Permanent MagnetsBOM:504132 +3.31%67 Piotroski F-Score is 7 as of Jul. 04, 2026, which is at its 10-year median of 7.00. GuruFocus rates BOM:504132 with a GF Score™ of 67/100 and a GF Value™ of ₹1,086.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,976 Industrial Products companies, Permanent Magnets ranks better than 90.69% 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
Permanent Magnets 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 Permanent Magnets's Piotroski F-Score or its related term are showing as below:
BOM:504132'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Permanent Magnets was 8. The lowest was 5. And the median was 7.
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.
Permanent Magnets Piotroski F-Score Related Terms
Permanent Magnets Piotroski F-Score Historical Data
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The historical data trend for Permanent Magnets'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.
BOM:504132 vs VRT, BE: Piotroski F-Score Comparison
For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.
Permanent Magnets Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Permanent Magnets's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Permanent Magnets'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.
Permanent Magnets's current Net Income (TTM) was 148.
==> 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.
Permanent Magnets's return on assets of this year was 0.07607128. Permanent Magnets's return on assets of last year was 0.08235725.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Permanent Magnets's gearing of this year was 0.33369024. Permanent Magnets's gearing of last year was 0.08598858.
==> 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
Permanent Magnets's current ratio of this year was 4.05704225. Permanent Magnets's current ratio of last year was 3.81204156.
==> 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.
Permanent Magnets's number of shares in issue this year was 8.43. Permanent Magnets's number of shares in issue last year was 8.607.
==> 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.
Permanent Magnets's gross margin of this year was 0.47524752. Permanent Magnets's gross margin of last year was 0.4574494.
==> 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
Permanent Magnets's asset turnover of this year was 1.16522456. Permanent Magnets's asset turnover of last year was 1.07221293.
==> 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
Permanent Magnets has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Permanent Magnets (BOM:504132) has a Piotroski F-Score of 7 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Permanent Magnets and its competitors. This is near median its historical median of 7.00. Over the past decade, Permanent Magnets' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Permanent Magnets ranks #277 out of 2976 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Permanent Magnets' Piotroski F-Score too high?
Permanent Magnets' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Permanent Magnets' value of 7 is 40% above this industry median. Based on the distribution chart, Permanent Magnets ranks #277 out of 2976 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Permanent Magnets has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Permanent Magnets ranks #277 out of 2976 companies for Piotroski F-Score. This places Permanent Magnets in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Permanent Magnets' value of 7 is 40% above this benchmark. Historically, Permanent Magnets' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Permanent Magnets 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. Permanent Magnets'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 Permanent Magnets 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. Permanent Magnets's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Based on GuruFocus' analysis, Permanent Magnets (BOM:504132) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,086.56, compared to a current price of ₹961.90 — trading 11.5% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Industrial Products industry median of 5.00. Permanent Magnets' overall GF Score™ is 67/100 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 Permanent Magnets (BOM:504132), the current Piotroski F-Score is 7 as of Jul. 04, 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 Permanent Magnets (BOM:504132) Overvalued in 2026?
Based on GuruFocus' analysis, Permanent Magnets stock appears to be undervalued.
The current stock price of ₹961.90 is trading 11.5% below its estimated GF Value™ of ₹1,086.56.
GuruFocus considers Permanent Magnets to be Modestly Undervalued.
Key valuation signals for BOM:504132:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: ₹1,086.56 vs. price of ₹961.90 (11.5% below fair value)
Industry Position: 40% above the Industrial Products median (#277 of 2976)
No single metric tells the full story. See the BOM:504132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
67GF Score
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