Britania PCLBKK:BRI-R 44 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates BKK:BRI-R with a GF Score™ of 44/100 and a GF Value™ of ฿1.06. The stock has 11 warning signs investors should review. Among 1,756 Real Estate companies, Britania PCL ranks better than 79.9% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Britania PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Britania PCL's Piotroski F-Score or its related term are showing as below:
BKK:BRI-R'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 6
During the past 8 years, the highest Piotroski F-Score of Britania PCL was 6. The lowest was 3. And the median was 4.
Britania PCL (BKK:BRI-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.
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.
Britania PCL Piotroski F-Score Related Terms
Britania PCL Piotroski F-Score Historical Data
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The historical data trend for Britania 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.
Britania PCL Piotroski F-Score Competitor Comparison
For the Real Estate - Development subindustry, Britania 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.
Britania PCL Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Britania PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Britania 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.
Britania PCL's current Net Income (TTM) was 109.
==> 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.
Britania PCL's return on assets of this year was 0.0058806. Britania PCL's return on assets of last year was 0.00574422.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Britania PCL's gearing of this year was 0.20039498. Britania PCL's gearing of last year was 0.2302813.
==> 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
Britania PCL's current ratio of this year was 1.72986083. Britania PCL's current ratio of last year was 1.53661554.
==> 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.
Britania PCL's number of shares in issue this year was 1453.211. Britania PCL's number of shares in issue last year was 853.081.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Britania PCL's gross margin of this year was 0.31396984. Britania PCL's gross margin of last year was 0.31817031.
==> 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
Britania PCL's asset turnover of this year was 0.10005536. Britania PCL's asset turnover of last year was 0.13982832.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Britania PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Britania PCL (BKK:BRI-R) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Britania PCL and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Britania PCL's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Britania PCL ranks #353 out of 1756 companies in the Real Estate industry, placing it in the top 20.1%.
Is Britania PCL's Piotroski F-Score too high?
Britania PCL's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. Britania PCL's value of 6 is 20% above this industry median. Based on the distribution chart, Britania PCL ranks #353 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Britania PCL has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Britania PCL's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Britania PCL ranks #353 out of 1756 companies for Piotroski F-Score. This places Britania PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Britania PCL's value of 6 is 20% above this benchmark. Historically, Britania PCL's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Britania 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. Britania PCL's current Piotroski F-Score of 6 is 20% 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 Britania PCL and its competitors. For the Real Estate 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. Britania PCL's current Piotroski F-Score is 6, which is 50% 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 Britania PCL stock overvalued right now?
Britania PCL (BKK:BRI-R) has a current Piotroski F-Score of 6. The stock's GF Value™ is ฿1.06, compared to a current price of ฿1.33 — trading 25.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Real Estate industry median of 5.00. Britania PCL's overall GF Score™ is 44/100 with 11 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 Britania PCL (BKK:BRI-R), the current Piotroski F-Score is 6 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 Britania PCL (BKK:BRI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Britania PCL stock appears to be overvalued.
The current stock price of ฿1.33 is trading 25.5% above its estimated GF Value™ of ฿1.06.
Key valuation signals for BKK:BRI-R:
Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
GF Value™: ฿1.06 vs. price of ฿1.33 (25.5% above fair value)
Industry Position: 20% above the Real Estate median (#353 of 1756)
No single metric tells the full story. See the BKK:BRI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Britania PCL is a real estate developer in Thailand. It is engaged in the development of horizontal residential property, including detached houses, semi-detached houses, and townhomes. The company focuses on project styles and design interiors, optimizes space utilization and amenities, and provides after-sales services related to its projects, catering to the housing needs of a diverse range of customers, including first-time buyers, customer groups that plan to transition from renting to owning, freelance customer groups, senior executives, and large business owners, etc. Its business operations are carried out under the following primary brands: Brighton, Britania, Grand Britania, Belgravia, and Branded Residence Villa.
44GF Score
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