Mobicon Group (HKSE:01213) Piotroski F-Score: 4 (As of Jul. 14, 2026) — 20% Below Median

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HKSE:01213 Mobicon Group Ltd HKSE:01213
34 GF Score
Price HK$0.47
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mobicon Group Piotroski F-Score?

Mobicon Group HKSE:01213 34 Piotroski F-Score is 4 as of Jul. 14, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates HKSE:01213 with a GF Score™ of 34/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,434 Hardware companies, Mobicon Group ranks worse than 62.28% 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

Mobicon Group 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 Mobicon Group's Piotroski F-Score or its related term are showing as below:

HKSE:01213' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Mobicon Group was 8. The lowest was 3. And the median was 5.

Mobicon Group  (HKSE:01213) 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.


Mobicon Group Piotroski F-Score Related Terms


Mobicon Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mobicon Group'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.

Mobicon Group Piotroski F-Score Chart

Mobicon Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 6.00 4.00 0.00

Mobicon Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.00 0.00 0.00

HKSE:01213 vs SNX, ARW, AVT: Piotroski F-Score Comparison

For the Electronics & Computer Distribution subindustry, Mobicon Group'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.


Mobicon Group Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Mobicon Group's Piotroski F-Score distribution charts can be found below:

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


HKSE:01213
34GF Score
Mobicon Group Ltd HKSE:01213
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was HK$-11.8 Mil.
Cash Flow from Operations was HK$8.7 Mil.
Revenue was HK$287.3 Mil.
Gross Profit was HK$75.2 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (273.883 + 263.127) / 2 = HK$268.505 Mil.
Total Assets at the begining of this year (Mar24) was HK$273.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.4 Mil.
Total Current Assets was HK$206.8 Mil.
Total Current Liabilities was HK$100.6 Mil.
Net Income was HK$-4.9 Mil.

Revenue was HK$340.6 Mil.
Gross Profit was HK$89.5 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (320.093 + 273.883) / 2 = HK$296.988 Mil.
Total Assets at the begining of last year (Mar23) was HK$320.1 Mil.
Long-Term Debt & Capital Lease Obligation was HK$4.0 Mil.
Total Current Assets was HK$214.1 Mil.
Total Current Liabilities was HK$99.5 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.

Mobicon Group's current Net Income (TTM) was -11.8. ==> 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.

Mobicon Group's current Cash Flow from Operations (TTM) was 8.7. ==> 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 (Mar24)
=-11.764/273.883
=-0.04295265

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-4.891/320.093
=-0.01527993

Mobicon Group's return on assets of this year was -0.04295265. Mobicon Group's return on assets of last year was -0.01527993. ==> Last year is higher ==> Score 0.

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.

Mobicon Group's current Net Income (TTM) was -11.8. Mobicon Group's current Cash Flow from Operations (TTM) was 8.7. ==> 8.7 > -11.8 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.417/268.505
=0.00527737

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=3.977/296.988
=0.01339111

Mobicon Group's gearing of this year was 0.00527737. Mobicon Group's gearing of last year was 0.01339111. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=206.766/100.628
=2.05475613

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=214.095/99.452
=2.15274705

Mobicon Group's current ratio of this year was 2.05475613. Mobicon Group's current ratio of last year was 2.15274705. ==> 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.

Mobicon Group's number of shares in issue this year was 200. Mobicon Group's number of shares in issue last year was 200. ==> 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
=75.216/287.322
=0.26178295

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=89.491/340.579
=0.26276136

Mobicon Group's gross margin of this year was 0.26178295. Mobicon Group's gross margin of last year was 0.26276136. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=287.322/273.883
=1.0490684

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=340.579/320.093
=1.06400015

Mobicon Group's asset turnover of this year was 1.0490684. Mobicon Group's asset turnover of last year was 1.06400015. ==> 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+0+1+1+0+1+0+0
=4

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

Mobicon Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Mobicon Group (HKSE:01213) has a Piotroski F-Score of 4 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mobicon Group and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Mobicon Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Mobicon Group ranks #1516 out of 2434 companies in the Hardware industry, placing it in the top 62.3%.
Is Mobicon Group's Piotroski F-Score too high?
Mobicon Group's 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 3.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Mobicon Group's value of 4 is 20% below this industry median. Based on the distribution chart, Mobicon Group ranks #1516 out of 2434 companies in the Hardware industry, which is below the industry midpoint. Overall, Mobicon Group has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mobicon Group's Piotroski F-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Mobicon Group ranks #1516 out of 2434 companies for Piotroski F-Score. This places Mobicon Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Mobicon Group's value of 4 is 20% below this benchmark. Historically, Mobicon Group's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Mobicon Group 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 2,434 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. Mobicon Group'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 Mobicon Group 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. Mobicon Group'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 Mobicon Group stock overvalued right now?
Based on GuruFocus' analysis, Mobicon Group (HKSE:01213) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.47 — trading 147.4% 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. Mobicon Group's overall GF Score™ is 34/100 with 3 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 Mobicon Group (HKSE:01213), the current Piotroski F-Score is 4 as of Jul. 14, 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 Mobicon Group (HKSE:01213) Overvalued in 2026?

Based on GuruFocus' analysis, Mobicon Group stock appears to be overvalued. The current stock price of HK$0.47 is trading 147.4% above its estimated GF Value™ of HK$0.19. GuruFocus considers Mobicon Group to be Significantly Overvalued.

Key valuation signals for HKSE:01213:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: HK$0.19 vs. price of HK$0.47 (147.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 20% below the Hardware median (#1516 of 2434)

No single metric tells the full story. See the HKSE:01213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mobicon Group Business Description

Address 704 Prince Edward Road East, 7th Floor, New Trend Centre, San Po Kong, Kowloon, Hong Kong, HKG
Mobicon Group Ltd is a Hong Kong-based investment holding company principally engaged in the electronic trading business. The company operates through three business segments. The Electronic Trading Business segment which derives key revenue, is engaged in the distribution of electronic components, automation parts, and equipment. The Computer Business segment is engaged in the retail of computer products, mobile accessories; distribution of computer products; provision of information technology (IT) outsourcing, and solution services. The Cosmetic and Online Retail Business segment is engaged in the retail and distribution of cosmetic products. Geographically, it derives key revenue from Hong Kong and also has a presence in the Asia Pacific, South Africa, Europe, and other countries.
34GF Score

Get the complete analysis for HKSE:01213

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

HK$0.47
Price
HK$0.19
GF Value