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Technichem OrganicsBOM:544327 +0.78%14 Piotroski F-Score is 3 as of Aug. 12, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates BOM:544327 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, Technichem Organics ranks worse than 83.27% 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
Technichem Organics 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 Technichem Organics's Piotroski F-Score or its related term are showing as below:
BOM:544327'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 3
During the past 5 years, the highest Piotroski F-Score of Technichem Organics was 6. The lowest was 3. And the median was 5.
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.
Technichem Organics Piotroski F-Score Related Terms
Technichem Organics Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Technichem Organics'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.
BOM:544327 vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Technichem Organics'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.
Technichem Organics Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Technichem Organics's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Technichem Organics'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.
Technichem Organics's current Net Income (TTM) was 27.2.
==> 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.
Technichem Organics's return on assets of this year was 0.03923841. Technichem Organics's return on assets of last year was 0.07911025.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Technichem Organics's gearing of this year was 0.0970579. Technichem Organics's gearing of last year was 0.09470171.
==> 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
Technichem Organics's current ratio of this year was 1.86630508. Technichem Organics's current ratio of last year was 2.2441318.
==> 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.
Technichem Organics's number of shares in issue this year was 17.341. Technichem Organics's number of shares in issue last year was 13.296.
==> 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.
Technichem Organics's gross margin of this year was 0.37599168. Technichem Organics's gross margin of last year was 0.40559118.
==> 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
Technichem Organics's asset turnover of this year was 0.81511859. Technichem Organics's asset turnover of last year was 1.11498751.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Technichem Organics has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Technichem Organics (BOM:544327) has a Piotroski F-Score of 3 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Technichem Organics and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Technichem Organics' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Technichem Organics ranks #1299 out of 1560 companies in the Chemicals industry, placing it in the top 83.3%.
Is Technichem Organics' Piotroski F-Score too high?
Technichem Organics' current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Chemicals industry median Piotroski F-Score is 5.00. Technichem Organics' value of 3 is 40% below this industry median. Based on the distribution chart, Technichem Organics ranks #1299 out of 1560 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Technichem Organics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Technichem Organics' Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Technichem Organics ranks #1299 out of 1560 companies for Piotroski F-Score. This places Technichem Organics in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Technichem Organics' value of 3 is 40% below this benchmark. Historically, Technichem Organics' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Technichem Organics 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,560 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. Technichem Organics'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 Technichem Organics and its competitors. For the Chemicals 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. Technichem Organics's current Piotroski F-Score is 3, which is 40% 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 Technichem Organics stock overvalued right now?
Technichem Organics (BOM:544327) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Chemicals industry median of 5.00. Technichem Organics' overall GF Score™ is 14/100 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 Technichem Organics (BOM:544327), the current Piotroski F-Score is 3 as of Aug. 12, 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.
Technichem Organics Ltd is engaged in the business of manufacturing of range of chemicals. Some products are Pyrazoles, Pyrazolones, Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry that serves multiple industries, including pharmaceuticals, agriculture, coatings, pigments, dyes and others.
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