TAC InfosecNSE:TAC -2.42%51 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NSE:TAC with a GF Score™ of 51/100. The stock has 4 warning signs investors should review. Among 2,743 Software companies, TAC Infosec ranks better than 59.83% 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
TAC Infosec 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 TAC Infosec's Piotroski F-Score or its related term are showing as below:
NSE:TAC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 5
During the past 6 years, the highest Piotroski F-Score of TAC Infosec was 8. The lowest was 3. 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.
TAC Infosec Piotroski F-Score Related Terms
TAC Infosec Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for TAC Infosec'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:TAC vs CRM, SHOP, UBER: Piotroski F-Score Comparison
For the Software - Application subindustry, TAC Infosec'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.
TAC Infosec Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, TAC Infosec's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TAC Infosec'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.
TAC Infosec's current Net Income (TTM) was 225.0.
==> 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.
TAC Infosec's return on assets of this year was 0.31539418. TAC Infosec's return on assets of last year was 0.81349889.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TAC Infosec's current ratio of this year was 10.42835366. TAC Infosec's current ratio of last year was 3.28631511.
==> This year's current ratio is higher. ==> Score 1.
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.
TAC Infosec's number of shares in issue this year was 21.127. TAC Infosec's number of shares in issue last year was 21.175.
==> 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.
TAC Infosec's gross margin of this year was 0.78152288. TAC Infosec's gross margin of last year was 0.72032787.
==> 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
TAC Infosec's asset turnover of this year was 0.80264314. TAC Infosec's asset turnover of last year was 1.72064606.
==> 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
TAC Infosec has an F-score of 5 indicating the company's financial situation is typical for a stable company.
TAC Infosec (NSE:TAC) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TAC Infosec and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, TAC Infosec's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, TAC Infosec ranks #1102 out of 2743 companies in the Software industry, placing it in the top 40.2%.
Is TAC Infosec's Piotroski F-Score too high?
TAC Infosec'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 3.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. TAC Infosec's value of 5 is 0% at this industry median. Based on the distribution chart, TAC Infosec ranks #1102 out of 2743 companies in the Software industry, which is above the industry midpoint. Overall, TAC Infosec has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does TAC Infosec's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, TAC Infosec ranks #1102 out of 2743 companies for Piotroski F-Score. This puts TAC Infosec in the upper half of its industry. The industry median Piotroski F-Score is 5.00. TAC Infosec's value of 5 is 0% at this benchmark. Historically, TAC Infosec'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 6.00 vs. the industry median of 5.00, TAC Infosec 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. TAC Infosec'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 TAC Infosec and its competitors. For the Software 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. TAC Infosec'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 TAC Infosec stock overvalued right now?
TAC Infosec (NSE:TAC) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Software industry median of 5.00. TAC Infosec's overall GF Score™ is 51/100 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 TAC Infosec (NSE:TAC), the current Piotroski F-Score is 5 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.
TAC Infosec Ltd is engaged in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and penetration testing services to organizations of various scales, sizes, and industries through the SaaS model. It offers security software products and solutions both in India and internationally, and its end customers are Banks and Financial Institutions, government regulatory bodies and departments, and large-scale enterprises (including business offices) like HDFC, Bandhan Bank, BSE, etc. Its flagship software product is ESOF (Enterprise Security in One Framework), which is a vulnerability management platform consisting of various product portfolios, namely ESOF Appsec, ESOF VMP, ESOF VACA, ESOF PCI ASV, and ESOF CRQ.
51GF Score
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