City Lodge HotelsJSE:CLH +1.15%58 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 133% above its 10-year median of 3.00. GuruFocus rates JSE:CLH with a GF Score™ of 58/100 and a GF Value™ of R5.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 840 Travel & Leisure companies, City Lodge Hotels ranks better than 88.57% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
City Lodge Hotels has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for City Lodge Hotels's Piotroski F-Score or its related term are showing as below:
JSE:CLH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of City Lodge Hotels was 8. The lowest was 1. And the median was 3.
City Lodge Hotels (JSE:CLH) 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.
City Lodge Hotels Piotroski F-Score Related Terms
City Lodge Hotels Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for City Lodge Hotels'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.
JSE:CLH vs MAR, HLT, H: Piotroski F-Score Comparison
For the Lodging subindustry, City Lodge 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.
City Lodge Hotels Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, City Lodge Hotels's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where City Lodge 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.
City Lodge Hotels's current Net Income (TTM) was 213.
==> 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.
City Lodge Hotels's return on assets of this year was 0.07186065. City Lodge Hotels's return on assets of last year was 0.0585677.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
City Lodge Hotels's gearing of this year was 0.45670375. City Lodge Hotels's gearing of last year was 0.43210495.
==> 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
City Lodge Hotels's current ratio of this year was 0.53789209. City Lodge Hotels's current ratio of last year was 0.60299276.
==> 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.
City Lodge Hotels's number of shares in issue this year was 555.511. City Lodge Hotels's number of shares in issue last year was 567.78.
==> 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.
City Lodge Hotels's gross margin of this year was 0.42000951. City Lodge Hotels's gross margin of last year was 0.41981665.
==> 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
City Lodge Hotels's asset turnover of this year was 0.67395399. City Lodge Hotels's asset turnover of last year was 0.59929489.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
City Lodge Hotels has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
City Lodge Hotels (JSE:CLH) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on City Lodge Hotels and its competitors. This is 133% above median its historical median of 3.00. Over the past decade, City Lodge Hotels' Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, City Lodge Hotels ranks #96 out of 840 companies in the Travel & Leisure industry, placing it in the top 11.4%.
Is City Lodge Hotels' Piotroski F-Score too high?
City Lodge Hotels' current Piotroski F-Score of 7 is 133% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. City Lodge Hotels' value of 7 is 40% above this industry median. Based on the distribution chart, City Lodge Hotels ranks #96 out of 840 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, City Lodge Hotels has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does City Lodge Hotels' Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, City Lodge Hotels ranks #96 out of 840 companies for Piotroski F-Score. This places City Lodge Hotels in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. City Lodge Hotels' value of 7 is 40% above this benchmark. Historically, City Lodge Hotels' own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, City Lodge 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 840 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. City Lodge Hotels's current Piotroski F-Score of 7 is 40% 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 City Lodge 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. City Lodge Hotels's current Piotroski F-Score is 7, which is 133% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Lodge Hotels stock overvalued right now?
Based on GuruFocus' analysis, City Lodge Hotels (JSE:CLH) is currently considered Modestly Undervalued. The stock's GF Value™ is R5.86, compared to a current price of R4.40 — trading 24.9% below its estimated fair value. The current Piotroski F-Score is 7, which is 133% above median its 10-year median of 3.00 and 40% above the Travel & Leisure industry median of 5.00. City Lodge Hotels' overall GF Score™ is 58/100 with 4 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 City Lodge Hotels (JSE:CLH), the current Piotroski F-Score is 7 as of Jun. 27, 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 City Lodge Hotels (JSE:CLH) Overvalued in 2026?
Based on GuruFocus' analysis, City Lodge Hotels stock appears to be undervalued.
The current stock price of R4.40 is trading 24.9% below its estimated GF Value™ of R5.86.
GuruFocus considers City Lodge Hotels to be Modestly Undervalued.
Key valuation signals for JSE:CLH:
Piotroski F-Score: 7 (133% above median its 10-year median of 3.00)
GF Value™: R5.86 vs. price of R4.40 (24.9% below fair value)
Industry Position: 40% above the Travel & Leisure median (#96 of 840)
No single metric tells the full story. See the JSE:CLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Lodge Hotels Ltd is a provider of lodging facilities in South Africa. The company's operating segment includes City Lodge; Town Lodge; Road Lodge; Courtyard Hotel; and the rest of Africa. It generates maximum revenue from the City Lodge segment.
58GF Score
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