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Karbonsteel EngineeringBOM:544511 -1.28%18 Piotroski F-Score is 6 as of Aug. 09, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544511 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,944 Industrial Products companies, Karbonsteel Engineering ranks better than 75.61% 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
Karbonsteel Engineering 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 Karbonsteel Engineering's Piotroski F-Score or its related term are showing as below:
BOM:544511'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 7
Current: 6
During the past 5 years, the highest Piotroski F-Score of Karbonsteel Engineering was 7. 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.
Karbonsteel Engineering Piotroski F-Score Related Terms
Karbonsteel Engineering Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Karbonsteel Engineering'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:544511 vs CRS, ATI, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, Karbonsteel Engineering'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.
Karbonsteel Engineering Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Karbonsteel Engineering's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Karbonsteel Engineering'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.
Karbonsteel Engineering's current Net Income (TTM) was 105.
==> 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.
Karbonsteel Engineering's current Cash Flow from Operations (TTM) was 229.
==> 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.
Karbonsteel Engineering's return on assets of this year was 0.04514532. Karbonsteel Engineering's return on assets of last year was 0.08038827.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Karbonsteel Engineering's gearing of this year was 0.041365. Karbonsteel Engineering's gearing of last year was 0.07723371.
==> 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
Karbonsteel Engineering's current ratio of this year was 1.46227932. Karbonsteel Engineering's current ratio of last year was 1.22686094.
==> 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.
Karbonsteel Engineering's number of shares in issue this year was 12.776. Karbonsteel Engineering's number of shares in issue last year was 14.142.
==> 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.
Karbonsteel Engineering's gross margin of this year was 0.30260588. Karbonsteel Engineering's gross margin of last year was 0.31386926.
==> 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
Karbonsteel Engineering's asset turnover of this year was 1.292679. Karbonsteel Engineering's asset turnover of last year was 1.55023891.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Karbonsteel Engineering has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Karbonsteel Engineering (BOM:544511) has a Piotroski F-Score of 6 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Karbonsteel Engineering and its competitors. This is near median its historical median of 6.00. Over the past decade, Karbonsteel Engineering's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Karbonsteel Engineering ranks #718 out of 2944 companies in the Industrial Products industry, placing it in the top 24.4%.
Is Karbonsteel Engineering's Piotroski F-Score too high?
Karbonsteel Engineering'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 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Karbonsteel Engineering's value of 6 is 20% above this industry median. Based on the distribution chart, Karbonsteel Engineering ranks #718 out of 2944 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Karbonsteel Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Karbonsteel Engineering's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Karbonsteel Engineering ranks #718 out of 2944 companies for Piotroski F-Score. This places Karbonsteel Engineering in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Karbonsteel Engineering's value of 6 is 20% above this benchmark. Historically, Karbonsteel Engineering's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Karbonsteel Engineering 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,944 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. Karbonsteel Engineering'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 Karbonsteel Engineering and its competitors. For the Industrial Products 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. Karbonsteel Engineering'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 Karbonsteel Engineering stock overvalued right now?
Karbonsteel Engineering (BOM:544511) 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 Industrial Products industry median of 5.00. Karbonsteel Engineering's overall GF Score™ is 18/100 with 2 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 Karbonsteel Engineering (BOM:544511), the current Piotroski F-Score is 6 as of Aug. 09, 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.
Karbonsteel Engineering Ltd is a structural engineering and fabrication company engaged in the design, fabrication and assembly of heavy and precision steel structures, customized to meet clients' requirements across various industrial and infrastructure segments. It has delivered structural engineering and fabrication solutions in diverse sectors including steel plants, railway bridges, oil & gas plants, refineries, chemical plants and other industrial units. Its structural engineering and fabrication solutions can broadly be classified into four verticals:- Heavy Steel Fabricated Structures, Precision Fabricated Steel Structures or Technological Structures, Steel Bridge Structures for High-Speed Rail Projects, and Pre-Engineered Buildings.
18GF Score
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