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HKC International HoldingsHKSE:00248 -1.85%31 Piotroski F-Score is 4 as of Aug. 25, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates HKSE:00248 with a GF Score™ of 31/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,421 Hardware companies, HKC International Holdings ranks worse than 63.9% 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
HKC International Holdings 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 HKC International Holdings's Piotroski F-Score or its related term are showing as below:
HKSE:00248'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 4
During the past 13 years, the highest Piotroski F-Score of HKC International Holdings was 6. The lowest was 2. And the median was 5.
HKC International Holdings (HKSE:00248) 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.
HKC International Holdings Piotroski F-Score Related Terms
HKC International Holdings 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.
HKC International Holdings Piotroski F-Score Chart
HKSE:00248 vs CSCO, MSI, HPE: Piotroski F-Score Comparison
For the Communication Equipment subindustry, HKC International Holdings'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.
HKC International Holdings Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, HKC International Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where HKC International Holdings'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.
HKC International Holdings's current Net Income (TTM) was -38.34.
==> 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.
HKC International Holdings's current Cash Flow from Operations (TTM) was 20.29.
==> 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.
HKC International Holdings's return on assets of this year was -0.10623535. HKC International Holdings's return on assets of last year was -0.06442429.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
HKC International Holdings's gearing of this year was 0. HKC International Holdings's gearing of last year was 0.
==> 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
HKC International Holdings's current ratio of this year was 1.29262341. HKC International Holdings's current ratio of last year was 1.09112966.
==> 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.
HKC International Holdings's number of shares in issue this year was 171.222. HKC International Holdings's number of shares in issue last year was 159.707.
==> 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.
HKC International Holdings's gross margin of this year was 0.36528786. HKC International Holdings's gross margin of last year was 0.37047253.
==> 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
HKC International Holdings's asset turnover of this year was 0.15695886. HKC International Holdings's asset turnover of last year was 0.20607922.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
HKC International Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.
HKC International Holdings (HKSE:00248) has a Piotroski F-Score of 4 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on HKC International Holdings and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, HKC International Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, HKC International Holdings ranks #1547 out of 2421 companies in the Hardware industry, placing it in the top 63.9%.
Is HKC International Holdings' Piotroski F-Score too high?
HKC International Holdings' current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Hardware industry median Piotroski F-Score is 5.00. HKC International Holdings' value of 4 is 20% below this industry median. Based on the distribution chart, HKC International Holdings ranks #1547 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, HKC International Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HKC International Holdings' Piotroski F-Score compare to CSCO and MSI?
According to the Hardware industry distribution chart, HKC International Holdings ranks #1547 out of 2421 companies for Piotroski F-Score. This places HKC International Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. HKC International Holdings' value of 4 is 20% below this benchmark. Historically, HKC International Holdings' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, HKC International Holdings 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,421 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. HKC International Holdings'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 HKC International Holdings and its competitors. For the Hardware 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. HKC International Holdings's current Piotroski F-Score is 4, which is 20% below 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 HKC International Holdings stock overvalued right now?
Based on GuruFocus' analysis, HKC International Holdings (HKSE:00248) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.21 — trading 135.6% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Hardware industry median of 5.00. HKC International Holdings' overall GF Score™ is 31/100 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 HKC International Holdings (HKSE:00248), the current Piotroski F-Score is 4 as of Aug. 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 HKC International Holdings (HKSE:00248) Overvalued in 2026?
Based on GuruFocus' analysis, HKC International Holdings stock appears to be overvalued.
The current stock price of HK$0.21 is trading 135.6% above its estimated GF Value™ of HK$0.09.
GuruFocus considers HKC International Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00248:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: HK$0.09 vs. price of HK$0.21 (135.6% above fair value)
Industry Position: 20% below the Hardware median (#1547 of 2421)
No single metric tells the full story. See the HKSE:00248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HKC International Holdings Ltd is an investment holding company engaged in the Information Communication Technology (ICT) Solution Provider in the Asian Pacific region. The group provides Smart Library RFID Solutions, Health Care Solutions, Business Solutions, and Smart Living Solutions. The operating segments of the group are Sales of mobile phones in Hong Kong; Sales of IOT solutions in Hong Kong; Sales of IOT solutions in Mainland China and other countries in South East Asia; and Property investment. It derives key revenue from the Sales of IOT solutions in Hong Kong. The group has a business presence in Hong Kong, Mainland China, and Singapore.
31GF Score
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