NSSC (NAPCO Security Technologies) Piotroski F-Score: 7 (As of Aug. 19, 2026) — Near Median

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NSSC NAPCO Security Technologies Inc NSSC
99 GF Score
Price $38.03
GF Value $43.03
Valuation Modestly Undervalued
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What is NAPCO Security Technologies Piotroski F-Score?

NAPCO Security Technologies NSSC +0.53% 99 Piotroski F-Score is 7 as of Aug. 19, 2026, which is at its 10-year median of 7.00. GuruFocus rates NSSC with a GF Score™ of 99/100 and a GF Value™ of $43.03 (Modestly Undervalued). Among 1,060 Business Services companies, NAPCO Security Technologies ranks better than 89.15% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

NAPCO Security Technologies has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

NSSC' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of NAPCO Security Technologies was 8. The lowest was 4. And the median was 7.

NAPCO Security Technologies  (NAS:NSSC) 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.


NAPCO Security Technologies Piotroski F-Score Related Terms


NAPCO Security Technologies Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for NAPCO Security Technologies'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.

NAPCO Security Technologies Piotroski F-Score Chart

NAPCO Security Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 6.00 6.00 6.00

NAPCO Security Technologies 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 6.00 6.00 7.00 7.00 7.00

NSSC vs EVLV, MG, CIX: Piotroski F-Score Comparison

For the Security & Protection Services subindustry, NAPCO Security Technologies'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.


NAPCO Security Technologies Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where NAPCO Security Technologies's Piotroski F-Score falls into.


NSSC
99GF Score
NAPCO Security Technologies Inc NSSC
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 11.632 + 12.165 + 13.503 + -0.408 = $36.9 Mil.
Cash Flow from Operations was 14.624 + 11.637 + 15.098 + 16.756 = $58.1 Mil.
Revenue was 50.724 + 49.168 + 48.172 + 49.167 = $197.2 Mil.
Gross Profit was 26.798 + 27.846 + 28.238 + 29.489 = $112.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(190.863 + 198.141 + 205.967 + 212.823 + 222.009) / 5 = $205.9606 Mil.
Total Assets at the begining of this year (Mar25) was $190.9 Mil.
Long-Term Debt & Capital Lease Obligation was $5.2 Mil.
Total Current Assets was $192.8 Mil.
Total Current Liabilities was $39.0 Mil.
Net Income was 13.534 + 11.185 + 10.467 + 10.122 = $45.3 Mil.

Revenue was 50.33 + 44.003 + 42.933 + 43.961 = $181.2 Mil.
Gross Profit was 27.845 + 24.616 + 24.489 + 25.127 = $102.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(194.792 + 207.752 + 209.891 + 202.684 + 190.863) / 5 = $201.1964 Mil.
Total Assets at the begining of last year (Mar24) was $194.8 Mil.
Long-Term Debt & Capital Lease Obligation was $5.4 Mil.
Total Current Assets was $152.4 Mil.
Total Current Liabilities was $22.6 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.

NAPCO Security Technologies's current Net Income (TTM) was 36.9. ==> 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.

NAPCO Security Technologies's current Cash Flow from Operations (TTM) was 58.1. ==> 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)
=36.892/190.863
=0.19329048

ROA (Last Year)=Net Income/Total Assets (Mar24)
=45.308/194.792
=0.23259682

NAPCO Security Technologies's return on assets of this year was 0.19329048. NAPCO Security Technologies's return on assets of last year was 0.23259682. ==> 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.

NAPCO Security Technologies's current Net Income (TTM) was 36.9. NAPCO Security Technologies's current Cash Flow from Operations (TTM) was 58.1. ==> 58.1 > 36.9 ==> 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
=5.217/205.9606
=0.02533009

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=5.376/201.1964
=0.02672016

NAPCO Security Technologies's gearing of this year was 0.02533009. NAPCO Security Technologies's gearing of last year was 0.02672016. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=192.774/38.976
=4.94596675

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=152.383/22.612
=6.73903237

NAPCO Security Technologies's current ratio of this year was 4.94596675. NAPCO Security Technologies's current ratio of last year was 6.73903237. ==> 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.

NAPCO Security Technologies's number of shares in issue this year was 35.691. NAPCO Security Technologies's number of shares in issue last year was 36.253. ==> 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
=112.371/197.231
=0.56974309

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=102.077/181.227
=0.56325492

NAPCO Security Technologies's gross margin of this year was 0.56974309. NAPCO Security Technologies's gross margin of last year was 0.56325492. ==> 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)
=197.231/190.863
=1.03336425

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=181.227/194.792
=0.93036162

NAPCO Security Technologies's asset turnover of this year was 1.03336425. NAPCO Security Technologies's asset turnover of last year was 0.93036162. ==> 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+1+0+1+1+1
=7

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

NAPCO Security Technologies has an F-score of 7. 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 7 mean?
NAPCO Security Technologies (NSSC) has a Piotroski F-Score of 7 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NAPCO Security Technologies and its competitors. This is near median its historical median of 7.00. Over the past decade, NAPCO Security Technologies' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, NAPCO Security Technologies ranks #115 out of 1060 companies in the Business Services industry, placing it in the top 10.8%.
Is NAPCO Security Technologies' Piotroski F-Score too high?
NAPCO Security Technologies' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. NAPCO Security Technologies' value of 7 is 40% above this industry median. Based on the distribution chart, NAPCO Security Technologies ranks #115 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, NAPCO Security Technologies has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NAPCO Security Technologies' Piotroski F-Score compare to EVLV and MG?
According to the Business Services industry distribution chart, NAPCO Security Technologies ranks #115 out of 1060 companies for Piotroski F-Score. This places NAPCO Security Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. NAPCO Security Technologies' value of 7 is 40% above this benchmark. Historically, NAPCO Security Technologies' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, NAPCO Security Technologies 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 a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,060 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. NAPCO Security Technologies's current Piotroski F-Score of 7 is 40% 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 NAPCO Security Technologies and its competitors. For the Business Services 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. NAPCO Security Technologies's current Piotroski F-Score is 7, which is near 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 NAPCO Security Technologies stock overvalued right now?
Based on GuruFocus' analysis, NAPCO Security Technologies (NSSC) is currently considered Modestly Undervalued. The stock's GF Value™ is $43.03, compared to a current price of $38.03 — trading 11.6% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Business Services industry median of 5.00. NAPCO Security Technologies' overall GF Score™ is 99/100. 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 NAPCO Security Technologies (NSSC), the current Piotroski F-Score is 7 as of Aug. 19, 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 NAPCO Security Technologies (NSSC) Overvalued in 2026?

Based on GuruFocus' analysis, NAPCO Security Technologies stock appears to be undervalued. The current stock price of $38.03 is trading 11.6% below its estimated GF Value™ of $43.03. GuruFocus considers NAPCO Security Technologies to be Modestly Undervalued.

Key valuation signals for NSSC:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: $43.03 vs. price of $38.03 (11.6% below fair value)
  • GF Score™: 99/100
  • Industry Position: 40% above the Business Services median (#115 of 1060)

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


NAPCO Security Technologies Business Description

Address 333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses. Geographically, the company derives a majority of its revenue from the United States.
99GF Score

Get the complete analysis for NSSC

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

$38.03
Price
$43.03
GF Value