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JDE Peets NV (XAMS:JDEP) Piotroski F-Score : 7 (As of Jun. 01, 2024)


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What is JDE Peets NV 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

JDE Peets NV 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 JDE Peets NV's Piotroski F-Score or its related term are showing as below:

XAMS:JDEP' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 7

During the past 8 years, the highest Piotroski F-Score of JDE Peets NV was 8. The lowest was 5. And the median was 7.


JDE Peets NV Piotroski F-Score Historical Data

The historical data trend for JDE Peets NV'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.

JDE Peets NV Piotroski F-Score Chart

JDE Peets NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial 6.00 5.00 7.00 7.00 -

JDE Peets NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 - 7.00 - -

Competitive Comparison of JDE Peets NV's Piotroski F-Score

For the Packaged Foods subindustry, JDE Peets NV'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.


JDE Peets NV's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JDE Peets NV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where JDE Peets NV'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 (Dec22) TTM:Last Year (Dec21) TTM:
Net Income was €771 Mil.
Cash Flow from Operations was €1,606 Mil.
Revenue was €8,151 Mil.
Gross Profit was €3,005 Mil.
Average Total Assets from the begining of this year (Dec21)
to the end of this year (Dec22) was (21623 + 22626) / 2 = €22124.5 Mil.
Total Assets at the begining of this year (Dec21) was €21,623 Mil.
Long-Term Debt & Capital Lease Obligation was €4,888 Mil.
Total Current Assets was €3,222 Mil.
Total Current Liabilities was €5,049 Mil.
Net Income was €765 Mil.

Revenue was €7,001 Mil.
Gross Profit was €2,973 Mil.
Average Total Assets from the begining of last year (Dec20)
to the end of last year (Dec21) was (20736 + 21623) / 2 = €21179.5 Mil.
Total Assets at the begining of last year (Dec20) was €20,736 Mil.
Long-Term Debt & Capital Lease Obligation was €4,784 Mil.
Total Current Assets was €2,313 Mil.
Total Current Liabilities was €3,989 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.

JDE Peets NV'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.

JDE Peets NV's current Cash Flow from Operations (TTM) was 1,606. ==> 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 (Dec21)
=771/21623
=0.03565648

ROA (Last Year)=Net Income/Total Assets (Dec20)
=765/20736
=0.03689236

JDE Peets NV's return on assets of this year was 0.03565648. JDE Peets NV's return on assets of last year was 0.03689236. ==> 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.

JDE Peets NV's current Net Income (TTM) was 771. JDE Peets NV's current Cash Flow from Operations (TTM) was 1,606. ==> 1,606 > 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: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=4888/22124.5
=0.22093155

Gearing (Last Year: Dec21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec20 to Dec21
=4784/21179.5
=0.2258788

JDE Peets NV's gearing of this year was 0.22093155. JDE Peets NV's gearing of last year was 0.2258788. ==> 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: Dec22)=Total Current Assets/Total Current Liabilities
=3222/5049
=0.63814617

Current Ratio (Last Year: Dec21)=Total Current Assets/Total Current Liabilities
=2313/3989
=0.57984457

JDE Peets NV's current ratio of this year was 0.63814617. JDE Peets NV's current ratio of last year was 0.57984457. ==> 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.

JDE Peets NV's number of shares in issue this year was 497.082. JDE Peets NV's number of shares in issue last year was 506.834. ==> 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
=3005/8151
=0.36866642

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2973/7001
=0.42465362

JDE Peets NV's gross margin of this year was 0.36866642. JDE Peets NV's gross margin of last year was 0.42465362. ==> Last year's gross margin is higher ==> Score 0.

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 (Dec21)
=8151/21623
=0.37695972

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec20)
=7001/20736
=0.33762539

JDE Peets NV's asset turnover of this year was 0.37695972. JDE Peets NV's asset turnover of last year was 0.33762539. ==> 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+1+1+0+1
=7

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

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

JDE Peets NV  (XAMS:JDEP) 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.


JDE Peets NV Piotroski F-Score Related Terms

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JDE Peets NV (XAMS:JDEP) Business Description

Traded in Other Exchanges
Address
Oosterdoksstraat 80, Amsterdam, NH, NLD, 1011 DK
Formed by a merger of D.E. Master Blenders and Mondelez International's coffee assets in 2015 and augmented by the acquisition of Peet's Coffee in 2019, JDE Peet's is the world's largest pure-play coffee and tea group by revenue, with operations in more than 100 developed and emerging countries. Its portfolio of over 50 brands includes global labels such as Peet's, Jacobs, L'Or, Senseo, Tassimo, and Pickwick; regional brands like Douwe Egberts, Stumptown, Kenco, Moccona, Intelligentsia, OldTown, Super, and Ofcay; and local marques such as Maison du Cafe in France, Harris in Australia, and Mighty Leaf Tea in the U.S. Offerings reach across the CPG, out-of-home, retail, and online channels. JDE Peet's was first listed in 2020, with Acorn Holdings and Mondelez owning the majority of shares.

JDE Peets NV (XAMS:JDEP) Headlines

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