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Sanathan TextilesNSE:SANATHAN +0.65%12 Piotroski F-Score is 4 as of Aug. 08, 2026, which is at its 10-year median of 4.00. GuruFocus rates NSE:SANATHAN with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 1,045 Manufacturing - Apparel & Accessories companies, Sanathan Textiles ranks worse than 63.54% 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
Sanathan Textiles has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Sanathan Textiles's Piotroski F-Score or its related term are showing as below:
NSE:SANATHAN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 4
Current: 4
During the past 5 years, the highest Piotroski F-Score of Sanathan Textiles was 4. The lowest was 4. And the median was 4.
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.
Sanathan Textiles Piotroski F-Score Related Terms
Sanathan Textiles Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sanathan Textiles'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.
For the Textile Manufacturing subindustry, Sanathan Textiles'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.
Sanathan Textiles Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanathan Textiles's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sanathan Textiles'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.
Sanathan Textiles's current Net Income (TTM) was 774.
==> 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.
Sanathan Textiles's return on assets of this year was 0.02192417. Sanathan Textiles's return on assets of last year was 0.07281003.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sanathan Textiles's gearing of this year was 0.31376358. Sanathan Textiles's gearing of last year was 0.34069785.
==> 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
Sanathan Textiles's current ratio of this year was 1.07004194. Sanathan Textiles's current ratio of last year was 1.27186684.
==> 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.
Sanathan Textiles's number of shares in issue this year was 84.258. Sanathan Textiles's number of shares in issue last year was 84.429.
==> 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.
Sanathan Textiles's gross margin of this year was 0.30108785. Sanathan Textiles's gross margin of last year was 0.29261558.
==> 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
Sanathan Textiles's asset turnover of this year was 1.08024501. Sanathan Textiles's asset turnover of last year was 1.36072842.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sanathan Textiles has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Sanathan Textiles (NSE:SANATHAN) has a Piotroski F-Score of 4 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sanathan Textiles and its competitors. This is near median its historical median of 4.00. Over the past decade, Sanathan Textiles' Piotroski F-Score has ranged from 4.00 to 4.00. According to the industry distribution chart, Sanathan Textiles ranks #664 out of 1045 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.5%.
Is Sanathan Textiles' Piotroski F-Score too high?
Sanathan Textiles' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 4.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Sanathan Textiles' value of 4 is 20% below this industry median. Based on the distribution chart, Sanathan Textiles ranks #664 out of 1045 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sanathan Textiles has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sanathan Textiles' Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sanathan Textiles ranks #664 out of 1045 companies for Piotroski F-Score. This places Sanathan Textiles in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sanathan Textiles' value of 4 is 20% below this benchmark. Historically, Sanathan Textiles' own Piotroski F-Score has ranged from 4.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Sanathan Textiles 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,045 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. Sanathan Textiles's current Piotroski F-Score of 4 is 20% 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 Sanathan Textiles and its competitors. For the Manufacturing - Apparel & Accessories 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. Sanathan Textiles's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanathan Textiles stock overvalued right now?
Sanathan Textiles (NSE:SANATHAN) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Manufacturing - Apparel & Accessories industry median of 5.00. Sanathan Textiles' overall GF Score™ is 12/100 with 6 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 Sanathan Textiles (NSE:SANATHAN), the current Piotroski F-Score is 4 as of Aug. 08, 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.
Sanathan Textiles Ltd is company in India with a presence across the polyester, cotton and technical textile (which find application in multiple end-use segments including automotive, healthcare, construction, sports and outdoor, and protective clothing) sectors. The company also has products such as dope dyed, superfine/micro, functional, industrial and technical yarn, cationic dyeable and specialty yarn produced after extensive in-house research. These products are tailor-made to customer requirements and have properties and characteristics that are distinctive from other products. Geographically, the company generates the majority of its revenue from India.
12GF Score
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