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Star Group AsiaHKSE:01560 +256.00%43 Piotroski F-Score is 6 as of Aug. 20, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates HKSE:01560 with a GF Score™ of 43/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 545 Conglomerates companies, Star Group Asia ranks better than 73.21% 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
Star Group Asia 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 Star Group Asia's Piotroski F-Score or its related term are showing as below:
HKSE:01560'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 6
During the past 13 years, the highest Piotroski F-Score of Star Group Asia was 6. The lowest was 3. And the median was 4.
Star Group Asia (HKSE:01560) 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.
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.
Star Group Asia Piotroski F-Score Related Terms
Star Group Asia Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Star Group Asia'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.
HKSE:01560 vs MMM, HON: Piotroski F-Score Comparison
For the Conglomerates subindustry, Star Group Asia'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.
Star Group Asia Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Star Group Asia's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Star Group Asia'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.
Star Group Asia's current Net Income (TTM) was -268.2.
==> 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.
Star Group Asia's return on assets of this year was -0.10827685. Star Group Asia's return on assets of last year was -0.15042226.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Star Group Asia's gearing of this year was 0.04395098. Star Group Asia's gearing of last year was 0.0318773.
==> Last year is lower than this year ==> Score 0.
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
Star Group Asia's current ratio of this year was 1.06405877. Star Group Asia's current ratio of last year was 1.06283424.
==> 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.
Star Group Asia's number of shares in issue this year was 641.498. Star Group Asia's number of shares in issue last year was 641.498.
==> 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.
Star Group Asia's gross margin of this year was 0.21532879. Star Group Asia's gross margin of last year was -0.24433973.
==> 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
Star Group Asia's asset turnover of this year was 0.07766615. Star Group Asia's asset turnover of last year was 0.28170476.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Star Group Asia has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Star Group Asia (HKSE:01560) has a Piotroski F-Score of 6 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Star Group Asia and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Star Group Asia's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Star Group Asia ranks #146 out of 545 companies in the Conglomerates industry, placing it in the top 26.8%.
Is Star Group Asia's Piotroski F-Score too high?
Star Group Asia's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Conglomerates industry median Piotroski F-Score is 5.00. Star Group Asia's value of 6 is 20% above this industry median. Based on the distribution chart, Star Group Asia ranks #146 out of 545 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Star Group Asia has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Group Asia's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Star Group Asia ranks #146 out of 545 companies for Piotroski F-Score. This puts Star Group Asia in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Star Group Asia's value of 6 is 20% above this benchmark. Historically, Star Group Asia's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Star Group Asia 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 545 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. Star Group Asia'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 Star Group Asia and its competitors. For the Conglomerates 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. Star Group Asia's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Group Asia stock overvalued right now?
Based on GuruFocus' analysis, Star Group Asia (HKSE:01560) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.45 — trading 1383.3% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Conglomerates industry median of 5.00. Star Group Asia's overall GF Score™ is 43/100 with 7 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 Star Group Asia (HKSE:01560), the current Piotroski F-Score is 6 as of Aug. 20, 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 Star Group Asia (HKSE:01560) Overvalued in 2026?
Based on GuruFocus' analysis, Star Group Asia stock appears to be overvalued.
The current stock price of HK$0.45 is trading 1383.3% above its estimated GF Value™ of HK$0.03.
GuruFocus considers Star Group Asia to be Significantly Overvalued.
Key valuation signals for HKSE:01560:
Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
GF Value™: HK$0.03 vs. price of HK$0.45 (1383.3% above fair value)
Industry Position: 20% above the Conglomerates median (#146 of 545)
No single metric tells the full story. See the HKSE:01560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Group Asia Ltd formerly Star Group Co Ltd is mainly focused on property development and investment, operating through segments including, commercial and residential property development, property leasing (including serviced apartments and co-working spaces), wine sales, and cellar leasing, financing services, property management, construction and fitting out services, and media production services covering marketing, consultancy, film/advertisement production, concert organization, and artist management.
43GF 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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