SCI Electric PCL (BKK:SCI) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 60% Above Median


BKK:SCI SCI Electric PCL BKK:SCI
37 GF Score
Price ฿0.95
GF Value ฿0.74
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SCI Electric PCL Piotroski F-Score?

SCI Electric PCL BKK:SCI -1.04% 37 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates BKK:SCI with a GF Score™ of 37/100 and a GF Value™ of ฿0.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, SCI Electric PCL ranks better than 97.95% 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

SCI Electric 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 SCI Electric PCL's Piotroski F-Score or its related term are showing as below:

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

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

SCI Electric PCL  (BKK:SCI) 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.


SCI Electric PCL Piotroski F-Score Related Terms


SCI Electric PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SCI Electric 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.

SCI Electric PCL Piotroski F-Score Chart

SCI Electric 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 7.00 2.00 5.00 6.00 8.00

SCI Electric PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 7.00 6.00 8.00 8.00

BKK:SCI vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, SCI Electric 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.


SCI Electric PCL Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SCI Electric PCL's Piotroski F-Score distribution charts can be found below:

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


BKK:SCI
37GF Score
SCI Electric PCL BKK:SCI
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 1.703 + 2.511 + 13.87 + -9.081 = ฿9 Mil.
Cash Flow from Operations was -19.413 + 21.537 + 84.418 + 2.333 = ฿89 Mil.
Revenue was 310.723 + 324.716 + 338.495 + 255.495 = ฿1,229 Mil.
Gross Profit was 19.447 + 31.813 + 29.788 + 21.66 = ฿103 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1524.606 + 1553.69 + 1612.274 + 1675.759 + 1581.077) / 5 = ฿1589.4812 Mil.
Total Assets at the begining of this year (Mar25) was ฿1,525 Mil.
Long-Term Debt & Capital Lease Obligation was ฿245 Mil.
Total Current Assets was ฿827 Mil.
Total Current Liabilities was ฿343 Mil.
Net Income was -18.579 + -47.844 + -173.72 + 0.38 = ฿-240 Mil.

Revenue was 382.406 + 391.878 + 166.866 + 222.739 = ฿1,164 Mil.
Gross Profit was 19.856 + 8.23 + 12.323 + 14.744 = ฿55 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1716.535 + 1785.788 + 1487.063 + 1119.926 + 1524.606) / 5 = ฿1526.7836 Mil.
Total Assets at the begining of last year (Mar24) was ฿1,717 Mil.
Long-Term Debt & Capital Lease Obligation was ฿274 Mil.
Total Current Assets was ฿761 Mil.
Total Current Liabilities was ฿300 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.

SCI Electric PCL's current Net Income (TTM) was 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.

Score 1 if positive, 0 if negative.

SCI Electric PCL's current Cash Flow from Operations (TTM) was 89. ==> 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 (Mar25)
=9.003/1524.606
=0.00590513

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-239.763/1716.535
=-0.13967848

SCI Electric PCL's return on assets of this year was 0.00590513. SCI Electric PCL's return on assets of last year was -0.13967848. ==> This year is higher. ==> Score 1.

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.

SCI Electric PCL's current Net Income (TTM) was 9. SCI Electric PCL's current Cash Flow from Operations (TTM) was 89. ==> 89 > 9 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=244.824/1589.4812
=0.15402762

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=273.695/1526.7836
=0.17926247

SCI Electric PCL's gearing of this year was 0.15402762. SCI Electric PCL's gearing of last year was 0.17926247. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=827.055/343.448
=2.4080938

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=760.858/299.896
=2.53707285

SCI Electric PCL's current ratio of this year was 2.4080938. SCI Electric PCL's current ratio of last year was 2.53707285. ==> Last year's current ratio is higher ==> Score 0.

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.

SCI Electric PCL's number of shares in issue this year was 750. SCI Electric PCL's number of shares in issue last year was 750. ==> 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
=102.708/1229.429
=0.08354122

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=55.153/1163.889
=0.04738682

SCI Electric PCL's gross margin of this year was 0.08354122. SCI Electric PCL's gross margin of last year was 0.04738682. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1229.429/1524.606
=0.80639129

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1163.889/1716.535
=0.6780456

SCI Electric PCL's asset turnover of this year was 0.80639129. SCI Electric PCL's asset turnover of last year was 0.6780456. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+1
=8

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

SCI Electric PCL has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
SCI Electric PCL (BKK:SCI) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SCI Electric PCL and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, SCI Electric PCL's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, SCI Electric PCL ranks #61 out of 2979 companies in the Industrial Products industry, placing it in the top 2%.
Is SCI Electric PCL's Piotroski F-Score too high?
SCI Electric PCL's current Piotroski F-Score of 8 is 60% 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 Industrial Products industry median Piotroski F-Score is 5.00. SCI Electric PCL's value of 8 is 60% above this industry median. Based on the distribution chart, SCI Electric PCL ranks #61 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SCI Electric PCL has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SCI Electric PCL's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, SCI Electric PCL ranks #61 out of 2979 companies for Piotroski F-Score. This places SCI Electric PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. SCI Electric PCL's value of 8 is 60% above this benchmark. Historically, SCI Electric 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, SCI Electric 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. SCI Electric 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 SCI Electric PCL and its competitors. For the Industrial Products 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. SCI Electric PCL's current Piotroski F-Score is 8, which is 60% 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 SCI Electric PCL stock overvalued right now?
Based on GuruFocus' analysis, SCI Electric PCL (BKK:SCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.74, compared to a current price of ฿0.95 — trading 28.4% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Industrial Products industry median of 5.00. SCI Electric PCL's overall GF Score™ is 37/100 with 3 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 SCI Electric PCL (BKK:SCI), the current Piotroski F-Score is 8 as of Jun. 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 SCI Electric PCL (BKK:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, SCI Electric PCL stock appears to be overvalued. The current stock price of ฿0.95 is trading 28.4% above its estimated GF Value™ of ฿0.74. GuruFocus considers SCI Electric PCL to be Modestly Overvalued.

Key valuation signals for BKK:SCI:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: ฿0.74 vs. price of ฿0.95 (28.4% above fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 60% above the Industrial Products median (#61 of 2979)

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


SCI Electric PCL Business Description

Address 107/1 Moo 1, Bangna-Trad Road, Bangprieng, Bangbo, Samutprakarn, THA, 10560
SCI Electric PCL manufactures and sells electric equipment and galvanized steel structures. The company's operating segments include Manufacture of switchboard, Manufacture and galvanized services and Services and others. Its offerings under the galvanized service segment include manufacturing and selling high-voltage transmission line towers, telecommunication towers, galvanizing steel structures and sale of wiring electric equipment and hot-dip galvanized service which accounts for the majority of the company revenues.
37GF Score

Get the complete analysis for BKK:SCI

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

฿0.95
Price
฿0.74
GF Value