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BYD CoLTS:0HKY -1.62%89 Piotroski F-Score is 5 as of Aug. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates LTS:0HKY with a GF Score™ of 89/100 and a GF Value™ of $12.73 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,291 Vehicles & Parts companies, BYD Co ranks better than 50.66% 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
BYD Co 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 BYD Co's Piotroski F-Score or its related term are showing as below:
LTS:0HKY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of BYD Co was 9. The lowest was 3. And the median was 5.
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.
BYD Co Piotroski F-Score Related Terms
BYD Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for BYD Co'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.
LTS:0HKY vs TSLA, GM, F: Piotroski F-Score Comparison
For the Auto Manufacturers subindustry, BYD Co'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.
BYD Co Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where BYD Co'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 3273.343 + 1318.413 + 592.642 + -600.996 = $4,583 Mil. Cash Flow from Operations was 1265.112 + 2596.838 + 404.856 + 0 = $4,267 Mil. Revenue was 79440.481 + 33748.781 + 21796.74 + -22119.971 = $112,866 Mil. Gross Profit was 14198.783 + 5884.811 + 4099.142 + -4159.908 = $20,023 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(117868.453 + 126612.633 + 125472.78 + 130885.647 + 138917.681) / 5 = $127951.4388 Mil. Total Assets at the begining of this year (Jun25) was $117,868 Mil. Long-Term Debt & Capital Lease Obligation was $12,516 Mil. Total Current Assets was $64,287 Mil. Total Current Liabilities was $73,847 Mil.
Net Income was 1640.313 + 2062.471 + 1262.878 + -1272.836 = $3,693 Mil.
Revenue was 28423.488 + 37750.648 + 23500.262 + -23674.053 = $66,000 Mil. Gross Profit was 5719.306 + 7421.858 + 4715.636 + -4751.573 = $13,105 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(94593.12 + 108007.28 + 107593.481 + 115945.973 + 117868.453) / 5 = $108801.6614 Mil. Total Assets at the begining of last year (Jun24) was $94,593 Mil. Long-Term Debt & Capital Lease Obligation was $2,020 Mil. Total Current Assets was $54,403 Mil. Total Current Liabilities was $71,494 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.
BYD Co's current Net Income (TTM) was 4,583.
==> 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.
BYD Co's current ratio of this year was 0.87053353. BYD Co's current ratio of last year was 0.76094488.
==> 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.
BYD Co's number of shares in issue this year was 0. BYD Co's number of shares in issue last year was 9330.48.
==> 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.
BYD Co's gross margin of this year was 0.17740349. BYD Co's gross margin of last year was 0.19856301.
==> 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
BYD Co's asset turnover of this year was 0.95755928. BYD Co's asset turnover of last year was 0.69772881.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
BYD Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
BYD Co (LTS:0HKY) has a Piotroski F-Score of 5 as of Aug. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BYD Co and its competitors. This is near median its historical median of 5.00. Over the past decade, BYD Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, BYD Co ranks #637 out of 1291 companies in the Vehicles & Parts industry, placing it in the top 49.3%.
Is BYD Co's Piotroski F-Score too high?
BYD Co'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 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. BYD Co's value of 5 is 0% at this industry median. Based on the distribution chart, BYD Co ranks #637 out of 1291 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, BYD Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's Piotroski F-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BYD Co ranks #637 out of 1291 companies for Piotroski F-Score. This puts BYD Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. BYD Co's value of 5 is 0% at this benchmark. Historically, BYD Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, BYD Co 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,291 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. BYD Co'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 BYD Co and its competitors. For the Vehicles & Parts 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. BYD Co'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 BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (LTS:0HKY) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.73, compared to a current price of $11.40 — trading 10.4% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Vehicles & Parts industry median of 5.00. BYD Co's overall GF Score™ is 89/100 with 6 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 BYD Co (LTS:0HKY), the current Piotroski F-Score is 5 as of Aug. 30, 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 BYD Co (LTS:0HKY) Overvalued in 2026?
Based on GuruFocus' analysis, BYD Co stock appears to be undervalued.
The current stock price of $11.40 is trading 10.4% below its estimated GF Value™ of $12.73.
GuruFocus considers BYD Co to be Modestly Undervalued.
Key valuation signals for LTS:0HKY:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: $12.73 vs. price of $11.40 (10.4% below fair value)
Industry Position: 0% at the Vehicles & Parts median (#637 of 1291)
No single metric tells the full story. See the LTS:0HKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.6 million passenger NEVs in 2025, accounting for 30% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
89GF Score
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