Omax Autos (BOM:520021) Piotroski F-Score: 8 (As of Jul. 13, 2026) — 33% Above Median


BOM:520021 Omax Autos Ltd BOM:520021
59 GF Score
Price ₹242.85
GF Value ₹139.42
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Omax Autos Piotroski F-Score?

Omax Autos BOM:520021 +4.99% 59 Piotroski F-Score is 8 as of Jul. 13, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates BOM:520021 with a GF Score™ of 59/100 and a GF Value™ of ₹139.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Omax Autos ranks better than 97.9% 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

Omax Autos 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 Omax Autos's Piotroski F-Score or its related term are showing as below:

BOM:520021' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Omax Autos was 8. The lowest was 3. And the median was 6.

Omax Autos  (BOM:520021) 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.


Omax Autos Piotroski F-Score Related Terms


Omax Autos Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Omax Autos'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.

Omax Autos Piotroski F-Score Chart

Omax Autos 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 6.00 5.00 7.00 8.00 8.00

Omax Autos 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 8.00 0.00 0.00 0.00 8.00

BOM:520021 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Omax Autos'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.


Omax Autos Piotroski F-Score vs Vehicles & Parts Industry

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

* The bar in red indicates where Omax Autos's Piotroski F-Score falls into.


BOM:520021
59GF Score
Omax Autos Ltd BOM:520021
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 ₹370 Mil.
Cash Flow from Operations was ₹669 Mil.
Revenue was ₹4,845 Mil.
Gross Profit was ₹1,044 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (4843.537 + 5032.225) / 2 = ₹4937.881 Mil.
Total Assets at the begining of this year (Mar25) was ₹4,844 Mil.
Long-Term Debt & Capital Lease Obligation was ₹247 Mil.
Total Current Assets was ₹1,788 Mil.
Total Current Liabilities was ₹1,000 Mil.
Net Income was ₹215 Mil.

Revenue was ₹3,693 Mil.
Gross Profit was ₹844 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (4997.073 + 4843.537) / 2 = ₹4920.305 Mil.
Total Assets at the begining of last year (Mar24) was ₹4,997 Mil.
Long-Term Debt & Capital Lease Obligation was ₹487 Mil.
Total Current Assets was ₹1,368 Mil.
Total Current Liabilities was ₹866 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.

Omax Autos's current Net Income (TTM) was 370. ==> 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.

Omax Autos's current Cash Flow from Operations (TTM) was 669. ==> 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)
=370.41/4843.537
=0.0764751

ROA (Last Year)=Net Income/Total Assets (Mar24)
=215.465/4997.073
=0.04311824

Omax Autos's return on assets of this year was 0.0764751. Omax Autos's return on assets of last year was 0.04311824. ==> 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.

Omax Autos's current Net Income (TTM) was 370. Omax Autos's current Cash Flow from Operations (TTM) was 669. ==> 669 > 370 ==> 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
=246.577/4937.881
=0.04993579

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=487.13/4920.305
=0.09900403

Omax Autos's gearing of this year was 0.04993579. Omax Autos's gearing of last year was 0.09900403. ==> 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
=1787.658/1000.238
=1.78723264

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1367.98/866.447
=1.57883864

Omax Autos's current ratio of this year was 1.78723264. Omax Autos's current ratio of last year was 1.57883864. ==> 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.

Omax Autos's number of shares in issue this year was 21.386. Omax Autos's number of shares in issue last year was 21.397. ==> 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
=1044.025/4844.979
=0.21548597

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=844.463/3692.586
=0.22869149

Omax Autos's gross margin of this year was 0.21548597. Omax Autos's gross margin of last year was 0.22869149. ==> 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)
=4844.979/4843.537
=1.00029772

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3692.586/4997.073
=0.73894978

Omax Autos's asset turnover of this year was 1.00029772. Omax Autos's asset turnover of last year was 0.73894978. ==> 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

Omax Autos 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?
Omax Autos (BOM:520021) has a Piotroski F-Score of 8 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Omax Autos and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Omax Autos' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Omax Autos ranks #27 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 2.1%.
Is Omax Autos' Piotroski F-Score too high?
Omax Autos' 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 3.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Omax Autos' value of 8 is 60% above this industry median. Based on the distribution chart, Omax Autos ranks #27 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Omax Autos has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Omax Autos' Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Omax Autos ranks #27 out of 1286 companies for Piotroski F-Score. This places Omax Autos in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Omax Autos' value of 8 is 60% above this benchmark. Historically, Omax Autos' 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, Omax Autos 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 1,286 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. Omax Autos'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 Omax Autos 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. Omax Autos'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 Omax Autos stock overvalued right now?
Based on GuruFocus' analysis, Omax Autos (BOM:520021) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹139.42, compared to a current price of ₹242.85 — trading 74.2% above 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. Omax Autos' overall GF Score™ is 59/100 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 Omax Autos (BOM:520021), the current Piotroski F-Score is 8 as of Jul. 13, 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 Omax Autos (BOM:520021) Overvalued in 2026?

Based on GuruFocus' analysis, Omax Autos stock appears to be overvalued. The current stock price of ₹242.85 is trading 74.2% above its estimated GF Value™ of ₹139.42. GuruFocus considers Omax Autos to be Significantly Overvalued.

Key valuation signals for BOM:520021:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₹139.42 vs. price of ₹242.85 (74.2% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 60% above the Vehicles & Parts median (#27 of 1286)

No single metric tells the full story. See the BOM:520021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Omax Autos Business Description

Other Exchanges OMAXAUTO:India
Address Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.
59GF Score

Get the complete analysis for BOM:520021

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

₹242.85
Price
₹139.42
GF Value