Service Care (NSE:SERVICE) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 43% Below Median


NSE:SERVICE Service Care Ltd NSE:SERVICE
39 GF Score
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! 4 Warning Signs
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What is Service Care Piotroski F-Score?

Service Care NSE:SERVICE -2.78% 39 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates NSE:SERVICE with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,063 Business Services companies, Service Care ranks worse than 69.52% 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

Service Care 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 Service Care's Piotroski F-Score or its related term are showing as below:

NSE:SERVICE' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 4

During the past 6 years, the highest Piotroski F-Score of Service Care was 8. The lowest was 4. And the median was 7.

Service Care  (NSE:SERVICE) Piotroski F-Score Explanation

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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Service Care Piotroski F-Score Related Terms


Service Care Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Service Care'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.

Service Care Piotroski F-Score Chart

Service Care Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial N/A 8.00 8.00 5.00 4.00

Service Care Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 0.00 5.00 0.00 4.00 0.00

NSE:SERVICE vs KFY, RHI, TNET: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, Service Care'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.


Service Care Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Service Care's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Service Care's Piotroski F-Score falls into.


NSE:SERVICE
39GF Score
Service Care Ltd NSE:SERVICE
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was ₹20 Mil.
Cash Flow from Operations was ₹24 Mil.
Revenue was ₹1,890 Mil.
Gross Profit was ₹167 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (548.655 + 683.525) / 2 = ₹616.09 Mil.
Total Assets at the begining of this year (Mar24) was ₹549 Mil.
Long-Term Debt & Capital Lease Obligation was ₹12 Mil.
Total Current Assets was ₹303 Mil.
Total Current Liabilities was ₹199 Mil.
Net Income was ₹44 Mil.

Revenue was ₹1,928 Mil.
Gross Profit was ₹173 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (305.899 + 548.655) / 2 = ₹427.277 Mil.
Total Assets at the begining of last year (Mar23) was ₹306 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹318 Mil.
Total Current Liabilities was ₹212 Mil.

*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.

Service Care's current Net Income (TTM) was 20. ==> 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.

Service Care's current Cash Flow from Operations (TTM) was 24. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar24)
=20.147/548.655
=0.03672071

ROA (Last Year)=Net Income/Total Assets (Mar23)
=43.579/305.899
=0.14246205

Service Care's return on assets of this year was 0.03672071. Service Care's return on assets of last year was 0.14246205. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Service Care's current Net Income (TTM) was 20. Service Care's current Cash Flow from Operations (TTM) was 24. ==> 24 > 20 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=12.327/616.09
=0.02000844

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0/427.277
=0

Service Care's gearing of this year was 0.02000844. Service Care'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

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=303.059/199.468
=1.51933643

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=318.434/211.684
=1.50428941

Service Care's current ratio of this year was 1.51933643. Service Care's current ratio of last year was 1.50428941. ==> 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.

Service Care's number of shares in issue this year was 12.366. Service Care's number of shares in issue last year was 10.563. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=167.327/1890.102
=0.08852803

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=173.404/1928.109
=0.08993475

Service Care's gross margin of this year was 0.08852803. Service Care's gross margin of last year was 0.08993475. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=1890.102/548.655
=3.44497362

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=1928.109/305.899
=6.30309024

Service Care's asset turnover of this year was 3.44497362. Service Care's asset turnover of last year was 6.30309024. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+0+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Service Care has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Service Care (NSE:SERVICE) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Service Care and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, Service Care's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Service Care ranks #739 out of 1063 companies in the Business Services industry, placing it in the top 69.5%.
Is Service Care's Piotroski F-Score too high?
Service Care's current Piotroski F-Score of 4 is 43% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Service Care's value of 4 is 20% below this industry median. Based on the distribution chart, Service Care ranks #739 out of 1063 companies in the Business Services industry, which is below the industry midpoint. Overall, Service Care has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Service Care's Piotroski F-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Service Care ranks #739 out of 1063 companies for Piotroski F-Score. This places Service Care in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Service Care's value of 4 is 20% below this benchmark. Historically, Service Care's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Service Care 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. Service Care'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 Service Care and its competitors. For the Business 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. Service Care's current Piotroski F-Score is 4, which is 43% 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 Service Care stock overvalued right now?
Service Care (NSE:SERVICE) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Business Services industry median of 5.00. Service Care's overall GF Score™ is 39/100 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 Service Care (NSE:SERVICE), the current Piotroski F-Score is 4 as of Jun. 27, 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.

Service Care Business Description

Address 2nd Main Road, No. 653, 1st Floor, Domlur Layout, Bangalore, KA, IND, 560071
Service Care Ltd operates in three main areas: Facility Management, Workspace Management, and Workforce Management. Facility Management includes services such as housekeeping, sanitation, security, and pest control. Workspace Management focuses on customized space design and integrated utilities management. Workforce Management involves compliant deployment, timely onboarding, and thorough background verification. The company has two segments: the Service Business, which encompasses housekeeping and janitorial services, and the Manpower Service Business. Notably, the majority of the company's revenue is generated from the Manpower Service Business.
39GF Score

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