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Rikhav SecuritiesBOM:544340 -0.74%21 Piotroski F-Score is 5 as of Jul. 23, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:544340 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 784 Capital Markets companies, Rikhav Securities ranks better than 64.16% 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
Rikhav Securities has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Rikhav Securities's Piotroski F-Score or its related term are showing as below:
BOM:544340'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 5 Max: 7
Current: 5
During the past 5 years, the highest Piotroski F-Score of Rikhav Securities was 7. The lowest was 5. 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.
Rikhav Securities Piotroski F-Score Related Terms
Rikhav Securities Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Rikhav Securities'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:544340 vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, Rikhav Securities'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.
Rikhav Securities Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Rikhav Securities's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Rikhav Securities'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.
Rikhav Securities's current Net Income (TTM) was 190.
==> 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.
Rikhav Securities's return on assets of this year was 0.06522767. Rikhav Securities's return on assets of last year was 0.08054333.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Rikhav Securities's gearing of this year was 0.00667611. Rikhav Securities's gearing of last year was 0.00058746.
==> 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
Rikhav Securities's current ratio of this year was 2.58224647. Rikhav Securities's current ratio of last year was 1.78507299.
==> 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.
Rikhav Securities's number of shares in issue this year was 38.303. Rikhav Securities's number of shares in issue last year was 31.518.
==> 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.
Rikhav Securities's gross margin of this year was 0.02176663. Rikhav Securities's gross margin of last year was 0.15523261.
==> 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
Rikhav Securities's asset turnover of this year was 6.79785134. Rikhav Securities's asset turnover of last year was 1.08177138.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Rikhav Securities has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Rikhav Securities (BOM:544340) has a Piotroski F-Score of 5 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rikhav Securities and its competitors. This is near median its historical median of 5.00. Over the past decade, Rikhav Securities' Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Rikhav Securities ranks #281 out of 784 companies in the Capital Markets industry, placing it in the top 35.8%.
Is Rikhav Securities' Piotroski F-Score too high?
Rikhav Securities' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. Rikhav Securities' value of 5 is 0% at this industry median. Based on the distribution chart, Rikhav Securities ranks #281 out of 784 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Rikhav Securities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Rikhav Securities' Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Rikhav Securities ranks #281 out of 784 companies for Piotroski F-Score. This puts Rikhav Securities in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Rikhav Securities' value of 5 is 0% at this benchmark. Historically, Rikhav Securities' own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Rikhav Securities has consistently been at 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 784 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. Rikhav Securities's current Piotroski F-Score of 5 is 0% at 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 Rikhav Securities and its competitors. For the Capital Markets 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. Rikhav Securities's current Piotroski F-Score is 5, which is near 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 Rikhav Securities stock overvalued right now?
Rikhav Securities (BOM:544340) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Capital Markets industry median of 5.00. Rikhav Securities' overall GF Score™ is 21/100 with 3 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 Rikhav Securities (BOM:544340), the current Piotroski F-Score is 5 as of Jul. 23, 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.
Rikhav Securities Ltd is engaged in the business of equity broking, investing, and trading activities. Its services encompass a comprehensive range of financial activities such as equity broking, It offers cash delivery, intra-day trading, futures, and options. The company is actively involved in trading across various derivative and commodity segments. The Company is also engaged in making proprietary investments in various tradable securities.
21GF Score
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