S Khonkaen Foods PCL (BKK:SORKON) Piotroski F-Score: 5 (As of Jun. 30, 2026) — 17% Below Median


BKK:SORKON S Khonkaen Foods PCL BKK:SORKON
64 GF Score
Price ฿3.60
GF Value ฿4.77
Valuation Modestly Undervalued
! 7 Warning Signs
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What is S Khonkaen Foods PCL Piotroski F-Score?

S Khonkaen Foods PCL BKK:SORKON +1.12% 64 Piotroski F-Score is 5 as of Jun. 30, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates BKK:SORKON with a GF Score™ of 64/100 and a GF Value™ of ฿4.77 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, S Khonkaen Foods PCL ranks better than 51.91% 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

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

BKK:SORKON' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of S Khonkaen Foods PCL was 9. The lowest was 3. And the median was 6.

S Khonkaen Foods PCL  (BKK:SORKON) 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.


S Khonkaen Foods PCL Piotroski F-Score Related Terms


S Khonkaen Foods PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for S Khonkaen Foods 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.

S Khonkaen Foods PCL Piotroski F-Score Chart

S Khonkaen Foods 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 6.00 5.00 5.00 8.00 6.00

S Khonkaen Foods 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 9.00 6.00 5.00 6.00 5.00

BKK:SORKON vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, S Khonkaen Foods 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.


S Khonkaen Foods PCL Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, S Khonkaen Foods PCL's Piotroski F-Score distribution charts can be found below:

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


BKK:SORKON
64GF Score
S Khonkaen Foods PCL BKK:SORKON
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 36.903 + -14.763 + 55.568 + -1.526 = ฿76 Mil.
Cash Flow from Operations was 96.254 + 96.106 + -16.052 + 26.486 = ฿203 Mil.
Revenue was 928.964 + 827.014 + 872.905 + 814.391 = ฿3,443 Mil.
Gross Profit was 239.163 + 164.635 + 264.447 + 203.021 = ฿871 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3253.779 + 3299.165 + 3223.23 + 3383.105 + 3330.553) / 5 = ฿3297.9664 Mil.
Total Assets at the begining of this year (Mar25) was ฿3,254 Mil.
Long-Term Debt & Capital Lease Obligation was ฿373 Mil.
Total Current Assets was ฿1,267 Mil.
Total Current Liabilities was ฿1,445 Mil.
Net Income was 52.495 + 34.155 + 31.333 + 57.532 = ฿176 Mil.

Revenue was 865.498 + 846.031 + 906.911 + 885.898 = ฿3,504 Mil.
Gross Profit was 241.653 + 212.582 + 231.958 + 250.365 = ฿937 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3030.584 + 3193.334 + 3098.259 + 3261.61 + 3253.779) / 5 = ฿3167.5132 Mil.
Total Assets at the begining of last year (Mar24) was ฿3,031 Mil.
Long-Term Debt & Capital Lease Obligation was ฿396 Mil.
Total Current Assets was ฿1,184 Mil.
Total Current Liabilities was ฿1,284 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.

S Khonkaen Foods PCL's current Net Income (TTM) was 76. ==> 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.

S Khonkaen Foods PCL's current Cash Flow from Operations (TTM) was 203. ==> 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)
=76.182/3253.779
=0.02341339

ROA (Last Year)=Net Income/Total Assets (Mar24)
=175.515/3030.584
=0.05791458

S Khonkaen Foods PCL's return on assets of this year was 0.02341339. S Khonkaen Foods PCL's return on assets of last year was 0.05791458. ==> 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.

S Khonkaen Foods PCL's current Net Income (TTM) was 76. S Khonkaen Foods PCL's current Cash Flow from Operations (TTM) was 203. ==> 203 > 76 ==> 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
=373.39/3297.9664
=0.11321825

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=396.109/3167.5132
=0.12505362

S Khonkaen Foods PCL's gearing of this year was 0.11321825. S Khonkaen Foods PCL's gearing of last year was 0.12505362. ==> 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
=1266.629/1444.726
=0.87672611

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1183.636/1284.046
=0.92180187

S Khonkaen Foods PCL's current ratio of this year was 0.87672611. S Khonkaen Foods PCL's current ratio of last year was 0.92180187. ==> 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.

S Khonkaen Foods PCL's number of shares in issue this year was 312.766. S Khonkaen Foods PCL's number of shares in issue last year was 323.285. ==> 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
=871.266/3443.274
=0.25303418

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=936.558/3504.338
=0.26725675

S Khonkaen Foods PCL's gross margin of this year was 0.25303418. S Khonkaen Foods PCL's gross margin of last year was 0.26725675. ==> 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)
=3443.274/3253.779
=1.05823844

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3504.338/3030.584
=1.15632433

S Khonkaen Foods PCL's asset turnover of this year was 1.05823844. S Khonkaen Foods PCL's asset turnover of last year was 1.15632433. ==> 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

S Khonkaen Foods 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?
S Khonkaen Foods PCL (BKK:SORKON) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on S Khonkaen Foods PCL and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, S Khonkaen Foods PCL's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, S Khonkaen Foods PCL ranks #918 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is S Khonkaen Foods PCL's Piotroski F-Score too high?
S Khonkaen Foods PCL's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. S Khonkaen Foods PCL's value of 5 is 0% at this industry median. Based on the distribution chart, S Khonkaen Foods PCL ranks #918 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, S Khonkaen Foods PCL has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S Khonkaen Foods PCL's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, S Khonkaen Foods PCL ranks #918 out of 1909 companies for Piotroski F-Score. This puts S Khonkaen Foods PCL in the upper half of its industry. The industry median Piotroski F-Score is 5.00. S Khonkaen Foods PCL's value of 5 is 0% at this benchmark. Historically, S Khonkaen Foods PCL's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, S Khonkaen Foods 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. S Khonkaen Foods 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 S Khonkaen Foods PCL and its competitors. For the Consumer Packaged Goods 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. S Khonkaen Foods PCL's current Piotroski F-Score is 5, which is 17% below 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 S Khonkaen Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, S Khonkaen Foods PCL (BKK:SORKON) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.77, compared to a current price of ฿3.60 — trading 24.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. S Khonkaen Foods PCL's overall GF Score™ is 64/100 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 S Khonkaen Foods PCL (BKK:SORKON), the current Piotroski F-Score is 5 as of Jun. 30, 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 S Khonkaen Foods PCL (BKK:SORKON) Overvalued in 2026?

Based on GuruFocus' analysis, S Khonkaen Foods PCL stock appears to be undervalued. The current stock price of ฿3.60 is trading 24.5% below its estimated GF Value™ of ฿4.77. GuruFocus considers S Khonkaen Foods PCL to be Modestly Undervalued.

Key valuation signals for BKK:SORKON:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ฿4.77 vs. price of ฿3.60 (24.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#918 of 1909)

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


S Khonkaen Foods PCL Business Description

Address Sukhumvit 71 Road (Pridi Banomyong), 259/13 Soi Pridi Banomyong 13, Phrakanong Nuer, Vadhana, Bangkok, THA, 10110
S Khonkaen Foods PCL is principally engaged in the manufacture and distribution of processed food products from meat and seafood, restaurants, and swine farm. The company's four reportable segments are Processed food from meat, Processed seafood, Restaurants and Swine farm, of which key revenue is derived from the Processed food from pork and Processed seafood segment. The group has a business presence in Thailand and Other countries. The majority of revenue is derived from Thailand.
64GF Score

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

฿3.60
Price
฿4.77
GF Value