Samay Project ServicesNSE:SAMAY +5.00%21 Piotroski F-Score is 6 as of Jul. 02, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:SAMAY with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,729 Construction companies, Samay Project Services ranks better than 74.09% 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
Samay Project Services 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 Samay Project Services's Piotroski F-Score or its related term are showing as below:
NSE:SAMAY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 7
Current: 6
During the past 5 years, the highest Piotroski F-Score of Samay Project Services was 7. The lowest was 5. And the median was 6.
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.
Samay Project Services Piotroski F-Score Related Terms
Samay Project Services Piotroski F-Score Historical Data
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The historical data trend for Samay Project Services'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:SAMAY vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Samay Project Services'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.
Samay Project Services Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Samay Project Services's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Samay Project Services'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.
Samay Project Services's current Net Income (TTM) was 67.7.
==> 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.
Samay Project Services's current Cash Flow from Operations (TTM) was -70.4.
==> 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.
Samay Project Services's return on assets of this year was 0.21303941. Samay Project Services's return on assets of last year was 0.17045304.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Samay Project Services's gearing of this year was 0.00021578. Samay Project Services'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
Samay Project Services's current ratio of this year was 4.40924095. Samay Project Services's current ratio of last year was 2.63234107.
==> 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.
Samay Project Services's number of shares in issue this year was 14.4. Samay Project Services's number of shares in issue last year was 15.349.
==> 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.
Samay Project Services's gross margin of this year was 0.46331271. Samay Project Services's gross margin of last year was 0.44383535.
==> 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
Samay Project Services's asset turnover of this year was 1.57886006. Samay Project Services's asset turnover of last year was 1.49578539.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Samay Project Services has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Samay Project Services (NSE:SAMAY) has a Piotroski F-Score of 6 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Samay Project Services and its competitors. This is near median its historical median of 6.00. Over the past decade, Samay Project Services' Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Samay Project Services ranks #448 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Samay Project Services' Piotroski F-Score too high?
Samay Project Services' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Samay Project Services' value of 6 is 20% above this industry median. Based on the distribution chart, Samay Project Services ranks #448 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Samay Project Services has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Samay Project Services' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Samay Project Services ranks #448 out of 1729 companies for Piotroski F-Score. This puts Samay Project Services in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Samay Project Services' value of 6 is 20% above this benchmark. Historically, Samay Project Services' own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Samay Project Services 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Samay Project Services'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 Samay Project Services and its competitors. For the Construction 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. Samay Project Services's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samay Project Services stock overvalued right now?
Samay Project Services (NSE:SAMAY) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Samay Project Services' overall GF Score™ is 21/100 with 5 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 Samay Project Services (NSE:SAMAY), the current Piotroski F-Score is 6 as of Jul. 02, 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.
Samay Project Services Ltd is engaged in Engineering, Procurement and Construction (EPC) Services providing specialized services in design, engineering, supply, fabrication, erection and commissioning of balance of plant (BOP) systems in various industries. Company is involved in EPC projects which consists of (i) Piping System, (ii) Tanks and vessels and fabricated structures; and (iii) fire protection and detection systems / firefighting systems (FFS). The various systems engineered, procured and constructed by the Company finds its application in a diverse range of Industries, including Power, Sugar and Distilleries, Iron and Steel, Infrastructure, etc.
21GF Score
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