Lecico EgyptE (CAI:LCSW) Piotroski F-Score: 3 (As of Jul. 21, 2026) — 50% Below Median

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CAI:LCSW Lecico Egypt SAE CAI:LCSW
78 GF Score
Price E£35.00
GF Value E£32.31
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Lecico EgyptE Piotroski F-Score?

Lecico EgyptE CAI:LCSW +8.70% 78 Piotroski F-Score is 3 as of Jul. 21, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates CAI:LCSW with a GF Score™ of 78/100 and a GF Value™ of E£32.31 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,729 Construction companies, Lecico EgyptE ranks worse than 82.13% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Lecico EgyptE has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Lecico EgyptE's Piotroski F-Score or its related term are showing as below:

CAI:LCSW' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of Lecico EgyptE was 8. The lowest was 1. And the median was 6.

Lecico EgyptE  (CAI:LCSW) 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.


Lecico EgyptE Piotroski F-Score Related Terms


Lecico EgyptE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lecico EgyptE'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.

Lecico EgyptE Piotroski F-Score Chart

Lecico EgyptE 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 7.00 6.00 8.00 6.00 3.00

Lecico EgyptE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 4.00 3.00 3.00 3.00

CAI:LCSW vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Lecico EgyptE'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.


Lecico EgyptE Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Lecico EgyptE's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Lecico EgyptE's Piotroski F-Score falls into.


CAI:LCSW
78GF Score
Lecico Egypt SAE CAI:LCSW
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 53.072 + 120.925 + -64.227 + 42.369 = E£152 Mil.
Cash Flow from Operations was -396.535 + 408.078 + 81.508 + -273.086 = E£-180 Mil.
Revenue was 1877.545 + 2174.449 + 2061.116 + 1956.8 = E£8,070 Mil.
Gross Profit was 448.997 + 539.38 + 315.13 + 395.413 = E£1,699 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(8089.608 + 8485.954 + 6125.609 + 8537.034 + 9280.394) / 5 = E£8103.7198 Mil.
Total Assets at the begining of this year (Mar25) was E£8,090 Mil.
Long-Term Debt & Capital Lease Obligation was E£319 Mil.
Total Current Assets was E£5,569 Mil.
Total Current Liabilities was E£4,233 Mil.
Net Income was 150.355 + 228.734 + -16.189 + 92.429 = E£455 Mil.

Revenue was 1545.783 + 1925.485 + 1784.581 + 1690.563 = E£6,946 Mil.
Gross Profit was 456.796 + 542.41 + 389.53 + 440.44 = E£1,829 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6325.732 + 6510.584 + 8135.206 + 7747.378 + 8089.608) / 5 = E£7361.7016 Mil.
Total Assets at the begining of last year (Mar24) was E£6,326 Mil.
Long-Term Debt & Capital Lease Obligation was E£442 Mil.
Total Current Assets was E£4,553 Mil.
Total Current Liabilities was E£3,165 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.

Lecico EgyptE's current Net Income (TTM) was 152. ==> 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.

Lecico EgyptE's current Cash Flow from Operations (TTM) was -180. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=152.139/8089.608
=0.01880672

ROA (Last Year)=Net Income/Total Assets (Mar24)
=455.329/6325.732
=0.07198044

Lecico EgyptE's return on assets of this year was 0.01880672. Lecico EgyptE's return on assets of last year was 0.07198044. ==> 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.

Lecico EgyptE's current Net Income (TTM) was 152. Lecico EgyptE's current Cash Flow from Operations (TTM) was -180. ==> -180 <= 152 ==> CFROA <= ROA ==> Score 0.

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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=319.431/8103.7198
=0.03941782

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=442.232/7361.7016
=0.06007198

Lecico EgyptE's gearing of this year was 0.03941782. Lecico EgyptE's gearing of last year was 0.06007198. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=5568.545/4233.058
=1.31548989

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4553.147/3165.361
=1.43842898

Lecico EgyptE's current ratio of this year was 1.31548989. Lecico EgyptE's current ratio of last year was 1.43842898. ==> 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.

Lecico EgyptE's number of shares in issue this year was 80. Lecico EgyptE's number of shares in issue last year was 80. ==> 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
=1698.92/8069.91
=0.21052527

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1829.176/6946.412
=0.26332674

Lecico EgyptE's gross margin of this year was 0.21052527. Lecico EgyptE's gross margin of last year was 0.26332674. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=8069.91/8089.608
=0.99756502

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6946.412/6325.732
=1.09811987

Lecico EgyptE's asset turnover of this year was 0.99756502. Lecico EgyptE's asset turnover of last year was 1.09811987. ==> 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+0+1+0+0
=3

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

Lecico EgyptE has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Lecico EgyptE (CAI:LCSW) has a Piotroski F-Score of 3 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lecico EgyptE and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Lecico EgyptE's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Lecico EgyptE ranks #1420 out of 1729 companies in the Construction industry, placing it in the top 82.1%.
Is Lecico EgyptE's Piotroski F-Score too high?
Lecico EgyptE's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Lecico EgyptE's value of 3 is 40% below this industry median. Based on the distribution chart, Lecico EgyptE ranks #1420 out of 1729 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lecico EgyptE has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lecico EgyptE's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Lecico EgyptE ranks #1420 out of 1729 companies for Piotroski F-Score. This places Lecico EgyptE in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Lecico EgyptE's value of 3 is 40% below this benchmark. Historically, Lecico EgyptE's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lecico EgyptE 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Lecico EgyptE's current Piotroski F-Score of 3 is 40% 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 Lecico EgyptE and its competitors. For the Construction 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. Lecico EgyptE's current Piotroski F-Score is 3, which is 50% below 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 Lecico EgyptE stock overvalued right now?
Based on GuruFocus' analysis, Lecico EgyptE (CAI:LCSW) is currently considered Fairly Valued. The stock's GF Value™ is E£32.31, compared to a current price of E£35.00 — trading 8.3% above its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Construction industry median of 5.00. Lecico EgyptE's overall GF Score™ is 78/100 with 8 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 Lecico EgyptE (CAI:LCSW), the current Piotroski F-Score is 3 as of Jul. 21, 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 Lecico EgyptE (CAI:LCSW) Overvalued in 2026?

Based on GuruFocus' analysis, Lecico EgyptE stock appears to be overvalued. The current stock price of E£35.00 is trading 8.3% above its estimated GF Value™ of E£32.31. GuruFocus considers Lecico EgyptE to be Fairly Valued.

Key valuation signals for CAI:LCSW:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: E£32.31 vs. price of E£35.00 (8.3% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 40% below the Construction median (#1420 of 1729)

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


Lecico EgyptE Business Description

Address PO Box 358, Alexandria, EGY
Lecico Egypt SAE is engaged in the production of sanitary ware, tiles, and Brassware. Its products include suites, toilets, washbasins, bidets, and urinals. The company manufactures a range of internationally certified sanitary ware products sold both under the Lecico brand and for other manufacturers and customers under their brands. It also produces a wide range of ceramic wall and floor tiles that are sold principally in Egypt and Lebanon and also exports its products to regions like the Middle East, Europe, Germany, and others. The reportable segments of the company are; Sanitary ware which derives key revenue, the Tile segment, and the Brassware segment. Geographically, it operates in Egypt, Lebanon and Others.
78GF Score

Get the complete analysis for CAI:LCSW

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

E£35.00
Price
E£32.31
GF Value