TTNDF (Techtronic Industries Co) Piotroski F-Score: 9 (As of Jun. 25, 2026) — 29% Above Median


TTNDF Techtronic Industries Co Ltd TTNDF
92 GF Score
Price $16.85
GF Value $13.52
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Techtronic Industries Co Piotroski F-Score?

Techtronic Industries Co TTNDF 92 Piotroski F-Score is 9 as of Jun. 25, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates TTNDF with a GF Score™ of 92/100 and a GF Value™ of $13.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, Techtronic Industries Co ranks better than 99.97% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Techtronic Industries Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

TTNDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Techtronic Industries Co was 9. The lowest was 5. And the median was 7.

Techtronic Industries Co  (OTCPK:TTNDF) 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.


Techtronic Industries Co Piotroski F-Score Related Terms


Techtronic Industries Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co Piotroski F-Score Chart

Techtronic Industries Co 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 6.00 6.00 8.00 9.00

Techtronic Industries Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.00 0.00 8.00 0.00 9.00

TTNDF vs SNA, RBC, LECO: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Techtronic Industries Co'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.


Techtronic Industries Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techtronic Industries Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Techtronic Industries Co's Piotroski F-Score falls into.


TTNDF
92GF Score
Techtronic Industries Co Ltd TTNDF
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 $1,198 Mil.
Cash Flow from Operations was $1,979 Mil.
Revenue was $15,260 Mil.
Gross Profit was $6,292 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (12890.489 + 13429.004) / 2 = $13159.7465 Mil.
Total Assets at the begining of this year (Dec24) was $12,890 Mil.
Long-Term Debt & Capital Lease Obligation was $1,256 Mil.
Total Current Assets was $8,420 Mil.
Total Current Liabilities was $5,034 Mil.
Net Income was $1,122 Mil.

Revenue was $14,622 Mil.
Gross Profit was $5,896 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (12401.983 + 12890.489) / 2 = $12646.236 Mil.
Total Assets at the begining of last year (Dec23) was $12,402 Mil.
Long-Term Debt & Capital Lease Obligation was $1,446 Mil.
Total Current Assets was $7,699 Mil.
Total Current Liabilities was $4,919 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.

Techtronic Industries Co's current Net Income (TTM) was 1,198. ==> 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.

Techtronic Industries Co's current Cash Flow from Operations (TTM) was 1,979. ==> 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)
=1198.294/12890.489
=0.09295955

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1121.68/12401.983
=0.0904436

Techtronic Industries Co's return on assets of this year was 0.09295955. Techtronic Industries Co's return on assets of last year was 0.0904436. ==> 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.

Techtronic Industries Co's current Net Income (TTM) was 1,198. Techtronic Industries Co's current Cash Flow from Operations (TTM) was 1,979. ==> 1,979 > 1,198 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1256.257/13159.7465
=0.0954621

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1446.253/12646.236
=0.11436233

Techtronic Industries Co's gearing of this year was 0.0954621. Techtronic Industries Co's gearing of last year was 0.11436233. ==> 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
=8420.1/5033.821
=1.67270549

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=7699.364/4919.034
=1.5652187

Techtronic Industries Co's current ratio of this year was 1.67270549. Techtronic Industries Co's current ratio of last year was 1.5652187. ==> 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.

Techtronic Industries Co's number of shares in issue this year was 1832.086. Techtronic Industries Co's number of shares in issue last year was 1836.489. ==> 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
=6291.937/15259.533
=0.41232828

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5895.556/14621.616
=0.40320824

Techtronic Industries Co's gross margin of this year was 0.41232828. Techtronic Industries Co's gross margin of last year was 0.40320824. ==> 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)
=15259.533/12890.489
=1.18378232

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=14621.616/12401.983
=1.17897404

Techtronic Industries Co's asset turnover of this year was 1.18378232. Techtronic Industries Co's asset turnover of last year was 1.17897404. ==> 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+1+1+1+1+1+1
=9

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

Techtronic Industries Co has an F-score of 9. 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 9 mean?
Techtronic Industries Co (TTNDF) has a Piotroski F-Score of 9 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Techtronic Industries Co and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, Techtronic Industries Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Techtronic Industries Co ranks #1 out of 2979 companies in the Industrial Products industry, placing it in the top 0%.
Is Techtronic Industries Co's Piotroski F-Score too high?
Techtronic Industries Co's current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Techtronic Industries Co's value of 9 is 80% above this industry median. Based on the distribution chart, Techtronic Industries Co ranks #1 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Techtronic Industries Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techtronic Industries Co's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Techtronic Industries Co ranks #1 out of 2979 companies for Piotroski F-Score. This places Techtronic Industries Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Techtronic Industries Co's value of 9 is 80% above this benchmark. Historically, Techtronic Industries Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Techtronic Industries Co 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 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. Techtronic Industries Co's current Piotroski F-Score of 9 is 80% 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 Techtronic Industries Co 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. Techtronic Industries Co's current Piotroski F-Score is 9, which is 29% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techtronic Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Techtronic Industries Co (TTNDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.52, compared to a current price of $16.85 — trading 24.6% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Industrial Products industry median of 5.00. Techtronic Industries Co's overall GF Score™ is 92/100 with 5 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 Techtronic Industries Co (TTNDF), the current Piotroski F-Score is 9 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 Techtronic Industries Co (TTNDF) Overvalued in 2026?

Based on GuruFocus' analysis, Techtronic Industries Co stock appears to be overvalued. The current stock price of $16.85 is trading 24.6% above its estimated GF Value™ of $13.52. GuruFocus considers Techtronic Industries Co to be Modestly Overvalued.

Key valuation signals for TTNDF:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: $13.52 vs. price of $16.85 (24.6% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 80% above the Industrial Products median (#1 of 2979)

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


Techtronic Industries Co Business Description

Address 51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG
Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments, namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional, and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI, and HOMELITE brands, plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.
92GF Score

Get the complete analysis for TTNDF

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

$16.85
Price
$13.52
GF Value