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United CotfabBOM:544195 9 Piotroski F-Score is 2 as of Jul. 20, 2026, which is 60% below its 10-year median of 5.00. GuruFocus rates BOM:544195 with a GF Score™ of 9/100. The stock has 6 warning signs investors should review. Among 1,052 Manufacturing - Apparel & Accessories companies, United Cotfab ranks worse than 94.01% 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
United Cotfab 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 United Cotfab's Piotroski F-Score or its related term are showing as below:
BOM:544195'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 9
Current: 2
During the past 6 years, the highest Piotroski F-Score of United Cotfab was 9. The lowest was 2. And the median was 5.
United Cotfab (BOM:544195) 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.
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.
United Cotfab Piotroski F-Score Related Terms
United Cotfab Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for United Cotfab'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.
United Cotfab Piotroski F-Score Competitor Comparison
For the Textile Manufacturing subindustry, United Cotfab'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.
United Cotfab Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, United Cotfab's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where United Cotfab'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.
United Cotfab's current Net Income (TTM) was 37.
==> 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.
United Cotfab's return on assets of this year was 0.03468857. United Cotfab's return on assets of last year was 0.03361711.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
United Cotfab's gearing of this year was 0.31866947. United Cotfab's gearing of last year was 0.2983997.
==> 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
United Cotfab's current ratio of this year was 2.14591297. United Cotfab's current ratio of last year was 2.45481342.
==> 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.
United Cotfab's number of shares in issue this year was 17.216. United Cotfab's number of shares in issue last year was 15.965.
==> 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.
United Cotfab's gross margin of this year was 0.11820311. United Cotfab's gross margin of last year was 0.17177953.
==> 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
United Cotfab's asset turnover of this year was 1.4362613. United Cotfab's asset turnover of last year was 1.53400763.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
United Cotfab has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
United Cotfab (BOM:544195) has a Piotroski F-Score of 2 as of Jul. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on United Cotfab and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, United Cotfab's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, United Cotfab ranks #989 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94%.
Is United Cotfab's Piotroski F-Score too high?
United Cotfab's current Piotroski F-Score of 2 is 60% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. United Cotfab's value of 2 is 60% below this industry median. Based on the distribution chart, United Cotfab ranks #989 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, United Cotfab has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does United Cotfab's Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, United Cotfab ranks #989 out of 1052 companies for Piotroski F-Score. This places United Cotfab in the lower half of its industry. The industry median Piotroski F-Score is 5.00. United Cotfab's value of 2 is 60% below this benchmark. Historically, United Cotfab'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 5.00 vs. the industry median of 5.00, United Cotfab 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,052 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. United Cotfab's current Piotroski F-Score of 2 is 60% 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 United Cotfab and its competitors. For the Manufacturing - Apparel & Accessories 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. United Cotfab's current Piotroski F-Score is 2, which is 60% below 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 United Cotfab stock overvalued right now?
United Cotfab (BOM:544195) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Manufacturing - Apparel & Accessories industry median of 5.00. United Cotfab's overall GF Score™ is 9/100 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 United Cotfab (BOM:544195), the current Piotroski F-Score is 2 as of Jul. 20, 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.
United Cotfab Ltd is engaged in the manufacturing of high-quality open-end cotton yarn catering to the textile industry. Its manufacturing process adheres to stringent quality standards and is backed by technology and machinery. The company follows a systematic approach that includes raw material selection, blending (if required), spinning, winding, and quality control.
9GF Score
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