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Sangani HospitalsNSE:SANGANI -2.30%81 Piotroski F-Score is 6 as of Sep. 21, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:SANGANI with a GF Score™ of 81/100 and a GF Value™ of ₹303.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 651 Healthcare Providers & Services companies, Sangani Hospitals ranks better than 74.81% 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
Sangani Hospitals 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 Sangani Hospitals's Piotroski F-Score or its related term are showing as below:
NSE:SANGANI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 7 years, the highest Piotroski F-Score of Sangani Hospitals was 8. The lowest was 3. 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.
Sangani Hospitals Piotroski F-Score Related Terms
Sangani Hospitals Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sangani Hospitals'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:SANGANI vs HCA, THC, EHC: Piotroski F-Score Comparison
For the Medical Care Facilities subindustry, Sangani Hospitals'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.
Sangani Hospitals Piotroski F-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Sangani Hospitals's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sangani Hospitals'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.
Sangani Hospitals's current Net Income (TTM) was 50.
==> 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.
Sangani Hospitals's return on assets of this year was 0.12769618. Sangani Hospitals's return on assets of last year was 0.07322274.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sangani Hospitals's gearing of this year was 0.01668604. Sangani Hospitals's gearing of last year was 0.0022872.
==> 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
Sangani Hospitals's current ratio of this year was 1.33548099. Sangani Hospitals's current ratio of last year was 9.61888416.
==> 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.
Sangani Hospitals's number of shares in issue this year was 0. Sangani Hospitals's number of shares in issue last year was 0.
==> 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.
Sangani Hospitals's gross margin of this year was 0.25110581. Sangani Hospitals's gross margin of last year was 0.42407907.
==> 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
Sangani Hospitals's asset turnover of this year was 2.72988094. Sangani Hospitals's asset turnover of last year was 0.59831001.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sangani Hospitals has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Sangani Hospitals (NSE:SANGANI) has a Piotroski F-Score of 6 as of Sep. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sangani Hospitals and its competitors. This is near median its historical median of 6.00. Over the past decade, Sangani Hospitals' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Sangani Hospitals ranks #164 out of 651 companies in the Healthcare Providers & Services industry, placing it in the top 25.2%.
Is Sangani Hospitals' Piotroski F-Score too high?
Sangani Hospitals' 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 3.00 to a high of 8.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Sangani Hospitals' value of 6 is 20% above this industry median. Based on the distribution chart, Sangani Hospitals ranks #164 out of 651 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Sangani Hospitals has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sangani Hospitals' Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Sangani Hospitals ranks #164 out of 651 companies for Piotroski F-Score. This puts Sangani Hospitals in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sangani Hospitals' value of 6 is 20% above this benchmark. Historically, Sangani Hospitals' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sangani Hospitals 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 651 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. Sangani Hospitals'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 Sangani Hospitals and its competitors. For the Healthcare Providers & Services 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. Sangani Hospitals'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 Sangani Hospitals stock overvalued right now?
Based on GuruFocus' analysis, Sangani Hospitals (NSE:SANGANI) is currently considered Possible Value Trap. The stock's GF Value™ is ₹303.41, compared to a current price of ₹48.75 — trading 83.9% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Healthcare Providers & Services industry median of 5.00. Sangani Hospitals' overall GF Score™ is 81/100 with 7 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 Sangani Hospitals (NSE:SANGANI), the current Piotroski F-Score is 6 as of Sep. 21, 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.
Is Sangani Hospitals (NSE:SANGANI) Overvalued in 2026?
Based on GuruFocus' analysis, Sangani Hospitals stock appears to be undervalued.
The current stock price of ₹48.75 is trading 83.9% below its estimated GF Value™ of ₹303.41.
GuruFocus considers Sangani Hospitals to be Possible Value Trap.
Key valuation signals for NSE:SANGANI:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ₹303.41 vs. price of ₹48.75 (83.9% below fair value)
Industry Position: 20% above the Healthcare Providers & Services median (#164 of 651)
No single metric tells the full story. See the NSE:SANGANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat. Its services predominantly include super specialty services, specialty services, and other support services. It also operates a pathology laboratory and medical store. Currently, it operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. The company operates in a single segment, which is Healthcare. The company operates departments and units, including General Medicine, ENT, Dialysis, Orthopedics, General Surgery, Urosurgery, Trauma, and Physiotherapy.
81GF Score
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