Perennial International (HKSE:00725) Piotroski F-Score: 8 (As of Jul. 21, 2026) — 14% Above Median

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HKSE:00725 Perennial International Ltd HKSE:00725
51 GF Score
Price HK$0.96
GF Value HK$0.79
Valuation Modestly Overvalued
View Full Analysis

What is Perennial International Piotroski F-Score?

Perennial International HKSE:00725 -1.03% 51 Piotroski F-Score is 8 as of Jul. 21, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HKSE:00725 with a GF Score™ of 51/100 and a GF Value™ of HK$0.79 (Modestly Overvalued). Among 2,972 Industrial Products companies, Perennial International ranks better than 97.88% 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

Perennial International 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 Perennial International's Piotroski F-Score or its related term are showing as below:

HKSE:00725' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Perennial International was 9. The lowest was 4. And the median was 7.

Perennial International  (HKSE:00725) 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.


Perennial International Piotroski F-Score Related Terms


Perennial International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Perennial International'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.

Perennial International Piotroski F-Score Chart

Perennial International 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 9.00 7.00 7.00 8.00

Perennial International 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 7.00 0.00 7.00 0.00 8.00

HKSE:00725 vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Perennial International'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.


Perennial International Piotroski F-Score vs Industrial Products Industry

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

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


HKSE:00725
51GF Score
Perennial International Ltd HKSE:00725
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 HK$31.2 Mil.
Cash Flow from Operations was HK$53.4 Mil.
Revenue was HK$395.7 Mil.
Gross Profit was HK$117.5 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (495.982 + 541.911) / 2 = HK$518.9465 Mil.
Total Assets at the begining of this year (Dec24) was HK$496.0 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.
Total Current Assets was HK$337.6 Mil.
Total Current Liabilities was HK$77.3 Mil.
Net Income was HK$25.8 Mil.

Revenue was HK$328.6 Mil.
Gross Profit was HK$94.4 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (454.852 + 495.982) / 2 = HK$475.417 Mil.
Total Assets at the begining of last year (Dec23) was HK$454.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.
Total Current Assets was HK$277.5 Mil.
Total Current Liabilities was HK$56.2 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.

Perennial International's current Net Income (TTM) was 31.2. ==> 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.

Perennial International's current Cash Flow from Operations (TTM) was 53.4. ==> 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)
=31.186/495.982
=0.06287728

ROA (Last Year)=Net Income/Total Assets (Dec23)
=25.804/454.852
=0.05673054

Perennial International's return on assets of this year was 0.06287728. Perennial International's return on assets of last year was 0.05673054. ==> 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.

Perennial International's current Net Income (TTM) was 31.2. Perennial International's current Cash Flow from Operations (TTM) was 53.4. ==> 53.4 > 31.2 ==> 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
=0/518.9465
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/475.417
=0

Perennial International's gearing of this year was 0. Perennial International'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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=337.603/77.263
=4.36953005

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=277.503/56.226
=4.93549248

Perennial International's current ratio of this year was 4.36953005. Perennial International's current ratio of last year was 4.93549248. ==> 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.

Perennial International's number of shares in issue this year was 198.958. Perennial International's number of shares in issue last year was 198.958. ==> 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
=117.538/395.74
=0.29700814

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=94.409/328.578
=0.28732599

Perennial International's gross margin of this year was 0.29700814. Perennial International's gross margin of last year was 0.28732599. ==> 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)
=395.74/495.982
=0.79789186

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=328.578/454.852
=0.72238442

Perennial International's asset turnover of this year was 0.79789186. Perennial International's asset turnover of last year was 0.72238442. ==> 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+0+1+1+1
=8

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

Perennial International 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?
Perennial International (HKSE:00725) has a Piotroski F-Score of 8 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perennial International and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Perennial International's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Perennial International ranks #63 out of 2972 companies in the Industrial Products industry, placing it in the top 2.1%.
Is Perennial International's Piotroski F-Score too high?
Perennial International's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Perennial International's value of 8 is 60% above this industry median. Based on the distribution chart, Perennial International ranks #63 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Perennial International has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perennial International's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Perennial International ranks #63 out of 2972 companies for Piotroski F-Score. This places Perennial International in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Perennial International's value of 8 is 60% above this benchmark. Historically, Perennial International's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Perennial International 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 2,972 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. Perennial International'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 Perennial International 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. Perennial International's current Piotroski F-Score is 8, which is 14% 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 Perennial International stock overvalued right now?
Based on GuruFocus' analysis, Perennial International (HKSE:00725) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.79, compared to a current price of HK$0.96 — trading 21.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Industrial Products industry median of 5.00. Perennial International's overall GF Score™ is 51/100. 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 Perennial International (HKSE:00725), the current Piotroski F-Score is 8 as of Jul. 21, 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 Perennial International (HKSE:00725) Overvalued in 2026?

Based on GuruFocus' analysis, Perennial International stock appears to be overvalued. The current stock price of HK$0.96 is trading 21.5% above its estimated GF Value™ of HK$0.79. GuruFocus considers Perennial International to be Modestly Overvalued.

Key valuation signals for HKSE:00725:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: HK$0.79 vs. price of HK$0.96 (21.5% above fair value)
  • GF Score™: 51/100
  • Industry Position: 60% above the Industrial Products median (#63 of 2972)

No single metric tells the full story. See the HKSE:00725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perennial International Business Description

Address No. 1 Science Museum Road, Units 2004-06, 20th Floor, Greenfield Tower, Concordia Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG
Perennial International Ltd is investment holding. Its subsidiaries are principally engaged in the manufacturing and trading of electric cable and wire products. Geographically the company generates revenue from Hong Kong, The PRC, America, Vietnam, Japan, and Other countries. The majority of the company's revenue is earned in America.
51GF Score

Get the complete analysis for HKSE:00725

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

HK$0.96
Price
HK$0.79
GF Value