Snowman Logistics (NSE:SNOWMAN) Piotroski F-Score: 6 (As of Jul. 06, 2026) — Near Median


NSE:SNOWMAN Snowman Logistics Ltd NSE:SNOWMAN
78 GF Score
Price ₹37.91
GF Value ₹70.46
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Snowman Logistics Piotroski F-Score?

Snowman Logistics NSE:SNOWMAN -0.34% 78 Piotroski F-Score is 6 as of Jul. 06, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:SNOWMAN with a GF Score™ of 78/100 and a GF Value™ of ₹70.46 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 978 Transportation companies, Snowman Logistics ranks better than 72.49% 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

Snowman Logistics 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 Snowman Logistics's Piotroski F-Score or its related term are showing as below:

NSE:SNOWMAN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Snowman Logistics was 9. The lowest was 3. And the median was 6.

Snowman Logistics  (NSE:SNOWMAN) 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.


Snowman Logistics Piotroski F-Score Related Terms


Snowman Logistics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Snowman Logistics'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.

Snowman Logistics Piotroski F-Score Chart

Snowman Logistics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 5.00 5.00 6.00

Snowman Logistics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 0.00 0.00 6.00

NSE:SNOWMAN vs UPS, FDX, JBHT: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Snowman Logistics'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.


Snowman Logistics Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Snowman Logistics's Piotroski F-Score distribution charts can be found below:

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


NSE:SNOWMAN
78GF Score
Snowman Logistics Ltd NSE:SNOWMAN
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹33 Mil.
Cash Flow from Operations was ₹984 Mil.
Revenue was ₹6,044 Mil.
Gross Profit was ₹2,850 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (7712.504 + 7791.589) / 2 = ₹7752.0465 Mil.
Total Assets at the begining of this year (Mar25) was ₹7,713 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,743 Mil.
Total Current Assets was ₹1,275 Mil.
Total Current Liabilities was ₹962 Mil.
Net Income was ₹57 Mil.

Revenue was ₹5,525 Mil.
Gross Profit was ₹2,810 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (7464.168 + 7712.504) / 2 = ₹7588.336 Mil.
Total Assets at the begining of last year (Mar24) was ₹7,464 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,616 Mil.
Total Current Assets was ₹1,288 Mil.
Total Current Liabilities was ₹990 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.

Snowman Logistics's current Net Income (TTM) was 33. ==> 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.

Snowman Logistics's current Cash Flow from Operations (TTM) was 984. ==> 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 (Mar25)
=33.027/7712.504
=0.00428227

ROA (Last Year)=Net Income/Total Assets (Mar24)
=56.908/7464.168
=0.00762416

Snowman Logistics's return on assets of this year was 0.00428227. Snowman Logistics's return on assets of last year was 0.00762416. ==> 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.

Snowman Logistics's current Net Income (TTM) was 33. Snowman Logistics's current Cash Flow from Operations (TTM) was 984. ==> 984 > 33 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2742.62/7752.0465
=0.35379303

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2616.298/7588.336
=0.34477888

Snowman Logistics's gearing of this year was 0.35379303. Snowman Logistics's gearing of last year was 0.34477888. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1275.013/962.096
=1.32524509

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1287.595/990.023
=1.30057079

Snowman Logistics's current ratio of this year was 1.32524509. Snowman Logistics's current ratio of last year was 1.30057079. ==> 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.

Snowman Logistics's number of shares in issue this year was 165.135. Snowman Logistics's number of shares in issue last year was 167.376. ==> 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
=2850.264/6043.811
=0.47160045

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2810.261/5525.345
=0.50861277

Snowman Logistics's gross margin of this year was 0.47160045. Snowman Logistics's gross margin of last year was 0.50861277. ==> 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 (Mar25)
=6043.811/7712.504
=0.78363797

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5525.345/7464.168
=0.74024928

Snowman Logistics's asset turnover of this year was 0.78363797. Snowman Logistics's asset turnover of last year was 0.74024928. ==> 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+1+0+1+0+1+1+0+1
=6

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

Snowman Logistics has an F-score of 6 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 6 mean?
Snowman Logistics (NSE:SNOWMAN) has a Piotroski F-Score of 6 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Snowman Logistics and its competitors. This is near median its historical median of 6.00. Over the past decade, Snowman Logistics' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Snowman Logistics ranks #269 out of 978 companies in the Transportation industry, placing it in the top 27.5%.
Is Snowman Logistics' Piotroski F-Score too high?
Snowman Logistics' 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 9.00. The Transportation industry median Piotroski F-Score is 6.00. Snowman Logistics' value of 6 is 0% at this industry median. Based on the distribution chart, Snowman Logistics ranks #269 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Snowman Logistics has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Snowman Logistics' Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Snowman Logistics ranks #269 out of 978 companies for Piotroski F-Score. This puts Snowman Logistics in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Snowman Logistics' value of 6 is 0% at this benchmark. Historically, Snowman Logistics' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Snowman Logistics 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Snowman Logistics's current Piotroski F-Score of 6 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 Snowman Logistics and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snowman Logistics'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 Snowman Logistics stock overvalued right now?
Based on GuruFocus' analysis, Snowman Logistics (NSE:SNOWMAN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹70.46, compared to a current price of ₹37.91 — trading 46.2% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Transportation industry median of 6.00. Snowman Logistics' overall GF Score™ is 78/100 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 Snowman Logistics (NSE:SNOWMAN), the current Piotroski F-Score is 6 as of Jul. 06, 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 Snowman Logistics (NSE:SNOWMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Snowman Logistics stock appears to be undervalued. The current stock price of ₹37.91 is trading 46.2% below its estimated GF Value™ of ₹70.46. GuruFocus considers Snowman Logistics to be Significantly Undervalued.

Key valuation signals for NSE:SNOWMAN:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: ₹70.46 vs. price of ₹37.91 (46.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 0% at the Transportation median (#269 of 978)

No single metric tells the full story. See the NSE:SNOWMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Snowman Logistics Business Description

Other Exchanges 538635:India
Address Prius Platinum, Saket District Centre, Wing B, 4th Floor, Saket, New Delhi, IND, 110017
Snowman Logistics Ltd is an India-based company. It is engaged in providing integrated cold chain solutions. The company operates in four business segments. The warehousing services segment comprises of temperature-controlled warehousing services operating across locations servicing customers on a pan-India basis. The transportation services segment generally facilitates inter-city transport of products and includes door-to-door service. The consignment agency services segment provides retail distribution through a consignment agency model for customers and Trading and distribution. The warehousing services segment generate maximum revenue for the company.
78GF Score

Get the complete analysis for NSE:SNOWMAN

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹37.91
Price
₹70.46
GF Value