Akkhie Prakarn PCL (BKK:AKP-R) Piotroski F-Score: 7 (As of Sep. 04, 2026) — Near Median

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BKK:AKP-R Akkhie Prakarn PCL BKK:AKP-R
52 GF Score
Price ฿0.76
GF Value ฿0.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Akkhie Prakarn PCL Piotroski F-Score?

Akkhie Prakarn PCL BKK:AKP-R +5.68% 52 Piotroski F-Score is 7 as of Sep. 04, 2026, which is at its 10-year median of 7.00. GuruFocus rates BKK:AKP-R with a GF Score™ of 52/100 and a GF Value™ of ฿0.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 241 Waste Management companies, Akkhie Prakarn PCL ranks better than 91.29% 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

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

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

During the past 13 years, the highest Piotroski F-Score of Akkhie Prakarn PCL was 9. The lowest was 4. And the median was 7.

Akkhie Prakarn PCL  (BKK:AKP-R) 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.


Akkhie Prakarn PCL Piotroski F-Score Related Terms


Akkhie Prakarn PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Akkhie Prakarn 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.

Akkhie Prakarn PCL Piotroski F-Score Chart

Akkhie Prakarn 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 8.00 5.00 6.00 8.00 8.00

Akkhie Prakarn 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 8.00 8.00 7.00

BKK:AKP-R vs WM, RSG, WCN: Piotroski F-Score Comparison

For the Waste Management subindustry, Akkhie Prakarn 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.


Akkhie Prakarn PCL Piotroski F-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Akkhie Prakarn PCL's Piotroski F-Score distribution charts can be found below:

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


BKK:AKP-R
52GF Score
Akkhie Prakarn PCL BKK:AKP-R
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 38.887 + 20.423 + 8.413 + 6.405 = ฿74.1 Mil.
Cash Flow from Operations was 28.877 + 21.074 + 24.944 + 5.519 = ฿80.4 Mil.
Revenue was 96.863 + 126.288 + 97.384 + 105.813 = ฿426.3 Mil.
Gross Profit was 26.04 + 47.514 + 21.069 + 22.581 = ฿117.2 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(732.091 + 770.964 + 808.793 + 799.593 + 812.616) / 5 = ฿784.8114 Mil.
Total Assets at the begining of this year (Jun25) was ฿732.1 Mil.
Long-Term Debt & Capital Lease Obligation was ฿38.1 Mil.
Total Current Assets was ฿388.3 Mil.
Total Current Liabilities was ฿60.7 Mil.
Net Income was 11.71 + 9.836 + 3.376 + 8.676 = ฿33.6 Mil.

Revenue was 88.162 + 89.692 + 80.455 + 93.306 = ฿351.6 Mil.
Gross Profit was 27.657 + 26.208 + 17.176 + 25.63 = ฿96.7 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(717.188 + 727.156 + 744 + 736.746 + 732.091) / 5 = ฿731.4362 Mil.
Total Assets at the begining of last year (Jun24) was ฿717.2 Mil.
Long-Term Debt & Capital Lease Obligation was ฿20.3 Mil.
Total Current Assets was ฿340.0 Mil.
Total Current Liabilities was ฿55.6 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.

Akkhie Prakarn PCL's current Net Income (TTM) was 74.1. ==> 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.

Akkhie Prakarn PCL's current Cash Flow from Operations (TTM) was 80.4. ==> 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)
=74.128/732.091
=0.10125517

ROA (Last Year)=Net Income/Total Assets (Jun24)
=33.598/717.188
=0.04684685

Akkhie Prakarn PCL's return on assets of this year was 0.10125517. Akkhie Prakarn PCL's return on assets of last year was 0.04684685. ==> 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.

Akkhie Prakarn PCL's current Net Income (TTM) was 74.1. Akkhie Prakarn PCL's current Cash Flow from Operations (TTM) was 80.4. ==> 80.4 > 74.1 ==> 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
=38.073/784.8114
=0.04851229

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=20.27/731.4362
=0.0277126

Akkhie Prakarn PCL's gearing of this year was 0.04851229. Akkhie Prakarn PCL's gearing of last year was 0.0277126. ==> 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
=388.332/60.722
=6.3952439

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=340.017/55.558
=6.12003672

Akkhie Prakarn PCL's current ratio of this year was 6.3952439. Akkhie Prakarn PCL's current ratio of last year was 6.12003672. ==> 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.

Akkhie Prakarn PCL's number of shares in issue this year was 404. Akkhie Prakarn PCL's number of shares in issue last year was 404. ==> 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
=117.204/426.348
=0.27490219

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=96.671/351.615
=0.27493423

Akkhie Prakarn PCL's gross margin of this year was 0.27490219. Akkhie Prakarn PCL's gross margin of last year was 0.27493423. ==> 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)
=426.348/732.091
=0.58237022

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=351.615/717.188
=0.49026894

Akkhie Prakarn PCL's asset turnover of this year was 0.58237022. Akkhie Prakarn PCL's asset turnover of last year was 0.49026894. ==> 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+1+1+0+1+1+0+1
=7

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

Akkhie Prakarn 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?
Akkhie Prakarn PCL (BKK:AKP-R) has a Piotroski F-Score of 7 as of Sep. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Akkhie Prakarn PCL and its competitors. This is near median its historical median of 7.00. Over the past decade, Akkhie Prakarn PCL's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Akkhie Prakarn PCL ranks #21 out of 241 companies in the Waste Management industry, placing it in the top 8.7%.
Is Akkhie Prakarn PCL's Piotroski F-Score too high?
Akkhie Prakarn PCL's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Waste Management industry median Piotroski F-Score is 5.00. Akkhie Prakarn PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Akkhie Prakarn PCL ranks #21 out of 241 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Akkhie Prakarn PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akkhie Prakarn PCL's Piotroski F-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Akkhie Prakarn PCL ranks #21 out of 241 companies for Piotroski F-Score. This places Akkhie Prakarn PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Akkhie Prakarn PCL's value of 7 is 40% above this benchmark. Historically, Akkhie Prakarn 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 7.00 vs. the industry median of 5.00, Akkhie Prakarn 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 Waste Management company?
The median Piotroski F-Score among Waste Management companies is 5.00, based on 241 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. Akkhie Prakarn 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 Akkhie Prakarn PCL and its competitors. For the Waste Management 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. Akkhie Prakarn PCL's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akkhie Prakarn PCL stock overvalued right now?
Based on GuruFocus' analysis, Akkhie Prakarn PCL (BKK:AKP-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.77, compared to a current price of ฿0.76 — trading 1% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Waste Management industry median of 5.00. Akkhie Prakarn PCL's overall GF Score™ is 52/100 with 5 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 Akkhie Prakarn PCL (BKK:AKP-R), the current Piotroski F-Score is 7 as of Sep. 04, 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 Akkhie Prakarn PCL (BKK:AKP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Akkhie Prakarn PCL stock appears to be undervalued. The current stock price of ฿0.76 is trading 1% below its estimated GF Value™ of ฿0.77. GuruFocus considers Akkhie Prakarn PCL to be Fairly Valued.

Key valuation signals for BKK:AKP-R:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: ฿0.77 vs. price of ฿0.76 (1% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 40% above the Waste Management median (#21 of 241)

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


Akkhie Prakarn PCL Business Description

Other Exchanges AKP:Thailand
Address 792 Moo 2, Soi 1C/1, Sukhumwit Road, Bangpoo Industrial Estate, Bangpoo Mai Subdistrict, Mueang Samut Prakan District, Samutprakarn, THA, 10280
Akkhie Prakarn PCL is engaged in providing services on incinerating and destroying of industrial waste, sewage, and unused materials. The company also focuses on improving the quality of these materials to recycle them into alternative energy sources and raw materials. It operates in Thailand. The company operates in Thailand.
52GF Score

Get the complete analysis for BKK:AKP-R

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

฿0.76
Price
฿0.77
GF Value