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Arihant AcademyNSE:ARIHANTACA -6.45%92 Piotroski F-Score is 8 as of Aug. 27, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates NSE:ARIHANTACA with a GF Score™ of 92/100 and a GF Value™ of ₹474.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 252 Education companies, Arihant Academy ranks better than 98.41% 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
Arihant Academy has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Arihant Academy's Piotroski F-Score or its related term are showing as below:
NSE:ARIHANTACA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 8
Current: 8
During the past 7 years, the highest Piotroski F-Score of Arihant Academy was 8. The lowest was 5. And the median was 7.
Arihant Academy (NSE:ARIHANTACA) 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.
Arihant Academy Piotroski F-Score Related Terms
Arihant Academy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Arihant Academy'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.
NSE:ARIHANTACA vs EDU, TAL, LAUR: Piotroski F-Score Comparison
For the Education & Training Services subindustry, Arihant Academy'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.
Arihant Academy Piotroski F-Score vs Education Industry
For the Education industry and Consumer Defensive sector, Arihant Academy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Arihant Academy'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.
*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.
Arihant Academy's current Net Income (TTM) was 91.1.
==> 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.
Arihant Academy's return on assets of this year was 0.20980671. Arihant Academy's return on assets of last year was 0.12532706.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Arihant Academy's current ratio of this year was 0.9114391. Arihant Academy's current ratio of last year was 1.00285515.
==> 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.
Arihant Academy's number of shares in issue this year was 6.054. Arihant Academy's number of shares in issue last year was 6.056.
==> 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.
Arihant Academy's gross margin of this year was 0.8332482. Arihant Academy's gross margin of last year was 0.81600755.
==> 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
Arihant Academy's asset turnover of this year was 1.46152269. Arihant Academy's asset turnover of last year was 1.14348427.
==> 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
Arihant Academy has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Arihant Academy (NSE:ARIHANTACA) has a Piotroski F-Score of 8 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Arihant Academy and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Arihant Academy's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Arihant Academy ranks #4 out of 252 companies in the Education industry, placing it in the top 1.6%.
Is Arihant Academy's Piotroski F-Score too high?
Arihant Academy's 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 Education industry median Piotroski F-Score is 5.00. Arihant Academy's value of 8 is 60% above this industry median. Based on the distribution chart, Arihant Academy ranks #4 out of 252 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Arihant Academy has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arihant Academy's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Arihant Academy ranks #4 out of 252 companies for Piotroski F-Score. This places Arihant Academy in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Arihant Academy's value of 8 is 60% above this benchmark. Historically, Arihant Academy's 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, Arihant Academy 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. Arihant Academy'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 Arihant Academy 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. Arihant Academy'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 Arihant Academy stock overvalued right now?
Based on GuruFocus' analysis, Arihant Academy (NSE:ARIHANTACA) is currently considered Fairly Valued. The stock's GF Value™ is ₹474.38, compared to a current price of ₹449.95 — trading 5.1% 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 Education industry median of 5.00. Arihant Academy's overall GF Score™ is 92/100 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 Arihant Academy (NSE:ARIHANTACA), the current Piotroski F-Score is 8 as of Aug. 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 Arihant Academy (NSE:ARIHANTACA) Overvalued in 2026?
Based on GuruFocus' analysis, Arihant Academy stock appears to be undervalued.
The current stock price of ₹449.95 is trading 5.1% below its estimated GF Value™ of ₹474.38.
GuruFocus considers Arihant Academy to be Fairly Valued.
Key valuation signals for NSE:ARIHANTACA:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: ₹474.38 vs. price of ₹449.95 (5.1% below fair value)
Industry Position: 60% above the Education median (#4 of 252)
No single metric tells the full story. See the NSE:ARIHANTACA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arihant Academy Ltd is an education support and coaching services provider for students in secondary and higher secondary schools, for those pursuing a graduation degree in various academic streams, preparing for competitive examinations, and undertaking chartered accountancy examinations. The company follows a classroom-first model and offers coaching programs for Class 8,9,10 (SSC, ICSE, CBSE), IIT-JEE/NEET(UG)/ MHT-CET, Class 11 and 12 (State Board), and CAFC, CA-INTER, CSEET, CS-EXEC, Fintech Certification, etc. It combines classroom teaching with guided assessments, digital support tools, and practical guidance for students' progress. The company operates in one business segment, which is coaching services. Geographically, it operates within India.
92GF Score
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