GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dhofar International Development & Investment Holding (MUS:DIDI) » Definitions » Piotroski F-Score

Dhofar International Development & Investment Holding (MUS:DIDI) Piotroski F-Score : 5 (As of Mar. 31, 2025)


View and export this data going back to 1989. Start your Free Trial

What is Dhofar International Development & Investment Holding Piotroski F-Score?

The zones of discrimination were as such:

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

Dhofar International Development & Investment Holding 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 Dhofar International Development & Investment Holding's Piotroski F-Score or its related term are showing as below:

MUS:DIDI' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Dhofar International Development & Investment Holding was 9. The lowest was 3. And the median was 5.


Dhofar International Development & Investment Holding Piotroski F-Score Historical Data

The historical data trend for Dhofar International Development & Investment Holding'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.

Dhofar International Development & Investment Holding Piotroski F-Score Chart

Dhofar International Development & Investment Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 6.00 8.00 3.00

Dhofar International Development & Investment Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.00 3.00 4.00 5.00 5.00

Competitive Comparison of Dhofar International Development & Investment Holding's Piotroski F-Score

For the Asset Management subindustry, Dhofar International Development & Investment Holding'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.


Dhofar International Development & Investment Holding's Piotroski F-Score Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dhofar International Development & Investment Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dhofar International Development & Investment Holding's Piotroski F-Score falls into.


;
;

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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 3.869 + 3.153 + 0.641 + 1.271 = ر.ع8.93 Mil.
Cash Flow from Operations was 0.686 + -0.058 + 8.13 + -0.204 = ر.ع8.55 Mil.
Revenue was 0.235 + 1.12 + 0.066 + 0.07 = ر.ع1.49 Mil.
Gross Profit was -0.041 + 0.858 + -0.2 + -0.214 = ر.ع0.40 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(222.722 + 223.813 + 228.691 + 221.059 + 222.84) / 5 = ر.ع223.825 Mil.
Total Assets at the begining of this year (Sep23) was ر.ع222.72 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع77.26 Mil.
Total Current Assets was ر.ع3.34 Mil.
Total Current Liabilities was ر.ع10.42 Mil.
Net Income was 2.362 + 2.696 + -0.564 + 1.757 = ر.ع6.25 Mil.

Revenue was 2.813 + 1.323 + 0.12 + 0.255 = ر.ع4.51 Mil.
Gross Profit was 2.493 + 1.053 + -0.142 + -0.01 = ر.ع3.39 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(220.935 + 218.811 + 221.753 + 221.736 + 222.722) / 5 = ر.ع221.1914 Mil.
Total Assets at the begining of last year (Sep22) was ر.ع220.94 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع91.88 Mil.
Total Current Assets was ر.ع4.98 Mil.
Total Current Liabilities was ر.ع0.46 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.

Dhofar International Development & Investment Holding's current Net Income (TTM) was 8.93. ==> 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.

Dhofar International Development & Investment Holding's current Cash Flow from Operations (TTM) was 8.55. ==> 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 (Sep23)
=8.934/222.722
=0.04011279

ROA (Last Year)=Net Income/Total Assets (Sep22)
=6.251/220.935
=0.02829339

Dhofar International Development & Investment Holding's return on assets of this year was 0.04011279. Dhofar International Development & Investment Holding's return on assets of last year was 0.02829339. ==> 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.

Dhofar International Development & Investment Holding's current Net Income (TTM) was 8.93. Dhofar International Development & Investment Holding's current Cash Flow from Operations (TTM) was 8.55. ==> 8.55 <= 8.93 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=77.256/223.825
=0.34516252

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=91.876/221.1914
=0.41536877

Dhofar International Development & Investment Holding's gearing of this year was 0.34516252. Dhofar International Development & Investment Holding's gearing of last year was 0.41536877. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=3.336/10.423
=0.3200614

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=4.978/0.464
=10.72844828

Dhofar International Development & Investment Holding's current ratio of this year was 0.3200614. Dhofar International Development & Investment Holding's current ratio of last year was 10.72844828. ==> 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.

Dhofar International Development & Investment Holding's number of shares in issue this year was 409.246. Dhofar International Development & Investment Holding's number of shares in issue last year was 409.246. ==> 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
=0.403/1.491
=0.2702884

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.394/4.511
=0.75238306

Dhofar International Development & Investment Holding's gross margin of this year was 0.2702884. Dhofar International Development & Investment Holding's gross margin of last year was 0.75238306. ==> 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 (Sep23)
=1.491/222.722
=0.00669444

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=4.511/220.935
=0.02041777

Dhofar International Development & Investment Holding's asset turnover of this year was 0.00669444. Dhofar International Development & Investment Holding's asset turnover of last year was 0.02041777. ==> 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+0+1+0+1+0+0
=5

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

Dhofar International Development & Investment Holding has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Dhofar International Development & Investment Holding  (MUS:DIDI) 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.


Dhofar International Development & Investment Holding Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Dhofar International Development & Investment Holding's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Dhofar International Development & Investment Holding Business Description

Traded in Other Exchanges
N/A
Address
DIDIC Building, 23rd July Street, P.O.Box: 2163, Salalah, OMN, 211
Dhofar International Development & Investment Holding is an investment company operating in Oman whose objective is promoting economic and industrial development in Oman through investment in various viable investment projects of all sectors while maximizing returns to its shareholders. It invests in subsidiaries, associates, and other assets. The firm recognizes its revenue from interest, dividends, and gains on the appreciation in the value of investments. Its segments include Strategic Investments, Non-Strategic Investments, and Hospitality.

Dhofar International Development & Investment Holding Headlines

No Headlines