TDOC (Teladoc Health) Piotroski F-Score: 4 (As of Aug. 02, 2026) — Near Median

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TDOC Teladoc Health Inc TDOC
49 GF Score
Price $6.71
GF Value $54.91
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Teladoc Health Piotroski F-Score?

Teladoc Health TDOC +1.98% 49 Piotroski F-Score is 4 as of Aug. 02, 2026, which is at its 10-year median of 4.00. GuruFocus rates TDOC with a GF Score™ of 49/100 and a GF Value™ of $54.91 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 646 Healthcare Providers & Services companies, Teladoc Health ranks worse than 66.87% 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

Teladoc Health has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TDOC' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Teladoc Health was 6. The lowest was 2. And the median was 4.

Teladoc Health  (NYSE:TDOC) 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.


Teladoc Health Piotroski F-Score Related Terms


Teladoc Health Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Teladoc Health'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.

Teladoc Health Piotroski F-Score Chart

Teladoc Health 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 4.00 6.00 3.00 5.00

Teladoc Health 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 5.00 5.00 5.00 6.00 4.00

TDOC vs OMCL, OMDA, CERT: Piotroski F-Score Comparison

For the Health Information Services subindustry, Teladoc Health'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.


Teladoc Health Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Teladoc Health's Piotroski F-Score falls into.


TDOC
49GF Score
Teladoc Health Inc TDOC
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 -49.507 + -25.143 + -63.837 + -38.908 = $-177 Mil.
Cash Flow from Operations was 99.264 + 87.742 + 9.516 + 64.662 = $261 Mil.
Revenue was 626.439 + 642.269 + 613.845 + 606.927 = $2,489 Mil.
Gross Profit was 439.26 + 445.221 + 416.319 + 416.09 = $1,717 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(2894.004 + 2878.547 + 2858.3 + 2807.261 + 2758.625) / 5 = $2839.3474 Mil.
Total Assets at the begining of this year (Jun25) was $2,894 Mil.
Long-Term Debt & Capital Lease Obligation was $30 Mil.
Total Current Assets was $1,148 Mil.
Total Current Liabilities was $1,382 Mil.
Net Income was -33.276 + -48.409 + -93.012 + -32.66 = $-207 Mil.

Revenue was 640.508 + 640.491 + 629.369 + 631.9 = $2,542 Mil.
Gross Profit was 460.763 + 451.563 + 432.54 + 441.363 = $1,786 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(3523.638 + 3528.581 + 3516.524 + 3444.445 + 2894.004) / 5 = $3381.4384 Mil.
Total Assets at the begining of last year (Jun24) was $3,524 Mil.
Long-Term Debt & Capital Lease Obligation was $1,025 Mil.
Total Current Assets was $1,073 Mil.
Total Current Liabilities was $402 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.

Teladoc Health's current Net Income (TTM) was -177. ==> Negative ==> Score 0.

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.

Teladoc Health's current Cash Flow from Operations (TTM) was 261. ==> 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)
=-177.395/2894.004
=-0.06129743

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-207.357/3523.638
=-0.05884742

Teladoc Health's return on assets of this year was -0.06129743. Teladoc Health's return on assets of last year was -0.05884742. ==> 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.

Teladoc Health's current Net Income (TTM) was -177. Teladoc Health's current Cash Flow from Operations (TTM) was 261. ==> 261 > -177 ==> CFROA > ROA ==> Score 1.

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
=29.537/2839.3474
=0.01040274

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=1025.212/3381.4384
=0.30318813

Teladoc Health's gearing of this year was 0.01040274. Teladoc Health's gearing of last year was 0.30318813. ==> 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
=1148.361/1381.73
=0.83110376

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1073.27/401.767
=2.6713742

Teladoc Health's current ratio of this year was 0.83110376. Teladoc Health's current ratio of last year was 2.6713742. ==> 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.

Teladoc Health's number of shares in issue this year was 181.026. Teladoc Health's number of shares in issue last year was 175.917. ==> 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
=1716.89/2489.48
=0.68965808

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1786.229/2542.268
=0.70261239

Teladoc Health's gross margin of this year was 0.68965808. Teladoc Health's gross margin of last year was 0.70261239. ==> Last year's gross margin is higher ==> Score 0.

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)
=2489.48/2894.004
=0.86021996

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=2542.268/3523.638
=0.72148955

Teladoc Health's asset turnover of this year was 0.86021996. Teladoc Health's asset turnover of last year was 0.72148955. ==> 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
=0+1+0+1+1+0+0+0+1
=4

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

Teladoc Health has an F-score of 4 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 4 mean?
Teladoc Health (TDOC) has a Piotroski F-Score of 4 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Teladoc Health and its competitors. This is near median its historical median of 4.00. Over the past decade, Teladoc Health's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Teladoc Health ranks #432 out of 646 companies in the Healthcare Providers & Services industry, placing it in the top 66.9%.
Is Teladoc Health's Piotroski F-Score too high?
Teladoc Health's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Teladoc Health's value of 4 is 20% below this industry median. Based on the distribution chart, Teladoc Health ranks #432 out of 646 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Teladoc Health has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Teladoc Health's Piotroski F-Score compare to OMCL and OMDA?
According to the Healthcare Providers & Services industry distribution chart, Teladoc Health ranks #432 out of 646 companies for Piotroski F-Score. This places Teladoc Health in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Teladoc Health's value of 4 is 20% below this benchmark. Historically, Teladoc Health's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Teladoc Health has consistently been below 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 646 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. Teladoc Health's current Piotroski F-Score of 4 is 20% below 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 Teladoc Health and its competitors. For the Healthcare Providers & Services 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. Teladoc Health's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teladoc Health stock overvalued right now?
Based on GuruFocus' analysis, Teladoc Health (TDOC) is currently considered Possible Value Trap. The stock's GF Value™ is $54.91, compared to a current price of $6.71 — trading 87.8% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Healthcare Providers & Services industry median of 5.00. Teladoc Health's overall GF Score™ is 49/100 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 Teladoc Health (TDOC), the current Piotroski F-Score is 4 as of Aug. 02, 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 Teladoc Health (TDOC) Overvalued in 2026?

Based on GuruFocus' analysis, Teladoc Health stock appears to be undervalued. The current stock price of $6.71 is trading 87.8% below its estimated GF Value™ of $54.91. GuruFocus considers Teladoc Health to be Possible Value Trap.

Key valuation signals for TDOC:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $54.91 vs. price of $6.71 (87.8% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 20% below the Healthcare Providers & Services median (#432 of 646)

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


Teladoc Health Business Description

Address 155 East 44th Street, Suite 1700, New York, NY, USA, 10017
Teladoc Health Inc is engaged in the provision of virtual healthcare services, connecting patients, providers, and healthcare systems through technology-enabled platforms. The company has two reportable segments: Integrated Care and BetterHelp. The Integrated Care segment provides virtual healthcare solutions, including primary care, mental health, chronic care management, and telehealth enablement services for employers, insurers, and healthcare systems, mainly on a business-to-business basis, while the BetterHelp segment offers direct-to-consumer online mental health services, including counseling and therapy delivered through digital platforms. It generates the majority of its revenue from the Integrated Care segment.
49GF Score

Get the complete analysis for TDOC

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

$6.71
Price
$54.91
GF Value