Prime Road Power PCLBKK:PRIME Piotroski F-Score is 8 as of Jun. 25, 2026, which is 100% above its 10-year median of 4.00. The stock has 5 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, Prime Road Power PCL ranks better than 99.05% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Prime Road Power PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Prime Road Power PCL's Piotroski F-Score or its related term are showing as below:
BKK:PRIME'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Prime Road Power PCL was 8. The lowest was 2. And the median was 4.
Prime Road Power PCL (BKK:PRIME) 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.
Prime Road Power PCL Piotroski F-Score Related Terms
Prime Road Power PCL Piotroski F-Score Historical Data
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The historical data trend for Prime Road Power 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.
Prime Road Power PCL Piotroski F-Score Competitor Comparison
For the Utilities - Renewable subindustry, Prime Road Power 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.
Prime Road Power PCL Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Prime Road Power 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.
Prime Road Power PCL's current Net Income (TTM) was 88.5.
==> 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.
Prime Road Power PCL's return on assets of this year was 0.01214554. Prime Road Power PCL's return on assets of last year was -0.02774534.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Prime Road Power PCL's gearing of this year was 0.25768879. Prime Road Power PCL's gearing of last year was 0.29723411.
==> 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
Prime Road Power PCL's current ratio of this year was 0.37898637. Prime Road Power PCL's current ratio of last year was 0.30464881.
==> 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.
Prime Road Power PCL's number of shares in issue this year was 4241.333. Prime Road Power PCL's number of shares in issue last year was 4446.
==> 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.
Prime Road Power PCL's gross margin of this year was 0.47462435. Prime Road Power PCL's gross margin of last year was 0.33672721.
==> 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
Prime Road Power PCL's asset turnover of this year was 0.08448983. Prime Road Power PCL's asset turnover of last year was 0.12224022.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Prime Road Power PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Prime Road Power PCL (BKK:PRIME) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prime Road Power PCL and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Prime Road Power PCL's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Prime Road Power PCL ranks #4 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 1%.
Is Prime Road Power PCL's Piotroski F-Score too high?
Prime Road Power PCL's current Piotroski F-Score of 8 is 100% 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 Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Prime Road Power PCL's value of 8 is 60% above this industry median. Based on the distribution chart, Prime Road Power PCL ranks #4 out of 420 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Prime Road Power PCL's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Prime Road Power PCL ranks #4 out of 420 companies for Piotroski F-Score. This places Prime Road Power PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Prime Road Power PCL's value of 8 is 60% above this benchmark. Historically, Prime Road Power 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, Prime Road Power 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 Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 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. Prime Road Power PCL's current Piotroski F-Score of 8 is 60% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers 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. Prime Road Power PCL's current Piotroski F-Score is 8, which is 100% 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 Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.06 — trading 33.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 60% above the Utilities - Independent Power Producers 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 Prime Road Power PCL (BKK:PRIME), the current Piotroski F-Score is 8 as of Jun. 25, 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.
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.
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