Ratch Group PCLSTU:RA5F 59 Piotroski F-Score is 6 as of Jul. 12, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates STU:RA5F with a GF Score™ of 59/100 and a GF Value™ of €0.60. The stock has 10 warning signs investors should review. Among 490 Utilities - Regulated companies, Ratch Group PCL ranks better than 69.39% 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
Ratch Group PCL 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 Ratch Group PCL's Piotroski F-Score or its related term are showing as below:
STU:RA5F'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Ratch Group PCL was 8. The lowest was 3. And the median was 5.
Ratch Group PCL (STU:RA5F) 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.
Ratch Group PCL Piotroski F-Score Related Terms
Ratch Group PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Ratch Group PCL'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.
STU:RA5F vs NEE, SO, DUK: Piotroski F-Score Comparison
For the Utilities - Regulated Electric subindustry, Ratch Group PCL'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.
Ratch Group PCL Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Ratch Group PCL'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.
Ratch Group PCL's current Net Income (TTM) was 166.4.
==> 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.
Ratch Group PCL's return on assets of this year was 0.02837874. Ratch Group PCL's return on assets of last year was 0.02615709.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Ratch Group PCL's gearing of this year was 0.36831198. Ratch Group PCL's gearing of last year was 0.32765429.
==> 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
Ratch Group PCL's current ratio of this year was 1.05479927. Ratch Group PCL's current ratio of last year was 0.93827563.
==> 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.
Ratch Group PCL's number of shares in issue this year was 0. Ratch Group PCL's number of shares in issue last year was 2177.955.
==> 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.
Ratch Group PCL's gross margin of this year was 0.185058. Ratch Group PCL's gross margin of last year was 0.20037271.
==> 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
Ratch Group PCL's asset turnover of this year was 0.14831885. Ratch Group PCL's asset turnover of last year was 0.13223243.
==> 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
Ratch Group PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Ratch Group PCL (STU:RA5F) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ratch Group PCL and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Ratch Group PCL's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Ratch Group PCL ranks #150 out of 490 companies in the Utilities - Regulated industry, placing it in the top 30.6%.
Is Ratch Group PCL's Piotroski F-Score too high?
Ratch Group PCL's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Ratch Group PCL's value of 6 is 0% at this industry median. Based on the distribution chart, Ratch Group PCL ranks #150 out of 490 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Ratch Group PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's Piotroski F-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #150 out of 490 companies for Piotroski F-Score. This puts Ratch Group PCL in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Ratch Group PCL's value of 6 is 0% at this benchmark. Historically, Ratch Group PCL's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Ratch Group PCL 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 an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 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. Ratch Group PCL'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 Ratch Group PCL and its competitors. For the Utilities - Regulated 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. Ratch Group PCL's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Ratch Group PCL (STU:RA5F) has a current Piotroski F-Score of 6. The stock's GF Value™ is €0.60, compared to a current price of €0.80 — trading 32.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Utilities - Regulated industry median of 6.00. Ratch Group PCL's overall GF Score™ is 59/100 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 Ratch Group PCL (STU:RA5F), the current Piotroski F-Score is 6 as of Jul. 12, 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 Ratch Group PCL (STU:RA5F) Overvalued in 2026?
Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued.
The current stock price of €0.80 is trading 32.5% above its estimated GF Value™ of €0.60.
Key valuation signals for STU:RA5F:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: €0.60 vs. price of €0.80 (32.5% above fair value)
Industry Position: 0% at the Utilities - Regulated median (#150 of 490)
No single metric tells the full story. See the STU:RA5F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
59GF Score
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