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GMALF (Genting Malaysia Bhd) Piotroski F-Score : 4 (As of Mar. 23, 2025)


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What is Genting Malaysia Bhd 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

Genting Malaysia Bhd 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 Genting Malaysia Bhd's Piotroski F-Score or its related term are showing as below:

GMALF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Genting Malaysia Bhd was 8. The lowest was 2. And the median was 5.


Genting Malaysia Bhd Piotroski F-Score Historical Data

The historical data trend for Genting Malaysia Bhd'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.

Genting Malaysia Bhd Piotroski F-Score Chart

Genting Malaysia Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 7.00 6.00 8.00 4.00

Genting Malaysia Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.00 8.00 8.00 8.00 4.00

Competitive Comparison of Genting Malaysia Bhd's Piotroski F-Score

For the Resorts & Casinos subindustry, Genting Malaysia Bhd'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.


Genting Malaysia Bhd's Piotroski F-Score Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Genting Malaysia Bhd'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 12.256 + 17.462 + 133.737 + -102.717 = $61 Mil.
Cash Flow from Operations was 109.659 + 152.427 + 147.975 + 102.825 = $513 Mil.
Revenue was 586.445 + 566.822 + 645.976 + 612.018 = $2,411 Mil.
Gross Profit was 156.726 + 144.934 + 150.057 + 109.95 = $562 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(6250.751 + 6274.272 + 6564.634 + 6578.525 + 6408.264) / 5 = $6415.2892 Mil.
Total Assets at the begining of this year (Dec23) was $6,251 Mil.
Long-Term Debt & Capital Lease Obligation was $2,908 Mil.
Total Current Assets was $966 Mil.
Total Current Liabilities was $750 Mil.
Net Income was -6.133 + 10.178 + 37.886 + 51.447 = $93 Mil.

Revenue was 511.534 + 534.444 + 578.701 + 584.266 = $2,209 Mil.
Gross Profit was 119.181 + 131.202 + 149.686 + 155.284 = $555 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(6493.026 + 6367.631 + 6410.476 + 6335.356 + 6250.751) / 5 = $6371.448 Mil.
Total Assets at the begining of last year (Dec22) was $6,493 Mil.
Long-Term Debt & Capital Lease Obligation was $2,741 Mil.
Total Current Assets was $1,326 Mil.
Total Current Liabilities was $675 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.

Genting Malaysia Bhd's current Net Income (TTM) was 61. ==> 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.

Genting Malaysia Bhd's current Cash Flow from Operations (TTM) was 513. ==> 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 (Dec23)
=60.738/6250.751
=0.00971691

ROA (Last Year)=Net Income/Total Assets (Dec22)
=93.378/6493.026
=0.01438128

Genting Malaysia Bhd's return on assets of this year was 0.00971691. Genting Malaysia Bhd's return on assets of last year was 0.01438128. ==> 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.

Genting Malaysia Bhd's current Net Income (TTM) was 61. Genting Malaysia Bhd's current Cash Flow from Operations (TTM) was 513. ==> 513 > 61 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2907.968/6415.2892
=0.45328713

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2740.683/6371.448
=0.43015073

Genting Malaysia Bhd's gearing of this year was 0.45328713. Genting Malaysia Bhd's gearing of last year was 0.43015073. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=965.587/749.742
=1.28789237

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1326.063/675.268
=1.96375809

Genting Malaysia Bhd's current ratio of this year was 1.28789237. Genting Malaysia Bhd's current ratio of last year was 1.96375809. ==> 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.

Genting Malaysia Bhd's number of shares in issue this year was 5667.742. Genting Malaysia Bhd's number of shares in issue last year was 5665.272. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=561.667/2411.261
=0.23293497

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=555.353/2208.945
=0.25141097

Genting Malaysia Bhd's gross margin of this year was 0.23293497. Genting Malaysia Bhd's gross margin of last year was 0.25141097. ==> 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 (Dec23)
=2411.261/6250.751
=0.38575541

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=2208.945/6493.026
=0.3402027

Genting Malaysia Bhd's asset turnover of this year was 0.38575541. Genting Malaysia Bhd's asset turnover of last year was 0.3402027. ==> 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+0+0+0+0+1
=4

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

Genting Malaysia Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Genting Malaysia Bhd  (OTCPK:GMALF) 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.


Genting Malaysia Bhd Piotroski F-Score Related Terms

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Genting Malaysia Bhd Business Description

Traded in Other Exchanges
Address
Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd Headlines

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