Sirisoft PCLBKK:SRS +0.54%33 Piotroski F-Score is 3 as of Jul. 02, 2026, which is at its 10-year median of 3.00. GuruFocus rates BKK:SRS with a GF Score™ of 33/100 and a GF Value™ of ฿4.67 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,738 Software companies, Sirisoft PCL ranks worse than 79.07% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sirisoft PCL has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Sirisoft PCL's Piotroski F-Score or its related term are showing as below:
BKK:SRS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 6
Current: 3
During the past 6 years, the highest Piotroski F-Score of Sirisoft PCL was 6. The lowest was 2. And the median was 3.
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.
Sirisoft PCL Piotroski F-Score Related Terms
Sirisoft PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sirisoft 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.
BKK:SRS vs IBM, ACN, FISV: Piotroski F-Score Comparison
For the Information Technology Services subindustry, Sirisoft 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.
Sirisoft PCL Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Sirisoft PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sirisoft 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.
Sirisoft PCL's current Net Income (TTM) was -10.8.
==> Negative ==> Score 0.
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.
Sirisoft PCL's return on assets of this year was -0.00872246. Sirisoft PCL's return on assets of last year was 0.01259809.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sirisoft PCL's gearing of this year was 0.07878543. Sirisoft PCL's gearing of last year was 0.08907007.
==> 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
Sirisoft PCL's current ratio of this year was 2.06921317. Sirisoft PCL's current ratio of last year was 2.64191203.
==> 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.
Sirisoft PCL's number of shares in issue this year was 160. Sirisoft PCL's number of shares in issue last year was 161.464.
==> 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.
Sirisoft PCL's gross margin of this year was 0.20619142. Sirisoft PCL's gross margin of last year was 0.26836618.
==> 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
Sirisoft PCL's asset turnover of this year was 0.62715643. Sirisoft PCL's asset turnover of last year was 0.60851722.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sirisoft PCL has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Sirisoft PCL (BKK:SRS) has a Piotroski F-Score of 3 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sirisoft PCL and its competitors. This is near median its historical median of 3.00. Over the past decade, Sirisoft PCL's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Sirisoft PCL ranks #2165 out of 2738 companies in the Software industry, placing it in the top 79.1%.
Is Sirisoft PCL's Piotroski F-Score too high?
Sirisoft PCL's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. Sirisoft PCL's value of 3 is 40% below this industry median. Based on the distribution chart, Sirisoft PCL ranks #2165 out of 2738 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Sirisoft PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sirisoft PCL's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Sirisoft PCL ranks #2165 out of 2738 companies for Piotroski F-Score. This places Sirisoft PCL in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sirisoft PCL's value of 3 is 40% below this benchmark. Historically, Sirisoft PCL's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Sirisoft 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,738 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. Sirisoft PCL's current Piotroski F-Score of 3 is 40% 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 Sirisoft PCL and its competitors. For the Software 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. Sirisoft PCL's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirisoft PCL stock overvalued right now?
Based on GuruFocus' analysis, Sirisoft PCL (BKK:SRS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.67, compared to a current price of ฿1.86 — trading 60.2% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Software industry median of 5.00. Sirisoft PCL's overall GF Score™ is 33/100 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 Sirisoft PCL (BKK:SRS), the current Piotroski F-Score is 3 as of Jul. 02, 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 Sirisoft PCL (BKK:SRS) Overvalued in 2026?
Based on GuruFocus' analysis, Sirisoft PCL stock appears to be undervalued.
The current stock price of ฿1.86 is trading 60.2% below its estimated GF Value™ of ฿4.67.
GuruFocus considers Sirisoft PCL to be Possible Value Trap.
Key valuation signals for BKK:SRS:
Piotroski F-Score: 3 (near median its 10-year median of 3.00)
GF Value™: ฿4.67 vs. price of ฿1.86 (60.2% below fair value)
Industry Position: 40% below the Software median (#2165 of 2738)
No single metric tells the full story. See the BKK:SRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sirisoft PCL is a forward-thinking IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. The company's core business capabilities are to provide end-to-end technology services from infrastructure architecture design and consulting, to day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that are specific to clients's requirements.
33GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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