Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Teamtech Formwork SolutionsNSE:TEAMTECH -1.45%19 Piotroski F-Score is 5 as of Aug. 09, 2026, which is at its 10-year median of 5.00. GuruFocus rates NSE:TEAMTECH with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 390 Building Materials companies, Teamtech Formwork Solutions ranks better than 50.77% 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
Teamtech Formwork Solutions 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 Teamtech Formwork Solutions's Piotroski F-Score or its related term are showing as below:
NSE:TEAMTECH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 5 Max: 5
Current: 5
During the past 3 years, the highest Piotroski F-Score of Teamtech Formwork Solutions was 5. The lowest was 5. And the median was 5.
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.
Teamtech Formwork Solutions Piotroski F-Score Related Terms
Teamtech Formwork Solutions Piotroski F-Score Historical Data
* 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:TEAMTECH vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Teamtech Formwork Solutions'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.
Teamtech Formwork Solutions Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Teamtech Formwork Solutions's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Teamtech Formwork Solutions'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.
Teamtech Formwork Solutions's current Net Income (TTM) was 115.9.
==> 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.
Score 1 if positive, 0 if negative.
Teamtech Formwork Solutions's current Cash Flow from Operations (TTM) was 27.6.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Teamtech Formwork Solutions's return on assets of this year was 0.28974533. Teamtech Formwork Solutions's return on assets of last year was 0.31398777.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Teamtech Formwork Solutions's gearing of this year was 0.14388473. Teamtech Formwork Solutions's gearing of last year was 0.02611677.
==> 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
Teamtech Formwork Solutions's current ratio of this year was 1.55279141. Teamtech Formwork Solutions's current ratio of last year was 0.97093526.
==> 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.
Teamtech Formwork Solutions's number of shares in issue this year was 29.976. Teamtech Formwork Solutions's number of shares in issue last year was 29.976.
==> 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.
Teamtech Formwork Solutions's gross margin of this year was 0.50092807. Teamtech Formwork Solutions's gross margin of last year was 0.51959265.
==> 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
Teamtech Formwork Solutions's asset turnover of this year was 1.33744747. Teamtech Formwork Solutions's asset turnover of last year was 1.31035022.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
0
+
0
+
0
+
1
+
1
+
0
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Teamtech Formwork Solutions has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Teamtech Formwork Solutions (NSE:TEAMTECH) has a Piotroski F-Score of 5 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Teamtech Formwork Solutions and its competitors. This is near median its historical median of 5.00. Over the past decade, Teamtech Formwork Solutions' Piotroski F-Score has ranged from 5.00 to 5.00. According to the industry distribution chart, Teamtech Formwork Solutions ranks #192 out of 390 companies in the Building Materials industry, placing it in the top 49.2%.
Is Teamtech Formwork Solutions' Piotroski F-Score too high?
Teamtech Formwork Solutions' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 5.00. The Building Materials industry median Piotroski F-Score is 5.00. Teamtech Formwork Solutions' value of 5 is 0% at this industry median. Based on the distribution chart, Teamtech Formwork Solutions ranks #192 out of 390 companies in the Building Materials industry, which is above the industry midpoint. Overall, Teamtech Formwork Solutions has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Teamtech Formwork Solutions' Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Teamtech Formwork Solutions ranks #192 out of 390 companies for Piotroski F-Score. This puts Teamtech Formwork Solutions in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Teamtech Formwork Solutions' value of 5 is 0% at this benchmark. Historically, Teamtech Formwork Solutions' own Piotroski F-Score has ranged from 5.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Teamtech Formwork Solutions 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 390 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. Teamtech Formwork Solutions'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 Teamtech Formwork Solutions and its competitors. For the Building Materials 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. Teamtech Formwork Solutions's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamtech Formwork Solutions stock overvalued right now?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Building Materials industry median of 5.00. Teamtech Formwork Solutions' overall GF Score™ is 19/100 with 3 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 Teamtech Formwork Solutions (NSE:TEAMTECH), the current Piotroski F-Score is 5 as of Aug. 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.
Teamtech Formwork Solutions Ltd operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Its products include vertical modular formwork systems designed for vertical concrete structures such as foundations, walls, shafts, tanks, bridges, circular walls, and other structural elements. The majority of the company's revenue is derived from the sale of Standard Panel. Geographically, it also has a presence in the UAE, Bahrain, and Bhutan. The maximum revenue is derived from its product sales in India.
19GF Score
Get the complete analysis for NSE:TEAMTECH
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TEAMTECH has been successfully added to your 
