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Trident TechlabsNSE:TECHLABS -4.22%23 Piotroski F-Score is 7 as of Sep. 16, 2026, which is at its 10-year median of 7.00. GuruFocus rates NSE:TECHLABS with a GF Score™ of 23/100. Among 2,751 Software companies, Trident Techlabs ranks better than 91.89% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Trident Techlabs 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 Trident Techlabs's Piotroski F-Score or its related term are showing as below:
NSE:TECHLABS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 8
Current: 7
During the past 5 years, the highest Piotroski F-Score of Trident Techlabs was 8. The lowest was 6. And the median was 7.
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.
Trident Techlabs Piotroski F-Score Related Terms
Trident Techlabs Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Trident Techlabs'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.
Trident Techlabs Piotroski F-Score Chart
Trident Techlabs Annual Data
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Trident Techlabs Semi-Annual Data
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NSE:TECHLABS vs IBM, ACN, CTSH: Piotroski F-Score Comparison
For the Information Technology Services subindustry, Trident Techlabs'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.
Trident Techlabs Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Trident Techlabs's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Trident Techlabs'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.
Trident Techlabs's current Net Income (TTM) was 115.0.
==> 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.
Trident Techlabs's return on assets of this year was 0.11637523. Trident Techlabs's return on assets of last year was 0.18804728.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Trident Techlabs's gearing of this year was 0.08044683. Trident Techlabs's gearing of last year was 0.17591244.
==> 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
Trident Techlabs's current ratio of this year was 3.40471056. Trident Techlabs's current ratio of last year was 2.36743627.
==> 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.
Trident Techlabs's number of shares in issue this year was 17.281. Trident Techlabs's number of shares in issue last year was 17.281.
==> 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.
Trident Techlabs's gross margin of this year was 0.42038632. Trident Techlabs's gross margin of last year was 0.37258023.
==> 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
Trident Techlabs's asset turnover of this year was 0.77472432. Trident Techlabs's asset turnover of last year was 1.45781759.
==> 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
Trident Techlabs has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Trident Techlabs (NSE:TECHLABS) has a Piotroski F-Score of 7 as of Sep. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Trident Techlabs and its competitors. This is near median its historical median of 7.00. Over the past decade, Trident Techlabs' Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Trident Techlabs ranks #223 out of 2751 companies in the Software industry, placing it in the top 8.1%.
Is Trident Techlabs' Piotroski F-Score too high?
Trident Techlabs' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Trident Techlabs' value of 7 is 40% above this industry median. Based on the distribution chart, Trident Techlabs ranks #223 out of 2751 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Trident Techlabs has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Trident Techlabs' Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Trident Techlabs ranks #223 out of 2751 companies for Piotroski F-Score. This places Trident Techlabs in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Trident Techlabs' value of 7 is 40% above this benchmark. Historically, Trident Techlabs' own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Trident Techlabs has consistently been above 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 2,751 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. Trident Techlabs's current Piotroski F-Score of 7 is 40% above 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 Trident Techlabs 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. Trident Techlabs's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Techlabs stock overvalued right now?
Trident Techlabs (NSE:TECHLABS) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Software industry median of 5.00. Trident Techlabs' overall GF Score™ is 23/100. 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 Trident Techlabs (NSE:TECHLABS), the current Piotroski F-Score is 7 as of Sep. 16, 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.
Trident Techlabs Ltd provides custom-built technology solutions across aerospace, defense, automotive, telecom, semiconductor, and power distribution sectors. It operates through two verticals: Engineering Solutions and Power System Solutions. Engineering Solutions mostly serves defense and aerospace by offering off-the-shelf design verification and reliability assessment, helping reduce time-to-market and investment in developing custom electronic hardware, IC designs, and mechatronic systems. Power System Solutions delivers advisory, engineering consultancy, and software services to improve power distribution efficiency and enable IT-based operations management with asset and consumer information systems. Its business segment includes the trading business and the consultancy business.
23GF Score
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