The Piotroski Score is a financial metric used to assess a company’s financial health, ranging from 0 to 9. A higher score indicates stronger financial well-being, making it a favoured tool for value investors looking for solid investment opportunities. A low Piotroski score, on the other hand, suggests weaker financial performance and potential risks.
The price-to-earnings (P/E) ratio compares a stock’s price to its earnings, with a high P/E possibly indicating overvaluation and a low P/E suggesting better value, as investors pay less for each rupee of earnings
Here are a few such stocks under Rs. 100 with a high Piotroski score of 9 and P/E lower than the industry average:
Khemani Distributors & Marketing Limited
With a market capitalization of Rs. 204.65 crores, Khemani Distributors & Marketing Limited’s share price is currently trading at Rs. 89.08 per share, rising 5 percent upper circuit compared to its previous close. The stock is currently not trading in the stock market.
The company has a Piotroski score of 9, and its stock is trading at a P/E of 10.1, below the industry average of 37.2, with an EPS of Rs. 13.6.
In H2 FY24, the company reported a 4.44 percent revenue increase YoY to Rs. 45 crore, while net profit increased 300 percent to Rs. 8 crore in the same period
Khemani Distributors & Marketing Limited is an India-based company trading FMCG products for Hindustan Unilever in Surat, Gujarat. The company offers personal care, home care, and food products. Additionally, it engages in stock market trading of various securities. Khemani supplies products to local retailers and wholesalers.
Jhandewalas Foods Limited
With a market capitalization of Rs. 104.77 crores, Jhandewalas Foods Limited share price is currently trading at Rs. 79.01 per share, rising 2.46 percent compared to its previous close. The stock is currently not trading in the stock market.
The company has a Piotroski score of 9, and its stock is trading at a P/E of 18.3, below the industry average of 38.5, with an EPS of Rs. 23.6.
In H2 FY24, the company reported a 100 percent revenue increase YoY to Rs. 16 crore, while net profit increased 475 percent to Rs. 23 crore in the same period.
Jhandewalas Foods Limited, an India-based company, manufactures and markets processed food products and dairy items. Its diverse product range includes ghee, oils,
spices, chutneys, and pre-mix items under brands like Naman, Godhenu, Yumm Yoo, and Polki. The company focuses on delivering high-quality food products across India.
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Goel Food Products Limited
With a market capitalization of Rs. 85.8 crores, Goel Food Products Limited’s share price is currently trading at Rs. 45.5 per share, down 5 percent compared to its previous close. The stock is currently not trading in the stock market.
The company has a Piotroski score of 9, and its stock is trading at a P/E of 17.2, below the industry average of 45.6, with an EPS of Rs. 2.65.
In H1 FY24, the company reported a 2.12 percent revenue decrease YoY to Rs. 13.88 crore, while net profit increased 32.3 percent to Rs. 3.4 crore in the same period.
Goel Food Products Limited, an India-based company, manages banquet halls and Indian snacks and sweets shops under the BIKA brand. It organizes various events, including weddings and corporate functions, and operates hotels and guest houses. The company runs eight banquet spaces and a hotel in Kolkata and Howrah.
Written By: Nikhil Naik
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