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LGB ForgeBOM:533007 49 Piotroski F-Score is 6 as of Jul. 31, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:533007 with a GF Score™ of 49/100 and a GF Value™ of ₹11.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,960 Industrial Products companies, LGB Forge ranks better than 75.47% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
LGB Forge has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for LGB Forge's Piotroski F-Score or its related term are showing as below:
BOM:533007'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of LGB Forge was 9. The lowest was 2. 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.
LGB Forge Piotroski F-Score Related Terms
LGB Forge Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for LGB Forge'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:533007 vs CRS, ATI, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, LGB Forge'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.
LGB Forge Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LGB Forge's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where LGB Forge'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.
LGB Forge's current Net Income (TTM) was -22.
==> 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.
LGB Forge's return on assets of this year was -0.03546466. LGB Forge's return on assets of last year was -0.01550595.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
LGB Forge's gearing of this year was 0.26200565. LGB Forge's gearing of last year was 0.27536997.
==> 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
LGB Forge's current ratio of this year was 1.53058245. LGB Forge's current ratio of last year was 1.82736009.
==> 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.
LGB Forge's number of shares in issue this year was 238.202. LGB Forge's number of shares in issue last year was 238.202.
==> 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.
LGB Forge's gross margin of this year was 0.46131344. LGB Forge's gross margin of last year was 0.42410016.
==> 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
LGB Forge's asset turnover of this year was 1.54299488. LGB Forge's asset turnover of last year was 1.10265836.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
LGB Forge has an F-score of 6 indicating the company's financial situation is typical for a stable company.
LGB Forge (BOM:533007) has a Piotroski F-Score of 6 as of Jul. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on LGB Forge and its competitors. This is near median its historical median of 6.00. Over the past decade, LGB Forge's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, LGB Forge ranks #726 out of 2960 companies in the Industrial Products industry, placing it in the top 24.5%.
Is LGB Forge's Piotroski F-Score too high?
LGB Forge's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. LGB Forge's value of 6 is 20% above this industry median. Based on the distribution chart, LGB Forge ranks #726 out of 2960 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, LGB Forge has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LGB Forge's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, LGB Forge ranks #726 out of 2960 companies for Piotroski F-Score. This places LGB Forge in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. LGB Forge's value of 6 is 20% above this benchmark. Historically, LGB Forge's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, LGB Forge 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,960 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. LGB Forge's current Piotroski F-Score of 6 is 20% 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 LGB Forge and its competitors. For the Industrial Products 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. LGB Forge's current Piotroski F-Score is 6, which is near 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 LGB Forge stock overvalued right now?
Based on GuruFocus' analysis, LGB Forge (BOM:533007) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹11.97, compared to a current price of ₹5.55 — trading 53.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. LGB Forge's overall GF Score™ is 49/100 with 3 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 LGB Forge (BOM:533007), the current Piotroski F-Score is 6 as of Jul. 31, 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 LGB Forge (BOM:533007) Overvalued in 2026?
Based on GuruFocus' analysis, LGB Forge stock appears to be undervalued.
The current stock price of ₹5.55 is trading 53.6% below its estimated GF Value™ of ₹11.97.
GuruFocus considers LGB Forge to be Significantly Undervalued.
Key valuation signals for BOM:533007:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ₹11.97 vs. price of ₹5.55 (53.6% below fair value)
Industry Position: 20% above the Industrial Products median (#726 of 2960)
No single metric tells the full story. See the BOM:533007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. The Company operates in only one segment viz., Forging and Machining. Geographically, the company derives its key revenue from India.
49GF 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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