Home REIT (LSE:HOME) Piotroski F-Score

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What is Home REIT Piotroski F-Score?

Home REIT does not have enough data to calculate Piotroski F-Score.

Home REIT Piotroski F-Score Historical Data

The historical data trend for Home REIT's Piotroski F-Score can be seen below:

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Home REIT Piotroski F-Score Chart

Home REIT Annual Data

Trend

Aug21

Piotroski F-Score

Home REIT Semi-Annual Data
	Feb21	Aug21	Feb22
Piotroski F-Score	-	-	-

Home REIT (LSE:HOME) 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.

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Home REIT (LSE:HOME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Home REIT PLC (LSE:HOME) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, 125 London Wall, London, GBR, EC2Y 5AS

Website

https://www.homereituk.com

Home REIT PLC operates as a real estate investment company. The company invests in a diversified portfolio of homeless accommodation assets, let or pre-let to registered charities, housing associations, community interest companies and other regulated organisations that receive housing benefit or comparable funding from local or central government, on very long-term and index-linked leases. The investment objective is to deliver inflation-protected income and capital growth over the medium term for shareholders.