Tantalus Systems HoldingTGMPF -1.10%39 Piotroski F-Score is 5 as of Jun. 25, 2026, which is at its 10-year median of 5.00. GuruFocus rates TGMPF with a GF Score™ of 39/100 and a GF Value™ of $1.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, Tantalus Systems Holding ranks better than 56.66% 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
Tantalus Systems Holding 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 Tantalus Systems Holding's Piotroski F-Score or its related term are showing as below:
TGMPF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 5
During the past 5 years, the highest Piotroski F-Score of Tantalus Systems Holding was 6. The lowest was 3. And the median was 5.
Tantalus Systems Holding (OTCPK:TGMPF) 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.
Tantalus Systems Holding Piotroski F-Score Related Terms
Tantalus Systems Holding Piotroski F-Score Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.
Tantalus Systems Holding Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tantalus Systems Holding'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.
Tantalus Systems Holding's current Net Income (TTM) was -0.75.
==> 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.
Tantalus Systems Holding's current Cash Flow from Operations (TTM) was 6.32.
==> 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.
Tantalus Systems Holding's return on assets of this year was -0.01695609. Tantalus Systems Holding's return on assets of last year was -0.04854697.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tantalus Systems Holding's gearing of this year was 0.13922054. Tantalus Systems Holding's gearing of last year was 0.15467751.
==> 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
Tantalus Systems Holding's current ratio of this year was 1.60102021. Tantalus Systems Holding's current ratio of last year was 1.03783267.
==> 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.
Tantalus Systems Holding's number of shares in issue this year was 54.154. Tantalus Systems Holding's number of shares in issue last year was 50.848.
==> 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.
Tantalus Systems Holding's gross margin of this year was 0.54059997. Tantalus Systems Holding's gross margin of last year was 0.54500214.
==> 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
Tantalus Systems Holding's asset turnover of this year was 1.30245931. Tantalus Systems Holding's asset turnover of last year was 1.31842757.
==> 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
=
0
+
1
+
1
+
1
+
1
+
1
+
0
+
0
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tantalus Systems Holding has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Tantalus Systems Holding (TGMPF) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tantalus Systems Holding and its competitors. This is near median its historical median of 5.00. Over the past decade, Tantalus Systems Holding's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Tantalus Systems Holding ranks #1291 out of 2979 companies in the Industrial Products industry, placing it in the top 43.3%.
Is Tantalus Systems Holding's Piotroski F-Score too high?
Tantalus Systems Holding'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 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. Tantalus Systems Holding's value of 5 is 0% at this industry median. Based on the distribution chart, Tantalus Systems Holding ranks #1291 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tantalus Systems Holding has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tantalus Systems Holding's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tantalus Systems Holding ranks #1291 out of 2979 companies for Piotroski F-Score. This puts Tantalus Systems Holding in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tantalus Systems Holding's value of 5 is 0% at this benchmark. Historically, Tantalus Systems Holding's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Tantalus Systems Holding 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. Tantalus Systems Holding'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 Tantalus Systems Holding 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. Tantalus Systems Holding'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 Tantalus Systems Holding stock overvalued right now?
Based on GuruFocus' analysis, Tantalus Systems Holding (TGMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.51, compared to a current price of $3.59 — trading 137.7% above 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. Tantalus Systems Holding's overall GF Score™ is 39/100 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 Tantalus Systems Holding (TGMPF), the current Piotroski F-Score is 5 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 Tantalus Systems Holding (TGMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Tantalus Systems Holding stock appears to be overvalued.
The current stock price of $3.59 is trading 137.7% above its estimated GF Value™ of $1.51.
GuruFocus considers Tantalus Systems Holding to be Significantly Overvalued.
Key valuation signals for TGMPF:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: $1.51 vs. price of $3.59 (137.7% above fair value)
Industry Position: 0% at the Industrial Products median (#1291 of 2979)
No single metric tells the full story. See the TGMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tantalus Systems Holding Inc is a Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Connected Devices. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
39GF Score
Get the complete analysis for TGMPF
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TGMPF has been successfully added to your 
