EEKA Fashion Holdings (HKSE:03709) Piotroski F-Score: 7 (As of Jul. 11, 2026) — 17% Above Median


HKSE:03709 EEKA Fashion Holdings Ltd HKSE:03709
77 GF Score
Price HK$5.24
GF Value HK$8.94
Valuation Significantly Undervalued
! 3 Warning Signs
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What is EEKA Fashion Holdings Piotroski F-Score?

EEKA Fashion Holdings HKSE:03709 +8.04% 77 Piotroski F-Score is 7 as of Jul. 11, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates HKSE:03709 with a GF Score™ of 77/100 and a GF Value™ of HK$8.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,097 Retail - Cyclical companies, EEKA Fashion Holdings ranks better than 91.16% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

EEKA Fashion Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for EEKA Fashion Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:03709' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of EEKA Fashion Holdings was 9. The lowest was 4. And the median was 6.

EEKA Fashion Holdings  (HKSE:03709) 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.


EEKA Fashion Holdings Piotroski F-Score Related Terms


EEKA Fashion Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for EEKA Fashion Holdings'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.

EEKA Fashion Holdings Piotroski F-Score Chart

EEKA Fashion Holdings 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 7.00 6.00 9.00 6.00 7.00

EEKA Fashion Holdings 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 9.00 0.00 6.00 0.00 7.00

HKSE:03709 vs TJX, ROST, BURL: Piotroski F-Score Comparison

For the Apparel Retail subindustry, EEKA Fashion Holdings'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.


EEKA Fashion Holdings Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EEKA Fashion Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where EEKA Fashion Holdings's Piotroski F-Score falls into.


HKSE:03709
77GF Score
EEKA Fashion Holdings Ltd HKSE:03709
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$439 Mil.
Cash Flow from Operations was HK$1,718 Mil.
Revenue was HK$6,944 Mil.
Gross Profit was HK$5,316 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (7323.46 + 7886.813) / 2 = HK$7605.1365 Mil.
Total Assets at the begining of this year (Dec24) was HK$7,323 Mil.
Long-Term Debt & Capital Lease Obligation was HK$568 Mil.
Total Current Assets was HK$3,762 Mil.
Total Current Liabilities was HK$1,961 Mil.
Net Income was HK$500 Mil.

Revenue was HK$7,034 Mil.
Gross Profit was HK$5,376 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (7689.047 + 7323.46) / 2 = HK$7506.2535 Mil.
Total Assets at the begining of last year (Dec23) was HK$7,689 Mil.
Long-Term Debt & Capital Lease Obligation was HK$358 Mil.
Total Current Assets was HK$3,600 Mil.
Total Current Liabilities was HK$1,894 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.

EEKA Fashion Holdings's current Net Income (TTM) was 439. ==> 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.

EEKA Fashion Holdings's current Cash Flow from Operations (TTM) was 1,718. ==> 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)
=438.605/7323.46
=0.05989041

ROA (Last Year)=Net Income/Total Assets (Dec23)
=500.209/7689.047
=0.06505475

EEKA Fashion Holdings's return on assets of this year was 0.05989041. EEKA Fashion Holdings's return on assets of last year was 0.06505475. ==> 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.

EEKA Fashion Holdings's current Net Income (TTM) was 439. EEKA Fashion Holdings's current Cash Flow from Operations (TTM) was 1,718. ==> 1,718 > 439 ==> 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
=567.76/7605.1365
=0.07465481

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=358.216/7506.2535
=0.04772234

EEKA Fashion Holdings's gearing of this year was 0.07465481. EEKA Fashion Holdings's gearing of last year was 0.04772234. ==> Last year is lower than this year ==> Score 0.

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
=3761.542/1960.784
=1.91838673

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3599.89/1893.896
=1.90078547

EEKA Fashion Holdings's current ratio of this year was 1.91838673. EEKA Fashion Holdings's current ratio of last year was 1.90078547. ==> 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.

EEKA Fashion Holdings's number of shares in issue this year was 674.936. EEKA Fashion Holdings's number of shares in issue last year was 685.853. ==> 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
=5316.262/6944.078
=0.76558213

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5376.318/7034.396
=0.76428993

EEKA Fashion Holdings's gross margin of this year was 0.76558213. EEKA Fashion Holdings's gross margin of last year was 0.76428993. ==> 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)
=6944.078/7323.46
=0.94819634

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=7034.396/7689.047
=0.91485928

EEKA Fashion Holdings's asset turnover of this year was 0.94819634. EEKA Fashion Holdings's asset turnover of last year was 0.91485928. ==> 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+0+1+0+1+1+1+1
=7

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

EEKA Fashion Holdings has an F-score of 7. 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 7 mean?
EEKA Fashion Holdings (HKSE:03709) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on EEKA Fashion Holdings and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, EEKA Fashion Holdings' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, EEKA Fashion Holdings ranks #97 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is EEKA Fashion Holdings' Piotroski F-Score too high?
EEKA Fashion Holdings' current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. EEKA Fashion Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, EEKA Fashion Holdings ranks #97 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, EEKA Fashion Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EEKA Fashion Holdings' Piotroski F-Score compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, EEKA Fashion Holdings ranks #97 out of 1097 companies for Piotroski F-Score. This places EEKA Fashion Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. EEKA Fashion Holdings' value of 7 is 40% above this benchmark. Historically, EEKA Fashion Holdings' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, EEKA Fashion Holdings 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 a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,097 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. EEKA Fashion Holdings's current Piotroski F-Score of 7 is 40% 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 EEKA Fashion Holdings and its competitors. For the Retail - Cyclical 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. EEKA Fashion Holdings's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EEKA Fashion Holdings stock overvalued right now?
Based on GuruFocus' analysis, EEKA Fashion Holdings (HKSE:03709) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$8.94, compared to a current price of HK$5.24 — trading 41.4% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Retail - Cyclical industry median of 5.00. EEKA Fashion Holdings' overall GF Score™ is 77/100 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 EEKA Fashion Holdings (HKSE:03709), the current Piotroski F-Score is 7 as of Jul. 11, 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 EEKA Fashion Holdings (HKSE:03709) Overvalued in 2026?

Based on GuruFocus' analysis, EEKA Fashion Holdings stock appears to be undervalued. The current stock price of HK$5.24 is trading 41.4% below its estimated GF Value™ of HK$8.94. GuruFocus considers EEKA Fashion Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:03709:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: HK$8.94 vs. price of HK$5.24 (41.4% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 40% above the Retail - Cyclical median (#97 of 1097)

No single metric tells the full story. See the HKSE:03709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EEKA Fashion Holdings Business Description

Address Terra 4th Road, 26th Floor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
EEKA Fashion Holdings Ltd is a Chinese company that manufactures and sells women's clothing. It have three high-end brands, namely Koradior, La Koradior, and Koradior Elsewhere, which cater to women aged between 30 and 45. Company offer products such as dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The company's primary activities include designing, retailing, and wholesaling women's wear in China. It mainly sell products directly to customers through their retail stores but also have a presence on third-party e-commerce platforms and distributor-operated retail stores. The company generates nearly all of its revenue from sales in China.
77GF Score

Get the complete analysis for HKSE:03709

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

HK$5.24
Price
HK$8.94
GF Value