Baguio Green Group (HKSE:01397) Piotroski F-Score: 8 (As of Jul. 05, 2026) — 14% Above Median


HKSE:01397 Baguio Green Group Ltd HKSE:01397
51 GF Score
Price HK$0.91
GF Value HK$0.79
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Baguio Green Group Piotroski F-Score?

Baguio Green Group HKSE:01397 51 Piotroski F-Score is 8 as of Jul. 05, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HKSE:01397 with a GF Score™ of 51/100 and a GF Value™ of HK$0.79 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 238 Waste Management companies, Baguio Green Group ranks better than 98.74% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Baguio Green Group has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

HKSE:01397' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Baguio Green Group was 8. The lowest was 3. And the median was 7.

Baguio Green Group  (HKSE:01397) 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.


Baguio Green Group Piotroski F-Score Related Terms


Baguio Green Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Baguio Green Group'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.

Baguio Green Group Piotroski F-Score Chart

Baguio Green Group 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 7.00 7.00 7.00 8.00

Baguio Green Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 7.00 0.00 7.00 0.00 8.00

HKSE:01397 vs WM, RSG, WCN: Piotroski F-Score Comparison

For the Waste Management subindustry, Baguio Green Group'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.


Baguio Green Group Piotroski F-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Baguio Green Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Baguio Green Group's Piotroski F-Score falls into.


HKSE:01397
51GF Score
Baguio Green Group Ltd HKSE:01397
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was HK$97 Mil.
Cash Flow from Operations was HK$199 Mil.
Revenue was HK$2,425 Mil.
Gross Profit was HK$231 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1011.554 + 999.432) / 2 = HK$1005.493 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,012 Mil.
Long-Term Debt & Capital Lease Obligation was HK$24 Mil.
Total Current Assets was HK$741 Mil.
Total Current Liabilities was HK$457 Mil.
Net Income was HK$54 Mil.

Revenue was HK$2,603 Mil.
Gross Profit was HK$188 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1011.393 + 1011.554) / 2 = HK$1011.4735 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,011 Mil.
Long-Term Debt & Capital Lease Obligation was HK$26 Mil.
Total Current Assets was HK$726 Mil.
Total Current Liabilities was HK$543 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.

Baguio Green Group's current Net Income (TTM) was 97. ==> 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.

Baguio Green Group's current Cash Flow from Operations (TTM) was 199. ==> 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)
=97.279/1011.554
=0.09616788

ROA (Last Year)=Net Income/Total Assets (Dec23)
=53.856/1011.393
=0.05324933

Baguio Green Group's return on assets of this year was 0.09616788. Baguio Green Group's return on assets of last year was 0.05324933. ==> This year is higher. ==> Score 1.

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.

Baguio Green Group's current Net Income (TTM) was 97. Baguio Green Group's current Cash Flow from Operations (TTM) was 199. ==> 199 > 97 ==> 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
=24.32/1005.493
=0.02418714

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=26.138/1011.4735
=0.02584151

Baguio Green Group's gearing of this year was 0.02418714. Baguio Green Group's gearing of last year was 0.02584151. ==> 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
=740.58/457.217
=1.61975605

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=725.541/543.044
=1.33606301

Baguio Green Group's current ratio of this year was 1.61975605. Baguio Green Group's current ratio of last year was 1.33606301. ==> 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.

Baguio Green Group's number of shares in issue this year was 415. Baguio Green Group's number of shares in issue last year was 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
=230.595/2424.634
=0.09510508

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=188.365/2603.087
=0.07236216

Baguio Green Group's gross margin of this year was 0.09510508. Baguio Green Group's gross margin of last year was 0.07236216. ==> 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)
=2424.634/1011.554
=2.39693976

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2603.087/1011.393
=2.57376411

Baguio Green Group's asset turnover of this year was 2.39693976. Baguio Green Group's asset turnover of last year was 2.57376411. ==> 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+1+1+1+1+1+1+0
=8

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

Baguio Green Group has an F-score of 8. 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 8 mean?
Baguio Green Group (HKSE:01397) has a Piotroski F-Score of 8 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Baguio Green Group and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Baguio Green Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Baguio Green Group ranks #3 out of 238 companies in the Waste Management industry, placing it in the top 1.3%.
Is Baguio Green Group's Piotroski F-Score too high?
Baguio Green Group's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Waste Management industry median Piotroski F-Score is 5.00. Baguio Green Group's value of 8 is 60% above this industry median. Based on the distribution chart, Baguio Green Group ranks #3 out of 238 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baguio Green Group has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baguio Green Group's Piotroski F-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Baguio Green Group ranks #3 out of 238 companies for Piotroski F-Score. This places Baguio Green Group in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Baguio Green Group's value of 8 is 60% above this benchmark. Historically, Baguio Green Group's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Baguio Green Group 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 Waste Management company?
The median Piotroski F-Score among Waste Management companies is 5.00, based on 238 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. Baguio Green Group's current Piotroski F-Score of 8 is 60% 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 Baguio Green Group and its competitors. For the Waste Management 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. Baguio Green Group's current Piotroski F-Score is 8, which is 14% above 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 Baguio Green Group stock overvalued right now?
Based on GuruFocus' analysis, Baguio Green Group (HKSE:01397) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.79, compared to a current price of HK$0.91 — trading 15.2% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Waste Management industry median of 5.00. Baguio Green Group's overall GF Score™ is 51/100 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 Baguio Green Group (HKSE:01397), the current Piotroski F-Score is 8 as of Jul. 05, 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 Baguio Green Group (HKSE:01397) Overvalued in 2026?

Based on GuruFocus' analysis, Baguio Green Group stock appears to be overvalued. The current stock price of HK$0.91 is trading 15.2% above its estimated GF Value™ of HK$0.79. GuruFocus considers Baguio Green Group to be Modestly Overvalued.

Key valuation signals for HKSE:01397:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: HK$0.79 vs. price of HK$0.91 (15.2% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 60% above the Waste Management median (#3 of 238)

No single metric tells the full story. See the HKSE:01397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baguio Green Group Business Description

Address No. 93 King Lam Street, Unit A, 4th Floor, Dragon Industrial Building, Kowloon, Lai Chi Kok, Hong Kong, HKG
Baguio Green Group Ltd is an investment holding company. The company is engaged in the provision of environmental and related services and goods, offering a full range of environmental solutions covering sanitation and cleaning, resource recycling, waste management and collection, green technology, green products, landscaping, pest control, and ESG. Its businesses include Integrated Environmental Services, Resource Recycling and Remanufacturing, Green Technology, Green Products, and ESG. The Group has four reportable segments: Cleaning services business, which generates maximum revenue; Waste management and recycling business; Landscaping services business; and Pest management business. The Group operates in Hong Kong and Southeast Asia, with Hong Kong generating overall revenue.
51GF Score

Get the complete analysis for HKSE:01397

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

HK$0.91
Price
HK$0.79
GF Value