Fundviser Capital (India) (BOM:530197) Piotroski F-Score: 3 (As of Jul. 21, 2026) — 40% Below Median

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BOM:530197 Fundviser Capital (India) Ltd BOM:530197
54 GF Score
Price ₹395.00
GF Value ₹6,609.25
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Fundviser Capital (India) Piotroski F-Score?

Fundviser Capital (India) BOM:530197 54 Piotroski F-Score is 3 as of Jul. 21, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates BOM:530197 with a GF Score™ of 54/100 and a GF Value™ of ₹6,609.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 786 Capital Markets companies, Fundviser Capital (India) ranks worse than 76.72% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Fundviser Capital (India) has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Fundviser Capital (India)'s Piotroski F-Score or its related term are showing as below:

BOM:530197' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 3

During the past 13 years, the highest Piotroski F-Score of Fundviser Capital (India) was 7. The lowest was 2. And the median was 5.

Fundviser Capital (India)  (BOM:530197) 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.


Fundviser Capital (India) Piotroski F-Score Related Terms


Fundviser Capital (India) Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fundviser Capital (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.

Fundviser Capital (India) Piotroski F-Score Chart

Fundviser Capital (India) 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 3.00 6.00 4.00 3.00

Fundviser Capital (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 4.00 0.00 0.00 0.00 3.00

BOM:530197 vs MS, GS, SCHW: Piotroski F-Score Comparison

For the Capital Markets subindustry, Fundviser Capital (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.


Fundviser Capital (India) Piotroski F-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fundviser Capital (India)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fundviser Capital (India)'s Piotroski F-Score falls into.


BOM:530197
54GF Score
Fundviser Capital (India) Ltd BOM:530197
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 ₹19 Mil.
Cash Flow from Operations was ₹-418 Mil.
Revenue was ₹1,240 Mil.
Gross Profit was ₹12 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (545.535 + 956.796) / 2 = ₹751.1655 Mil.
Total Assets at the begining of this year (Mar25) was ₹546 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹705 Mil.
Total Current Liabilities was ₹258 Mil.
Net Income was ₹16 Mil.

Revenue was ₹333 Mil.
Gross Profit was ₹87 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (133.238 + 545.535) / 2 = ₹339.3865 Mil.
Total Assets at the begining of last year (Mar24) was ₹133 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹386 Mil.
Total Current Liabilities was ₹291 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.

Fundviser Capital (India)'s current Net Income (TTM) was 19. ==> 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.

Fundviser Capital (India)'s current Cash Flow from Operations (TTM) was -418. ==> Negative ==> Score 0.

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)
=18.839/545.535
=0.03453307

ROA (Last Year)=Net Income/Total Assets (Mar24)
=15.83/133.238
=0.11880995

Fundviser Capital (India)'s return on assets of this year was 0.03453307. Fundviser Capital (India)'s return on assets of last year was 0.11880995. ==> Last year is higher ==> Score 0.

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.

Fundviser Capital (India)'s current Net Income (TTM) was 19. Fundviser Capital (India)'s current Cash Flow from Operations (TTM) was -418. ==> -418 <= 19 ==> CFROA <= ROA ==> Score 0.

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
=0/751.1655
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/339.3865
=0

Fundviser Capital (India)'s gearing of this year was 0. Fundviser Capital (India)'s gearing of last year was 0. ==> 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
=705.438/257.564
=2.73888432

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=386.144/291.409
=1.32509291

Fundviser Capital (India)'s current ratio of this year was 2.73888432. Fundviser Capital (India)'s current ratio of last year was 1.32509291. ==> 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.

Fundviser Capital (India)'s number of shares in issue this year was 7.9. Fundviser Capital (India)'s number of shares in issue last year was 5.153. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=12.424/1239.596
=0.01002262

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=86.963/332.842
=0.26127412

Fundviser Capital (India)'s gross margin of this year was 0.01002262. Fundviser Capital (India)'s gross margin of last year was 0.26127412. ==> 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)
=1239.596/545.535
=2.27225751

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=332.842/133.238
=2.49810114

Fundviser Capital (India)'s asset turnover of this year was 2.27225751. Fundviser Capital (India)'s asset turnover of last year was 2.49810114. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+0+0+1+1+0+0+0
=3

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

Fundviser Capital (India) has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Fundviser Capital (India) (BOM:530197) has a Piotroski F-Score of 3 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fundviser Capital (India) and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Fundviser Capital (India)'s Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Fundviser Capital (India) ranks #603 out of 786 companies in the Capital Markets industry, placing it in the top 76.7%.
Is Fundviser Capital (India)'s Piotroski F-Score too high?
Fundviser Capital (India)'s current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. Fundviser Capital (India)'s value of 3 is 40% below this industry median. Based on the distribution chart, Fundviser Capital (India) ranks #603 out of 786 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Fundviser Capital (India) has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fundviser Capital (India)'s Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Fundviser Capital (India) ranks #603 out of 786 companies for Piotroski F-Score. This places Fundviser Capital (India) in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Fundviser Capital (India)'s value of 3 is 40% below this benchmark. Historically, Fundviser Capital (India)'s own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Fundviser Capital (India) has consistently been below 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 786 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. Fundviser Capital (India)'s current Piotroski F-Score of 3 is 40% below 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 Fundviser Capital (India) and its competitors. For the Capital Markets 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. Fundviser Capital (India)'s current Piotroski F-Score is 3, which is 40% below 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 Fundviser Capital (India) stock overvalued right now?
Based on GuruFocus' analysis, Fundviser Capital (India) (BOM:530197) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,609.25, compared to a current price of ₹395.00 — trading 94% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Capital Markets industry median of 5.00. Fundviser Capital (India)'s overall GF Score™ is 54/100 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 Fundviser Capital (India) (BOM:530197), the current Piotroski F-Score is 3 as of Jul. 21, 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 Fundviser Capital (India) (BOM:530197) Overvalued in 2026?

Based on GuruFocus' analysis, Fundviser Capital (India) stock appears to be undervalued. The current stock price of ₹395.00 is trading 94% below its estimated GF Value™ of ₹6,609.25. GuruFocus considers Fundviser Capital (India) to be Possible Value Trap.

Key valuation signals for BOM:530197:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: ₹6,609.25 vs. price of ₹395.00 (94% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 40% below the Capital Markets median (#603 of 786)

No single metric tells the full story. See the BOM:530197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundviser Capital (India) Business Description

Address 90 Veer Nariman Road, 22, 7th Floor, Manek Mahal, Next to Ambassador Hotel, Churchgate, Mumbai, MH, IND, 400020
Fundviser Capital (India) Ltd is an India-based company engaged in Investments and Financing. It invests funds in properties and deposits.
54GF Score

Get the complete analysis for BOM:530197

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

₹395.00
Price
₹6,609.25
GF Value