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Vintage SecuritiesBOM:531051 35 Piotroski F-Score is 3 as of Aug. 12, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates BOM:531051 with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 534 Credit Services companies, Vintage Securities ranks worse than 74.91% 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
Vintage Securities 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 Vintage Securities's Piotroski F-Score or its related term are showing as below:
BOM:531051'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 7
Current: 3
During the past 13 years, the highest Piotroski F-Score of Vintage Securities was 7. The lowest was 3. And the median was 6.
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.
Vintage Securities Piotroski F-Score Related Terms
Vintage Securities Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Vintage Securities'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:531051 vs V, MA, AXP: Piotroski F-Score Comparison
For the Credit Services subindustry, Vintage Securities'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.
Vintage Securities Piotroski F-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Vintage Securities's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Vintage Securities'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.
Vintage Securities's current Net Income (TTM) was 1.24.
==> 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.
Vintage Securities's return on assets of this year was 0.00761602. Vintage Securities's return on assets of last year was 0.00101027.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Vintage Securities's gearing of this year was 0. Vintage Securities'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
Vintage Securities's current ratio of this year was 36.58333333. Vintage Securities's current ratio of last year was 1385.98290598.
==> 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.
Vintage Securities's number of shares in issue this year was 3.752. Vintage Securities's number of shares in issue last year was 3.58.
==> 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.
Vintage Securities's gross margin of this year was . Vintage Securities's gross margin of last year was .
==> 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
Vintage Securities's asset turnover of this year was 0. Vintage Securities's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Vintage Securities has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Vintage Securities (BOM:531051) has a Piotroski F-Score of 3 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vintage Securities and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Vintage Securities' Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Vintage Securities ranks #400 out of 534 companies in the Credit Services industry, placing it in the top 74.9%.
Is Vintage Securities' Piotroski F-Score too high?
Vintage Securities' current Piotroski F-Score of 3 is 50% below 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 7.00. The Credit Services industry median Piotroski F-Score is 5.00. Vintage Securities' value of 3 is 40% below this industry median. Based on the distribution chart, Vintage Securities ranks #400 out of 534 companies in the Credit Services industry, which is below the industry midpoint. Overall, Vintage Securities has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Vintage Securities' Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Vintage Securities ranks #400 out of 534 companies for Piotroski F-Score. This places Vintage Securities in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Vintage Securities' value of 3 is 40% below this benchmark. Historically, Vintage Securities' own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Vintage Securities 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 534 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. Vintage Securities'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 Vintage Securities and its competitors. For the Credit Services 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. Vintage Securities's current Piotroski F-Score is 3, which is 50% below 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 Vintage Securities stock overvalued right now?
Vintage Securities (BOM:531051) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Credit Services industry median of 5.00. Vintage Securities' overall GF Score™ is 35/100 with 1 warning sign 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 Vintage Securities (BOM:531051), the current Piotroski F-Score is 3 as of Aug. 12, 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.
Vintage Securities Ltd is a non-banking finance company. It is engaged in the provision of financial activities and Real estate activities with owned or leased property. It has only one reporting segment which includes Investment and Loans.
35GF Score
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