Excellent Wires and PackagingNSE:EXCELLENT +0.88%16 Piotroski F-Score is 3 as of Jun. 26, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 2,979 Industrial Products companies, Excellent Wires and Packaging ranks worse than 82.28% 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
Excellent Wires and Packaging 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 Excellent Wires and Packaging's Piotroski F-Score or its related term are showing as below:
NSE:EXCELLENT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 3
During the past 5 years, the highest Piotroski F-Score of Excellent Wires and Packaging was 6. The lowest was 3. And the median was 5.
Excellent Wires and Packaging (NSE:EXCELLENT) 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.
Excellent Wires and Packaging Piotroski F-Score Related Terms
Excellent Wires and Packaging 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.
Excellent Wires and Packaging Piotroski F-Score Chart
NSE:EXCELLENT vs VRT, BE: Piotroski F-Score Comparison
For the Electrical Equipment & Parts subindustry, Excellent Wires and Packaging'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.
Excellent Wires and Packaging Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Excellent Wires and Packaging's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Excellent Wires and Packaging'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.
Excellent Wires and Packaging's current Net Income (TTM) was 15.1.
==> 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.
Excellent Wires and Packaging's current Cash Flow from Operations (TTM) was -13.5.
==> 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.
Excellent Wires and Packaging's return on assets of this year was 0.07528276. Excellent Wires and Packaging's return on assets of last year was 0.15837919.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Excellent Wires and Packaging's gearing of this year was 0. Excellent Wires and Packaging'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
Excellent Wires and Packaging's current ratio of this year was 4.66972393. Excellent Wires and Packaging's current ratio of last year was 17.05645424.
==> 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.
Excellent Wires and Packaging's number of shares in issue this year was 4.466. Excellent Wires and Packaging's number of shares in issue last year was 4.47.
==> 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.
Excellent Wires and Packaging's gross margin of this year was 0.13669726. Excellent Wires and Packaging's gross margin of last year was 0.15996918.
==> 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
Excellent Wires and Packaging's asset turnover of this year was 1.12925136. Excellent Wires and Packaging's asset turnover of last year was 3.14785556.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Excellent Wires and Packaging has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Excellent Wires and Packaging (NSE:EXCELLENT) has a Piotroski F-Score of 3 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Excellent Wires and Packaging and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Excellent Wires and Packaging's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Excellent Wires and Packaging ranks #2451 out of 2979 companies in the Industrial Products industry, placing it in the top 82.3%.
Is Excellent Wires and Packaging's Piotroski F-Score too high?
Excellent Wires and Packaging's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. Excellent Wires and Packaging's value of 3 is 40% below this industry median. Based on the distribution chart, Excellent Wires and Packaging ranks #2451 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Excellent Wires and Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excellent Wires and Packaging ranks #2451 out of 2979 companies for Piotroski F-Score. This places Excellent Wires and Packaging in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Excellent Wires and Packaging's value of 3 is 40% below this benchmark. Historically, Excellent Wires and Packaging's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Excellent Wires and Packaging 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Excellent Wires and Packaging'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 Excellent Wires and Packaging and its competitors. For the Industrial Products 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. Excellent Wires and Packaging's current Piotroski F-Score is 3, which is 40% 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 Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Industrial Products industry median of 5.00. Excellent Wires and Packaging's overall GF Score™ is 16/100 with 8 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Piotroski F-Score is 3 as of Jun. 26, 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.
Excellent Wires and Packaging Business Description
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
16GF Score
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