SISB PCL (BKK:SISB) Piotroski F-Score: 5 (As of Jul. 04, 2026) — 29% Below Median


BKK:SISB SISB PCL BKK:SISB
89 GF Score
Price ฿10.30
GF Value ฿35.01
Valuation Significantly Undervalued
! 2 Warning Signs
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What is SISB PCL Piotroski F-Score?

SISB PCL BKK:SISB +5.64% 89 Piotroski F-Score is 5 as of Jul. 04, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates BKK:SISB with a GF Score™ of 89/100 and a GF Value™ of ฿35.01 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 254 Education companies, SISB PCL ranks better than 53.54% 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

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

BKK:SISB' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 5

During the past 12 years, the highest Piotroski F-Score of SISB PCL was 9. The lowest was 4. And the median was 7.

SISB PCL  (BKK:SISB) 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.


SISB PCL Piotroski F-Score Related Terms


SISB PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SISB 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.

SISB PCL Piotroski F-Score Chart

SISB 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 7.00 9.00 7.00 5.00

SISB 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 8.00 7.00 5.00 5.00 5.00

BKK:SISB vs EDU, TAL, LAUR: Piotroski F-Score Comparison

For the Education & Training Services subindustry, SISB 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.


SISB PCL Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, SISB PCL's Piotroski F-Score distribution charts can be found below:

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


BKK:SISB
89GF Score
SISB PCL BKK:SISB
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 223.764 + 277.668 + 222.782 + 215.694 = ฿940 Mil.
Cash Flow from Operations was 730.691 + 46.973 + 145.534 + 223.067 = ฿1,146 Mil.
Revenue was 610.985 + 627.299 + 651.055 + 626.175 = ฿2,516 Mil.
Gross Profit was 333.647 + 328.928 + 330.492 + 321.396 = ฿1,314 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5736.308 + 6197.544 + 5963.628 + 6165.26 + 6314.538) / 5 = ฿6075.4556 Mil.
Total Assets at the begining of this year (Mar25) was ฿5,736 Mil.
Long-Term Debt & Capital Lease Obligation was ฿552 Mil.
Total Current Assets was ฿1,950 Mil.
Total Current Liabilities was ฿1,224 Mil.
Net Income was 209.731 + 218.226 + 245.307 + 237.763 = ฿911 Mil.

Revenue was 558.958 + 595.628 + 637.467 + 624.27 = ฿2,416 Mil.
Gross Profit was 312.034 + 309.277 + 343.864 + 341.9 = ฿1,307 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4909.016 + 5455.941 + 5222.205 + 5487.901 + 5736.308) / 5 = ฿5362.2742 Mil.
Total Assets at the begining of last year (Mar24) was ฿4,909 Mil.
Long-Term Debt & Capital Lease Obligation was ฿564 Mil.
Total Current Assets was ฿2,016 Mil.
Total Current Liabilities was ฿1,184 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.

SISB PCL's current Net Income (TTM) was 940. ==> 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.

SISB PCL's current Cash Flow from Operations (TTM) was 1,146. ==> 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)
=939.908/5736.308
=0.16385243

ROA (Last Year)=Net Income/Total Assets (Mar24)
=911.027/4909.016
=0.18558241

SISB PCL's return on assets of this year was 0.16385243. SISB PCL's return on assets of last year was 0.18558241. ==> Last year is higher ==> Score 0.

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.

SISB PCL's current Net Income (TTM) was 940. SISB PCL's current Cash Flow from Operations (TTM) was 1,146. ==> 1,146 > 940 ==> 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
=552.018/6075.4556
=0.09086035

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=564.488/5362.2742
=0.10527026

SISB PCL's gearing of this year was 0.09086035. SISB PCL's gearing of last year was 0.10527026. ==> 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
=1949.614/1224.051
=1.59275553

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2016.428/1184.482
=1.70237116

SISB PCL's current ratio of this year was 1.59275553. SISB PCL's current ratio of last year was 1.70237116. ==> 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.

SISB PCL's number of shares in issue this year was 937.8. SISB PCL's number of shares in issue last year was 951.052. ==> 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
=1314.463/2515.514
=0.52254251

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1307.075/2416.323
=0.54093555

SISB PCL's gross margin of this year was 0.52254251. SISB PCL's gross margin of last year was 0.54093555. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=2515.514/5736.308
=0.43852492

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2416.323/4909.016
=0.49222146

SISB PCL's asset turnover of this year was 0.43852492. SISB PCL's asset turnover of last year was 0.49222146. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

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

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

SISB PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
SISB PCL (BKK:SISB) has a Piotroski F-Score of 5 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SISB PCL and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, SISB PCL's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, SISB PCL ranks #118 out of 254 companies in the Education industry, placing it in the top 46.5%.
Is SISB PCL's Piotroski F-Score too high?
SISB PCL's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Education industry median Piotroski F-Score is 5.00. SISB PCL's value of 5 is 0% at this industry median. Based on the distribution chart, SISB PCL ranks #118 out of 254 companies in the Education industry, which is above the industry midpoint. Overall, SISB PCL has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SISB PCL's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, SISB PCL ranks #118 out of 254 companies for Piotroski F-Score. This puts SISB PCL in the upper half of its industry. The industry median Piotroski F-Score is 5.00. SISB PCL's value of 5 is 0% at this benchmark. Historically, SISB 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 7.00 vs. the industry median of 5.00, SISB 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 254 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. SISB PCL's current Piotroski F-Score of 5 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 SISB PCL and its competitors. For the Education 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. SISB PCL's current Piotroski F-Score is 5, which is 29% below 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 SISB PCL stock overvalued right now?
Based on GuruFocus' analysis, SISB PCL (BKK:SISB) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿35.01, compared to a current price of ฿10.30 — trading 70.6% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Education industry median of 5.00. SISB PCL's overall GF Score™ is 89/100 with 2 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 SISB PCL (BKK:SISB), the current Piotroski F-Score is 5 as of Jul. 04, 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 SISB PCL (BKK:SISB) Overvalued in 2026?

Based on GuruFocus' analysis, SISB PCL stock appears to be undervalued. The current stock price of ฿10.30 is trading 70.6% below its estimated GF Value™ of ฿35.01. GuruFocus considers SISB PCL to be Significantly Undervalued.

Key valuation signals for BKK:SISB:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: ฿35.01 vs. price of ฿10.30 (70.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 0% at the Education median (#118 of 254)

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


SISB PCL Business Description

Address Pracha Uthit Road, 498/12, Soi Ramkhamhaeng 39 (Tepleela 1), Wangthonglang, Bangkok, THA, 10310
SISB PCL is principally engaged in the operation of international schools. Its operations are carried on only in Thailand. It is a provider of the Singapore curriculum for Mathematics and Science, with a focus on English, based on the Programme for International Student Assessment (PISA). It has five campuses in Thailand, which adopt the Singapore curriculum and Cambridge IGCSE A and AS Levels, as well as the International Baccalaureate. It teaches students to be trilingual: English, Thai, and Chinese, in addition to a holistic education to develop students to their fullest potential.
89GF Score

Get the complete analysis for BKK:SISB

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

฿10.30
Price
฿35.01
GF Value