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Bhavik EnterprisesBOM:544551 19 Piotroski F-Score is 7 as of Aug. 12, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates BOM:544551 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,560 Chemicals companies, Bhavik Enterprises ranks better than 89.68% 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
Bhavik Enterprises 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 Bhavik Enterprises's Piotroski F-Score or its related term are showing as below:
BOM:544551'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 7
Current: 7
During the past 5 years, the highest Piotroski F-Score of Bhavik Enterprises was 7. The lowest was 4. And the median was 4.
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.
Bhavik Enterprises Piotroski F-Score Related Terms
Bhavik Enterprises Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Bhavik Enterprises'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.
Bhavik Enterprises Piotroski F-Score Chart
Bhavik Enterprises Annual Data
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Mar22
Mar23
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Mar26
Piotroski F-Score
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4.00
4.00
7.00
Bhavik Enterprises Semi-Annual Data
Mar22
Mar23
Mar24
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Mar26
Piotroski F-Score
N/A
N/A
4.00
4.00
7.00
BOM:544551 vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Bhavik Enterprises'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.
Bhavik Enterprises Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Bhavik Enterprises's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bhavik Enterprises'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.
Bhavik Enterprises's current Net Income (TTM) was 136.
==> 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.
Bhavik Enterprises's return on assets of this year was 0.07830481. Bhavik Enterprises's return on assets of last year was 0.04153537.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bhavik Enterprises's gearing of this year was 0. Bhavik Enterprises's gearing of last year was 0.
==> 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
Bhavik Enterprises's current ratio of this year was 3.24487808. Bhavik Enterprises's current ratio of last year was 2.15044941.
==> 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.
Bhavik Enterprises's number of shares in issue this year was 20.367. Bhavik Enterprises's number of shares in issue last year was 20.358.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Bhavik Enterprises's gross margin of this year was 0.03902359. Bhavik Enterprises's gross margin of last year was 0.01567365.
==> 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
Bhavik Enterprises's asset turnover of this year was 3.62793771. Bhavik Enterprises's asset turnover of last year was 3.86213451.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bhavik Enterprises has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Bhavik Enterprises (BOM:544551) has a Piotroski F-Score of 7 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bhavik Enterprises and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Bhavik Enterprises' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Bhavik Enterprises ranks #161 out of 1560 companies in the Chemicals industry, placing it in the top 10.3%.
Is Bhavik Enterprises' Piotroski F-Score too high?
Bhavik Enterprises' current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Bhavik Enterprises' value of 7 is 40% above this industry median. Based on the distribution chart, Bhavik Enterprises ranks #161 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Bhavik Enterprises has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Bhavik Enterprises' Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Bhavik Enterprises ranks #161 out of 1560 companies for Piotroski F-Score. This places Bhavik Enterprises in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bhavik Enterprises' value of 7 is 40% above this benchmark. Historically, Bhavik Enterprises' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Bhavik Enterprises 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,560 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. Bhavik Enterprises'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 Bhavik Enterprises and its competitors. For the Chemicals 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. Bhavik Enterprises's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhavik Enterprises stock overvalued right now?
Bhavik Enterprises (BOM:544551) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Chemicals industry median of 5.00. Bhavik Enterprises' overall GF Score™ is 19/100 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 Bhavik Enterprises (BOM:544551), the current Piotroski F-Score is 7 as of Aug. 12, 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.
Bhavik Enterprises Ltd is engaged in trading polymers, mainly Polyethylene (PE) and Polypropylene (PP), used in industries such as packaging, infrastructure, and agriculture. Its product portfolio under PE includes LLDPE, LDPE, HDPE, and MLLDPE, and under PP includes Homo polymer, Impact Co-polymer, and Random Co-polymer. The Company follows a Stock & Sale business model, importing materials, storing them at warehouses and depots, and selling them to manufacturers of plastic products such as pipes, films, foam, woven sack bags, nonwoven fabric, pails, crates, houseware products, suitcases, and thin wall containers. The Company operates in one reportable segment, Wholesale Trading Business, providing a diverse product range to cater to a diversified clientele base.
19GF Score
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