Talanx AGCHIX:TLXD 77 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates CHIX:TLXD with a GF Score™ of 77/100 and a GF Value™ of €102.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 482 Insurance companies, Talanx AG ranks better than 96.68% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Talanx AG has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Talanx AG's Piotroski F-Score or its related term are showing as below:
CHIX:TLXd'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of Talanx AG was 9. The lowest was 3. And the median was 6.
Talanx AG (CHIX:TLXd) 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.
Talanx AG Piotroski F-Score Related Terms
Talanx AG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Talanx AG'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.
CHIX:TLXD vs BRK.A, AIG, HIG: Piotroski F-Score Comparison
For the Insurance - Diversified subindustry, Talanx AG'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.
Talanx AG Piotroski F-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Talanx AG'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.
Talanx AG's current Net Income (TTM) was 2,480.
==> 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.
Talanx AG's return on assets of this year was 0.01374578. Talanx AG's return on assets of last year was 0.0117312.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Talanx AG's gearing of this year was 0.04530594. Talanx AG's gearing of last year was 0.04985327.
==> 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
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Talanx AG's current ratio of this year was 1.13067404. Talanx AG's current ratio of last year was 1.11422025.
==> 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.
Talanx AG's number of shares in issue this year was 258.229. Talanx AG's number of shares in issue last year was 258.229.
==> 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.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Talanx AG's net margin of this year was 0.05120053. Talanx AG's net margin of last year was 0.04146914.
==> This year's net 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
Talanx AG's asset turnover of this year was 0.26846951. Talanx AG's asset turnover of last year was 0.28288978.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Talanx AG has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Talanx AG (CHIX:TLXD) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Talanx AG and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Talanx AG's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Talanx AG ranks #16 out of 482 companies in the Insurance industry, placing it in the top 3.3%.
Is Talanx AG's Piotroski F-Score too high?
Talanx AG's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Insurance industry median Piotroski F-Score is 6.00. Talanx AG's value of 8 is 33.3% above this industry median. Based on the distribution chart, Talanx AG ranks #16 out of 482 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Talanx AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Talanx AG's Piotroski F-Score compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Talanx AG ranks #16 out of 482 companies for Piotroski F-Score. This places Talanx AG in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Talanx AG's value of 8 is 33.3% above this benchmark. Historically, Talanx AG's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Talanx AG 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 an Insurance company?
The median Piotroski F-Score among Insurance companies is 6.00, based on 482 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. Talanx AG's current Piotroski F-Score of 8 is 33.3% 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 Talanx AG and its competitors. For the Insurance 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. Talanx AG's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talanx AG stock overvalued right now?
Based on GuruFocus' analysis, Talanx AG (CHIX:TLXD) is currently considered Fairly Valued. The stock's GF Value™ is €102.55, compared to a current price of €103.70 — trading 1.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Insurance industry median of 6.00. Talanx AG's overall GF Score™ is 77/100 with 2 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 Talanx AG (CHIX:TLXD), the current Piotroski F-Score is 8 as of Jun. 26, 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 Talanx AG (CHIX:TLXD) Overvalued in 2026?
Based on GuruFocus' analysis, Talanx AG stock appears to be overvalued.
The current stock price of €103.70 is trading 1.1% above its estimated GF Value™ of €102.55.
GuruFocus considers Talanx AG to be Fairly Valued.
Key valuation signals for CHIX:TLXD:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: €102.55 vs. price of €103.70 (1.1% above fair value)
Industry Position: 33.3% above the Insurance median (#16 of 482)
No single metric tells the full story. See the CHIX:TLXD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, individuals, and reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns just over three-quarters of the Talanx share capital.
77GF Score
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