Pak Tak International (HKSE:02668) Piotroski F-Score: 5 (As of Aug. 09, 2026) — 25% Above Median

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HKSE:02668 Pak Tak International Ltd HKSE:02668
25 GF Score
Price HK$0.42
GF Value HK$0.22
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pak Tak International Piotroski F-Score?

Pak Tak International HKSE:02668 25 Piotroski F-Score is 5 as of Aug. 09, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates HKSE:02668 with a GF Score™ of 25/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,046 Manufacturing - Apparel & Accessories companies, Pak Tak International ranks better than 59.56% 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

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

HKSE:02668' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Pak Tak International was 7. The lowest was 1. And the median was 4.

Pak Tak International  (HKSE:02668) 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.


Pak Tak International Piotroski F-Score Related Terms


Pak Tak International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pak Tak 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.

Pak Tak International Piotroski F-Score Chart

Pak Tak International Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.00 4.00 2.00 5.00

Pak Tak International Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 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 4.00 0.00 2.00 0.00 5.00

HKSE:02668 vs RL, LEVI, VFC: Piotroski F-Score Comparison

For the Apparel Manufacturing subindustry, Pak Tak 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.


Pak Tak International Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pak Tak International's Piotroski F-Score distribution charts can be found below:

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


HKSE:02668
25GF Score
Pak Tak International Ltd HKSE:02668
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$-238.5 Mil.
Cash Flow from Operations was HK$100.2 Mil.
Revenue was HK$770.3 Mil.
Gross Profit was HK$52.1 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1815.477 + 1740.514) / 2 = HK$1777.9955 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,815.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$22.5 Mil.
Total Current Assets was HK$499.2 Mil.
Total Current Liabilities was HK$1,244.7 Mil.
Net Income was HK$-229.2 Mil.

Revenue was HK$674.8 Mil.
Gross Profit was HK$34.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (948.24 + 1815.477) / 2 = HK$1381.8585 Mil.
Total Assets at the begining of last year (Dec23) was HK$948.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$266.1 Mil.
Total Current Assets was HK$632.0 Mil.
Total Current Liabilities was HK$848.1 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.

Pak Tak International's current Net Income (TTM) was -238.5. ==> 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.

Pak Tak International's current Cash Flow from Operations (TTM) was 100.2. ==> 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)
=-238.492/1815.477
=-0.13136603

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-229.199/948.24
=-0.2417099

Pak Tak International's return on assets of this year was -0.13136603. Pak Tak International's return on assets of last year was -0.2417099. ==> 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.

Pak Tak International's current Net Income (TTM) was -238.5. Pak Tak International's current Cash Flow from Operations (TTM) was 100.2. ==> 100.2 > -238.5 ==> 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
=22.457/1777.9955
=0.01263052

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=266.056/1381.8585
=0.19253491

Pak Tak International's gearing of this year was 0.01263052. Pak Tak International's gearing of last year was 0.19253491. ==> 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
=499.209/1244.72
=0.40106128

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=632.011/848.058
=0.74524502

Pak Tak International's current ratio of this year was 0.40106128. Pak Tak International's current ratio of last year was 0.74524502. ==> 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.

Pak Tak International's number of shares in issue this year was 5630. Pak Tak International's number of shares in issue last year was 4682.596. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=52.076/770.343
=0.06760106

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=33.996/674.764
=0.05038206

Pak Tak International's gross margin of this year was 0.06760106. Pak Tak International's gross margin of last year was 0.05038206. ==> 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)
=770.343/1815.477
=0.42431989

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=674.764/948.24
=0.71159622

Pak Tak International's asset turnover of this year was 0.42431989. Pak Tak International's asset turnover of last year was 0.71159622. ==> 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+1+1+1+0+0+1+0
=5

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

Pak Tak International has an F-score of 5 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 5 mean?
Pak Tak International (HKSE:02668) has a Piotroski F-Score of 5 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pak Tak International and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Pak Tak International's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Pak Tak International ranks #423 out of 1046 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.4%.
Is Pak Tak International's Piotroski F-Score too high?
Pak Tak International's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Pak Tak International's value of 5 is 0% at this industry median. Based on the distribution chart, Pak Tak International ranks #423 out of 1046 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pak Tak International has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pak Tak International's Piotroski F-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pak Tak International ranks #423 out of 1046 companies for Piotroski F-Score. This puts Pak Tak International in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Pak Tak International's value of 5 is 0% at this benchmark. Historically, Pak Tak International's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Pak Tak International 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,046 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. Pak Tak International'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 Pak Tak International and its competitors. For the Manufacturing - Apparel & Accessories 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. Pak Tak International's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pak Tak International stock overvalued right now?
Based on GuruFocus' analysis, Pak Tak International (HKSE:02668) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.42 — trading 90.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Manufacturing - Apparel & Accessories industry median of 5.00. Pak Tak International's overall GF Score™ is 25/100 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 Pak Tak International (HKSE:02668), the current Piotroski F-Score is 5 as of Aug. 09, 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 Pak Tak International (HKSE:02668) Overvalued in 2026?

Based on GuruFocus' analysis, Pak Tak International stock appears to be overvalued. The current stock price of HK$0.42 is trading 90.9% above its estimated GF Value™ of HK$0.22. GuruFocus considers Pak Tak International to be Significantly Overvalued.

Key valuation signals for HKSE:02668:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: HK$0.22 vs. price of HK$0.42 (90.9% above fair value)
  • GF Score™: 25/100 with 3 warning signs
  • Industry Position: 0% at the Manufacturing - Apparel & Accessories median (#423 of 1046)

No single metric tells the full story. See the HKSE:02668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pak Tak International Business Description

Address No. 232 Wan Chai Road, 20th FLoor, One Continental, Wan Chai, Hong Kong, HKG
Pak Tak International Ltd is an investment holding company. Its operating segments are the supply chain business, which generates maximum revenue and focuses on the procurement and distribution of non-ferrous metals and building materials. It also provides value-added services, including but not limited to inventory management and logistics support, to broaden its revenue streams. Its clients include non-ferrous metal mining and production companies and integrated infrastructure companies in the People's Republic of China; property investment; hotel management and catering services, and iron ore mining and milling. The Group operates in the PRC and Hong Kong, with the PRC generating maximum revenue.
25GF Score

Get the complete analysis for HKSE:02668

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

HK$0.42
Price
HK$0.22
GF Value