Slone Infosystems (NSE:SLONE) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 29% Below Median


NSE:SLONE Slone Infosystems Ltd NSE:SLONE
16 GF Score
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! 3 Warning Signs
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What is Slone Infosystems Piotroski F-Score?

Slone Infosystems NSE:SLONE -9.17% 16 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates NSE:SLONE with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Slone Infosystems ranks better than 59.56% 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

Slone Infosystems 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 Slone Infosystems's Piotroski F-Score or its related term are showing as below:

NSE:SLONE' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 7
Current: 5

During the past 5 years, the highest Piotroski F-Score of Slone Infosystems was 7. The lowest was 5. And the median was 7.

Slone Infosystems  (NSE:SLONE) 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.


Slone Infosystems Piotroski F-Score Related Terms


Slone Infosystems Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Slone Infosystems'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.

Slone Infosystems Piotroski F-Score Chart

Slone Infosystems Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 7.00 7.00 5.00

Slone Infosystems Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial 0.00 7.00 0.00 5.00 0.00

NSE:SLONE vs SNX, ARW, AVT: Piotroski F-Score Comparison

For the Electronics & Computer Distribution subindustry, Slone Infosystems'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.


Slone Infosystems Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Slone Infosystems's Piotroski F-Score distribution charts can be found below:

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


NSE:SLONE
16GF Score
Slone Infosystems Ltd NSE:SLONE
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 ₹74 Mil.
Cash Flow from Operations was ₹-85 Mil.
Revenue was ₹2,106 Mil.
Gross Profit was ₹174 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (208.689 + 577.805) / 2 = ₹393.247 Mil.
Total Assets at the begining of this year (Mar24) was ₹209 Mil.
Long-Term Debt & Capital Lease Obligation was ₹4 Mil.
Total Current Assets was ₹499 Mil.
Total Current Liabilities was ₹181 Mil.
Net Income was ₹42 Mil.

Revenue was ₹607 Mil.
Gross Profit was ₹127 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (119.071 + 208.689) / 2 = ₹163.88 Mil.
Total Assets at the begining of last year (Mar23) was ₹119 Mil.
Long-Term Debt & Capital Lease Obligation was ₹16 Mil.
Total Current Assets was ₹188 Mil.
Total Current Liabilities was ₹60 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.

Slone Infosystems's current Net Income (TTM) was 74. ==> 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.

Slone Infosystems's current Cash Flow from Operations (TTM) was -85. ==> 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.

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

ROA (This Year)=Net Income/Total Assets (Mar24)
=74.073/208.689
=0.35494444

ROA (Last Year)=Net Income/Total Assets (Mar23)
=41.869/119.071
=0.35163054

Slone Infosystems's return on assets of this year was 0.35494444. Slone Infosystems's return on assets of last year was 0.35163054. ==> This year is higher. ==> Score 1.

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.

Slone Infosystems's current Net Income (TTM) was 74. Slone Infosystems's current Cash Flow from Operations (TTM) was -85. ==> -85 <= 74 ==> CFROA <= ROA ==> Score 0.

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
=3.703/393.247
=0.00941647

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=15.702/163.88
=0.09581401

Slone Infosystems's gearing of this year was 0.00941647. Slone Infosystems's gearing of last year was 0.09581401. ==> 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

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=499.054/180.571
=2.76375498

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=188.047/60.428
=3.11191832

Slone Infosystems's current ratio of this year was 2.76375498. Slone Infosystems's current ratio of last year was 3.11191832. ==> 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.

Slone Infosystems's number of shares in issue this year was 5.13. Slone Infosystems's number of shares in issue last year was 5.269. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=174.189/2106.418
=0.08269441

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=126.57/606.927
=0.20854238

Slone Infosystems's gross margin of this year was 0.08269441. Slone Infosystems's gross margin of last year was 0.20854238. ==> 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)
=2106.418/208.689
=10.09357465

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=606.927/119.071
=5.09718571

Slone Infosystems's asset turnover of this year was 10.09357465. Slone Infosystems's asset turnover of last year was 5.09718571. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

Slone Infosystems has an F-score of 5 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 5 mean?
Slone Infosystems (NSE:SLONE) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Slone Infosystems and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Slone Infosystems' Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Slone Infosystems ranks #981 out of 2426 companies in the Hardware industry, placing it in the top 40.4%.
Is Slone Infosystems' Piotroski F-Score too high?
Slone Infosystems' current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Slone Infosystems' value of 5 is 0% at this industry median. Based on the distribution chart, Slone Infosystems ranks #981 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Slone Infosystems has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Slone Infosystems' Piotroski F-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Slone Infosystems ranks #981 out of 2426 companies for Piotroski F-Score. This puts Slone Infosystems in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Slone Infosystems' value of 5 is 0% at this benchmark. Historically, Slone Infosystems' own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Slone Infosystems has consistently been at 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. Slone Infosystems's current Piotroski F-Score of 5 is 0% at 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 Slone Infosystems and its competitors. For the Hardware 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. Slone Infosystems's current Piotroski F-Score is 5, which is 29% 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 Slone Infosystems stock overvalued right now?
Slone Infosystems (NSE:SLONE) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Hardware industry median of 5.00. Slone Infosystems' overall GF Score™ is 16/100 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 Slone Infosystems (NSE:SLONE), the current Piotroski F-Score is 5 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.

Slone Infosystems Business Description

Address 5th Road Khar West, Ground Floor, Mohini Heights CHS LTD, Behind Rajasthan Hotel, Khar Delivery, Mumbai, MH, IND, 400052
Slone Infosystems Ltd is an IT hardware solutions company based in India. The company is involved in the sale and rental of IT equipment such as laptops, desktops, servers, and workstations. Additionally, the company offers IT service solutions, including managing cloud servers and servicing IT equipment for corporate clients. The Company is engaged mainly in the business of dealing in computers and their components by way of resale trading or giving on a rental basis, which is considered to constitute one single segment.
16GF Score

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