Howard Hughes Holdings (MEX:HHH) Piotroski F-Score: 6 (As of Aug. 12, 2026) — 20% Above Median

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MEX:HHH Howard Hughes Holdings Inc MEX:HHH
58 GF Score
Price MXN1,128.00
GF Value MXN1,718.17
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Howard Hughes Holdings Piotroski F-Score?

Howard Hughes Holdings MEX:HHH 58 Piotroski F-Score is 6 as of Aug. 12, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates MEX:HHH with a GF Score™ of 58/100 and a GF Value™ of MXN1,718.17 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,749 Real Estate companies, Howard Hughes Holdings ranks better than 79.19% 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

Howard Hughes Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Howard Hughes Holdings's Piotroski F-Score or its related term are showing as below:

MEX:HHH' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Howard Hughes Holdings was 8. The lowest was 1. And the median was 5.

Howard Hughes Holdings  (MEX:HHH) 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.


Howard Hughes Holdings Piotroski F-Score Related Terms


Howard Hughes Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Howard Hughes Holdings'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.

Howard Hughes Holdings Piotroski F-Score Chart

Howard Hughes Holdings 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 6.00 7.00 2.00 7.00 6.00

Howard Hughes Holdings 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 7.00 7.00 6.00 5.00 6.00

MEX:HHH vs CCS, FOR, FPH: Piotroski F-Score Comparison

For the Real Estate - Development subindustry, Howard Hughes Holdings'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.


Howard Hughes Holdings Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Howard Hughes Holdings's Piotroski F-Score falls into.


MEX:HHH
58GF Score
Howard Hughes Holdings Inc MEX:HHH
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 2192.279 + 108.034 + 148.337 + 2763.311 = MXN5,212 Mil.
Cash Flow from Operations was 2747.191 + 6486.788 + -4136.774 + 8838.529 = MXN13,936 Mil.
Revenue was 7158.549 + 11243.641 + 4254.22 + 19583.484 = MXN42,240 Mil.
Gross Profit was 4592.03 + 2438.782 + 2322.251 + 5684.343 = MXN15,037 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(193897.057 + 196211.746 + 191570.943 + 202833.884 + 277614.34) / 5 = MXN212425.594 Mil.
Total Assets at the begining of this year (Jun25) was MXN193,897 Mil.
Long-Term Debt & Capital Lease Obligation was MXN95,340 Mil.
Total Current Assets was MXN108,914 Mil.
Total Current Liabilities was MXN39,192 Mil.
Net Income was 1432.863 + 3260.121 + 215.486 + -228.662 = MXN4,680 Mil.

Revenue was 6441.623 + 20513.458 + 4077.892 + 4912.162 = MXN35,945 Mil.
Gross Profit was 3493.197 + 6611.486 + 2205.067 + 2805.701 = MXN15,115 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(181432.975 + 185848.629 + 192106.775 + 190043.974 + 193897.057) / 5 = MXN188665.882 Mil.
Total Assets at the begining of last year (Jun24) was MXN181,433 Mil.
Long-Term Debt & Capital Lease Obligation was MXN98,461 Mil.
Total Current Assets was MXN46,773 Mil.
Total Current Liabilities was MXN10,794 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.

Howard Hughes Holdings's current Net Income (TTM) was 5,212. ==> 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.

Howard Hughes Holdings's current Cash Flow from Operations (TTM) was 13,936. ==> 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)
=5211.961/193897.057
=0.02688004

ROA (Last Year)=Net Income/Total Assets (Jun24)
=4679.808/181432.975
=0.02579359

Howard Hughes Holdings's return on assets of this year was 0.02688004. Howard Hughes Holdings's return on assets of last year was 0.02579359. ==> 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.

Howard Hughes Holdings's current Net Income (TTM) was 5,212. Howard Hughes Holdings's current Cash Flow from Operations (TTM) was 13,936. ==> 13,936 > 5,212 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=95340.324/212425.594
=0.4488175

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=98461.464/188665.882
=0.52188272

Howard Hughes Holdings's gearing of this year was 0.4488175. Howard Hughes Holdings's gearing of last year was 0.52188272. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=108913.57/39192.024
=2.77897283

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=46773.201/10793.801
=4.3333392

Howard Hughes Holdings's current ratio of this year was 2.77897283. Howard Hughes Holdings's current ratio of last year was 4.3333392. ==> 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.

Howard Hughes Holdings's number of shares in issue this year was 59.154. Howard Hughes Holdings's number of shares in issue last year was 55.329. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=15037.406/42239.894
=0.35600009

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15115.451/35945.135
=0.42051451

Howard Hughes Holdings's gross margin of this year was 0.35600009. Howard Hughes Holdings's gross margin of last year was 0.42051451. ==> 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 (Jun25)
=42239.894/193897.057
=0.21784701

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=35945.135/181432.975
=0.19811798

Howard Hughes Holdings's asset turnover of this year was 0.21784701. Howard Hughes Holdings's asset turnover of last year was 0.19811798. ==> 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+0+0+1
=6

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

Howard Hughes Holdings has an F-score of 6 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 6 mean?
Howard Hughes Holdings (MEX:HHH) has a Piotroski F-Score of 6 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Howard Hughes Holdings and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Howard Hughes Holdings' Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Howard Hughes Holdings ranks #364 out of 1749 companies in the Real Estate industry, placing it in the top 20.8%.
Is Howard Hughes Holdings' Piotroski F-Score too high?
Howard Hughes Holdings' current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. Howard Hughes Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Howard Hughes Holdings ranks #364 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Howard Hughes Holdings has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' Piotroski F-Score compare to CCS and FOR?
According to the Real Estate industry distribution chart, Howard Hughes Holdings ranks #364 out of 1749 companies for Piotroski F-Score. This places Howard Hughes Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Howard Hughes Holdings' value of 6 is 20% above this benchmark. Historically, Howard Hughes Holdings' own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Howard Hughes Holdings 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 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. Howard Hughes Holdings's current Piotroski F-Score of 6 is 20% 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 Howard Hughes Holdings 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. Howard Hughes Holdings's current Piotroski F-Score is 6, which is 20% above 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 Howard Hughes Holdings stock overvalued right now?
Based on GuruFocus' analysis, Howard Hughes Holdings (MEX:HHH) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,718.17, compared to a current price of MXN1,128.00 — trading 34.3% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Real Estate industry median of 5.00. Howard Hughes Holdings' overall GF Score™ is 58/100 with 7 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 Howard Hughes Holdings (MEX:HHH), the current Piotroski F-Score is 6 as of Aug. 12, 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 Howard Hughes Holdings (MEX:HHH) Overvalued in 2026?

Based on GuruFocus' analysis, Howard Hughes Holdings stock appears to be undervalued. The current stock price of MXN1,128.00 is trading 34.3% below its estimated GF Value™ of MXN1,718.17. GuruFocus considers Howard Hughes Holdings to be Possible Value Trap.

Key valuation signals for MEX:HHH:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: MXN1,718.17 vs. price of MXN1,128.00 (34.3% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 20% above the Real Estate median (#364 of 1749)

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


Howard Hughes Holdings Business Description

Address 9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc, through its subsidiary, operates a large-scale, mixed-use real estate platform focused on the development of master planned communities (MPCs), the investment in strategic real estate development opportunities, and the ownership and operation of income-producing properties. The group operates through three reportable business segments: Operating Assets, MPCs, and Strategic Developments. Maximum revenue is generated from the MPC segment, which consists of the development and sale of land in large-scale, long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona. Revenues are mainly generated through the sale of residential and commercial land to homebuilders and developers.
58GF Score

Get the complete analysis for MEX:HHH

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

MXN1,128.00
Price
MXN1,718.17
GF Value