Symal Group (ASX:SYL) Piotroski F-Score: 3 (As of Sep. 18, 2026) — Near Median

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ASX:SYL Symal Group Ltd ASX:SYL
14 GF Score
Price A$2.73
! 4 Warning Signs
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What is Symal Group Piotroski F-Score?

Symal Group ASX:SYL +1.49% 14 Piotroski F-Score is 3 as of Sep. 18, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:SYL with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 1,751 Construction companies, Symal Group ranks worse than 82.47% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Symal Group 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 Symal Group's Piotroski F-Score or its related term are showing as below:

ASX:SYL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 3
Current: 3

During the past 5 years, the highest Piotroski F-Score of Symal Group was 3. The lowest was 3. And the median was 3.

Symal Group  (ASX:SYL) 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.


Symal Group Piotroski F-Score Related Terms


Symal Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Symal Group'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.

Symal Group Piotroski F-Score Chart

Symal Group Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Piotroski F-Score
0.00 7.00 8.00 6.00 3.00

Symal Group Semi-Annual Data
Dec24 Jun25 Dec25 Jun26
Piotroski F-Score 0.00 0.00 0.00 3.00

ASX:SYL vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Symal Group'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.


Symal Group Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Symal Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Symal Group's Piotroski F-Score falls into.


ASX:SYL
14GF Score
Symal Group Ltd ASX:SYL
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 A$42 Mil.
Cash Flow from Operations was A$80 Mil.
Revenue was A$1,124 Mil.
Gross Profit was A$87 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was (572.459 + 728.578) / 2 = A$650.5185 Mil.
Total Assets at the begining of this year (Jun25) was A$572 Mil.
Long-Term Debt & Capital Lease Obligation was A$99 Mil.
Total Current Assets was A$314 Mil.
Total Current Liabilities was A$328 Mil.
Net Income was A$34 Mil.

Revenue was A$880 Mil.
Gross Profit was A$82 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was (370.755 + 572.459) / 2 = A$471.607 Mil.
Total Assets at the begining of last year (Jun24) was A$371 Mil.
Long-Term Debt & Capital Lease Obligation was A$82 Mil.
Total Current Assets was A$337 Mil.
Total Current Liabilities was A$261 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.

Symal Group's current Net Income (TTM) was 42. ==> 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.

Symal Group's current Cash Flow from Operations (TTM) was 80. ==> 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)
=42.138/572.459
=0.07360876

ROA (Last Year)=Net Income/Total Assets (Jun24)
=33.789/370.755
=0.09113566

Symal Group's return on assets of this year was 0.07360876. Symal Group's return on assets of last year was 0.09113566. ==> 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.

Symal Group's current Net Income (TTM) was 42. Symal Group's current Cash Flow from Operations (TTM) was 80. ==> 80 > 42 ==> 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
=98.726/650.5185
=0.15176509

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=81.587/471.607
=0.17299786

Symal Group's gearing of this year was 0.15176509. Symal Group's gearing of last year was 0.17299786. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=313.89/327.795
=0.95758019

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=337.094/260.763
=1.29272174

Symal Group's current ratio of this year was 0.95758019. Symal Group's current ratio of last year was 1.29272174. ==> 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.

Symal Group's number of shares in issue this year was 249.18. Symal Group's number of shares in issue last year was 179.16. ==> 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
=86.832/1123.631
=0.07727804

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=81.882/879.6
=0.09309004

Symal Group's gross margin of this year was 0.07727804. Symal Group's gross margin of last year was 0.09309004. ==> 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 (Jun25)
=1123.631/572.459
=1.9628148

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=879.6/370.755
=2.3724562

Symal Group's asset turnover of this year was 1.9628148. Symal Group's asset turnover of last year was 2.3724562. ==> 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+0+1+1+0+0+0+0
=4

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

Symal Group 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 3 mean?
Symal Group (ASX:SYL) has a Piotroski F-Score of 3 as of Sep. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Symal Group and its competitors. This is near median its historical median of 3.00. Over the past decade, Symal Group's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Symal Group ranks #1444 out of 1751 companies in the Construction industry, placing it in the top 82.5%.
Is Symal Group's Piotroski F-Score too high?
Symal Group's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Construction industry median Piotroski F-Score is 5.00. Symal Group's value of 3 is 40% below this industry median. Based on the distribution chart, Symal Group ranks #1444 out of 1751 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Symal Group has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Symal Group's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Symal Group ranks #1444 out of 1751 companies for Piotroski F-Score. This places Symal Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Symal Group's value of 3 is 40% below this benchmark. Historically, Symal Group's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Symal Group 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,751 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. Symal Group's current Piotroski F-Score of 3 is 40% 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 Symal Group and its competitors. For the Construction 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. Symal Group's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Symal Group stock overvalued right now?
Symal Group (ASX:SYL) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Construction industry median of 5.00. Symal Group's overall GF Score™ is 14/100 with 4 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 Symal Group (ASX:SYL), the current Piotroski F-Score is 3 as of Sep. 18, 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.

Symal Group Business Description

Other Exchanges E0F:Germany
Address 208-210 Hall Street, Spotswood, Melbourne, VIC, AUS, 3015
Symal Group Ltd is a diversified services provider, uniting contracting, plant and equipment, materials supply, and recycling and resource recovery. Its businesses deliver end-to-end services across resilient end markets, including infrastructure, power and renewables, data centres, utilities, defence, and building and facilities. The firm segment comprises Contracting Services, Plant and Equipment, and Other. The majority of revenue comes from the Plant and Equipment segment, which includes activities of the group that consist of internal and external provision of construction crews, including supervision and project management support, as well as wet or dry plant hire, in a variety of sectors, including energy, subdivisions, council contracts, and utility services.
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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