Wilson Bayly Holmes-OvconJSE:WBO +0.50%82 Piotroski F-Score is 6 as of Jul. 08, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates JSE:WBO with a GF Score™ of 82/100 and a GF Value™ of R170.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,731 Construction companies, Wilson Bayly Holmes-Ovcon ranks better than 73.89% 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
Wilson Bayly Holmes-Ovcon 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 Wilson Bayly Holmes-Ovcon's Piotroski F-Score or its related term are showing as below:
JSE:WBO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Wilson Bayly Holmes-Ovcon was 8. The lowest was 2. And the median was 5.
Wilson Bayly Holmes-Ovcon (JSE:WBO) 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.
Wilson Bayly Holmes-Ovcon Piotroski F-Score Related Terms
Wilson Bayly Holmes-Ovcon Piotroski F-Score Historical Data
* 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.
JSE:WBO vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.
Wilson Bayly Holmes-Ovcon Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Wilson Bayly Holmes-Ovcon'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.
Wilson Bayly Holmes-Ovcon's current Net Income (TTM) was 1,242.
==> 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.
Wilson Bayly Holmes-Ovcon's current Cash Flow from Operations (TTM) was 1,535.
==> 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.
Wilson Bayly Holmes-Ovcon's return on assets of this year was 0.08082824. Wilson Bayly Holmes-Ovcon's return on assets of last year was 0.06610229.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Wilson Bayly Holmes-Ovcon's gearing of this year was 0.00644624. Wilson Bayly Holmes-Ovcon's gearing of last year was 0.00854526.
==> 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
Wilson Bayly Holmes-Ovcon's current ratio of this year was 1.13506475. Wilson Bayly Holmes-Ovcon's current ratio of last year was 1.06805995.
==> 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.
Wilson Bayly Holmes-Ovcon's number of shares in issue this year was 53.122. Wilson Bayly Holmes-Ovcon's number of shares in issue last year was 52.548.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Wilson Bayly Holmes-Ovcon's gross margin of this year was 0.42132117. Wilson Bayly Holmes-Ovcon's gross margin of last year was 0.43265545.
==> 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
Wilson Bayly Holmes-Ovcon's asset turnover of this year was 1.85480864. Wilson Bayly Holmes-Ovcon's asset turnover of last year was 1.8793381.
==> 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
Wilson Bayly Holmes-Ovcon has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Piotroski F-Score of 6 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wilson Bayly Holmes-Ovcon and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Wilson Bayly Holmes-Ovcon's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #452 out of 1731 companies in the Construction industry, placing it in the top 26.1%.
Is Wilson Bayly Holmes-Ovcon's Piotroski F-Score too high?
Wilson Bayly Holmes-Ovcon'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. Wilson Bayly Holmes-Ovcon's value of 6 is 20% above this industry median. Based on the distribution chart, Wilson Bayly Holmes-Ovcon ranks #452 out of 1731 companies in the Construction industry, which is above the industry midpoint. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #452 out of 1731 companies for Piotroski F-Score. This puts Wilson Bayly Holmes-Ovcon in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Wilson Bayly Holmes-Ovcon's value of 6 is 20% above this benchmark. Historically, Wilson Bayly Holmes-Ovcon'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, Wilson Bayly Holmes-Ovcon 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 1,731 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. Wilson Bayly Holmes-Ovcon'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 Wilson Bayly Holmes-Ovcon 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. Wilson Bayly Holmes-Ovcon'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 Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Fairly Valued. The stock's GF Value™ is R170.69, compared to a current price of R171.80 — trading 0.7% 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. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 82/100 with 2 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Piotroski F-Score is 6 as of Jul. 08, 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be overvalued.
The current stock price of R171.80 is trading 0.7% above its estimated GF Value™ of R170.69.
GuruFocus considers Wilson Bayly Holmes-Ovcon to be Fairly Valued.
Key valuation signals for JSE:WBO:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: R170.69 vs. price of R171.80 (0.7% above fair value)
Industry Position: 20% above the Construction median (#452 of 1731)
No single metric tells the full story. See the JSE:WBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
82GF Score
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