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Mir Akhter Hossain (DHA:MIRAKHTER) Piotroski F-Score


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Mir Akhter Hossain does not have enough data to calculate Piotroski F-Score.


Mir Akhter Hossain (DHA:MIRAKHTER) Piotroski F-Score Historical Data

The historical data trend for Mir Akhter Hossain'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.

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Mir Akhter Hossain Annual Data
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Mir Akhter Hossain Semi-Annual Data
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Mir Akhter Hossain (DHA:MIRAKHTER) Piotroski F-Score Competitive Comparison

For the Engineering & Construction subindustry, Mir Akhter Hossain'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.

   

Mir Akhter Hossain (DHA:MIRAKHTER) Piotroski F-Score Distribution

For the Construction industry and Industrials sector, Mir Akhter Hossain's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mir Akhter Hossain's Piotroski F-Score falls into.


Mir Akhter Hossain  (DHA:MIRAKHTER) 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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Mir Akhter Hossain (DHA:MIRAKHTER) Business Description

Mir Akhter Hossain logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
71-72 Old Elephant Road, Eskaton Garden, Red Crescent Borak Tower, Level 7-10, Dhaka, BGD, 1000
Mir Akhter Hossain Ltd is an engineering and construction company that operates in projects including constructions of roads, bridges, highways, railway tracks, airports, discharge channels, 5-star luxury hotels, civil construction of power plants, functional buildings, factory buildings, and complex infrastructural projects. The company is also engaged in gas pad drilling using utility rigs, river dredging, the manufacturing of railway sleepers and poles, and soil stabilization.

Mir Akhter Hossain (DHA:MIRAKHTER) Headlines

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