Fauji Cement Co (KAR:FCCL) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


KAR:FCCL Fauji Cement Co Ltd KAR:FCCL
89 GF Score
Price ₨58.36
GF Value ₨39.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Fauji Cement Co Piotroski F-Score?

Fauji Cement Co KAR:FCCL 89 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates KAR:FCCL with a GF Score™ of 89/100 and a GF Value™ of ₨39.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, Fauji Cement Co ranks better than 97.21% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Fauji Cement Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

KAR:FCCL' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Fauji Cement Co was 9. The lowest was 2. And the median was 6.

Fauji Cement Co  (KAR:FCCL) 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.


Fauji Cement Co Piotroski F-Score Related Terms


Fauji Cement Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fauji 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.

Fauji Cement Co Piotroski F-Score Chart

Fauji Cement Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 5.00 7.00 8.00

Fauji Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.00 8.00 7.00 8.00

KAR:FCCL vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Fauji 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.


Fauji Cement Co Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fauji Cement Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fauji Cement Co's Piotroski F-Score falls into.


KAR:FCCL
89GF Score
Fauji Cement Co Ltd KAR:FCCL
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 3919.173 + 3286.437 + 4030.092 + 3459.172 = ₨14,695 Mil.
Cash Flow from Operations was 7073.046 + 11408.43 + 7393.38 + 2258.248 = ₨28,133 Mil.
Revenue was 21802.144 + 23417.812 + 23935.672 + 22430.091 = ₨91,586 Mil.
Gross Profit was 8517.159 + 7378.499 + 8349.525 + 8002.695 = ₨32,248 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(157551.689 + 160845.191 + 162140.049 + 170476.249 + 163561.226) / 5 = ₨162914.8808 Mil.
Total Assets at the begining of this year (Mar25) was ₨157,552 Mil.
Long-Term Debt & Capital Lease Obligation was ₨15,835 Mil.
Total Current Assets was ₨43,411 Mil.
Total Current Liabilities was ₨33,553 Mil.
Net Income was 1180.601 + 3246.726 + 4020.416 + 2139.887 = ₨10,588 Mil.

Revenue was 20626.105 + 22956.406 + 24887.957 + 19309.821 = ₨87,780 Mil.
Gross Profit was 7470.469 + 7883.831 + 8901.269 + 6269.091 = ₨30,525 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(145675.236 + 147636.299 + 153011.02 + 156405.75 + 157551.689) / 5 = ₨152055.9988 Mil.
Total Assets at the begining of last year (Mar24) was ₨145,675 Mil.
Long-Term Debt & Capital Lease Obligation was ₨26,990 Mil.
Total Current Assets was ₨36,273 Mil.
Total Current Liabilities was ₨29,092 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.

Fauji Cement Co's current Net Income (TTM) was 14,695. ==> 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.

Fauji Cement Co's current Cash Flow from Operations (TTM) was 28,133. ==> 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 (Mar25)
=14694.874/157551.689
=0.09327018

ROA (Last Year)=Net Income/Total Assets (Mar24)
=10587.63/145675.236
=0.07267968

Fauji Cement Co's return on assets of this year was 0.09327018. Fauji Cement Co's return on assets of last year was 0.07267968. ==> This year is higher. ==> Score 1.

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.

Fauji Cement Co's current Net Income (TTM) was 14,695. Fauji Cement Co's current Cash Flow from Operations (TTM) was 28,133. ==> 28,133 > 14,695 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=15834.847/162914.8808
=0.09719706

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=26989.729/152055.9988
=0.17749861

Fauji Cement Co's gearing of this year was 0.09719706. Fauji Cement Co's gearing of last year was 0.17749861. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=43410.89/33553.265
=1.29379034

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=36272.726/29091.629
=1.2468441

Fauji Cement Co's current ratio of this year was 1.29379034. Fauji Cement Co's current ratio of last year was 1.2468441. ==> 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.

Fauji Cement Co's number of shares in issue this year was 2453.313. Fauji Cement Co's number of shares in issue last year was 2459.64. ==> 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
=32247.878/91585.719
=0.35210597

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=30524.66/87780.289
=0.34773934

Fauji Cement Co's gross margin of this year was 0.35210597. Fauji Cement Co's gross margin of last year was 0.34773934. ==> 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 (Mar25)
=91585.719/157551.689
=0.58130585

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=87780.289/145675.236
=0.60257523

Fauji Cement Co's asset turnover of this year was 0.58130585. Fauji Cement Co's asset turnover of last year was 0.60257523. ==> 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+1+1+1+1+1+1+0
=8

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

Fauji Cement Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Fauji Cement Co (KAR:FCCL) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fauji Cement Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Fauji Cement Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Fauji Cement Co ranks #11 out of 394 companies in the Building Materials industry, placing it in the top 2.8%.
Is Fauji Cement Co's Piotroski F-Score too high?
Fauji Cement Co's current Piotroski F-Score of 8 is 33% above 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. Fauji Cement Co's value of 8 is 60% above this industry median. Based on the distribution chart, Fauji Cement Co ranks #11 out of 394 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Fauji Cement Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fauji Cement Co's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fauji Cement Co ranks #11 out of 394 companies for Piotroski F-Score. This places Fauji Cement Co in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fauji Cement Co's value of 8 is 60% above this benchmark. Historically, Fauji 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, Fauji Cement Co 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 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. Fauji Cement Co's current Piotroski F-Score of 8 is 60% 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 Fauji 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. Fauji Cement Co's current Piotroski F-Score is 8, which is 33% above 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 Fauji Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Fauji Cement Co (KAR:FCCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨39.08, compared to a current price of ₨58.36 — trading 49.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Building Materials industry median of 5.00. Fauji Cement Co's overall GF Score™ is 89/100 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 Fauji Cement Co (KAR:FCCL), the current Piotroski F-Score is 8 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 Fauji Cement Co (KAR:FCCL) Overvalued in 2026?

Based on GuruFocus' analysis, Fauji Cement Co stock appears to be overvalued. The current stock price of ₨58.36 is trading 49.3% above its estimated GF Value™ of ₨39.08. GuruFocus considers Fauji Cement Co to be Significantly Overvalued.

Key valuation signals for KAR:FCCL:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₨39.08 vs. price of ₨58.36 (49.3% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 60% above the Building Materials median (#11 of 394)

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


Fauji Cement Co Business Description

Address 68 Tipu Road, Fauji Towers, Block III, Chaklala, Rawalpindi, PB, PAK
Fauji Cement Co Ltd is engaged in the manufacturing and sale of cement. The company's product range includes ordinary Portland cement, low alkali cement, and sulphate-resistant cement. Its cement products are preferred in constructing mega-projects such as dams, bridges, highways and motorways, airports, commercial and industrial complexes, and residential housing societies.
89GF Score

Get the complete analysis for KAR:FCCL

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

₨58.36
Price
₨39.08
GF Value