Vasa Denticity (NSE:DENTALKART) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 20% Below Median


NSE:DENTALKART Vasa Denticity Ltd NSE:DENTALKART
37 GF Score
Price ₹373.35
! 5 Warning Signs
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What is Vasa Denticity Piotroski F-Score?

Vasa Denticity NSE:DENTALKART +1.04% 37 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates NSE:DENTALKART with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 114 Medical Distribution companies, Vasa Denticity ranks worse than 63.16% 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

Vasa Denticity 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 Vasa Denticity's Piotroski F-Score or its related term are showing as below:

NSE:DENTALKART' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 4

During the past 5 years, the highest Piotroski F-Score of Vasa Denticity was 7. The lowest was 4. And the median was 5.

Vasa Denticity  (NSE:DENTALKART) 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.


Vasa Denticity Piotroski F-Score Related Terms


Vasa Denticity Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vasa Denticity'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.

Vasa Denticity Piotroski F-Score Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22 Mar24 Mar25
Piotroski F-Score
N/A N/A 7.00 5.00 4.00

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial N/A 5.00 N/A 4.00 0.00

NSE:DENTALKART vs MCK, COR, CAH: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Vasa Denticity'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.


Vasa Denticity Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Piotroski F-Score distribution charts can be found below:

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


NSE:DENTALKART
37GF Score
Vasa Denticity Ltd NSE:DENTALKART
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was ₹170 Mil.
Cash Flow from Operations was ₹-36 Mil.
Revenue was ₹2,494 Mil.
Gross Profit was ₹743 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (857.426 + 1512.159) / 2 = ₹1184.7925 Mil.
Total Assets at the begining of this year (Mar24) was ₹857 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹1,259 Mil.
Total Current Liabilities was ₹166 Mil.
Net Income was ₹151 Mil.

Revenue was ₹1,719 Mil.
Gross Profit was ₹464 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar24) was (194.591 + 857.426) / 2 = ₹526.0085 Mil.
Total Assets at the begining of last year (Mar22) was ₹195 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹813 Mil.
Total Current Liabilities was ₹164 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.

Vasa Denticity's current Net Income (TTM) was 170. ==> 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.

Vasa Denticity's current Cash Flow from Operations (TTM) was -36. ==> 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 (Mar24)
=169.676/857.426
=0.19788996

ROA (Last Year)=Net Income/Total Assets (Mar22)
=150.758/194.591
=0.77474292

Vasa Denticity's return on assets of this year was 0.19788996. Vasa Denticity's return on assets of last year was 0.77474292. ==> 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.

Vasa Denticity's current Net Income (TTM) was 170. Vasa Denticity's current Cash Flow from Operations (TTM) was -36. ==> -36 <= 170 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1184.7925
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar24
=0/526.0085
=0

Vasa Denticity's gearing of this year was 0. Vasa Denticity's gearing of last year was 0. ==> 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

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=1258.632/166.288
=7.56898874

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=812.906/164.271
=4.9485667

Vasa Denticity's current ratio of this year was 7.56898874. Vasa Denticity's current ratio of last year was 4.9485667. ==> 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.

Vasa Denticity's number of shares in issue this year was 16.232. Vasa Denticity's number of shares in issue last year was 15.486. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=743.323/2493.657
=0.2980855

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=463.987/1718.831
=0.26994335

Vasa Denticity's gross margin of this year was 0.2980855. Vasa Denticity's gross margin of last year was 0.26994335. ==> 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 (Mar24)
=2493.657/857.426
=2.90830579

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=1718.831/194.591
=8.83304469

Vasa Denticity's asset turnover of this year was 2.90830579. Vasa Denticity's asset turnover of last year was 8.83304469. ==> 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+1+1+0+1+0
=4

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

Vasa Denticity 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?
Vasa Denticity (NSE:DENTALKART) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vasa Denticity and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Vasa Denticity's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Vasa Denticity ranks #72 out of 114 companies in the Medical Distribution industry, placing it in the top 63.2%.
Is Vasa Denticity's Piotroski F-Score too high?
Vasa Denticity's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Vasa Denticity's value of 4 is 20% below this industry median. Based on the distribution chart, Vasa Denticity ranks #72 out of 114 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Vasa Denticity has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Vasa Denticity's Piotroski F-Score compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Vasa Denticity ranks #72 out of 114 companies for Piotroski F-Score. This places Vasa Denticity in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Vasa Denticity's value of 4 is 20% below this benchmark. Historically, Vasa Denticity'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 5.00 vs. the industry median of 5.00, Vasa Denticity 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 Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 114 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. Vasa Denticity'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 Vasa Denticity and its competitors. For the Medical Distribution 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. Vasa Denticity's current Piotroski F-Score is 4, which is 20% below 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 Vasa Denticity stock overvalued right now?
Vasa Denticity (NSE:DENTALKART) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Medical Distribution industry median of 5.00. Vasa Denticity's overall GF Score™ is 37/100 with 5 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 Vasa Denticity (NSE:DENTALKART), the current Piotroski F-Score is 4 as of Jun. 27, 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.

Vasa Denticity Business Description

Address Village, P.O. Chattarpur, Khasra No. 714, South Delhi, New Delhi, IND, 110074
Vasa Denticity Ltd is engaged in marketing and distributing a comprehensive portfolio of dental products, including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions, as well as improving the aesthetics of the human smile through the online portal Dentalkart.com. The company's products include instruments, disinfectant tools, sterilizing equipment, impression materials, temporary materials for tooth filling, and others.
37GF Score

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

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