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Southern Concrete Pile PCLBKK:SCP 88 Piotroski F-Score is 6 as of Aug. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates BKK:SCP with a GF Score™ of 88/100 and a GF Value™ of ฿7.81 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 392 Building Materials companies, Southern Concrete Pile PCL ranks better than 69.64% 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
Southern Concrete Pile 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 Southern Concrete Pile PCL's Piotroski F-Score or its related term are showing as below:
BKK:SCP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Southern Concrete Pile PCL was 9. 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.
Southern Concrete Pile PCL Piotroski F-Score Related Terms
Southern Concrete Pile PCL Piotroski F-Score Historical Data
* 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:SCP vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Southern Concrete Pile 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.
Southern Concrete Pile PCL Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Southern Concrete Pile PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Southern Concrete Pile 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.
Southern Concrete Pile PCL's current Net Income (TTM) was 293.
==> 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.
Southern Concrete Pile PCL's current Cash Flow from Operations (TTM) was 345.
==> 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.
Southern Concrete Pile PCL's return on assets of this year was 0.10861656. Southern Concrete Pile PCL's return on assets of last year was 0.13171252.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Southern Concrete Pile PCL's gearing of this year was 0.01095196. Southern Concrete Pile PCL's gearing of last year was 0.0156255.
==> 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
Southern Concrete Pile PCL's current ratio of this year was 4.06005355. Southern Concrete Pile PCL's current ratio of last year was 3.98092015.
==> 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.
Southern Concrete Pile PCL's number of shares in issue this year was 282.3. Southern Concrete Pile PCL's number of shares in issue last year was 282.3.
==> 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.
Southern Concrete Pile PCL's gross margin of this year was 0.27607132. Southern Concrete Pile PCL's gross margin of last year was 0.28036015.
==> 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
Southern Concrete Pile PCL's asset turnover of this year was 0.87340924. Southern Concrete Pile PCL's asset turnover of last year was 0.8842594.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Southern Concrete Pile PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Southern Concrete Pile PCL (BKK:SCP) has a Piotroski F-Score of 6 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Southern Concrete Pile PCL and its competitors. This is near median its historical median of 6.00. Over the past decade, Southern Concrete Pile PCL's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Southern Concrete Pile PCL ranks #119 out of 392 companies in the Building Materials industry, placing it in the top 30.4%.
Is Southern Concrete Pile PCL's Piotroski F-Score too high?
Southern Concrete Pile PCL's current Piotroski F-Score of 6 is near 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 9.00. The Building Materials industry median Piotroski F-Score is 6.00. Southern Concrete Pile PCL's value of 6 is 0% at this industry median. Based on the distribution chart, Southern Concrete Pile PCL ranks #119 out of 392 companies in the Building Materials industry, which is above the industry midpoint. Overall, Southern Concrete Pile PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Concrete Pile PCL's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southern Concrete Pile PCL ranks #119 out of 392 companies for Piotroski F-Score. This puts Southern Concrete Pile PCL in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Southern Concrete Pile PCL's value of 6 is 0% at this benchmark. Historically, Southern Concrete Pile PCL's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Southern Concrete Pile PCL has consistently been at 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 6.00, based on 392 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. Southern Concrete Pile PCL's current Piotroski F-Score of 6 is 0% at 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 Southern Concrete Pile PCL and its competitors. For the Building Materials industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Concrete Pile PCL's current Piotroski F-Score is 6, which is near 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 Southern Concrete Pile PCL stock overvalued right now?
Based on GuruFocus' analysis, Southern Concrete Pile PCL (BKK:SCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.81, compared to a current price of ฿9.10 — trading 16.5% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Building Materials industry median of 6.00. Southern Concrete Pile PCL's overall GF Score™ is 88/100 with 7 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 Southern Concrete Pile PCL (BKK:SCP), the current Piotroski F-Score is 6 as of Aug. 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.
Is Southern Concrete Pile PCL (BKK:SCP) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Concrete Pile PCL stock appears to be overvalued.
The current stock price of ฿9.10 is trading 16.5% above its estimated GF Value™ of ฿7.81.
GuruFocus considers Southern Concrete Pile PCL to be Modestly Overvalued.
Key valuation signals for BKK:SCP:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ฿7.81 vs. price of ฿9.10 (16.5% above fair value)
Industry Position: 0% at the Building Materials median (#119 of 392)
No single metric tells the full story. See the BKK:SCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Concrete Pile PCL is engaged in the manufacture and distribution of pre-stressed concrete products. It is involved in a single segment of a Prestressed Concrete product involving manufacturing, sales, services, and installation. The company produces and supplies pre-stressed concrete products including pre-stressed concrete piles, pre-stressed concrete spun piles, precast concrete slabs, pre-stressed plank girders and retaining pre-stressed concrete piles; electricity concrete products, such as pre-stressed concrete poles, pre-stressed concrete cross-arms, pre-stressed concrete stubs, ground anchors and pole foundations, and drainage concrete products. Geographically, it operates in Thailand.
88GF Score
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