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Vedanta Iron and SteelBOM:544784 +0.67%2 Piotroski F-Score is 4 as of Aug. 13, 2026, which is at its 10-year median of 4.00. GuruFocus rates BOM:544784 with a GF Score™ of 2/100. The stock has 7 warning signs investors should review. Among 623 Steel companies, Vedanta Iron and Steel ranks worse than 63.4% 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
Vedanta Iron and Steel 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 Vedanta Iron and Steel's Piotroski F-Score or its related term are showing as below:
BOM:544784'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 4
Current: 4
During the past 3 years, the highest Piotroski F-Score of Vedanta Iron and Steel was 4. The lowest was 4. And the median was 4.
Vedanta Iron and Steel (BOM:544784) 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.
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.
Vedanta Iron and Steel Piotroski F-Score Related Terms
Vedanta Iron and Steel Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Vedanta Iron and Steel'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.
Vedanta Iron and Steel Piotroski F-Score Chart
Vedanta Iron and Steel Annual Data
Trend
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
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4.00
Vedanta Iron and Steel Semi-Annual Data
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
N/A
4.00
BOM:544784 vs NUE, STLD, RS: Piotroski F-Score Comparison
For the Steel subindustry, Vedanta Iron and Steel'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.
Vedanta Iron and Steel Piotroski F-Score vs Steel Industry
For the Steel industry and Basic Materials sector, Vedanta Iron and Steel's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Vedanta Iron and Steel'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.
Vedanta Iron and Steel's current Net Income (TTM) was -29,050.
==> Negative ==> Score 0.
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.
Vedanta Iron and Steel's return on assets of this year was -0.1481387. Vedanta Iron and Steel's return on assets of last year was -72966.10169492.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Vedanta Iron and Steel's gearing of this year was 0.13921138. Vedanta Iron and Steel's gearing of last year was 0.44232508.
==> 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
Vedanta Iron and Steel's current ratio of this year was 0.26680128. Vedanta Iron and Steel's current ratio of last year was 0.33692256.
==> Last year's current ratio is higher ==> Score 0.
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.
Vedanta Iron and Steel's number of shares in issue this year was 3910.388. Vedanta Iron and Steel's number of shares in issue last year was 3910.388.
==> 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.
Vedanta Iron and Steel's gross margin of this year was 0.47387752. Vedanta Iron and Steel's gross margin of last year was 0.49136108.
==> 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
Vedanta Iron and Steel's asset turnover of this year was 0.68031617. Vedanta Iron and Steel's asset turnover of last year was 1162457.6271186.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Vedanta Iron and Steel has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Vedanta Iron and Steel (BOM:544784) has a Piotroski F-Score of 4 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vedanta Iron and Steel and its competitors. This is near median its historical median of 4.00. Over the past decade, Vedanta Iron and Steel's Piotroski F-Score has ranged from 4.00 to 4.00. According to the industry distribution chart, Vedanta Iron and Steel ranks #395 out of 623 companies in the Steel industry, placing it in the top 63.4%.
Is Vedanta Iron and Steel's Piotroski F-Score too high?
Vedanta Iron and Steel's current Piotroski F-Score of 4 is near 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 4.00. The Steel industry median Piotroski F-Score is 5.00. Vedanta Iron and Steel's value of 4 is 20% below this industry median. Based on the distribution chart, Vedanta Iron and Steel ranks #395 out of 623 companies in the Steel industry, which is below the industry midpoint. Overall, Vedanta Iron and Steel has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta Iron and Steel's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Vedanta Iron and Steel ranks #395 out of 623 companies for Piotroski F-Score. This places Vedanta Iron and Steel in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Vedanta Iron and Steel's value of 4 is 20% below this benchmark. Historically, Vedanta Iron and Steel's own Piotroski F-Score has ranged from 4.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Vedanta Iron and Steel 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 623 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. Vedanta Iron and Steel'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 Vedanta Iron and Steel 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. Vedanta Iron and Steel's current Piotroski F-Score is 4, which is near 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 Vedanta Iron and Steel stock overvalued right now?
Vedanta Iron and Steel (BOM:544784) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Steel industry median of 5.00. Vedanta Iron and Steel's overall GF Score™ is 2/100 with 7 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 Vedanta Iron and Steel (BOM:544784), the current Piotroski F-Score is 4 as of Aug. 13, 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.
Vedanta Iron and Steel Ltd is a ferrous-resource company supplying the materials that underpin modern economies. Its products are Iron Ore, Met Coke, Pig Iron, and Steel & VAP. Along with its subsidiary, it engaged in supplying essential materials that power infrastructure, manufacturing, and nation-building across geographies. Its operations span India and Africa. The group focuses on iron ore exploration, mining, and processing in India and West Africa, alongside the production of high-quality steel, wire rods, TMT bars, pig iron, Ductile Iron (DI) Pipes, Ferro-silicon, cement, and metallurgical coke.
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