Lucky CementLUCKY 90 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates LUCKY with a GF Score™ of 90/100. The stock has 2 warning signs investors should review. Among 394 Building Materials companies, Lucky Cement ranks better than 68.53% 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
Lucky Cement 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 Lucky Cement's Piotroski F-Score or its related term are showing as below:
LUCKY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Lucky Cement was 8. 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.
Lucky Cement Piotroski F-Score Related Terms
Lucky Cement Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lucky Cement'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.
LUCKY vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Lucky Cement'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.
Lucky Cement Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Lucky Cement's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lucky Cement'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 70.623 + 79.08 + 81.326 + 68.572 = $299.60 Mil. Cash Flow from Operations was 69.403 + 101.027 + -14.762 + 69.905 = $225.57 Mil. Revenue was 451.222 + 444.375 + 443.996 + 468.264 = $1,807.86 Mil. Gross Profit was 132.681 + 113.187 + 113.154 + 110.425 = $469.45 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2609.185 + 2622.346 + 2783.768 + 2839.749 + 2856.728) / 5 = $2742.3552 Mil. Total Assets at the begining of this year (Mar25) was $2,609.19 Mil. Long-Term Debt & Capital Lease Obligation was $380.13 Mil. Total Current Assets was $1,361.64 Mil. Total Current Liabilities was $714.33 Mil.
Net Income was 52.6 + 64.455 + 77.082 + 64.528 = $258.67 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.
Lucky Cement's current Net Income (TTM) was 299.60.
==> 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.
Lucky Cement's return on assets of this year was 0.11482551. Lucky Cement's return on assets of last year was 0.11321692.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lucky Cement's gearing of this year was 0.13861516. Lucky Cement's gearing of last year was 0.1780368.
==> 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
Lucky Cement's current ratio of this year was 1.90617388. Lucky Cement's current ratio of last year was 1.64998948.
==> 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.
Lucky Cement's number of shares in issue this year was 366.25. Lucky Cement's number of shares in issue last year was 366.25.
==> 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.
Lucky Cement's gross margin of this year was 0.25967043. Lucky Cement's gross margin of last year was 0.2993377.
==> 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
Lucky Cement's asset turnover of this year was 0.69288188. Lucky Cement's asset turnover of last year was 0.70045674.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lucky Cement has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Lucky Cement (LUCKY) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lucky Cement and its competitors. This is near median its historical median of 6.00. Over the past decade, Lucky Cement's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Lucky Cement ranks #124 out of 394 companies in the Building Materials industry, placing it in the top 31.5%.
Is Lucky Cement's Piotroski F-Score too high?
Lucky Cement's current Piotroski F-Score of 6 is near 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 8.00. The Building Materials industry median Piotroski F-Score is 5.00. Lucky Cement's value of 6 is 20% above this industry median. Based on the distribution chart, Lucky Cement ranks #124 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, Lucky Cement has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lucky Cement ranks #124 out of 394 companies for Piotroski F-Score. This puts Lucky Cement in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Lucky Cement's value of 6 is 20% above this benchmark. Historically, Lucky Cement's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lucky Cement 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. Lucky Cement'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 Lucky Cement 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. Lucky Cement's current Piotroski F-Score is 6, which is near 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 Lucky Cement stock overvalued right now?
Lucky Cement (LUCKY) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Building Materials industry median of 5.00. Lucky Cement's overall GF Score™ is 90/100 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 Lucky Cement (LUCKY), the current Piotroski F-Score is 6 as of Jun. 26, 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.
Lucky Cement Ltd manufactures Ordinary Portland Cement and Sulphate Resistant Cement. Its segments include cement, polyester, soda ash, pharma, life science and chemicals, automobile and mobile phone assembly, power generation, and others. The reportable Units are Soda Ash, Pharma, Life Sciences, and Chemicals. The company produces various cement variants tailored to climatic conditions, with brands for the Northern region including Lucky Cement, Lucky Supreme SRC, and Block Cement, as well as brands for the Southern region including Lucky Gold, Lucky Star, and Raj Cement.
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