Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Teka-Tecelagem Kuehnrich Piotroski F-Score Related Terms
Teka-Tecelagem Kuehnrich Piotroski F-Score Historical Data
* 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.
For the Textile Manufacturing subindustry, Teka-Tecelagem Kuehnrich'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.
Teka-Tecelagem Kuehnrich Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teka-Tecelagem Kuehnrich's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Teka-Tecelagem Kuehnrich'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.
Teka-Tecelagem Kuehnrich's current Net Income (TTM) was 148.3.
==> 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.
Teka-Tecelagem Kuehnrich's current Cash Flow from Operations (TTM) was 3.4.
==> 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.
Teka-Tecelagem Kuehnrich's return on assets of this year was 0.12225396. Teka-Tecelagem Kuehnrich's return on assets of last year was -0.18779049.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Teka-Tecelagem Kuehnrich's gearing of this year was 0. Teka-Tecelagem Kuehnrich's gearing of last year was 0.02451424.
==> 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
Teka-Tecelagem Kuehnrich's current ratio of this year was 0.0485672. Teka-Tecelagem Kuehnrich's current ratio of last year was 0.04731261.
==> 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.
Teka-Tecelagem Kuehnrich's number of shares in issue this year was 0.503. Teka-Tecelagem Kuehnrich's number of shares in issue last year was 0.503.
==> 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.
Teka-Tecelagem Kuehnrich's gross margin of this year was 0.23774529. Teka-Tecelagem Kuehnrich's gross margin of last year was 0.23110822.
==> 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
Teka-Tecelagem Kuehnrich's asset turnover of this year was 0.3082817. Teka-Tecelagem Kuehnrich's asset turnover of last year was 0.27617934.
==> 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
+
0
+
1
+
1
+
1
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Teka-Tecelagem Kuehnrich has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Teka-Tecelagem Kuehnrich (BSP:TEKA4) has a Piotroski F-Score of 8 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Teka-Tecelagem Kuehnrich and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Teka-Tecelagem Kuehnrich's Piotroski F-Score has ranged from 2.00 to 8.00.
Is Teka-Tecelagem Kuehnrich's Piotroski F-Score too high?
Teka-Tecelagem Kuehnrich's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Teka-Tecelagem Kuehnrich's value of 8 is 60% above this industry median. Overall, Teka-Tecelagem Kuehnrich has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Teka-Tecelagem Kuehnrich's Piotroski F-Score compare to AIN?
Teka-Tecelagem Kuehnrich's Piotroski F-Score of 8 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Piotroski F-Score is 5.00. Teka-Tecelagem Kuehnrich's value of 8 is 60% above this benchmark. Historically, Teka-Tecelagem Kuehnrich'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 5.00 vs. the industry median of 5.00, Teka-Tecelagem Kuehnrich 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,044 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. Teka-Tecelagem Kuehnrich'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 Teka-Tecelagem Kuehnrich and its competitors. For the Manufacturing - Apparel & Accessories 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. Teka-Tecelagem Kuehnrich's current Piotroski F-Score is 8, which is 60% 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 Teka-Tecelagem Kuehnrich stock overvalued right now?
Teka-Tecelagem Kuehnrich (BSP:TEKA4) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Manufacturing - Apparel & Accessories industry median of 5.00. Teka-Tecelagem Kuehnrich's overall GF Score™ is 4/100 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 Teka-Tecelagem Kuehnrich (BSP:TEKA4), the current Piotroski F-Score is 8 as of Aug. 21, 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.
Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.
4GF Score
Get the complete analysis for BSP:TEKA4
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:TEKA4 has been successfully added to your 
