Dlg Exhibitions & Events (SHSE:600826) Piotroski F-Score: 5 (As of Sep. 08, 2026) — 17% Below Median

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SHSE:600826 Dlg Exhibitions & Events Corp Ltd SHSE:600826
81 GF Score
Price ¥7.86
GF Value ¥6.90
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Dlg Exhibitions & Events Piotroski F-Score?

Dlg Exhibitions & Events SHSE:600826 +2.48% 81 Piotroski F-Score is 5 as of Sep. 08, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates SHSE:600826 with a GF Score™ of 81/100 and a GF Value™ of ¥6.90 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,002 Media - Diversified companies, Dlg Exhibitions & Events ranks better than 58.98% 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

Dlg Exhibitions & Events 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 Dlg Exhibitions & Events's Piotroski F-Score or its related term are showing as below:

SHSE:600826' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Dlg Exhibitions & Events was 8. The lowest was 2. And the median was 6.

Dlg Exhibitions & Events  (SHSE:600826) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Dlg Exhibitions & Events Piotroski F-Score Related Terms


Dlg Exhibitions & Events Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dlg Exhibitions & Events'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.

Dlg Exhibitions & Events Piotroski F-Score Chart

Dlg Exhibitions & Events Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 5.00 7.00 7.00

Dlg Exhibitions & Events Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 6.00 7.00 8.00 5.00

SHSE:600826 vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, Dlg Exhibitions & Events'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.


Dlg Exhibitions & Events Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dlg Exhibitions & Events's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dlg Exhibitions & Events's Piotroski F-Score falls into.


SHSE:600826
81GF Score
Dlg Exhibitions & Events Corp Ltd SHSE:600826
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 124.188 + 144.62 + -13.245 + 30.62 = ¥286 Mil.
Cash Flow from Operations was 175.191 + 43.707 + -69.322 + -11.793 = ¥138 Mil.
Revenue was 471.332 + 601.241 + 244.317 + 291.882 = ¥1,609 Mil.
Gross Profit was 124.919 + 281.83 + 52.689 + 91.091 = ¥551 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(5754.326 + 5973.754 + 5994.168 + 5669.246 + 5507.747) / 5 = ¥5779.8482 Mil.
Total Assets at the begining of this year (Jun25) was ¥5,754 Mil.
Long-Term Debt & Capital Lease Obligation was ¥274 Mil.
Total Current Assets was ¥2,651 Mil.
Total Current Liabilities was ¥769 Mil.
Net Income was 120.18 + 104.455 + -24.59 + 81.522 = ¥282 Mil.

Revenue was 341.553 + 711.895 + 231.649 + 321.741 = ¥1,607 Mil.
Gross Profit was 111.277 + 244.585 + 60.718 + 128.162 = ¥545 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(5341.876 + 5611.944 + 5787.328 + 5695.978 + 5754.326) / 5 = ¥5638.2904 Mil.
Total Assets at the begining of last year (Jun24) was ¥5,342 Mil.
Long-Term Debt & Capital Lease Obligation was ¥349 Mil.
Total Current Assets was ¥2,753 Mil.
Total Current Liabilities was ¥939 Mil.

*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.

Dlg Exhibitions & Events's current Net Income (TTM) was 286. ==> 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.

Dlg Exhibitions & Events's current Cash Flow from Operations (TTM) was 138. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=286.183/5754.326
=0.04973354

ROA (Last Year)=Net Income/Total Assets (Jun24)
=281.567/5341.876
=0.05270939

Dlg Exhibitions & Events's return on assets of this year was 0.04973354. Dlg Exhibitions & Events's return on assets of last year was 0.05270939. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Dlg Exhibitions & Events's current Net Income (TTM) was 286. Dlg Exhibitions & Events's current Cash Flow from Operations (TTM) was 138. ==> 138 <= 286 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=274.132/5779.8482
=0.04742893

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=349.358/5638.2904
=0.06196169

Dlg Exhibitions & Events's gearing of this year was 0.04742893. Dlg Exhibitions & Events's gearing of last year was 0.06196169. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=2650.984/768.579
=3.44920171

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=2752.661/939.356
=2.93037038

Dlg Exhibitions & Events's current ratio of this year was 3.44920171. Dlg Exhibitions & Events's current ratio of last year was 2.93037038. ==> 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.

Dlg Exhibitions & Events's number of shares in issue this year was 1075.359. Dlg Exhibitions & Events's number of shares in issue last year was 603.644. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=550.529/1608.772
=0.34220449

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=544.742/1606.838
=0.33901489

Dlg Exhibitions & Events's gross margin of this year was 0.34220449. Dlg Exhibitions & Events's gross margin of last year was 0.33901489. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=1608.772/5754.326
=0.2795761

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1606.838/5341.876
=0.30080032

Dlg Exhibitions & Events's asset turnover of this year was 0.2795761. Dlg Exhibitions & Events's asset turnover of last year was 0.30080032. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+0+1+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Dlg Exhibitions & Events has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Dlg Exhibitions & Events (SHSE:600826) has a Piotroski F-Score of 5 as of Sep. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dlg Exhibitions & Events and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Dlg Exhibitions & Events' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Dlg Exhibitions & Events ranks #411 out of 1002 companies in the Media - Diversified industry, placing it in the top 41%.
Is Dlg Exhibitions & Events' Piotroski F-Score too high?
Dlg Exhibitions & Events' current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Dlg Exhibitions & Events' value of 5 is 0% at this industry median. Based on the distribution chart, Dlg Exhibitions & Events ranks #411 out of 1002 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Dlg Exhibitions & Events has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dlg Exhibitions & Events' Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Dlg Exhibitions & Events ranks #411 out of 1002 companies for Piotroski F-Score. This puts Dlg Exhibitions & Events in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Dlg Exhibitions & Events' value of 5 is 0% at this benchmark. Historically, Dlg Exhibitions & Events' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Dlg Exhibitions & Events 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,002 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. Dlg Exhibitions & Events'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 Dlg Exhibitions & Events and its competitors. For the Media - Diversified 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. Dlg Exhibitions & Events's current Piotroski F-Score is 5, which is 17% 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 Dlg Exhibitions & Events stock overvalued right now?
Based on GuruFocus' analysis, Dlg Exhibitions & Events (SHSE:600826) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.90, compared to a current price of ¥7.86 — trading 13.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Media - Diversified industry median of 5.00. Dlg Exhibitions & Events' overall GF Score™ is 81/100 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 Dlg Exhibitions & Events (SHSE:600826), the current Piotroski F-Score is 5 as of Sep. 08, 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 Dlg Exhibitions & Events (SHSE:600826) Overvalued in 2026?

Based on GuruFocus' analysis, Dlg Exhibitions & Events stock appears to be overvalued. The current stock price of ¥7.86 is trading 13.9% above its estimated GF Value™ of ¥6.90. GuruFocus considers Dlg Exhibitions & Events to be Modestly Overvalued.

Key valuation signals for SHSE:600826:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ¥6.90 vs. price of ¥7.86 (13.9% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 0% at the Media - Diversified median (#411 of 1002)

No single metric tells the full story. See the SHSE:600826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dlg Exhibitions & Events Business Description

Address No. 161 Lujiazui East Road, Room 2602, Pudong, Shanghai, CHN, 200040
Dlg Exhibitions & Events Corp Ltd has exhibition business resources in many fields and the whole industry chain, including exhibition organization, exhibition hall operation, conferences, events, competitions, and exhibition services.
81GF Score

Get the complete analysis for SHSE:600826

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥7.86
Price
¥6.90
GF Value