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Whirlpool of IndiaNSE:WHIRLPOOL -1.60%78 Piotroski F-Score is 3 as of Jul. 23, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates NSE:WHIRLPOOL with a GF Score™ of 78/100 and a GF Value™ of ₹1,707.47 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Whirlpool of India ranks worse than 79.72% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Whirlpool of India has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Whirlpool of India's Piotroski F-Score or its related term are showing as below:
NSE:WHIRLPOOL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 7
Current: 3
During the past 13 years, the highest Piotroski F-Score of Whirlpool of India was 7. The lowest was 3. And the median was 6.
Whirlpool of India (NSE:WHIRLPOOL) 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.
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.
Whirlpool of India Piotroski F-Score Related Terms
Whirlpool of India Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Whirlpool of 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.
NSE:WHIRLPOOL vs SN, SGI, MHK: Piotroski F-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Whirlpool of 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.
Whirlpool of India Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool of India's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Whirlpool of India's Piotroski F-Score falls into.
* 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.
*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.
Whirlpool of India's current Net Income (TTM) was 2,938.
==> 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.
Whirlpool of India's return on assets of this year was 0.04335403. Whirlpool of India's return on assets of last year was 0.05847039.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Whirlpool of India's gearing of this year was 0.04121034. Whirlpool of India's gearing of last year was 0.0349302.
==> 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
Whirlpool of India's current ratio of this year was 2.03432997. Whirlpool of India's current ratio of last year was 2.12660322.
==> 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.
Whirlpool of India's number of shares in issue this year was 126.89. Whirlpool of India's number of shares in issue last year was 126.855.
==> 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.
Whirlpool of India's gross margin of this year was 0.33465311. Whirlpool of India's gross margin of last year was 0.34025686.
==> 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
Whirlpool of India's asset turnover of this year was 1.18575302. Whirlpool of India's asset turnover of last year was 1.28982908.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Whirlpool of India has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Whirlpool of India (NSE:WHIRLPOOL) has a Piotroski F-Score of 3 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Whirlpool of India and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Whirlpool of India's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Whirlpool of India ranks #338 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.7%.
Is Whirlpool of India's Piotroski F-Score too high?
Whirlpool of India's current Piotroski F-Score of 3 is 50% below 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 7.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. Whirlpool of India's value of 3 is 40% below this industry median. Based on the distribution chart, Whirlpool of India ranks #338 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Whirlpool of India has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Whirlpool of India's Piotroski F-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Whirlpool of India ranks #338 out of 424 companies for Piotroski F-Score. This places Whirlpool of India in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Whirlpool of India's value of 3 is 40% below this benchmark. Historically, Whirlpool of India's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Whirlpool of 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 Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 424 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. Whirlpool of India's current Piotroski F-Score of 3 is 40% 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 Whirlpool of India and its competitors. For the Furnishings, Fixtures & Appliances 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. Whirlpool of India's current Piotroski F-Score is 3, which is 50% below 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 Whirlpool of India stock overvalued right now?
Based on GuruFocus' analysis, Whirlpool of India (NSE:WHIRLPOOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,707.47, compared to a current price of ₹770.75 — trading 54.9% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Furnishings, Fixtures & Appliances industry median of 5.00. Whirlpool of India's overall GF Score™ is 78/100 with 5 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 Whirlpool of India (NSE:WHIRLPOOL), the current Piotroski F-Score is 3 as of Jul. 23, 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 Whirlpool of India (NSE:WHIRLPOOL) Overvalued in 2026?
Based on GuruFocus' analysis, Whirlpool of India stock appears to be undervalued.
The current stock price of ₹770.75 is trading 54.9% below its estimated GF Value™ of ₹1,707.47.
GuruFocus considers Whirlpool of India to be Possible Value Trap.
Key valuation signals for NSE:WHIRLPOOL:
Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
GF Value™: ₹1,707.47 vs. price of ₹770.75 (54.9% below fair value)
Industry Position: 40% below the Furnishings, Fixtures & Appliances median (#338 of 424)
No single metric tells the full story. See the NSE:WHIRLPOOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whirlpool of India Ltd is an India-based company that is principally engaged in producing and selling home appliances. Its products consist of refrigerators, washing machines, air conditioners, water purifiers, microwave ovens, small domestic appliances, built-in appliances, and others. The company's operations predominantly comprise only one segment i.e. Home Appliances. The company also offers services to customers. It generates the majority of its revenue from the Indian domestic market, with the rest from overseas markets.
78GF Score
Get the complete analysis for NSE:WHIRLPOOL
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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