United Arab Float Glass Co (SAU:9611) Piotroski F-Score: 6 (As of Sep. 07, 2026) — 14% Below Median

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SAU:9611 United Arab Float Glass Co SAU:9611
18 GF Score
Price ﷼29.04
! 3 Warning Signs
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What is United Arab Float Glass Co Piotroski F-Score?

United Arab Float Glass Co SAU:9611 18 Piotroski F-Score is 6 as of Sep. 07, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates SAU:9611 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 398 Building Materials companies, United Arab Float Glass Co ranks better than 69.6% 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

United Arab Float Glass Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for United Arab Float Glass Co's Piotroski F-Score or its related term are showing as below:

SAU:9611' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 7
Current: 6

During the past 3 years, the highest Piotroski F-Score of United Arab Float Glass Co was 7. The lowest was 6. And the median was 7.

United Arab Float Glass Co  (SAU:9611) 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.


United Arab Float Glass Co Piotroski F-Score Related Terms


United Arab Float Glass Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for United Arab Float Glass 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.

United Arab Float Glass Co Piotroski F-Score Chart

United Arab Float Glass Co Annual Data
Trend Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00

United Arab Float Glass Co Quarterly Data
Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A 7.00 N/A 6.00

SAU:9611 vs CRH, MLM, VMC: Piotroski F-Score Comparison

For the Building Materials subindustry, United Arab Float Glass 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.


United Arab Float Glass Co Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, United Arab Float Glass Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where United Arab Float Glass Co's Piotroski F-Score falls into.


SAU:9611
18GF Score
United Arab Float Glass Co SAU:9611
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 12.835 + 10.265 + 11.265 + 15.644 = ﷼50.0 Mil.
Cash Flow from Operations was 12.482 + 16.456 + 9.297 + 22.532 = ﷼60.8 Mil.
Revenue was 65.293 + 75.468 + 66.981 + 75.778 = ﷼283.5 Mil.
Gross Profit was 26.179 + 29.689 + 24.839 + 30.22 = ﷼110.9 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(613.954 + 616.448 + 627.997 + 621.818 + 609.94) / 5 = ﷼618.0314 Mil.
Total Assets at the begining of this year (Jun25) was ﷼614.0 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼46.1 Mil.
Total Current Assets was ﷼148.1 Mil.
Total Current Liabilities was ﷼67.3 Mil.
Net Income was 11.957 + 16.537 + 21.11 + 16.161 = ﷼65.8 Mil.

Revenue was 71.932 + 92.73 + 84.94 + 71.154 = ﷼320.8 Mil.
Gross Profit was 28.95 + 35.249 + 35.912 + 31.134 = ﷼131.2 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(613.245 + 0 + 628.756 + 640.106 + 613.954) / 5 = ﷼624.01525 Mil.
Total Assets at the begining of last year (Jun24) was ﷼613.2 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼47.0 Mil.
Total Current Assets was ﷼135.5 Mil.
Total Current Liabilities was ﷼95.6 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.

United Arab Float Glass Co's current Net Income (TTM) was 50.0. ==> 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.

United Arab Float Glass Co's current Cash Flow from Operations (TTM) was 60.8. ==> 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 (Jun25)
=50.009/613.954
=0.08145399

ROA (Last Year)=Net Income/Total Assets (Jun24)
=65.765/613.245
=0.10724099

United Arab Float Glass Co's return on assets of this year was 0.08145399. United Arab Float Glass Co's return on assets of last year was 0.10724099. ==> 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.

United Arab Float Glass Co's current Net Income (TTM) was 50.0. United Arab Float Glass Co's current Cash Flow from Operations (TTM) was 60.8. ==> 60.8 > 50.0 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=46.075/618.0314
=0.07455123

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=47.027/624.01525
=0.07536194

United Arab Float Glass Co's gearing of this year was 0.07455123. United Arab Float Glass Co's gearing of last year was 0.07536194. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=148.086/67.271
=2.2013349

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=135.466/95.618
=1.41674162

United Arab Float Glass Co's current ratio of this year was 2.2013349. United Arab Float Glass Co's current ratio of last year was 1.41674162. ==> 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.

United Arab Float Glass Co's number of shares in issue this year was 17.004. United Arab Float Glass Co's number of shares in issue last year was 17.004. ==> 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
=110.927/283.52
=0.39124929

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=131.245/320.756
=0.40917395

United Arab Float Glass Co's gross margin of this year was 0.39124929. United Arab Float Glass Co's gross margin of last year was 0.40917395. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=283.52/613.954
=0.46179355

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=320.756/613.245
=0.52304707

United Arab Float Glass Co's asset turnover of this year was 0.46179355. United Arab Float Glass Co's asset turnover of last year was 0.52304707. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+0+0
=6

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

United Arab Float Glass Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
United Arab Float Glass Co (SAU:9611) has a Piotroski F-Score of 6 as of Sep. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on United Arab Float Glass Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, United Arab Float Glass Co's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, United Arab Float Glass Co ranks #121 out of 398 companies in the Building Materials industry, placing it in the top 30.4%.
Is United Arab Float Glass Co's Piotroski F-Score too high?
United Arab Float Glass Co's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Building Materials industry median Piotroski F-Score is 6.00. United Arab Float Glass Co's value of 6 is 0% at this industry median. Based on the distribution chart, United Arab Float Glass Co ranks #121 out of 398 companies in the Building Materials industry, which is above the industry midpoint. Overall, United Arab Float Glass Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does United Arab Float Glass Co's Piotroski F-Score compare to CRH and MLM?
According to the Building Materials industry distribution chart, United Arab Float Glass Co ranks #121 out of 398 companies for Piotroski F-Score. This puts United Arab Float Glass Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. United Arab Float Glass Co's value of 6 is 0% at this benchmark. Historically, United Arab Float Glass Co's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, United Arab Float Glass Co 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 6.00, based on 398 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. United Arab Float Glass Co's current Piotroski F-Score of 6 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 United Arab Float Glass Co and its competitors. For the Building Materials industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Arab Float Glass Co's current Piotroski F-Score is 6, which is 14% below 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 United Arab Float Glass Co stock overvalued right now?
United Arab Float Glass Co (SAU:9611) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 0% at the Building Materials industry median of 6.00. United Arab Float Glass Co's overall GF Score™ is 18/100 with 3 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 United Arab Float Glass Co (SAU:9611), the current Piotroski F-Score is 6 as of Sep. 07, 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.

United Arab Float Glass Co Business Description

Address Al Thumama Road, P.O. 13316, Al Rabie District, Riyadh, SAU, 13316
United Arab Float Glass Co is engaged in the float glass market that designs, thicknesses, and dimensions glasses. Its products are wooden pallets, mirror glass, fiberglass, including glass wool. The company's activity is represented in the wholesale and retail trade of the company's products and building materials, including importing and exporting them abroad, owning lands and real estate, constructing buildings on them, practicing manufacturing industries related to the glass industry, and manufacturing and mining all glass industry requirements from raw materials and others.
18GF Score

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﷼29.04
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