Flagship Communities REITMHCUF 61 Piotroski F-Score is 5 as of Jul. 11, 2026, which is at its 10-year median of 5.00. GuruFocus rates MHCUF with a GF Score™ of 61/100 and a GF Value™ of $20.93 (Fairly Valued). The stock has 7 warning signs investors should review. Among 886 REITs companies, Flagship Communities REIT ranks worse than 54.06% 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
Flagship Communities REIT 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 Flagship Communities REIT's Piotroski F-Score or its related term are showing as below:
MHCUF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 5
During the past 8 years, the highest Piotroski F-Score of Flagship Communities REIT was 7. The lowest was 3. And the median was 5.
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.
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.
Flagship Communities REIT Piotroski F-Score Related Terms
Flagship Communities REIT Piotroski F-Score Historical Data
* 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.
MHCUF vs AVB, EQR, ESS: Piotroski F-Score Comparison
For the REIT - Residential subindustry, Flagship Communities REIT'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.
Flagship Communities REIT Piotroski F-Score vs REITs Industry
For the REITs industry and Real Estate sector, Flagship Communities REIT's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Flagship Communities REIT's Piotroski F-Score falls into.
* 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.
*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.
Flagship Communities REIT's current Net Income (TTM) was 127.3.
==> 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.
Flagship Communities REIT's current Cash Flow from Operations (TTM) was 66.3.
==> 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.
Flagship Communities REIT's return on assets of this year was 0.11284762. Flagship Communities REIT's return on assets of last year was 0.11030463.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Flagship Communities REIT's gearing of this year was 0.42261535. Flagship Communities REIT's gearing of last year was 0.39811441.
==> 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
Flagship Communities REIT's current ratio of this year was 0.1627921. Flagship Communities REIT's current ratio of last year was 0.13379664.
==> 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.
Flagship Communities REIT's number of shares in issue this year was 19.402. Flagship Communities REIT's number of shares in issue last year was 19.402.
==> 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.
Flagship Communities REIT's gross margin of this year was 0.65052822. Flagship Communities REIT's gross margin of last year was 0.65361164.
==> 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
Flagship Communities REIT's asset turnover of this year was 0.09614134. Flagship Communities REIT's asset turnover of last year was 0.09972813.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Flagship Communities REIT has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Flagship Communities REIT (MHCUF) has a Piotroski F-Score of 5 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Flagship Communities REIT and its competitors. This is near median its historical median of 5.00. Over the past decade, Flagship Communities REIT's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Flagship Communities REIT ranks #479 out of 886 companies in the REITs industry, placing it in the top 54.1%.
Is Flagship Communities REIT's Piotroski F-Score too high?
Flagship Communities REIT'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 3.00 to a high of 7.00. The REITs industry median Piotroski F-Score is 6.00. Flagship Communities REIT's value of 5 is 16.7% below this industry median. Based on the distribution chart, Flagship Communities REIT ranks #479 out of 886 companies in the REITs industry, which is below the industry midpoint. Overall, Flagship Communities REIT has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flagship Communities REIT's Piotroski F-Score compare to AVB and EQR?
According to the REITs industry distribution chart, Flagship Communities REIT ranks #479 out of 886 companies for Piotroski F-Score. This places Flagship Communities REIT in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Flagship Communities REIT's value of 5 is 16.7% below this benchmark. Historically, Flagship Communities REIT's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Flagship Communities REIT has consistently been below 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 886 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. Flagship Communities REIT's current Piotroski F-Score of 5 is 16.7% below 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 Flagship Communities REIT and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flagship Communities REIT'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 Flagship Communities REIT stock overvalued right now?
Based on GuruFocus' analysis, Flagship Communities REIT (MHCUF) is currently considered Fairly Valued. The stock's GF Value™ is $20.93, compared to a current price of $21.12 — trading 0.9% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the REITs industry median of 6.00. Flagship Communities REIT's overall GF Score™ is 61/100 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 Flagship Communities REIT (MHCUF), the current Piotroski F-Score is 5 as of Jul. 11, 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 Flagship Communities REIT (MHCUF) Overvalued in 2026?
Based on GuruFocus' analysis, Flagship Communities REIT stock appears to be overvalued.
The current stock price of $21.12 is trading 0.9% above its estimated GF Value™ of $20.93.
GuruFocus considers Flagship Communities REIT to be Fairly Valued.
Key valuation signals for MHCUF:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: $20.93 vs. price of $21.12 (0.9% above fair value)
Industry Position: 16.7% below the REITs median (#479 of 886)
No single metric tells the full story. See the MHCUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.
61GF Score
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