Rossell Techsys (BOM:544294) Piotroski F-Score: 4 (As of Aug. 07, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544294 Rossell Techsys Ltd BOM:544294
12 GF Score
Price ₹1,087.65
! 6 Warning Signs
View Full Analysis

What is Rossell Techsys Piotroski F-Score?

Rossell Techsys BOM:544294 +2.15% 12 Piotroski F-Score is 4 as of Aug. 07, 2026, which is at its 10-year median of 4.00. GuruFocus rates BOM:544294 with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 319 Aerospace & Defense companies, Rossell Techsys ranks worse than 64.58% 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

Rossell Techsys has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

BOM:544294' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 4
Current: 4

During the past 3 years, the highest Piotroski F-Score of Rossell Techsys was 4. The lowest was 4. And the median was 4.

Rossell Techsys  (BOM:544294) 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.


Rossell Techsys Piotroski F-Score Related Terms


Rossell Techsys Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rossell Techsys'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.

Rossell Techsys Piotroski F-Score Chart

Rossell Techsys Annual Data
Trend Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 4.00

Rossell Techsys Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 4.00 0.00

BOM:544294 vs SPCX, GE, RTX: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Rossell Techsys'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.


Rossell Techsys Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rossell Techsys's Piotroski F-Score distribution charts can be found below:

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


BOM:544294
12GF Score
Rossell Techsys Ltd BOM:544294
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 ₹219 Mil.
Cash Flow from Operations was ₹-828 Mil.
Revenue was ₹4,851 Mil.
Gross Profit was ₹1,824 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (4228.957 + 6309.579) / 2 = ₹5269.268 Mil.
Total Assets at the begining of this year (Mar25) was ₹4,229 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹5,044 Mil.
Total Current Liabilities was ₹4,692 Mil.
Net Income was ₹79 Mil.

Revenue was ₹2,597 Mil.
Gross Profit was ₹1,192 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3607.412 + 4228.957) / 2 = ₹3918.1845 Mil.
Total Assets at the begining of last year (Mar24) was ₹3,607 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹3,056 Mil.
Total Current Liabilities was ₹2,838 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.

Rossell Techsys's current Net Income (TTM) was 219. ==> 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.

Rossell Techsys's current Cash Flow from Operations (TTM) was -828. ==> 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)
=218.925/4228.957
=0.05176808

ROA (Last Year)=Net Income/Total Assets (Mar24)
=79.065/3607.412
=0.02191737

Rossell Techsys's return on assets of this year was 0.05176808. Rossell Techsys's return on assets of last year was 0.02191737. ==> 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.

Rossell Techsys's current Net Income (TTM) was 219. Rossell Techsys's current Cash Flow from Operations (TTM) was -828. ==> -828 <= 219 ==> 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
=0/5269.268
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/3918.1845
=0

Rossell Techsys's gearing of this year was 0. Rossell Techsys's gearing of last year was 0. ==> 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
=5043.777/4691.697
=1.07504321

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3055.816/2838.423
=1.07658936

Rossell Techsys's current ratio of this year was 1.07504321. Rossell Techsys's current ratio of last year was 1.07658936. ==> 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.

Rossell Techsys's number of shares in issue this year was 37.681. Rossell Techsys's number of shares in issue last year was 37.65. ==> 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
=1823.797/4851.166
=0.37595024

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1192.378/2596.721
=0.45918603

Rossell Techsys's gross margin of this year was 0.37595024. Rossell Techsys's gross margin of last year was 0.45918603. ==> 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)
=4851.166/4228.957
=1.1471306

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2596.721/3607.412
=0.71982934

Rossell Techsys's asset turnover of this year was 1.1471306. Rossell Techsys's asset turnover of last year was 0.71982934. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+1+0+1+0+0+0+1
=4

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

Rossell Techsys has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Rossell Techsys (BOM:544294) has a Piotroski F-Score of 4 as of Aug. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rossell Techsys and its competitors. This is near median its historical median of 4.00. Over the past decade, Rossell Techsys' Piotroski F-Score has ranged from 4.00 to 4.00. According to the industry distribution chart, Rossell Techsys ranks #206 out of 319 companies in the Aerospace & Defense industry, placing it in the top 64.6%.
Is Rossell Techsys' Piotroski F-Score too high?
Rossell Techsys' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 4.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Rossell Techsys' value of 4 is 20% below this industry median. Based on the distribution chart, Rossell Techsys ranks #206 out of 319 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Rossell Techsys has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Rossell Techsys' Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Rossell Techsys ranks #206 out of 319 companies for Piotroski F-Score. This places Rossell Techsys in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Rossell Techsys' value of 4 is 20% below this benchmark. Historically, Rossell Techsys' own Piotroski F-Score has ranged from 4.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Rossell Techsys 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 an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 319 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. Rossell Techsys's current Piotroski F-Score of 4 is 20% 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 Rossell Techsys and its competitors. For the Aerospace & Defense 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. Rossell Techsys's current Piotroski F-Score is 4, which is near 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 Rossell Techsys stock overvalued right now?
Rossell Techsys (BOM:544294) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Aerospace & Defense industry median of 5.00. Rossell Techsys' overall GF Score™ is 12/100 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 Rossell Techsys (BOM:544294), the current Piotroski F-Score is 4 as of Aug. 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.

Rossell Techsys Business Description

Other Exchanges ROSSTECH:India
Address Darga Road, Jindal Towers Block B, 4th Floor 21/1A/3, Kolkata, WB, IND, 700017
Rossell Techsys Ltd is the Aerospace and Defense (A&D) division established to provide services to global OEMs with finish and finesse similar to home country with razor-sharp attention in fulfilling on-time, on-quality and on-budget commitments. The company undertakes Build to Specifications (BTS) and Build to Print (BTP) services for global OEMs through a model of establishing Centers of Excellence (CoE) in engineering and manufacturing in its facility located at the Aerospace Park.
12GF Score

Get the complete analysis for BOM:544294

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

₹1,087.65
Price