ASK Automotive (NSE:ASKAUTOLTD) Piotroski F-Score: 4 (As of Jun. 28, 2026) — Near Median


NSE:ASKAUTOLTD ASK Automotive Ltd NSE:ASKAUTOLTD
69 GF Score
Price ₹464.80
GF Value ₹539.90
Valuation Modestly Undervalued
! 1 Warning Sign
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What is ASK Automotive Piotroski F-Score?

ASK Automotive NSE:ASKAUTOLTD +0.58% 69 Piotroski F-Score is 4 as of Jun. 28, 2026, which is at its 10-year median of 4.00. GuruFocus rates NSE:ASKAUTOLTD with a GF Score™ of 69/100 and a GF Value™ of ₹539.90 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,286 Vehicles & Parts companies, ASK Automotive ranks worse than 69.6% 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

ASK Automotive has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

NSE:ASKAUTOLTD' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 7
Current: 4

During the past 6 years, the highest Piotroski F-Score of ASK Automotive was 7. The lowest was 4. And the median was 4.

ASK Automotive  (NSE:ASKAUTOLTD) 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.


ASK Automotive Piotroski F-Score Related Terms


ASK Automotive Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for ASK Automotive'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.

ASK Automotive Piotroski F-Score Chart

ASK Automotive Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 7.00 4.00 4.00

ASK Automotive Quarterly Data
Mar21 Mar22 Jun22 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 4.00 5.00 N/A N/A 4.00

NSE:ASKAUTOLTD vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, ASK Automotive'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.


ASK Automotive Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ASK Automotive's Piotroski F-Score distribution charts can be found below:

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


NSE:ASKAUTOLTD
69GF Score
ASK Automotive Ltd NSE:ASKAUTOLTD
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 660.7 + 798 + 799.2 + 715.4 = ₹2,973 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = ₹0 Mil.
Revenue was 8912.9 + 10537 + 10842.2 + 11471.2 = ₹41,763 Mil.
Gross Profit was 3206.4 + 3635.1 + 3685.4 + 3607.1 = ₹14,134 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(19238.6 + 0 + 23192.9 + 0 + 25568) / 5 = ₹22666.5 Mil.
Total Assets at the begining of this year (Mar25) was ₹19,239 Mil.
Long-Term Debt & Capital Lease Obligation was ₹4,368 Mil.
Total Current Assets was ₹7,406 Mil.
Total Current Liabilities was ₹7,104 Mil.
Net Income was 568.3 + 672.8 + 658.9 + 576.1 = ₹2,476 Mil.

Revenue was 8622 + 9738.6 + 9151 + 8496.7 = ₹36,008 Mil.
Gross Profit was 2784.3 + 3054.9 + 2980.8 + 2910.5 = ₹11,731 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(15684.5 + 0 + 18463.7 + 0 + 19238.6) / 5 = ₹17795.6 Mil.
Total Assets at the begining of last year (Mar24) was ₹15,685 Mil.
Long-Term Debt & Capital Lease Obligation was ₹3,180 Mil.
Total Current Assets was ₹5,031 Mil.
Total Current Liabilities was ₹4,897 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.

ASK Automotive's current Net Income (TTM) was 2,973. ==> 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.

ASK Automotive's current Cash Flow from Operations (TTM) was 0. ==> Negative ==> Score 0.

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)
=2973.3/19238.6
=0.15454867

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2476.1/15684.5
=0.15786923

ASK Automotive's return on assets of this year was 0.15454867. ASK Automotive's return on assets of last year was 0.15786923. ==> Last year is higher ==> Score 0.

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.

ASK Automotive's current Net Income (TTM) was 2,973. ASK Automotive's current Cash Flow from Operations (TTM) was 0. ==> 0 <= 2,973 ==> CFROA <= ROA ==> Score 0.

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
=4367.5/22666.5
=0.19268524

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3180/17795.6
=0.17869586

ASK Automotive's gearing of this year was 0.19268524. ASK Automotive's gearing of last year was 0.17869586. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=7405.7/7104.1
=1.04245436

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5031.3/4896.9
=1.02744594

ASK Automotive's current ratio of this year was 1.04245436. ASK Automotive's current ratio of last year was 1.02744594. ==> 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.

ASK Automotive's number of shares in issue this year was 197.08. ASK Automotive's number of shares in issue last year was 197.295. ==> 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
=14134/41763.3
=0.33843111

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11730.5/36008.3
=0.32577211

ASK Automotive's gross margin of this year was 0.33843111. ASK Automotive's gross margin of last year was 0.32577211. ==> 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)
=41763.3/19238.6
=2.17080765

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=36008.3/15684.5
=2.29578884

ASK Automotive's asset turnover of this year was 2.17080765. ASK Automotive's asset turnover of last year was 2.29578884. ==> 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+0+0+0+0+1+1+1+0
=4

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

ASK Automotive has an F-score of 4 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 4 mean?
ASK Automotive (NSE:ASKAUTOLTD) has a Piotroski F-Score of 4 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ASK Automotive and its competitors. This is near median its historical median of 4.00. Over the past decade, ASK Automotive's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, ASK Automotive ranks #895 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 69.6%.
Is ASK Automotive's Piotroski F-Score too high?
ASK Automotive's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. ASK Automotive's value of 4 is 20% below this industry median. Based on the distribution chart, ASK Automotive ranks #895 out of 1286 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, ASK Automotive has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASK Automotive's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ASK Automotive ranks #895 out of 1286 companies for Piotroski F-Score. This places ASK Automotive in the lower half of its industry. The industry median Piotroski F-Score is 5.00. ASK Automotive's value of 4 is 20% below this benchmark. Historically, ASK Automotive's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, ASK Automotive has consistently been below 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. ASK Automotive's current Piotroski F-Score of 4 is 20% below 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 ASK Automotive and its competitors. For the Vehicles & Parts 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. ASK Automotive's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASK Automotive stock overvalued right now?
Based on GuruFocus' analysis, ASK Automotive (NSE:ASKAUTOLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹539.90, compared to a current price of ₹464.80 — trading 13.9% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Vehicles & Parts industry median of 5.00. ASK Automotive's overall GF Score™ is 69/100 with 1 warning sign 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 ASK Automotive (NSE:ASKAUTOLTD), the current Piotroski F-Score is 4 as of Jun. 28, 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 ASK Automotive (NSE:ASKAUTOLTD) Overvalued in 2026?

Based on GuruFocus' analysis, ASK Automotive stock appears to be undervalued. The current stock price of ₹464.80 is trading 13.9% below its estimated GF Value™ of ₹539.90. GuruFocus considers ASK Automotive to be Modestly Undervalued.

Key valuation signals for NSE:ASKAUTOLTD:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: ₹539.90 vs. price of ₹464.80 (13.9% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 20% below the Vehicles & Parts median (#895 of 1286)

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


ASK Automotive Business Description

Other Exchanges 544022:India
Address Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050
ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.
69GF Score

Get the complete analysis for NSE:ASKAUTOLTD

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

₹464.80
Price
₹539.90
GF Value