Tamkeen Human Resource Co (SAU:1835) Piotroski F-Score: N/A (As of Jul. 19, 2026)

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SAU:1835 Tamkeen Human Resource Co SAU:1835
20 GF Score
Price ﷼47.22
! 1 Warning Sign
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What is Tamkeen Human Resource Co 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

Tamkeen Human Resource Co 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 Tamkeen Human Resource Co's Piotroski F-Score or its related term are showing as below:

During the past 3 years, the highest Piotroski F-Score of Tamkeen Human Resource Co was 6. The lowest was 6. And the median was 6.

Tamkeen Human Resource Co  (SAU:1835) 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.


Tamkeen Human Resource Co Piotroski F-Score Related Terms


Tamkeen Human Resource Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tamkeen Human Resource Co'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.

Tamkeen Human Resource Co Piotroski F-Score Chart

Tamkeen Human Resource Co Annual Data
Trend Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00

Tamkeen Human Resource Co Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A 6.00 N/A

SAU:1835 vs KFY, RHI, TNET: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, Tamkeen Human Resource Co'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.


Tamkeen Human Resource Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Tamkeen Human Resource Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Tamkeen Human Resource Co's Piotroski F-Score falls into.


SAU:1835
20GF Score
Tamkeen Human Resource Co SAU:1835
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 26.699 + 23.933 + 18.844 + 25.771 = ﷼95 Mil.
Cash Flow from Operations was 46.774 + 8.634 + 43.816 + 45.535 = ﷼145 Mil.
Revenue was 265.191 + 254.161 + 251.946 + 266.182 = ﷼1,037 Mil.
Gross Profit was 46.6 + 43.965 + 40.503 + 42.882 = ﷼174 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(594.92 + 626.353 + 571.027 + 594.581 + 599.932) / 5 = ﷼597.3626 Mil.
Total Assets at the begining of this year (Mar25) was ﷼595 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼6 Mil.
Total Current Assets was ﷼511 Mil.
Total Current Liabilities was ﷼182 Mil.
Net Income was 18.65 + 25.185 + 23.103 + 25.626 = ﷼93 Mil.

Revenue was 169.308 + 193.873 + 213.082 + 242.816 = ﷼819 Mil.
Gross Profit was 32.354 + 33.481 + 38.193 + 49.034 = ﷼153 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(0 + 0 + 0 + 555.674 + 594.92) / 5 = ﷼575.297 Mil.
Total Assets at the begining of last year (Mar24) was ﷼0 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼8 Mil.
Total Current Assets was ﷼504 Mil.
Total Current Liabilities was ﷼158 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.

Tamkeen Human Resource Co's current Net Income (TTM) was 95. ==> 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.

Tamkeen Human Resource Co's current Cash Flow from Operations (TTM) was 145. ==> 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 (Mar25)
=95.247/594.92
=0.16010052

ROA (Last Year)=Net Income/Total Assets (Mar24)
=92.564/0
=

Tamkeen Human Resource Co's return on assets of this year was 0.16010052. Tamkeen Human Resource Co's return on assets of last year was . ==> 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.

Tamkeen Human Resource Co's current Net Income (TTM) was 95. Tamkeen Human Resource Co's current Cash Flow from Operations (TTM) was 145. ==> 145 > 95 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=5.766/597.3626
=0.00965243

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=7.571/575.297
=0.01316016

Tamkeen Human Resource Co's gearing of this year was 0.00965243. Tamkeen Human Resource Co's gearing of last year was 0.01316016. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=510.603/182.255
=2.80158569

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=504.241/158.373
=3.18388235

Tamkeen Human Resource Co's current ratio of this year was 2.80158569. Tamkeen Human Resource Co's current ratio of last year was 3.18388235. ==> 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.

Tamkeen Human Resource Co's number of shares in issue this year was 26.5. Tamkeen Human Resource Co's number of shares in issue last year was 26.5. ==> 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
=173.95/1037.48
=0.16766588

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=153.062/819.079
=0.18687086

Tamkeen Human Resource Co's gross margin of this year was 0.16766588. Tamkeen Human Resource Co's gross margin of last year was 0.18687086. ==> 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 (Mar25)
=1037.48/594.92
=1.74389834

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=819.079/0
=

Tamkeen Human Resource Co's asset turnover of this year was 1.74389834. Tamkeen Human Resource Co's asset turnover of last year was . ==> 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+0+1
=7

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

Tamkeen Human Resource Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.


Tamkeen Human Resource Co Business Description

Address North Ring Road, Exit 5, Building 3720, 2nd Floor, P.O. Box 4143, Al-Nafl District, Riyadh, SAU, 12333
Tamkeen Human Resource Co is engaged in providing manpower resources services to various sectors. The Group provides continuous support to each sector, from supplying skilled professionals to ensuring swift employment and addressing sector-specific requirements. Its main activity is in labour recruitment and providing manpower services in respect of labour, manpower for the public and private sectors, and local contracting. The Group's operating segments are: Corporate Sector, which generates the maximum revenue, and the Individuals Sector. Geographically, it operates only in the Kingdom of Saudi Arabia.
20GF Score

Get the complete analysis for SAU:1835

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﷼47.22
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