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Susco PCLBKK:SUSCO-R -0.60%77 Piotroski F-Score is 7 as of Aug. 27, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates BKK:SUSCO-R with a GF Score™ of 77/100 and a GF Value™ of ฿2.72 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 992 Oil & Gas companies, Susco PCL ranks better than 89.52% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Susco PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Susco PCL's Piotroski F-Score or its related term are showing as below:
BKK:SUSCO-R'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Susco PCL was 8. The lowest was 3. 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.
Susco PCL Piotroski F-Score Related Terms
Susco PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Susco 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:SUSCO-R vs MPC, VLO, PSX: Piotroski F-Score Comparison
For the Oil & Gas Refining & Marketing subindustry, Susco 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.
Susco PCL Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Susco PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Susco 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 9.584 + 6.329 + 92.831 + 120.585 = ฿229 Mil. Cash Flow from Operations was 452.541 + 421.937 + 666.299 + 116.471 = ฿1,657 Mil. Revenue was 6347.911 + 7486.802 + 6897.751 + 9041.036 = ฿29,774 Mil. Gross Profit was 380.909 + -145.744 + 474.234 + 498.858 = ฿1,208 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(10649.566 + 10393.167 + 9734.144 + 10283.967 + 10136.874) / 5 = ฿10239.5436 Mil. Total Assets at the begining of this year (Jun25) was ฿10,650 Mil. Long-Term Debt & Capital Lease Obligation was ฿2,126 Mil. Total Current Assets was ฿2,666 Mil. Total Current Liabilities was ฿3,130 Mil.
Net Income was 57.766 + 109.207 + 90.418 + 13.443 = ฿271 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.
Susco PCL's current Net Income (TTM) was 229.
==> 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.
Susco PCL's return on assets of this year was 0.02153412. Susco PCL's return on assets of last year was 0.02742647.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Susco PCL's gearing of this year was 0.20760505. Susco PCL's gearing of last year was 0.20851311.
==> 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
Susco PCL's current ratio of this year was 0.85194075. Susco PCL's current ratio of last year was 0.8469441.
==> 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.
Susco PCL's number of shares in issue this year was 950. Susco PCL's number of shares in issue last year was 952.402.
==> 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.
Susco PCL's gross margin of this year was 0.04058162. Susco PCL's gross margin of last year was 0.03934829.
==> 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
Susco PCL's asset turnover of this year was 2.79574773. Susco PCL's asset turnover of last year was 3.36685461.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Susco PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Susco PCL (BKK:SUSCO-R) has a Piotroski F-Score of 7 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Susco PCL and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Susco PCL's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Susco PCL ranks #104 out of 992 companies in the Oil & Gas industry, placing it in the top 10.5%.
Is Susco PCL's Piotroski F-Score too high?
Susco PCL's current Piotroski F-Score of 7 is 17% above 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 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Susco PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Susco PCL ranks #104 out of 992 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Susco PCL has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Susco PCL's Piotroski F-Score compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Susco PCL ranks #104 out of 992 companies for Piotroski F-Score. This places Susco PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Susco PCL's value of 7 is 40% above this benchmark. Historically, Susco PCL's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Susco PCL has consistently been above 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 992 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. Susco PCL's current Piotroski F-Score of 7 is 40% above 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 Susco PCL and its competitors. For the Oil & Gas 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. Susco PCL's current Piotroski F-Score is 7, which is 17% above 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 Susco PCL stock overvalued right now?
Based on GuruFocus' analysis, Susco PCL (BKK:SUSCO-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.72, compared to a current price of ฿2.48 — trading 8.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Oil & Gas industry median of 5.00. Susco PCL's overall GF Score™ is 77/100 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 Susco PCL (BKK:SUSCO-R), the current Piotroski F-Score is 7 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 Susco PCL (BKK:SUSCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Susco PCL stock appears to be undervalued.
The current stock price of ฿2.48 is trading 8.6% below its estimated GF Value™ of ฿2.72.
GuruFocus considers Susco PCL to be Modestly Undervalued.
Key valuation signals for BKK:SUSCO-R:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: ฿2.72 vs. price of ฿2.48 (8.6% below fair value)
Industry Position: 40% above the Oil & Gas median (#104 of 992)
No single metric tells the full story. See the BKK:SUSCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Susco PCL is mainly engaged in the business of distributing gasoline, diesel, and lubricants. The company sells fuel through gas stations under the Susco brand, supplying products to various industries, other oil traders, and airlines. Its product portfolio comprises benzene, diesel oil, gasohol, natural gas, liquefied petroleum gas (LPG), and lubricants. Along with its subsidiaries, the company is also involved in buying, selling, leasing, and renting electric cars; selling electric bicycles, car accessories, and automotive accessories; and providing automotive repair, maintenance, and modification services. The group has two business segments: the fuel business, which generates maximum revenue, and the electric vehicle business. Geographically, it derives maximum revenue from Thailand.
77GF Score
Get the complete analysis for BKK:SUSCO-R
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