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Hammadi Holding (SAU:4007) Piotroski F-Score : 7 (As of Mar. 15, 2025)


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What is Hammadi Holding 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

Hammadi Holding 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 Hammadi Holding's Piotroski F-Score or its related term are showing as below:

SAU:4007' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 7
Current: 7

During the past 11 years, the highest Piotroski F-Score of Hammadi Holding was 7. The lowest was 4. And the median was 7.


Hammadi Holding Piotroski F-Score Historical Data

The historical data trend for Hammadi 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.

Hammadi Holding Piotroski F-Score Chart

Hammadi Holding 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 7.00 7.00 5.00 7.00 7.00

Hammadi Holding 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 6.00 7.00 5.00 7.00

Competitive Comparison of Hammadi Holding's Piotroski F-Score

For the Medical Care Facilities subindustry, Hammadi 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.


Hammadi Holding's Piotroski F-Score Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hammadi Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hammadi 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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 64.041 + 117.871 + 79.126 + 77.762 = ﷼339 Mil.
Cash Flow from Operations was 142.879 + 105.949 + 143.107 + 72.137 = ﷼464 Mil.
Revenue was 277.04 + 263.458 + 290.593 + 322.79 = ﷼1,154 Mil.
Gross Profit was 91.057 + 85.74 + 96.051 + 109.606 = ﷼382 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(2594.448 + 2609.351 + 2586.504 + 2632.691 + 2650.766) / 5 = ﷼2614.752 Mil.
Total Assets at the begining of this year (Dec23) was ﷼2,594 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼269 Mil.
Total Current Assets was ﷼779 Mil.
Total Current Liabilities was ﷼225 Mil.
Net Income was 81.423 + 81.845 + 74.874 + 65.189 = ﷼303 Mil.

Revenue was 298.601 + 276.655 + 297.825 + 303.683 = ﷼1,177 Mil.
Gross Profit was 120.197 + 93.422 + 113.079 + 106.447 = ﷼433 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(2481.848 + 2555.248 + 2547.007 + 2586.296 + 2594.448) / 5 = ﷼2552.9694 Mil.
Total Assets at the begining of last year (Dec22) was ﷼2,482 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼281 Mil.
Total Current Assets was ﷼784 Mil.
Total Current Liabilities was ﷼274 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.

Hammadi Holding's current Net Income (TTM) was 339. ==> 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.

Hammadi Holding's current Cash Flow from Operations (TTM) was 464. ==> 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)
=338.8/2594.448
=0.13058654

ROA (Last Year)=Net Income/Total Assets (Dec22)
=303.331/2481.848
=0.12221981

Hammadi Holding's return on assets of this year was 0.13058654. Hammadi Holding's return on assets of last year was 0.12221981. ==> 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.

Hammadi Holding's current Net Income (TTM) was 339. Hammadi Holding's current Cash Flow from Operations (TTM) was 464. ==> 464 > 339 ==> 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
=269.215/2614.752
=0.10296005

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=281.255/2552.9694
=0.11016779

Hammadi Holding's gearing of this year was 0.10296005. Hammadi Holding's gearing of last year was 0.11016779. ==> 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
=779.132/224.914
=3.46413296

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=783.787/274.199
=2.85846046

Hammadi Holding's current ratio of this year was 3.46413296. Hammadi Holding's current ratio of last year was 2.85846046. ==> 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.

Hammadi Holding's number of shares in issue this year was 160. Hammadi Holding's number of shares in issue last year was 160. ==> 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
=382.454/1153.881
=0.33145012

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=433.145/1176.764
=0.36808145

Hammadi Holding's gross margin of this year was 0.33145012. Hammadi Holding's gross margin of last year was 0.36808145. ==> 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)
=1153.881/2594.448
=0.4447501

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=1176.764/2481.848
=0.4741483

Hammadi Holding's asset turnover of this year was 0.4447501. Hammadi Holding's asset turnover of last year was 0.4741483. ==> 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

Hammadi Holding has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Hammadi Holding  (SAU:4007) 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.


Hammadi Holding Piotroski F-Score Related Terms

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Hammadi Holding Business Description

Traded in Other Exchanges
N/A
Address
Al-Olaya, P.O. Box 10112, Riyadh, SAU, 11443
Hammadi Holding is engaged in the activities of wholesale and retail trading of medical equipment, pharmaceutical and cosmetic products, establishing, managing, and operating hospitals and medical centers, wholesale and retail trading of food and beverages, purchasing and rentals of lands for construction buildings and investing, initiating commercial centers, operating and maintaining them. The operating segment of the company are Medical Services and Pharmaceuticals Products segment. It generates maximum revenue from the Medical Services segment. The Medical Services segment includes fees for inpatient and outpatient services.

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