Cherat Cement CoKAR:CHCC 88 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates KAR:CHCC with a GF Score™ of 88/100 and a GF Value™ of ₨249.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, Cherat Cement Co ranks better than 51.27% 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
Cherat Cement Co 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 Cherat Cement Co's Piotroski F-Score or its related term are showing as below:
KAR:CHCC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Cherat Cement Co was 9. The lowest was 2. And the median was 6.
Cherat Cement Co (KAR:CHCC) 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.
Cherat Cement Co Piotroski F-Score Related Terms
Cherat Cement Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Cherat Cement Co'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.
KAR:CHCC vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Cherat Cement Co'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.
Cherat Cement Co Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Cherat Cement Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Cherat Cement Co'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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 1847.919 + 2095.496 + 2014.869 + 1407.26 = ₨7,366 Mil. Cash Flow from Operations was 3271.368 + 3935.636 + 2350.155 + -445.687 = ₨9,111 Mil. Revenue was 9739.487 + 10285.283 + 9420.382 + 7884.37 = ₨37,330 Mil. Gross Profit was 3170.415 + 3737.701 + 3420.522 + 2444.37 = ₨12,773 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(48875.192 + 50553.551 + 54119.182 + 55969.622 + 53587.873) / 5 = ₨52621.084 Mil. Total Assets at the begining of this year (Mar25) was ₨48,875 Mil. Long-Term Debt & Capital Lease Obligation was ₨2,303 Mil. Total Current Assets was ₨24,811 Mil. Total Current Liabilities was ₨7,792 Mil.
Net Income was 854.347 + 2877.86 + 2270.634 + 1684.943 = ₨7,688 Mil.
Revenue was 9503.103 + 9659.012 + 10642.984 + 7769.323 = ₨37,574 Mil. Gross Profit was 2674.855 + 3866.813 + 3828.211 + 3104.186 = ₨13,474 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(40707.255 + 41034.052 + 45388.404 + 54563.301 + 48875.192) / 5 = ₨46113.6408 Mil. Total Assets at the begining of last year (Mar24) was ₨40,707 Mil. Long-Term Debt & Capital Lease Obligation was ₨2,629 Mil. Total Current Assets was ₨19,347 Mil. Total Current Liabilities was ₨9,639 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.
Cherat Cement Co's current Net Income (TTM) was 7,366.
==> 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.
Cherat Cement Co's return on assets of this year was 0.15070108. Cherat Cement Co's return on assets of last year was 0.18885538.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Cherat Cement Co's gearing of this year was 0.04376721. Cherat Cement Co's gearing of last year was 0.05700934.
==> 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
Cherat Cement Co's current ratio of this year was 3.18397076. Cherat Cement Co's current ratio of last year was 2.00713034.
==> 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.
Cherat Cement Co's number of shares in issue this year was 194.373. Cherat Cement Co's number of shares in issue last year was 194.342.
==> 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.
Cherat Cement Co's gross margin of this year was 0.34216907. Cherat Cement Co's gross margin of last year was 0.35859673.
==> 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
Cherat Cement Co's asset turnover of this year was 0.76377239. Cherat Cement Co's asset turnover of last year was 0.92303993.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Cherat Cement Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Cherat Cement Co (KAR:CHCC) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cherat Cement Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Cherat Cement Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Cherat Cement Co ranks #192 out of 394 companies in the Building Materials industry, placing it in the top 48.7%.
Is Cherat Cement Co's Piotroski F-Score too high?
Cherat Cement Co'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 2.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 5.00. Cherat Cement Co's value of 5 is 0% at this industry median. Based on the distribution chart, Cherat Cement Co ranks #192 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, Cherat Cement Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cherat Cement Co's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cherat Cement Co ranks #192 out of 394 companies for Piotroski F-Score. This puts Cherat Cement Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Cherat Cement Co's value of 5 is 0% at this benchmark. Historically, Cherat Cement Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Cherat Cement Co has consistently been at 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 5.00, based on 394 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. Cherat Cement Co's current Piotroski F-Score of 5 is 0% at 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 Cherat Cement Co and its competitors. For the Building Materials 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. Cherat Cement Co'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 Cherat Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Cherat Cement Co (KAR:CHCC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨249.05, compared to a current price of ₨339.33 — trading 36.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Building Materials industry median of 5.00. Cherat Cement Co's overall GF Score™ is 88/100 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 Cherat Cement Co (KAR:CHCC), the current Piotroski F-Score is 5 as of Jun. 27, 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 Cherat Cement Co (KAR:CHCC) Overvalued in 2026?
Based on GuruFocus' analysis, Cherat Cement Co stock appears to be overvalued.
The current stock price of ₨339.33 is trading 36.2% above its estimated GF Value™ of ₨249.05.
GuruFocus considers Cherat Cement Co to be Significantly Overvalued.
Key valuation signals for KAR:CHCC:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ₨249.05 vs. price of ₨339.33 (36.2% above fair value)
Industry Position: 0% at the Building Materials median (#192 of 394)
No single metric tells the full story. See the KAR:CHCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cherat Cement Co Ltd is a Ghulam Faruque Group (GFG) Company. Its main business activity is the manufacturing, marketing, and sale of cement. The main product is ordinary Portland Cement, branded as Cherat, with the introduction of composite Cement named Cherat Khyber. The manufacturing plant is located in Village Lakrai, District Nowshera, Khyber Pakhtunkhwa, Pakistan. The product is actively exported to the Afghanistan market.
88GF Score
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