Sappe PCLBKK:SAPPE +2.36%92 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates BKK:SAPPE with a GF Score™ of 92/100 and a GF Value™ of ฿56.25 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Sappe PCL ranks worse than 50.89% 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
Sappe PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Sappe PCL's Piotroski F-Score or its related term are showing as below:
BKK:SAPPE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Sappe PCL was 8. The lowest was 4. And the median was 6.
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.
Sappe PCL Piotroski F-Score Related Terms
Sappe PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sappe 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:SAPPE vs KO, PEP, MNST: Piotroski F-Score Comparison
For the Beverages - Non-Alcoholic subindustry, Sappe 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.
Sappe PCL Piotroski F-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Sappe PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sappe 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.
Sappe PCL's current Net Income (TTM) was 736.
==> 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.
Sappe PCL's return on assets of this year was 0.12093364. Sappe PCL's return on assets of last year was 0.18503511.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sappe PCL's current ratio of this year was 2.33091465. Sappe PCL's current ratio of last year was 2.22485439.
==> 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.
Sappe PCL's number of shares in issue this year was 307.622. Sappe PCL's number of shares in issue last year was 307.841.
==> 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.
Sappe PCL's gross margin of this year was 0.4426345. Sappe PCL's gross margin of last year was 0.4643098.
==> 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
Sappe PCL's asset turnover of this year was 0.88825903. Sappe PCL's asset turnover of last year was 1.00139495.
==> 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
Sappe PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Sappe PCL (BKK:SAPPE) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sappe PCL and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Sappe PCL's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Sappe PCL ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50.9%.
Is Sappe PCL's Piotroski F-Score too high?
Sappe PCL's current Piotroski F-Score of 5 is 17% below 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 8.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 5.50. Sappe PCL's value of 5 is 9.1% below this industry median. Based on the distribution chart, Sappe PCL ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Sappe PCL has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sappe PCL's Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Sappe PCL ranks #57 out of 112 companies for Piotroski F-Score. This places Sappe PCL in the lower half of its industry. The industry median Piotroski F-Score is 5.50. Sappe PCL's value of 5 is 9.1% below this benchmark. Historically, Sappe PCL's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.50, Sappe PCL has consistently been below 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 Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 5.50, based on 112 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. Sappe PCL's current Piotroski F-Score of 5 is 9.1% below 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 Sappe PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sappe PCL's current Piotroski F-Score is 5, which is 17% below 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 Sappe PCL stock overvalued right now?
Based on GuruFocus' analysis, Sappe PCL (BKK:SAPPE) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿56.25, compared to a current price of ฿32.50 — trading 42.2% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 9.1% below the Beverages - Non-Alcoholic industry median of 5.50. Sappe PCL's overall GF Score™ is 92/100 with 5 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 Sappe PCL (BKK:SAPPE), the current Piotroski F-Score is 5 as of Jun. 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.
Is Sappe PCL (BKK:SAPPE) Overvalued in 2026?
Based on GuruFocus' analysis, Sappe PCL stock appears to be undervalued.
The current stock price of ฿32.50 is trading 42.2% below its estimated GF Value™ of ฿56.25.
GuruFocus considers Sappe PCL to be Significantly Undervalued.
Key valuation signals for BKK:SAPPE:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ฿56.25 vs. price of ฿32.50 (42.2% below fair value)
Industry Position: 9.1% below the Beverages - Non-Alcoholic median (#57 of 112)
No single metric tells the full story. See the BKK:SAPPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sappe PCL is a Thailand-based company engaged in the manufacturing and distribution of healthy drinks and Food products. The firm's segments are Health drinking products and Coconut products. It generates a majority of its revenue from the Health drinking products segment. The company's products are Sappe beauti drink, Sappe beauti powder, Preaw Coffee, Sappe aloe vera, and others. Geographically, the firm has operational footprints in Thailand, Asia, Europe, America, and Others. It generates a majority of its revenue from Asia.
92GF Score
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