TAL Education Group (MEX:TAL N) Piotroski F-Score: 7 (As of Jun. 27, 2026) — 40% Above Median


MEX:TAL N TAL Education Group MEX:TAL N
64 GF Score
Price MXN155.00
GF Value MXN337.47
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAL Education Group Piotroski F-Score?

TAL Education Group MEX:TAL N 64 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates MEX:TAL N with a GF Score™ of 64/100 and a GF Value™ of MXN337.47 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 255 Education companies, TAL Education Group ranks better than 87.84% 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

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

MEX:TAL N' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of TAL Education Group was 7. The lowest was 2. And the median was 5.

TAL Education Group  (MEX:TAL N) 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.


TAL Education Group Piotroski F-Score Related Terms


TAL Education Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for TAL Education Group'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.

TAL Education Group Piotroski F-Score Chart

TAL Education Group 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 6.00 5.00 5.00 7.00

TAL Education Group Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 Premium Member Only Premium Member Only Premium Member Only 5.00 7.00 8.00 7.00 7.00

MEX:TAL N vs GHC, LAUR, EDU: Piotroski F-Score Comparison

For the Education & Training Services subindustry, TAL Education Group'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.


TAL Education Group Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Piotroski F-Score distribution charts can be found below:

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


MEX:TAL N
64GF Score
TAL Education Group MEX:TAL N
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 607.813 + 2340.285 + 2392.529 + 4215.455 = MXN9,556 Mil.
Cash Flow from Operations was 6757.5 + -1095.7 + 9650.029 + -3701.848 = MXN11,610 Mil.
Revenue was 11172.293 + 16245.541 + 14109.628 + 13817.7 = MXN55,345 Mil.
Gross Profit was 6128.8 + 9260.746 + 7910.78 + 7357.217 = MXN30,658 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was
(112952.651 + 111046.992 + 102839.449 + 108448.149 + 102227.052) / 5 = MXN107502.8586 Mil.
Total Assets at the begining of this year (Feb25) was MXN112,953 Mil.
Long-Term Debt & Capital Lease Obligation was MXN4,789 Mil.
Total Current Assets was MXN66,181 Mil.
Total Current Liabilities was MXN30,432 Mil.
Net Income was 193.766 + 1132.856 + 470.163 + -150.061 = MXN1,647 Mil.

Revenue was 7038.694 + 12217.211 + 12359.821 + 12525.4 = MXN44,141 Mil.
Gross Profit was 3639.758 + 6878.857 + 6516.886 + 6518.723 = MXN23,554 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was
(84060.954 + 90116.412 + 105352.464 + 117985.437 + 112952.651) / 5 = MXN102093.5836 Mil.
Total Assets at the begining of last year (Feb24) was MXN84,061 Mil.
Long-Term Debt & Capital Lease Obligation was MXN5,027 Mil.
Total Current Assets was MXN84,707 Mil.
Total Current Liabilities was MXN29,584 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.

TAL Education Group's current Net Income (TTM) was 9,556. ==> 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.

TAL Education Group's current Cash Flow from Operations (TTM) was 11,610. ==> 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)
=9556.082/112952.651
=0.08460255

ROA (Last Year)=Net Income/Total Assets (Feb24)
=1646.724/84060.954
=0.01958964

TAL Education Group's return on assets of this year was 0.08460255. TAL Education Group's return on assets of last year was 0.01958964. ==> 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.

TAL Education Group's current Net Income (TTM) was 9,556. TAL Education Group's current Cash Flow from Operations (TTM) was 11,610. ==> 11,610 > 9,556 ==> 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
=4788.784/107502.8586
=0.04454564

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=5026.568/102093.5836
=0.04923491

TAL Education Group's gearing of this year was 0.04454564. TAL Education Group's gearing of last year was 0.04923491. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=66181.182/30432.18
=2.17471052

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=84706.684/29584.183
=2.86324229

TAL Education Group's current ratio of this year was 2.17471052. TAL Education Group's current ratio of last year was 2.86324229. ==> 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.

TAL Education Group's number of shares in issue this year was 560.234. TAL Education Group's number of shares in issue last year was 616.894. ==> 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
=30657.543/55345.162
=0.55393357

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23554.224/44141.126
=0.53361176

TAL Education Group's gross margin of this year was 0.55393357. TAL Education Group's gross margin of last year was 0.53361176. ==> 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)
=55345.162/112952.651
=0.48998551

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=44141.126/84060.954
=0.52510855

TAL Education Group's asset turnover of this year was 0.48998551. TAL Education Group's asset turnover of last year was 0.52510855. ==> 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+0+1+1+0
=7

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

TAL Education Group 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?
TAL Education Group (MEX:TAL N) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TAL Education Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, TAL Education Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, TAL Education Group ranks #31 out of 255 companies in the Education industry, placing it in the top 12.2%.
Is TAL Education Group's Piotroski F-Score too high?
TAL Education Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Education industry median Piotroski F-Score is 5.00. TAL Education Group's value of 7 is 40% above this industry median. Based on the distribution chart, TAL Education Group ranks #31 out of 255 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, TAL Education Group has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAL Education Group's Piotroski F-Score compare to GHC and LAUR?
According to the Education industry distribution chart, TAL Education Group ranks #31 out of 255 companies for Piotroski F-Score. This places TAL Education Group in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TAL Education Group's value of 7 is 40% above this benchmark. Historically, TAL Education Group's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, TAL Education Group 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 255 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. TAL Education Group'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 TAL Education Group and its competitors. For the Education 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. TAL Education Group's current Piotroski F-Score is 7, which is 40% above 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 TAL Education Group stock overvalued right now?
Based on GuruFocus' analysis, TAL Education Group (MEX:TAL N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN337.47, compared to a current price of MXN155.00 — trading 54.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Education industry median of 5.00. TAL Education Group's overall GF Score™ is 64/100 with 3 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 TAL Education Group (MEX:TAL N), the current Piotroski F-Score is 7 as of Jun. 27, 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 TAL Education Group (MEX:TAL N) Overvalued in 2026?

Based on GuruFocus' analysis, TAL Education Group stock appears to be undervalued. The current stock price of MXN155.00 is trading 54.1% below its estimated GF Value™ of MXN337.47. GuruFocus considers TAL Education Group to be Significantly Undervalued.

Key valuation signals for MEX:TAL N:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: MXN337.47 vs. price of MXN155.00 (54.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 40% above the Education median (#31 of 255)

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


TAL Education Group Business Description

Address Qixin Middle Street, TAL Building No.1, Courtyard No. 9, Changping District, Beijing, CHN, 102200
TAL Education Group is a leading learning solutions provider in China. It operates a few business lines including enrichment learning, high school academic tutoring, learning technology, and content solutions. Among those business lines, TAL focuses on enrichment learning and content solutions.
64GF Score

Get the complete analysis for MEX:TAL N

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

MXN155.00
Price
MXN337.47
GF Value