Gulf Cement Co PSCADX:GCEM -0.98%29 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates ADX:GCEM with a GF Score™ of 29/100 and a GF Value™ of د.إ0.70 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 395 Building Materials companies, Gulf Cement Co PSC ranks better than 68.86% 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
Gulf Cement Co PSC 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 Gulf Cement Co PSC's Piotroski F-Score or its related term are showing as below:
ADX:GCEM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Gulf Cement Co PSC was 8. The lowest was 1. And the median was 6.
Gulf Cement Co PSC (ADX:GCEM) 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.
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.
Gulf Cement Co PSC Piotroski F-Score Related Terms
Gulf Cement Co PSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Gulf Cement Co PSC'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.
ADX:GCEM vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Gulf Cement Co PSC'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.
Gulf Cement Co PSC Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Gulf Cement Co PSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Gulf Cement Co PSC's Piotroski F-Score falls into.
* 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.
*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.
Gulf Cement Co PSC's current Net Income (TTM) was 25.3.
==> 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.
Gulf Cement Co PSC's return on assets of this year was 0.02948773. Gulf Cement Co PSC's return on assets of last year was -0.05136102.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Gulf Cement Co PSC's gearing of this year was 0.00242328. Gulf Cement Co PSC's gearing of last year was 0.00161805.
==> 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
Gulf Cement Co PSC's current ratio of this year was 1.03046713. Gulf Cement Co PSC's current ratio of last year was 0.68270806.
==> 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.
Gulf Cement Co PSC's number of shares in issue this year was 410.548. Gulf Cement Co PSC's number of shares in issue last year was 410.548.
==> 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.
Gulf Cement Co PSC's gross margin of this year was 0.32352817. Gulf Cement Co PSC's gross margin of last year was 0.19700883.
==> 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
Gulf Cement Co PSC's asset turnover of this year was 0.66403194. Gulf Cement Co PSC's asset turnover of last year was 0.58440271.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Gulf Cement Co PSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Gulf Cement Co PSC (ADX:GCEM) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gulf Cement Co PSC and its competitors. This is near median its historical median of 6.00. Over the past decade, Gulf Cement Co PSC's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Gulf Cement Co PSC ranks #123 out of 395 companies in the Building Materials industry, placing it in the top 31.1%.
Is Gulf Cement Co PSC's Piotroski F-Score too high?
Gulf Cement Co PSC's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Building Materials industry median Piotroski F-Score is 5.00. Gulf Cement Co PSC's value of 6 is 20% above this industry median. Based on the distribution chart, Gulf Cement Co PSC ranks #123 out of 395 companies in the Building Materials industry, which is above the industry midpoint. Overall, Gulf Cement Co PSC has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gulf Cement Co PSC's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Gulf Cement Co PSC ranks #123 out of 395 companies for Piotroski F-Score. This puts Gulf Cement Co PSC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Gulf Cement Co PSC's value of 6 is 20% above this benchmark. Historically, Gulf Cement Co PSC's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Gulf Cement Co PSC 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 395 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. Gulf Cement Co PSC's current Piotroski F-Score of 6 is 20% 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 Gulf Cement Co PSC 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. Gulf Cement Co PSC's current Piotroski F-Score is 6, which is near 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 Gulf Cement Co PSC stock overvalued right now?
Based on GuruFocus' analysis, Gulf Cement Co PSC (ADX:GCEM) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.70, compared to a current price of د.إ1.01 — trading 44.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Building Materials industry median of 5.00. Gulf Cement Co PSC's overall GF Score™ is 29/100 with 8 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 Gulf Cement Co PSC (ADX:GCEM), the current Piotroski F-Score is 6 as of Jun. 24, 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.
Is Gulf Cement Co PSC (ADX:GCEM) Overvalued in 2026?
Based on GuruFocus' analysis, Gulf Cement Co PSC stock appears to be overvalued.
The current stock price of د.إ1.01 is trading 44.3% above its estimated GF Value™ of د.إ0.70.
GuruFocus considers Gulf Cement Co PSC to be Significantly Overvalued.
Key valuation signals for ADX:GCEM:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: د.إ0.70 vs. price of د.إ1.01 (44.3% above fair value)
Industry Position: 20% above the Building Materials median (#123 of 395)
No single metric tells the full story. See the ADX:GCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulf Cement Co PSC operates as a cement producer that serves customers located in the UAE and the Arab Gulf Zone. Its product offerings include a variety of cements such as Sulphate Resisting Portland Cement, Ordinary Portland Cement, Moderate Sulphate Resisting Portland Cement, and Ground Granulated Blast Furnace Slag, among others. The company has two operating segments, including Manufacturing of all types of cements, and Investments in marketable equity securities, deposits with banks, and investment properties. A majority of its revenue is generated from the Manufacturing segment. Geographically, the company derives maximum revenue from its business within the United Arab Emirates (UAE).
29GF Score
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