Fameglow Holdings (HKSE:03774) Piotroski F-Score: 6 (As of Sep. 04, 2026) — 14% Below Median

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HKSE:03774 Fameglow Holdings Ltd HKSE:03774
64 GF Score
Price HK$23.50
GF Value HK$1.54
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Fameglow Holdings Piotroski F-Score?

Fameglow Holdings HKSE:03774 -16.31% 64 Piotroski F-Score is 6 as of Sep. 04, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates HKSE:03774 with a GF Score™ of 64/100 and a GF Value™ of HK$1.54 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 92 Personal Services companies, Fameglow Holdings ranks better than 72.83% 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

Fameglow Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

HKSE:03774' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 9
Current: 6

During the past 10 years, the highest Piotroski F-Score of Fameglow Holdings was 9. The lowest was 2. And the median was 7.

Fameglow Holdings  (HKSE:03774) 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.


Fameglow Holdings Piotroski F-Score Related Terms


Fameglow Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fameglow 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.

Fameglow Holdings Piotroski F-Score Chart

Fameglow Holdings 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 9.00 7.00 8.00 6.00

Fameglow Holdings Semi-Annual Data
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 7.00 0.00 8.00 0.00 6.00

HKSE:03774 vs ROL, SCI, HRB: Piotroski F-Score Comparison

For the Personal Services subindustry, Fameglow 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.


Fameglow Holdings Piotroski F-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fameglow Holdings's Piotroski F-Score distribution charts can be found below:

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


HKSE:03774
64GF Score
Fameglow Holdings Ltd HKSE:03774
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was HK$54.6 Mil.
Cash Flow from Operations was HK$117.4 Mil.
Revenue was HK$589.8 Mil.
Gross Profit was HK$527.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (329.811 + 456.905) / 2 = HK$393.358 Mil.
Total Assets at the begining of this year (Mar25) was HK$329.8 Mil.
Long-Term Debt & Capital Lease Obligation was HK$44.4 Mil.
Total Current Assets was HK$210.1 Mil.
Total Current Liabilities was HK$198.1 Mil.
Net Income was HK$45.7 Mil.

Revenue was HK$435.3 Mil.
Gross Profit was HK$388.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (194.481 + 329.811) / 2 = HK$262.146 Mil.
Total Assets at the begining of last year (Mar24) was HK$194.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$43.2 Mil.
Total Current Assets was HK$137.1 Mil.
Total Current Liabilities was HK$176.9 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.

Fameglow Holdings's current Net Income (TTM) was 54.6. ==> 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.

Fameglow Holdings's current Cash Flow from Operations (TTM) was 117.4. ==> 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 (Mar25)
=54.641/329.811
=0.16567367

ROA (Last Year)=Net Income/Total Assets (Mar24)
=45.728/194.481
=0.23512837

Fameglow Holdings's return on assets of this year was 0.16567367. Fameglow Holdings's return on assets of last year was 0.23512837. ==> 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.

Fameglow Holdings's current Net Income (TTM) was 54.6. Fameglow Holdings's current Cash Flow from Operations (TTM) was 117.4. ==> 117.4 > 54.6 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=44.437/393.358
=0.11296834

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=43.237/262.146
=0.16493481

Fameglow Holdings's gearing of this year was 0.11296834. Fameglow Holdings's gearing of last year was 0.16493481. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=210.101/198.142
=1.0603557

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=137.109/176.923
=0.77496425

Fameglow Holdings's current ratio of this year was 1.0603557. Fameglow Holdings's current ratio of last year was 0.77496425. ==> 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.

Fameglow Holdings's number of shares in issue this year was 806.065. Fameglow Holdings's number of shares in issue last year was 800. ==> 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
=527.778/589.794
=0.89485142

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=388.806/435.274
=0.89324426

Fameglow Holdings's gross margin of this year was 0.89485142. Fameglow Holdings's gross margin of last year was 0.89324426. ==> 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 (Mar25)
=589.794/329.811
=1.78827874

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=435.274/194.481
=2.23813123

Fameglow Holdings's asset turnover of this year was 1.78827874. Fameglow Holdings's asset turnover of last year was 2.23813123. ==> 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
=1+1+0+1+1+1+0+1+0
=6

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

Fameglow Holdings has an F-score of 6 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 6 mean?
Fameglow Holdings (HKSE:03774) has a Piotroski F-Score of 6 as of Sep. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fameglow Holdings and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Fameglow Holdings' Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Fameglow Holdings ranks #25 out of 92 companies in the Personal Services industry, placing it in the top 27.2%.
Is Fameglow Holdings' Piotroski F-Score too high?
Fameglow Holdings' current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Personal Services industry median Piotroski F-Score is 5.00. Fameglow Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Fameglow Holdings ranks #25 out of 92 companies in the Personal Services industry, which is above the industry midpoint. Overall, Fameglow Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fameglow Holdings' Piotroski F-Score compare to ROL and SCI?
According to the Personal Services industry distribution chart, Fameglow Holdings ranks #25 out of 92 companies for Piotroski F-Score. This puts Fameglow Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Fameglow Holdings' value of 6 is 20% above this benchmark. Historically, Fameglow Holdings' own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Fameglow 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 Personal Services company?
The median Piotroski F-Score among Personal Services companies is 5.00, based on 92 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. Fameglow Holdings's current Piotroski F-Score of 6 is 20% 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 Fameglow Holdings and its competitors. For the Personal Services 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. Fameglow Holdings's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fameglow Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fameglow Holdings (HKSE:03774) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.54, compared to a current price of HK$23.50 — trading 1426% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Personal Services industry median of 5.00. Fameglow Holdings' overall GF Score™ is 64/100 with 5 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 Fameglow Holdings (HKSE:03774), the current Piotroski F-Score is 6 as of Sep. 04, 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 Fameglow Holdings (HKSE:03774) Overvalued in 2026?

Based on GuruFocus' analysis, Fameglow Holdings stock appears to be overvalued. The current stock price of HK$23.50 is trading 1426% above its estimated GF Value™ of HK$1.54. GuruFocus considers Fameglow Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03774:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: HK$1.54 vs. price of HK$23.50 (1426% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 20% above the Personal Services median (#25 of 92)

No single metric tells the full story. See the HKSE:03774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fameglow Holdings Business Description

Address No. 83 King Lam Street, Room 2801, 28th Floor, Tower A, Lai Chi Kok, Kowloon, Hong Kong, HKG
Fameglow Holdings Ltd acts as an investment holding company. The Group is a medical aesthetic service provider in Hong Kong and operates medical aesthetic centres. It strive to provide holistic treatment solutions to its clients through its non-surgical medical aesthetic services, traditional beauty services and sale of skincare products to help its clients maintain and enhance their skin conditions and physical appearance. The company is principally engaged in provision of beauty treatment services and sale of skincare products in Hong Kong. The Group has only one single operating segment. Non-surgical medical aesthetic services are Energy-based procedures, Minimally invasive procedures, and Traditional beauty services.
64GF Score

Get the complete analysis for HKSE:03774

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

HK$23.50
Price
HK$1.54
GF Value