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Aanchal IspatBOM:538812 +2.91%41 Piotroski F-Score is 5 as of Aug. 05, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:538812 with a GF Score™ of 41/100 and a GF Value™ of ₹32.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 623 Steel companies, Aanchal Ispat ranks better than 56.18% 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
Aanchal Ispat has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Aanchal Ispat's Piotroski F-Score or its related term are showing as below:
BOM:538812'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Aanchal Ispat was 8. The lowest was 1. And the median was 5.
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.
Aanchal Ispat Piotroski F-Score Related Terms
Aanchal Ispat Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aanchal Ispat'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:538812 vs NUE, STLD, RS: Piotroski F-Score Comparison
For the Steel subindustry, Aanchal Ispat'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.
Aanchal Ispat Piotroski F-Score vs Steel Industry
For the Steel industry and Basic Materials sector, Aanchal Ispat's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aanchal Ispat'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.
Aanchal Ispat's current Net Income (TTM) was 20.2.
==> 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.
Aanchal Ispat's return on assets of this year was 0.03434171. Aanchal Ispat's return on assets of last year was -0.11455799.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aanchal Ispat's gearing of this year was 0. Aanchal Ispat's gearing of last year was 0.37535125.
==> 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
Aanchal Ispat's current ratio of this year was 0.9155032. Aanchal Ispat's current ratio of last year was 0.92007941.
==> 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.
Aanchal Ispat's number of shares in issue this year was 2.834. Aanchal Ispat's number of shares in issue last year was 0.209.
==> 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.
Aanchal Ispat's gross margin of this year was 0.12760218. Aanchal Ispat's gross margin of last year was 0.03912912.
==> 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
Aanchal Ispat's asset turnover of this year was 1.67839317. Aanchal Ispat's asset turnover of last year was 1.29180777.
==> 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
Aanchal Ispat has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Aanchal Ispat (BOM:538812) has a Piotroski F-Score of 5 as of Aug. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aanchal Ispat and its competitors. This is near median its historical median of 5.00. Over the past decade, Aanchal Ispat's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Aanchal Ispat ranks #273 out of 623 companies in the Steel industry, placing it in the top 43.8%.
Is Aanchal Ispat's Piotroski F-Score too high?
Aanchal Ispat's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Steel industry median Piotroski F-Score is 5.00. Aanchal Ispat's value of 5 is 0% at this industry median. Based on the distribution chart, Aanchal Ispat ranks #273 out of 623 companies in the Steel industry, which is above the industry midpoint. Overall, Aanchal Ispat has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aanchal Ispat's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Aanchal Ispat ranks #273 out of 623 companies for Piotroski F-Score. This puts Aanchal Ispat in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Aanchal Ispat's value of 5 is 0% at this benchmark. Historically, Aanchal Ispat's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Aanchal Ispat has consistently been at 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 623 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. Aanchal Ispat's current Piotroski F-Score of 5 is 0% at 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 Aanchal Ispat and its competitors. For the Steel 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. Aanchal Ispat's current Piotroski F-Score is 5, which is near 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 Aanchal Ispat stock overvalued right now?
Based on GuruFocus' analysis, Aanchal Ispat (BOM:538812) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹32.74, compared to a current price of ₹69.22 — trading 111.4% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Steel industry median of 5.00. Aanchal Ispat's overall GF Score™ is 41/100 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 Aanchal Ispat (BOM:538812), the current Piotroski F-Score is 5 as of Aug. 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 Aanchal Ispat (BOM:538812) Overvalued in 2026?
Based on GuruFocus' analysis, Aanchal Ispat stock appears to be overvalued.
The current stock price of ₹69.22 is trading 111.4% above its estimated GF Value™ of ₹32.74.
GuruFocus considers Aanchal Ispat to be Significantly Overvalued.
Key valuation signals for BOM:538812:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ₹32.74 vs. price of ₹69.22 (111.4% above fair value)
Industry Position: 0% at the Steel median (#273 of 623)
No single metric tells the full story. See the BOM:538812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aanchal Ispat Ltd is engaged in the business of manufacturing of iron and steel products. It manufactures Mild Steel TMT (thermomechanical treatment) Re-bars, Structural Re-bars, Round, and other Sectional products. The company also engages in trading of Mild Steel Billets, Cement and Clinker and TMT and Structural Re-Bars. Its product is used in the Infrastructure and Construction Industry.
41GF Score
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