MEITF (Meitec Group Holdings) Piotroski F-Score: 8 (As of Jul. 16, 2026) — 14% Above Median

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MEITF Meitec Group Holdings Inc MEITF
80 GF Score
Price $18.75
GF Value $19.56
! 1 Warning Sign
View Full Analysis

What is Meitec Group Holdings Piotroski F-Score?

Meitec Group Holdings MEITF +1.19% 80 Piotroski F-Score is 8 as of Jul. 16, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates MEITF with a GF Score™ of 80/100 and a GF Value™ of $19.56. The stock has 1 warning sign investors should review. Among 1,064 Business Services companies, Meitec Group Holdings ranks better than 97.56% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

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

MEITF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Meitec Group Holdings was 8. The lowest was 5. And the median was 7.

Meitec Group Holdings  (OTCPK:MEITF) 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.


Meitec Group Holdings Piotroski F-Score Related Terms


Meitec Group Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Meitec Group 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.

Meitec Group Holdings Piotroski F-Score Chart

Meitec Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 6.00 6.00 8.00

Meitec Group Holdings 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 6.00 0.00 0.00 0.00 8.00

MEITF vs KFY, RHI, TNET: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, Meitec Group 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.


Meitec Group Holdings Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Meitec Group Holdings's Piotroski F-Score distribution charts can be found below:

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


MEITF
80GF Score
Meitec Group Holdings Inc MEITF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $94.9 Mil.
Cash Flow from Operations was $96.1 Mil.
Revenue was $867.7 Mil.
Gross Profit was $228.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (627.979 + 565.997) / 2 = $596.988 Mil.
Total Assets at the begining of this year (Mar25) was $628.0 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $459.0 Mil.
Total Current Liabilities was $154.7 Mil.
Net Income was $85.5 Mil.

Revenue was $892.7 Mil.
Gross Profit was $241.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (605.806 + 627.979) / 2 = $616.8925 Mil.
Total Assets at the begining of last year (Mar24) was $605.8 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $516.9 Mil.
Total Current Liabilities was $187.9 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.

Meitec Group Holdings's current Net Income (TTM) was 94.9. ==> 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.

Meitec Group Holdings's current Cash Flow from Operations (TTM) was 96.1. ==> 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)
=94.85/627.979
=0.15104008

ROA (Last Year)=Net Income/Total Assets (Mar24)
=85.47/605.806
=0.14108477

Meitec Group Holdings's return on assets of this year was 0.15104008. Meitec Group Holdings's return on assets of last year was 0.14108477. ==> 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.

Meitec Group Holdings's current Net Income (TTM) was 94.9. Meitec Group Holdings's current Cash Flow from Operations (TTM) was 96.1. ==> 96.1 > 94.9 ==> 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
=0/596.988
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/616.8925
=0

Meitec Group Holdings's gearing of this year was 0. Meitec Group Holdings'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
=459.029/154.673
=2.96773839

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=516.914/187.88
=2.7512987

Meitec Group Holdings's current ratio of this year was 2.96773839. Meitec Group Holdings's current ratio of last year was 2.7512987. ==> 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.

Meitec Group Holdings's number of shares in issue this year was 77.206. Meitec Group Holdings's number of shares in issue last year was 77.207. ==> 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
=228.702/867.681
=0.26357843

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=241.068/892.729
=0.27003492

Meitec Group Holdings's gross margin of this year was 0.26357843. Meitec Group Holdings's gross margin of last year was 0.27003492. ==> 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)
=867.681/627.979
=1.38170385

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=892.729/605.806
=1.47362192

Meitec Group Holdings's asset turnover of this year was 1.38170385. Meitec Group Holdings's asset turnover of last year was 1.47362192. ==> 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
=1+1+1+1+1+1+1+0+0
=7

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

Meitec Group 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 8 mean?
Meitec Group Holdings (MEITF) has a Piotroski F-Score of 8 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Meitec Group Holdings and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Meitec Group Holdings' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Meitec Group Holdings ranks #26 out of 1064 companies in the Business Services industry, placing it in the top 2.4%.
Is Meitec Group Holdings' Piotroski F-Score too high?
Meitec Group Holdings' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Meitec Group Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Meitec Group Holdings ranks #26 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Meitec Group Holdings has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Meitec Group Holdings' Piotroski F-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Meitec Group Holdings ranks #26 out of 1064 companies for Piotroski F-Score. This places Meitec Group Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Meitec Group Holdings' value of 8 is 60% above this benchmark. Historically, Meitec Group Holdings' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Meitec Group 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Meitec Group Holdings's current Piotroski F-Score of 8 is 60% 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 Meitec Group Holdings and its competitors. For the Business Services 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. Meitec Group Holdings's current Piotroski F-Score is 8, which is 14% above 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 Meitec Group Holdings stock overvalued right now?
Meitec Group Holdings (MEITF) has a current Piotroski F-Score of 8. The stock's GF Value™ is $19.56, compared to a current price of $18.75 — trading 4.1% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Business Services industry median of 5.00. Meitec Group Holdings' overall GF Score™ is 80/100 with 1 warning sign 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 Meitec Group Holdings (MEITF), the current Piotroski F-Score is 8 as of Jul. 16, 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 Meitec Group Holdings (MEITF) Overvalued in 2026?

Based on GuruFocus' analysis, Meitec Group Holdings stock appears to be undervalued. The current stock price of $18.75 is trading 4.1% below its estimated GF Value™ of $19.56.

Key valuation signals for MEITF:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $19.56 vs. price of $18.75 (4.1% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 60% above the Business Services median (#26 of 1064)

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


Meitec Group Holdings Business Description

Other Exchanges 9744:Japan
Address 1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.
80GF Score

Get the complete analysis for MEITF

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

$18.75
Price
$19.56
GF Value