BT Wealth Industries PCLBKK:BTW -14.29% Piotroski F-Score is 5 as of Jul. 01, 2026, which is 25% above its 10-year median of 4.00. The stock has 2 warning signs investors should review. Among 2,971 Industrial Products companies, BT Wealth Industries PCL ranks better than 56.41% 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
BT Wealth Industries PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for BT Wealth Industries PCL's Piotroski F-Score or its related term are showing as below:
BKK:BTW'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 8
Current: 5
During the past 12 years, the highest Piotroski F-Score of BT Wealth Industries PCL was 8. The lowest was 2. And the median was 4.
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.
BT Wealth Industries PCL Piotroski F-Score Related Terms
BT Wealth Industries 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:BTW vs CRS, ATI, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, BT Wealth Industries 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.
BT Wealth Industries PCL Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where BT Wealth Industries 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.
BT Wealth Industries PCL's current Net Income (TTM) was -129.7.
==> Negative ==> Score 0.
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.
BT Wealth Industries PCL's current Cash Flow from Operations (TTM) was -20.9.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
BT Wealth Industries PCL's return on assets of this year was -0.20081094. BT Wealth Industries PCL's return on assets of last year was -0.05907052.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
BT Wealth Industries PCL's gearing of this year was 0.03199155. BT Wealth Industries PCL's gearing of last year was 0.03515072.
==> 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
BT Wealth Industries PCL's current ratio of this year was 0.42467592. BT Wealth Industries PCL's current ratio of last year was 0.61936524.
==> Last year's current ratio is higher ==> Score 0.
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.
BT Wealth Industries PCL's number of shares in issue this year was 756. BT Wealth Industries PCL's number of shares in issue last year was 756.
==> 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.
BT Wealth Industries PCL's gross margin of this year was -0.05331755. BT Wealth Industries PCL's gross margin of last year was -0.09632466.
==> 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
BT Wealth Industries PCL's asset turnover of this year was 0.71298585. BT Wealth Industries PCL's asset turnover of last year was 0.5569052.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
BT Wealth Industries PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
BT Wealth Industries PCL (BKK:BTW) has a Piotroski F-Score of 5 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BT Wealth Industries PCL and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, BT Wealth Industries PCL's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, BT Wealth Industries PCL ranks #1295 out of 2971 companies in the Industrial Products industry, placing it in the top 43.6%.
Is BT Wealth Industries PCL's Piotroski F-Score too high?
BT Wealth Industries PCL's current Piotroski F-Score of 5 is 25% 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 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. BT Wealth Industries PCL's value of 5 is 0% at this industry median. Based on the distribution chart, BT Wealth Industries PCL ranks #1295 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint.
How does BT Wealth Industries PCL's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #1295 out of 2971 companies for Piotroski F-Score. This puts BT Wealth Industries PCL in the upper half of its industry. The industry median Piotroski F-Score is 5.00. BT Wealth Industries PCL's value of 5 is 0% at this benchmark. Historically, BT Wealth Industries PCL's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, BT Wealth Industries PCL has consistently been at 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,971 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. BT Wealth Industries PCL's current Piotroski F-Score of 5 is 0% at 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 BT Wealth Industries PCL and its competitors. For the Industrial Products 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. BT Wealth Industries PCL's current Piotroski F-Score is 5, which is 25% 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 BT Wealth Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BT Wealth Industries PCL (BKK:BTW) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.06 — trading 60% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Industrial Products industry median of 5.00. 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 BT Wealth Industries PCL (BKK:BTW), the current Piotroski F-Score is 5 as of Jul. 01, 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.
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.
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