BHCC Holding (HKSE:01552) Piotroski F-Score: 6 (As of Aug. 01, 2026) — 20% Above Median

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HKSE:01552 BHCC Holding Ltd HKSE:01552
61 GF Score
Price HK$0.26
GF Value HK$0.11
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is BHCC Holding Piotroski F-Score?

BHCC Holding HKSE:01552 61 Piotroski F-Score is 6 as of Aug. 01, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates HKSE:01552 with a GF Score™ of 61/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,727 Construction companies, BHCC Holding ranks better than 74% 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

BHCC Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

HKSE:01552' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 12 years, the highest Piotroski F-Score of BHCC Holding was 8. The lowest was 2. And the median was 5.

BHCC Holding  (HKSE:01552) 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.


BHCC Holding Piotroski F-Score Related Terms


BHCC Holding Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BHCC Holding'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.

BHCC Holding Piotroski F-Score Chart

BHCC Holding 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 6.00 4.00 8.00 5.00 6.00

BHCC Holding 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 8.00 0.00 5.00 0.00 6.00

HKSE:01552 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, BHCC Holding'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.


BHCC Holding Piotroski F-Score vs Construction Industry

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

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


HKSE:01552
61GF Score
BHCC Holding Ltd HKSE:01552
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$52 Mil.
Cash Flow from Operations was HK$133 Mil.
Revenue was HK$1,220 Mil.
Gross Profit was HK$92 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1213.512 + 1482.855) / 2 = HK$1348.1835 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,214 Mil.
Long-Term Debt & Capital Lease Obligation was HK$431 Mil.
Total Current Assets was HK$1,273 Mil.
Total Current Liabilities was HK$613 Mil.
Net Income was HK$52 Mil.

Revenue was HK$1,107 Mil.
Gross Profit was HK$45 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (776.853 + 1213.512) / 2 = HK$995.1825 Mil.
Total Assets at the begining of last year (Dec23) was HK$777 Mil.
Long-Term Debt & Capital Lease Obligation was HK$431 Mil.
Total Current Assets was HK$1,090 Mil.
Total Current Liabilities was HK$415 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.

BHCC Holding's current Net Income (TTM) was 52. ==> 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.

BHCC Holding's current Cash Flow from Operations (TTM) was 133. ==> 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)
=52.411/1213.512
=0.04318952

ROA (Last Year)=Net Income/Total Assets (Dec23)
=51.543/776.853
=0.06634846

BHCC Holding's return on assets of this year was 0.04318952. BHCC Holding's return on assets of last year was 0.06634846. ==> 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.

BHCC Holding's current Net Income (TTM) was 52. BHCC Holding's current Cash Flow from Operations (TTM) was 133. ==> 133 > 52 ==> 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
=431.13/1348.1835
=0.31978585

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=431.336/995.1825
=0.43342402

BHCC Holding's gearing of this year was 0.31978585. BHCC Holding's gearing of last year was 0.43342402. ==> 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
=1272.954/612.915
=2.07688505

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1089.554/414.856
=2.62634263

BHCC Holding's current ratio of this year was 2.07688505. BHCC Holding's current ratio of last year was 2.62634263. ==> 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.

BHCC Holding's number of shares in issue this year was 800. BHCC Holding's number of shares in issue last year was 800. ==> 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
=92.204/1219.772
=0.07559118

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=45.13/1106.765
=0.0407765

BHCC Holding's gross margin of this year was 0.07559118. BHCC Holding's gross margin of last year was 0.0407765. ==> 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)
=1219.772/1213.512
=1.00515858

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1106.765/776.853
=1.42467751

BHCC Holding's asset turnover of this year was 1.00515858. BHCC Holding's asset turnover of last year was 1.42467751. ==> 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+0+1+1+0
=6

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

BHCC Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
BHCC Holding (HKSE:01552) has a Piotroski F-Score of 6 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BHCC Holding and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, BHCC Holding's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, BHCC Holding ranks #449 out of 1727 companies in the Construction industry, placing it in the top 26%.
Is BHCC Holding's Piotroski F-Score too high?
BHCC Holding's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. BHCC Holding's value of 6 is 20% above this industry median. Based on the distribution chart, BHCC Holding ranks #449 out of 1727 companies in the Construction industry, which is above the industry midpoint. Overall, BHCC Holding has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHCC Holding's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, BHCC Holding ranks #449 out of 1727 companies for Piotroski F-Score. This puts BHCC Holding in the upper half of its industry. The industry median Piotroski F-Score is 5.00. BHCC Holding's value of 6 is 20% above this benchmark. Historically, BHCC Holding's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, BHCC Holding 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,727 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. BHCC Holding's current Piotroski F-Score of 6 is 20% 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 BHCC Holding 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. BHCC Holding's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHCC Holding stock overvalued right now?
Based on GuruFocus' analysis, BHCC Holding (HKSE:01552) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.26 — trading 131.8% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Construction industry median of 5.00. BHCC Holding's overall GF Score™ is 61/100 with 5 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 BHCC Holding (HKSE:01552), the current Piotroski F-Score is 6 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 BHCC Holding (HKSE:01552) Overvalued in 2026?

Based on GuruFocus' analysis, BHCC Holding stock appears to be overvalued. The current stock price of HK$0.26 is trading 131.8% above its estimated GF Value™ of HK$0.11. GuruFocus considers BHCC Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01552:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: HK$0.11 vs. price of HK$0.26 (131.8% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 20% above the Construction median (#449 of 1727)

No single metric tells the full story. See the HKSE:01552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHCC Holding Business Description

Address No. 1 Tampines North Drive 3, No. 08-01, BHCC Space, Singapore, SGP, 528499
BHCC Holding Ltd is an investment holding company. Along with its subsidiaries, the company operates as a contractor providing building and construction works in Singapore. It provides construction services for various types of buildings, including educational institutions, and residential, commercial, and industrial buildings. The group's operating segments are Building and Construction works and Property Investment. A majority of its revenue is generated from the Building and Construction works segment, which is engaged in the provision of building and construction works via main contractor and subcontractor projects to the public and private sectors. The Property Investment segment is involved in the leasing of industrial properties. The company derives its revenue from Singapore.
61GF Score

Get the complete analysis for HKSE:01552

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

HK$0.26
Price
HK$0.11
GF Value