Resourceful Automobile (BOM:544236) Piotroski F-Score: 3 (As of Aug. 09, 2026) — 25% Below Median

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BOM:544236 Resourceful Automobile Ltd BOM:544236
44 GF Score
Price ₹41.74
! 8 Warning Signs
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What is Resourceful Automobile Piotroski F-Score?

Resourceful Automobile BOM:544236 44 Piotroski F-Score is 3 as of Aug. 09, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates BOM:544236 with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 1,277 Vehicles & Parts companies, Resourceful Automobile ranks worse than 86.45% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Resourceful Automobile has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

BOM:544236' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 5
Current: 3

During the past 6 years, the highest Piotroski F-Score of Resourceful Automobile was 5. The lowest was 3. And the median was 4.

Resourceful Automobile  (BOM:544236) 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.


Resourceful Automobile Piotroski F-Score Related Terms


Resourceful Automobile Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Resourceful Automobile'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.

Resourceful Automobile Piotroski F-Score Chart

Resourceful Automobile Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 4.00 5.00 4.00 3.00

Resourceful Automobile Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 5.00 0.00 4.00 0.00 3.00

BOM:544236 vs CVNA, PAG, KMX: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Resourceful Automobile'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.


Resourceful Automobile Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Resourceful Automobile's Piotroski F-Score distribution charts can be found below:

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


BOM:544236
44GF Score
Resourceful Automobile Ltd BOM:544236
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 ₹15.1 Mil.
Cash Flow from Operations was ₹-81.2 Mil.
Revenue was ₹262.6 Mil.
Gross Profit was ₹41.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (254.83 + 350.273) / 2 = ₹302.5515 Mil.
Total Assets at the begining of this year (Mar25) was ₹254.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₹48.3 Mil.
Total Current Assets was ₹346.5 Mil.
Total Current Liabilities was ₹118.5 Mil.
Net Income was ₹12.7 Mil.

Revenue was ₹210.0 Mil.
Gross Profit was ₹44.0 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (174.422 + 254.83) / 2 = ₹214.626 Mil.
Total Assets at the begining of last year (Mar24) was ₹174.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹50.0 Mil.
Total Current Assets was ₹250.5 Mil.
Total Current Liabilities was ₹36.4 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.

Resourceful Automobile's current Net Income (TTM) was 15.1. ==> 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.

Resourceful Automobile's current Cash Flow from Operations (TTM) was -81.2. ==> Negative ==> Score 0.

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)
=15.101/254.83
=0.05925911

ROA (Last Year)=Net Income/Total Assets (Mar24)
=12.669/174.422
=0.07263419

Resourceful Automobile's return on assets of this year was 0.05925911. Resourceful Automobile's return on assets of last year was 0.07263419. ==> 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.

Resourceful Automobile's current Net Income (TTM) was 15.1. Resourceful Automobile's current Cash Flow from Operations (TTM) was -81.2. ==> -81.2 <= 15.1 ==> 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
=48.298/302.5515
=0.15963563

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=50/214.626
=0.23296339

Resourceful Automobile's gearing of this year was 0.15963563. Resourceful Automobile's gearing of last year was 0.23296339. ==> 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
=346.52/118.484
=2.92461429

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=250.504/36.439
=6.87461237

Resourceful Automobile's current ratio of this year was 2.92461429. Resourceful Automobile's current ratio of last year was 6.87461237. ==> 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.

Resourceful Automobile's number of shares in issue this year was 2.656. Resourceful Automobile's number of shares in issue last year was 2.656. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=41.755/262.591
=0.15901154

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=43.996/209.986
=0.20951873

Resourceful Automobile's gross margin of this year was 0.15901154. Resourceful Automobile's gross margin of last year was 0.20951873. ==> 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)
=262.591/254.83
=1.0304556

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=209.986/174.422
=1.2038963

Resourceful Automobile's asset turnover of this year was 1.0304556. Resourceful Automobile's asset turnover of last year was 1.2038963. ==> 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+0+0+0+1+0+1+0+0
=3

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

Resourceful Automobile has an F-score of 3. 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 3 mean?
Resourceful Automobile (BOM:544236) has a Piotroski F-Score of 3 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Resourceful Automobile and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Resourceful Automobile's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, Resourceful Automobile ranks #1104 out of 1277 companies in the Vehicles & Parts industry, placing it in the top 86.5%.
Is Resourceful Automobile's Piotroski F-Score too high?
Resourceful Automobile's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Resourceful Automobile's value of 3 is 40% below this industry median. Based on the distribution chart, Resourceful Automobile ranks #1104 out of 1277 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Resourceful Automobile has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Resourceful Automobile's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Resourceful Automobile ranks #1104 out of 1277 companies for Piotroski F-Score. This places Resourceful Automobile in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Resourceful Automobile's value of 3 is 40% below this benchmark. Historically, Resourceful Automobile's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Resourceful Automobile 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,277 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. Resourceful Automobile's current Piotroski F-Score of 3 is 40% 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 Resourceful Automobile and its competitors. For the Vehicles & Parts 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. Resourceful Automobile's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resourceful Automobile stock overvalued right now?
Resourceful Automobile (BOM:544236) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Vehicles & Parts industry median of 5.00. Resourceful Automobile's overall GF Score™ is 44/100 with 8 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 Resourceful Automobile (BOM:544236), the current Piotroski F-Score is 3 as of Aug. 09, 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.

Resourceful Automobile Business Description

Address KH No. 107/10 Main Road, K-24, Upper Ground, Raja puri, West Delhi, New Delhi, IND, 110059
Resourceful Automobile Ltd is engaged in the dealership of two-wheeler bikes of Yamaha, operating under the showroom name Sawhney Automobile. It is also involved in the sales and servicing of motorcycles and scooters. It operates in a single segment: Sales of bikes.
44GF Score

Get the complete analysis for BOM:544236

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

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