John Cockerill India (BOM:500147) Piotroski F-Score: 8 (As of Jul. 02, 2026) — 60% Above Median


BOM:500147 John Cockerill India Ltd BOM:500147
47 GF Score
Price ₹9,317.25
GF Value ₹4,532.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is John Cockerill India Piotroski F-Score?

John Cockerill India BOM:500147 +1.25% 47 Piotroski F-Score is 8 as of Jul. 02, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates BOM:500147 with a GF Score™ of 47/100 and a GF Value™ of ₹4,532.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,976 Industrial Products companies, John Cockerill India ranks better than 97.95% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

John Cockerill India has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for John Cockerill India's Piotroski F-Score or its related term are showing as below:

BOM:500147' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of John Cockerill India was 8. The lowest was 1. And the median was 5.

John Cockerill India  (BOM:500147) 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.


John Cockerill India Piotroski F-Score Related Terms


John Cockerill India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for John Cockerill India'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.

John Cockerill India Piotroski F-Score Chart

John Cockerill India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 8.00 6.00 3.00 8.00

John Cockerill India 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 0.00 0.00 0.00 8.00 0.00

BOM:500147 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, John Cockerill India'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.


John Cockerill India Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Cockerill India's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where John Cockerill India's Piotroski F-Score falls into.


BOM:500147
47GF Score
John Cockerill India Ltd BOM:500147
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was ₹103 Mil.
Cash Flow from Operations was ₹1,585 Mil.
Revenue was ₹3,553 Mil.
Gross Profit was ₹1,666 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5780.673 + 6853.331) / 2 = ₹6317.002 Mil.
Total Assets at the begining of this year (Dec24) was ₹5,781 Mil.
Long-Term Debt & Capital Lease Obligation was ₹37 Mil.
Total Current Assets was ₹6,002 Mil.
Total Current Liabilities was ₹4,527 Mil.
Net Income was ₹-54 Mil.

Revenue was ₹3,841 Mil.
Gross Profit was ₹1,239 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Dec24) was (8507.37 + 5780.673) / 2 = ₹7144.0215 Mil.
Total Assets at the begining of last year (Mar23) was ₹8,507 Mil.
Long-Term Debt & Capital Lease Obligation was ₹37 Mil.
Total Current Assets was ₹4,277 Mil.
Total Current Liabilities was ₹3,418 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.

John Cockerill India's current Net Income (TTM) was 103. ==> 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.

John Cockerill India's current Cash Flow from Operations (TTM) was 1,585. ==> 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 (Dec24)
=103.139/5780.673
=0.01784204

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-53.821/8507.37
=-0.0063264

John Cockerill India's return on assets of this year was 0.01784204. John Cockerill India's return on assets of last year was -0.0063264. ==> This year is higher. ==> Score 1.

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.

John Cockerill India's current Net Income (TTM) was 103. John Cockerill India's current Cash Flow from Operations (TTM) was 1,585. ==> 1,585 > 103 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=37.435/6317.002
=0.00592607

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Dec24
=36.639/7144.0215
=0.00512862

John Cockerill India's gearing of this year was 0.00592607. John Cockerill India's gearing of last year was 0.00512862. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=6002.274/4527.252
=1.32580956

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4276.633/3417.729
=1.2513084

John Cockerill India's current ratio of this year was 1.32580956. John Cockerill India's current ratio of last year was 1.2513084. ==> 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.

John Cockerill India's number of shares in issue this year was 4.938. John Cockerill India's number of shares in issue last year was 4.938. ==> 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
=1665.982/3552.868
=0.46891188

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1238.707/3841.365
=0.32246532

John Cockerill India's gross margin of this year was 0.46891188. John Cockerill India's gross margin of last year was 0.32246532. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=3552.868/5780.673
=0.61461148

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=3841.365/8507.37
=0.45153379

John Cockerill India's asset turnover of this year was 0.61461148. John Cockerill India's asset turnover of last year was 0.45153379. ==> 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
=1+1+1+1+0+1+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

John Cockerill India has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
John Cockerill India (BOM:500147) has a Piotroski F-Score of 8 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on John Cockerill India and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, John Cockerill India's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, John Cockerill India ranks #61 out of 2976 companies in the Industrial Products industry, placing it in the top 2%.
Is John Cockerill India's Piotroski F-Score too high?
John Cockerill India's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. John Cockerill India's value of 8 is 60% above this industry median. Based on the distribution chart, John Cockerill India ranks #61 out of 2976 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, John Cockerill India has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does John Cockerill India's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, John Cockerill India ranks #61 out of 2976 companies for Piotroski F-Score. This places John Cockerill India in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. John Cockerill India's value of 8 is 60% above this benchmark. Historically, John Cockerill India's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, John Cockerill India 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,976 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. John Cockerill India's current Piotroski F-Score of 8 is 60% 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 John Cockerill India and its competitors. For the Industrial Products 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. John Cockerill India's current Piotroski F-Score is 8, which is 60% above 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 John Cockerill India stock overvalued right now?
Based on GuruFocus' analysis, John Cockerill India (BOM:500147) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4,532.02, compared to a current price of ₹9,317.25 — trading 105.6% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Industrial Products industry median of 5.00. John Cockerill India's overall GF Score™ is 47/100 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 John Cockerill India (BOM:500147), the current Piotroski F-Score is 8 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 John Cockerill India (BOM:500147) Overvalued in 2026?

Based on GuruFocus' analysis, John Cockerill India stock appears to be overvalued. The current stock price of ₹9,317.25 is trading 105.6% above its estimated GF Value™ of ₹4,532.02. GuruFocus considers John Cockerill India to be Significantly Overvalued.

Key valuation signals for BOM:500147:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: ₹4,532.02 vs. price of ₹9,317.25 (105.6% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 60% above the Industrial Products median (#61 of 2976)

No single metric tells the full story. See the BOM:500147 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


John Cockerill India Business Description

Other Exchanges COCKERILL:India
Address Thane Belapur Road, 1902, 19th Floor, Aurum Q2 IT Parc, TTC Industrial Area, Navi Mumbai, MH, IND, 400 710
John Cockerill India Ltd is engaged in the metal fabrication business. The principal activities of the company comprise customized manufacturing and installation of cold rolling mills, galvanizing lines, color coating lines, tension levelling lines, skin pass mills, acid regeneration plants, wet flux line and pickling lines (the projects) for ferrous and non-ferrous industries world-wide. The company holds its presence in both the Indian and International markets of which the Indian market accounts for the majority of revenue.
47GF Score

Get the complete analysis for BOM:500147

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

₹9,317.25
Price
₹4,532.02
GF Value