CTR Holdings (HKSE:01416) Piotroski F-Score: 7 (As of Jul. 19, 2026) — Near Median

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HKSE:01416 CTR Holdings Ltd HKSE:01416
67 GF Score
Price HK$0.18
GF Value HK$0.15
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is CTR Holdings Piotroski F-Score?

CTR Holdings HKSE:01416 67 Piotroski F-Score is 7 as of Jul. 19, 2026, which is at its 10-year median of 7.00. GuruFocus rates HKSE:01416 with a GF Score™ of 67/100 and a GF Value™ of HK$0.15 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,730 Construction companies, CTR Holdings ranks better than 89.36% 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

CTR Holdings 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 CTR Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:01416' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 7

During the past 10 years, the highest Piotroski F-Score of CTR Holdings was 8. The lowest was 2. And the median was 7.

CTR Holdings  (HKSE:01416) 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.


CTR Holdings Piotroski F-Score Related Terms


CTR Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CTR 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.

CTR Holdings Piotroski F-Score Chart

CTR Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 7.00 6.00 7.00 7.00

CTR Holdings Semi-Annual Data
Feb17 Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 6.00 0.00 7.00 0.00 7.00

HKSE:01416 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, CTR 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.


CTR Holdings Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, CTR Holdings's Piotroski F-Score distribution charts can be found below:

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


HKSE:01416
67GF Score
CTR Holdings Ltd HKSE:01416
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was HK$89 Mil.
Cash Flow from Operations was HK$276 Mil.
Revenue was HK$1,617 Mil.
Gross Profit was HK$213 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (735.555 + 1108.323) / 2 = HK$921.939 Mil.
Total Assets at the begining of this year (Feb25) was HK$736 Mil.
Long-Term Debt & Capital Lease Obligation was HK$8 Mil.
Total Current Assets was HK$893 Mil.
Total Current Liabilities was HK$643 Mil.
Net Income was HK$45 Mil.

Revenue was HK$1,196 Mil.
Gross Profit was HK$143 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (574.894 + 735.555) / 2 = HK$655.2245 Mil.
Total Assets at the begining of last year (Feb24) was HK$575 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1 Mil.
Total Current Assets was HK$588 Mil.
Total Current Liabilities was HK$387 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.

CTR Holdings's current Net Income (TTM) was 89. ==> 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.

CTR Holdings's current Cash Flow from Operations (TTM) was 276. ==> 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 (Feb25)
=88.915/735.555
=0.12088151

ROA (Last Year)=Net Income/Total Assets (Feb24)
=44.889/574.894
=0.07808222

CTR Holdings's return on assets of this year was 0.12088151. CTR Holdings's return on assets of last year was 0.07808222. ==> 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.

CTR Holdings's current Net Income (TTM) was 89. CTR Holdings's current Cash Flow from Operations (TTM) was 276. ==> 276 > 89 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=8.11/921.939
=0.00879668

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0.584/655.2245
=0.0008913

CTR Holdings's gearing of this year was 0.00879668. CTR Holdings's gearing of last year was 0.0008913. ==> 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

Current Ratio (This Year: Feb26)=Total Current Assets/Total Current Liabilities
=893.048/643.221
=1.38839994

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=587.801/386.5
=1.52083053

CTR Holdings's current ratio of this year was 1.38839994. CTR Holdings's current ratio of last year was 1.52083053. ==> 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.

CTR Holdings's number of shares in issue this year was 1400. CTR Holdings's number of shares in issue last year was 1400. ==> 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
=213.399/1617.191
=0.13195658

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=142.817/1196.03
=0.11940921

CTR Holdings's gross margin of this year was 0.13195658. CTR Holdings's gross margin of last year was 0.11940921. ==> 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 (Feb25)
=1617.191/735.555
=2.1985997

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=1196.03/574.894
=2.0804357

CTR Holdings's asset turnover of this year was 2.1985997. CTR Holdings's asset turnover of last year was 2.0804357. ==> 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+1+0+0+1+1+1
=7

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

CTR Holdings 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?
CTR Holdings (HKSE:01416) has a Piotroski F-Score of 7 as of Jul. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CTR Holdings and its competitors. This is near median its historical median of 7.00. Over the past decade, CTR Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, CTR Holdings ranks #184 out of 1730 companies in the Construction industry, placing it in the top 10.6%.
Is CTR Holdings' Piotroski F-Score too high?
CTR Holdings' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. CTR Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, CTR Holdings ranks #184 out of 1730 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, CTR Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTR Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, CTR Holdings ranks #184 out of 1730 companies for Piotroski F-Score. This places CTR Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CTR Holdings' value of 7 is 40% above this benchmark. Historically, CTR Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, CTR Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,730 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. CTR Holdings's current Piotroski F-Score of 7 is 40% 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 CTR Holdings and its competitors. For the Construction 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. CTR Holdings's current Piotroski F-Score is 7, which is near 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 CTR Holdings stock overvalued right now?
Based on GuruFocus' analysis, CTR Holdings (HKSE:01416) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.18 — trading 20% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Construction industry median of 5.00. CTR Holdings' overall GF Score™ is 67/100 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 CTR Holdings (HKSE:01416), the current Piotroski F-Score is 7 as of Jul. 19, 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 CTR Holdings (HKSE:01416) Overvalued in 2026?

Based on GuruFocus' analysis, CTR Holdings stock appears to be overvalued. The current stock price of HK$0.18 is trading 20% above its estimated GF Value™ of HK$0.15. GuruFocus considers CTR Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:01416:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: HK$0.15 vs. price of HK$0.18 (20% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 40% above the Construction median (#184 of 1730)

No single metric tells the full story. See the HKSE:01416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTR Holdings Business Description

Address 21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854
CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.
67GF Score

Get the complete analysis for HKSE:01416

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

HK$0.18
Price
HK$0.15
GF Value