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NIS ManagementBOM:544495 +9.57%17 Piotroski F-Score is 6 as of Aug. 06, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544495 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,068 Business Services companies, NIS Management ranks better than 72.28% 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
NIS Management has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for NIS Management's Piotroski F-Score or its related term are showing as below:
BOM:544495'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 6
Current: 6
During the past 5 years, the highest Piotroski F-Score of NIS Management was 6. The lowest was 6. And the median was 6.
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.
NIS Management Piotroski F-Score Related Terms
NIS Management Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for NIS Management'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:544495 vs ALLE, MSA, ADT: Piotroski F-Score Comparison
For the Security & Protection Services subindustry, NIS Management'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.
NIS Management Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, NIS Management's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where NIS Management'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.
NIS Management's current Net Income (TTM) was -19.
==> Negative ==> Score 0.
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.
NIS Management's return on assets of this year was -0.00726585. NIS Management's return on assets of last year was 0.07543836.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
NIS Management's gearing of this year was 0.00383325. NIS Management's gearing of last year was 0.03094464.
==> 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
NIS Management's current ratio of this year was 2.58698221. NIS Management's current ratio of last year was 2.29619631.
==> 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.
NIS Management's number of shares in issue this year was 17.823. NIS Management's number of shares in issue last year was 19.8.
==> 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.
NIS Management's gross margin of this year was 0.98077391. NIS Management's gross margin of last year was 0.98631937.
==> 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
NIS Management's asset turnover of this year was 1.69886936. NIS Management's asset turnover of last year was 1.62531219.
==> 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
NIS Management has an F-score of 6 indicating the company's financial situation is typical for a stable company.
NIS Management (BOM:544495) has a Piotroski F-Score of 6 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NIS Management and its competitors. This is near median its historical median of 6.00. Over the past decade, NIS Management's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, NIS Management ranks #296 out of 1068 companies in the Business Services industry, placing it in the top 27.7%.
Is NIS Management's Piotroski F-Score too high?
NIS Management's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. NIS Management's value of 6 is 20% above this industry median. Based on the distribution chart, NIS Management ranks #296 out of 1068 companies in the Business Services industry, which is above the industry midpoint. Overall, NIS Management has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NIS Management's Piotroski F-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, NIS Management ranks #296 out of 1068 companies for Piotroski F-Score. This puts NIS Management in the upper half of its industry. The industry median Piotroski F-Score is 5.00. NIS Management's value of 6 is 20% above this benchmark. Historically, NIS Management's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, NIS Management has consistently been above 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,068 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. NIS Management's current Piotroski F-Score of 6 is 20% above 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 NIS Management and its competitors. For the Business Services 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. NIS Management's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS Management stock overvalued right now?
NIS Management (BOM:544495) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Business Services industry median of 5.00. NIS Management's overall GF Score™ is 17/100 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 NIS Management (BOM:544495), the current Piotroski F-Score is 6 as of Aug. 06, 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.
NIS Management Ltd is engaged in operations with a primary emphasis on delivering security guards and investigative services. The company offers a variety of services, including a broad range of offerings, the majority of its revenue comes from security services, housekeeping services, and integrated facility management.
17GF Score
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