The Hongkong and Shanghai HotelsHKSHY 66 Piotroski F-Score is 6 as of Jul. 03, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates HKSHY with a GF Score™ of 66/100 and a GF Value™ of $14.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 837 Travel & Leisure companies, The Hongkong and Shanghai Hotels ranks better than 72.28% 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
The Hongkong and Shanghai Hotels has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for The Hongkong and Shanghai Hotels's Piotroski F-Score or its related term are showing as below:
HKSHY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of The Hongkong and Shanghai Hotels was 7. The lowest was 1. And the median was 5.
The Hongkong and Shanghai Hotels (OTCPK:HKSHY) 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.
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.
The Hongkong and Shanghai Hotels Piotroski F-Score Related Terms
The Hongkong and Shanghai Hotels Piotroski F-Score Historical Data
* 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.
The Hongkong and Shanghai Hotels Piotroski F-Score Chart
HKSHY vs MAR, HLT, H: Piotroski F-Score Comparison
For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.
The Hongkong and Shanghai Hotels Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Hongkong and Shanghai Hotels'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.
The Hongkong and Shanghai Hotels's current Net Income (TTM) was 41.
==> 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.
The Hongkong and Shanghai Hotels's current Cash Flow from Operations (TTM) was 242.
==> 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.
The Hongkong and Shanghai Hotels's return on assets of this year was 0.00590108. The Hongkong and Shanghai Hotels's return on assets of last year was -0.01637171.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Hongkong and Shanghai Hotels's gearing of this year was 0.19123603. The Hongkong and Shanghai Hotels's gearing of last year was 0.15124985.
==> 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
The Hongkong and Shanghai Hotels's current ratio of this year was 0.3942432. The Hongkong and Shanghai Hotels's current ratio of last year was 0.35168886.
==> This year's current ratio is higher. ==> Score 1.
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.
The Hongkong and Shanghai Hotels's number of shares in issue this year was 83.35. The Hongkong and Shanghai Hotels's number of shares in issue last year was 82.95.
==> 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.
The Hongkong and Shanghai Hotels's gross margin of this year was 0.51767407. The Hongkong and Shanghai Hotels's gross margin of last year was 0.38347945.
==> 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
The Hongkong and Shanghai Hotels's asset turnover of this year was 0.14712067. The Hongkong and Shanghai Hotels's asset turnover of last year was 0.17864804.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Hongkong and Shanghai Hotels has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The Hongkong and Shanghai Hotels (HKSHY) has a Piotroski F-Score of 6 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Hongkong and Shanghai Hotels and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, The Hongkong and Shanghai Hotels' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, The Hongkong and Shanghai Hotels ranks #232 out of 837 companies in the Travel & Leisure industry, placing it in the top 27.7%.
Is The Hongkong and Shanghai Hotels' Piotroski F-Score too high?
The Hongkong and Shanghai Hotels' current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. The Hongkong and Shanghai Hotels' value of 6 is 20% above this industry median. Based on the distribution chart, The Hongkong and Shanghai Hotels ranks #232 out of 837 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, The Hongkong and Shanghai Hotels has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hongkong and Shanghai Hotels' Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Hongkong and Shanghai Hotels ranks #232 out of 837 companies for Piotroski F-Score. This puts The Hongkong and Shanghai Hotels in the upper half of its industry. The industry median Piotroski F-Score is 5.00. The Hongkong and Shanghai Hotels' value of 6 is 20% above this benchmark. Historically, The Hongkong and Shanghai Hotels' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, The Hongkong and Shanghai Hotels has consistently been above 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 837 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. The Hongkong and Shanghai Hotels's current Piotroski F-Score of 6 is 20% above 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 The Hongkong and Shanghai Hotels and its competitors. For the Travel & Leisure 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. The Hongkong and Shanghai Hotels's current Piotroski F-Score is 6, which is 20% above 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 The Hongkong and Shanghai Hotels stock overvalued right now?
Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels (HKSHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.93, compared to a current price of $13.35 — trading 10.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Travel & Leisure industry median of 5.00. The Hongkong and Shanghai Hotels' overall GF Score™ is 66/100 with 3 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 The Hongkong and Shanghai Hotels (HKSHY), the current Piotroski F-Score is 6 as of Jul. 03, 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 The Hongkong and Shanghai Hotels (HKSHY) Overvalued in 2026?
Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels stock appears to be undervalued.
The current stock price of $13.35 is trading 10.6% below its estimated GF Value™ of $14.93.
GuruFocus considers The Hongkong and Shanghai Hotels to be Modestly Undervalued.
Key valuation signals for HKSHY:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: $14.93 vs. price of $13.35 (10.6% below fair value)
Industry Position: 20% above the Travel & Leisure median (#232 of 837)
No single metric tells the full story. See the HKSHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Hongkong and Shanghai Hotels Business Description
The Hongkong and Shanghai Hotels Ltd is a luxury hospitality and real estate group. It owns and operates hotel properties under the Peninsula brand located in city centres across Asia, the U.S., and Europe. The company's assets comprise a small number of ultra-luxury hotels, real estate assets, and tourism assets, including The Peak Tram, one of Hong Kong's tourist attractions. The group's reportable segments are: Hotels, Commercial Properties, Peak Tram, Retail, and Others. Maximum revenue is generated from its Hotels segment, which includes revenue generated from operating hotels, leasing of commercial shopping arcades, and office premises located within the hotel buildings. Geographically, the group generates the majority of its revenue from Greater China.
66GF Score
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