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Future MachineHKSE:01401 +7.66%70 Piotroski F-Score is 5 as of Aug. 05, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:01401 with a GF Score™ of 70/100 and a GF Value™ of HK$2.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,417 Hardware companies, Future Machine ranks better than 60.12% 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
Future Machine 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 Future Machine's Piotroski F-Score or its related term are showing as below:
HKSE:01401'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 5
During the past 10 years, the highest Piotroski F-Score of Future Machine was 7. The lowest was 3. And the median was 5.
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.
Future Machine Piotroski F-Score Related Terms
Future Machine Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Future Machine'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.
For the Consumer Electronics subindustry, Future Machine'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.
Future Machine Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Future Machine's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Future Machine'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.
Future Machine's current Net Income (TTM) was 46.
==> 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.
Future Machine's return on assets of this year was 0.0126222. Future Machine's return on assets of last year was 0.00417333.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Future Machine's gearing of this year was 0.00759056. Future Machine's gearing of last year was 0.01157777.
==> 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
Future Machine's current ratio of this year was 1.12778928. Future Machine's current ratio of last year was 1.09656581.
==> 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.
Future Machine's number of shares in issue this year was 1303.008. Future Machine's number of shares in issue last year was 1271.739.
==> 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.
Future Machine's gross margin of this year was 0.08317328. Future Machine's gross margin of last year was 0.08835477.
==> 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
Future Machine's asset turnover of this year was 1.32579047. Future Machine's asset turnover of last year was 0.74507719.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Future Machine has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Future Machine (HKSE:01401) has a Piotroski F-Score of 5 as of Aug. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Future Machine and its competitors. This is near median its historical median of 5.00. Over the past decade, Future Machine's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Future Machine ranks #964 out of 2417 companies in the Hardware industry, placing it in the top 39.9%.
Is Future Machine's Piotroski F-Score too high?
Future Machine'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 3.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Future Machine's value of 5 is 0% at this industry median. Based on the distribution chart, Future Machine ranks #964 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Future Machine has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future Machine's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Future Machine ranks #964 out of 2417 companies for Piotroski F-Score. This puts Future Machine in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Future Machine's value of 5 is 0% at this benchmark. Historically, Future Machine's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Future Machine has consistently been at 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 2,417 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. Future Machine's current Piotroski F-Score of 5 is 0% at 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 Future Machine 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. Future Machine'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 Future Machine stock overvalued right now?
Based on GuruFocus' analysis, Future Machine (HKSE:01401) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.12, compared to a current price of HK$0.24 — trading 88.7% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Hardware industry median of 5.00. Future Machine's overall GF Score™ is 70/100 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 Future Machine (HKSE:01401), the current Piotroski F-Score is 5 as of Aug. 05, 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 Future Machine (HKSE:01401) Overvalued in 2026?
Based on GuruFocus' analysis, Future Machine stock appears to be undervalued.
The current stock price of HK$0.24 is trading 88.7% below its estimated GF Value™ of HK$2.12.
GuruFocus considers Future Machine to be Possible Value Trap.
Key valuation signals for HKSE:01401:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: HK$2.12 vs. price of HK$0.24 (88.7% below fair value)
Industry Position: 0% at the Hardware median (#964 of 2417)
No single metric tells the full story. See the HKSE:01401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Machine Ltd is an investment holding company. The principal activities of its subsidiaries are designing, manufacturing and sales of mobile phones and printed circuit board assembly products (PCBA) and Internet of things (IoT) related products and investment holding. It generates a majority of its revenue from the sale of feature phones and smartphones. Geographically, the group derives its key revenue from the People's Republic of China (PRC), and also has a presence in India, Pakistan, the United States of America, Bangladesh, Algeria, Yemen, Dubai, and other markets.
70GF Score
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