Aikchol Hospital PCL (BKK:AHC) Piotroski F-Score: 7 (As of Jul. 20, 2026) — 17% Above Median

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BKK:AHC Aikchol Hospital PCL BKK:AHC
72 GF Score
Price ฿14.00
GF Value ฿15.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Aikchol Hospital PCL Piotroski F-Score?

Aikchol Hospital PCL BKK:AHC +5.26% 72 Piotroski F-Score is 7 as of Jul. 20, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates BKK:AHC with a GF Score™ of 72/100 and a GF Value™ of ฿15.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 646 Healthcare Providers & Services companies, Aikchol Hospital PCL ranks better than 88.7% 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

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

BKK:AHC' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Aikchol Hospital PCL was 9. The lowest was 4. And the median was 6.

Aikchol Hospital PCL  (BKK:AHC) 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.


Aikchol Hospital PCL Piotroski F-Score Related Terms


Aikchol Hospital PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Aikchol Hospital 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.

Aikchol Hospital PCL Piotroski F-Score Chart

Aikchol Hospital 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 7.00 7.00 6.00 6.00 8.00

Aikchol Hospital PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.00 5.00 8.00 7.00

BKK:AHC vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, Aikchol Hospital 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.


Aikchol Hospital PCL Piotroski F-Score vs Healthcare Providers & Services Industry

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

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


BKK:AHC
72GF Score
Aikchol Hospital PCL BKK:AHC
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 49.857 + 30.923 + 26.124 + 19.508 = ฿126 Mil.
Cash Flow from Operations was 60.315 + 69.793 + 38.237 + -4.603 = ฿164 Mil.
Revenue was 480.945 + 443.045 + 457.058 + 410.466 = ฿1,792 Mil.
Gross Profit was 106.515 + 87.561 + 95.775 + 72.718 = ฿363 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2468.644 + 2463.773 + 2487.088 + 2530.309 + 2523.336) / 5 = ฿2494.63 Mil.
Total Assets at the begining of this year (Mar25) was ฿2,469 Mil.
Long-Term Debt & Capital Lease Obligation was ฿12 Mil.
Total Current Assets was ฿1,639 Mil.
Total Current Liabilities was ฿251 Mil.
Net Income was 24.393 + 62.621 + 12.298 + 46.834 = ฿146 Mil.

Revenue was 430.319 + 477.301 + 417.671 + 423.487 = ฿1,749 Mil.
Gross Profit was 68.148 + 115.609 + 66.322 + 87.344 = ฿337 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2448.409 + 2378.435 + 2479.95 + 2457.378 + 2468.644) / 5 = ฿2446.5632 Mil.
Total Assets at the begining of last year (Mar24) was ฿2,448 Mil.
Long-Term Debt & Capital Lease Obligation was ฿2 Mil.
Total Current Assets was ฿1,550 Mil.
Total Current Liabilities was ฿255 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.

Aikchol Hospital PCL's current Net Income (TTM) was 126. ==> 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.

Aikchol Hospital PCL's current Cash Flow from Operations (TTM) was 164. ==> 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 (Mar25)
=126.412/2468.644
=0.05120706

ROA (Last Year)=Net Income/Total Assets (Mar24)
=146.146/2448.409
=0.05969019

Aikchol Hospital PCL's return on assets of this year was 0.05120706. Aikchol Hospital PCL's return on assets of last year was 0.05969019. ==> 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.

Aikchol Hospital PCL's current Net Income (TTM) was 126. Aikchol Hospital PCL's current Cash Flow from Operations (TTM) was 164. ==> 164 > 126 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=11.902/2494.63
=0.00477105

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.54/2446.5632
=0.00062945

Aikchol Hospital PCL's gearing of this year was 0.00477105. Aikchol Hospital PCL's gearing of last year was 0.00062945. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1639.183/250.616
=6.54061592

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1550.187/254.653
=6.08744841

Aikchol Hospital PCL's current ratio of this year was 6.54061592. Aikchol Hospital PCL's current ratio of last year was 6.08744841. ==> 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.

Aikchol Hospital PCL's number of shares in issue this year was 149.909. Aikchol Hospital PCL's number of shares in issue last year was 149.909. ==> 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
=362.569/1791.514
=0.20238134

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=337.423/1748.778
=0.19294788

Aikchol Hospital PCL's gross margin of this year was 0.20238134. Aikchol Hospital PCL's gross margin of last year was 0.19294788. ==> 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 (Mar25)
=1791.514/2468.644
=0.72570772

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1748.778/2448.409
=0.71425076

Aikchol Hospital PCL's asset turnover of this year was 0.72570772. Aikchol Hospital PCL's asset turnover of last year was 0.71425076. ==> This year's asset turnover is higher. ==> Score 1.

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+0+1+1+1+1
=7

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Aikchol Hospital PCL (BKK:AHC) has a Piotroski F-Score of 7 as of Jul. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aikchol Hospital PCL and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Aikchol Hospital PCL's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Aikchol Hospital PCL ranks #73 out of 646 companies in the Healthcare Providers & Services industry, placing it in the top 11.3%.
Is Aikchol Hospital PCL's Piotroski F-Score too high?
Aikchol Hospital 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 4.00 to a high of 9.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Aikchol Hospital PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Aikchol Hospital PCL ranks #73 out of 646 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Aikchol Hospital PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aikchol Hospital PCL's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Aikchol Hospital PCL ranks #73 out of 646 companies for Piotroski F-Score. This places Aikchol Hospital PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Aikchol Hospital PCL's value of 7 is 40% above this benchmark. Historically, Aikchol Hospital PCL's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Aikchol Hospital 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 646 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. Aikchol Hospital 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 Aikchol Hospital PCL and its competitors. For the Healthcare Providers & Services 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. Aikchol Hospital 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 Aikchol Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Aikchol Hospital PCL (BKK:AHC) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.14, compared to a current price of ฿14.00 — trading 7.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Healthcare Providers & Services industry median of 5.00. Aikchol Hospital PCL's overall GF Score™ is 72/100 with 3 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 Aikchol Hospital PCL (BKK:AHC), the current Piotroski F-Score is 7 as of Jul. 20, 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 Aikchol Hospital PCL (BKK:AHC) Overvalued in 2026?

Based on GuruFocus' analysis, Aikchol Hospital PCL stock appears to be undervalued. The current stock price of ฿14.00 is trading 7.5% below its estimated GF Value™ of ฿15.14. GuruFocus considers Aikchol Hospital PCL to be Fairly Valued.

Key valuation signals for BKK:AHC:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ฿15.14 vs. price of ฿14.00 (7.5% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 40% above the Healthcare Providers & Services median (#73 of 646)

No single metric tells the full story. See the BKK:AHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aikchol Hospital PCL Business Description

Address 68/3 Moo 2, Phrayasatja Road, Amphoe Muang, Mueang Chonburi District, Ban Suan Subdistrict, Chonburi, THA, 20000
Aikchol Hospital PCL provides full hospital services including diseases protection, medical treatment, health strengthening and health rehabilitation services with 310 beds in service. Its services include Heart Center, Acupuncture Department, Medicine Department Pediatric Department, Emergency Department, Surgery Department, Orthopedic Department, Obstetrics and Gynecology Department, Health Service Department, Skin and Beauty Department, Physical Therapy Department Psychiatric Department, Ophthalmology Department, Ear, Nose, and Throat Department, Diagnostic Radiology Department Spinal center, and Aikchol Member Card. Its operating segment is to provide healthcare as private hospital and hospital and the single geographical area of their operations is Thailand.
72GF Score

Get the complete analysis for BKK:AHC

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

฿14.00
Price
฿15.14
GF Value