Rhetan TMTNSE:RHETAN -2.16%42 Piotroski F-Score is 5 as of Jul. 09, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NSE:RHETAN with a GF Score™ of 42/100 and a GF Value™ of ₹7.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 624 Steel companies, Rhetan TMT ranks better than 55.77% 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
Rhetan TMT has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Rhetan TMT's Piotroski F-Score or its related term are showing as below:
NSE:RHETAN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 7
Current: 5
During the past 7 years, the highest Piotroski F-Score of Rhetan TMT was 7. The lowest was 5. And the median was 6.
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.
Rhetan TMT Piotroski F-Score Related Terms
Rhetan TMT Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Rhetan TMT'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:RHETAN vs NUE, STLD, RS: Piotroski F-Score Comparison
For the Steel subindustry, Rhetan TMT'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.
Rhetan TMT Piotroski F-Score vs Steel Industry
For the Steel industry and Basic Materials sector, Rhetan TMT's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Rhetan TMT'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.
Rhetan TMT's current Net Income (TTM) was 103.0.
==> 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.
Rhetan TMT's return on assets of this year was 0.08338016. Rhetan TMT's return on assets of last year was 0.04336496.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Rhetan TMT's current ratio of this year was 4.25273358. Rhetan TMT's current ratio of last year was 4.4356534.
==> 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.
Rhetan TMT's number of shares in issue this year was 796.875. Rhetan TMT's number of shares in issue last year was 796.875.
==> 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.
Rhetan TMT's gross margin of this year was 0.46865679. Rhetan TMT's gross margin of last year was 0.19796151.
==> 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
Rhetan TMT's asset turnover of this year was 0.19789367. Rhetan TMT's asset turnover of last year was 0.32565166.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Rhetan TMT has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Rhetan TMT (NSE:RHETAN) has a Piotroski F-Score of 5 as of Jul. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rhetan TMT and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Rhetan TMT's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Rhetan TMT ranks #276 out of 624 companies in the Steel industry, placing it in the top 44.2%.
Is Rhetan TMT's Piotroski F-Score too high?
Rhetan TMT's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Steel industry median Piotroski F-Score is 5.00. Rhetan TMT's value of 5 is 0% at this industry median. Based on the distribution chart, Rhetan TMT ranks #276 out of 624 companies in the Steel industry, which is above the industry midpoint. Overall, Rhetan TMT has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Rhetan TMT ranks #276 out of 624 companies for Piotroski F-Score. This puts Rhetan TMT in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Rhetan TMT's value of 5 is 0% at this benchmark. Historically, Rhetan TMT's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Rhetan TMT has consistently been at 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 624 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. Rhetan TMT's current Piotroski F-Score of 5 is 0% at 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 Rhetan TMT and its competitors. For the Steel 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. Rhetan TMT's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.64, compared to a current price of ₹26.67 — trading 249.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Steel industry median of 5.00. Rhetan TMT's overall GF Score™ is 42/100 with 4 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 Rhetan TMT (NSE:RHETAN), the current Piotroski F-Score is 5 as of Jul. 09, 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 Rhetan TMT (NSE:RHETAN) Overvalued in 2026?
Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued.
The current stock price of ₹26.67 is trading 249.1% above its estimated GF Value™ of ₹7.64.
GuruFocus considers Rhetan TMT to be Significantly Overvalued.
Key valuation signals for NSE:RHETAN:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ₹7.64 vs. price of ₹26.67 (249.1% above fair value)
Industry Position: 0% at the Steel median (#276 of 624)
No single metric tells the full story. See the NSE:RHETAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
42GF Score
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