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Canara Robeco Asset Management CoNSE:CRAMC +5.79%21 Piotroski F-Score is 3 as of Jul. 23, 2026, which is at its 10-year median of 3.00. GuruFocus rates NSE:CRAMC with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,595 Asset Management companies, Canara Robeco Asset Management Co ranks worse than 77.68% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Canara Robeco Asset Management Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Canara Robeco Asset Management Co's Piotroski F-Score or its related term are showing as below:
NSE:CRAMC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 3 Max: 3
Current: 3
During the past 5 years, the highest Piotroski F-Score of Canara Robeco Asset Management Co was 3. The lowest was 3. And the median was 3.
Canara Robeco Asset Management Co (NSE:CRAMC) 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.
Canara Robeco Asset Management Co Piotroski F-Score Related Terms
Canara Robeco Asset Management Co 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.
Canara Robeco Asset Management Co Piotroski F-Score Chart
NSE:CRAMC vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Canara Robeco Asset Management Co'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.
Canara Robeco Asset Management Co Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canara Robeco Asset Management Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Canara Robeco Asset Management Co'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.
Canara Robeco Asset Management Co's current Net Income (TTM) was 2,307.
==> 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.
Canara Robeco Asset Management Co's current Cash Flow from Operations (TTM) was 355.
==> 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.
Canara Robeco Asset Management Co's return on assets of this year was 0.3739585. Canara Robeco Asset Management Co's return on assets of last year was 0.58742571.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Canara Robeco Asset Management Co's gearing of this year was 0.01860905. Canara Robeco Asset Management Co's gearing of last year was 0.02752393.
==> 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
Canara Robeco Asset Management Co's current ratio of this year was 12.13242644. Canara Robeco Asset Management Co's current ratio of last year was 12.18256477.
==> 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.
Canara Robeco Asset Management Co's number of shares in issue this year was 199.481. Canara Robeco Asset Management Co's number of shares in issue last year was 199.417.
==> 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.
Canara Robeco Asset Management Co's gross margin of this year was 0.74936383. Canara Robeco Asset Management Co's gross margin of last year was 0.76274914.
==> 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
Canara Robeco Asset Management Co's asset turnover of this year was 0.7087421. Canara Robeco Asset Management Co's asset turnover of last year was 1.14692818.
==> 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
Canara Robeco Asset Management Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Canara Robeco Asset Management Co (NSE:CRAMC) has a Piotroski F-Score of 3 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Canara Robeco Asset Management Co and its competitors. This is near median its historical median of 3.00. Over the past decade, Canara Robeco Asset Management Co's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Canara Robeco Asset Management Co ranks #1239 out of 1595 companies in the Asset Management industry, placing it in the top 77.7%.
Is Canara Robeco Asset Management Co's Piotroski F-Score too high?
Canara Robeco Asset Management Co's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Asset Management industry median Piotroski F-Score is 5.00. Canara Robeco Asset Management Co's value of 3 is 40% below this industry median. Based on the distribution chart, Canara Robeco Asset Management Co ranks #1239 out of 1595 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Canara Robeco Asset Management Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Canara Robeco Asset Management Co's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Canara Robeco Asset Management Co ranks #1239 out of 1595 companies for Piotroski F-Score. This places Canara Robeco Asset Management Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Canara Robeco Asset Management Co's value of 3 is 40% below this benchmark. Historically, Canara Robeco Asset Management Co's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Canara Robeco Asset Management Co 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,595 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. Canara Robeco Asset Management Co's current Piotroski F-Score of 3 is 40% 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 Canara Robeco Asset Management Co and its competitors. For the Asset Management 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. Canara Robeco Asset Management Co's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canara Robeco Asset Management Co stock overvalued right now?
Canara Robeco Asset Management Co (NSE:CRAMC) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Asset Management industry median of 5.00. Canara Robeco Asset Management Co's overall GF Score™ is 21/100 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 Canara Robeco Asset Management Co (NSE:CRAMC), the current Piotroski F-Score is 3 as of Jul. 23, 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.
Canara Robeco Asset Management Co Business Description
Canara Robeco Asset Management Co Ltd is an asset management company providing management and administrative services to the mutual fund and deploying funds raised under its schemes. Revenue is recognized based on contract terms when services are rendered, with variable consideration estimated for discounts, incentives, and bonuses. It offers asset management services as the investment manager, earning fees as a percentage of Assets Under Management (AUM), recognized on an accrual basis, with a single performance obligation satisfied over time. Advisory services are provided under separate agreements, earning fees based on contract terms, also recognized on an accrual basis. Advisory services are offered to Robeco HK for Indian market investments, with fees charged per the agreements.
21GF Score
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