Tinka Resources (FRA:TLD0) Piotroski F-Score: 4 (As of Jul. 11, 2026) — 33% Above Median


FRA:TLD0 Tinka Resources Ltd FRA:TLD0
35 GF Score
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What is Tinka Resources Piotroski F-Score?

Tinka Resources FRA:TLD0 +0.89% 35 Piotroski F-Score is 4 as of Jul. 11, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates FRA:TLD0 with a GF Score™ of 35/100. Among 2,508 Metals & Mining companies, Tinka Resources ranks better than 78.31% 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

Tinka Resources 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 Tinka Resources's Piotroski F-Score or its related term are showing as below:

FRA:TLD0' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 4

During the past 13 years, the highest Piotroski F-Score of Tinka Resources was 5. The lowest was 2. And the median was 3.

Tinka Resources  (FRA:TLD0) 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.


Tinka Resources Piotroski F-Score Related Terms


Tinka Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tinka Resources'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.

Tinka Resources Piotroski F-Score Chart

Tinka Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 2.00 3.00 4.00

Tinka Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.00 2.00 4.00 3.00 4.00

Tinka Resources Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Tinka Resources'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.


Tinka Resources Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tinka Resources's Piotroski F-Score distribution charts can be found below:

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


FRA:TLD0
35GF Score
Tinka Resources Ltd FRA:TLD0
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -0.183 + -0.111 + -0.427 + -0.479 = €-1.20 Mil.
Cash Flow from Operations was -0.201 + -0.109 + -0.249 + -0.356 = €-0.92 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(48.986 + 48.017 + 50.423 + 55.46 + 56.198) / 5 = €51.8168 Mil.
Total Assets at the begining of this year (Mar25) was €48.99 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €7.23 Mil.
Total Current Liabilities was €0.38 Mil.
Net Income was -0.219 + -0.172 + -0.125 + -0.267 = €-0.78 Mil.

Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(51.484 + 49.734 + 49.904 + 51.247 + 48.986) / 5 = €50.271 Mil.
Total Assets at the begining of last year (Mar24) was €51.48 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €1.27 Mil.
Total Current Liabilities was €0.21 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.

Tinka Resources's current Net Income (TTM) was -1.20. ==> Negative ==> Score 0.

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.

Tinka Resources's current Cash Flow from Operations (TTM) was -0.92. ==> Negative ==> Score 0.

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)
=-1.2/48.986
=-0.0244968

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.783/51.484
=-0.01520861

Tinka Resources's return on assets of this year was -0.0244968. Tinka Resources's return on assets of last year was -0.01520861. ==> Last year is higher ==> Score 0.

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.

Tinka Resources's current Net Income (TTM) was -1.20. Tinka Resources's current Cash Flow from Operations (TTM) was -0.92. ==> -0.92 > -1.20 ==> CFROA > ROA ==> Score 1.

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
=0/51.8168
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/50.271
=0

Tinka Resources's gearing of this year was 0. Tinka Resources's gearing of last year was 0. ==> 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
=7.23/0.378
=19.12698413

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1.272/0.211
=6.02843602

Tinka Resources's current ratio of this year was 19.12698413. Tinka Resources's current ratio of last year was 6.02843602. ==> 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.

Tinka Resources's number of shares in issue this year was 133.658. Tinka Resources's number of shares in issue last year was 408.697. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Tinka Resources's gross margin of this year was . Tinka Resources's gross margin of last year was . ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=0/48.986
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0/51.484
=0

Tinka Resources's asset turnover of this year was 0. Tinka Resources's asset turnover of last year was 0. ==> 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
=0+0+0+1+1+1+1+0+0
=4

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

Tinka Resources has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Tinka Resources (FRA:TLD0) has a Piotroski F-Score of 4 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tinka Resources and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Tinka Resources' Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Tinka Resources ranks #544 out of 2508 companies in the Metals & Mining industry, placing it in the top 21.7%.
Is Tinka Resources' Piotroski F-Score too high?
Tinka Resources' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Tinka Resources' value of 4 is 33.3% above this industry median. Based on the distribution chart, Tinka Resources ranks #544 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Tinka Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Tinka Resources' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Tinka Resources ranks #544 out of 2508 companies for Piotroski F-Score. This places Tinka Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Tinka Resources' value of 4 is 33.3% above this benchmark. Historically, Tinka Resources' own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Tinka Resources 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,508 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. Tinka Resources's current Piotroski F-Score of 4 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 Tinka Resources and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tinka Resources's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tinka Resources stock overvalued right now?
Tinka Resources (FRA:TLD0) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% above the Metals & Mining industry median of 3.00. Tinka Resources' overall GF Score™ is 35/100. 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 Tinka Resources (FRA:TLD0), the current Piotroski F-Score is 4 as of Jul. 11, 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.

Tinka Resources Business Description

Other Exchanges TKRFF:USATK:Canada
Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Tinka Resources Ltd is a junior mineral exploration company that is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Canada and Peru. It explores zinc, silver, lead, tin, copper, and gold deposits. The company's projects include Ayawilca Zinc Zone, Colqui Silver Zone, Ayawilca Tin Zone, and Silvia Copper-Gold Project.
35GF Score

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