Built Cybernetics (LSE:BUC) Piotroski F-Score: 6 (As of Jul. 02, 2026) — 20% Above Median


What is Built Cybernetics Piotroski F-Score?

Built Cybernetics LSE:BUC Piotroski F-Score is 6 as of Jul. 02, 2026, which is 20% above its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 1,731 Construction companies, Built Cybernetics ranks better than 74.06% 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

Built Cybernetics 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 Built Cybernetics's Piotroski F-Score or its related term are showing as below:

LSE:BUC' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Built Cybernetics was 8. The lowest was 3. And the median was 5.

Built Cybernetics  (LSE:BUC) 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.


Built Cybernetics Piotroski F-Score Related Terms


Built Cybernetics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Built Cybernetics'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.

Built Cybernetics Piotroski F-Score Chart

Built Cybernetics Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 5.00 7.00 3.00 6.00

Built Cybernetics Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 3.00 0.00 6.00 0.00

LSE:BUC vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Built Cybernetics'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.


Built Cybernetics Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Built Cybernetics's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Built Cybernetics's Piotroski F-Score falls into.


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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was £-0.03 Mil.
Cash Flow from Operations was £0.11 Mil.
Revenue was £20.06 Mil.
Gross Profit was £15.05 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (13.457 + 12.19) / 2 = £12.8235 Mil.
Total Assets at the begining of this year (Sep24) was £13.46 Mil.
Long-Term Debt & Capital Lease Obligation was £2.63 Mil.
Total Current Assets was £5.74 Mil.
Total Current Liabilities was £6.71 Mil.
Net Income was £-1.71 Mil.

Revenue was £18.63 Mil.
Gross Profit was £13.91 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (14.9 + 13.457) / 2 = £14.1785 Mil.
Total Assets at the begining of last year (Sep23) was £14.90 Mil.
Long-Term Debt & Capital Lease Obligation was £1.36 Mil.
Total Current Assets was £7.52 Mil.
Total Current Liabilities was £9.24 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.

Built Cybernetics's current Net Income (TTM) was -0.03. ==> 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.

Score 1 if positive, 0 if negative.

Built Cybernetics's current Cash Flow from Operations (TTM) was 0.11. ==> 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 (Sep24)
=-0.031/13.457
=-0.00230363

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-1.707/14.9
=-0.11456376

Built Cybernetics's return on assets of this year was -0.00230363. Built Cybernetics's return on assets of last year was -0.11456376. ==> 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.

Built Cybernetics's current Net Income (TTM) was -0.03. Built Cybernetics's current Cash Flow from Operations (TTM) was 0.11. ==> 0.11 > -0.03 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=2.633/12.8235
=0.20532616

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=1.363/14.1785
=0.09613147

Built Cybernetics's gearing of this year was 0.20532616. Built Cybernetics's gearing of last year was 0.09613147. ==> 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

Current Ratio (This Year: Sep25)=Total Current Assets/Total Current Liabilities
=5.744/6.71
=0.85603577

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=7.522/9.238
=0.81424551

Built Cybernetics's current ratio of this year was 0.85603577. Built Cybernetics's current ratio of last year was 0.81424551. ==> 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.

Built Cybernetics's number of shares in issue this year was 382.074. Built Cybernetics's number of shares in issue last year was 341.589. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=15.049/20.061
=0.75016201

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13.906/18.633
=0.74631031

Built Cybernetics's gross margin of this year was 0.75016201. Built Cybernetics's gross margin of last year was 0.74631031. ==> 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 (Sep24)
=20.061/13.457
=1.49074831

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=18.633/14.9
=1.25053691

Built Cybernetics's asset turnover of this year was 1.49074831. Built Cybernetics's asset turnover of last year was 1.25053691. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+0+1+0+1+1
=6

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

Built Cybernetics has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Built Cybernetics (LSE:BUC) has a Piotroski F-Score of 6 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Built Cybernetics and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Built Cybernetics' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Built Cybernetics ranks #449 out of 1731 companies in the Construction industry, placing it in the top 25.9%.
Is Built Cybernetics' Piotroski F-Score too high?
Built Cybernetics' 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 3.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Built Cybernetics' value of 6 is 20% above this industry median. Based on the distribution chart, Built Cybernetics ranks #449 out of 1731 companies in the Construction industry, which is above the industry midpoint.
How does Built Cybernetics' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Built Cybernetics ranks #449 out of 1731 companies for Piotroski F-Score. This puts Built Cybernetics in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Built Cybernetics' value of 6 is 20% above this benchmark. Historically, Built Cybernetics' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Built Cybernetics 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. Built Cybernetics'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 Built Cybernetics 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. Built Cybernetics'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 Built Cybernetics stock overvalued right now?
Based on GuruFocus' analysis, Built Cybernetics (LSE:BUC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.02, compared to a current price of £0.02 — trading 22.5% below 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. 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 Built Cybernetics (LSE:BUC), the current Piotroski F-Score is 6 as of Jul. 02, 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.

Built Cybernetics Business Description

Address 10 Bonhill Street, London, GBR, EC2A 4PE
Built Cybernetics PLC is a London-quoted PropTech group delivering Smart Buildings and related services. The Group is positioned to ensure the technical systems that run modern premises are designed as an integral part of the structure, from the outset. By cross-selling smart building services alongside architecture projects. The Group operates through two main Division: Smart Buildings, which includes software development, system integration, and energy monitoring solutions; and Architecture, which provides executive architecture, full-service design, and interior design services. Geographically, the Group operates in the United Kingdom and Germany, with additional presence across multiple international markets.