.4782 Mil.
Total Assets at the begining of last year (Mar22) was ﷼27,503 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼8,609 Mil.
Total Current Assets was ﷼7,974 Mil.
Total Current Liabilities was ﷼8,725 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.

Mobile Telecommunications Companyudi Arabia's current Net Income (TTM) was 771. ==> 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.

Mobile Telecommunications Companyudi Arabia's current Cash Flow from Operations (TTM) was 2,094. ==> 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 (Mar23)
=770.848/28906.616
=0.02666684

ROA (Last Year)=Net Income/Total Assets (Mar22)
=1606.368/27502.783
=0.05840747

Mobile Telecommunications Companyudi Arabia's return on assets of this year was 0.02666684. Mobile Telecommunications Companyudi Arabia's return on assets of last year was 0.05840747. ==> Last year is higher ==> Score 0.

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.

Mobile Telecommunications Companyudi Arabia's current Net Income (TTM) was 771. Mobile Telecommunications Companyudi Arabia's current Cash Flow from Operations (TTM) was 2,094. ==> 2,094 > 771 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=7608.83/27887.0908
=0.27284416

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=8609.352/28173.4782
=0.30558357

Mobile Telecommunications Companyudi Arabia's gearing of this year was 0.27284416. Mobile Telecommunications Companyudi Arabia's gearing of last year was 0.30558357. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=6644.047/7499.619
=0.88591794

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=7974.352/8725.131
=0.91395212

Mobile Telecommunications Companyudi Arabia's current ratio of this year was 0.88591794. Mobile Telecommunications Companyudi Arabia's current ratio of last year was 0.91395212. ==> 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.

Mobile Telecommunications Companyudi Arabia's number of shares in issue this year was 898.729. Mobile Telecommunications Companyudi Arabia's number of shares in issue last year was 898.729. ==> 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
=5987.583/9995.664
=0.59901803

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5494.3/9318.75
=0.58959624

Mobile Telecommunications Companyudi Arabia's gross margin of this year was 0.59901803. Mobile Telecommunications Companyudi Arabia's gross margin of last year was 0.58959624. ==> 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 (Mar23)
=9995.664/28906.616
=0.34579157

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=9318.75/27502.783
=0.33882935

Mobile Telecommunications Companyudi Arabia's asset turnover of this year was 0.34579157. Mobile Telecommunications Companyudi Arabia's asset turnover of last year was 0.33882935. ==> 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+0+1+1+0+1+1+1
=7

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

Mobile Telecommunications Companyudi Arabia has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Mobile Telecommunications Companyudi Arabia  (SAU:7030) 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.


Mobile Telecommunications Companyudi Arabia Piotroski F-Score Related Terms

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Mobile Telecommunications Companyudi Arabia (SAU:7030) Business Description

Traded in Other Exchanges
N/A
Address
Granada Business Park - Building A3, Zain in Saudi Arabia, P.O. Box 295814, Riyadh, SAU, 11351
Mobile Telecommunications Company Saudi Arabia serves in the communication sector based in the Middle East. The company is engaged in the purchases, sells, distributes, installs, manages and maintains mobile telephone services and equipment. It also provides consulting services; constructs and repairs telecom towers and others. The firm's Mobile Telecommunications Group derives the majority of its revenue.

Mobile Telecommunications Companyudi Arabia (SAU:7030) Headlines

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