Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Berli Jucker PCLBKK:BJC-F 65 Piotroski F-Score is 8 as of Sep. 02, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates BKK:BJC-F with a GF Score™ of 65/100 and a GF Value™ of ฿72.68. The stock has 5 warning signs investors should review. Among 541 Conglomerates companies, Berli Jucker PCL ranks better than 98.52% 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
Berli Jucker 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 Berli Jucker PCL's Piotroski F-Score or its related term are showing as below:
BKK:BJC-F'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Berli Jucker PCL was 8. The lowest was 4. And the median was 7.
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.
Berli Jucker PCL Piotroski F-Score Related Terms
Berli Jucker PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Berli Jucker 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.
BKK:BJC-F vs MMM, HON: Piotroski F-Score Comparison
For the Conglomerates subindustry, Berli Jucker 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.
Berli Jucker PCL Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Berli Jucker PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Berli Jucker 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 636.707 + 1293.253 + 1057.374 + 2930.025 = ฿5,917 Mil. Cash Flow from Operations was 3820.937 + 5456.551 + 5189.037 + 4648.689 = ฿19,115 Mil. Revenue was 37024.075 + 39935.254 + 38191.336 + 43744.443 = ฿158,895 Mil. Gross Profit was 7374.701 + 8457.731 + 7935.994 + 8822.397 = ฿32,591 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(332021.017 + 331112.931 + 334490.52 + 335399.076 + 355021.607) / 5 = ฿337609.0302 Mil. Total Assets at the begining of this year (Jun25) was ฿332,021 Mil. Long-Term Debt & Capital Lease Obligation was ฿133,792 Mil. Total Current Assets was ฿52,655 Mil. Total Current Liabilities was ฿85,475 Mil.
Net Income was 701.363 + 1644.502 + 1091.111 + 1087.48 = ฿4,524 Mil.
Revenue was 38533.696 + 40821.115 + 38500.062 + 42625.569 = ฿160,480 Mil. Gross Profit was 7610.199 + 8583.676 + 7841.05 + 8417.677 = ฿32,453 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(336517.183 + 332947.834 + 337012.203 + 334621.462 + 332021.017) / 5 = ฿334623.9398 Mil. Total Assets at the begining of last year (Jun24) was ฿336,517 Mil. Long-Term Debt & Capital Lease Obligation was ฿119,199 Mil. Total Current Assets was ฿42,261 Mil. Total Current Liabilities was ฿73,402 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.
Berli Jucker PCL's current Net Income (TTM) was 5,917.
==> 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.
Berli Jucker PCL's return on assets of this year was 0.01782224. Berli Jucker PCL's return on assets of last year was 0.01344495.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Berli Jucker PCL's gearing of this year was 0.39629298. Berli Jucker PCL's gearing of last year was 0.35621667.
==> 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
Berli Jucker PCL's current ratio of this year was 0.61602625. Berli Jucker PCL's current ratio of last year was 0.57575153.
==> 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.
Berli Jucker PCL's number of shares in issue this year was 4069.479. Berli Jucker PCL's number of shares in issue last year was 4349.92.
==> 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.
Berli Jucker PCL's gross margin of this year was 0.20510904. Berli Jucker PCL's gross margin of last year was 0.20222154.
==> 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
Berli Jucker PCL's asset turnover of this year was 0.47856943. Berli Jucker PCL's asset turnover of last year was 0.47688632.
==> 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
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Berli Jucker PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Berli Jucker PCL (BKK:BJC-F) has a Piotroski F-Score of 8 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Berli Jucker PCL and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Berli Jucker PCL's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Berli Jucker PCL ranks #8 out of 541 companies in the Conglomerates industry, placing it in the top 1.5%.
Is Berli Jucker PCL's Piotroski F-Score too high?
Berli Jucker PCL'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 4.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 6.00. Berli Jucker PCL's value of 8 is 33.3% above this industry median. Based on the distribution chart, Berli Jucker PCL ranks #8 out of 541 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Berli Jucker PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Berli Jucker PCL's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Berli Jucker PCL ranks #8 out of 541 companies for Piotroski F-Score. This places Berli Jucker PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Berli Jucker PCL's value of 8 is 33.3% above this benchmark. Historically, Berli Jucker PCL's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Berli Jucker 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 6.00, based on 541 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. Berli Jucker PCL'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 Berli Jucker PCL and its competitors. For the Conglomerates 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. Berli Jucker PCL'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 Berli Jucker PCL stock overvalued right now?
Berli Jucker PCL (BKK:BJC-F) has a current Piotroski F-Score of 8. The stock's GF Value™ is ฿72.68, compared to a current price of ฿52.25 — trading 28.1% 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 Conglomerates industry median of 6.00. Berli Jucker PCL's overall GF Score™ is 65/100 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 Berli Jucker PCL (BKK:BJC-F), the current Piotroski F-Score is 8 as of Sep. 02, 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 Berli Jucker PCL (BKK:BJC-F) Overvalued in 2026?
Based on GuruFocus' analysis, Berli Jucker PCL stock appears to be undervalued.
The current stock price of ฿52.25 is trading 28.1% below its estimated GF Value™ of ฿72.68.
Key valuation signals for BKK:BJC-F:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: ฿72.68 vs. price of ฿52.25 (28.1% below fair value)
Industry Position: 33.3% above the Conglomerates median (#8 of 541)
No single metric tells the full story. See the BKK:BJC-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berli Jucker PCL is engaged in the manufacturing and sales of containers, personal care, and healthcare products. The firm operates through five segments based on the product type. The packaging supply chain segment, which sells glass containers, aluminum cans, and plastic packaging products. The consumer supply chain segment, which sells Food, Non-Food, Logistics, and Manufacturing and distribution in Vietnam. The healthcare & technical supply chain segment sells chemicals, engineering products & systems, pharmaceuticals, & hospital supplies. The modern retail supply chain operates various types of modern trade, which are wholesale business serving B2B customers, bookstore business, coffee shop business, drug store business, & Others. Maximum revenue from the Modern retail supply segment.
65GF Score
Get the complete analysis for BKK:BJC-F
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BJC-F has been successfully added to your 
