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Malpani Pipes And FittingsBOM:544351 16 Piotroski F-Score is 5 as of Aug. 20, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:544351 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,561 Chemicals companies, Malpani Pipes And Fittings ranks better than 53.56% 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
Malpani Pipes And Fittings 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 Malpani Pipes And Fittings's Piotroski F-Score or its related term are showing as below:
BOM:544351'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 5 Max: 6
Current: 5
During the past 5 years, the highest Piotroski F-Score of Malpani Pipes And Fittings was 6. The lowest was 5. And the median was 5.
Malpani Pipes And Fittings (BOM:544351) 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.
Malpani Pipes And Fittings Piotroski F-Score Related Terms
Malpani Pipes And Fittings Piotroski F-Score Historical Data
* 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.
Malpani Pipes And Fittings Piotroski F-Score Chart
BOM:544351 vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Malpani Pipes And Fittings'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.
Malpani Pipes And Fittings Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Malpani Pipes And Fittings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Malpani Pipes And Fittings'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.
Malpani Pipes And Fittings's current Net Income (TTM) was 90.
==> 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.
Malpani Pipes And Fittings's current Cash Flow from Operations (TTM) was 158.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Malpani Pipes And Fittings's return on assets of this year was 0.08057243. Malpani Pipes And Fittings's return on assets of last year was 0.1315382.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Malpani Pipes And Fittings's gearing of this year was 0.08136832. Malpani Pipes And Fittings's gearing of last year was 0.12192209.
==> 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
Malpani Pipes And Fittings's current ratio of this year was 1.76768048. Malpani Pipes And Fittings's current ratio of last year was 1.67308446.
==> 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.
Malpani Pipes And Fittings's number of shares in issue this year was 10.775. Malpani Pipes And Fittings's number of shares in issue last year was 8.336.
==> 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.
Malpani Pipes And Fittings's gross margin of this year was 0.19155608. Malpani Pipes And Fittings's gross margin of last year was 0.19973001.
==> 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
Malpani Pipes And Fittings's asset turnover of this year was 1.45484951. Malpani Pipes And Fittings's asset turnover of last year was 2.29786038.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Malpani Pipes And Fittings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Malpani Pipes And Fittings (BOM:544351) has a Piotroski F-Score of 5 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Malpani Pipes And Fittings and its competitors. This is near median its historical median of 5.00. Over the past decade, Malpani Pipes And Fittings' Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, Malpani Pipes And Fittings ranks #725 out of 1561 companies in the Chemicals industry, placing it in the top 46.4%.
Is Malpani Pipes And Fittings' Piotroski F-Score too high?
Malpani Pipes And Fittings' 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 6.00. The Chemicals industry median Piotroski F-Score is 5.00. Malpani Pipes And Fittings' value of 5 is 0% at this industry median. Based on the distribution chart, Malpani Pipes And Fittings ranks #725 out of 1561 companies in the Chemicals industry, which is above the industry midpoint. Overall, Malpani Pipes And Fittings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Malpani Pipes And Fittings' Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Malpani Pipes And Fittings ranks #725 out of 1561 companies for Piotroski F-Score. This puts Malpani Pipes And Fittings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Malpani Pipes And Fittings' value of 5 is 0% at this benchmark. Historically, Malpani Pipes And Fittings' own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Malpani Pipes And Fittings 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,561 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. Malpani Pipes And Fittings'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 Malpani Pipes And Fittings 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. Malpani Pipes And Fittings'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 Malpani Pipes And Fittings stock overvalued right now?
Malpani Pipes And Fittings (BOM:544351) 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 Chemicals industry median of 5.00. Malpani Pipes And Fittings' overall GF Score™ is 16/100 with 5 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 Malpani Pipes And Fittings (BOM:544351), the current Piotroski F-Score is 5 as of Aug. 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.
Malpani Pipes And Fittings Ltd manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services. It distributes its products to both wholesalers and retailers. Additionally, the company supplies pipes for government projects through authorized contractors involved in local, state or federal development schemes. Also, It supplies pipes to farmers in terms of farmer welfare policies launched by the Central or State Government.
16GF Score
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