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Sansiri PCLBKK:SIRI +0.68%79 Piotroski F-Score is 4 as of Sep. 20, 2026, which is at its 10-year median of 4.00. GuruFocus rates BKK:SIRI with a GF Score™ of 79/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,748 Real Estate companies, Sansiri PCL ranks worse than 62.13% 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
Sansiri 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 Sansiri PCL's Piotroski F-Score or its related term are showing as below:
BKK:SIRI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Sansiri PCL was 8. The lowest was 2. And the median was 4.
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.
Sansiri PCL Piotroski F-Score Related Terms
Sansiri PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sansiri 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.
For the Real Estate - Development subindustry, Sansiri 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.
Sansiri PCL Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sansiri PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sansiri 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 942.63 + 1298.626705 + 588.894 + 833.503 = ฿3,664 Mil. Cash Flow from Operations was 3572.847 + 3826.711853 + -5395.587 + -2089.489 = ฿-86 Mil. Revenue was 7891.209 + 10637.498876 + 6667.219 + 7543.926 = ฿32,740 Mil. Gross Profit was 2381.634 + 3678.983167 + 1890.445 + 2368.309 = ฿10,319 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(150062.971 + 148426.355 + 145404.942691 + 147984.482 + 148908.194) / 5 = ฿148157.3889382 Mil. Total Assets at the begining of this year (Jun25) was ฿150,063 Mil. Long-Term Debt & Capital Lease Obligation was ฿36,850 Mil. Total Current Assets was ฿107,216 Mil. Total Current Liabilities was ฿63,365 Mil.
Net Income was 898.404 + 856.836297 + 686.92 + 983.221 = ฿3,425 Mil.
Revenue was 9345.148 + 10277.877676 + 6656.271 + 8786.348 = ฿35,066 Mil. Gross Profit was 3091.63 + 2927.58319 + 2191.037 + 2528.433 = ฿10,739 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(151763.481 + 151150.343 + 149399.159478 + 148515.041 + 150062.971) / 5 = ฿150178.1990956 Mil. Total Assets at the begining of last year (Jun24) was ฿151,763 Mil. Long-Term Debt & Capital Lease Obligation was ฿50,721 Mil. Total Current Assets was ฿110,393 Mil. Total Current Liabilities was ฿52,910 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.
Sansiri PCL's current Net Income (TTM) was 3,664.
==> 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.
Sansiri PCL's return on assets of this year was 0.02441411. Sansiri PCL's return on assets of last year was 0.02257052.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sansiri PCL's gearing of this year was 0.24872425. Sansiri PCL's gearing of last year was 0.33773718.
==> 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
Sansiri PCL's current ratio of this year was 1.6920543. Sansiri PCL's current ratio of last year was 2.0864371.
==> 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.
Sansiri PCL's number of shares in issue this year was 0. Sansiri PCL's number of shares in issue last year was 0.
==> 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.
Sansiri PCL's gross margin of this year was 0.31519296. Sansiri PCL's gross margin of last year was 0.30624514.
==> 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
Sansiri PCL's asset turnover of this year was 0.21817409. Sansiri PCL's asset turnover of last year was 0.23105456.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sansiri PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Sansiri PCL (BKK:SIRI) has a Piotroski F-Score of 4 as of Sep. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sansiri PCL and its competitors. This is near median its historical median of 4.00. Over the past decade, Sansiri PCL's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Sansiri PCL ranks #1086 out of 1748 companies in the Real Estate industry, placing it in the top 62.1%.
Is Sansiri PCL's Piotroski F-Score too high?
Sansiri PCL's current Piotroski F-Score of 4 is near 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 Real Estate industry median Piotroski F-Score is 5.00. Sansiri PCL's value of 4 is 20% below this industry median. Based on the distribution chart, Sansiri PCL ranks #1086 out of 1748 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sansiri PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sansiri PCL's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Sansiri PCL ranks #1086 out of 1748 companies for Piotroski F-Score. This places Sansiri PCL in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sansiri PCL's value of 4 is 20% below this benchmark. Historically, Sansiri 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, Sansiri 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,748 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. Sansiri PCL's current Piotroski F-Score of 4 is 20% 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 Sansiri PCL and its competitors. For the Real Estate 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. Sansiri PCL's current Piotroski F-Score is 4, which is near 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 Sansiri PCL stock overvalued right now?
Based on GuruFocus' analysis, Sansiri PCL (BKK:SIRI) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.47 — trading 6.5% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Real Estate industry median of 5.00. Sansiri PCL's overall GF Score™ is 79/100 with 8 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 Sansiri PCL (BKK:SIRI), the current Piotroski F-Score is 4 as of Sep. 20, 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 Sansiri PCL (BKK:SIRI) Overvalued in 2026?
Based on GuruFocus' analysis, Sansiri PCL stock appears to be overvalued.
The current stock price of ฿1.47 is trading 6.5% above its estimated GF Value™ of ฿1.38.
GuruFocus considers Sansiri PCL to be Fairly Valued.
Key valuation signals for BKK:SIRI:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: ฿1.38 vs. price of ฿1.47 (6.5% above fair value)
Industry Position: 20% below the Real Estate median (#1086 of 1748)
No single metric tells the full story. See the BKK:SIRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sansiri PCL is s principally engaged in property development. The company generates nearly all of its revenue from project sales via its property development business segment, which consists of land and housing projects, residential projects, serviced apartments, and office buildings for rent. The remaining revenue comes from the provision of building management services, project management and real estate brokerage, and hotel management. Geographically, the company generates the majority of revenue from Thailand and the rest from the United States of America and the United Kingdom.
79GF Score
Get the complete analysis for BKK:SIRI
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