Abu Dhabi National Co for Building Materials PJSC (ADX:BILDCO) Piotroski F-Score: 4 (As of Aug. 05, 2026) — Near Median

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What is Abu Dhabi National Co for Building Materials PJSC Piotroski F-Score?

Abu Dhabi National Co for Building Materials PJSC ADX:BILDCO -0.57% Piotroski F-Score is 4 as of Aug. 05, 2026, which is at its 10-year median of 4.00. The stock has 2 warning signs investors should review. Among 390 Building Materials companies, Abu Dhabi National Co for Building Materials PJSC ranks worse than 71.79% 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

Abu Dhabi National Co for Building Materials PJSC has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Abu Dhabi National Co for Building Materials PJSC's Piotroski F-Score or its related term are showing as below:

ADX:BILDCO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Abu Dhabi National Co for Building Materials PJSC was 6. The lowest was 3. And the median was 4.

Abu Dhabi National Co for Building Materials PJSC  (ADX:BILDCO) 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.


Abu Dhabi National Co for Building Materials PJSC Piotroski F-Score Related Terms


Abu Dhabi National Co for Building Materials PJSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Abu Dhabi National Co for Building Materials PJSC'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.

Abu Dhabi National Co for Building Materials PJSC Piotroski F-Score Chart

Abu Dhabi National Co for Building Materials PJSC 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 3.00 5.00 4.00 5.00 4.00

Abu Dhabi National Co for Building Materials PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 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 3.00 5.00 4.00 5.00 4.00

ADX:BILDCO vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Abu Dhabi National Co for Building Materials PJSC'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.


Abu Dhabi National Co for Building Materials PJSC Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Abu Dhabi National Co for Building Materials PJSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Co for Building Materials PJSC'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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was د.إ-27.33 Mil.
Cash Flow from Operations was د.إ3.39 Mil.
Revenue was د.إ46.08 Mil.
Gross Profit was د.إ4.07 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (362.647 + 360.17) / 2 = د.إ361.4085 Mil.
Total Assets at the begining of this year (Dec24) was د.إ362.65 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ25.78 Mil.
Total Current Assets was د.إ77.72 Mil.
Total Current Liabilities was د.إ254.67 Mil.
Net Income was د.إ12.05 Mil.

Revenue was د.إ52.46 Mil.
Gross Profit was د.إ6.87 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (354.679 + 362.647) / 2 = د.إ358.663 Mil.
Total Assets at the begining of last year (Dec23) was د.إ354.68 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ26.74 Mil.
Total Current Assets was د.إ60.58 Mil.
Total Current Liabilities was د.إ257.88 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.

Abu Dhabi National Co for Building Materials PJSC's current Net Income (TTM) was -27.33. ==> Negative ==> Score 0.

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.

Abu Dhabi National Co for Building Materials PJSC's current Cash Flow from Operations (TTM) was 3.39. ==> 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 (Dec24)
=-27.326/362.647
=-0.07535151

ROA (Last Year)=Net Income/Total Assets (Dec23)
=12.047/354.679
=0.03396592

Abu Dhabi National Co for Building Materials PJSC's return on assets of this year was -0.07535151. Abu Dhabi National Co for Building Materials PJSC's return on assets of last year was 0.03396592. ==> Last year is higher ==> Score 0.

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.

Abu Dhabi National Co for Building Materials PJSC's current Net Income (TTM) was -27.33. Abu Dhabi National Co for Building Materials PJSC's current Cash Flow from Operations (TTM) was 3.39. ==> 3.39 > -27.33 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=25.777/361.4085
=0.07132372

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=26.743/358.663
=0.07456303

Abu Dhabi National Co for Building Materials PJSC's gearing of this year was 0.07132372. Abu Dhabi National Co for Building Materials PJSC's gearing of last year was 0.07456303. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=77.717/254.668
=0.30516987

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=60.58/257.882
=0.23491364

Abu Dhabi National Co for Building Materials PJSC's current ratio of this year was 0.30516987. Abu Dhabi National Co for Building Materials PJSC's current ratio of last year was 0.23491364. ==> 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.

Abu Dhabi National Co for Building Materials PJSC's number of shares in issue this year was 303.62. Abu Dhabi National Co for Building Materials PJSC's number of shares in issue last year was 301.168. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=4.071/46.078
=0.08835019

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6.872/52.464
=0.13098506

Abu Dhabi National Co for Building Materials PJSC's gross margin of this year was 0.08835019. Abu Dhabi National Co for Building Materials PJSC's gross margin of last year was 0.13098506. ==> 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 (Dec24)
=46.078/362.647
=0.1270602

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=52.464/354.679
=0.14791967

Abu Dhabi National Co for Building Materials PJSC's asset turnover of this year was 0.1270602. Abu Dhabi National Co for Building Materials PJSC's asset turnover of last year was 0.14791967. ==> 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
=0+1+0+1+1+1+0+0+0
=4

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

Abu Dhabi National Co for Building Materials PJSC has an F-score of 4 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 4 mean?
Abu Dhabi National Co for Building Materials PJSC (ADX:BILDCO) has a Piotroski F-Score of 4 as of Aug. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Abu Dhabi National Co for Building Materials PJSC and its competitors. This is near median its historical median of 4.00. Over the past decade, Abu Dhabi National Co for Building Materials PJSC's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Abu Dhabi National Co for Building Materials PJSC ranks #280 out of 390 companies in the Building Materials industry, placing it in the top 71.8%.
Is Abu Dhabi National Co for Building Materials PJSC's Piotroski F-Score too high?
Abu Dhabi National Co for Building Materials PJSC's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Building Materials industry median Piotroski F-Score is 5.00. Abu Dhabi National Co for Building Materials PJSC's value of 4 is 20% below this industry median. Based on the distribution chart, Abu Dhabi National Co for Building Materials PJSC ranks #280 out of 390 companies in the Building Materials industry, which is below the industry midpoint.
How does Abu Dhabi National Co for Building Materials PJSC's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Abu Dhabi National Co for Building Materials PJSC ranks #280 out of 390 companies for Piotroski F-Score. This places Abu Dhabi National Co for Building Materials PJSC in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Abu Dhabi National Co for Building Materials PJSC's value of 4 is 20% below this benchmark. Historically, Abu Dhabi National Co for Building Materials PJSC's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Abu Dhabi National Co for Building Materials PJSC 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 390 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. Abu Dhabi National Co for Building Materials PJSC's current Piotroski F-Score of 4 is 20% 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 Abu Dhabi National Co for Building Materials PJSC and its competitors. For the Building Materials 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. Abu Dhabi National Co for Building Materials PJSC's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi National Co for Building Materials PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Co for Building Materials PJSC (ADX:BILDCO) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.51, compared to a current price of د.إ1.73 — trading 239.2% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Building Materials industry median of 5.00. 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 Abu Dhabi National Co for Building Materials PJSC (ADX:BILDCO), the current Piotroski F-Score is 4 as of Aug. 05, 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.

Abu Dhabi National Co for Building Materials PJSC Business Description

Address Salam Street, P O Box: 2443, Etihad Towers, 43rd Floor, Abu Dhabi, ARE
Abu Dhabi National Co for Building Materials PJSC is engaged in the manufacturing, trading, and supply of building and construction materials, including steel, cement, and concrete-related products, along with related services. The company mainly operates in the United Arab Emirates.