Vivid Electromech (NSE:VIVIDEL) Piotroski F-Score: 8 (As of Aug. 09, 2026) — Near Median

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NSE:VIVIDEL Vivid Electromech Ltd NSE:VIVIDEL
18 GF Score
Price ₹1,448.00
! 6 Warning Signs
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What is Vivid Electromech Piotroski F-Score?

Vivid Electromech NSE:VIVIDEL +5.00% 18 Piotroski F-Score is 8 as of Aug. 09, 2026, which is at its 10-year median of 8.00. GuruFocus rates NSE:VIVIDEL with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 2,944 Industrial Products companies, Vivid Electromech ranks better than 97.79% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Vivid Electromech has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Vivid Electromech's Piotroski F-Score or its related term are showing as below:

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

During the past 3 years, the highest Piotroski F-Score of Vivid Electromech was 8. The lowest was 8. And the median was 8.

Vivid Electromech  (NSE:VIVIDEL) 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.


Vivid Electromech Piotroski F-Score Related Terms


Vivid Electromech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vivid Electromech'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.

Vivid Electromech Piotroski F-Score Chart

Vivid Electromech Annual Data
Trend Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 8.00

Vivid Electromech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
Piotroski F-Score N/A N/A 8.00 0.00

NSE:VIVIDEL vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Vivid Electromech'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.


Vivid Electromech Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vivid Electromech's Piotroski F-Score distribution charts can be found below:

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


NSE:VIVIDEL
18GF Score
Vivid Electromech Ltd NSE:VIVIDEL
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was ₹202.4 Mil.
Cash Flow from Operations was ₹68.9 Mil.
Revenue was ₹1,549.6 Mil.
Gross Profit was ₹422.7 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (623.772 + 1153.028) / 2 = ₹888.4 Mil.
Total Assets at the begining of this year (Mar24) was ₹623.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2.3 Mil.
Total Current Assets was ₹880.8 Mil.
Total Current Liabilities was ₹727.8 Mil.
Net Income was ₹42.8 Mil.

Revenue was ₹888.5 Mil.
Gross Profit was ₹184.4 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (551.382 + 623.772) / 2 = ₹587.577 Mil.
Total Assets at the begining of last year (Mar23) was ₹551.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹10.4 Mil.
Total Current Assets was ₹361.3 Mil.
Total Current Liabilities was ₹393.9 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.

Vivid Electromech's current Net Income (TTM) was 202.4. ==> 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.

Vivid Electromech's current Cash Flow from Operations (TTM) was 68.9. ==> 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)
=202.44/623.772
=0.32454166

ROA (Last Year)=Net Income/Total Assets (Mar23)
=42.8/551.382
=0.07762314

Vivid Electromech's return on assets of this year was 0.32454166. Vivid Electromech's return on assets of last year was 0.07762314. ==> 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.

Vivid Electromech's current Net Income (TTM) was 202.4. Vivid Electromech's current Cash Flow from Operations (TTM) was 68.9. ==> 68.9 <= 202.4 ==> 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
=2.257/888.4
=0.00254052

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=10.44/587.577
=0.01776788

Vivid Electromech's gearing of this year was 0.00254052. Vivid Electromech's gearing of last year was 0.01776788. ==> 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
=880.756/727.801
=1.21016047

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=361.314/393.914
=0.91724082

Vivid Electromech's current ratio of this year was 1.21016047. Vivid Electromech's current ratio of last year was 0.91724082. ==> 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.

Vivid Electromech's number of shares in issue this year was 8.888. Vivid Electromech's number of shares in issue last year was 8.888. ==> 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
=422.696/1549.634
=0.27277151

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=184.403/888.506
=0.20754277

Vivid Electromech's gross margin of this year was 0.27277151. Vivid Electromech's gross margin of last year was 0.20754277. ==> 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 (Mar24)
=1549.634/623.772
=2.48429554

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=888.506/551.382
=1.6114164

Vivid Electromech's asset turnover of this year was 2.48429554. Vivid Electromech's asset turnover of last year was 1.6114164. ==> 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+1+0+1+1+1+1+1
=8

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

Vivid Electromech has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Vivid Electromech (NSE:VIVIDEL) has a Piotroski F-Score of 8 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vivid Electromech and its competitors. This is near median its historical median of 8.00. Over the past decade, Vivid Electromech's Piotroski F-Score has ranged from 8.00 to 8.00. According to the industry distribution chart, Vivid Electromech ranks #65 out of 2944 companies in the Industrial Products industry, placing it in the top 2.2%.
Is Vivid Electromech's Piotroski F-Score too high?
Vivid Electromech's current Piotroski F-Score of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Vivid Electromech's value of 8 is 60% above this industry median. Based on the distribution chart, Vivid Electromech ranks #65 out of 2944 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vivid Electromech has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Vivid Electromech's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Vivid Electromech ranks #65 out of 2944 companies for Piotroski F-Score. This places Vivid Electromech in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Vivid Electromech's value of 8 is 60% above this benchmark. Historically, Vivid Electromech's own Piotroski F-Score has ranged from 8.00 to 8.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Vivid Electromech 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,944 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. Vivid Electromech's current Piotroski F-Score of 8 is 60% 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 Vivid Electromech and its competitors. For the Industrial Products 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. Vivid Electromech's current Piotroski F-Score is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Electromech stock overvalued right now?
Vivid Electromech (NSE:VIVIDEL) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is near median its 10-year median of 8.00 and 60% above the Industrial Products industry median of 5.00. Vivid Electromech's overall GF Score™ is 18/100 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 Vivid Electromech (NSE:VIVIDEL), the current Piotroski F-Score is 8 as of Aug. 09, 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.

Vivid Electromech Business Description

Address Plot No. A-173/7, Vivid House, T.T.C Industrial Area, MIDC, Kopar Khairane, Navi Mumbai, MH, IND, 400710
Vivid Electromech Ltd is engaged in panel manufacturing and system integration, offering electrical and automation solutions that cover engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems. Its product portfolio includes LV electrical panels, including Power Control Centre Panels, Intelligent Motor Control Centre Panels, Soft Starter Panels, Motor Control Centre Panels, DG Synchronisation Panels, Power Distribution Boards and Units, Automatic Power Factor Correction Panels, etc. Its products are used for applications in power distribution, load management, process control, and industrial automation across multiple sectors. The majority of the company's revenue is derived from the sale of its products, mainly from LV Panels.
18GF Score

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

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