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Kuwait Hotels Co (KUW:KHOT) Piotroski F-Score : 5 (As of Apr. 12, 2025)


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What is Kuwait Hotels Co 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

Kuwait Hotels Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Kuwait Hotels Co's Piotroski F-Score or its related term are showing as below:

KUW:KHOT' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Kuwait Hotels Co was 8. The lowest was 5. And the median was 6.


Kuwait Hotels Co Piotroski F-Score Historical Data

The historical data trend for Kuwait Hotels Co'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.

Kuwait Hotels Co Piotroski F-Score Chart

Kuwait Hotels Co 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 6.00 8.00 5.00 7.00 5.00

Kuwait Hotels Co 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 7.00 5.00 4.00 3.00 5.00

Competitive Comparison of Kuwait Hotels Co's Piotroski F-Score

For the Lodging subindustry, Kuwait Hotels Co'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.


Kuwait Hotels Co's Piotroski F-Score Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Kuwait Hotels Co's Piotroski F-Score falls into.


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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 0.375 + 0.243 + 0.185 + 0.181 = KWD0.98 Mil.
Cash Flow from Operations was 0.153 + 0.051 + -0.675 + 2.219 = KWD1.75 Mil.
Revenue was 1.606 + 1.243 + 1.368 + 1.508 = KWD5.73 Mil.
Gross Profit was 0.548 + 0.384 + 0.408 + 0.349 = KWD1.69 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(8.361 + 8.378 + 10.034 + 13.516 + 12.597) / 5 = KWD10.5772 Mil.
Total Assets at the begining of this year (Dec23) was KWD8.36 Mil.
Long-Term Debt & Capital Lease Obligation was KWD0.00 Mil.
Total Current Assets was KWD6.01 Mil.
Total Current Liabilities was KWD5.57 Mil.
Net Income was 0.329 + 0.24 + 0.29 + 0.046 = KWD0.91 Mil.

Revenue was 1.324 + 1.328 + 1.38 + 1.357 = KWD5.39 Mil.
Gross Profit was 0.497 + 0.448 + 0.451 + 0.268 = KWD1.66 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(6.933 + 6.899 + 7.163 + 8.018 + 8.361) / 5 = KWD7.4748 Mil.
Total Assets at the begining of last year (Dec22) was KWD6.93 Mil.
Long-Term Debt & Capital Lease Obligation was KWD0.00 Mil.
Total Current Assets was KWD6.33 Mil.
Total Current Liabilities was KWD2.28 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.

Kuwait Hotels Co's current Net Income (TTM) was 0.98. ==> 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.

Kuwait Hotels Co's current Cash Flow from Operations (TTM) was 1.75. ==> 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)
=0.984/8.361
=0.11768927

ROA (Last Year)=Net Income/Total Assets (Dec22)
=0.905/6.933
=0.13053512

Kuwait Hotels Co's return on assets of this year was 0.11768927. Kuwait Hotels Co's return on assets of last year was 0.13053512. ==> 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.

Kuwait Hotels Co's current Net Income (TTM) was 0.98. Kuwait Hotels Co's current Cash Flow from Operations (TTM) was 1.75. ==> 1.75 > 0.98 ==> 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
=0/10.5772
=0

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/7.4748
=0

Kuwait Hotels Co's gearing of this year was 0. Kuwait Hotels Co's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

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
=6.01/5.567
=1.07957607

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=6.327/2.282
=2.77256792

Kuwait Hotels Co's current ratio of this year was 1.07957607. Kuwait Hotels Co's current ratio of last year was 2.77256792. ==> 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.

Kuwait Hotels Co's number of shares in issue this year was 56.433. Kuwait Hotels Co's number of shares in issue last year was 56.433. ==> 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
=1.689/5.725
=0.29502183

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.664/5.389
=0.30877714

Kuwait Hotels Co's gross margin of this year was 0.29502183. Kuwait Hotels Co's gross margin of last year was 0.30877714. ==> 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)
=5.725/8.361
=0.68472671

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=5.389/6.933
=0.77729699

Kuwait Hotels Co's asset turnover of this year was 0.68472671. Kuwait Hotels Co's asset turnover of last year was 0.77729699. ==> 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+1+1+0+1+0+0
=5

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

Kuwait Hotels Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Kuwait Hotels Co  (KUW:KHOT) 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.


Kuwait Hotels Co Piotroski F-Score Related Terms

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Kuwait Hotels Co Business Description

Traded in Other Exchanges
N/A
Address
Safat, P. O. Box 833, Kuwait City, KWT, 13009
Kuwait Hotels Co along with its subsidiaries is engaged in owning, operating and managing the hotel, commercial and residential properties. It also provides catering services, importing of durables, machinery and equipment, and investment activities. The company has two operating segments: Hotel management and Catering and manpower supply services.

Kuwait Hotels Co Headlines

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