Minor International PCL (STU:8MI) Piotroski F-Score: 7 (As of Aug. 26, 2026) — 17% Above Median

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STU:8MI Minor International PCL STU:8MI
80 GF Score
Price €0.00
! 7 Warning Signs
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What is Minor International PCL Piotroski F-Score?

Minor International PCL STU:8MI 80 Piotroski F-Score is 7 as of Aug. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates STU:8MI with a GF Score™ of 80/100. The stock has 7 warning signs investors should review. Among 833 Travel & Leisure companies, Minor International PCL ranks better than 88.24% on this metric.

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

Minor International PCL 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 Minor International PCL's Piotroski F-Score or its related term are showing as below:

STU:8MI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Minor International PCL was 8. The lowest was 2. And the median was 6.

Minor International PCL  (STU:8MI) 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.


Minor International PCL Piotroski F-Score Related Terms


Minor International PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Minor International PCL'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.

Minor International PCL Piotroski F-Score Chart

Minor International PCL 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 5.00 7.00 7.00 7.00 6.00

Minor International PCL 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 6.00 6.00 6.00 6.00 7.00

STU:8MI vs MAR, HLT, H: Piotroski F-Score Comparison

For the Lodging subindustry, Minor International PCL'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.


Minor International PCL Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor International PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Minor International PCL's Piotroski F-Score falls into.


STU:8MI
80GF Score
Minor International PCL STU:8MI
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 68.062 + 79.882 + 17.395 + 87.278 = €253 Mil.
Cash Flow from Operations was 236.8 + 258.044 + 132.554 + 208.365 = €836 Mil.
Revenue was 1075.835 + 1152.337 + 1001.294 + 1143.336 = €4,373 Mil.
Gross Profit was 465.362 + 517.843 + 403.698 + 518.235 = €1,905 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(9746.744 + 9506.395 + 9664.593 + 9781.28 + 9795.79) / 5 = €9698.9604 Mil.
Total Assets at the begining of this year (Jun25) was €9,747 Mil.
Long-Term Debt & Capital Lease Obligation was €4,737 Mil.
Total Current Assets was €1,149 Mil.
Total Current Liabilities was €1,616 Mil.
Net Income was 4.048 + 101.575 + 11.417 + 82.101 = €199 Mil.

Revenue was 1100.716 + 1132.506 + 974.116 + 1119.773 = €4,327 Mil.
Gross Profit was 489.261 + 493.845 + 397.24 + 503.538 = €1,884 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(9423.827 + 9335.637 + 9701.374 + 9737.384 + 9746.744) / 5 = €9588.9932 Mil.
Total Assets at the begining of last year (Jun24) was €9,424 Mil.
Long-Term Debt & Capital Lease Obligation was €4,381 Mil.
Total Current Assets was €1,248 Mil.
Total Current Liabilities was €1,700 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.

Minor International PCL's current Net Income (TTM) was 253. ==> 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.

Minor International PCL's current Cash Flow from Operations (TTM) was 836. ==> 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)
=252.617/9746.744
=0.02591809

ROA (Last Year)=Net Income/Total Assets (Jun24)
=199.141/9423.827
=0.02113165

Minor International PCL's return on assets of this year was 0.02591809. Minor International PCL's return on assets of last year was 0.02113165. ==> 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.

Minor International PCL's current Net Income (TTM) was 253. Minor International PCL's current Cash Flow from Operations (TTM) was 836. ==> 836 > 253 ==> 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
=4737.419/9698.9604
=0.48844606

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=4381.144/9588.9932
=0.45689301

Minor International PCL's gearing of this year was 0.48844606. Minor International PCL's gearing of last year was 0.45689301. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=1149.294/1615.959
=0.71121483

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1248.18/1700.353
=0.7340711

Minor International PCL's current ratio of this year was 0.71121483. Minor International PCL's current ratio of last year was 0.7340711. ==> 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.

Minor International PCL's number of shares in issue this year was 5625. Minor International PCL's number of shares in issue last year was 5670. ==> 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
=1905.138/4372.802
=0.435679

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1883.884/4327.111
=0.43536762

Minor International PCL's gross margin of this year was 0.435679. Minor International PCL's gross margin of last year was 0.43536762. ==> This year's gross margin is higher. ==> Score 1.

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)
=4372.802/9746.744
=0.44864234

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=4327.111/9423.827
=0.45916707

Minor International PCL's asset turnover of this year was 0.44864234. Minor International PCL's asset turnover of last year was 0.45916707. ==> 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+0+0+1+1+0
=6

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

Minor International PCL 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 7 mean?
Minor International PCL (STU:8MI) has a Piotroski F-Score of 7 as of Aug. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Minor International PCL and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Minor International PCL's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Minor International PCL ranks #98 out of 833 companies in the Travel & Leisure industry, placing it in the top 11.8%.
Is Minor International PCL's Piotroski F-Score too high?
Minor International PCL's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Minor International PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Minor International PCL ranks #98 out of 833 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Minor International PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Minor International PCL's Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Minor International PCL ranks #98 out of 833 companies for Piotroski F-Score. This places Minor International PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Minor International PCL's value of 7 is 40% above this benchmark. Historically, Minor International PCL's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Minor International PCL 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 833 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. Minor International PCL's current Piotroski F-Score of 7 is 40% 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 Minor International PCL and its competitors. For the Travel & Leisure 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. Minor International PCL's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minor International PCL stock overvalued right now?
Minor International PCL (STU:8MI) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Travel & Leisure industry median of 5.00. Minor International PCL's overall GF Score™ is 80/100 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 Minor International PCL (STU:8MI), the current Piotroski F-Score is 7 as of Aug. 26, 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.

Minor International PCL Business Description

Address Ratchadaphisek Road, 12th Floor, 88 The Parq Building, Klongtoey Subdistrict, Klongtoey District, Bangkok, THA, 10110
Minor International PCL operates hotels, restaurant operations, distribution, and manufacturing businesses. The company's operating segments of the company are Hotel, Mixed-use and others, and Restaurants. Majority of its revenue comes from European hotels. The Group mainly operates in Thailand and also has operations in other countries such as countries in Europe, Singapore, The People's Republic of China, The Republic of Maldives, The United Arab Emirates, Sri Lanka, Australia, the Federative Republic of Brazil, and countries in Africa, etc.
80GF Score

Get the complete analysis for STU:8MI

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

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