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Bikaji Foods InternationalNSE:BIKAJI -0.58%90 Piotroski F-Score is 5 as of Aug. 14, 2026, which is at its 10-year median of 5.00. GuruFocus rates NSE:BIKAJI with a GF Score™ of 90/100 and a GF Value™ of ₹827.31 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,908 Consumer Packaged Goods companies, Bikaji Foods International ranks better than 51.15% 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
Bikaji Foods International 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 Bikaji Foods International's Piotroski F-Score or its related term are showing as below:
NSE:BIKAJI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 5
During the past 7 years, the highest Piotroski F-Score of Bikaji Foods International was 8. The lowest was 2. And the median was 5.
Bikaji Foods International (NSE:BIKAJI) 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.
Bikaji Foods International Piotroski F-Score Related Terms
Bikaji Foods International Piotroski F-Score Historical Data
* 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.
Bikaji Foods International Piotroski F-Score Chart
NSE:BIKAJI vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Bikaji Foods International'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.
Bikaji Foods International Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bikaji Foods International's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bikaji Foods International'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.
*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.
Bikaji Foods International's current Net Income (TTM) was 2,585.
==> 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.
Bikaji Foods International'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.
Bikaji Foods International's return on assets of this year was 0.13366078. Bikaji Foods International's return on assets of last year was 0.13196805.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bikaji Foods International's gearing of this year was 0.03595776. Bikaji Foods International's gearing of last year was 0.03824141.
==> 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
Bikaji Foods International's current ratio of this year was 2.46703827. Bikaji Foods International's current ratio of last year was 2.63758121.
==> Last year's current ratio is higher ==> Score 0.
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.
Bikaji Foods International's number of shares in issue this year was 250.595. Bikaji Foods International's number of shares in issue last year was 250.613.
==> 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.
Bikaji Foods International's gross margin of this year was 0.33989318. Bikaji Foods International's gross margin of last year was 0.30777739.
==> 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
Bikaji Foods International's asset turnover of this year was 1.56044622. Bikaji Foods International's asset turnover of last year was 1.71555082.
==> 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
Bikaji Foods International has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Bikaji Foods International (NSE:BIKAJI) has a Piotroski F-Score of 5 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bikaji Foods International and its competitors. This is near median its historical median of 5.00. Over the past decade, Bikaji Foods International's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Bikaji Foods International ranks #932 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 48.8%.
Is Bikaji Foods International's Piotroski F-Score too high?
Bikaji Foods International's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Bikaji Foods International's value of 5 is 0% at this industry median. Based on the distribution chart, Bikaji Foods International ranks #932 out of 1908 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Bikaji Foods International has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bikaji Foods International's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bikaji Foods International ranks #932 out of 1908 companies for Piotroski F-Score. This puts Bikaji Foods International in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Bikaji Foods International's value of 5 is 0% at this benchmark. Historically, Bikaji Foods International's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Bikaji Foods International 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,908 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. Bikaji Foods International'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 Bikaji Foods International and its competitors. For the Consumer Packaged Goods 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. Bikaji Foods International's current Piotroski F-Score is 5, which is near 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 Bikaji Foods International stock overvalued right now?
Based on GuruFocus' analysis, Bikaji Foods International (NSE:BIKAJI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹827.31, compared to a current price of ₹613.30 — trading 25.9% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Bikaji Foods International's overall GF Score™ is 90/100 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 Bikaji Foods International (NSE:BIKAJI), the current Piotroski F-Score is 5 as of Aug. 14, 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 Bikaji Foods International (NSE:BIKAJI) Overvalued in 2026?
Based on GuruFocus' analysis, Bikaji Foods International stock appears to be undervalued.
The current stock price of ₹613.30 is trading 25.9% below its estimated GF Value™ of ₹827.31.
GuruFocus considers Bikaji Foods International to be Modestly Undervalued.
Key valuation signals for NSE:BIKAJI:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ₹827.31 vs. price of ₹613.30 (25.9% below fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#932 of 1908)
No single metric tells the full story. See the NSE:BIKAJI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which includes gift packs (assortment), frozen food, mathri, cookies, and others. The company operates in India as well as Outside India.
90GF Score
Get the complete analysis for NSE:BIKAJI
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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