Bio Green Energy Tech PCLBKK:BIOTEC 38 Piotroski F-Score is 8 as of Jul. 05, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates BKK:BIOTEC with a GF Score™ of 38/100 and a GF Value™ of ฿0.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, Bio Green Energy Tech PCL ranks better than 97.38% 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
Bio Green Energy Tech PCL 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 Bio Green Energy Tech PCL's Piotroski F-Score or its related term are showing as below:
BKK:BIOTEC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of Bio Green Energy Tech PCL was 9. The lowest was 2. And the median was 4.
Bio Green Energy Tech PCL (BKK:BIOTEC) 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.
Bio Green Energy Tech PCL Piotroski F-Score Related Terms
Bio Green Energy Tech PCL Piotroski F-Score Historical Data
* 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.
BKK:BIOTEC vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Bio Green Energy Tech 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.
Bio Green Energy Tech PCL Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Bio Green Energy Tech PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bio Green Energy Tech PCL'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.
Bio Green Energy Tech PCL's current Net Income (TTM) was 80.
==> 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.
Bio Green Energy Tech PCL's current Cash Flow from Operations (TTM) was 70.
==> 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.
Bio Green Energy Tech PCL's return on assets of this year was 0.02968195. Bio Green Energy Tech PCL's return on assets of last year was -0.03396137.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bio Green Energy Tech PCL's gearing of this year was 0.0997202. Bio Green Energy Tech PCL's gearing of last year was 0.10747486.
==> 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
Bio Green Energy Tech PCL's current ratio of this year was 0.59222946. Bio Green Energy Tech PCL's current ratio of last year was 0.55538603.
==> 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.
Bio Green Energy Tech PCL's number of shares in issue this year was 3053.358. Bio Green Energy Tech PCL's number of shares in issue last year was 3053.358.
==> 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.
Bio Green Energy Tech PCL's gross margin of this year was 0.04840485. Bio Green Energy Tech PCL's gross margin of last year was 0.02922632.
==> 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
Bio Green Energy Tech PCL's asset turnover of this year was 1.46726111. Bio Green Energy Tech PCL's asset turnover of last year was 1.45776732.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bio Green Energy Tech PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Bio Green Energy Tech PCL (BKK:BIOTEC) has a Piotroski F-Score of 8 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bio Green Energy Tech PCL and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Bio Green Energy Tech PCL's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Bio Green Energy Tech PCL ranks #41 out of 1562 companies in the Chemicals industry, placing it in the top 2.6%.
Is Bio Green Energy Tech PCL's Piotroski F-Score too high?
Bio Green Energy Tech PCL's current Piotroski F-Score of 8 is 100% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Chemicals industry median Piotroski F-Score is 5.00. Bio Green Energy Tech PCL's value of 8 is 60% above this industry median. Based on the distribution chart, Bio Green Energy Tech PCL ranks #41 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Bio Green Energy Tech PCL has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bio Green Energy Tech PCL's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Bio Green Energy Tech PCL ranks #41 out of 1562 companies for Piotroski F-Score. This places Bio Green Energy Tech PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bio Green Energy Tech PCL's value of 8 is 60% above this benchmark. Historically, Bio Green Energy Tech PCL'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 4.00 vs. the industry median of 5.00, Bio Green Energy Tech 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,562 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. Bio Green Energy Tech PCL's current Piotroski F-Score of 8 is 60% 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 Bio Green Energy Tech PCL and its competitors. For the Chemicals 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. Bio Green Energy Tech PCL's current Piotroski F-Score is 8, which is 100% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bio Green Energy Tech PCL stock overvalued right now?
Based on GuruFocus' analysis, Bio Green Energy Tech PCL (BKK:BIOTEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.23, compared to a current price of ฿0.24 — trading 4.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 60% above the Chemicals industry median of 5.00. Bio Green Energy Tech PCL's overall GF Score™ is 38/100 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 Bio Green Energy Tech PCL (BKK:BIOTEC), the current Piotroski F-Score is 8 as of Jul. 05, 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 Bio Green Energy Tech PCL (BKK:BIOTEC) Overvalued in 2026?
Based on GuruFocus' analysis, Bio Green Energy Tech PCL stock appears to be overvalued.
The current stock price of ฿0.24 is trading 4.3% above its estimated GF Value™ of ฿0.23.
GuruFocus considers Bio Green Energy Tech PCL to be Fairly Valued.
Key valuation signals for BKK:BIOTEC:
Piotroski F-Score: 8 (100% above median its 10-year median of 4.00)
GF Value™: ฿0.23 vs. price of ฿0.24 (4.3% above fair value)
Industry Position: 60% above the Chemicals median (#41 of 1562)
No single metric tells the full story. See the BKK:BIOTEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bio Green Energy Tech PCL is a Thailand-based maritime service provider. The principal activities of the company are marine transportation, and manufacturing and distributing biodiesel and glycerine products. The Group has two reportable segments which comprise manufacturing and distributing biodiesel and glycerine products, and marine transportation. The majority of revenue is derived from the manufacturing and distributing biodiesel and glycerine products segment.
38GF Score
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