Thaai CastingNSE:TCL 12 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates NSE:TCL with a GF Score™ of 12/100. The stock has 8 warning signs investors should review. Among 1,287 Vehicles & Parts companies, Thaai Casting ranks worse than 69.46% 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
Thaai Casting 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 Thaai Casting's Piotroski F-Score or its related term are showing as below:
NSE:TCL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 4
During the past 5 years, the highest Piotroski F-Score of Thaai Casting was 7. The lowest was 4. 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.
Thaai Casting Piotroski F-Score Related Terms
Thaai Casting Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Thaai Casting'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:TCL vs ORLY, AZO: Piotroski F-Score Comparison
For the Auto Parts subindustry, Thaai Casting'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.
Thaai Casting Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Thaai Casting'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.
Thaai Casting's current Net Income (TTM) was 111.
==> 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.
Thaai Casting's return on assets of this year was 0.08077931. Thaai Casting's return on assets of last year was 0.19387217.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Thaai Casting's gearing of this year was 0.26614368. Thaai Casting's gearing of last year was 0.18274513.
==> Last year is lower than this year ==> Score 0.
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
Thaai Casting's current ratio of this year was 1.34720576. Thaai Casting's current ratio of last year was 1.56404163.
==> 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.
Thaai Casting's number of shares in issue this year was 23.13. Thaai Casting's number of shares in issue last year was 23.13.
==> 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.
Thaai Casting's gross margin of this year was 0.49194959. Thaai Casting's gross margin of last year was 0.468931.
==> 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
Thaai Casting's asset turnover of this year was 0.89275474. Thaai Casting's asset turnover of last year was 1.29055455.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Thaai Casting has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Thaai Casting (NSE:TCL) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Thaai Casting and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Thaai Casting's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Thaai Casting ranks #894 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 69.5%.
Is Thaai Casting's Piotroski F-Score too high?
Thaai Casting's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Thaai Casting's value of 4 is 20% below this industry median. Based on the distribution chart, Thaai Casting ranks #894 out of 1287 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Thaai Casting has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #894 out of 1287 companies for Piotroski F-Score. This places Thaai Casting in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Thaai Casting's value of 4 is 20% below this benchmark. Historically, Thaai Casting's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Thaai Casting 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. Thaai Casting'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 Thaai Casting and its competitors. For the Vehicles & Parts 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. Thaai Casting's current Piotroski F-Score is 4, which is 33% 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 Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Vehicles & Parts industry median of 5.00. Thaai Casting's overall GF Score™ is 12/100 with 8 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 Thaai Casting (NSE:TCL), the current Piotroski F-Score is 4 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.
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
12GF Score
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