BUGDF (Bumrungrad Hospital PCL) Piotroski F-Score: 7 (As of Jun. 24, 2026) — Near Median


BUGDF Bumrungrad Hospital PCL BUGDF
100 GF Score
Price $4.75
GF Value $5.86
! 1 Warning Sign
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What is Bumrungrad Hospital PCL Piotroski F-Score?

Bumrungrad Hospital PCL BUGDF 100 Piotroski F-Score is 7 as of Jun. 24, 2026, which is at its 10-year median of 7.00. GuruFocus rates BUGDF with a GF Score™ of 100/100 and a GF Value™ of $5.86. The stock has 1 warning sign investors should review. Among 651 Healthcare Providers & Services companies, Bumrungrad Hospital PCL ranks better than 88.63% 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

Bumrungrad Hospital PCL 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 Bumrungrad Hospital PCL's Piotroski F-Score or its related term are showing as below:

BUGDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Bumrungrad Hospital PCL was 9. The lowest was 5. And the median was 7.

Bumrungrad Hospital PCL  (OTCPK:BUGDF) 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.


Bumrungrad Hospital PCL Piotroski F-Score Related Terms


Bumrungrad Hospital PCL Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bumrungrad Hospital PCL'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.

Bumrungrad Hospital PCL Piotroski F-Score Chart

Bumrungrad Hospital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 8.00 8.00 6.00 7.00

Bumrungrad Hospital PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 7.00 7.00 7.00 7.00

BUGDF vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, Bumrungrad Hospital PCL'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.


Bumrungrad Hospital PCL Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bumrungrad Hospital PCL's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Bumrungrad Hospital PCL's Piotroski F-Score falls into.


BUGDF
100GF Score
Bumrungrad Hospital PCL BUGDF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 51.335 + 57.011 + 63.663 + 59.71 = $231.7 Mil.
Cash Flow from Operations was 62.88 + 50.399 + 74.787 + 66.407 = $254.5 Mil.
Revenue was 181.821 + 184.881 + 203.746 + 207.044 = $777.5 Mil.
Gross Profit was 91.817 + 96.993 + 107.996 + 106.12 = $402.9 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(956.353 + 1016.427 + 1036.072 + 1064.813 + 1154.664) / 5 = $1045.6658 Mil.
Total Assets at the begining of this year (Dec24) was $956.4 Mil.
Long-Term Debt & Capital Lease Obligation was $2.7 Mil.
Total Current Assets was $594.8 Mil.
Total Current Liabilities was $129.4 Mil.
Net Income was 55.21 + 52.624 + 58.794 + 55.735 = $222.4 Mil.

Revenue was 181.822 + 171.69 + 192.614 + 189.588 = $735.7 Mil.
Gross Profit was 94.311 + 89.741 + 99.709 + 94.131 = $377.9 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(835.085 + 867.755 + 828.556 + 910.036 + 956.353) / 5 = $879.557 Mil.
Total Assets at the begining of last year (Dec23) was $835.1 Mil.
Long-Term Debt & Capital Lease Obligation was $3.0 Mil.
Total Current Assets was $487.5 Mil.
Total Current Liabilities was $112.1 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.

Bumrungrad Hospital PCL's current Net Income (TTM) was 231.7. ==> 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.

Bumrungrad Hospital PCL's current Cash Flow from Operations (TTM) was 254.5. ==> 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 (Dec24)
=231.719/956.353
=0.24229442

ROA (Last Year)=Net Income/Total Assets (Dec23)
=222.363/835.085
=0.26627589

Bumrungrad Hospital PCL's return on assets of this year was 0.24229442. Bumrungrad Hospital PCL's return on assets of last year was 0.26627589. ==> Last year is higher ==> Score 0.

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.

Bumrungrad Hospital PCL's current Net Income (TTM) was 231.7. Bumrungrad Hospital PCL's current Cash Flow from Operations (TTM) was 254.5. ==> 254.5 > 231.7 ==> CFROA > ROA ==> Score 1.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=2.653/1045.6658
=0.00253714

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2.998/879.557
=0.00340853

Bumrungrad Hospital PCL's gearing of this year was 0.00253714. Bumrungrad Hospital PCL's gearing of last year was 0.00340853. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=594.818/129.387
=4.59720065

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=487.497/112.078
=4.34962258

Bumrungrad Hospital PCL's current ratio of this year was 4.59720065. Bumrungrad Hospital PCL's current ratio of last year was 4.34962258. ==> 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.

Bumrungrad Hospital PCL's number of shares in issue this year was 867.415. Bumrungrad Hospital PCL's number of shares in issue last year was 867.415. ==> 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
=402.926/777.492
=0.51823813

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=377.892/735.714
=0.51363981

Bumrungrad Hospital PCL's gross margin of this year was 0.51823813. Bumrungrad Hospital PCL's gross margin of last year was 0.51363981. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=777.492/956.353
=0.81297596

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=735.714/835.085
=0.88100493

Bumrungrad Hospital PCL's asset turnover of this year was 0.81297596. Bumrungrad Hospital PCL's asset turnover of last year was 0.88100493. ==> 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+1+0+1+1+1+1+1+0
=7

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

Bumrungrad Hospital PCL 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?
Bumrungrad Hospital PCL (BUGDF) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bumrungrad Hospital PCL and its competitors. This is near median its historical median of 7.00. Over the past decade, Bumrungrad Hospital PCL's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Bumrungrad Hospital PCL ranks #74 out of 651 companies in the Healthcare Providers & Services industry, placing it in the top 11.4%.
Is Bumrungrad Hospital PCL's Piotroski F-Score too high?
Bumrungrad Hospital PCL's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Bumrungrad Hospital PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Bumrungrad Hospital PCL ranks #74 out of 651 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bumrungrad Hospital PCL has a GF Score™ of 100/100, reflecting its overall financial health beyond just this single metric.
How does Bumrungrad Hospital PCL's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Bumrungrad Hospital PCL ranks #74 out of 651 companies for Piotroski F-Score. This places Bumrungrad Hospital PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bumrungrad Hospital PCL's value of 7 is 40% above this benchmark. Historically, Bumrungrad Hospital PCL's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Bumrungrad Hospital PCL 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 651 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. Bumrungrad Hospital PCL'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 Bumrungrad Hospital PCL and its competitors. For the Healthcare Providers & 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. Bumrungrad Hospital PCL's current Piotroski F-Score is 7, which is near 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 Bumrungrad Hospital PCL stock overvalued right now?
Bumrungrad Hospital PCL (BUGDF) has a current Piotroski F-Score of 7. The stock's GF Value™ is $5.86, compared to a current price of $4.75 — trading 18.9% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Healthcare Providers & Services industry median of 5.00. Bumrungrad Hospital PCL's overall GF Score™ is 100/100 with 1 warning sign 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 Bumrungrad Hospital PCL (BUGDF), the current Piotroski F-Score is 7 as of Jun. 24, 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.

Is Bumrungrad Hospital PCL (BUGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Bumrungrad Hospital PCL stock appears to be undervalued. The current stock price of $4.75 is trading 18.9% below its estimated GF Value™ of $5.86.

Key valuation signals for BUGDF:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: $5.86 vs. price of $4.75 (18.9% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 40% above the Healthcare Providers & Services median (#74 of 651)

No single metric tells the full story. See the BUGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bumrungrad Hospital PCL Business Description

Other Exchanges BH:ThailandBZ7A:Germany
Address 33 Soi 3 (Nana Nua) Sukhumvit Road, Klongtoey Nua Sub District, Wattana District, Bangkok, THA, 10110
Bumrungrad Hospital PCL operates a private hospital business in Bangkok. The company operates several healthcare-related entities, within and outside of Thailand which include Bumrungrad International Hospital, Bumrungrad International Clinic, Vitallife Scientific Wellness Center, VitalLife Skin Clinic, Bumrungrad International Dialysis Clinic, and others. It is a healthcare provider in Thailand providing complete healthcare services for both outpatients and inpatients. The company is the owner and operator of multiple healthcare-related entities. The company has only one main reportable operating segment, which is the hospital and health care center business, and the geographical area of its operations is Thailand.
100GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.75
Price
$5.86
GF Value