Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Warrix Sport PCLBKK:WARRIX -0.73%45 Piotroski F-Score is 5 as of Jul. 22, 2026, which is at its 10-year median of 5.00. GuruFocus rates BKK:WARRIX with a GF Score™ of 45/100 and a GF Value™ of ฿4.50 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 832 Travel & Leisure companies, Warrix Sport PCL ranks better than 52.04% 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
Warrix Sport 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 Warrix Sport PCL's Piotroski F-Score or its related term are showing as below:
BKK:WARRIX'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 5
During the past 5 years, the highest Piotroski F-Score of Warrix Sport PCL was 7. The lowest was 3. And the median was 5.
Warrix Sport PCL (BKK:WARRIX) 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.
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.
Warrix Sport PCL Piotroski F-Score Related Terms
Warrix Sport PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Warrix Sport 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:WARRIX vs AS, HAS, LTH: Piotroski F-Score Comparison
For the Leisure subindustry, Warrix Sport 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.
Warrix Sport PCL Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Warrix Sport PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Warrix Sport 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.
Warrix Sport PCL's current Net Income (TTM) was -12.
==> 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.
Warrix Sport PCL's return on assets of this year was -0.00634271. Warrix Sport PCL's return on assets of last year was 0.07349683.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Warrix Sport PCL's gearing of this year was 0.05742368. Warrix Sport PCL's gearing of last year was 0.06200979.
==> 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
Warrix Sport PCL's current ratio of this year was 3.66501315. Warrix Sport PCL's current ratio of last year was 5.08519677.
==> 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.
Warrix Sport PCL's number of shares in issue this year was 589.08. Warrix Sport PCL's number of shares in issue last year was 589.08.
==> 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.
Warrix Sport PCL's gross margin of this year was 0.47759296. Warrix Sport PCL's gross margin of last year was 0.48541443.
==> 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
Warrix Sport PCL's asset turnover of this year was 0.90478954. Warrix Sport PCL's asset turnover of last year was 0.87844008.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
0
+
1
+
0
+
1
+
1
+
0
+
1
+
0
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Warrix Sport PCL has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Warrix Sport PCL (BKK:WARRIX) has a Piotroski F-Score of 5 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Warrix Sport PCL and its competitors. This is near median its historical median of 5.00. Over the past decade, Warrix Sport PCL's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Warrix Sport PCL ranks #399 out of 832 companies in the Travel & Leisure industry, placing it in the top 48%.
Is Warrix Sport PCL's Piotroski F-Score too high?
Warrix Sport PCL's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Warrix Sport PCL's value of 5 is 0% at this industry median. Based on the distribution chart, Warrix Sport PCL ranks #399 out of 832 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Warrix Sport PCL has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warrix Sport PCL's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Warrix Sport PCL ranks #399 out of 832 companies for Piotroski F-Score. This puts Warrix Sport PCL in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Warrix Sport PCL's value of 5 is 0% at this benchmark. Historically, Warrix Sport PCL's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Warrix Sport 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 832 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. Warrix Sport 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 Warrix Sport PCL and its competitors. For the Travel & Leisure 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. Warrix Sport PCL's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warrix Sport PCL stock overvalued right now?
Based on GuruFocus' analysis, Warrix Sport PCL (BKK:WARRIX) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿4.50, compared to a current price of ฿1.36 — trading 69.8% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Travel & Leisure industry median of 5.00. Warrix Sport PCL's overall GF Score™ is 45/100 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 Warrix Sport PCL (BKK:WARRIX), the current Piotroski F-Score is 5 as of Jul. 22, 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 Warrix Sport PCL (BKK:WARRIX) Overvalued in 2026?
Based on GuruFocus' analysis, Warrix Sport PCL stock appears to be undervalued.
The current stock price of ฿1.36 is trading 69.8% below its estimated GF Value™ of ฿4.50.
GuruFocus considers Warrix Sport PCL to be Significantly Undervalued.
Key valuation signals for BKK:WARRIX:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ฿4.50 vs. price of ฿1.36 (69.8% below fair value)
Industry Position: 0% at the Travel & Leisure median (#399 of 832)
No single metric tells the full story. See the BKK:WARRIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warrix Sport PCL operates its main business as the seller of uniforms, clothing, and sports equipment locally and overseas and operates a physical therapy clinic. The group operates in three segments, Credit selling, online selling and other segments. It derives maximum revenue from Credit Selling segment. The company mainly operates in the geographical area of operations in Thailand and generates majority revenue from domestic sales and services.
45GF Score
Get the complete analysis for BKK:WARRIX
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:WARRIX has been successfully added to your 
