Ally Freehold And Leasehold REIT (BKK:ALLY) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 14% Above Median


BKK:ALLY Ally Freehold And Leasehold REIT BKK:ALLY
87 GF Score
Price ฿4.72
GF Value ฿4.93
Valuation Fairly Valued
! 6 Warning Signs
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What is Ally Freehold And Leasehold REIT Piotroski F-Score?

Ally Freehold And Leasehold REIT BKK:ALLY 87 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates BKK:ALLY with a GF Score™ of 87/100 and a GF Value™ of ฿4.93 (Fairly Valued). The stock has 6 warning signs investors should review. Among 888 REITs companies, Ally Freehold And Leasehold REIT ranks better than 98.42% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Ally Freehold And Leasehold REIT has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Ally Freehold And Leasehold REIT's Piotroski F-Score or its related term are showing as below:

BKK:ALLY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 9
Current: 8

During the past 10 years, the highest Piotroski F-Score of Ally Freehold And Leasehold REIT was 9. The lowest was 2. And the median was 7.

Ally Freehold And Leasehold REIT  (BKK:ALLY) 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.


Ally Freehold And Leasehold REIT Piotroski F-Score Related Terms


Ally Freehold And Leasehold REIT Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ally Freehold And Leasehold REIT'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.

Ally Freehold And Leasehold REIT Piotroski F-Score Chart

Ally Freehold And Leasehold REIT 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 4.00 6.00 9.00 4.00 7.00

Ally Freehold And Leasehold REIT 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 5.00 5.00 8.00 7.00 8.00

BKK:ALLY vs SPG, O, KIM: Piotroski F-Score Comparison

For the REIT - Retail subindustry, Ally Freehold And Leasehold REIT'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.


Ally Freehold And Leasehold REIT Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, Ally Freehold And Leasehold REIT's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ally Freehold And Leasehold REIT's Piotroski F-Score falls into.


BKK:ALLY
87GF Score
Ally Freehold And Leasehold REIT BKK:ALLY
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 145.182 + 115.949 + 144.495 + 227.43 = ฿633 Mil.
Cash Flow from Operations was 162.362 + 437.238 + -73.691 + 296.901 = ฿823 Mil.
Revenue was 378.455 + 376.264 + 371.691 + 363.443 = ฿1,490 Mil.
Gross Profit was 202.291 + 199.858 + 199.849 + 197.642 = ฿800 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(13640.281 + 13620.552 + 13591.82 + 13597.713 + 13660.273) / 5 = ฿13622.1278 Mil.
Total Assets at the begining of this year (Mar25) was ฿13,640 Mil.
Long-Term Debt & Capital Lease Obligation was ฿4,322 Mil.
Total Current Assets was ฿550 Mil.
Total Current Liabilities was ฿582 Mil.
Net Income was 146.061 + 118.755 + 93.873 + 203.393 = ฿562 Mil.

Revenue was 386.913 + 384.6 + 376.243 + 365.142 = ฿1,513 Mil.
Gross Profit was 205.03 + 199.589 + 195.501 + 196.999 = ฿797 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(13438.198 + 13680.309 + 13622.003 + 13587.146 + 13640.281) / 5 = ฿13593.5874 Mil.
Total Assets at the begining of last year (Mar24) was ฿13,438 Mil.
Long-Term Debt & Capital Lease Obligation was ฿4,507 Mil.
Total Current Assets was ฿438 Mil.
Total Current Liabilities was ฿619 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.

Ally Freehold And Leasehold REIT's current Net Income (TTM) was 633. ==> 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.

Ally Freehold And Leasehold REIT's current Cash Flow from Operations (TTM) was 823. ==> 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)
=633.056/13640.281
=0.04641077

ROA (Last Year)=Net Income/Total Assets (Mar24)
=562.082/13438.198
=0.04182719

Ally Freehold And Leasehold REIT's return on assets of this year was 0.04641077. Ally Freehold And Leasehold REIT's return on assets of last year was 0.04182719. ==> 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.

Ally Freehold And Leasehold REIT's current Net Income (TTM) was 633. Ally Freehold And Leasehold REIT's current Cash Flow from Operations (TTM) was 823. ==> 823 > 633 ==> 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
=4321.583/13622.1278
=0.31724728

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4507.448/13593.5874
=0.33158635

Ally Freehold And Leasehold REIT's gearing of this year was 0.31724728. Ally Freehold And Leasehold REIT's gearing of last year was 0.33158635. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=550.22/581.567
=0.94609907

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=438.217/619.023
=0.70791715

Ally Freehold And Leasehold REIT's current ratio of this year was 0.94609907. Ally Freehold And Leasehold REIT's current ratio of last year was 0.70791715. ==> 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.

Ally Freehold And Leasehold REIT's number of shares in issue this year was 874.1. Ally Freehold And Leasehold REIT's number of shares in issue last year was 874.1. ==> 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
=799.64/1489.853
=0.53672409

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=797.119/1512.898
=0.52688218

Ally Freehold And Leasehold REIT's gross margin of this year was 0.53672409. Ally Freehold And Leasehold REIT's gross margin of last year was 0.52688218. ==> 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)
=1489.853/13640.281
=0.10922451

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1512.898/13438.198
=0.11258191

Ally Freehold And Leasehold REIT's asset turnover of this year was 0.10922451. Ally Freehold And Leasehold REIT's asset turnover of last year was 0.11258191. ==> 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+1+1+1+1+1+1+0
=8

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

Ally Freehold And Leasehold REIT has an F-score of 8. 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 8 mean?
Ally Freehold And Leasehold REIT (BKK:ALLY) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ally Freehold And Leasehold REIT and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Ally Freehold And Leasehold REIT's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Ally Freehold And Leasehold REIT ranks #14 out of 888 companies in the REITs industry, placing it in the top 1.6%.
Is Ally Freehold And Leasehold REIT's Piotroski F-Score too high?
Ally Freehold And Leasehold REIT's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The REITs industry median Piotroski F-Score is 6.00. Ally Freehold And Leasehold REIT's value of 8 is 33.3% above this industry median. Based on the distribution chart, Ally Freehold And Leasehold REIT ranks #14 out of 888 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Ally Freehold And Leasehold REIT has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ally Freehold And Leasehold REIT's Piotroski F-Score compare to SPG and O?
According to the REITs industry distribution chart, Ally Freehold And Leasehold REIT ranks #14 out of 888 companies for Piotroski F-Score. This places Ally Freehold And Leasehold REIT in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Ally Freehold And Leasehold REIT's value of 8 is 33.3% above this benchmark. Historically, Ally Freehold And Leasehold REIT's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Ally Freehold And Leasehold REIT 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 888 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. Ally Freehold And Leasehold REIT's current Piotroski F-Score of 8 is 33.3% 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 Ally Freehold And Leasehold REIT and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ally Freehold And Leasehold REIT's current Piotroski F-Score is 8, which is 14% above 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 Ally Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Ally Freehold And Leasehold REIT (BKK:ALLY) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.93, compared to a current price of ฿4.72 — trading 4.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the REITs industry median of 6.00. Ally Freehold And Leasehold REIT's overall GF Score™ is 87/100 with 6 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 Ally Freehold And Leasehold REIT (BKK:ALLY), the current Piotroski F-Score is 8 as of Jun. 26, 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 Ally Freehold And Leasehold REIT (BKK:ALLY) Overvalued in 2026?

Based on GuruFocus' analysis, Ally Freehold And Leasehold REIT stock appears to be undervalued. The current stock price of ฿4.72 is trading 4.3% below its estimated GF Value™ of ฿4.93. GuruFocus considers Ally Freehold And Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:ALLY:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: ฿4.93 vs. price of ฿4.72 (4.3% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 33.3% above the REITs median (#14 of 888)

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


Ally Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Praditmanutham Road, Building E888, Crystal Design Center Project, Khlong Chan, Bang Kapi, Bangkok, THA, 10240
Ally Freehold And Leasehold REIT is a real estate investment trust based in Bangkok, Thailand. Its objectives are to raise funds from investors and use funds to invest in leasehold properties in different ways, and to seek benefits from such properties in the form of rental and service income. The company has invested in freehold, leasehold, or sub-leasehold rights of various projects such as The Crystal Design Center, The Crystal Ekamai-Ramindra, Amorini Mall Ramintra, Happy Avenue Donmuang Project, and others. Geographically, it operates only in Thailand.
87GF Score

Get the complete analysis for BKK:ALLY

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

฿4.72
Price
฿4.93
GF Value