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TAL Education GroupMEX:TAL N 68 Piotroski F-Score is 7 as of Aug. 12, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates MEX:TAL N with a GF Score™ of 68/100 and a GF Value™ of MXN322.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 252 Education companies, TAL Education Group ranks better than 86.51% 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 6 indicating the company's financial situation is typical for a stable company.
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: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of TAL Education Group was 8. 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.
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.
MEX:TAL N vs LAUR, CVSA, LOPE: 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.
* 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 (May26) TTM:
Last Year (May25) TTM:
Net Income was 2340.285 + 2392.529 + 4215.455 + 7078.84 = MXN16,027 Mil. Cash Flow from Operations was -1095.7 + 9650.029 + -3701.848 + 8297.299 = MXN13,150 Mil. Revenue was 16245.541 + 14109.628 + 13817.7 + 13157.689 = MXN57,331 Mil. Gross Profit was 9260.746 + 7910.78 + 7357.217 + 7602.665 = MXN32,131 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was
(111046.992 + 102839.449 + 108448.149 + 102227.052 + 117418.103) / 5 = MXN108395.949 Mil. Total Assets at the begining of this year (May25) was MXN111,047 Mil. Long-Term Debt & Capital Lease Obligation was MXN4,974 Mil. Total Current Assets was MXN64,018 Mil. Total Current Liabilities was MXN37,846 Mil.
Net Income was 1132.856 + 470.163 + -150.061 + 607.813 = MXN2,061 Mil.
Revenue was 12217.211 + 12359.821 + 12525.4 + 11172.293 = MXN48,275 Mil. Gross Profit was 6878.857 + 6516.886 + 6518.723 + 6128.8 = MXN26,043 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was
(90116.412 + 105352.464 + 117985.437 + 112952.651 + 111046.992) / 5 = MXN107490.7912 Mil. Total Assets at the begining of last year (May24) was MXN90,116 Mil. Long-Term Debt & Capital Lease Obligation was MXN5,351 Mil. Total Current Assets was MXN79,666 Mil. Total Current Liabilities was MXN35,482 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 16,027.
==> 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.
TAL Education Group's return on assets of this year was 0.14432727. TAL Education Group's return on assets of last year was 0.02286788.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TAL Education Group's gearing of this year was 0.04589113. TAL Education Group's gearing of last year was 0.04977679.
==> 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
TAL Education Group's current ratio of this year was 1.69151319. TAL Education Group's current ratio of last year was 2.24521756.
==> 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 558.915. TAL Education Group's number of shares in issue last year was 614.704.
==> 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.
TAL Education Group's gross margin of this year was 0.56045866. TAL Education Group's gross margin of last year was 0.53948036.
==> 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
TAL Education Group's asset turnover of this year was 0.51627295. TAL Education Group's asset turnover of last year was 0.53569293.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
TAL Education Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
TAL Education Group (MEX:TAL N) has a Piotroski F-Score of 7 as of Aug. 12, 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 8.00. According to the industry distribution chart, TAL Education Group ranks #34 out of 252 companies in the Education industry, placing it in the top 13.5%.
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 8.00. 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 #34 out of 252 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 68/100 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 LAUR and CVSA?
According to the Education industry distribution chart, TAL Education Group ranks #34 out of 252 companies for Piotroski F-Score. This places TAL Education Group in the top 14% 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 8.00 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 252 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 MXN322.84, compared to a current price of MXN205.00 — trading 36.5% 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 68/100 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 TAL Education Group (MEX:TAL N), the current Piotroski F-Score is 7 as of Aug. 12, 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 MXN205.00 is trading 36.5% below its estimated GF Value™ of MXN322.84.
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™: MXN322.84 vs. price of MXN205.00 (36.5% below fair value)
Industry Position: 40% above the Education median (#34 of 252)
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 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.
68GF Score
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