SCG Decor PCLBKK:SCGD 15 Piotroski F-Score is 7 as of Jun. 27, 2026, which is at its 10-year median of 7.00. GuruFocus rates BKK:SCGD with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 394 Building Materials companies, SCG Decor PCL ranks better than 87.82% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
SCG Decor PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for SCG Decor PCL's Piotroski F-Score or its related term are showing as below:
BKK:SCGD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 7
Current: 7
During the past 5 years, the highest Piotroski F-Score of SCG Decor PCL was 7. The lowest was 6. And the median was 7.
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.
SCG Decor PCL Piotroski F-Score Related Terms
SCG Decor PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for SCG Decor 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:SCGD vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, SCG Decor 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.
SCG Decor PCL Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, SCG Decor PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where SCG Decor 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 222.56 + 304.447 + 188.117 + 246.344 = ฿961 Mil. Cash Flow from Operations was 1041.046 + 987.019 + 867.961 + 278.921 = ฿3,175 Mil. Revenue was 5770.123 + 5637.726 + 5307.925 + 5552.464 = ฿22,268 Mil. Gross Profit was 1632.452 + 1591.45 + 1416.327 + 1465.146 = ฿6,105 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(39428.885 + 38787.04 + 37063.86 + 36587.87 + 37219.915) / 5 = ฿37817.514 Mil. Total Assets at the begining of this year (Mar25) was ฿39,429 Mil. Long-Term Debt & Capital Lease Obligation was ฿3,433 Mil. Total Current Assets was ฿19,192 Mil. Total Current Liabilities was ฿12,548 Mil.
Net Income was 283.904 + 188.99 + 79.619 + 216.668 = ฿769 Mil.
Revenue was 6565.907 + 6235.443 + 5978.243 + 5959.812 = ฿24,739 Mil. Gross Profit was 1791.801 + 1622.151 + 1487.079 + 1581.502 = ฿6,483 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(43002.977 + 42072.467 + 40277.862 + 39823.151 + 39428.885) / 5 = ฿40921.0684 Mil. Total Assets at the begining of last year (Mar24) was ฿43,003 Mil. Long-Term Debt & Capital Lease Obligation was ฿587 Mil. Total Current Assets was ฿20,294 Mil. Total Current Liabilities was ฿16,855 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.
SCG Decor PCL's current Net Income (TTM) was 961.
==> 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.
SCG Decor PCL's return on assets of this year was 0.02438486. SCG Decor PCL's return on assets of last year was 0.01788669.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
SCG Decor PCL's gearing of this year was 0.09076868. SCG Decor PCL's gearing of last year was 0.01434958.
==> Last year is lower than this year ==> Score 0.
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
SCG Decor PCL's current ratio of this year was 1.52952106. SCG Decor PCL's current ratio of last year was 1.2040476.
==> 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.
SCG Decor PCL's number of shares in issue this year was 1642.293. SCG Decor PCL's number of shares in issue last year was 1666.677.
==> 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.
SCG Decor PCL's gross margin of this year was 0.27417414. SCG Decor PCL's gross margin of last year was 0.2620327.
==> 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
SCG Decor PCL's asset turnover of this year was 0.56476966. SCG Decor PCL's asset turnover of last year was 0.57529517.
==> 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
SCG Decor PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
SCG Decor PCL (BKK:SCGD) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SCG Decor PCL and its competitors. This is near median its historical median of 7.00. Over the past decade, SCG Decor PCL's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, SCG Decor PCL ranks #48 out of 394 companies in the Building Materials industry, placing it in the top 12.2%.
Is SCG Decor PCL's Piotroski F-Score too high?
SCG Decor PCL's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Building Materials industry median Piotroski F-Score is 5.00. SCG Decor PCL's value of 7 is 40% above this industry median. Based on the distribution chart, SCG Decor PCL ranks #48 out of 394 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, SCG Decor PCL has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does SCG Decor PCL's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, SCG Decor PCL ranks #48 out of 394 companies for Piotroski F-Score. This places SCG Decor PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. SCG Decor PCL's value of 7 is 40% above this benchmark. Historically, SCG Decor PCL's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, SCG Decor 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 394 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. SCG Decor PCL's current Piotroski F-Score of 7 is 40% 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 SCG Decor PCL and its competitors. For the Building Materials 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. SCG Decor PCL's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCG Decor PCL stock overvalued right now?
SCG Decor PCL (BKK:SCGD) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Building Materials industry median of 5.00. SCG Decor PCL's overall GF Score™ is 15/100 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 SCG Decor PCL (BKK:SCGD), the current Piotroski F-Score is 7 as of Jun. 27, 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.
SCG Decor PCL operates as a holding company in which its subsidiaries and associates operate business as manufacturers of floor tiles, wall tiles, and sanitary ware products in Thailand and other countries such as Vietnam. It consists of segments namely Decor Surfaces Business, which derives the maximum revenue; Bathroom Business, and others segment. Geographically, it generates majority revenue from Thailand and also has its presence in Vietnam, The Philippines and Indonesia, and Other countries.
15GF Score
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