The Trade DeskMEX:TTD +4.92%89 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates MEX:TTD with a GF Score™ of 89/100 and a GF Value™ of MXN2,198.01 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,015 Media - Diversified companies, The Trade Desk ranks worse than 59.31% 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
The Trade Desk has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for The Trade Desk's Piotroski F-Score or its related term are showing as below:
MEX:TTD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 4
During the past 12 years, the highest Piotroski F-Score of The Trade Desk was 8. The lowest was 3. And the median was 5.
The Trade Desk (MEX:TTD) 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.
The Trade Desk Piotroski F-Score Related Terms
The Trade Desk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The Trade Desk'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:TTD vs MGNI, STGW, ZD: Piotroski F-Score Comparison
For the Advertising Agencies subindustry, The Trade Desk'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.
The Trade Desk Piotroski F-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Trade Desk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Trade Desk'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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 1697.057 + 2119.617 + 3366.166 + 721.254 = MXN7,904 Mil. Cash Flow from Operations was 3107.063 + 4121.685 + 5610.378 + 7065.302 = MXN19,904 Mil. Revenue was 13068.199 + 13564.307 + 15247.065 + 12421.952 = MXN54,302 Mil. Gross Profit was 10225.367 + 10589.721 + 12310.443 + 9140.541 = MXN42,266 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(116723.053 + 112180.777 + 108971.904 + 110793.033 + 103406.426) / 5 = MXN110415.0386 Mil. Total Assets at the begining of this year (Mar25) was MXN116,723 Mil. Long-Term Debt & Capital Lease Obligation was MXN6,241 Mil. Total Current Assets was MXN87,669 Mil. Total Current Liabilities was MXN52,122 Mil.
Net Income was 1557.74 + 1853.999 + 3800.513 + 1036.781 = MXN8,249 Mil.
Revenue was 10709.016 + 12365.823 + 15454.324 + 12602.681 = MXN51,132 Mil. Gross Profit was 8685.396 + 9950.69 + 12633.236 + 9680.452 = MXN40,950 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(77401.564 + 94530.303 + 108401.501 + 127469.016 + 116723.053) / 5 = MXN104905.0874 Mil. Total Assets at the begining of last year (Mar24) was MXN77,402 Mil. Long-Term Debt & Capital Lease Obligation was MXN5,374 Mil. Total Current Assets was MXN99,352 Mil. Total Current Liabilities was MXN54,870 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.
The Trade Desk's current Net Income (TTM) was 7,904.
==> 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.
The Trade Desk's return on assets of this year was 0.06771665. The Trade Desk's return on assets of last year was 0.1065745.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Trade Desk's gearing of this year was 0.05651926. The Trade Desk's gearing of last year was 0.05122434.
==> 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
The Trade Desk's current ratio of this year was 1.6819791. The Trade Desk's current ratio of last year was 1.81067216.
==> 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.
The Trade Desk's number of shares in issue this year was 476.883. The Trade Desk's number of shares in issue last year was 502.944.
==> 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.
The Trade Desk's gross margin of this year was 0.77835887. The Trade Desk's gross margin of last year was 0.80086636.
==> 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
The Trade Desk's asset turnover of this year was 0.46521678. The Trade Desk's asset turnover of last year was 0.66060479.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Trade Desk has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The Trade Desk (MEX:TTD) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Trade Desk and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, The Trade Desk's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, The Trade Desk ranks #602 out of 1015 companies in the Media - Diversified industry, placing it in the top 59.3%.
Is The Trade Desk's Piotroski F-Score too high?
The Trade Desk's current Piotroski F-Score of 4 is 20% below 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 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. The Trade Desk's value of 4 is 20% below this industry median. Based on the distribution chart, The Trade Desk ranks #602 out of 1015 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, The Trade Desk has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Trade Desk's Piotroski F-Score compare to MGNI and STGW?
According to the Media - Diversified industry distribution chart, The Trade Desk ranks #602 out of 1015 companies for Piotroski F-Score. This places The Trade Desk in the lower half of its industry. The industry median Piotroski F-Score is 5.00. The Trade Desk's value of 4 is 20% below this benchmark. Historically, The Trade Desk's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, The Trade Desk has consistently been below 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,015 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. The Trade Desk's current Piotroski F-Score of 4 is 20% below 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 The Trade Desk and its competitors. For the Media - Diversified 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. The Trade Desk's current Piotroski F-Score is 4, which is 20% below 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 The Trade Desk stock overvalued right now?
Based on GuruFocus' analysis, The Trade Desk (MEX:TTD) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,198.01, compared to a current price of MXN320.00 — trading 85.4% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Media - Diversified industry median of 5.00. The Trade Desk's overall GF Score™ is 89/100 with 2 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 The Trade Desk (MEX:TTD), the current Piotroski F-Score is 4 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 The Trade Desk (MEX:TTD) Overvalued in 2026?
Based on GuruFocus' analysis, The Trade Desk stock appears to be undervalued.
The current stock price of MXN320.00 is trading 85.4% below its estimated GF Value™ of MXN2,198.01.
GuruFocus considers The Trade Desk to be Significantly Undervalued.
Key valuation signals for MEX:TTD:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: MXN2,198.01 vs. price of MXN320.00 (85.4% below fair value)
Industry Position: 20% below the Media - Diversified median (#602 of 1015)
No single metric tells the full story. See the MEX:TTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
89GF Score
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