Automobile of GOA (BOM:505036) Piotroski F-Score: 8 (As of Jul. 30, 2026) — 33% Above Median

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BOM:505036 Automobile Corp of GOA Ltd BOM:505036
77 GF Score
Price ₹2,147.90
GF Value ₹2,872.43
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Automobile of GOA Piotroski F-Score?

Automobile of GOA BOM:505036 +2.90% 77 Piotroski F-Score is 8 as of Jul. 30, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates BOM:505036 with a GF Score™ of 77/100 and a GF Value™ of ₹2,872.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Automobile of GOA ranks better than 97.66% 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

Automobile of GOA 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 Automobile of GOA's Piotroski F-Score or its related term are showing as below:

BOM:505036' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Automobile of GOA was 8. The lowest was 1. And the median was 6.

Automobile of GOA  (BOM:505036) 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.


Automobile of GOA Piotroski F-Score Related Terms


Automobile of GOA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Automobile of GOA'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.

Automobile of GOA Piotroski F-Score Chart

Automobile of GOA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 8.00 7.00 8.00

Automobile of GOA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 7.00 0.00 0.00 8.00

BOM:505036 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Automobile of GOA'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.


Automobile of GOA Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automobile of GOA's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Automobile of GOA's Piotroski F-Score falls into.


BOM:505036
77GF Score
Automobile Corp of GOA Ltd BOM:505036
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹699 Mil.
Cash Flow from Operations was ₹1,362 Mil.
Revenue was ₹9,173 Mil.
Gross Profit was ₹2,211 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (4652.639 + 4588.076) / 2 = ₹4620.3575 Mil.
Total Assets at the begining of this year (Mar25) was ₹4,653 Mil.
Long-Term Debt & Capital Lease Obligation was ₹7 Mil.
Total Current Assets was ₹3,597 Mil.
Total Current Liabilities was ₹1,351 Mil.
Net Income was ₹466 Mil.

Revenue was ₹6,511 Mil.
Gross Profit was ₹1,595 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3729.141 + 4652.639) / 2 = ₹4190.89 Mil.
Total Assets at the begining of last year (Mar24) was ₹3,729 Mil.
Long-Term Debt & Capital Lease Obligation was ₹7 Mil.
Total Current Assets was ₹3,969 Mil.
Total Current Liabilities was ₹1,974 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.

Automobile of GOA's current Net Income (TTM) was 699. ==> 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.

Automobile of GOA's current Cash Flow from Operations (TTM) was 1,362. ==> 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 (Mar25)
=698.906/4652.639
=0.15021711

ROA (Last Year)=Net Income/Total Assets (Mar24)
=466.042/3729.141
=0.12497302

Automobile of GOA's return on assets of this year was 0.15021711. Automobile of GOA's return on assets of last year was 0.12497302. ==> 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.

Automobile of GOA's current Net Income (TTM) was 699. Automobile of GOA's current Cash Flow from Operations (TTM) was 1,362. ==> 1,362 > 699 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=6.96/4620.3575
=0.00150638

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6.724/4190.89
=0.00160443

Automobile of GOA's gearing of this year was 0.00150638. Automobile of GOA's gearing of last year was 0.00160443. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=3596.511/1350.535
=2.66302687

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3968.738/1974.432
=2.01006568

Automobile of GOA's current ratio of this year was 2.66302687. Automobile of GOA's current ratio of last year was 2.01006568. ==> 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.

Automobile of GOA's number of shares in issue this year was 6.089. Automobile of GOA's number of shares in issue last year was 6.089. ==> 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
=2211.408/9172.746
=0.24108462

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1594.534/6511.138
=0.24489329

Automobile of GOA's gross margin of this year was 0.24108462. Automobile of GOA's gross margin of last year was 0.24489329. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=9172.746/4652.639
=1.97151466

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6511.138/3729.141
=1.7460155

Automobile of GOA's asset turnover of this year was 1.97151466. Automobile of GOA's asset turnover of last year was 1.7460155. ==> 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+1+1+1+0+1
=8

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

Automobile of GOA 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?
Automobile of GOA (BOM:505036) has a Piotroski F-Score of 8 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Automobile of GOA and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Automobile of GOA's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Automobile of GOA ranks #30 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is Automobile of GOA's Piotroski F-Score too high?
Automobile of GOA's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Automobile of GOA's value of 8 is 60% above this industry median. Based on the distribution chart, Automobile of GOA ranks #30 out of 1283 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Automobile of GOA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Automobile of GOA's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Automobile of GOA ranks #30 out of 1283 companies for Piotroski F-Score. This places Automobile of GOA in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Automobile of GOA's value of 8 is 60% above this benchmark. Historically, Automobile of GOA'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 6.00 vs. the industry median of 5.00, Automobile of GOA 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 a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,283 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. Automobile of GOA'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 Automobile of GOA and its competitors. For the Vehicles & Parts 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. Automobile of GOA's current Piotroski F-Score is 8, which is 33% 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 Automobile of GOA stock overvalued right now?
Based on GuruFocus' analysis, Automobile of GOA (BOM:505036) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,872.43, compared to a current price of ₹2,147.90 — trading 25.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Vehicles & Parts industry median of 5.00. Automobile of GOA's overall GF Score™ is 77/100 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 Automobile of GOA (BOM:505036), the current Piotroski F-Score is 8 as of Jul. 30, 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 Automobile of GOA (BOM:505036) Overvalued in 2026?

Based on GuruFocus' analysis, Automobile of GOA stock appears to be undervalued. The current stock price of ₹2,147.90 is trading 25.2% below its estimated GF Value™ of ₹2,872.43. GuruFocus considers Automobile of GOA to be Modestly Undervalued.

Key valuation signals for BOM:505036:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₹2,872.43 vs. price of ₹2,147.90 (25.2% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 60% above the Vehicles & Parts median (#30 of 1283)

No single metric tells the full story. See the BOM:505036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Automobile of GOA Business Description

Address Honda, Sattari, Panaji, GA, IND, 403530
Automobile Corp of GOA Ltd is engaged in the manufacture of pressed parts, components, and sub-assemblies for various ranges of automobiles, and the manufacture of bus bodies and parts thereof. It operates in two reportable segments: The Pressing Division and the Bus Body Building Division. The Pressing Division segment is engaged in the manufacture of pressed parts, components, sub-assemblies, and assemblies for a wide range of automobiles. The Bus Body division segment, which generates maximum revenue, is engaged in the manufacturing of bus bodies and parts for bus bodies.
77GF Score

Get the complete analysis for BOM:505036

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

₹2,147.90
Price
₹2,872.43
GF Value