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Goel Construction CoBOM:544504 -0.66%18 Piotroski F-Score is 7 as of Aug. 06, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates BOM:544504 with a GF Score™ of 18/100. Among 1,733 Construction companies, Goel Construction Co ranks better than 88.98% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Goel Construction Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Goel Construction Co's Piotroski F-Score or its related term are showing as below:
BOM:544504'
s Piotroski F-Score Range Over the Past 10 Years
Min: 7 Med: 8 Max: 9
Current: 7
During the past 4 years, the highest Piotroski F-Score of Goel Construction Co was 9. The lowest was 7. And the median was 8.
Goel Construction Co (BOM:544504) 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.
Goel Construction Co Piotroski F-Score Related Terms
Goel Construction Co Piotroski F-Score Historical Data
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The historical data trend for Goel Construction Co'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:544504 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Goel Construction Co'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.
Goel Construction Co Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Goel Construction Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Goel Construction Co'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.
Goel Construction Co's current Net Income (TTM) was 463.
==> 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.
Goel Construction Co's return on assets of this year was 0.17449766. Goel Construction Co's return on assets of last year was 0.17457908.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Goel Construction Co's gearing of this year was 0.00513894. Goel Construction Co's gearing of last year was 0.05964081.
==> 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
Goel Construction Co's current ratio of this year was 1.51472275. Goel Construction Co's current ratio of last year was 1.33554593.
==> 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.
Goel Construction Co's number of shares in issue this year was 13.123. Goel Construction Co's number of shares in issue last year was 14.45.
==> 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.
Goel Construction Co's gross margin of this year was 0.22742309. Goel Construction Co's gross margin of last year was 0.21174099.
==> This year's gross margin is higher. ==> Score 1.
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
Goel Construction Co's asset turnover of this year was 2.4794837. Goel Construction Co's asset turnover of last year was 2.68768874.
==> 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
Goel Construction Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Goel Construction Co (BOM:544504) has a Piotroski F-Score of 7 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Goel Construction Co and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Goel Construction Co's Piotroski F-Score has ranged from 7.00 to 9.00. According to the industry distribution chart, Goel Construction Co ranks #191 out of 1733 companies in the Construction industry, placing it in the top 11%.
Is Goel Construction Co's Piotroski F-Score too high?
Goel Construction Co's current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Goel Construction Co's value of 7 is 40% above this industry median. Based on the distribution chart, Goel Construction Co ranks #191 out of 1733 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Goel Construction Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Goel Construction Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Goel Construction Co ranks #191 out of 1733 companies for Piotroski F-Score. This places Goel Construction Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Goel Construction Co's value of 7 is 40% above this benchmark. Historically, Goel Construction Co's own Piotroski F-Score has ranged from 7.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Goel Construction Co 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,733 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. Goel Construction Co's current Piotroski F-Score of 7 is 40% 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 Goel Construction Co and its competitors. For the Construction 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. Goel Construction Co's current Piotroski F-Score is 7, which is 13% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goel Construction Co stock overvalued right now?
Goel Construction Co (BOM:544504) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 40% above the Construction industry median of 5.00. Goel Construction Co's overall GF Score™ is 18/100. 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 Goel Construction Co (BOM:544504), the current Piotroski F-Score is 7 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.
Goel Construction Co Ltd is a construction contractor with experience in the construction of industrial plants and infrastructure projects. Its focus is on delivering construction services, ensuring quality, timely execution, and adherence to project specifications. It has a presence in the states of Rajasthan, Andhra Pradesh, Haryana, Gujarat, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Punjab, Maharashtra, Karnataka, and Uttar Pradesh.
18GF Score
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