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.
Masstec Link PCLBKK:MASTEC 17 Piotroski F-Score is 6 as of Jul. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates BKK:MASTEC with a GF Score™ of 17/100. The stock has 7 warning signs investors should review. Among 151 Industrial Distribution companies, Masstec Link PCL ranks better than 71.52% 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
Masstec Link 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 Masstec Link PCL's Piotroski F-Score or its related term are showing as below:
BKK:MASTEC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 6
Current: 6
During the past 3 years, the highest Piotroski F-Score of Masstec Link PCL was 6. The lowest was 6. And the median was 6.
Masstec Link PCL (BKK:MASTEC) 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.
Masstec Link PCL Piotroski F-Score Related Terms
Masstec Link PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Masstec Link 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.
Masstec Link PCL Piotroski F-Score Chart
Masstec Link PCL Annual Data
Trend
Dec23
Dec24
Dec25
Piotroski F-Score
N/A
N/A
6.00
Masstec Link PCL Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Piotroski F-Score
N/A
0.00
N/A
0.00
6.00
BKK:MASTEC vs GWW, FAST, FERG: Piotroski F-Score Comparison
For the Industrial Distribution subindustry, Masstec Link 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.
Masstec Link PCL Piotroski F-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Masstec Link PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Masstec Link 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.
Masstec Link PCL's current Net Income (TTM) was 22.9.
==> 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.
Masstec Link PCL's return on assets of this year was 0.02961132. Masstec Link PCL's return on assets of last year was 0.05492284.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Masstec Link PCL's gearing of this year was 0.02174496. Masstec Link PCL's gearing of last year was 0.02744001.
==> 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
Masstec Link PCL's current ratio of this year was 1.43842926. Masstec Link PCL's current ratio of last year was 1.12696726.
==> 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.
Masstec Link PCL's number of shares in issue this year was 236.367. Masstec Link 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.
Masstec Link PCL's gross margin of this year was 0.28367791. Masstec Link PCL's gross margin of last year was 0.28291018.
==> 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
Masstec Link PCL's asset turnover of this year was 1.11145327. Masstec Link PCL's asset turnover of last year was 1.22618246.
==> 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
+
0
+
1
+
1
+
1
+
1
+
0
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Masstec Link PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Masstec Link PCL (BKK:MASTEC) has a Piotroski F-Score of 6 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Masstec Link PCL and its competitors. This is near median its historical median of 6.00. Over the past decade, Masstec Link PCL's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Masstec Link PCL ranks #43 out of 151 companies in the Industrial Distribution industry, placing it in the top 28.5%.
Is Masstec Link PCL's Piotroski F-Score too high?
Masstec Link 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 6.00 to a high of 6.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Masstec Link PCL's value of 6 is 0% at this industry median. Based on the distribution chart, Masstec Link PCL ranks #43 out of 151 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Masstec Link PCL has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Masstec Link PCL's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Masstec Link PCL ranks #43 out of 151 companies for Piotroski F-Score. This puts Masstec Link PCL in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Masstec Link PCL's value of 6 is 0% at this benchmark. Historically, Masstec Link PCL's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Masstec Link 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 Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 151 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. Masstec Link PCL's current Piotroski F-Score of 6 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 Masstec Link PCL and its competitors. For the Industrial Distribution 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. Masstec Link 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 Masstec Link PCL stock overvalued right now?
Masstec Link PCL (BKK:MASTEC) 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 0% at the Industrial Distribution industry median of 6.00. Masstec Link PCL's overall GF Score™ is 17/100 with 7 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 Masstec Link PCL (BKK:MASTEC), the current Piotroski F-Score is 6 as of Jul. 29, 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.
Masstec Link PCL imports and supplies engineering products. The segment information can be classified into two categories: Sales segment: This segment involves the distribution of equipment for air conditioning systems, sanitary systems, fire protection systems, refrigerant piping systems, air duct systems, swimming pool systems, water pumping systems, fire barrier systems, and electric vehicle charging; Service segment: This segment provides procurement, design, installation, and repair maintenance service related to air conditioning systems, sanitary systems, fire protection systems, water pumping systems, cooling tower systems, air duct systems, fire barrier systems, energy-saving products for water treatment systems, cooling systems, chilled water systems for commercial AC.
17GF Score
Get the complete analysis for BKK:MASTEC
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:MASTEC has been successfully added to your 
