Zee Learn (BOM:533287) Piotroski F-Score: 6 (As of Jul. 05, 2026) — Near Median


BOM:533287 Zee Learn Ltd BOM:533287
72 GF Score
Price ₹8.87
GF Value ₹9.03
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Zee Learn Piotroski F-Score?

Zee Learn BOM:533287 -0.67% 72 Piotroski F-Score is 6 as of Jul. 05, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:533287 with a GF Score™ of 72/100 and a GF Value™ of ₹9.03 (Fairly Valued). The stock has 3 warning signs investors should review. Among 254 Education companies, Zee Learn ranks better than 67.32% 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

Zee Learn 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 Zee Learn's Piotroski F-Score or its related term are showing as below:

BOM:533287' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

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

Zee Learn  (BOM:533287) 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.


Zee Learn Piotroski F-Score Related Terms


Zee Learn Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Zee Learn'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.

Zee Learn Piotroski F-Score Chart

Zee Learn 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 7.00 6.00 6.00

Zee Learn 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 6.00 0.00 0.00 0.00 6.00

BOM:533287 vs EDU, TAL, LAUR: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Zee Learn'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.


Zee Learn Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Zee Learn's Piotroski F-Score distribution charts can be found below:

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


BOM:533287
72GF Score
Zee Learn Ltd BOM:533287
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 ₹385 Mil.
Cash Flow from Operations was ₹1,078 Mil.
Revenue was ₹4,391 Mil.
Gross Profit was ₹1,992 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (15093.076 + 15928.135) / 2 = ₹15510.6055 Mil.
Total Assets at the begining of this year (Mar25) was ₹15,093 Mil.
Long-Term Debt & Capital Lease Obligation was ₹3,061 Mil.
Total Current Assets was ₹9,147 Mil.
Total Current Liabilities was ₹9,076 Mil.
Net Income was ₹127 Mil.

Revenue was ₹3,719 Mil.
Gross Profit was ₹1,715 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (10840.28 + 15093.076) / 2 = ₹12966.678 Mil.
Total Assets at the begining of last year (Mar24) was ₹10,840 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,889 Mil.
Total Current Assets was ₹7,986 Mil.
Total Current Liabilities was ₹8,775 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.

Zee Learn's current Net Income (TTM) was 385. ==> 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.

Zee Learn's current Cash Flow from Operations (TTM) was 1,078. ==> 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)
=385.255/15093.076
=0.02552528

ROA (Last Year)=Net Income/Total Assets (Mar24)
=127.234/10840.28
=0.01173715

Zee Learn's return on assets of this year was 0.02552528. Zee Learn's return on assets of last year was 0.01173715. ==> 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.

Zee Learn's current Net Income (TTM) was 385. Zee Learn's current Cash Flow from Operations (TTM) was 1,078. ==> 1,078 > 385 ==> 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
=3060.771/15510.6055
=0.19733408

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2888.954/12966.678
=0.22279831

Zee Learn's gearing of this year was 0.19733408. Zee Learn's gearing of last year was 0.22279831. ==> 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
=9146.937/9076.112
=1.00780345

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=7986.053/8774.732
=0.91011931

Zee Learn's current ratio of this year was 1.00780345. Zee Learn's current ratio of last year was 0.91011931. ==> 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.

Zee Learn's number of shares in issue this year was 329.278. Zee Learn's number of shares in issue last year was 326.241. ==> 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
=1992.09/4390.631
=0.45371383

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1714.753/3719.375
=0.46103257

Zee Learn's gross margin of this year was 0.45371383. Zee Learn's gross margin of last year was 0.46103257. ==> 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)
=4390.631/15093.076
=0.29090366

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3719.375/10840.28
=0.34310691

Zee Learn's asset turnover of this year was 0.29090366. Zee Learn's asset turnover of last year was 0.34310691. ==> 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+1+1+1+1+1+0+0+0
=6

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

Zee Learn has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Zee Learn (BOM:533287) has a Piotroski F-Score of 6 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zee Learn and its competitors. This is near median its historical median of 6.00. Over the past decade, Zee Learn's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Zee Learn ranks #83 out of 254 companies in the Education industry, placing it in the top 32.7%.
Is Zee Learn's Piotroski F-Score too high?
Zee Learn'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 3.00 to a high of 8.00. The Education industry median Piotroski F-Score is 5.00. Zee Learn's value of 6 is 20% above this industry median. Based on the distribution chart, Zee Learn ranks #83 out of 254 companies in the Education industry, which is above the industry midpoint. Overall, Zee Learn has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zee Learn's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Zee Learn ranks #83 out of 254 companies for Piotroski F-Score. This puts Zee Learn in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Zee Learn's value of 6 is 20% above this benchmark. Historically, Zee Learn's 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, Zee Learn 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 Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 254 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. Zee Learn'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 Zee Learn and its competitors. For the Education 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. Zee Learn'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 Zee Learn stock overvalued right now?
Based on GuruFocus' analysis, Zee Learn (BOM:533287) is currently considered Fairly Valued. The stock's GF Value™ is ₹9.03, compared to a current price of ₹8.87 — trading 1.8% 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 Education industry median of 5.00. Zee Learn's overall GF Score™ is 72/100 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 Zee Learn (BOM:533287), the current Piotroski F-Score is 6 as of Jul. 05, 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 Zee Learn (BOM:533287) Overvalued in 2026?

Based on GuruFocus' analysis, Zee Learn stock appears to be undervalued. The current stock price of ₹8.87 is trading 1.8% below its estimated GF Value™ of ₹9.03. GuruFocus considers Zee Learn to be Fairly Valued.

Key valuation signals for BOM:533287:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: ₹9.03 vs. price of ₹8.87 (1.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 20% above the Education median (#83 of 254)

No single metric tells the full story. See the BOM:533287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zee Learn Business Description

Other Exchanges ZEELEARN:India
Address 135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400018
Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA), and E-Learning Online Education and Testing. It operates through the Educational, Construction and leasing for education, and Training Manpower and related activities segments. The Educational segment which generates the majority of its revenue, principally provides learning solutions and delivers training.
72GF Score

Get the complete analysis for BOM:533287

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

₹8.87
Price
₹9.03
GF Value