Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NSB BPO SolutionsBOM:544571 16 Piotroski F-Score is 4 as of Jul. 25, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates BOM:544571 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,064 Business Services companies, NSB BPO Solutions ranks worse than 69.74% 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
NSB BPO Solutions has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for NSB BPO Solutions's Piotroski F-Score or its related term are showing as below:
BOM:544571'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 4
During the past 5 years, the highest Piotroski F-Score of NSB BPO Solutions was 8. The lowest was 4. And the median was 7.
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.
NSB BPO Solutions Piotroski F-Score Related Terms
NSB BPO Solutions Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for NSB BPO Solutions'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:544571 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison
For the Specialty Business Services subindustry, NSB BPO Solutions'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.
NSB BPO Solutions Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, NSB BPO Solutions's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where NSB BPO Solutions'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.
NSB BPO Solutions's current Net Income (TTM) was 128.
==> 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.
NSB BPO Solutions's return on assets of this year was 0.07309099. NSB BPO Solutions's return on assets of last year was 0.07471561.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
NSB BPO Solutions's gearing of this year was 0.00888952. NSB BPO Solutions's gearing of last year was 0.02733257.
==> 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
NSB BPO Solutions's current ratio of this year was 7.60611229. NSB BPO Solutions's current ratio of last year was 2.5193454.
==> 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.
NSB BPO Solutions's number of shares in issue this year was 19.973. NSB BPO Solutions's number of shares in issue last year was 19.973.
==> 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.
NSB BPO Solutions's gross margin of this year was 0.27637411. NSB BPO Solutions's gross margin of last year was 0.32986074.
==> 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
NSB BPO Solutions's asset turnover of this year was 0.91460078. NSB BPO Solutions's asset turnover of last year was 0.93417846.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
0
+
0
+
0
+
1
+
1
+
1
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
NSB BPO Solutions has an F-score of 4 indicating the company's financial situation is typical for a stable company.
NSB BPO Solutions (BOM:544571) has a Piotroski F-Score of 4 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NSB BPO Solutions and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, NSB BPO Solutions' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, NSB BPO Solutions ranks #742 out of 1064 companies in the Business Services industry, placing it in the top 69.7%.
Is NSB BPO Solutions' Piotroski F-Score too high?
NSB BPO Solutions' current Piotroski F-Score of 4 is 43% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. NSB BPO Solutions' value of 4 is 20% below this industry median. Based on the distribution chart, NSB BPO Solutions ranks #742 out of 1064 companies in the Business Services industry, which is below the industry midpoint. Overall, NSB BPO Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does NSB BPO Solutions' Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, NSB BPO Solutions ranks #742 out of 1064 companies for Piotroski F-Score. This places NSB BPO Solutions in the lower half of its industry. The industry median Piotroski F-Score is 5.00. NSB BPO Solutions' value of 4 is 20% below this benchmark. Historically, NSB BPO Solutions' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, NSB BPO Solutions has consistently been below 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. NSB BPO Solutions's current Piotroski F-Score of 4 is 20% below 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 NSB BPO Solutions and its competitors. For the Business Services 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. NSB BPO Solutions's current Piotroski F-Score is 4, which is 43% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSB BPO Solutions stock overvalued right now?
NSB BPO Solutions (BOM:544571) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Business Services industry median of 5.00. NSB BPO Solutions' overall GF Score™ is 16/100 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 NSB BPO Solutions (BOM:544571), the current Piotroski F-Score is 4 as of Jul. 25, 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.
NSB BPO Solutions Ltd is engaged in the business of providing Business Process Outsourcing (BPO) services specializing in the area of support services solutions. It provides wide ranges of support services such as Customer Care and Customer help line Call Centre for clients, Tele-sales, Tele collections, Digitization of documents, Processing of application and KYC forms, warehousing and archival, Payroll management, etc. The company provide services to Start ups to mid-size and large corporates in various industries namely Telecom. BFSI, E Retail, Insurance, Food Delivery, Hotels, State and Central Government Organisations, HealthCare, Education, etc.
16GF Score
Get the complete analysis for BOM:544571
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544571 has been successfully added to your 
