K.C. Metalsheet PCLBKK:KCM 36 Piotroski F-Score is 6 as of Jul. 12, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates BKK:KCM with a GF Score™ of 36/100 and a GF Value™ of ฿0.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,972 Industrial Products companies, K.C. Metalsheet PCL ranks better than 75.5% 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
K.C. Metalsheet 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 K.C. Metalsheet PCL's Piotroski F-Score or its related term are showing as below:
BKK:KCM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of K.C. Metalsheet PCL was 8. The lowest was 2. And the median was 5.
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.
K.C. Metalsheet PCL Piotroski F-Score Related Terms
K.C. Metalsheet PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for K.C. Metalsheet 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:KCM vs CRS, ATI, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, K.C. Metalsheet 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.
K.C. Metalsheet PCL Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, K.C. Metalsheet PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where K.C. Metalsheet 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.
K.C. Metalsheet PCL's current Net Income (TTM) was -11.6.
==> 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.
K.C. Metalsheet PCL's return on assets of this year was -0.01770275. K.C. Metalsheet PCL's return on assets of last year was -0.03075366.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
K.C. Metalsheet PCL's gearing of this year was 0.03174916. K.C. Metalsheet PCL's gearing of last year was 0.04291135.
==> 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
K.C. Metalsheet PCL's current ratio of this year was 0.80209363. K.C. Metalsheet PCL's current ratio of last year was 0.82453256.
==> 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.
K.C. Metalsheet PCL's number of shares in issue this year was 680. K.C. Metalsheet PCL's number of shares in issue last year was 680.
==> 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.
K.C. Metalsheet PCL's gross margin of this year was 0.2300523. K.C. Metalsheet PCL's gross margin of last year was 0.21229775.
==> 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
K.C. Metalsheet PCL's asset turnover of this year was 0.43817634. K.C. Metalsheet PCL's asset turnover of last year was 0.53286997.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
K.C. Metalsheet PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
K.C. Metalsheet PCL (BKK:KCM) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on K.C. Metalsheet PCL and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, K.C. Metalsheet PCL's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, K.C. Metalsheet PCL ranks #728 out of 2972 companies in the Industrial Products industry, placing it in the top 24.5%.
Is K.C. Metalsheet PCL's Piotroski F-Score too high?
K.C. Metalsheet PCL's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. 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. K.C. Metalsheet PCL's value of 6 is 20% above this industry median. Based on the distribution chart, K.C. Metalsheet PCL ranks #728 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, K.C. Metalsheet PCL has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K.C. Metalsheet PCL's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, K.C. Metalsheet PCL ranks #728 out of 2972 companies for Piotroski F-Score. This places K.C. Metalsheet PCL in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. K.C. Metalsheet PCL's value of 6 is 20% above this benchmark. Historically, K.C. Metalsheet 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 5.00 vs. the industry median of 5.00, K.C. Metalsheet 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,972 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. K.C. Metalsheet 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 K.C. Metalsheet 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. K.C. Metalsheet PCL's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K.C. Metalsheet PCL stock overvalued right now?
Based on GuruFocus' analysis, K.C. Metalsheet PCL (BKK:KCM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.21, compared to a current price of ฿0.29 — trading 38.1% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Industrial Products industry median of 5.00. K.C. Metalsheet PCL's overall GF Score™ is 36/100 with 8 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 K.C. Metalsheet PCL (BKK:KCM), the current Piotroski F-Score is 6 as of Jul. 12, 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 K.C. Metalsheet PCL (BKK:KCM) Overvalued in 2026?
Based on GuruFocus' analysis, K.C. Metalsheet PCL stock appears to be overvalued.
The current stock price of ฿0.29 is trading 38.1% above its estimated GF Value™ of ฿0.21.
GuruFocus considers K.C. Metalsheet PCL to be Significantly Overvalued.
Key valuation signals for BKK:KCM:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: ฿0.21 vs. price of ฿0.29 (38.1% above fair value)
Industry Position: 20% above the Industrial Products median (#728 of 2972)
No single metric tells the full story. See the BKK:KCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K.C. Metalsheet PCL is engaged in the manufacture and distribution of metal sheets for roofing and various other metal sheets. The company includes segments: Sales: Manufacturer and distributor of metal sheets, Contract work: Sales of manufactured goods under contract with the customers, and construction service, Services income: Roof installation services with metal sheets and various steel goods, and Rental income: Property rental service. The majority of the company's revenue is from the Sales Segment. The Group operates in a domestic.
36GF Score
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