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Berger Paints JamaicaXJAM:BRG -3.00%75 Piotroski F-Score is 4 as of Sep. 12, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XJAM:BRG with a GF Score™ of 75/100 and a GF Value™ of JMD6.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,598 Chemicals companies, Berger Paints Jamaica ranks worse than 69.27% 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
Berger Paints Jamaica has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Berger Paints Jamaica's Piotroski F-Score or its related term are showing as below:
XJAM:BRG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 9
Current: 4
During the past 12 years, the highest Piotroski F-Score of Berger Paints Jamaica was 9. The lowest was 4. And the median was 5.
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.
Berger Paints Jamaica Piotroski F-Score Related Terms
Berger Paints Jamaica Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Berger Paints Jamaica'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.
XJAM:BRG vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.
Berger Paints Jamaica Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Berger Paints Jamaica'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.
Berger Paints Jamaica's current Net Income (TTM) was 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.
Berger Paints Jamaica's return on assets of this year was 0.00381626. Berger Paints Jamaica's return on assets of last year was 0.04413887.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Berger Paints Jamaica's gearing of this year was 0.01749351. Berger Paints Jamaica's gearing of last year was 0.00753898.
==> 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
Berger Paints Jamaica's current ratio of this year was 1.35748856. Berger Paints Jamaica's current ratio of last year was 1.53198632.
==> 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.
Berger Paints Jamaica's number of shares in issue this year was 214.322. Berger Paints Jamaica's number of shares in issue last year was 214.322.
==> 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.
Berger Paints Jamaica's gross margin of this year was 0.49910455. Berger Paints Jamaica's gross margin of last year was 0.51969721.
==> 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
Berger Paints Jamaica's asset turnover of this year was 1.36632998. Berger Paints Jamaica's asset turnover of last year was 1.45884231.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Berger Paints Jamaica has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Berger Paints Jamaica (XJAM:BRG) has a Piotroski F-Score of 4 as of Sep. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Berger Paints Jamaica and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Berger Paints Jamaica's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Berger Paints Jamaica ranks #1107 out of 1598 companies in the Chemicals industry, placing it in the top 69.3%.
Is Berger Paints Jamaica's Piotroski F-Score too high?
Berger Paints Jamaica's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Chemicals industry median Piotroski F-Score is 5.00. Berger Paints Jamaica's value of 4 is 20% below this industry median. Based on the distribution chart, Berger Paints Jamaica ranks #1107 out of 1598 companies in the Chemicals industry, which is below the industry midpoint. Overall, Berger Paints Jamaica has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints Jamaica's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints Jamaica ranks #1107 out of 1598 companies for Piotroski F-Score. This places Berger Paints Jamaica in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Berger Paints Jamaica's value of 4 is 20% below this benchmark. Historically, Berger Paints Jamaica's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Berger Paints Jamaica has consistently been below 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 1,598 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. Berger Paints Jamaica's current Piotroski F-Score of 4 is 20% below 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 Berger Paints Jamaica 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. Berger Paints Jamaica's current Piotroski F-Score is 4, which is 20% below 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 Berger Paints Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints Jamaica (XJAM:BRG) is currently considered Modestly Undervalued. The stock's GF Value™ is JMD6.99, compared to a current price of JMD5.50 — trading 21.3% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Chemicals industry median of 5.00. Berger Paints Jamaica's overall GF Score™ is 75/100 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 Berger Paints Jamaica (XJAM:BRG), the current Piotroski F-Score is 4 as of Sep. 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 Berger Paints Jamaica (XJAM:BRG) Overvalued in 2026?
Based on GuruFocus' analysis, Berger Paints Jamaica stock appears to be undervalued.
The current stock price of JMD5.50 is trading 21.3% below its estimated GF Value™ of JMD6.99.
GuruFocus considers Berger Paints Jamaica to be Modestly Undervalued.
Key valuation signals for XJAM:BRG:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: JMD6.99 vs. price of JMD5.50 (21.3% below fair value)
Industry Position: 20% below the Chemicals median (#1107 of 1598)
No single metric tells the full story. See the XJAM:BRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berger Paints Jamaica Ltd is engaged in the manufacture and distribution of industrial and decorative paints and paint-related processed materials. The Company produces a wide range of high-performing decorative, marine, and industrial paint products in Barbados and across the Eastern Caribbean. Its product range includes premium quality interior and exterior topcoats, primers, stains, varnishes, furniture finishes, road marking paints, enamels, as well as light and heavy duty industrial finishes. The Company has introduced products such as Berger Weatherproof Ultra, a super premium exterior emulsion, and Berger Royale, a super premium interior pure acrylic emulsion.
75GF Score
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