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BBMGHKSE:02009 54 Piotroski F-Score is 5 as of Aug. 23, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HKSE:02009 with a GF Score™ of 54/100 and a GF Value™ of HK$0.73 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 391 Building Materials companies, BBMG ranks worse than 50.38% 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
BBMG 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 BBMG's Piotroski F-Score or its related term are showing as below:
HKSE:02009'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of BBMG was 7. The lowest was 3. And the median was 6.
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.
BBMG Piotroski F-Score Related Terms
BBMG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for BBMG'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:02009 vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, BBMG'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.
BBMG Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, BBMG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where BBMG'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.
This Year (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was -1323.753 + -285.271 + 77.075 + 459.108 = HK$-1,073 Mil. Cash Flow from Operations was -5822.963 + 4255.239 + -2678.382 + 5716.335 = HK$1,470 Mil. Revenue was 18084.513 + 31369.913 + 26144.174 + 23888.342 = HK$99,487 Mil. Gross Profit was 978.684 + 4418.914 + 2107.139 + 4483.718 = HK$11,988 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(281860.856 + 285817.66 + 297460.514 + 291856.212 + 291226.486) / 5 = HK$289644.3456 Mil. Total Assets at the begining of this year (Dec24) was HK$281,861 Mil. Long-Term Debt & Capital Lease Obligation was HK$79,681 Mil. Total Current Assets was HK$148,088 Mil. Total Current Liabilities was HK$101,395 Mil.
Net Income was -1421.517 + 540.329 + 407.528 + -126.644 = HK$-600 Mil.
Revenue was 13941.174 + 35233.97 + 34654.477 + 35954.14 = HK$119,784 Mil. Gross Profit was 550.529 + 4384.724 + 3461.708 + 4115.025 = HK$12,512 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(294969.348 + 296699.026 + 291159.709 + 297546.081 + 281860.856) / 5 = HK$292447.004 Mil. Total Assets at the begining of last year (Dec23) was HK$294,969 Mil. Long-Term Debt & Capital Lease Obligation was HK$70,756 Mil. Total Current Assets was HK$142,209 Mil. Total Current Liabilities was HK$103,328 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.
BBMG's current Net Income (TTM) was -1,073.
==> 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.
BBMG's current ratio of this year was 1.46051566. BBMG's current ratio of last year was 1.37628547.
==> 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.
BBMG's number of shares in issue this year was 10677.771. BBMG's number of shares in issue last year was 10677.771.
==> 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.
BBMG's gross margin of this year was 0.1205028. BBMG's gross margin of last year was 0.10445478.
==> 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
BBMG's asset turnover of this year was 0.35296473. BBMG's asset turnover of last year was 0.40608884.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
BBMG has an F-score of 5 indicating the company's financial situation is typical for a stable company.
BBMG (HKSE:02009) has a Piotroski F-Score of 5 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BBMG and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, BBMG's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, BBMG ranks #197 out of 391 companies in the Building Materials industry, placing it in the top 50.4%.
Is BBMG's Piotroski F-Score too high?
BBMG's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Building Materials industry median Piotroski F-Score is 6.00. BBMG's value of 5 is 16.7% below this industry median. Based on the distribution chart, BBMG ranks #197 out of 391 companies in the Building Materials industry, which is below the industry midpoint. Overall, BBMG has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BBMG's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, BBMG ranks #197 out of 391 companies for Piotroski F-Score. This places BBMG in the lower half of its industry. The industry median Piotroski F-Score is 6.00. BBMG's value of 5 is 16.7% below this benchmark. Historically, BBMG's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, BBMG 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 6.00, based on 391 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. BBMG's current Piotroski F-Score of 5 is 16.7% 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 BBMG and its competitors. For the Building Materials industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BBMG's current Piotroski F-Score is 5, which is 17% 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 BBMG stock overvalued right now?
Based on GuruFocus' analysis, BBMG (HKSE:02009) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.73, compared to a current price of HK$0.59 — trading 19.9% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Building Materials industry median of 6.00. BBMG's overall GF Score™ is 54/100 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 BBMG (HKSE:02009), the current Piotroski F-Score is 5 as of Aug. 23, 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 BBMG (HKSE:02009) Overvalued in 2026?
Based on GuruFocus' analysis, BBMG stock appears to be undervalued.
The current stock price of HK$0.59 is trading 19.9% below its estimated GF Value™ of HK$0.73.
GuruFocus considers BBMG to be Modestly Undervalued.
Key valuation signals for HKSE:02009:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: HK$0.73 vs. price of HK$0.59 (19.9% below fair value)
Industry Position: 16.7% below the Building Materials median (#197 of 391)
No single metric tells the full story. See the HKSE:02009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BBMG Corp is engaged in the manufacture of building materials, supplemented by property development, property investment, and management, forging a one-stop, vertical industrial chain structure among building materials manufacturers in the People's Republic of China. It operates through two business segments, namely the modern green building materials segment, which generates maximum revenue, and the property development and operation segment. Its main products involve various offerings, including cement, ready-mixed concrete, furniture and woods, decorative and fitting materials, wall body and insulation materials, refractory materials, affordable housing, commodity housing, and investment properties, with a diversified customer composition. It operates in Asia, Europe, and Africa.
54GF 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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