Uniparts India (NSE:UNIPARTS) Piotroski F-Score: 4 (As of Jun. 28, 2026) — 33% Above Median


NSE:UNIPARTS Uniparts India Ltd NSE:UNIPARTS
72 GF Score
Price ₹651.85
GF Value ₹533.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Uniparts India Piotroski F-Score?

Uniparts India NSE:UNIPARTS -2.72% 72 Piotroski F-Score is 4 as of Jun. 28, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates NSE:UNIPARTS with a GF Score™ of 72/100 and a GF Value™ of ₹533.24 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Uniparts India ranks worse than 69.08% 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

Uniparts India 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 Uniparts India's Piotroski F-Score or its related term are showing as below:

NSE:UNIPARTS' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 4
Current: 4

During the past 7 years, the highest Piotroski F-Score of Uniparts India was 4. The lowest was 3. And the median was 3.

Uniparts India  (NSE:UNIPARTS) 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.


Uniparts India Piotroski F-Score Related Terms


Uniparts India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Uniparts India'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.

Uniparts India Piotroski F-Score Chart

Uniparts India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 3.00 3.00 4.00

Uniparts India Quarterly Data
Mar20 Mar21 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 3.00 3.00 5.00 5.00 4.00

NSE:UNIPARTS vs CAT, DE, PCAR: Piotroski F-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, Uniparts India'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.


Uniparts India Piotroski F-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Uniparts India's Piotroski F-Score distribution charts can be found below:

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


NSE:UNIPARTS
72GF Score
Uniparts India Ltd NSE:UNIPARTS
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 344.64 + 393.85 + 333.22 + 511.45 = ₹1,583 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = ₹0 Mil.
Revenue was 2736.45 + 2768.3 + 2810.03 + 3389.25 = ₹11,704 Mil.
Gross Profit was 1795.1 + 1922.27 + 1896.16 + 2194.17 = ₹7,808 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(11696.37 + 0 + 12460.71 + 0 + 12548.78) / 5 = ₹12235.28666667 Mil.
Total Assets at the begining of this year (Mar25) was ₹11,696 Mil.
Long-Term Debt & Capital Lease Obligation was ₹586 Mil.
Total Current Assets was ₹8,681 Mil.
Total Current Liabilities was ₹2,817 Mil.
Net Income was 248.92 + 211.46 + 191.38 + 228.28 = ₹880 Mil.

Revenue was 2611.85 + 2414.06 + 2083.03 + 2527.98 = ₹9,637 Mil.
Gross Profit was 1627.16 + 1507.3 + 1389.34 + 1563.51 = ₹6,087 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(11287.53 + 0 + 11519.2 + 0 + 11696.37) / 5 = ₹11501.03333333 Mil.
Total Assets at the begining of last year (Mar24) was ₹11,288 Mil.
Long-Term Debt & Capital Lease Obligation was ₹264 Mil.
Total Current Assets was ₹8,140 Mil.
Total Current Liabilities was ₹2,164 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.

Uniparts India's current Net Income (TTM) was 1,583. ==> 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.

Uniparts India's current Cash Flow from Operations (TTM) was 0. ==> 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 (Mar25)
=1583.16/11696.37
=0.13535482

ROA (Last Year)=Net Income/Total Assets (Mar24)
=880.04/11287.53
=0.07796568

Uniparts India's return on assets of this year was 0.13535482. Uniparts India's return on assets of last year was 0.07796568. ==> 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.

Uniparts India's current Net Income (TTM) was 1,583. Uniparts India's current Cash Flow from Operations (TTM) was 0. ==> 0 <= 1,583 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=585.63/12235.28666667
=0.04786402

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=263.82/11501.03333333
=0.02293881

Uniparts India's gearing of this year was 0.04786402. Uniparts India's gearing of last year was 0.02293881. ==> 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
=8680.59/2817.12
=3.08137034

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8140.29/2163.53
=3.76250387

Uniparts India's current ratio of this year was 3.08137034. Uniparts India's current ratio of last year was 3.76250387. ==> 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.

Uniparts India's number of shares in issue this year was 45.141. Uniparts India's number of shares in issue last year was 45.115. ==> 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
=7807.7/11704.03
=0.66709501

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6087.31/9636.92
=0.63166551

Uniparts India's gross margin of this year was 0.66709501. Uniparts India's gross margin of last year was 0.63166551. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=11704.03/11696.37
=1.0006549

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=9636.92/11287.53
=0.85376694

Uniparts India's asset turnover of this year was 1.0006549. Uniparts India's asset turnover of last year was 0.85376694. ==> 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+0+0+0+1+1
=4

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

Uniparts India 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?
Uniparts India (NSE:UNIPARTS) has a Piotroski F-Score of 4 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Uniparts India and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Uniparts India's Piotroski F-Score has ranged from 3.00 to 4.00. According to the industry distribution chart, Uniparts India ranks #143 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 69.1%.
Is Uniparts India's Piotroski F-Score too high?
Uniparts India's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 4.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Uniparts India's value of 4 is 20% below this industry median. Based on the distribution chart, Uniparts India ranks #143 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Uniparts India has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uniparts India's Piotroski F-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Uniparts India ranks #143 out of 207 companies for Piotroski F-Score. This places Uniparts India in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Uniparts India's value of 4 is 20% below this benchmark. Historically, Uniparts India's own Piotroski F-Score has ranged from 3.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Uniparts India 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 207 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. Uniparts India'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 Uniparts India and its competitors. For the Farm & Heavy Construction Machinery 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. Uniparts India's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniparts India stock overvalued right now?
Based on GuruFocus' analysis, Uniparts India (NSE:UNIPARTS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹533.24, compared to a current price of ₹651.85 — trading 22.2% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Farm & Heavy Construction Machinery industry median of 5.00. Uniparts India's overall GF Score™ is 72/100 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 Uniparts India (NSE:UNIPARTS), the current Piotroski F-Score is 4 as of Jun. 28, 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 Uniparts India (NSE:UNIPARTS) Overvalued in 2026?

Based on GuruFocus' analysis, Uniparts India stock appears to be overvalued. The current stock price of ₹651.85 is trading 22.2% above its estimated GF Value™ of ₹533.24. GuruFocus considers Uniparts India to be Modestly Overvalued.

Key valuation signals for NSE:UNIPARTS:

  • Piotroski F-Score: 4 (33% above median its 10-year median of 3.00)
  • GF Value™: ₹533.24 vs. price of ₹651.85 (22.2% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 20% below the Farm & Heavy Construction Machinery median (#143 of 207)

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


Uniparts India Business Description

Other Exchanges 543689:India
Address A1 & A2, Phase-II, 1 st Floor, B208, Noida, UP, IND, 201 305
Uniparts India Ltd is a manufacturer of engineered systems and solutions. The company is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors. The company's product portfolio includes core product verticals of three point linkage systems and precision machined parts as well as adjacent product verticals of power take-off fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles with a presence across the value chain. Geographically the company derives its revenue from USA, Asia Pacific, Europe, India, Japan, Rest of the world, where the majority is being generated from the USA.
72GF Score

Get the complete analysis for NSE:UNIPARTS

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

₹651.85
Price
₹533.24
GF Value