BMW Ventures (BOM:544543) Piotroski F-Score: 7 (As of Aug. 23, 2026) — 40% Above Median

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BOM:544543 BMW Ventures Ltd BOM:544543
36 GF Score
Price ₹57.30
! 4 Warning Signs
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What is BMW Ventures Piotroski F-Score?

BMW Ventures BOM:544543 -0.43% 36 Piotroski F-Score is 7 as of Aug. 23, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates BOM:544543 with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 625 Steel companies, BMW Ventures ranks better than 91.04% 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

BMW Ventures 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 BMW Ventures's Piotroski F-Score or its related term are showing as below:

BOM:544543' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 7

During the past 6 years, the highest Piotroski F-Score of BMW Ventures was 7. The lowest was 4. And the median was 5.

BMW Ventures  (BOM:544543) 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.


BMW Ventures Piotroski F-Score Related Terms


BMW Ventures Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BMW Ventures'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.

BMW Ventures Piotroski F-Score Chart

BMW Ventures Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 4.00 4.00 6.00 7.00

BMW Ventures Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 0.00 0.00 7.00 0.00

BOM:544543 vs NUE, STLD, RS: Piotroski F-Score Comparison

For the Steel subindustry, BMW Ventures'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.


BMW Ventures Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, BMW Ventures's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BMW Ventures's Piotroski F-Score falls into.


BOM:544543
36GF Score
BMW Ventures Ltd BOM:544543
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 ₹375 Mil.
Cash Flow from Operations was ₹76 Mil.
Revenue was ₹22,708 Mil.
Gross Profit was ₹2,002 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (6760.698 + 7520.545) / 2 = ₹7140.6215 Mil.
Total Assets at the begining of this year (Mar25) was ₹6,761 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹5,984 Mil.
Total Current Liabilities was ₹3,032 Mil.
Net Income was ₹328 Mil.

Revenue was ₹20,521 Mil.
Gross Profit was ₹1,820 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (6461.479 + 6760.698) / 2 = ₹6611.0885 Mil.
Total Assets at the begining of last year (Mar24) was ₹6,461 Mil.
Long-Term Debt & Capital Lease Obligation was ₹312 Mil.
Total Current Assets was ₹5,317 Mil.
Total Current Liabilities was ₹4,285 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.

BMW Ventures's current Net Income (TTM) was 375. ==> 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.

BMW Ventures's current Cash Flow from Operations (TTM) was 76. ==> 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)
=374.831/6760.698
=0.05544265

ROA (Last Year)=Net Income/Total Assets (Mar24)
=328.233/6461.479
=0.05079843

BMW Ventures's return on assets of this year was 0.05544265. BMW Ventures's return on assets of last year was 0.05079843. ==> 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.

BMW Ventures's current Net Income (TTM) was 375. BMW Ventures's current Cash Flow from Operations (TTM) was 76. ==> 76 <= 375 ==> 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
=0/7140.6215
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=311.92/6611.0885
=0.04718134

BMW Ventures's gearing of this year was 0. BMW Ventures's gearing of last year was 0.04718134. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=5984.404/3031.838
=1.97385348

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5316.818/4285.35
=1.24069633

BMW Ventures's current ratio of this year was 1.97385348. BMW Ventures's current ratio of last year was 1.24069633. ==> 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.

BMW Ventures's number of shares in issue this year was 75.111. BMW Ventures's number of shares in issue last year was 86.715. ==> 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
=2001.587/22707.592
=0.08814616

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1820.065/20520.649
=0.08869432

BMW Ventures's gross margin of this year was 0.08814616. BMW Ventures's gross margin of last year was 0.08869432. ==> 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)
=22707.592/6760.698
=3.35876444

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=20520.649/6461.479
=3.17584395

BMW Ventures's asset turnover of this year was 3.35876444. BMW Ventures's asset turnover of last year was 3.17584395. ==> 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+1+1+1+0+1
=7

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

BMW Ventures has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
BMW Ventures (BOM:544543) has a Piotroski F-Score of 7 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BMW Ventures and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, BMW Ventures' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, BMW Ventures ranks #56 out of 625 companies in the Steel industry, placing it in the top 9%.
Is BMW Ventures' Piotroski F-Score too high?
BMW Ventures' current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Steel industry median Piotroski F-Score is 5.00. BMW Ventures' value of 7 is 40% above this industry median. Based on the distribution chart, BMW Ventures ranks #56 out of 625 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, BMW Ventures has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BMW Ventures' Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, BMW Ventures ranks #56 out of 625 companies for Piotroski F-Score. This places BMW Ventures in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. BMW Ventures' value of 7 is 40% above this benchmark. Historically, BMW Ventures' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, BMW Ventures 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 625 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. BMW Ventures'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 BMW Ventures and its competitors. For the Steel 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. BMW Ventures's current Piotroski F-Score is 7, which is 40% above 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 BMW Ventures stock overvalued right now?
BMW Ventures (BOM:544543) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Steel industry median of 5.00. BMW Ventures' overall GF Score™ is 36/100 with 4 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 BMW Ventures (BOM:544543), the current Piotroski F-Score is 7 as of Aug. 23, 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.

BMW Ventures Business Description

Other Exchanges BMWVENTLTD:India
Address East Gandhi Maidan, 1 st Floor, Mona Cinema Complex, Patna, BR, IND, 800004
BMW Ventures Ltd is engaged in trading/distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders. Its products include TMT Bars, Wire - Galvanized wires and Structura - Rectangular, Square and Circular Steel Hollow Sections. Flat steel product portfolio comprises of GC Sheet -Galvanized Corrugated Sheets, GP Sheet - Galvanized Sheets, HR Sheet - Hot Rolled Sheets & Coils, GC Sheet - Colour Coated, CR Sheet - Cold rolled Sheets & Coil, Others steel product includes Agrico -Hoes, shovels, sickles, crowbars, pickaxes and hammers and Door - Residential & Commercial doors and windows.
36GF 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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