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WP Energy PCLBKK:WP -1.06%65 Piotroski F-Score is 6 as of Aug. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates BKK:WP with a GF Score™ of 65/100 and a GF Value™ of ฿3.68 (Fairly Valued). The stock has 4 warning signs investors should review. Among 495 Utilities - Regulated companies, WP Energy PCL ranks better than 70.1% 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
WP Energy PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for WP Energy PCL's Piotroski F-Score or its related term are showing as below:
BKK:WP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 12 years, the highest Piotroski F-Score of WP Energy PCL was 8. The lowest was 3. And the median was 6.
WP Energy PCL (BKK:WP) 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.
WP Energy PCL Piotroski F-Score Related Terms
WP Energy PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for WP Energy 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:WP vs ATO, NI, UGI: Piotroski F-Score Comparison
For the Utilities - Regulated Gas subindustry, WP Energy 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.
WP Energy PCL Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, WP Energy PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where WP Energy 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.
WP Energy PCL's current Net Income (TTM) was 168.
==> 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.
WP Energy PCL's return on assets of this year was 0.02513331. WP Energy PCL's return on assets of last year was 0.02116628.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
WP Energy PCL's gearing of this year was 0.05299125. WP Energy PCL's gearing of last year was 0.03521556.
==> Last year is lower than this year ==> Score 0.
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
WP Energy PCL's current ratio of this year was 1.86232753. WP Energy PCL's current ratio of last year was 1.9064019.
==> 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.
WP Energy PCL's number of shares in issue this year was 504.054. WP Energy PCL's number of shares in issue last year was 528.66.
==> 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.
WP Energy PCL's gross margin of this year was 0.04180293. WP Energy PCL's gross margin of last year was 0.03836761.
==> 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
WP Energy PCL's asset turnover of this year was 2.51151684. WP Energy PCL's asset turnover of last year was 2.6512523.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
WP Energy PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
WP Energy PCL (BKK:WP) has a Piotroski F-Score of 6 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on WP Energy PCL and its competitors. This is near median its historical median of 6.00. Over the past decade, WP Energy PCL's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, WP Energy PCL ranks #148 out of 495 companies in the Utilities - Regulated industry, placing it in the top 29.9%.
Is WP Energy PCL's Piotroski F-Score too high?
WP Energy PCL's current Piotroski F-Score of 6 is near 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 Utilities - Regulated industry median Piotroski F-Score is 6.00. WP Energy PCL's value of 6 is 0% at this industry median. Based on the distribution chart, WP Energy PCL ranks #148 out of 495 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, WP Energy PCL has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WP Energy PCL's Piotroski F-Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, WP Energy PCL ranks #148 out of 495 companies for Piotroski F-Score. This puts WP Energy PCL in the upper half of its industry. The industry median Piotroski F-Score is 6.00. WP Energy PCL's value of 6 is 0% at this benchmark. Historically, WP Energy 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 6.00, WP Energy 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 Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 495 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. WP Energy PCL's current Piotroski F-Score of 6 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 WP Energy PCL and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WP Energy PCL's current Piotroski F-Score is 6, which is near 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 WP Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, WP Energy PCL (BKK:WP) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.68, compared to a current price of ฿3.74 — trading 1.6% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Utilities - Regulated industry median of 6.00. WP Energy PCL's overall GF Score™ is 65/100 with 4 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 WP Energy PCL (BKK:WP), the current Piotroski F-Score is 6 as of Aug. 25, 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 WP Energy PCL (BKK:WP) Overvalued in 2026?
Based on GuruFocus' analysis, WP Energy PCL stock appears to be overvalued.
The current stock price of ฿3.74 is trading 1.6% above its estimated GF Value™ of ฿3.68.
GuruFocus considers WP Energy PCL to be Fairly Valued.
Key valuation signals for BKK:WP:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ฿3.68 vs. price of ฿3.74 (1.6% above fair value)
Industry Position: 0% at the Utilities - Regulated median (#148 of 495)
No single metric tells the full story. See the BKK:WP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WP Energy PCL is a comprehensive energy group mainly involved in the trading of liquid petroleum gas under the World Gas brand. It serves gas retailers, gas stations, bottling plants, industrial and commercial clients, and also engages in trading within the ASEAN region. The group also offers: engineering, installation, and maintenance services for gas stations and gas distribution systems; solar rooftop solutions; and transports oil, gas, and chemical substances. Its main business segments are: Trading of Liquefied Petroleum Gas (LPG), petroleum by-products and other related businesses, which generate maximum revenue; and Transportation of oil, gas and chemical substances. Geographically, the group generates maximum revenue from Thailand, followed by Singapore and Vietnam.
65GF Score
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