New Delhi TelevisionNSE:NDTV -0.44%53 Piotroski F-Score is 3 as of Jul. 04, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates NSE:NDTV with a GF Score™ of 53/100 and a GF Value™ of ₹159.83 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,008 Media - Diversified companies, New Delhi Television ranks worse than 79.66% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
New Delhi Television has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for New Delhi Television's Piotroski F-Score or its related term are showing as below:
NSE:NDTV'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 8
Current: 3
During the past 13 years, the highest Piotroski F-Score of New Delhi Television was 8. The lowest was 1. And the median was 4.
New Delhi Television (NSE:NDTV) 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.
New Delhi Television Piotroski F-Score Related Terms
New Delhi Television Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for New Delhi Television'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.
For the Broadcasting subindustry, New Delhi Television'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.
New Delhi Television Piotroski F-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, New Delhi Television's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where New Delhi Television'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.
New Delhi Television's current Net Income (TTM) was -3,226.
==> Negative ==> Score 0.
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.
New Delhi Television's current Cash Flow from Operations (TTM) was -2,579.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
New Delhi Television's return on assets of this year was -0.50170134. New Delhi Television's return on assets of last year was -0.36055005.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
New Delhi Television's gearing of this year was 0.34937342. New Delhi Television's gearing of last year was 0.50608748.
==> 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
New Delhi Television's current ratio of this year was 1.0355604. New Delhi Television's current ratio of last year was 1.04303447.
==> 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.
New Delhi Television's number of shares in issue this year was 87.522. New Delhi Television's number of shares in issue last year was 81.199.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
New Delhi Television's gross margin of this year was 0.52434657. New Delhi Television's gross margin of last year was 0.59329378.
==> 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
New Delhi Television's asset turnover of this year was 0.82156809. New Delhi Television's asset turnover of last year was 0.77587668.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
New Delhi Television has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
New Delhi Television (NSE:NDTV) has a Piotroski F-Score of 3 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on New Delhi Television and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, New Delhi Television's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, New Delhi Television ranks #803 out of 1008 companies in the Media - Diversified industry, placing it in the top 79.7%.
Is New Delhi Television's Piotroski F-Score too high?
New Delhi Television's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. New Delhi Television's value of 3 is 40% below this industry median. Based on the distribution chart, New Delhi Television ranks #803 out of 1008 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, New Delhi Television has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Delhi Television's Piotroski F-Score compare to NXST?
According to the Media - Diversified industry distribution chart, New Delhi Television ranks #803 out of 1008 companies for Piotroski F-Score. This places New Delhi Television in the lower half of its industry. The industry median Piotroski F-Score is 5.00. New Delhi Television's value of 3 is 40% below this benchmark. Historically, New Delhi Television's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, New Delhi Television 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 1,008 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. New Delhi Television's current Piotroski F-Score of 3 is 40% 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 New Delhi Television 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. New Delhi Television's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Delhi Television stock overvalued right now?
Based on GuruFocus' analysis, New Delhi Television (NSE:NDTV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹159.83, compared to a current price of ₹81.16 — trading 49.2% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Media - Diversified industry median of 5.00. New Delhi Television's overall GF Score™ is 53/100 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 New Delhi Television (NSE:NDTV), the current Piotroski F-Score is 3 as of Jul. 04, 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 New Delhi Television (NSE:NDTV) Overvalued in 2026?
Based on GuruFocus' analysis, New Delhi Television stock appears to be undervalued.
The current stock price of ₹81.16 is trading 49.2% below its estimated GF Value™ of ₹159.83.
GuruFocus considers New Delhi Television to be Possible Value Trap.
Key valuation signals for NSE:NDTV:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: ₹159.83 vs. price of ₹81.16 (49.2% below fair value)
Industry Position: 40% below the Media - Diversified median (#803 of 1008)
No single metric tells the full story. See the NSE:NDTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Delhi Television Ltd is in the business of television media and currently operates three channels including a dual channel namely NDTV 24x7, NDTV India, and NDTV Profit. The subsidiaries of the company include NDTV Convergence Ltd and NDTV World-wide Ltd offers consultancy for setting up of local television news channels in emerging markets across the world. The company also has associates and joint venture engaged into different e-commerce businesses on various platforms such as www.Gadgets360.com and www.mojarto.com. The company operates in India, America, Europe and Others.
53GF Score
Get the complete analysis for NSE:NDTV
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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