DCT Trading Dis Ticaret (IST:DCTTR) Piotroski F-Score: 5 (As of Jul. 13, 2026) — Near Median

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IST:DCTTR DCT Trading Dis Ticaret IST:DCTTR
14 GF Score
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What is DCT Trading Dis Ticaret Piotroski F-Score?

DCT Trading Dis Ticaret IST:DCTTR -3.68% 14 Piotroski F-Score is 5 as of Jul. 13, 2026, which is at its 10-year median of 5.00. GuruFocus rates IST:DCTTR with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 785 Capital Markets companies, DCT Trading Dis Ticaret ranks better than 64.46% 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

DCT Trading Dis Ticaret 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 DCT Trading Dis Ticaret's Piotroski F-Score or its related term are showing as below:

IST:DCTTR' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 5
Current: 5

During the past 5 years, the highest Piotroski F-Score of DCT Trading Dis Ticaret was 5. The lowest was 3. And the median was 5.

DCT Trading Dis Ticaret  (IST:DCTTR) 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.


DCT Trading Dis Ticaret Piotroski F-Score Related Terms


DCT Trading Dis Ticaret Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DCT Trading Dis Ticaret'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.

DCT Trading Dis Ticaret Piotroski F-Score Chart

DCT Trading Dis Ticaret Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A N/A 5.00 4.00

DCT Trading Dis Ticaret Quarterly Data
Dec21 Dec22 Mar23 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 3.00 N/A N/A 4.00 5.00

IST:DCTTR vs MS, GS, SCHW: Piotroski F-Score Comparison

For the Capital Markets subindustry, DCT Trading Dis Ticaret'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.


DCT Trading Dis Ticaret Piotroski F-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DCT Trading Dis Ticaret's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where DCT Trading Dis Ticaret's Piotroski F-Score falls into.


IST:DCTTR
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DCT Trading Dis Ticaret IST:DCTTR
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 -9.786 + -56.45 + -79.906 + -34.567 = ₺-181 Mil.
Cash Flow from Operations was -39.769 + 38.442 + -54.668 + 62.247 = ₺6 Mil.
Revenue was 668.954 + 144.342 + 286.607 + 628.163 = ₺1,728 Mil.
Gross Profit was 135.738 + 15.336 + 36.617 + 56.239 = ₺244 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1850.368 + 1862.783 + 1615.31 + 1845.66 + 1996.452) / 5 = ₺1834.1146 Mil.
Total Assets at the begining of this year (Mar25) was ₺1,850 Mil.
Long-Term Debt & Capital Lease Obligation was ₺325 Mil.
Total Current Assets was ₺1,205 Mil.
Total Current Liabilities was ₺488 Mil.
Net Income was -30.344 + -43.923 + 11.904 + 31.205 = ₺-31 Mil.

Revenue was 367.389 + 396.803 + 1217.918 + 1790.392 = ₺3,773 Mil.
Gross Profit was -46.287 + -28.634 + -11.358 + 198.164 = ₺112 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(945.771 + 0 + 1118.679 + 1736.937 + 1850.368) / 5 = ₺1412.93875 Mil.
Total Assets at the begining of last year (Mar24) was ₺946 Mil.
Long-Term Debt & Capital Lease Obligation was ₺11 Mil.
Total Current Assets was ₺1,315 Mil.
Total Current Liabilities was ₺790 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.

DCT Trading Dis Ticaret's current Net Income (TTM) was -181. ==> 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.

DCT Trading Dis Ticaret's current Cash Flow from Operations (TTM) was 6. ==> 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)
=-180.709/1850.368
=-0.09766111

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-31.158/945.771
=-0.03294455

DCT Trading Dis Ticaret's return on assets of this year was -0.09766111. DCT Trading Dis Ticaret's return on assets of last year was -0.03294455. ==> 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.

DCT Trading Dis Ticaret's current Net Income (TTM) was -181. DCT Trading Dis Ticaret's current Cash Flow from Operations (TTM) was 6. ==> 6 > -181 ==> 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
=325.228/1834.1146
=0.17732153

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=10.901/1412.93875
=0.00771513

DCT Trading Dis Ticaret's gearing of this year was 0.17732153. DCT Trading Dis Ticaret's gearing of last year was 0.00771513. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1205.314/488.046
=2.46967294

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1315.234/789.551
=1.66579993

DCT Trading Dis Ticaret's current ratio of this year was 2.46967294. DCT Trading Dis Ticaret's current ratio of last year was 1.66579993. ==> 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.

DCT Trading Dis Ticaret's number of shares in issue this year was 390. DCT Trading Dis Ticaret's number of shares in issue last year was 390. ==> 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
=243.93/1728.066
=0.1411578

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=111.885/3772.502
=0.02965804

DCT Trading Dis Ticaret's gross margin of this year was 0.1411578. DCT Trading Dis Ticaret's gross margin of last year was 0.02965804. ==> 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)
=1728.066/1850.368
=0.93390396

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3772.502/945.771
=3.98881125

DCT Trading Dis Ticaret's asset turnover of this year was 0.93390396. DCT Trading Dis Ticaret's asset turnover of last year was 3.98881125. ==> 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+1+0+1+0+1+1+1+0
=5

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

DCT Trading Dis Ticaret has an F-score of 5 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 5 mean?
DCT Trading Dis Ticaret (IST:DCTTR) has a Piotroski F-Score of 5 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DCT Trading Dis Ticaret and its competitors. This is near median its historical median of 5.00. Over the past decade, DCT Trading Dis Ticaret's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, DCT Trading Dis Ticaret ranks #279 out of 785 companies in the Capital Markets industry, placing it in the top 35.5%.
Is DCT Trading Dis Ticaret's Piotroski F-Score too high?
DCT Trading Dis Ticaret's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Capital Markets industry median Piotroski F-Score is 5.00. DCT Trading Dis Ticaret's value of 5 is 0% at this industry median. Based on the distribution chart, DCT Trading Dis Ticaret ranks #279 out of 785 companies in the Capital Markets industry, which is above the industry midpoint. Overall, DCT Trading Dis Ticaret has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does DCT Trading Dis Ticaret's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, DCT Trading Dis Ticaret ranks #279 out of 785 companies for Piotroski F-Score. This puts DCT Trading Dis Ticaret in the upper half of its industry. The industry median Piotroski F-Score is 5.00. DCT Trading Dis Ticaret's value of 5 is 0% at this benchmark. Historically, DCT Trading Dis Ticaret's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, DCT Trading Dis Ticaret 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 785 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. DCT Trading Dis Ticaret'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 DCT Trading Dis Ticaret and its competitors. For the Capital Markets 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. DCT Trading Dis Ticaret's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCT Trading Dis Ticaret stock overvalued right now?
DCT Trading Dis Ticaret (IST:DCTTR) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Capital Markets industry median of 5.00. DCT Trading Dis Ticaret's overall GF Score™ is 14/100 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 DCT Trading Dis Ticaret (IST:DCTTR), the current Piotroski F-Score is 5 as of Jul. 13, 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.

DCT Trading Dis Ticaret Business Description

Address 9 A Block N:16/1, Atakoy 7-8-9-10 Section, Mh Selenium Retro, Bakirkoy, Istanbul, TUR, 34158
DCT Trading Dis Ticaret is one of the leading companies in commodity trading in the country. The company conducts export, import, and transit trade processes in line with commodity price trends. Operating on the principle of Safe Trade, DCT emphasizes the rights and sensitivities of both sellers and buyers, ensuring trade with quality and quantity precision across almost every region worldwide. Cotton, corn, and rice are among the significant commodities that DCT Trading facilitates trade for.
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