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AEON Stores (Hong Kong) CoHKSE:00984 +3.04%30 Piotroski F-Score is 5 as of Aug. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:00984 with a GF Score™ of 30/100 and a GF Value™ of HK$0.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,103 Retail - Cyclical companies, AEON Stores (Hong Kong) Co ranks worse than 51.95% 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
AEON Stores (Hong Kong) Co 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 AEON Stores (Hong Kong) Co's Piotroski F-Score or its related term are showing as below:
HKSE:00984'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of AEON Stores (Hong Kong) Co was 7. The lowest was 4. And the median was 5.
AEON Stores (Hong Kong) Co (HKSE:00984) 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.
AEON Stores (Hong Kong) Co Piotroski F-Score Related Terms
AEON Stores (Hong Kong) Co 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.
AEON Stores (Hong Kong) Co Piotroski F-Score Chart
HKSE:00984 vs DDS, M: Piotroski F-Score Comparison
For the Department Stores subindustry, AEON Stores (Hong Kong) 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.
AEON Stores (Hong Kong) Co Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, AEON Stores (Hong Kong) Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where AEON Stores (Hong Kong) Co'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.
AEON Stores (Hong Kong) Co's current Net Income (TTM) was -324.
==> 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.
AEON Stores (Hong Kong) Co's current Cash Flow from Operations (TTM) was 720.
==> 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.
AEON Stores (Hong Kong) Co's return on assets of this year was -0.05945596. AEON Stores (Hong Kong) Co's return on assets of last year was -0.06059682.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
AEON Stores (Hong Kong) Co's gearing of this year was 0.47498069. AEON Stores (Hong Kong) Co's gearing of last year was 0.49051482.
==> 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
AEON Stores (Hong Kong) Co's current ratio of this year was 0.49953839. AEON Stores (Hong Kong) Co's current ratio of last year was 0.60621979.
==> 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.
AEON Stores (Hong Kong) Co's number of shares in issue this year was 260. AEON Stores (Hong Kong) Co's number of shares in issue last year was 260.
==> 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.
AEON Stores (Hong Kong) Co's gross margin of this year was 0.28430689. AEON Stores (Hong Kong) Co's gross margin of last year was 0.28897842.
==> 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
AEON Stores (Hong Kong) Co's asset turnover of this year was 1.42890997. AEON Stores (Hong Kong) Co's asset turnover of last year was 1.4510359.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
AEON Stores (Hong Kong) Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
AEON Stores (Hong Kong) Co (HKSE:00984) has a Piotroski F-Score of 5 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AEON Stores (Hong Kong) Co and its competitors. This is near median its historical median of 5.00. Over the past decade, AEON Stores (Hong Kong) Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, AEON Stores (Hong Kong) Co ranks #573 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 51.9%.
Is AEON Stores (Hong Kong) Co's Piotroski F-Score too high?
AEON Stores (Hong Kong) Co'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 4.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. AEON Stores (Hong Kong) Co's value of 5 is 16.7% below this industry median. Based on the distribution chart, AEON Stores (Hong Kong) Co ranks #573 out of 1103 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, AEON Stores (Hong Kong) Co has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AEON Stores (Hong Kong) Co's Piotroski F-Score compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, AEON Stores (Hong Kong) Co ranks #573 out of 1103 companies for Piotroski F-Score. This places AEON Stores (Hong Kong) Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. AEON Stores (Hong Kong) Co's value of 5 is 16.7% below this benchmark. Historically, AEON Stores (Hong Kong) Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, AEON Stores (Hong Kong) Co 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,103 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. AEON Stores (Hong Kong) Co's current Piotroski F-Score of 5 is 16.7% 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 AEON Stores (Hong Kong) Co and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AEON Stores (Hong Kong) Co'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 AEON Stores (Hong Kong) Co stock overvalued right now?
Based on GuruFocus' analysis, AEON Stores (Hong Kong) Co (HKSE:00984) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.24 — trading 42.2% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the Retail - Cyclical industry median of 6.00. AEON Stores (Hong Kong) Co's overall GF Score™ is 30/100 with 6 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 AEON Stores (Hong Kong) Co (HKSE:00984), the current Piotroski F-Score is 5 as of Aug. 28, 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 AEON Stores (Hong Kong) Co (HKSE:00984) Overvalued in 2026?
Based on GuruFocus' analysis, AEON Stores (Hong Kong) Co stock appears to be undervalued.
The current stock price of HK$0.24 is trading 42.2% below its estimated GF Value™ of HK$0.41.
GuruFocus considers AEON Stores (Hong Kong) Co to be Possible Value Trap.
Key valuation signals for HKSE:00984:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: HK$0.41 vs. price of HK$0.24 (42.2% below fair value)
Industry Position: 16.7% below the Retail - Cyclical median (#573 of 1103)
No single metric tells the full story. See the HKSE:00984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AEON Stores (Hong Kong) Co Ltd and its subsidiaries are engaged in the operation of retail stores. It offers household products, clothing, and food products, among others. The company also provides facilities such as a lounge, free home delivery, free parking, gift wrapping, self-express, free ice pack, gift certificate selling, chilled lockers, trolley-lending, and customer voice services. Some of its brands are TOPVALU, HOME COORDY, iC innercasual and Kids Republic. It has two reportable segments: Hong Kong and Mainland China. The firm generates the majority of its revenue from Mainland China.
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