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Bio Medica LaboratoriesNSE:BMLL +1.21%18 Piotroski F-Score is 6 as of Aug. 13, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:BMLL with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 800 Medical Devices & Instruments companies, Bio Medica Laboratories ranks better than 81.87% 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
Bio Medica Laboratories 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 Bio Medica Laboratories's Piotroski F-Score or its related term are showing as below:
NSE:BMLL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 6
Current: 6
During the past 3 years, the highest Piotroski F-Score of Bio Medica Laboratories was 6. The lowest was 6. And the median was 6.
Bio Medica Laboratories (NSE:BMLL) 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.
Bio Medica Laboratories Piotroski F-Score Related Terms
Bio Medica Laboratories Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Bio Medica Laboratories'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.
Bio Medica Laboratories Piotroski F-Score Chart
Bio Medica Laboratories Annual Data
Trend
Mar23
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Mar25
Piotroski F-Score
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6.00
Bio Medica Laboratories Semi-Annual Data
Mar23
Mar24
Mar25
Piotroski F-Score
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6.00
NSE:BMLL vs ISRG, BDX, MDLN: Piotroski F-Score Comparison
For the Medical Instruments & Supplies subindustry, Bio Medica Laboratories'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.
Bio Medica Laboratories Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Bio Medica Laboratories's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bio Medica Laboratories'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.
Bio Medica Laboratories's current Net Income (TTM) was 97.9.
==> 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.
Bio Medica Laboratories's current Cash Flow from Operations (TTM) was -36.7.
==> 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.
Bio Medica Laboratories's return on assets of this year was 0.50151043. Bio Medica Laboratories's return on assets of last year was 0.14224234.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bio Medica Laboratories's gearing of this year was 0.23068883. Bio Medica Laboratories's gearing of last year was 0.41867198.
==> 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
Bio Medica Laboratories's current ratio of this year was 1.82950754. Bio Medica Laboratories's current ratio of last year was 1.60949679.
==> 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.
Bio Medica Laboratories's number of shares in issue this year was 12.575. Bio Medica Laboratories's number of shares in issue last year was 12.575.
==> 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.
Bio Medica Laboratories's gross margin of this year was 0.46937311. Bio Medica Laboratories's gross margin of last year was 0.49910816.
==> 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
Bio Medica Laboratories's asset turnover of this year was 1.9556393. Bio Medica Laboratories's asset turnover of last year was 0.86809552.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bio Medica Laboratories has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Bio Medica Laboratories (NSE:BMLL) has a Piotroski F-Score of 6 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bio Medica Laboratories and its competitors. This is near median its historical median of 6.00. Over the past decade, Bio Medica Laboratories' Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Bio Medica Laboratories ranks #145 out of 800 companies in the Medical Devices & Instruments industry, placing it in the top 18.1%.
Is Bio Medica Laboratories' Piotroski F-Score too high?
Bio Medica Laboratories' 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 6.00 to a high of 6.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Bio Medica Laboratories' value of 6 is 20% above this industry median. Based on the distribution chart, Bio Medica Laboratories ranks #145 out of 800 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Bio Medica Laboratories has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bio Medica Laboratories' Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Bio Medica Laboratories ranks #145 out of 800 companies for Piotroski F-Score. This places Bio Medica Laboratories in the top 18% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bio Medica Laboratories' value of 6 is 20% above this benchmark. Historically, Bio Medica Laboratories' own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Bio Medica Laboratories 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 800 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. Bio Medica Laboratories'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 Bio Medica Laboratories and its competitors. For the Medical Devices & Instruments 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. Bio Medica Laboratories'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 Bio Medica Laboratories stock overvalued right now?
Bio Medica Laboratories (NSE:BMLL) 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 Medical Devices & Instruments industry median of 5.00. Bio Medica Laboratories' overall GF Score™ is 18/100 with 7 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 Bio Medica Laboratories (NSE:BMLL), the current Piotroski F-Score is 6 as of Aug. 13, 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.
Bio Medica Laboratories Ltd is engaged in the manufacturing of Pharmaceutical Parenteral Formulations. It manufactures generic drugs in the form of injectables namely Liquid Injections and Dry Powder Injections. These injectables are available in both single dose and multi dose forms, catering both human and veterinary needs. Its products address a wide range of medical needs and preferences. The majority of revenue is derived from the sales of Liquid injections. Geographically, it operates predominantly in India, and internationally, it exports to Afghanistan.
18GF Score
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