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Laxmi DentalNSE:LAXMIDENTL +0.99%28 Piotroski F-Score is 3 as of Jul. 14, 2026, which is 57% below its 10-year median of 7.00. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 803 Medical Devices & Instruments companies, Laxmi Dental ranks worse than 77.21% 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
Laxmi Dental 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 Laxmi Dental's Piotroski F-Score or its related term are showing as below:
NSE:LAXMIDENTL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 7
Current: 3
During the past 5 years, the highest Piotroski F-Score of Laxmi Dental was 7. The lowest was 3. And the median was 7.
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.
Laxmi Dental Piotroski F-Score Related Terms
Laxmi Dental Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: Piotroski F-Score Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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.
Laxmi Dental's current Net Income (TTM) was 290.
==> 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.
Laxmi Dental's return on assets of this year was 0.10179685. Laxmi Dental's return on assets of last year was 0.23617523.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Laxmi Dental's gearing of this year was 0.03133225. Laxmi Dental's gearing of last year was 0.0728122.
==> 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
Laxmi Dental's current ratio of this year was 6.12892959. Laxmi Dental's current ratio of last year was 3.2988149.
==> 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.
Laxmi Dental's number of shares in issue this year was 55.091. Laxmi Dental's number of shares in issue last year was 52.514.
==> 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.
Laxmi Dental's gross margin of this year was 0.6972888. Laxmi Dental's gross margin of last year was 0.75803063.
==> 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
Laxmi Dental's asset turnover of this year was 0.9537632. Laxmi Dental's asset turnover of last year was 1.758532.
==> 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
Laxmi Dental has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Laxmi Dental (NSE:LAXMIDENTL) has a Piotroski F-Score of 3 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Laxmi Dental and its competitors. This is 57% below median its historical median of 7.00. Over the past decade, Laxmi Dental's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Laxmi Dental ranks #620 out of 803 companies in the Medical Devices & Instruments industry, placing it in the top 77.2%.
Is Laxmi Dental's Piotroski F-Score too high?
Laxmi Dental's current Piotroski F-Score of 3 is 57% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Laxmi Dental's value of 3 is 40% below this industry median. Based on the distribution chart, Laxmi Dental ranks #620 out of 803 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Laxmi Dental has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #620 out of 803 companies for Piotroski F-Score. This places Laxmi Dental in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Laxmi Dental's value of 3 is 40% below this benchmark. Historically, Laxmi Dental's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Laxmi Dental 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 Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 803 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. Laxmi Dental'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 Laxmi Dental and its competitors. For the Medical Devices & Instruments 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. Laxmi Dental's current Piotroski F-Score is 3, which is 57% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 57% below median its 10-year median of 7.00 and 40% below the Medical Devices & Instruments industry median of 5.00. Laxmi Dental's overall GF Score™ is 28/100 with 4 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 Laxmi Dental (NSE:LAXMIDENTL), the current Piotroski F-Score is 3 as of Jul. 14, 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
28GF Score
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