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Accord Transformer & SwitchgearBOM:544710 +8.25%18 Piotroski F-Score is 7 as of Jul. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates BOM:544710 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,971 Industrial Products companies, Accord Transformer & Switchgear ranks better than 90.71% 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
Accord Transformer & Switchgear 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 Accord Transformer & Switchgear's Piotroski F-Score or its related term are showing as below:
BOM:544710'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 7
Current: 7
During the past 4 years, the highest Piotroski F-Score of Accord Transformer & Switchgear was 7. The lowest was 5. 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.
Accord Transformer & Switchgear Piotroski F-Score Related Terms
Accord Transformer & Switchgear Piotroski F-Score Historical Data
* 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:544710 vs VRT, BE: Piotroski F-Score Comparison
For the Electrical Equipment & Parts subindustry, Accord Transformer & Switchgear'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.
Accord Transformer & Switchgear Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Accord Transformer & Switchgear's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Accord Transformer & Switchgear'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.
Accord Transformer & Switchgear's current Net Income (TTM) was 45.0.
==> 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.
Accord Transformer & Switchgear's current Cash Flow from Operations (TTM) was 87.0.
==> 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.
Accord Transformer & Switchgear's return on assets of this year was 0.07520917. Accord Transformer & Switchgear's return on assets of last year was 0.22463218.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Accord Transformer & Switchgear's gearing of this year was 0.00657907. Accord Transformer & Switchgear's gearing of last year was 0.01837174.
==> 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
Accord Transformer & Switchgear's current ratio of this year was 2.22698314. Accord Transformer & Switchgear's current ratio of last year was 1.41341075.
==> 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.
Accord Transformer & Switchgear's number of shares in issue this year was 15.532. Accord Transformer & Switchgear's number of shares in issue last year was 20.573.
==> 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.
Accord Transformer & Switchgear's gross margin of this year was 0.2407991. Accord Transformer & Switchgear's gross margin of last year was 0.20589073.
==> 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
Accord Transformer & Switchgear's asset turnover of this year was 1.16995908. Accord Transformer & Switchgear's asset turnover of last year was 2.9865229.
==> 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
Accord Transformer & Switchgear has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Accord Transformer & Switchgear (BOM:544710) has a Piotroski F-Score of 7 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Accord Transformer & Switchgear and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Accord Transformer & Switchgear's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Accord Transformer & Switchgear ranks #276 out of 2971 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Accord Transformer & Switchgear's Piotroski F-Score too high?
Accord Transformer & Switchgear's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Accord Transformer & Switchgear's value of 7 is 40% above this industry median. Based on the distribution chart, Accord Transformer & Switchgear ranks #276 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Accord Transformer & Switchgear has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accord Transformer & Switchgear's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Accord Transformer & Switchgear ranks #276 out of 2971 companies for Piotroski F-Score. This places Accord Transformer & Switchgear in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Accord Transformer & Switchgear's value of 7 is 40% above this benchmark. Historically, Accord Transformer & Switchgear's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Accord Transformer & Switchgear 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 2,971 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. Accord Transformer & Switchgear'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 Accord Transformer & Switchgear 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. Accord Transformer & Switchgear's current Piotroski F-Score is 7, which is 17% above 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 Accord Transformer & Switchgear stock overvalued right now?
Accord Transformer & Switchgear (BOM:544710) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Industrial Products industry median of 5.00. Accord Transformer & Switchgear's overall GF Score™ is 18/100 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 Accord Transformer & Switchgear (BOM:544710), the current Piotroski F-Score is 7 as of Jul. 29, 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.
Accord Transformer & Switchgear Business Description
Accord Transformer & Switchgear Ltd is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers and related equipment. It serves various industries, including the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks. Its offerings include distribution transformers, Power transformers, Dry-type transformers, Package substations, Special-purpose transformers, Low-voltage (LV) control panels, Vacuum Circuit Breaker (VCB) panels, Busducts, cable trays, and associated switchgear assemblies. The segments of the company are Manufacturing Division, which derives maximum revenue; & Service Activity division.
18GF Score
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