STG (Sunlands Technology Group) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 60% Above Median


STG Sunlands Technology Group STG
63 GF Score
Price $4.09
GF Value $6.22
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Sunlands Technology Group Piotroski F-Score?

Sunlands Technology Group STG -9.31% 63 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates STG with a GF Score™ of 63/100 and a GF Value™ of $6.22 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 255 Education companies, Sunlands Technology Group ranks better than 99.22% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Sunlands Technology Group has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Sunlands Technology Group's Piotroski F-Score or its related term are showing as below:

STG' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 8

During the past 11 years, the highest Piotroski F-Score of Sunlands Technology Group was 8. The lowest was 1. And the median was 5.

Sunlands Technology Group  (NYSE:STG) 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.


Sunlands Technology Group Piotroski F-Score Related Terms


Sunlands Technology Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sunlands Technology 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.

Sunlands Technology Group Piotroski F-Score Chart

Sunlands Technology Group 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 5.00 7.00 7.00 5.00 8.00

Sunlands Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 8.00 0.00

STG vs JDZG, SKIL, AACG: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Sunlands Technology 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.


Sunlands Technology Group Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sunlands Technology Group's Piotroski F-Score falls into.


STG
63GF Score
Sunlands Technology Group STG
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $51.9 Mil.
Cash Flow from Operations was $20.8 Mil.
Revenue was $286.8 Mil.
Gross Profit was $249.2 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (291.341 + 290.666) / 2 = $291.0035 Mil.
Total Assets at the begining of this year (Dec24) was $291.3 Mil.
Long-Term Debt & Capital Lease Obligation was $18.4 Mil.
Total Current Assets was $130.3 Mil.
Total Current Liabilities was $107.8 Mil.
Net Income was $47.0 Mil.

Revenue was $273.4 Mil.
Gross Profit was $229.7 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (296.701 + 291.341) / 2 = $294.021 Mil.
Total Assets at the begining of last year (Dec23) was $296.7 Mil.
Long-Term Debt & Capital Lease Obligation was $23.7 Mil.
Total Current Assets was $121.5 Mil.
Total Current Liabilities was $110.1 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.

Sunlands Technology Group's current Net Income (TTM) was 51.9. ==> 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.

Sunlands Technology Group's current Cash Flow from Operations (TTM) was 20.8. ==> 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 (Dec24)
=51.913/291.341
=0.17818639

ROA (Last Year)=Net Income/Total Assets (Dec23)
=46.985/296.701
=0.15835808

Sunlands Technology Group's return on assets of this year was 0.17818639. Sunlands Technology Group's return on assets of last year was 0.15835808. ==> This year is higher. ==> Score 1.

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.

Sunlands Technology Group's current Net Income (TTM) was 51.9. Sunlands Technology Group's current Cash Flow from Operations (TTM) was 20.8. ==> 20.8 <= 51.9 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=18.396/291.0035
=0.06321573

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=23.683/294.021
=0.08054867

Sunlands Technology Group's gearing of this year was 0.06321573. Sunlands Technology Group's gearing of last year was 0.08054867. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=130.252/107.827
=1.20797203

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=121.46/110.069
=1.10348963

Sunlands Technology Group's current ratio of this year was 1.20797203. Sunlands Technology Group's current ratio of last year was 1.10348963. ==> 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.

Sunlands Technology Group's number of shares in issue this year was 13.473. Sunlands Technology Group's number of shares in issue last year was 13.65. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=249.241/286.785
=0.8690866

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=229.735/273.353
=0.84043343

Sunlands Technology Group's gross margin of this year was 0.8690866. Sunlands Technology Group's gross margin of last year was 0.84043343. ==> 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 (Dec24)
=286.785/291.341
=0.98436197

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=273.353/296.701
=0.92130798

Sunlands Technology Group's asset turnover of this year was 0.98436197. Sunlands Technology Group's asset turnover of last year was 0.92130798. ==> 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+1+0+1+1+1+1+1
=8

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

Sunlands Technology Group has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Sunlands Technology Group (STG) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sunlands Technology Group and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Sunlands Technology Group's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Sunlands Technology Group ranks #2 out of 255 companies in the Education industry, placing it in the top 0.8%.
Is Sunlands Technology Group's Piotroski F-Score too high?
Sunlands Technology Group's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Education industry median Piotroski F-Score is 5.00. Sunlands Technology Group's value of 8 is 60% above this industry median. Based on the distribution chart, Sunlands Technology Group ranks #2 out of 255 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Sunlands Technology Group has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sunlands Technology Group's Piotroski F-Score compare to JDZG and SKIL?
According to the Education industry distribution chart, Sunlands Technology Group ranks #2 out of 255 companies for Piotroski F-Score. This places Sunlands Technology Group in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sunlands Technology Group's value of 8 is 60% above this benchmark. Historically, Sunlands Technology Group's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Sunlands Technology Group 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 255 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. Sunlands Technology Group's current Piotroski F-Score of 8 is 60% 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 Sunlands Technology Group and its competitors. For the Education 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. Sunlands Technology Group's current Piotroski F-Score is 8, which is 60% above 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 Sunlands Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Sunlands Technology Group (STG) is currently considered Possible Value Trap. The stock's GF Value™ is $6.22, compared to a current price of $4.09 — trading 34.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Education industry median of 5.00. Sunlands Technology Group's overall GF Score™ is 63/100 with 2 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 Sunlands Technology Group (STG), the current Piotroski F-Score is 8 as of Jun. 25, 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 Sunlands Technology Group (STG) Overvalued in 2026?

Based on GuruFocus' analysis, Sunlands Technology Group stock appears to be undervalued. The current stock price of $4.09 is trading 34.2% below its estimated GF Value™ of $6.22. GuruFocus considers Sunlands Technology Group to be Possible Value Trap.

Key valuation signals for STG:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: $6.22 vs. price of $4.09 (34.2% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 60% above the Education median (#2 of 255)

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


Sunlands Technology Group Business Description

Other Exchanges S790:Germany
Address No. 36 Chuangyuan Road, Building 6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012
Sunlands Technology Group operates in China's adult online education market and adult personal interest learning market through its online platforms. The Group has a deep understanding of the educational needs of its prospective students and offers solutions to help them achieve their goals. It provides online professional courses and educational content, including interest, professional skills, professional certification preparation courses, and degree- or diploma-oriented post-secondary courses. The Group adopts a counseling-oriented sales and marketing approach to offer education solutions based on students' backgrounds and goals, delivering adult online education and personal interest learning through extensive course and content offerings.
63GF Score

Get the complete analysis for STG

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

$4.09
Price
$6.22
GF Value