Thien Long GroupSTC:TLG -0.40%99 Piotroski F-Score is 5 as of Jun. 26, 2026, which is at its 10-year median of 5.00. GuruFocus rates STC:TLG with a GF Score™ of 99/100 and a GF Value™ of ₫56,317.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Thien Long Group ranks better than 56.63% 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
Thien Long Group 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 Thien Long Group's Piotroski F-Score or its related term are showing as below:
STC:TLG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Thien Long Group was 9. The lowest was 3. And the median was 5.
Thien Long Group (STC:TLG) 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.
Thien Long Group Piotroski F-Score Related Terms
Thien Long Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Thien Long Group'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.
Thien Long Group Piotroski F-Score Competitor Comparison
For the Business Equipment & Supplies subindustry, Thien Long Group'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.
Thien Long Group Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thien Long Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Thien Long Group'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 222677.527 + 76126.828 + 73589.637 + 115750.725 = ₫488,145 Mil. Cash Flow from Operations was 188546.595 + 167551.142 + -19484.913 + 51682.37 = ₫388,295 Mil. Revenue was 1245885.412 + 1184487.406 + 949126.724 + 1000100.644 = ₫4,379,600 Mil. Gross Profit was 670858.325 + 588094.732 + 469969.138 + 481557.976 = ₫2,210,480 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3340977.483 + 3765461.99 + 3792759.661 + 3568744.92 + 3437540.786) / 5 = ₫3581096.968 Mil. Total Assets at the begining of this year (Mar25) was ₫3,340,977 Mil. Long-Term Debt & Capital Lease Obligation was ₫6,196 Mil. Total Current Assets was ₫2,615,986 Mil. Total Current Liabilities was ₫1,010,890 Mil.
Net Income was 242314.78 + 91861.26 + 39156.078 + 78895.576 = ₫452,228 Mil.
Revenue was 1207170.228 + 896017.252 + 846767.744 + 794430.596 = ₫3,744,386 Mil. Gross Profit was 585952.098 + 384600.3 + 361450.016 + 339655.804 = ₫1,671,658 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2877180.837 + 3272037.229 + 3302347.673 + 3359561.363 + 3340977.483) / 5 = ₫3230420.917 Mil. Total Assets at the begining of last year (Mar24) was ₫2,877,181 Mil. Long-Term Debt & Capital Lease Obligation was ₫6,196 Mil. Total Current Assets was ₫2,653,597 Mil. Total Current Liabilities was ₫889,687 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.
Thien Long Group's current Net Income (TTM) was 488,145.
==> 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.
Thien Long Group's return on assets of this year was 0.14610835. Thien Long Group's return on assets of last year was 0.15717736.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Thien Long Group's gearing of this year was 0.00173007. Thien Long Group's gearing of last year was 0.00191788.
==> 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
Thien Long Group's current ratio of this year was 2.5878051. Thien Long Group's current ratio of last year was 2.98261921.
==> 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.
Thien Long Group's number of shares in issue this year was 96.528. Thien Long Group's number of shares in issue last year was 95.098.
==> 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.
Thien Long Group's gross margin of this year was 0.50472191. Thien Long Group's gross margin of last year was 0.4464439.
==> 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
Thien Long Group's asset turnover of this year was 1.3108739. Thien Long Group's asset turnover of last year was 1.30140788.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Thien Long Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Thien Long Group (STC:TLG) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Thien Long Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Thien Long Group's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Thien Long Group ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Thien Long Group's Piotroski F-Score too high?
Thien Long Group's 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 3.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Thien Long Group's value of 5 is 0% at this industry median. Based on the distribution chart, Thien Long Group ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thien Long Group has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thien Long Group's Piotroski F-Score compare to competitors?
According to the Industrial Products industry distribution chart, Thien Long Group ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Thien Long Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Thien Long Group's value of 5 is 0% at this benchmark. Historically, Thien Long Group's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Thien Long Group 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Thien Long Group'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 Thien Long Group and its competitors. For the Industrial Products 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. Thien Long Group'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 Thien Long Group stock overvalued right now?
Based on GuruFocus' analysis, Thien Long Group (STC:TLG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫56,317.01, compared to a current price of ₫49,300.00 — trading 12.5% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Thien Long Group's overall GF Score™ is 99/100 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 Thien Long Group (STC:TLG), the current Piotroski F-Score is 5 as of Jun. 26, 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 Thien Long Group (STC:TLG) Overvalued in 2026?
Based on GuruFocus' analysis, Thien Long Group stock appears to be undervalued.
The current stock price of ₫49,300.00 is trading 12.5% below its estimated GF Value™ of ₫56,317.01.
GuruFocus considers Thien Long Group to be Modestly Undervalued.
Key valuation signals for STC:TLG:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ₫56,317.01 vs. price of ₫49,300.00 (12.5% below fair value)
Industry Position: 0% at the Industrial Products median (#1292 of 2979)
No single metric tells the full story. See the STC:TLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thien Long Group Corp is a Vietnam-based company engages in manufacturing and trading of stationery products. Its products include Pens, Office Supplies, School Supplies, and Art Supplies.
99GF Score
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