Visdem TechnosysNSE:KEL +5.99%16 Piotroski F-Score is 5 as of Jun. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates NSE:KEL with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 2,432 Hardware companies, Visdem Technosys ranks better than 59.58% 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
Visdem Technosys has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Visdem Technosys's Piotroski F-Score or its related term are showing as below:
NSE:KEL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 7
Current: 5
During the past 5 years, the highest Piotroski F-Score of Visdem Technosys was 7. The lowest was 4. And the median was 5.
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.
Visdem Technosys Piotroski F-Score Related Terms
Visdem Technosys Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Visdem Technosys'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.
Visdem Technosys Piotroski F-Score Chart
Visdem Technosys Annual Data
Trend
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Piotroski F-Score
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7.00
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Visdem Technosys Semi-Annual Data
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Piotroski F-Score
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7.00
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5.00
NSE:KEL vs APH, GLW: Piotroski F-Score Comparison
For the Electronic Components subindustry, Visdem Technosys'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.
Visdem Technosys Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Visdem Technosys's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Visdem Technosys'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.
Visdem Technosys's current Net Income (TTM) was 78.6.
==> 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.
Visdem Technosys's return on assets of this year was 0.13540552. Visdem Technosys's return on assets of last year was 0.10123911.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Visdem Technosys's gearing of this year was 0.10927428. Visdem Technosys's gearing of last year was 0.13658637.
==> 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
Visdem Technosys's current ratio of this year was 1.70335771. Visdem Technosys's current ratio of last year was 2.24091028.
==> 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.
Visdem Technosys's number of shares in issue this year was 10.272. Visdem Technosys's number of shares in issue last year was 8.916.
==> 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.
Visdem Technosys's gross margin of this year was 0.36569281. Visdem Technosys's gross margin of last year was 0.30704971.
==> 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
Visdem Technosys's asset turnover of this year was 1.69122979. Visdem Technosys's asset turnover of last year was 2.82895966.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Visdem Technosys has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Visdem Technosys (NSE:KEL) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Visdem Technosys and its competitors. This is near median its historical median of 5.00. Over the past decade, Visdem Technosys' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Visdem Technosys ranks #983 out of 2432 companies in the Hardware industry, placing it in the top 40.4%.
Is Visdem Technosys' Piotroski F-Score too high?
Visdem Technosys' current Piotroski F-Score of 5 is near 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 Hardware industry median Piotroski F-Score is 5.00. Visdem Technosys' value of 5 is 0% at this industry median. Based on the distribution chart, Visdem Technosys ranks #983 out of 2432 companies in the Hardware industry, which is above the industry midpoint. Overall, Visdem Technosys has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Visdem Technosys' Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Visdem Technosys ranks #983 out of 2432 companies for Piotroski F-Score. This puts Visdem Technosys in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Visdem Technosys' value of 5 is 0% at this benchmark. Historically, Visdem Technosys' 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, Visdem Technosys has consistently been at 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,432 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. Visdem Technosys's current Piotroski F-Score of 5 is 0% at 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 Visdem Technosys and its competitors. For the Hardware 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. Visdem Technosys's current Piotroski F-Score is 5, which is near 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 Visdem Technosys stock overvalued right now?
Visdem Technosys (NSE:KEL) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Hardware industry median of 5.00. Visdem Technosys' overall GF Score™ is 16/100 with 1 warning sign 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 Visdem Technosys (NSE:KEL), the current Piotroski F-Score is 5 as of Jun. 30, 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.
Visdem Technosys Ltd, formerly Kundan Edifice Ltd is a Company engaged in manufacturing, assembly, and sale of light-emitting diode (LED) strip lights. The company provides lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment, which is the business of Manufacturing & Selling LED Strip Lights.
16GF Score
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