Emmsons International (BOM:532038) Piotroski F-Score: 2 (As of Jul. 12, 2026) — 33% Below Median


BOM:532038 Emmsons International Ltd BOM:532038
4 GF Score
Price ₹2.20
! 1 Warning Sign
View Full Analysis

What is Emmsons International Piotroski F-Score?

Emmsons International BOM:532038 4 Piotroski F-Score is 2 as of Jul. 12, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates BOM:532038 with a GF Score™ of 4/100. The stock has 1 warning sign investors should review.

Warning Sign:

Piotroski F-Score of 2 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

Emmsons International has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Emmsons International's Piotroski F-Score or its related term are showing as below:

BOM:532038' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 4
Current: 2

During the past 13 years, the highest Piotroski F-Score of Emmsons International was 4. The lowest was 2. And the median was 3.

Emmsons International  (BOM:532038) 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.


Emmsons International Piotroski F-Score Related Terms


Emmsons International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Emmsons International'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.

Emmsons International Piotroski F-Score Chart

Emmsons International 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 2.00 2.00 3.00 4.00 2.00

Emmsons International 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 2.00

BOM:532038 vs EYTH: Piotroski F-Score Comparison

For the Farm Products subindustry, Emmsons International'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.


Emmsons International Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmsons International's Piotroski F-Score distribution charts can be found below:

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


BOM:532038
4GF Score
Emmsons International Ltd BOM:532038
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 ₹-10.00 Mil.
Cash Flow from Operations was ₹-8.13 Mil.
Revenue was ₹0.00 Mil.
Gross Profit was ₹0.00 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5249.824 + 5248.267) / 2 = ₹5249.0455 Mil.
Total Assets at the begining of this year (Mar25) was ₹5,249.82 Mil.
Long-Term Debt & Capital Lease Obligation was ₹596.76 Mil.
Total Current Assets was ₹253.57 Mil.
Total Current Liabilities was ₹30,411.83 Mil.
Net Income was ₹-4.30 Mil.

Revenue was ₹0.00 Mil.
Gross Profit was ₹0.00 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (5245.514 + 5249.824) / 2 = ₹5247.669 Mil.
Total Assets at the begining of last year (Mar24) was ₹5,245.51 Mil.
Long-Term Debt & Capital Lease Obligation was ₹589.54 Mil.
Total Current Assets was ₹254.46 Mil.
Total Current Liabilities was ₹30,411.07 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.

Emmsons International's current Net Income (TTM) was -10.00. ==> Negative ==> Score 0.

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.

Emmsons International's current Cash Flow from Operations (TTM) was -8.13. ==> 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)
=-10.002/5249.824
=-0.00190521

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-4.304/5245.514
=-0.00082051

Emmsons International's return on assets of this year was -0.00190521. Emmsons International's return on assets of last year was -0.00082051. ==> 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.

Emmsons International's current Net Income (TTM) was -10.00. Emmsons International's current Cash Flow from Operations (TTM) was -8.13. ==> -8.13 > -10.00 ==> 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
=596.763/5249.0455
=0.11368981

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=589.543/5247.669
=0.11234379

Emmsons International's gearing of this year was 0.11368981. Emmsons International's gearing of last year was 0.11234379. ==> Last year is lower than this year ==> Score 0.

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
=253.567/30411.831
=0.00833777

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=254.455/30411.074
=0.00836718

Emmsons International's current ratio of this year was 0.00833777. Emmsons International's current ratio of last year was 0.00836718. ==> 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.

Emmsons International's number of shares in issue this year was 11.996. Emmsons International's number of shares in issue last year was 11.996. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Emmsons International's gross margin of this year was . Emmsons International'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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=0/5249.824
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0/5245.514
=0

Emmsons International's asset turnover of this year was 0. Emmsons International's asset turnover of last year was 0. ==> 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
=0+0+0+1+0+0+1+0+0
=2

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

Emmsons International has an F-score of 2. 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 2 mean?
Emmsons International (BOM:532038) has a Piotroski F-Score of 2 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Emmsons International and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Emmsons International's Piotroski F-Score has ranged from 2.00 to 4.00.
Is Emmsons International's Piotroski F-Score too high?
Emmsons International's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Emmsons International's value of 2 is 60% below this industry median. Overall, Emmsons International has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Emmsons International's Piotroski F-Score compare to EYTH?
Emmsons International's Piotroski F-Score of 2 can be compared against companies in the Consumer Packaged Goods industry. The industry median Piotroski F-Score is 5.00. Emmsons International's value of 2 is 60% below this benchmark. Historically, Emmsons International's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Emmsons International 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,914 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. Emmsons International's current Piotroski F-Score of 2 is 60% 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 Emmsons International 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. Emmsons International's current Piotroski F-Score is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmsons International stock overvalued right now?
Emmsons International (BOM:532038) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Emmsons International's overall GF Score™ is 4/100 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 Emmsons International (BOM:532038), the current Piotroski F-Score is 2 as of Jul. 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.

Emmsons International Business Description

Address Flat No. 301, Plot No. 12, Zamrudpur, Community Centre, Kailash Colony, New Delhi, IND, 110048
Emmsons International Ltd is a physical trader of agricultural produce, industrial raw materials, fertilizers, and energy products. The company's operations predominantly consist of trading, farming, and mining. It is mainly engaged in the business of "Trading of commodities". The company operates its business in India and outside India.
4GF Score

Get the complete analysis for BOM:532038

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

₹2.20
Price