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Tan Chong InternationalSGX:T15 73 Piotroski F-Score is 6 as of Aug. 13, 2026, which is at its 10-year median of 6.00. GuruFocus rates SGX:T15 with a GF Score™ of 73/100 and a GF Value™ of HK$1.17 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,276 Vehicles & Parts companies, Tan Chong International ranks better than 72.34% 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
Tan Chong International has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Tan Chong International's Piotroski F-Score or its related term are showing as below:
SGX:T15'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Tan Chong International was 7. The lowest was 4. And the median was 6.
Tan Chong International (SGX:T15) 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.
Tan Chong International Piotroski F-Score Related Terms
Tan Chong International Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tan Chong International'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.
SGX:T15 vs CVNA, PAG, KMX: Piotroski F-Score Comparison
For the Auto & Truck Dealerships subindustry, Tan Chong International'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.
Tan Chong International Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tan Chong International'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.
Tan Chong International's current Net Income (TTM) was 144.
==> 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.
Tan Chong International's current Cash Flow from Operations (TTM) was 1,407.
==> 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.
Tan Chong International's return on assets of this year was 0.00606387. Tan Chong International's return on assets of last year was 0.02053805.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tan Chong International's gearing of this year was 0.10595934. Tan Chong International's gearing of last year was 0.14517582.
==> 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
Tan Chong International's current ratio of this year was 1.10686576. Tan Chong International's current ratio of last year was 1.20295426.
==> 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.
Tan Chong International's number of shares in issue this year was 2013.309. Tan Chong International's number of shares in issue last year was 2013.309.
==> 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.
Tan Chong International's gross margin of this year was 0.2018566. Tan Chong International's gross margin of last year was 0.19822426.
==> 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
Tan Chong International's asset turnover of this year was 0.50861304. Tan Chong International's asset turnover of last year was 0.54415169.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tan Chong International has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Tan Chong International (SGX:T15) has a Piotroski F-Score of 6 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tan Chong International and its competitors. This is near median its historical median of 6.00. Over the past decade, Tan Chong International's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Tan Chong International ranks #353 out of 1276 companies in the Vehicles & Parts industry, placing it in the top 27.7%.
Is Tan Chong International's Piotroski F-Score too high?
Tan Chong International's current Piotroski F-Score of 6 is near 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. Tan Chong International's value of 6 is 20% above this industry median. Based on the distribution chart, Tan Chong International ranks #353 out of 1276 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tan Chong International has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Chong International's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Tan Chong International ranks #353 out of 1276 companies for Piotroski F-Score. This puts Tan Chong International in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tan Chong International's value of 6 is 20% above this benchmark. Historically, Tan Chong International'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, Tan Chong International 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,276 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. Tan Chong International's current Piotroski F-Score of 6 is 20% 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 Tan Chong International 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. Tan Chong International's current Piotroski F-Score is 6, which is near 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 Tan Chong International stock overvalued right now?
Based on GuruFocus' analysis, Tan Chong International (SGX:T15) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.17, compared to a current price of HK$1.60 — trading 36.8% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Vehicles & Parts industry median of 5.00. Tan Chong International's overall GF Score™ is 73/100 with 5 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 Tan Chong International (SGX:T15), the current Piotroski F-Score is 6 as of Aug. 13, 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 Tan Chong International (SGX:T15) Overvalued in 2026?
Based on GuruFocus' analysis, Tan Chong International stock appears to be overvalued.
The current stock price of HK$1.60 is trading 36.8% above its estimated GF Value™ of HK$1.17.
GuruFocus considers Tan Chong International to be Significantly Overvalued.
Key valuation signals for SGX:T15:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: HK$1.17 vs. price of HK$1.60 (36.8% above fair value)
Industry Position: 20% above the Vehicles & Parts median (#353 of 1276)
No single metric tells the full story. See the SGX:T15 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tan Chong International Ltd is an automobile dealer. The company offers vehicles of the Nissan brand in Singapore, Hong Kong, China, and Thailand. The company has five business lines, namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation, and Other operations, which include investment holding, hire purchase financing, provision of workshop services, and the manufacturing of vehicle seats.
73GF Score
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