Tapi Fruit ProcessingNSE:TAPIFRUIT 53 Piotroski F-Score is 4 as of Jul. 07, 2026, which is at its 10-year median of 4.00. GuruFocus rates NSE:TAPIFRUIT with a GF Score™ of 53/100 and a GF Value™ of ₹141.26 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Tapi Fruit Processing ranks worse than 66.89% 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
Tapi Fruit Processing 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 Tapi Fruit Processing's Piotroski F-Score or its related term are showing as below:
NSE:TAPIFRUIT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 4
During the past 7 years, the highest Piotroski F-Score of Tapi Fruit Processing was 7. The lowest was 2. And the median was 4.
Tapi Fruit Processing (NSE:TAPIFRUIT) 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.
Tapi Fruit Processing Piotroski F-Score Related Terms
Tapi Fruit Processing Piotroski F-Score Historical Data
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The historical data trend for Tapi Fruit Processing'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:TAPIFRUIT vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Tapi Fruit Processing'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.
Tapi Fruit Processing Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tapi Fruit Processing's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tapi Fruit Processing'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.
Tapi Fruit Processing's current Net Income (TTM) was -16.8.
==> 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.
Tapi Fruit Processing's return on assets of this year was -0.0772151. Tapi Fruit Processing's return on assets of last year was -0.0958089.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tapi Fruit Processing's gearing of this year was 0.23826602. Tapi Fruit Processing's gearing of last year was 0.27513083.
==> 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
Tapi Fruit Processing's current ratio of this year was 0.82139637. Tapi Fruit Processing's current ratio of last year was 1.02529072.
==> 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.
Tapi Fruit Processing's number of shares in issue this year was 4.291. Tapi Fruit Processing's number of shares in issue last year was 4.21.
==> 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.
Tapi Fruit Processing's gross margin of this year was 0.23762668. Tapi Fruit Processing's gross margin of last year was 0.18436642.
==> 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
Tapi Fruit Processing's asset turnover of this year was 1.30950763. Tapi Fruit Processing's asset turnover of last year was 1.35120338.
==> 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
Tapi Fruit Processing has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Tapi Fruit Processing (NSE:TAPIFRUIT) has a Piotroski F-Score of 4 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tapi Fruit Processing and its competitors. This is near median its historical median of 4.00. Over the past decade, Tapi Fruit Processing's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Tapi Fruit Processing ranks #1279 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is Tapi Fruit Processing's Piotroski F-Score too high?
Tapi Fruit Processing's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Tapi Fruit Processing's value of 4 is 20% below this industry median. Based on the distribution chart, Tapi Fruit Processing ranks #1279 out of 1912 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tapi Fruit Processing 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 Tapi Fruit Processing's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tapi Fruit Processing ranks #1279 out of 1912 companies for Piotroski F-Score. This places Tapi Fruit Processing in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Tapi Fruit Processing's value of 4 is 20% below this benchmark. Historically, Tapi Fruit Processing's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Tapi Fruit Processing 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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. Tapi Fruit Processing'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 Tapi Fruit Processing and its competitors. For the Consumer Packaged Goods 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. Tapi Fruit Processing's current Piotroski F-Score is 4, which is near 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 Tapi Fruit Processing stock overvalued right now?
Based on GuruFocus' analysis, Tapi Fruit Processing (NSE:TAPIFRUIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.26, compared to a current price of ₹49.00 — trading 65.3% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Tapi Fruit Processing's overall GF Score™ is 53/100 with 7 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 Tapi Fruit Processing (NSE:TAPIFRUIT), the current Piotroski F-Score is 4 as of Jul. 07, 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 Tapi Fruit Processing (NSE:TAPIFRUIT) Overvalued in 2026?
Based on GuruFocus' analysis, Tapi Fruit Processing stock appears to be undervalued.
The current stock price of ₹49.00 is trading 65.3% below its estimated GF Value™ of ₹141.26.
GuruFocus considers Tapi Fruit Processing to be Possible Value Trap.
Key valuation signals for NSE:TAPIFRUIT:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: ₹141.26 vs. price of ₹49.00 (65.3% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1279 of 1912)
No single metric tells the full story. See the NSE:TAPIFRUIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tapi Fruit Processing Ltd is engaged in the manufacturing and selling of jam and jelly-based products such as candied, crystallized, and glazed fruits, fruit bars, fruit jellies, fruit jams, fruit leathers, chutneys and sauces, beverages, fruit crushes, fruit syrups, and nutraceutical products such as vitamin gummies. The company's revenue mainly comes from the sale of food products distributed through distributors, modern trade, direct sales channels, and others. The company has a domestic and international presence in over 20 countries.
53GF Score
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