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Al Soor Fuel Marketing Co KSC (KUW:SOOR) Piotroski F-Score : 7 (As of Apr. 07, 2025)


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What is Al Soor Fuel Marketing Co KSC Piotroski F-Score?

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

Al Soor Fuel Marketing Co KSC 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 Al Soor Fuel Marketing Co KSC's Piotroski F-Score or its related term are showing as below:

KUW:SOOR' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Al Soor Fuel Marketing Co KSC was 8. The lowest was 3. And the median was 7.


Al Soor Fuel Marketing Co KSC Piotroski F-Score Historical Data

The historical data trend for Al Soor Fuel Marketing Co KSC'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.

Al Soor Fuel Marketing Co KSC Piotroski F-Score Chart

Al Soor Fuel Marketing Co KSC 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 4.00 8.00 7.00 7.00 7.00

Al Soor Fuel Marketing Co KSC 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 5.00 6.00 7.00

Competitive Comparison of Al Soor Fuel Marketing Co KSC's Piotroski F-Score

For the Oil & Gas Refining & Marketing subindustry, Al Soor Fuel Marketing Co KSC'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.


Al Soor Fuel Marketing Co KSC's Piotroski F-Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Soor Fuel Marketing Co KSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Al Soor Fuel Marketing Co KSC'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 1.075 + 1.557 + 2.139 + 0.067 = KWD4.8 Mil.
Cash Flow from Operations was 3.753 + 1.709 + 0.473 + 0.956 = KWD6.9 Mil.
Revenue was 36.524 + 38.203 + 38.182 + 40.311 = KWD153.2 Mil.
Gross Profit was 0.595 + 0.764 + 0.692 + -0.246 = KWD1.8 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(99.895 + 104.592 + 104.71 + 106.104 + 111.3) / 5 = KWD105.3202 Mil.
Total Assets at the begining of this year (Dec23) was KWD99.9 Mil.
Long-Term Debt & Capital Lease Obligation was KWD4.5 Mil.
Total Current Assets was KWD79.5 Mil.
Total Current Liabilities was KWD22.1 Mil.
Net Income was 1.249 + 1.619 + 0.671 + 0.59 = KWD4.1 Mil.

Revenue was 38.942 + 39.509 + 38.761 + 40.528 = KWD157.7 Mil.
Gross Profit was 0.897 + 0.751 + 0.478 + 0.846 = KWD3.0 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(91.095 + 99.883 + 101.313 + 103.079 + 99.895) / 5 = KWD99.053 Mil.
Total Assets at the begining of last year (Dec22) was KWD91.1 Mil.
Long-Term Debt & Capital Lease Obligation was KWD5.5 Mil.
Total Current Assets was KWD65.6 Mil.
Total Current Liabilities was KWD22.3 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.

Al Soor Fuel Marketing Co KSC's current Net Income (TTM) was 4.8. ==> 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.

Al Soor Fuel Marketing Co KSC's current Cash Flow from Operations (TTM) was 6.9. ==> 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)
=4.838/99.895
=0.04843085

ROA (Last Year)=Net Income/Total Assets (Dec22)
=4.129/91.095
=0.04532631

Al Soor Fuel Marketing Co KSC's return on assets of this year was 0.04843085. Al Soor Fuel Marketing Co KSC's return on assets of last year was 0.04532631. ==> 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.

Al Soor Fuel Marketing Co KSC's current Net Income (TTM) was 4.8. Al Soor Fuel Marketing Co KSC's current Cash Flow from Operations (TTM) was 6.9. ==> 6.9 > 4.8 ==> 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
=4.522/105.3202
=0.04293573

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=5.503/99.053
=0.05555612

Al Soor Fuel Marketing Co KSC's gearing of this year was 0.04293573. Al Soor Fuel Marketing Co KSC's gearing of last year was 0.05555612. ==> 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
=79.515/22.077
=3.60171219

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=65.613/22.275
=2.94558923

Al Soor Fuel Marketing Co KSC's current ratio of this year was 3.60171219. Al Soor Fuel Marketing Co KSC's current ratio of last year was 2.94558923. ==> 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.

Al Soor Fuel Marketing Co KSC's number of shares in issue this year was 404.592. Al Soor Fuel Marketing Co KSC's number of shares in issue last year was 404.592. ==> 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
=1.805/153.22
=0.01178045

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2.972/157.74
=0.01884113

Al Soor Fuel Marketing Co KSC's gross margin of this year was 0.01178045. Al Soor Fuel Marketing Co KSC's gross margin of last year was 0.01884113. ==> 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)
=153.22/99.895
=1.5338105

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=157.74/91.095
=1.73159888

Al Soor Fuel Marketing Co KSC's asset turnover of this year was 1.5338105. Al Soor Fuel Marketing Co KSC's asset turnover of last year was 1.73159888. ==> 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+1+1+1+1+1+0+0
=7

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

Al Soor Fuel Marketing Co KSC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Al Soor Fuel Marketing Co KSC  (KUW:SOOR) 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.


Al Soor Fuel Marketing Co KSC Piotroski F-Score Related Terms

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Al Soor Fuel Marketing Co KSC Business Description

Traded in Other Exchanges
N/A
Address
AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144
Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

Al Soor Fuel Marketing Co KSC Headlines

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