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Patil AutomationNSE:PATILAUTOM -1.53%18 Piotroski F-Score is 6 as of Jul. 22, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates NSE:PATILAUTOM with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Patil Automation ranks better than 75.34% 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
Patil Automation 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 Patil Automation's Piotroski F-Score or its related term are showing as below:
NSE:PATILAUTOM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 8
Current: 6
During the past 5 years, the highest Piotroski F-Score of Patil Automation was 8. The lowest was 6. 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.
Patil Automation Piotroski F-Score Related Terms
Patil Automation Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Patil Automation'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:PATILAUTOM vs GEV, ETN, PH: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, Patil Automation'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.
Patil Automation Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Patil Automation's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Patil Automation'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.
Patil Automation's current Net Income (TTM) was 178.
==> 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.
Patil Automation's return on assets of this year was 0.15416552. Patil Automation's return on assets of last year was 0.12751497.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Patil Automation's gearing of this year was 0.00083977. Patil Automation's gearing of last year was 0.
==> Last year is lower than this year ==> Score 0.
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
Patil Automation's current ratio of this year was 1.66719018. Patil Automation's current ratio of last year was 1.48206412.
==> 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.
Patil Automation's number of shares in issue this year was 20.558. Patil Automation's number of shares in issue last year was 21.821.
==> 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.
Patil Automation's gross margin of this year was 0.47554406. Patil Automation's gross margin of last year was 0.32332732.
==> 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
Patil Automation's asset turnover of this year was 1.44402052. Patil Automation's asset turnover of last year was 1.28439126.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Patil Automation has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Patil Automation (NSE:PATILAUTOM) has a Piotroski F-Score of 6 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Patil Automation and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Patil Automation's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Patil Automation ranks #733 out of 2972 companies in the Industrial Products industry, placing it in the top 24.7%.
Is Patil Automation's Piotroski F-Score too high?
Patil Automation's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Patil Automation's value of 6 is 20% above this industry median. Based on the distribution chart, Patil Automation ranks #733 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Patil Automation has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Patil Automation's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patil Automation ranks #733 out of 2972 companies for Piotroski F-Score. This places Patil Automation in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Patil Automation's value of 6 is 20% above this benchmark. Historically, Patil Automation's own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Patil Automation 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,972 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. Patil Automation'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 Patil Automation 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. Patil Automation's current Piotroski F-Score is 6, which is 14% 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 Patil Automation stock overvalued right now?
Patil Automation (NSE:PATILAUTOM) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Industrial Products industry median of 5.00. Patil Automation's overall GF Score™ is 18/100 with 3 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 Patil Automation (NSE:PATILAUTOM), the current Piotroski F-Score is 6 as of Jul. 22, 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.
Patil Automation Ltd is an automation solutions provider serving industrial clients in the automotive sector. It is engaged in the business of manufacturing and supplying Welding fixtures, Inspection Jigs & Gauges, Conveyor, and Assembly Line. The group provides services of Line Automation, Robotic Welding & Handling, Special Purpose Machines, and Jigs & Fixtures.
18GF Score
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