Mabanee Co KPSC (KUW:MABANEE) Piotroski F-Score: 5 (As of Sep. 10, 2026) — Near Median

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KUW:MABANEE Mabanee Co KPSC KUW:MABANEE
54 GF Score
Price KWD0.95
GF Value KWD0.78
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Mabanee Co KPSC Piotroski F-Score?

Mabanee Co KPSC KUW:MABANEE 54 Piotroski F-Score is 5 as of Sep. 10, 2026, which is at its 10-year median of 5.00. GuruFocus rates KUW:MABANEE with a GF Score™ of 54/100 and a GF Value™ of KWD0.78 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,749 Real Estate companies, Mabanee Co KPSC ranks better than 59.52% 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

Mabanee Co KPSC 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 Mabanee Co KPSC's Piotroski F-Score or its related term are showing as below:

KUW:MABANEE' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Mabanee Co KPSC was 9. The lowest was 4. And the median was 5.

Mabanee Co KPSC  (KUW:MABANEE) 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.


Mabanee Co KPSC Piotroski F-Score Related Terms


Mabanee Co KPSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mabanee Co KPSC'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.

Mabanee Co KPSC Piotroski F-Score Chart

Mabanee Co KPSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 7.00 5.00 5.00

Mabanee Co KPSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.00 5.00 5.00 4.00 5.00

KUW:MABANEE vs JOE: Piotroski F-Score Comparison

For the Real Estate - Diversified subindustry, Mabanee Co KPSC'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.


Mabanee Co KPSC Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mabanee Co KPSC's Piotroski F-Score distribution charts can be found below:

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


KUW:MABANEE
54GF Score
Mabanee Co KPSC KUW:MABANEE
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 17.178 + 17.089 + 16.81 + 15.572 = KWD66.6 Mil.
Cash Flow from Operations was 12.87 + 31.22 + -25.743 + 17.785 = KWD36.1 Mil.
Revenue was 33.919 + 36.294 + 33.186 + 32.204 = KWD135.6 Mil.
Gross Profit was 20.56 + 21.555 + 19.923 + 19.04 = KWD81.1 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1760.395 + 1864.581 + 1951.229 + 2109.414 + 2201.58) / 5 = KWD1977.4398 Mil.
Total Assets at the begining of this year (Jun25) was KWD1,760.4 Mil.
Long-Term Debt & Capital Lease Obligation was KWD1,048.7 Mil.
Total Current Assets was KWD168.4 Mil.
Total Current Liabilities was KWD177.5 Mil.
Net Income was 16.574 + 15.981 + 33.411 + 16.884 = KWD82.9 Mil.

Revenue was 32.393 + 34.335 + 34.118 + 34.356 = KWD135.2 Mil.
Gross Profit was 19.494 + 19.735 + 19.388 + 20.614 = KWD79.2 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(1458.111 + 1507.003 + 1584.376 + 1662.297 + 1760.395) / 5 = KWD1594.4364 Mil.
Total Assets at the begining of last year (Jun24) was KWD1,458.1 Mil.
Long-Term Debt & Capital Lease Obligation was KWD617.8 Mil.
Total Current Assets was KWD162.1 Mil.
Total Current Liabilities was KWD268.6 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.

Mabanee Co KPSC's current Net Income (TTM) was 66.6. ==> 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.

Mabanee Co KPSC's current Cash Flow from Operations (TTM) was 36.1. ==> 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 (Jun25)
=66.649/1760.395
=0.03786025

ROA (Last Year)=Net Income/Total Assets (Jun24)
=82.85/1458.111
=0.05682009

Mabanee Co KPSC's return on assets of this year was 0.03786025. Mabanee Co KPSC's return on assets of last year was 0.05682009. ==> 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.

Mabanee Co KPSC's current Net Income (TTM) was 66.6. Mabanee Co KPSC's current Cash Flow from Operations (TTM) was 36.1. ==> 36.1 <= 66.6 ==> CFROA <= ROA ==> Score 0.

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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=1048.748/1977.4398
=0.53035647

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=617.787/1594.4364
=0.38746418

Mabanee Co KPSC's gearing of this year was 0.53035647. Mabanee Co KPSC's gearing of last year was 0.38746418. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=168.398/177.536
=0.94852875

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=162.073/268.588
=0.60342607

Mabanee Co KPSC's current ratio of this year was 0.94852875. Mabanee Co KPSC's current ratio of last year was 0.60342607. ==> 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.

Mabanee Co KPSC's number of shares in issue this year was 1567.594. Mabanee Co KPSC's number of shares in issue last year was 1567.596. ==> 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
=81.078/135.603
=0.59790713

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=79.231/135.202
=0.58601944

Mabanee Co KPSC's gross margin of this year was 0.59790713. Mabanee Co KPSC's gross margin of last year was 0.58601944. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=135.603/1760.395
=0.07702987

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=135.202/1458.111
=0.09272408

Mabanee Co KPSC's asset turnover of this year was 0.07702987. Mabanee Co KPSC's asset turnover of last year was 0.09272408. ==> 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+0+0+1+1+1+0
=5

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Mabanee Co KPSC (KUW:MABANEE) has a Piotroski F-Score of 5 as of Sep. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mabanee Co KPSC and its competitors. This is near median its historical median of 5.00. Over the past decade, Mabanee Co KPSC's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Mabanee Co KPSC ranks #708 out of 1749 companies in the Real Estate industry, placing it in the top 40.5%.
Is Mabanee Co KPSC's Piotroski F-Score too high?
Mabanee Co KPSC's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Real Estate industry median Piotroski F-Score is 5.00. Mabanee Co KPSC's value of 5 is 0% at this industry median. Based on the distribution chart, Mabanee Co KPSC ranks #708 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mabanee Co KPSC has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mabanee Co KPSC's Piotroski F-Score compare to JOE?
According to the Real Estate industry distribution chart, Mabanee Co KPSC ranks #708 out of 1749 companies for Piotroski F-Score. This puts Mabanee Co KPSC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mabanee Co KPSC's value of 5 is 0% at this benchmark. Historically, Mabanee Co KPSC's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Mabanee Co KPSC has consistently been at 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,749 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. Mabanee Co KPSC's current Piotroski F-Score of 5 is 0% at 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 Mabanee Co KPSC and its competitors. For the Real Estate 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. Mabanee Co KPSC's current Piotroski F-Score is 5, which is near 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 Mabanee Co KPSC stock overvalued right now?
Based on GuruFocus' analysis, Mabanee Co KPSC (KUW:MABANEE) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.78, compared to a current price of KWD0.95 — trading 22.3% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Real Estate industry median of 5.00. Mabanee Co KPSC's overall GF Score™ is 54/100 with 9 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 Mabanee Co KPSC (KUW:MABANEE), the current Piotroski F-Score is 5 as of Sep. 10, 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 Mabanee Co KPSC (KUW:MABANEE) Overvalued in 2026?

Based on GuruFocus' analysis, Mabanee Co KPSC stock appears to be overvalued. The current stock price of KWD0.95 is trading 22.3% above its estimated GF Value™ of KWD0.78. GuruFocus considers Mabanee Co KPSC to be Modestly Overvalued.

Key valuation signals for KUW:MABANEE:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: KWD0.78 vs. price of KWD0.95 (22.3% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 0% at the Real Estate median (#708 of 1749)

No single metric tells the full story. See the KUW:MABANEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mabanee Co KPSC Business Description

Address Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052
Mabanee Co KPSC is engaged in construction works and investing in construction, reconstruction and housing operations, and owns, sells and develops real estate properties and lands. Its activities include construction of buildings, establishing shopping malls, property sale, rent, management and maintenance, and owning and operating hotels and touristic utilities. The company operates through two reportable segments: Construction and real estate operations, which generate maximum revenue and include leasing of properties, real estate development, projects leasing and construction activity for self or others; and Hotel operations, which include hotel services provided through Hilton Garden Inn Hotel and Waldorf Astoria Hotel, Kuwait. The Group operates in Kuwait, Saudi Arabia and Bahrain.
54GF Score

Get the complete analysis for KUW:MABANEE

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.95
Price
KWD0.78
GF Value