Foseco IndiaNSE:FOSECOIND -1.81%89 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates NSE:FOSECOIND with a GF Score™ of 89/100 and a GF Value™ of ₹5,216.02 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,563 Chemicals companies, Foseco India ranks better than 76.33% 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
Foseco India 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 Foseco India's Piotroski F-Score or its related term are showing as below:
NSE:FOSECOIND'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Foseco India was 8. The lowest was 3. And the median was 5.
Foseco India (NSE:FOSECOIND) 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.
Foseco India Piotroski F-Score Related Terms
Foseco India Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Foseco India'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.
NSE:FOSECOIND vs DOW: Piotroski F-Score Comparison
For the Chemicals subindustry, Foseco India'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.
Foseco India Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Foseco India's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Foseco India'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.
Foseco India's current Net Income (TTM) was 723.
==> 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.
Foseco India's return on assets of this year was 0.14921374. Foseco India's return on assets of last year was 0.17407835.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Foseco India's gearing of this year was 0.00187319. Foseco India's gearing of last year was 0.00292379.
==> 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
Foseco India's current ratio of this year was 2.90219312. Foseco India's current ratio of last year was 3.09221794.
==> 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.
Foseco India's number of shares in issue this year was 6.544. Foseco India's number of shares in issue last year was 6.386.
==> 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.
Foseco India's gross margin of this year was 0.39762247. Foseco India's gross margin of last year was 0.3772486.
==> 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
Foseco India's asset turnover of this year was 1.3256758. Foseco India's asset turnover of last year was 1.24965889.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
0
+
1
+
1
+
0
+
0
+
1
+
1
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Foseco India has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Foseco India (NSE:FOSECOIND) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Foseco India and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Foseco India's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Foseco India ranks #370 out of 1563 companies in the Chemicals industry, placing it in the top 23.7%.
Is Foseco India's Piotroski F-Score too high?
Foseco India's current Piotroski F-Score of 6 is 20% above 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 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Foseco India's value of 6 is 20% above this industry median. Based on the distribution chart, Foseco India ranks #370 out of 1563 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Foseco India has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Foseco India's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Foseco India ranks #370 out of 1563 companies for Piotroski F-Score. This places Foseco India in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Foseco India's value of 6 is 20% above this benchmark. Historically, Foseco India's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Foseco India 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,563 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. Foseco India'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 Foseco India and its competitors. For the Chemicals 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. Foseco India's current Piotroski F-Score is 6, which is 20% above 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 Foseco India stock overvalued right now?
Based on GuruFocus' analysis, Foseco India (NSE:FOSECOIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹5,216.02, compared to a current price of ₹5,191.40 — trading 0.5% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Chemicals industry median of 5.00. Foseco India's overall GF Score™ is 89/100 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 Foseco India (NSE:FOSECOIND), the current Piotroski F-Score is 6 as of Jun. 28, 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 Foseco India (NSE:FOSECOIND) Overvalued in 2026?
Based on GuruFocus' analysis, Foseco India stock appears to be undervalued.
The current stock price of ₹5,191.40 is trading 0.5% below its estimated GF Value™ of ₹5,216.02.
GuruFocus considers Foseco India to be Fairly Valued.
Key valuation signals for NSE:FOSECOIND:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: ₹5,216.02 vs. price of ₹5,191.40 (0.5% below fair value)
Industry Position: 20% above the Chemicals median (#370 of 1563)
No single metric tells the full story. See the NSE:FOSECOIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foseco India Ltd is engaged in the manufacture of products used in the metallurgical industry. Its products are additives and consumables that improve the physical properties and performance of castings. Some of its products are; INSTA Coatings which is a water-based powder coating for ferrous castings, SEMO CC Coatings, and SEMCO FDC among others. The company supplies castings to various segments like Automotive, Tractors, General Engineering, Valves, Power, Railways, etc. The manufacturing activities are at Sanaswadi, Pune, and Puducherry. Its solutions are categorized as Foundry, Iron & Steel, and Industrial Processes. The company generates a majority of revenue from its business in India.
89GF Score
Get the complete analysis for NSE:FOSECOIND
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:FOSECOIND has been successfully added to your 
