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.
Kovilpatti Lakshmi Roller Flour Mills Piotroski F-Score Related Terms
Kovilpatti Lakshmi Roller Flour Mills Piotroski F-Score Historical Data
* 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:507598 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Kovilpatti Lakshmi Roller Flour Mills'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.
Kovilpatti Lakshmi Roller Flour Mills Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kovilpatti Lakshmi Roller Flour Mills's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kovilpatti Lakshmi Roller Flour Mills'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.
Kovilpatti Lakshmi Roller Flour Mills's current Net Income (TTM) was 81.
==> 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.
Kovilpatti Lakshmi Roller Flour Mills's current Cash Flow from Operations (TTM) was 26.
==> 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.
Kovilpatti Lakshmi Roller Flour Mills's return on assets of this year was 0.04830662. Kovilpatti Lakshmi Roller Flour Mills's return on assets of last year was 0.00644789.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kovilpatti Lakshmi Roller Flour Mills's gearing of this year was 0.20746298. Kovilpatti Lakshmi Roller Flour Mills's gearing of last year was 0.21508985.
==> 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
Kovilpatti Lakshmi Roller Flour Mills's current ratio of this year was 1.22808558. Kovilpatti Lakshmi Roller Flour Mills's current ratio of last year was 1.38001875.
==> 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.
Kovilpatti Lakshmi Roller Flour Mills's number of shares in issue this year was 9.044. Kovilpatti Lakshmi Roller Flour Mills's number of shares in issue last year was 9.069.
==> 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.
Kovilpatti Lakshmi Roller Flour Mills's gross margin of this year was 0.24805536. Kovilpatti Lakshmi Roller Flour Mills's gross margin of last year was 0.23221527.
==> 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
Kovilpatti Lakshmi Roller Flour Mills's asset turnover of this year was 2.45191508. Kovilpatti Lakshmi Roller Flour Mills's asset turnover of last year was 2.38828754.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kovilpatti Lakshmi Roller Flour Mills has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) has a Piotroski F-Score of 7 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kovilpatti Lakshmi Roller Flour Mills and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Kovilpatti Lakshmi Roller Flour Mills' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Kovilpatti Lakshmi Roller Flour Mills ranks #222 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is Kovilpatti Lakshmi Roller Flour Mills' Piotroski F-Score too high?
Kovilpatti Lakshmi Roller Flour Mills' current Piotroski F-Score of 7 is 17% above 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Kovilpatti Lakshmi Roller Flour Mills' value of 7 is 40% above this industry median. Based on the distribution chart, Kovilpatti Lakshmi Roller Flour Mills ranks #222 out of 1913 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Kovilpatti Lakshmi Roller Flour Mills has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kovilpatti Lakshmi Roller Flour Mills' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kovilpatti Lakshmi Roller Flour Mills ranks #222 out of 1913 companies for Piotroski F-Score. This places Kovilpatti Lakshmi Roller Flour Mills in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kovilpatti Lakshmi Roller Flour Mills' value of 7 is 40% above this benchmark. Historically, Kovilpatti Lakshmi Roller Flour Mills' 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 5.00, Kovilpatti Lakshmi Roller Flour Mills 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,913 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. Kovilpatti Lakshmi Roller Flour Mills'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 Kovilpatti Lakshmi Roller Flour Mills and its competitors. For the Consumer Packaged Goods 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. Kovilpatti Lakshmi Roller Flour Mills's current Piotroski F-Score is 7, which is 17% 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 Kovilpatti Lakshmi Roller Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹124.99, compared to a current price of ₹96.05 — trading 23.2% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Kovilpatti Lakshmi Roller Flour Mills' overall GF Score™ is 70/100 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 Kovilpatti Lakshmi Roller Flour Mills (BOM:507598), the current Piotroski F-Score is 7 as of Jul. 05, 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 Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Overvalued in 2026?
Based on GuruFocus' analysis, Kovilpatti Lakshmi Roller Flour Mills stock appears to be undervalued.
The current stock price of ₹96.05 is trading 23.2% below its estimated GF Value™ of ₹124.99.
GuruFocus considers Kovilpatti Lakshmi Roller Flour Mills to be Modestly Undervalued.
Key valuation signals for BOM:507598:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: ₹124.99 vs. price of ₹96.05 (23.2% below fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#222 of 1913)
No single metric tells the full story. See the BOM:507598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kovilpatti Lakshmi Roller Flour Mills Business Description
Kovilpatti Lakshmi Roller Flour Mills Ltd is engaged in the wheat flour milling business in India. The company is engaged in the business of Food Processing and Engineering which is its two operating segments. It operates through the Food division and Engineering division segments. It offers maida, sooji, atta, wheat bran, and other products under the Kuthuvilakku, Kera, and Alamaram brand names. Its distribution network involves wholesale and retail outlets.
70GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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