Chaosua Foods Industry PCL (BKK:CHAO) Piotroski F-Score: 6 (As of Jul. 20, 2026) — Near Median

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BKK:CHAO Chaosua Foods Industry PCL BKK:CHAO
22 GF Score
Price ฿4.20
! 2 Warning Signs
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What is Chaosua Foods Industry PCL Piotroski F-Score?

Chaosua Foods Industry PCL BKK:CHAO -0.47% 22 Piotroski F-Score is 6 as of Jul. 20, 2026, which is at its 10-year median of 6.00. GuruFocus rates BKK:CHAO with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Chaosua Foods Industry PCL ranks better than 73.35% 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

Chaosua Foods Industry 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 Chaosua Foods Industry PCL's Piotroski F-Score or its related term are showing as below:

BKK:CHAO' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 6
Current: 6

During the past 4 years, the highest Piotroski F-Score of Chaosua Foods Industry PCL was 6. The lowest was 4. And the median was 6.

Chaosua Foods Industry PCL  (BKK:CHAO) 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.


Chaosua Foods Industry PCL Piotroski F-Score Related Terms


Chaosua Foods Industry PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Chaosua Foods Industry 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.

Chaosua Foods Industry PCL Piotroski F-Score Chart

Chaosua Foods Industry PCL Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A N/A 4.00

Chaosua Foods Industry PCL Quarterly Data
Dec22 Mar23 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 6.00 N/A N/A 4.00 6.00

BKK:CHAO vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Chaosua Foods Industry 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.


Chaosua Foods Industry PCL Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaosua Foods Industry PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Chaosua Foods Industry PCL's Piotroski F-Score falls into.


BKK:CHAO
22GF Score
Chaosua Foods Industry PCL BKK:CHAO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 1.818 + 10.281 + 46.183 + 17.646 = ฿76 Mil.
Cash Flow from Operations was -17.075 + 39.784 + 51.736 + 50.621 = ฿125 Mil.
Revenue was 340.188 + 341.313 + 410.831 + 293.074 = ฿1,385 Mil.
Gross Profit was 115.037 + 121.096 + 159.869 + 106.707 = ฿503 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1346.294 + 1299.439 + 1345.577 + 1421.072 + 1367.105) / 5 = ฿1355.8974 Mil.
Total Assets at the begining of this year (Mar25) was ฿1,346 Mil.
Long-Term Debt & Capital Lease Obligation was ฿133 Mil.
Total Current Assets was ฿565 Mil.
Total Current Liabilities was ฿157 Mil.
Net Income was 33.115 + 53.661 + 19.972 + 11.53 = ฿118 Mil.

Revenue was 342.927 + 454.045 + 433.944 + 323.251 = ฿1,554 Mil.
Gross Profit was 129.486 + 170.818 + 147.845 + 109.122 = ฿557 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(863.247 + 0 + 1285.134 + 1327.827 + 1346.294) / 5 = ฿1205.6255 Mil.
Total Assets at the begining of last year (Mar24) was ฿863 Mil.
Long-Term Debt & Capital Lease Obligation was ฿139 Mil.
Total Current Assets was ฿850 Mil.
Total Current Liabilities was ฿141 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.

Chaosua Foods Industry PCL's current Net Income (TTM) was 76. ==> 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.

Chaosua Foods Industry PCL's current Cash Flow from Operations (TTM) was 125. ==> 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)
=75.928/1346.294
=0.05639779

ROA (Last Year)=Net Income/Total Assets (Mar24)
=118.278/863.247
=0.13701525

Chaosua Foods Industry PCL's return on assets of this year was 0.05639779. Chaosua Foods Industry PCL's return on assets of last year was 0.13701525. ==> Last year is higher ==> Score 0.

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.

Chaosua Foods Industry PCL's current Net Income (TTM) was 76. Chaosua Foods Industry PCL's current Cash Flow from Operations (TTM) was 125. ==> 125 > 76 ==> 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
=132.633/1355.8974
=0.09781935

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=138.71/1205.6255
=0.11505231

Chaosua Foods Industry PCL's gearing of this year was 0.09781935. Chaosua Foods Industry PCL's gearing of last year was 0.11505231. ==> 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
=564.571/157.206
=3.5912815

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=849.912/141.475
=6.00750663

Chaosua Foods Industry PCL's current ratio of this year was 3.5912815. Chaosua Foods Industry PCL's current ratio of last year was 6.00750663. ==> 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.

Chaosua Foods Industry PCL's number of shares in issue this year was 297.319. Chaosua Foods Industry PCL's number of shares in issue last year was 300. ==> 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
=502.709/1385.406
=0.36286042

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=557.271/1554.167
=0.35856571

Chaosua Foods Industry PCL's gross margin of this year was 0.36286042. Chaosua Foods Industry PCL's gross margin of last year was 0.35856571. ==> 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)
=1385.406/1346.294
=1.0290516

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1554.167/863.247
=1.80037347

Chaosua Foods Industry PCL's asset turnover of this year was 1.0290516. Chaosua Foods Industry PCL's asset turnover of last year was 1.80037347. ==> 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+0+1+1+0+1+1+0
=6

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

Chaosua Foods Industry PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Chaosua Foods Industry PCL (BKK:CHAO) has a Piotroski F-Score of 6 as of Jul. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Chaosua Foods Industry PCL and its competitors. This is near median its historical median of 6.00. Over the past decade, Chaosua Foods Industry PCL's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Chaosua Foods Industry PCL ranks #510 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 26.6%.
Is Chaosua Foods Industry PCL's Piotroski F-Score too high?
Chaosua Foods Industry PCL's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Chaosua Foods Industry PCL's value of 6 is 20% above this industry median. Based on the distribution chart, Chaosua Foods Industry PCL ranks #510 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Chaosua Foods Industry PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Chaosua Foods Industry PCL's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Chaosua Foods Industry PCL ranks #510 out of 1914 companies for Piotroski F-Score. This puts Chaosua Foods Industry PCL in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Chaosua Foods Industry PCL's value of 6 is 20% above this benchmark. Historically, Chaosua Foods Industry PCL's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Chaosua Foods Industry 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,914 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. Chaosua Foods Industry 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 Chaosua Foods Industry PCL and its competitors. For the Consumer Packaged Goods 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. Chaosua Foods Industry PCL's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaosua Foods Industry PCL stock overvalued right now?
Chaosua Foods Industry PCL (BKK:CHAO) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Chaosua Foods Industry PCL's overall GF Score™ is 22/100 with 2 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 Chaosua Foods Industry PCL (BKK:CHAO), the current Piotroski F-Score is 6 as of Jul. 20, 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.

Chaosua Foods Industry PCL Business Description

Address Mittraphap Road, No. 99, Village No. 9, Sunaree Subdistrict, Mueang District, Nakhon Ratchasima, THA, 30000
Chaosua Foods Industry PCL is engaged in the production and distribution of snacks. and processed food products from meat. The company has two reportable segments as follows: Snacks and Meal. Key revenue is generated from Snacks. The company operates in Thailand, China, the United States, Australia, Hong Kong, and Others.
22GF Score

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