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Madinet Masr For Housing and Development (CAI:MASR) Piotroski F-Score : N/A (As of Dec. 14, 2024)


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What is Madinet Masr For Housing and Development Piotroski F-Score?

The zones of discrimination were as such:

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

Madinet Masr For Housing and Development 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 Madinet Masr For Housing and Development's Piotroski F-Score or its related term are showing as below:

During the past 10 years, the highest Piotroski F-Score of Madinet Masr For Housing and Development was 7. The lowest was 2. And the median was 4.


Madinet Masr For Housing and Development Piotroski F-Score Historical Data

The historical data trend for Madinet Masr For Housing and Development'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.

Madinet Masr For Housing and Development Piotroski F-Score Chart

Madinet Masr For Housing and Development Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 5.00 4.00 N/A N/A

Madinet Masr For Housing and Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 N/A N/A 7.00 N/A

Competitive Comparison of Madinet Masr For Housing and Development's Piotroski F-Score

For the Real Estate - Diversified subindustry, Madinet Masr For Housing and Development'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.


Madinet Masr For Housing and Development's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Madinet Masr For Housing and Development's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Madinet Masr For Housing and Development'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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 787.872 + 1178.672 + 275.634 + 1551.854 = E£3,794 Mil.
Cash Flow from Operations was 363.74 + 1733.105 + 39.906 + -854.686 = E£1,282 Mil.
Revenue was 3422.363 + 3076.339 + 1399.854 + 2977.394 = E£10,876 Mil.
Gross Profit was 2211.031 + 2417.53 + 951.531 + 2084.974 = E£7,665 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(0 + 18472.774 + 20751.68 + 20339.599 + 24264.148) / 5 = E£20957.05025 Mil.
Total Assets at the begining of this year (Sep23) was E£0 Mil.
Long-Term Debt & Capital Lease Obligation was E£867 Mil.
Total Current Assets was E£21,493 Mil.
Total Current Liabilities was E£13,699 Mil.
Net Income was 202.536 + 304.36 + 275.872 + 745.594 = E£1,528 Mil.

Revenue was 2254.554 + 1049.198 + 1226.28 + 2415.462 = E£6,945 Mil.
Gross Profit was 764.349 + 579.455 + 798.982 + 1492.974 = E£3,636 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(14109.224 + 13982.964 + 12882.845 + 13411.371 + 0) / 5 = E£13596.601 Mil.
Total Assets at the begining of last year (Sep22) was E£14,109 Mil.
Long-Term Debt & Capital Lease Obligation was E£51 Mil.
Total Current Assets was E£14,038 Mil.
Total Current Liabilities was E£8,355 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.

Madinet Masr For Housing and Development's current Net Income (TTM) was 3,794. ==> 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.

Madinet Masr For Housing and Development's current Cash Flow from Operations (TTM) was 1,282. ==> 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 (Sep23)
=3794.032/0
=

ROA (Last Year)=Net Income/Total Assets (Sep22)
=1528.362/14109.224
=0.1083236

Madinet Masr For Housing and Development's return on assets of this year was . Madinet Masr For Housing and Development's return on assets of last year was 0.1083236. ==> 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.

Madinet Masr For Housing and Development's current Net Income (TTM) was 3,794. Madinet Masr For Housing and Development's current Cash Flow from Operations (TTM) was 1,282. ==> 1,282 <= 3,794 ==> CFROA <= ROA ==> Score 0.

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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=867.369/20957.05025
=0.04138793

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=51.447/13596.601
=0.00378381

Madinet Masr For Housing and Development's gearing of this year was 0.04138793. Madinet Masr For Housing and Development's gearing of last year was 0.00378381. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=21492.507/13699.108
=1.56889828

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=14037.501/8354.581
=1.68021604

Madinet Masr For Housing and Development's current ratio of this year was 1.56889828. Madinet Masr For Housing and Development's current ratio of last year was 1.68021604. ==> 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.

Madinet Masr For Housing and Development's number of shares in issue this year was 2135. Madinet Masr For Housing and Development's number of shares in issue last year was 2477.058. ==> 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
=7665.066/10875.95
=0.70477209

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3635.76/6945.494
=0.52347032

Madinet Masr For Housing and Development's gross margin of this year was 0.70477209. Madinet Masr For Housing and Development's gross margin of last year was 0.52347032. ==> 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 (Sep23)
=10875.95/0
=

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=6945.494/14109.224
=0.49226619

Madinet Masr For Housing and Development's asset turnover of this year was . Madinet Masr For Housing and Development's asset turnover of last year was 0.49226619. ==> Last year's asset turnover is higher ==> Score 0.

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+0+0+0+1+1+0
=4

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

Madinet Masr For Housing and Development has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Madinet Masr For Housing and Development  (CAI:MASR) 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.


Madinet Masr For Housing and Development Piotroski F-Score Related Terms

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Madinet Masr For Housing and Development Business Description

Traded in Other Exchanges
N/A
Address
4 Youssif Abbas Street, District 2, Nasr City, Cairo, EGY
Madinet Masr For Housing and Development is a real estate development company. The company's activities include real estate development, constructing, leasing and selling the building. It also manages and invests in residential, tourist and entertainment facilities.

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