Advanced Petrochemical Co (SAU:2330) Piotroski F-Score: 8 (As of Jul. 01, 2026) — 33% Above Median


SAU:2330 Advanced Petrochemical Co SAU:2330
66 GF Score
Price ﷼23.74
GF Value ﷼64.75
Valuation Possible Value Trap
! 10 Warning Signs
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What is Advanced Petrochemical Co Piotroski F-Score?

Advanced Petrochemical Co SAU:2330 -1.08% 66 Piotroski F-Score is 8 as of Jul. 01, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates SAU:2330 with a GF Score™ of 66/100 and a GF Value™ of ﷼64.75 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,564 Chemicals companies, Advanced Petrochemical Co ranks better than 97.31% 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

Advanced Petrochemical Co 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 Advanced Petrochemical Co's Piotroski F-Score or its related term are showing as below:

SAU:2330' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Advanced Petrochemical Co was 8. The lowest was 2. And the median was 6.

Advanced Petrochemical Co  (SAU:2330) 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.


Advanced Petrochemical Co Piotroski F-Score Related Terms


Advanced Petrochemical Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Advanced Petrochemical Co'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.

Advanced Petrochemical Co Piotroski F-Score Chart

Advanced Petrochemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 6.00 3.00 8.00

Advanced Petrochemical Co 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 2.00 2.00 6.00 8.00 8.00

SAU:2330 vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Advanced Petrochemical Co'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.


Advanced Petrochemical Co Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advanced Petrochemical Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Advanced Petrochemical Co's Piotroski F-Score falls into.


SAU:2330
66GF Score
Advanced Petrochemical Co SAU:2330
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 81.613 + 71.813 + 1.099 + 29.905 = ﷼184 Mil.
Cash Flow from Operations was 268.86 + 394.069 + -43.393 + 166.959 = ﷼786 Mil.
Revenue was 698.405 + 1017.746 + 1171.656 + 1079.071 = ﷼3,967 Mil.
Gross Profit was 133.908 + 234.604 + 194.209 + 177.566 = ﷼740 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(13069.097 + 13724.339 + 14429.517 + 14356.479 + 14327.26) / 5 = ﷼13981.3384 Mil.
Total Assets at the begining of this year (Mar25) was ﷼13,069 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼8,289 Mil.
Total Current Assets was ﷼1,504 Mil.
Total Current Liabilities was ﷼2,865 Mil.
Net Income was 41.558 + 45.521 + -287.889 + 71.701 = ﷼-129 Mil.

Revenue was 649.055 + 642.958 + 579.394 + 614.132 = ﷼2,486 Mil.
Gross Profit was 122.897 + 118.94 + 19.33 + 107.304 = ﷼368 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(11272.654 + 11878.095 + 12516.457 + 12559.447 + 13069.097) / 5 = ﷼12259.15 Mil.
Total Assets at the begining of last year (Mar24) was ﷼11,273 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼8,361 Mil.
Total Current Assets was ﷼1,280 Mil.
Total Current Liabilities was ﷼1,208 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.

Advanced Petrochemical Co's current Net Income (TTM) was 184. ==> 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.

Advanced Petrochemical Co's current Cash Flow from Operations (TTM) was 786. ==> 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)
=184.43/13069.097
=0.01411192

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-129.109/11272.654
=-0.01145329

Advanced Petrochemical Co's return on assets of this year was 0.01411192. Advanced Petrochemical Co's return on assets of last year was -0.01145329. ==> 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.

Advanced Petrochemical Co's current Net Income (TTM) was 184. Advanced Petrochemical Co's current Cash Flow from Operations (TTM) was 786. ==> 786 > 184 ==> 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
=8288.535/13981.3384
=0.59282844

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=8361.141/12259.15
=0.68203269

Advanced Petrochemical Co's gearing of this year was 0.59282844. Advanced Petrochemical Co's gearing of last year was 0.68203269. ==> 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
=1504.004/2864.774
=0.52499918

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1280.427/1208.038
=1.05992278

Advanced Petrochemical Co's current ratio of this year was 0.52499918. Advanced Petrochemical Co's current ratio of last year was 1.05992278. ==> 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.

Advanced Petrochemical Co's number of shares in issue this year was 258.5. Advanced Petrochemical Co's number of shares in issue last year was 258.5. ==> 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
=740.287/3966.878
=0.18661703

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=368.471/2485.539
=0.14824591

Advanced Petrochemical Co's gross margin of this year was 0.18661703. Advanced Petrochemical Co's gross margin of last year was 0.14824591. ==> 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)
=3966.878/13069.097
=0.30353115

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2485.539/11272.654
=0.2204928

Advanced Petrochemical Co's asset turnover of this year was 0.30353115. Advanced Petrochemical Co's asset turnover of last year was 0.2204928. ==> 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+1+1+0+1+1+1
=8

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

Advanced Petrochemical Co 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?
Advanced Petrochemical Co (SAU:2330) has a Piotroski F-Score of 8 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Advanced Petrochemical Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Advanced Petrochemical Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Advanced Petrochemical Co ranks #42 out of 1564 companies in the Chemicals industry, placing it in the top 2.7%.
Is Advanced Petrochemical Co's Piotroski F-Score too high?
Advanced Petrochemical Co's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Advanced Petrochemical Co's value of 8 is 60% above this industry median. Based on the distribution chart, Advanced Petrochemical Co ranks #42 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Petrochemical Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Advanced Petrochemical Co's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Advanced Petrochemical Co ranks #42 out of 1564 companies for Piotroski F-Score. This places Advanced Petrochemical Co in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Advanced Petrochemical Co's value of 8 is 60% above this benchmark. Historically, Advanced Petrochemical Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Advanced Petrochemical Co 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. Advanced Petrochemical Co'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 Advanced Petrochemical Co and its competitors. For the Chemicals 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. Advanced Petrochemical Co's current Piotroski F-Score is 8, which is 33% above 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 Advanced Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced Petrochemical Co (SAU:2330) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼64.75, compared to a current price of ﷼23.74 — trading 63.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Chemicals industry median of 5.00. Advanced Petrochemical Co's overall GF Score™ is 66/100 with 10 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 Advanced Petrochemical Co (SAU:2330), the current Piotroski F-Score is 8 as of Jul. 01, 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 Advanced Petrochemical Co (SAU:2330) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Petrochemical Co stock appears to be undervalued. The current stock price of ﷼23.74 is trading 63.3% below its estimated GF Value™ of ﷼64.75. GuruFocus considers Advanced Petrochemical Co to be Possible Value Trap.

Key valuation signals for SAU:2330:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ﷼64.75 vs. price of ﷼23.74 (63.3% below fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 60% above the Chemicals median (#42 of 1564)

No single metric tells the full story. See the SAU:2330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Petrochemical Co Business Description

Address Jubail Industrial City, P.O.Box 11022, Jubail, SAU, 31961
Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects, including petrochemical, chemical, basic, and conversion industries, and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods, including personal care products, fresh food packaging, lightweight plastics, and others.
66GF Score

Get the complete analysis for SAU:2330

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

﷼23.74
Price
﷼64.75
GF Value