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Concepcion IndustrialPHS:CIC +0.91%75 Piotroski F-Score is 5 as of Aug. 10, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates PHS:CIC with a GF Score™ of 75/100 and a GF Value™ of ₱14.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,419 Hardware companies, Concepcion Industrial ranks better than 60.19% 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
Concepcion Industrial has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Concepcion Industrial's Piotroski F-Score or its related term are showing as below:
PHS:CIC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Concepcion Industrial was 9. The lowest was 3. And the median was 6.
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.
Concepcion Industrial Piotroski F-Score Related Terms
Concepcion Industrial Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Concepcion Industrial'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.
For the Consumer Electronics subindustry, Concepcion Industrial'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.
Concepcion Industrial Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Concepcion Industrial's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Concepcion Industrial'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 107.164 + 141.195 + 99.182 + 37.734 = ₱385 Mil. Cash Flow from Operations was 337.314 + 1129.551 + -622.784 + -420.83 = ₱423 Mil. Revenue was 3883.185 + 4591.559 + 4763.23 + 5149.696 = ₱18,388 Mil. Gross Profit was 1258.693 + 1308.985 + 1510.124 + 1482.149 = ₱5,560 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(13924.178 + 13653.712 + 14148.647 + 15921.096 + 15356.845) / 5 = ₱14600.8956 Mil. Total Assets at the begining of this year (Jun25) was ₱13,924 Mil. Long-Term Debt & Capital Lease Obligation was ₱437 Mil. Total Current Assets was ₱11,895 Mil. Total Current Liabilities was ₱6,803 Mil.
Net Income was 142.396 + 214.455 + 178.899 + 355.397 = ₱891 Mil.
Revenue was 3793.665 + 4459.573 + 4847.602 + 5223.721 = ₱18,325 Mil. Gross Profit was 1284.607 + 1338.72 + 1510.279 + 1699.264 = ₱5,833 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(14377.705 + 12953.242 + 13430.71 + 14715.476 + 13924.178) / 5 = ₱13880.2622 Mil. Total Assets at the begining of last year (Jun24) was ₱14,378 Mil. Long-Term Debt & Capital Lease Obligation was ₱164 Mil. Total Current Assets was ₱10,984 Mil. Total Current Liabilities was ₱5,601 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.
Concepcion Industrial's current Net Income (TTM) was 385.
==> 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.
Concepcion Industrial's return on assets of this year was 0.0276695. Concepcion Industrial's return on assets of last year was 0.06198117.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Concepcion Industrial's gearing of this year was 0.02993604. Concepcion Industrial's gearing of last year was 0.01181325.
==> 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
Concepcion Industrial's current ratio of this year was 1.74852264. Concepcion Industrial's current ratio of last year was 1.96092946.
==> 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.
Concepcion Industrial's number of shares in issue this year was 377.34. Concepcion Industrial's number of shares in issue last year was 394.886.
==> 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.
Concepcion Industrial's gross margin of this year was 0.30237387. Concepcion Industrial's gross margin of last year was 0.31830885.
==> 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
Concepcion Industrial's asset turnover of this year was 1.32055695. Concepcion Industrial's asset turnover of last year was 1.27451224.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Concepcion Industrial has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Concepcion Industrial (PHS:CIC) has a Piotroski F-Score of 5 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Concepcion Industrial and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Concepcion Industrial's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Concepcion Industrial ranks #963 out of 2419 companies in the Hardware industry, placing it in the top 39.8%.
Is Concepcion Industrial's Piotroski F-Score too high?
Concepcion Industrial's current Piotroski F-Score of 5 is 17% 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 9.00. The Hardware industry median Piotroski F-Score is 5.00. Concepcion Industrial's value of 5 is 0% at this industry median. Based on the distribution chart, Concepcion Industrial ranks #963 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Concepcion Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Concepcion Industrial's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Concepcion Industrial ranks #963 out of 2419 companies for Piotroski F-Score. This puts Concepcion Industrial in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Concepcion Industrial's value of 5 is 0% at this benchmark. Historically, Concepcion Industrial's 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 5.00, Concepcion Industrial 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,419 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. Concepcion Industrial's current Piotroski F-Score of 5 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 Concepcion Industrial and its competitors. For the Hardware 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. Concepcion Industrial's current Piotroski F-Score is 5, which is 17% 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 Concepcion Industrial stock overvalued right now?
Based on GuruFocus' analysis, Concepcion Industrial (PHS:CIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱14.86, compared to a current price of ₱11.10 — trading 25.3% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Hardware industry median of 5.00. Concepcion Industrial's overall GF Score™ is 75/100 with 4 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 Concepcion Industrial (PHS:CIC), the current Piotroski F-Score is 5 as of Aug. 10, 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 Concepcion Industrial (PHS:CIC) Overvalued in 2026?
Based on GuruFocus' analysis, Concepcion Industrial stock appears to be undervalued.
The current stock price of ₱11.10 is trading 25.3% below its estimated GF Value™ of ₱14.86.
GuruFocus considers Concepcion Industrial to be Modestly Undervalued.
Key valuation signals for PHS:CIC:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ₱14.86 vs. price of ₱11.10 (25.3% below fair value)
Industry Position: 0% at the Hardware median (#963 of 2419)
No single metric tells the full story. See the PHS:CIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concepcion Industrial Corp, through its subsidiaries, is engaged in supplying residential and commercial solutions, such as air conditioning equipment, refrigerators, laundry, kitchen and small domestic appliances, and elevators and escalators. The segments of the group are consumer business, commercial business, and Others. Key revenue is generated from Consumer business segment which include products and related services include HVAC for consumer use, domestic refrigeration products, laundry, kitchen and small domestic appliances. The company generates revenues from sales of its air conditioning units and refrigeration units through its subsidiaries CCAC and CDI.
75GF Score
Get the complete analysis for PHS:CIC
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