Sahara Maritime (BOM:544056) Piotroski F-Score: 7 (As of Jul. 07, 2026) — 40% Above Median


BOM:544056 Sahara Maritime Ltd BOM:544056
44 GF Score
Price ₹23.25
! 6 Warning Signs
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What is Sahara Maritime Piotroski F-Score?

Sahara Maritime BOM:544056 -3.13% 44 Piotroski F-Score is 7 as of Jul. 07, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates BOM:544056 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 978 Transportation companies, Sahara Maritime ranks better than 86.81% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Sahara Maritime has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

BOM:544056' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 7

During the past 6 years, the highest Piotroski F-Score of Sahara Maritime was 7. The lowest was 4. And the median was 5.

Sahara Maritime  (BOM:544056) 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.


Sahara Maritime Piotroski F-Score Related Terms


Sahara Maritime Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sahara Maritime'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.

Sahara Maritime Piotroski F-Score Chart

Sahara Maritime Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 4.00 4.00 7.00

Sahara Maritime Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 4.00 0.00 4.00 0.00 7.00

BOM:544056 vs KEX: Piotroski F-Score Comparison

For the Marine Shipping subindustry, Sahara Maritime'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.


Sahara Maritime Piotroski F-Score vs Transportation Industry

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

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


BOM:544056
44GF Score
Sahara Maritime Ltd BOM:544056
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 ₹7.8 Mil.
Cash Flow from Operations was ₹61.3 Mil.
Revenue was ₹182.5 Mil.
Gross Profit was ₹13.0 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (140.361 + 139.731) / 2 = ₹140.046 Mil.
Total Assets at the begining of this year (Mar25) was ₹140.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2.9 Mil.
Total Current Assets was ₹131.8 Mil.
Total Current Liabilities was ₹9.3 Mil.
Net Income was ₹2.4 Mil.

Revenue was ₹252.4 Mil.
Gross Profit was ₹17.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (143.959 + 140.361) / 2 = ₹142.16 Mil.
Total Assets at the begining of last year (Mar24) was ₹144.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹6.6 Mil.
Total Current Assets was ₹124.8 Mil.
Total Current Liabilities was ₹14.6 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.

Sahara Maritime's current Net Income (TTM) was 7.8. ==> 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.

Sahara Maritime's current Cash Flow from Operations (TTM) was 61.3. ==> 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)
=7.771/140.361
=0.05536438

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2.359/143.959
=0.01638661

Sahara Maritime's return on assets of this year was 0.05536438. Sahara Maritime's return on assets of last year was 0.01638661. ==> 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.

Sahara Maritime's current Net Income (TTM) was 7.8. Sahara Maritime's current Cash Flow from Operations (TTM) was 61.3. ==> 61.3 > 7.8 ==> 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
=2.921/140.046
=0.02085743

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6.625/142.16
=0.04660242

Sahara Maritime's gearing of this year was 0.02085743. Sahara Maritime's gearing of last year was 0.04660242. ==> 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
=131.812/9.276
=14.21000431

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=124.828/14.642
=8.52533807

Sahara Maritime's current ratio of this year was 14.21000431. Sahara Maritime's current ratio of last year was 8.52533807. ==> 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.

Sahara Maritime's number of shares in issue this year was 3.072. Sahara Maritime's number of shares in issue last year was 3.064. ==> 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
=12.951/182.528
=0.0709535

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=17.391/252.408
=0.06890035

Sahara Maritime's gross margin of this year was 0.0709535. Sahara Maritime's gross margin of last year was 0.06890035. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=182.528/140.361
=1.30041821

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=252.408/143.959
=1.75333255

Sahara Maritime's asset turnover of this year was 1.30041821. Sahara Maritime's asset turnover of last year was 1.75333255. ==> 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+1+0
=7

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

Sahara Maritime has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Sahara Maritime (BOM:544056) has a Piotroski F-Score of 7 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sahara Maritime and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Sahara Maritime's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sahara Maritime ranks #129 out of 978 companies in the Transportation industry, placing it in the top 13.2%.
Is Sahara Maritime's Piotroski F-Score too high?
Sahara Maritime's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Transportation industry median Piotroski F-Score is 6.00. Sahara Maritime's value of 7 is 16.7% above this industry median. Based on the distribution chart, Sahara Maritime ranks #129 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Sahara Maritime has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sahara Maritime's Piotroski F-Score compare to KEX?
According to the Transportation industry distribution chart, Sahara Maritime ranks #129 out of 978 companies for Piotroski F-Score. This places Sahara Maritime in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Sahara Maritime's value of 7 is 16.7% above this benchmark. Historically, Sahara Maritime's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Sahara Maritime 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 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. Sahara Maritime's current Piotroski F-Score of 7 is 16.7% 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 Sahara Maritime 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. Sahara Maritime's current Piotroski F-Score is 7, which is 40% above 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 Sahara Maritime stock overvalued right now?
Sahara Maritime (BOM:544056) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 16.7% above the Transportation industry median of 6.00. Sahara Maritime's overall GF Score™ is 44/100 with 6 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 Sahara Maritime (BOM:544056), the current Piotroski F-Score is 7 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.

Sahara Maritime Business Description

Address Sheriff Devji Street, 105, 106, 108, Floor-1, Plot142, Plaza Shopping Centre, Chakala Market Mandvi, Mumbai, MH, IND, 400003
Sahara Maritime Ltd is a non-governmental organization providing Freight forwarding & Warehousing services. It offers a comprehensive range of freight-related services, along with ancillary transport management. Additionally, the company has established informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, third-party logistics, Packaging, loading/unloading, and unpacking of items.
44GF 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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