Cosmic CRF (BOM:543928) Piotroski F-Score: 2 (As of Jul. 07, 2026) — 33% Below Median


BOM:543928 Cosmic CRF Ltd BOM:543928
66 GF Score
Price ₹1,179.00
GF Value ₹1,974.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is Cosmic CRF Piotroski F-Score?

Cosmic CRF BOM:543928 +5.00% 66 Piotroski F-Score is 2 as of Jul. 07, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates BOM:543928 with a GF Score™ of 66/100 and a GF Value™ of ₹1,974.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 978 Transportation companies, Cosmic CRF ranks worse than 96.32% on this metric.

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

Cosmic CRF 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 Cosmic CRF's Piotroski F-Score or its related term are showing as below:

BOM:543928' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 3
Current: 2

During the past 5 years, the highest Piotroski F-Score of Cosmic CRF was 3. The lowest was 2. And the median was 3.

Cosmic CRF  (BOM:543928) 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.


Cosmic CRF Piotroski F-Score Related Terms


Cosmic CRF Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cosmic CRF'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.

Cosmic CRF Piotroski F-Score Chart

Cosmic CRF Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 3.00 3.00 2.00

Cosmic CRF Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 3.00 0.00 3.00 0.00 2.00

BOM:543928 vs UNP, CSX, NSC: Piotroski F-Score Comparison

For the Railroads subindustry, Cosmic CRF'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.


Cosmic CRF Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Cosmic CRF's Piotroski F-Score distribution charts can be found below:

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


BOM:543928
66GF Score
Cosmic CRF Ltd BOM:543928
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 ₹506 Mil.
Cash Flow from Operations was ₹238 Mil.
Revenue was ₹7,166 Mil.
Gross Profit was ₹876 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5535.86 + 8191.493) / 2 = ₹6863.6765 Mil.
Total Assets at the begining of this year (Mar25) was ₹5,536 Mil.
Long-Term Debt & Capital Lease Obligation was ₹445 Mil.
Total Current Assets was ₹5,061 Mil.
Total Current Liabilities was ₹2,972 Mil.
Net Income was ₹290 Mil.

Revenue was ₹4,016 Mil.
Gross Profit was ₹512 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2540.349 + 5535.86) / 2 = ₹4038.1045 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,540 Mil.
Long-Term Debt & Capital Lease Obligation was ₹61 Mil.
Total Current Assets was ₹3,900 Mil.
Total Current Liabilities was ₹1,310 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.

Cosmic CRF's current Net Income (TTM) was 506. ==> 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.

Cosmic CRF's current Cash Flow from Operations (TTM) was 238. ==> 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)
=505.632/5535.86
=0.09133757

ROA (Last Year)=Net Income/Total Assets (Mar24)
=290.263/2540.349
=0.11426107

Cosmic CRF's return on assets of this year was 0.09133757. Cosmic CRF's return on assets of last year was 0.11426107. ==> 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.

Cosmic CRF's current Net Income (TTM) was 506. Cosmic CRF's current Cash Flow from Operations (TTM) was 238. ==> 238 <= 506 ==> CFROA <= ROA ==> Score 0.

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
=445.312/6863.6765
=0.06487951

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=60.519/4038.1045
=0.01498698

Cosmic CRF's gearing of this year was 0.06487951. Cosmic CRF's gearing of last year was 0.01498698. ==> 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
=5060.829/2971.861
=1.70291578

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3899.624/1309.864
=2.97712129

Cosmic CRF's current ratio of this year was 1.70291578. Cosmic CRF's current ratio of last year was 2.97712129. ==> 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.

Cosmic CRF's number of shares in issue this year was 9.188. Cosmic CRF's number of shares in issue last year was 8.258. ==> 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
=876.449/7166.003
=0.12230654

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=512.484/4016.323
=0.1276003

Cosmic CRF's gross margin of this year was 0.12230654. Cosmic CRF's gross margin of last year was 0.1276003. ==> 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)
=7166.003/5535.86
=1.29446969

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4016.323/2540.349
=1.58101229

Cosmic CRF's asset turnover of this year was 1.29446969. Cosmic CRF's asset turnover of last year was 1.58101229. ==> 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+0+0+0+0+0+0+0
=2

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

Cosmic CRF 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?
Cosmic CRF (BOM:543928) has a Piotroski F-Score of 2 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cosmic CRF and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Cosmic CRF's Piotroski F-Score has ranged from 2.00 to 3.00. According to the industry distribution chart, Cosmic CRF ranks #942 out of 978 companies in the Transportation industry, placing it in the top 96.3%.
Is Cosmic CRF's Piotroski F-Score too high?
Cosmic CRF'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 3.00. The Transportation industry median Piotroski F-Score is 6.00. Cosmic CRF's value of 2 is 66.7% below this industry median. Based on the distribution chart, Cosmic CRF ranks #942 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Cosmic CRF has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cosmic CRF's Piotroski F-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Cosmic CRF ranks #942 out of 978 companies for Piotroski F-Score. This places Cosmic CRF in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Cosmic CRF's value of 2 is 66.7% below this benchmark. Historically, Cosmic CRF's own Piotroski F-Score has ranged from 2.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Cosmic CRF 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Cosmic CRF's current Piotroski F-Score of 2 is 66.7% 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 Cosmic CRF and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosmic CRF'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 Cosmic CRF stock overvalued right now?
Based on GuruFocus' analysis, Cosmic CRF (BOM:543928) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,974.49, compared to a current price of ₹1,179.00 — trading 40.3% below its estimated fair value. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 66.7% below the Transportation industry median of 6.00. Cosmic CRF's overall GF Score™ is 66/100 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 Cosmic CRF (BOM:543928), the current Piotroski F-Score is 2 as of Jul. 07, 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 Cosmic CRF (BOM:543928) Overvalued in 2026?

Based on GuruFocus' analysis, Cosmic CRF stock appears to be undervalued. The current stock price of ₹1,179.00 is trading 40.3% below its estimated GF Value™ of ₹1,974.49. GuruFocus considers Cosmic CRF to be Possible Value Trap.

Key valuation signals for BOM:543928:

  • Piotroski F-Score: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: ₹1,974.49 vs. price of ₹1,179.00 (40.3% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 66.7% below the Transportation median (#942 of 978)

No single metric tells the full story. See the BOM:543928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosmic CRF Business Description

Address 19, Monohar Pukur Road, Cosmic Tower, 2nd Floor, Kolkata, WB, IND, 700029
Cosmic CRF Ltd is engaged in manufacturing of Railway Components, Sheet Piles and Structures from its Cold Rolled Forming (CRF) Unit. The group's product categories include SHeet Piles and Wagons & Railways. Its portfolio includes CRF Products: Sections for wagons, coaches, and infrastructure; Sheet Piles: For bridges, ports, and civil projects; Poles: High mast, octagonal, tubular, and galvanised; Springs & Forgings: Helical and Casnub springs, forging for wagons; and Engineering Solutions: Galvanisation and fabrication services.
66GF Score

Get the complete analysis for BOM:543928

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

₹1,179.00
Price
₹1,974.49
GF Value