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Babcock & Wilcox EnterprisesBW -1.58%45 Piotroski F-Score is 5 as of Aug. 01, 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates BW with a GF Score™ of 45/100 and a GF Value™ of $2.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,960 Industrial Products companies, Babcock & Wilcox Enterprises ranks better than 56.28% 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
Babcock & Wilcox Enterprises has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Babcock & Wilcox Enterprises's Piotroski F-Score or its related term are showing as below:
BW'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Babcock & Wilcox Enterprises was 6. The lowest was 1. And the median was 3.
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.
Babcock & Wilcox Enterprises Piotroski F-Score Related Terms
Babcock & Wilcox Enterprises 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.
BW vs AMSC, TNC, GHM: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, Babcock & Wilcox 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.
Babcock & Wilcox Enterprises Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Babcock & Wilcox 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.
Babcock & Wilcox Enterprises's current Net Income (TTM) was -91.1.
==> 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.
Score 1 if positive, 0 if negative.
Babcock & Wilcox Enterprises's current Cash Flow from Operations (TTM) was -42.6.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Babcock & Wilcox Enterprises's return on assets of this year was -0.12657406. Babcock & Wilcox Enterprises's return on assets of last year was -0.08182039.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Babcock & Wilcox Enterprises's gearing of this year was 0.3520519. Babcock & Wilcox Enterprises's gearing of last year was 0.3832555.
==> 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
Babcock & Wilcox Enterprises's current ratio of this year was 0.99343402. Babcock & Wilcox Enterprises's current ratio of last year was 0.94457116.
==> 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.
Babcock & Wilcox Enterprises's number of shares in issue this year was 133.754. Babcock & Wilcox Enterprises's number of shares in issue last year was 97.93.
==> 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.
Babcock & Wilcox Enterprises's gross margin of this year was 0.24252805. Babcock & Wilcox Enterprises's gross margin of last year was 0.21116137.
==> 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
Babcock & Wilcox Enterprises's asset turnover of this year was 0.89797461. Babcock & Wilcox Enterprises's asset turnover of last year was 0.74009551.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Babcock & Wilcox Enterprises has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Babcock & Wilcox Enterprises (BW) has a Piotroski F-Score of 5 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Babcock & Wilcox Enterprises and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Babcock & Wilcox Enterprises' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Babcock & Wilcox Enterprises ranks #1294 out of 2960 companies in the Industrial Products industry, placing it in the top 43.7%.
Is Babcock & Wilcox Enterprises' Piotroski F-Score too high?
Babcock & Wilcox Enterprises' current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. Babcock & Wilcox Enterprises' value of 5 is 0% at this industry median. Based on the distribution chart, Babcock & Wilcox Enterprises ranks #1294 out of 2960 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Babcock & Wilcox Enterprises has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Babcock & Wilcox Enterprises' Piotroski F-Score compare to AMSC and TNC?
According to the Industrial Products industry distribution chart, Babcock & Wilcox Enterprises ranks #1294 out of 2960 companies for Piotroski F-Score. This puts Babcock & Wilcox Enterprises in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Babcock & Wilcox Enterprises' value of 5 is 0% at this benchmark. Historically, Babcock & Wilcox Enterprises' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Babcock & Wilcox Enterprises has consistently been at 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 2,960 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. Babcock & Wilcox Enterprises's current Piotroski F-Score of 5 is 0% at 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 Babcock & Wilcox Enterprises 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. Babcock & Wilcox Enterprises's current Piotroski F-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Babcock & Wilcox Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Babcock & Wilcox Enterprises (BW) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.23, compared to a current price of $9.32 — trading 317.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Industrial Products industry median of 5.00. Babcock & Wilcox Enterprises' overall GF Score™ is 45/100 with 6 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 Babcock & Wilcox Enterprises (BW), the current Piotroski F-Score is 5 as of Aug. 01, 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 Babcock & Wilcox Enterprises (BW) Overvalued in 2026?
Based on GuruFocus' analysis, Babcock & Wilcox Enterprises stock appears to be overvalued.
The current stock price of $9.32 is trading 317.9% above its estimated GF Value™ of $2.23.
GuruFocus considers Babcock & Wilcox Enterprises to be Significantly Overvalued.
Key valuation signals for BW:
Piotroski F-Score: 5 (67% above median its 10-year median of 3.00)
GF Value™: $2.23 vs. price of $9.32 (317.9% above fair value)
Industry Position: 0% at the Industrial Products median (#1294 of 2960)
No single metric tells the full story. See the BW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Babcock & Wilcox Enterprises Inc is an energy technologies provider offering energy and emissions control solutions to a broad range of industrial, electrical utility, municipal, and other customers. It offers technologies that utilize coal, natural gas, hydrogen, waste, and biomass to produce energy, environmental solutions, and carbon capture systems. The company's product portfolio comprises steam generation systems, environmental solutions, combustion and fuel systems, and related equipment and services. Additionally, it offers specialized technologies (BrightLoop) in industrial energy production, including hydrogen and syngas. Geographically, the company generates maximum revenue from the United States, and the rest from Canada, the UK, Indonesia, the Philippines, and other markets.
45GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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