Modon Holding PSCADX:MODON +0.67%82 Piotroski F-Score is 4 as of Jul. 11, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates ADX:MODON with a GF Score™ of 82/100 and a GF Value™ of د.إ15.83 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,754 Real Estate companies, Modon Holding PSC ranks worse than 62.2% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Modon Holding PSC has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Modon Holding PSC's Piotroski F-Score or its related term are showing as below:
ADX:MODON'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 4
During the past 10 years, the highest Piotroski F-Score of Modon Holding PSC was 6. The lowest was 3. And the median was 5.
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.
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.
Modon Holding PSC Piotroski F-Score Related Terms
Modon Holding PSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Modon Holding PSC'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.
ADX:MODON vs CBRE, BEKE, JLL: Piotroski F-Score Comparison
For the Real Estate Services subindustry, Modon Holding PSC'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.
Modon Holding PSC Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Modon Holding PSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Modon Holding PSC's Piotroski F-Score falls into.
* 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.
*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.
Modon Holding PSC's current Net Income (TTM) was 4,020.
==> 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.
Modon Holding PSC's return on assets of this year was 0.05294813. Modon Holding PSC's return on assets of last year was 0.4421733.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Modon Holding PSC's gearing of this year was 0.06323508. Modon Holding PSC's gearing of last year was 0.10691046.
==> 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
Modon Holding PSC's current ratio of this year was 2.78357779. Modon Holding PSC's current ratio of last year was 3.30476299.
==> 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.
Modon Holding PSC's number of shares in issue this year was 16347.08. Modon Holding PSC's number of shares in issue last year was 14864.849.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Modon Holding PSC's gross margin of this year was 0.36338901. Modon Holding PSC's gross margin of last year was 0.35577365.
==> 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
Modon Holding PSC's asset turnover of this year was 0.18213787. Modon Holding PSC's asset turnover of last year was 0.30553035.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Modon Holding PSC has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Modon Holding PSC (ADX:MODON) has a Piotroski F-Score of 4 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Modon Holding PSC and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Modon Holding PSC's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Modon Holding PSC ranks #1091 out of 1754 companies in the Real Estate industry, placing it in the top 62.2%.
Is Modon Holding PSC's Piotroski F-Score too high?
Modon Holding PSC's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. Modon Holding PSC's value of 4 is 20% below this industry median. Based on the distribution chart, Modon Holding PSC ranks #1091 out of 1754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Modon Holding PSC has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modon Holding PSC's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Modon Holding PSC ranks #1091 out of 1754 companies for Piotroski F-Score. This places Modon Holding PSC in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Modon Holding PSC's value of 4 is 20% below this benchmark. Historically, Modon Holding PSC's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Modon Holding PSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,754 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modon Holding PSC's current Piotroski F-Score of 4 is 20% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Modon Holding PSC and its competitors. For the Real Estate industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modon Holding PSC's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modon Holding PSC stock overvalued right now?
Based on GuruFocus' analysis, Modon Holding PSC (ADX:MODON) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ15.83, compared to a current price of د.إ3.00 — trading 81% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Real Estate industry median of 5.00. Modon Holding PSC's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Modon Holding PSC (ADX:MODON), the current Piotroski F-Score is 4 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Modon Holding PSC (ADX:MODON) Overvalued in 2026?
Based on GuruFocus' analysis, Modon Holding PSC stock appears to be undervalued.
The current stock price of د.إ3.00 is trading 81% below its estimated GF Value™ of د.إ15.83.
GuruFocus considers Modon Holding PSC to be Significantly Undervalued.
Key valuation signals for ADX:MODON:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: د.إ15.83 vs. price of د.إ3.00 (81% below fair value)
Industry Position: 20% below the Real Estate median (#1091 of 1754)
No single metric tells the full story. See the ADX:MODON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modon Holding PSC, and its subsidiaries, operate across multiple business activities, including the development, management, sales, leasing and other associated services for real estate. The company is also engaged in the development, management and operations of hotels and exhibition venues, with a portfolio of assets under management across retail, residential, commercial, and sports & leisure. The company's reportable segments are: i) Real Estate Development, ii) Asset and Investment Management, iii) Hospitality, and iv) Events, Catering and Tourism. The majority of revenue is derived from the Real Estate Development segment, which involves master planning, development, sales, and management of real estate projects in the UAE and international markets.
82GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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