The Platinum Group PCL (BKK:PLAT-R) Piotroski F-Score: 6 (As of Aug. 26, 2026) — 20% Above Median

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BKK:PLAT-R The Platinum Group PCL BKK:PLAT-R
67 GF Score
Price ฿1.38
GF Value ฿2.18
Valuation Possible Value Trap
! 8 Warning Signs
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What is The Platinum Group PCL Piotroski F-Score?

The Platinum Group PCL BKK:PLAT-R -1.17% 67 Piotroski F-Score is 6 as of Aug. 26, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates BKK:PLAT-R with a GF Score™ of 67/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,749 Real Estate companies, The Platinum Group PCL ranks better than 78.5% 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

The Platinum Group 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 The Platinum Group PCL's Piotroski F-Score or its related term are showing as below:

BKK:PLAT-R' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 6

During the past 12 years, the highest Piotroski F-Score of The Platinum Group PCL was 8. The lowest was 1. And the median was 5.

The Platinum Group PCL  (BKK:PLAT-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.

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.


The Platinum Group PCL Piotroski F-Score Related Terms


The Platinum Group PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Platinum Group 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.

The Platinum Group PCL Piotroski F-Score Chart

The Platinum Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 6.00 8.00 8.00 6.00

The Platinum Group PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 6.00 6.00 3.00 6.00

BKK:PLAT-R vs CBRE, BEKE, JLL: Piotroski F-Score Comparison

For the Real Estate - Development subindustry, The Platinum Group 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.


The Platinum Group PCL Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The Platinum Group PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The Platinum Group PCL's Piotroski F-Score falls into.


BKK:PLAT-R
67GF Score
The Platinum Group PCL BKK:PLAT-R
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 95.145 + 108.582 + 146.168 + 160.014 = ฿510 Mil.
Cash Flow from Operations was 255.475 + 412.678 + 420.098 + 220.375 = ฿1,309 Mil.
Revenue was 654.288 + 675.787 + 730.17 + 652.562 = ฿2,713 Mil.
Gross Profit was 319.23 + 327.093 + 372.111 + 294.518 = ฿1,313 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(13361.104 + 13344.282 + 13778.506 + 13939.323 + 13129.519) / 5 = ฿13510.5468 Mil.
Total Assets at the begining of this year (Jun25) was ฿13,361 Mil.
Long-Term Debt & Capital Lease Obligation was ฿3,401 Mil.
Total Current Assets was ฿1,184 Mil.
Total Current Liabilities was ฿815 Mil.
Net Income was 122.64 + 146.419 + 144.823 + 81.243 = ฿495 Mil.

Revenue was 658.367 + 706.91 + 726.213 + 622.734 = ฿2,714 Mil.
Gross Profit was 338.366 + 375.611 + 381.228 + 289.325 = ฿1,385 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(11529.898 + 11463.094 + 11776.595 + 11878.719 + 13361.104) / 5 = ฿12001.882 Mil.
Total Assets at the begining of last year (Jun24) was ฿11,530 Mil.
Long-Term Debt & Capital Lease Obligation was ฿4,168 Mil.
Total Current Assets was ฿1,129 Mil.
Total Current Liabilities was ฿795 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.

The Platinum Group PCL's current Net Income (TTM) was 510. ==> 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.

The Platinum Group PCL's current Cash Flow from Operations (TTM) was 1,309. ==> 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 (Jun25)
=509.909/13361.104
=0.03816369

ROA (Last Year)=Net Income/Total Assets (Jun24)
=495.125/11529.898
=0.0429427

The Platinum Group PCL's return on assets of this year was 0.03816369. The Platinum Group PCL's return on assets of last year was 0.0429427. ==> 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.

The Platinum Group PCL's current Net Income (TTM) was 510. The Platinum Group PCL's current Cash Flow from Operations (TTM) was 1,309. ==> 1,309 > 510 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=3401.499/13510.5468
=0.2517662

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=4168.388/12001.882
=0.3473112

The Platinum Group PCL's gearing of this year was 0.2517662. The Platinum Group PCL's gearing of last year was 0.3473112. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=1184.348/815.28
=1.45268865

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1128.685/794.533
=1.42056403

The Platinum Group PCL's current ratio of this year was 1.45268865. The Platinum Group PCL's current ratio of last year was 1.42056403. ==> 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.

The Platinum Group PCL's number of shares in issue this year was 2666.9. The Platinum Group PCL's number of shares in issue last year was 2708.1. ==> 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
=1312.952/2712.807
=0.48398283

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1384.53/2714.224
=0.5101016

The Platinum Group PCL's gross margin of this year was 0.48398283. The Platinum Group PCL's gross margin of last year was 0.5101016. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=2712.807/13361.104
=0.20303764

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=2714.224/11529.898
=0.23540746

The Platinum Group PCL's asset turnover of this year was 0.20303764. The Platinum Group PCL's asset turnover of last year was 0.23540746. ==> 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+1+1+0+0
=6

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

The Platinum Group 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?
The Platinum Group PCL (BKK:PLAT-R) has a Piotroski F-Score of 6 as of Aug. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Platinum Group PCL and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, The Platinum Group PCL's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, The Platinum Group PCL ranks #376 out of 1749 companies in the Real Estate industry, placing it in the top 21.5%.
Is The Platinum Group PCL's Piotroski F-Score too high?
The Platinum Group 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 1.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. The Platinum Group PCL's value of 6 is 20% above this industry median. Based on the distribution chart, The Platinum Group PCL ranks #376 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, The Platinum Group PCL has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Platinum Group PCL's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, The Platinum Group PCL ranks #376 out of 1749 companies for Piotroski F-Score. This places The Platinum Group PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The Platinum Group PCL's value of 6 is 20% above this benchmark. Historically, The Platinum Group PCL's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, The Platinum Group 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 1,749 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. The Platinum Group 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 The Platinum Group 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. The Platinum Group 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 The Platinum Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Platinum Group PCL (BKK:PLAT-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.38 — trading 36.6% below 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 Real Estate industry median of 5.00. The Platinum Group PCL's overall GF Score™ is 67/100 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 The Platinum Group PCL (BKK:PLAT-R), the current Piotroski F-Score is 6 as of Aug. 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 The Platinum Group PCL (BKK:PLAT-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Platinum Group PCL stock appears to be undervalued. The current stock price of ฿1.38 is trading 36.6% below its estimated GF Value™ of ฿2.18. GuruFocus considers The Platinum Group PCL to be Possible Value Trap.

Key valuation signals for BKK:PLAT-R:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ฿2.18 vs. price of ฿1.38 (36.6% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 20% above the Real Estate median (#376 of 1749)

No single metric tells the full story. See the BKK:PLAT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Platinum Group PCL Business Description

Other Exchanges PLAT:Thailand
Address Ratchadamri Road, 21st Floor, 111 Pier 111 (M2) Building, Lumphini, Pathumwan, Bangkok, THA, 10330
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in Thailand. Its business includes the Platinum Fashion Mall, The Market Bangkok, PIER 111, Novotel Bangkok Platinum Pratunam, Moxy Bangkok Ratchaprasong, and Holiday Inn Resort Samui Bophut Beach. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments, which are the Development and rental of retail space in shopping center and office spaces segment; Hotel operations segment; and Food and beverages centers segment. The company generates the majority of its revenue from the Hotel operations segment.
67GF Score

Get the complete analysis for BKK:PLAT-R

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.38
Price
฿2.18
GF Value