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Senergy Holding Co KSCP (KUW:SENERGY) Piotroski F-Score : 8 (As of Apr. 17, 2025)


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What is Senergy Holding Co KSCP Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, 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

Senergy Holding Co KSCP has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

KUW:SENERGY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Senergy Holding Co KSCP was 8. The lowest was 2. And the median was 6.


Senergy Holding Co KSCP Piotroski F-Score Historical Data

The historical data trend for Senergy Holding Co KSCP'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.

Senergy Holding Co KSCP Piotroski F-Score Chart

Senergy Holding Co KSCP Annual Data
Trend Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 5.00 2.00 8.00

Senergy Holding Co KSCP 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 2.00 2.00 4.00 7.00 8.00

Competitive Comparison of Senergy Holding Co KSCP's Piotroski F-Score

For the Oil & Gas Equipment & Services subindustry, Senergy Holding Co KSCP'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.


Senergy Holding Co KSCP's Piotroski F-Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Senergy Holding Co KSCP's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Senergy Holding Co KSCP'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 -0.092 + 0.014 + 0.012 + 0.125 = KWD0.06 Mil.
Cash Flow from Operations was 0.494 + 0.151 + 0.088 + 0.553 = KWD1.29 Mil.
Revenue was 0.9 + 1.147 + 1.196 + 1.21 = KWD4.45 Mil.
Gross Profit was 0.051 + 0.28 + 0.227 + 0.23 = KWD0.79 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(15.284 + 15.121 + 14.583 + 14.573 + 14.987) / 5 = KWD14.9096 Mil.
Total Assets at the begining of this year (Dec23) was KWD15.28 Mil.
Long-Term Debt & Capital Lease Obligation was KWD0.89 Mil.
Total Current Assets was KWD4.91 Mil.
Total Current Liabilities was KWD2.78 Mil.
Net Income was 0.026 + -0.274 + -0.413 + -0.143 = KWD-0.80 Mil.

Revenue was 0.742 + 0.505 + 0.721 + 0.891 = KWD2.86 Mil.
Gross Profit was 0.244 + -0.075 + -0.199 + 0.01 = KWD-0.02 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(13.546 + 13.519 + 13.46 + 14.747 + 15.284) / 5 = KWD14.1112 Mil.
Total Assets at the begining of last year (Dec22) was KWD13.55 Mil.
Long-Term Debt & Capital Lease Obligation was KWD1.45 Mil.
Total Current Assets was KWD4.92 Mil.
Total Current Liabilities was KWD2.57 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.

Senergy Holding Co KSCP's current Net Income (TTM) was 0.06. ==> 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.

Senergy Holding Co KSCP's current Cash Flow from Operations (TTM) was 1.29. ==> 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)
=0.059/15.284
=0.00386025

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-0.804/13.546
=-0.05935331

Senergy Holding Co KSCP's return on assets of this year was 0.00386025. Senergy Holding Co KSCP's return on assets of last year was -0.05935331. ==> This year is higher. ==> Score 1.

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.

Senergy Holding Co KSCP's current Net Income (TTM) was 0.06. Senergy Holding Co KSCP's current Cash Flow from Operations (TTM) was 1.29. ==> 1.29 > 0.06 ==> 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
=0.89/14.9096
=0.05969308

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=1.454/14.1112
=0.10303872

Senergy Holding Co KSCP's gearing of this year was 0.05969308. Senergy Holding Co KSCP's gearing of last year was 0.10303872. ==> 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
=4.906/2.78
=1.7647482

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=4.916/2.569
=1.91358505

Senergy Holding Co KSCP's current ratio of this year was 1.7647482. Senergy Holding Co KSCP's current ratio of last year was 1.91358505. ==> 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.

Senergy Holding Co KSCP's number of shares in issue this year was 199.722. Senergy Holding Co KSCP's number of shares in issue last year was 199.722. ==> 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
=0.788/4.453
=0.17695935

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.02/2.859
=-0.00699545

Senergy Holding Co KSCP's gross margin of this year was 0.17695935. Senergy Holding Co KSCP's gross margin of last year was -0.00699545. ==> 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 (Dec23)
=4.453/15.284
=0.29135043

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=2.859/13.546
=0.21105862

Senergy Holding Co KSCP's asset turnover of this year was 0.29135043. Senergy Holding Co KSCP's asset turnover of last year was 0.21105862. ==> 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+1+1+1+0+1+1+1
=8

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

Senergy Holding Co KSCP has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Senergy Holding Co KSCP  (KUW:SENERGY) 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.


Senergy Holding Co KSCP Piotroski F-Score Related Terms

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Senergy Holding Co KSCP Business Description

Traded in Other Exchanges
N/A
Address
East Ahmadi, P.O. Box 9920, Block 8, Plot 42, Senergy Complex, Mezzanine, Kuwait, KWT, 61010
Senergy Holding Co KSCP is involved in providing oilfield services at different stages of the field development cycle. Its products and services include wireline and production logging, drilling services, perforating, well testing, and well stimulation among others. The company's segments are Investment management and Drilling and maintenance. The investment management segment is responsible for investing surplus funds in portfolios to maximise returns, incorporate or acquire subsidiaries expand the Group's operations, and maintain an adequate capital base to sustain the future development of the business. The Drilling and maintenance segment Supports activities for the drilling of oil wells and related maintenance.

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