Singapore Telecommunications (FRA:SIT) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


FRA:SIT Singapore Telecommunications Ltd FRA:SIT
82 GF Score
Price €29.60
GF Value €21.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Singapore Telecommunications Piotroski F-Score?

Singapore Telecommunications FRA:SIT 82 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates FRA:SIT with a GF Score™ of 82/100 and a GF Value™ of €21.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 359 Telecommunication Services companies, Singapore Telecommunications ranks better than 88.3% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Singapore Telecommunications 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 Singapore Telecommunications's Piotroski F-Score or its related term are showing as below:

FRA:SIT' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Singapore Telecommunications was 8. The lowest was 3. And the median was 6.

Singapore Telecommunications  (FRA:SIT) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Singapore Telecommunications Piotroski F-Score Related Terms


Singapore Telecommunications Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Singapore Telecommunications'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.

Singapore Telecommunications Piotroski F-Score Chart

Singapore Telecommunications Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 6.00 6.00 7.00

Singapore Telecommunications Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 0.00 6.00 0.00 7.00

FRA:SIT vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Singapore Telecommunications'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.


Singapore Telecommunications Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Singapore Telecommunications's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Singapore Telecommunications's Piotroski F-Score falls into.


FRA:SIT
82GF Score
Singapore Telecommunications Ltd FRA:SIT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was €3,790 Mil.
Cash Flow from Operations was €3,326 Mil.
Revenue was €9,640 Mil.
Gross Profit was €9,640 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (32400.833 + 34270.724) / 2 = €33335.7785 Mil.
Total Assets at the begining of this year (Mar25) was €32,401 Mil.
Long-Term Debt & Capital Lease Obligation was €7,151 Mil.
Total Current Assets was €6,033 Mil.
Total Current Liabilities was €5,801 Mil.
Net Income was €2,782 Mil.

Revenue was €9,797 Mil.
Gross Profit was €6,897 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (31701.812 + 32400.833) / 2 = €32051.3225 Mil.
Total Assets at the begining of last year (Mar24) was €31,702 Mil.
Long-Term Debt & Capital Lease Obligation was €7,066 Mil.
Total Current Assets was €5,673 Mil.
Total Current Liabilities was €5,803 Mil.

*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.

Singapore Telecommunications's current Net Income (TTM) was 3,790. ==> 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.

Singapore Telecommunications's current Cash Flow from Operations (TTM) was 3,326. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=3789.682/32400.833
=0.11696249

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2782.341/31701.812
=0.08776599

Singapore Telecommunications's return on assets of this year was 0.11696249. Singapore Telecommunications's return on assets of last year was 0.08776599. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Singapore Telecommunications's current Net Income (TTM) was 3,790. Singapore Telecommunications's current Cash Flow from Operations (TTM) was 3,326. ==> 3,326 <= 3,790 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=7151.189/33335.7785
=0.21451993

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=7066.319/32051.3225
=0.22046887

Singapore Telecommunications's gearing of this year was 0.21451993. Singapore Telecommunications's gearing of last year was 0.22046887. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=6032.827/5800.759
=1.04000649

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5673.139/5803.135
=0.977599

Singapore Telecommunications's current ratio of this year was 1.04000649. Singapore Telecommunications's current ratio of last year was 0.977599. ==> 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.

Singapore Telecommunications's number of shares in issue this year was 1655.703. Singapore Telecommunications's number of shares in issue last year was 1655.837. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=9640.059/9640.059
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6896.638/9797.202
=0.70393955

Singapore Telecommunications's gross margin of this year was 1. Singapore Telecommunications's gross margin of last year was 0.70393955. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=9640.059/32400.833
=0.29752504

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=9797.202/31701.812
=0.30904233

Singapore Telecommunications's asset turnover of this year was 0.29752504. Singapore Telecommunications's asset turnover of last year was 0.30904233. ==> Last year's asset turnover is higher ==> Score 0.

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+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Singapore Telecommunications has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Singapore Telecommunications (FRA:SIT) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Singapore Telecommunications and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Singapore Telecommunications' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Singapore Telecommunications ranks #42 out of 359 companies in the Telecommunication Services industry, placing it in the top 11.7%.
Is Singapore Telecommunications' Piotroski F-Score too high?
Singapore Telecommunications' current Piotroski F-Score of 7 is 17% 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 8.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Singapore Telecommunications' value of 7 is 16.7% above this industry median. Based on the distribution chart, Singapore Telecommunications ranks #42 out of 359 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Singapore Telecommunications has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Telecommunications' Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Singapore Telecommunications ranks #42 out of 359 companies for Piotroski F-Score. This places Singapore Telecommunications in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Singapore Telecommunications' value of 7 is 16.7% above this benchmark. Historically, Singapore Telecommunications' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Singapore Telecommunications 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 359 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. Singapore Telecommunications's current Piotroski F-Score of 7 is 16.7% 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 Singapore Telecommunications and its competitors. For the Telecommunication Services 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. Singapore Telecommunications's current Piotroski F-Score is 7, which is 17% 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 Singapore Telecommunications stock overvalued right now?
Based on GuruFocus' analysis, Singapore Telecommunications (FRA:SIT) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.40, compared to a current price of €29.60 — trading 38.3% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Telecommunication Services industry median of 6.00. Singapore Telecommunications' overall GF Score™ is 82/100 with 5 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 Singapore Telecommunications (FRA:SIT), the current Piotroski F-Score is 7 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 Singapore Telecommunications (FRA:SIT) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Telecommunications stock appears to be overvalued. The current stock price of €29.60 is trading 38.3% above its estimated GF Value™ of €21.40. GuruFocus considers Singapore Telecommunications to be Significantly Overvalued.

Key valuation signals for FRA:SIT:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €21.40 vs. price of €29.60 (38.3% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 16.7% above the Telecommunication Services median (#42 of 359)

No single metric tells the full story. See the FRA:SIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Singapore Telecommunications Business Description

Address 10 Eunos Road 8, No.07-31, Singapore, SGP, 239732
Singapore Telecommunications is Singapore's leading telecoms company. It owns extensive wired and wireless networks offering data and voice services to a broad customer base. Singtel's diverse investment portfolio spreads across the region. The firm wholly owns Optus in Australia and minority equity stakes in Airtel (28%) in India; Telkomsel (35%) in Indonesia; Globe Telecom (47%) in the Philippines; and Advanced Information Services (23%) and Intouch (21%) in Thailand. Singtel is majority-owned by the Singapore government.
82GF Score

Get the complete analysis for FRA:SIT

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.60
Price
€21.40
GF Value