Jay Ambe Supermarkets (BOM:544514) Piotroski F-Score: 6 (As of Aug. 08, 2026) — Near Median

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BOM:544514 Jay Ambe Supermarkets Ltd BOM:544514
18 GF Score
Price ₹107.30
! 3 Warning Signs
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What is Jay Ambe Supermarkets Piotroski F-Score?

Jay Ambe Supermarkets BOM:544514 18 Piotroski F-Score is 6 as of Aug. 08, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544514 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 303 Retail - Defensive companies, Jay Ambe Supermarkets ranks better than 69.97% 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

Jay Ambe Supermarkets 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 Jay Ambe Supermarkets's Piotroski F-Score or its related term are showing as below:

BOM:544514' 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 Jay Ambe Supermarkets was 6. The lowest was 6. And the median was 6.

Jay Ambe Supermarkets  (BOM:544514) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Jay Ambe Supermarkets Piotroski F-Score Related Terms


Jay Ambe Supermarkets Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jay Ambe Supermarkets'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.

Jay Ambe Supermarkets Piotroski F-Score Chart

Jay Ambe Supermarkets Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 6.00 6.00 6.00

Jay Ambe Supermarkets Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 6.00 0.00 6.00

BOM:544514 vs WMT, COST, TGT: Piotroski F-Score Comparison

For the Discount Stores subindustry, Jay Ambe Supermarkets'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.


Jay Ambe Supermarkets Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jay Ambe Supermarkets's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jay Ambe Supermarkets's Piotroski F-Score falls into.


BOM:544514
18GF Score
Jay Ambe Supermarkets Ltd BOM:544514
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹48.7 Mil.
Cash Flow from Operations was ₹30.8 Mil.
Revenue was ₹715.0 Mil.
Gross Profit was ₹166.0 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (267.784 + 582.537) / 2 = ₹425.1605 Mil.
Total Assets at the begining of this year (Mar25) was ₹267.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2.2 Mil.
Total Current Assets was ₹362.7 Mil.
Total Current Liabilities was ₹146.7 Mil.
Net Income was ₹27.5 Mil.

Revenue was ₹473.5 Mil.
Gross Profit was ₹124.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (220.172 + 267.784) / 2 = ₹243.978 Mil.
Total Assets at the begining of last year (Mar24) was ₹220.2 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.
Total Current Assets was ₹218.5 Mil.
Total Current Liabilities was ₹127.8 Mil.

*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.

Jay Ambe Supermarkets's current Net Income (TTM) was 48.7. ==> 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.

Jay Ambe Supermarkets's current Cash Flow from Operations (TTM) was 30.8. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=48.748/267.784
=0.18204224

ROA (Last Year)=Net Income/Total Assets (Mar24)
=27.537/220.172
=0.1250704

Jay Ambe Supermarkets's return on assets of this year was 0.18204224. Jay Ambe Supermarkets's return on assets of last year was 0.1250704. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Jay Ambe Supermarkets's current Net Income (TTM) was 48.7. Jay Ambe Supermarkets's current Cash Flow from Operations (TTM) was 30.8. ==> 30.8 <= 48.7 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2.239/425.1605
=0.00526625

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/243.978
=0

Jay Ambe Supermarkets's gearing of this year was 0.00526625. Jay Ambe Supermarkets's gearing of last year was 0. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=362.702/146.715
=2.47215349

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=218.533/127.817
=1.70973345

Jay Ambe Supermarkets's current ratio of this year was 2.47215349. Jay Ambe Supermarkets's current ratio of last year was 1.70973345. ==> 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.

Jay Ambe Supermarkets's number of shares in issue this year was 7.8. Jay Ambe Supermarkets's number of shares in issue last year was 8.88. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=165.985/714.976
=0.23215465

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=124.184/473.528
=0.26225271

Jay Ambe Supermarkets's gross margin of this year was 0.23215465. Jay Ambe Supermarkets's gross margin of last year was 0.26225271. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=714.976/267.784
=2.66997281

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=473.528/220.172
=2.15071853

Jay Ambe Supermarkets's asset turnover of this year was 2.66997281. Jay Ambe Supermarkets's asset turnover of last year was 2.15071853. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+0+1+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Jay Ambe Supermarkets has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Jay Ambe Supermarkets (BOM:544514) has a Piotroski F-Score of 6 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jay Ambe Supermarkets and its competitors. This is near median its historical median of 6.00. Over the past decade, Jay Ambe Supermarkets' Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Jay Ambe Supermarkets ranks #91 out of 303 companies in the Retail - Defensive industry, placing it in the top 30%.
Is Jay Ambe Supermarkets' Piotroski F-Score too high?
Jay Ambe Supermarkets' 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 Retail - Defensive industry median Piotroski F-Score is 6.00. Jay Ambe Supermarkets' value of 6 is 0% at this industry median. Based on the distribution chart, Jay Ambe Supermarkets ranks #91 out of 303 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Jay Ambe Supermarkets has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Jay Ambe Supermarkets' Piotroski F-Score compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Jay Ambe Supermarkets ranks #91 out of 303 companies for Piotroski F-Score. This puts Jay Ambe Supermarkets in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Jay Ambe Supermarkets' value of 6 is 0% at this benchmark. Historically, Jay Ambe Supermarkets' 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 6.00, Jay Ambe Supermarkets 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 303 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. Jay Ambe Supermarkets's current Piotroski F-Score of 6 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 Jay Ambe Supermarkets and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jay Ambe Supermarkets'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 Jay Ambe Supermarkets stock overvalued right now?
Jay Ambe Supermarkets (BOM:544514) 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 0% at the Retail - Defensive industry median of 6.00. Jay Ambe Supermarkets' overall GF Score™ is 18/100 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 Jay Ambe Supermarkets (BOM:544514), the current Piotroski F-Score is 6 as of Aug. 08, 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.

Jay Ambe Supermarkets Business Description

Address A001, Shubh Vivid, Por Kudasan, Village- Kudasan, Gandhinagar, GJ, IND, 382421
Jay Ambe Supermarkets Ltd is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Decor, Cloths, Apparels, Toys, Gift Articles, Footwear, other house hold items, via supermarkets and its type and other related activity to fulfil the main object. The Company is carrying on its business through retail marts via franchise model as well. The company is also engaged in making operational income through, letting of shelves to other companies in their marts, paid branding and marketing through display in company's stores.
18GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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