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Tao Heung HoldingsHKSE:00573 +3.85%40 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates HKSE:00573 with a GF Score™ of 40/100 and a GF Value™ of HK$0.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 355 Restaurants companies, Tao Heung Holdings ranks better than 53.8% 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
Tao Heung Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Tao Heung Holdings's Piotroski F-Score or its related term are showing as below:
HKSE:00573'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Tao Heung Holdings was 9. The lowest was 4. And the median was 7.
Tao Heung Holdings (HKSE:00573) 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.
Tao Heung Holdings Piotroski F-Score Related Terms
Tao Heung Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tao Heung Holdings'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.
HKSE:00573 vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, Tao Heung Holdings'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.
Tao Heung Holdings Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tao Heung Holdings'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.
Tao Heung Holdings's current Net Income (TTM) was -60.
==> 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.
Tao Heung Holdings's return on assets of this year was -0.03197165. Tao Heung Holdings's return on assets of last year was -0.02412305.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tao Heung Holdings's gearing of this year was 0.14295378. Tao Heung Holdings's gearing of last year was 0.09480343.
==> Last year is lower than this year ==> Score 0.
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
Tao Heung Holdings's current ratio of this year was 0.99333192. Tao Heung Holdings's current ratio of last year was 1.04198254.
==> Last year's current ratio is higher ==> Score 0.
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.
Tao Heung Holdings's number of shares in issue this year was 1014.348. Tao Heung Holdings's number of shares in issue last year was 1014.348.
==> 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.
Tao Heung Holdings's gross margin of this year was 0.06528425. Tao Heung Holdings's gross margin of last year was 0.05485986.
==> 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
Tao Heung Holdings's asset turnover of this year was 1.23717016. Tao Heung Holdings's asset turnover of last year was 1.10819351.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tao Heung Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Tao Heung Holdings (HKSE:00573) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tao Heung Holdings and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Tao Heung Holdings' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Tao Heung Holdings ranks #164 out of 355 companies in the Restaurants industry, placing it in the top 46.2%.
Is Tao Heung Holdings' Piotroski F-Score too high?
Tao Heung Holdings' current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Restaurants industry median Piotroski F-Score is 5.00. Tao Heung Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Tao Heung Holdings ranks #164 out of 355 companies in the Restaurants industry, which is above the industry midpoint. Overall, Tao Heung Holdings has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tao Heung Holdings' Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tao Heung Holdings ranks #164 out of 355 companies for Piotroski F-Score. This puts Tao Heung Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tao Heung Holdings' value of 5 is 0% at this benchmark. Historically, Tao Heung Holdings' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Tao Heung Holdings has consistently been at 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 355 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. Tao Heung Holdings's current Piotroski F-Score of 5 is 0% at 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 Tao Heung Holdings and its competitors. For the Restaurants 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. Tao Heung Holdings's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tao Heung Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tao Heung Holdings (HKSE:00573) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.52, compared to a current price of HK$0.27 — trading 48.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Restaurants industry median of 5.00. Tao Heung Holdings' overall GF Score™ is 40/100 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 Tao Heung Holdings (HKSE:00573), the current Piotroski F-Score is 5 as of Jul. 14, 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 Tao Heung Holdings (HKSE:00573) Overvalued in 2026?
Based on GuruFocus' analysis, Tao Heung Holdings stock appears to be undervalued.
The current stock price of HK$0.27 is trading 48.1% below its estimated GF Value™ of HK$0.52.
GuruFocus considers Tao Heung Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:00573:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: HK$0.52 vs. price of HK$0.27 (48.1% below fair value)
Industry Position: 0% at the Restaurants median (#164 of 355)
No single metric tells the full story. See the HKSE:00573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. The company is also engaged in restaurant operations and provision of food catering services, bakery operations, production, sale, and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a majority share of the company's revenue.
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