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Expert Systems HoldingsHKSE:08319 -0.93%55 Piotroski F-Score is 4 as of Aug. 25, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates HKSE:08319 with a GF Score™ of 55/100 and a GF Value™ of HK$0.20 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,741 Software companies, Expert Systems Holdings ranks worse than 59.87% 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
Expert Systems Holdings 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 Expert Systems Holdings's Piotroski F-Score or its related term are showing as below:
HKSE:08319'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of Expert Systems Holdings was 9. The lowest was 2. And the median was 6.
Expert Systems Holdings (HKSE:08319) 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.
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.
Expert Systems Holdings Piotroski F-Score Related Terms
Expert Systems Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Expert Systems 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.
HKSE:08319 vs IBM, ACN, FISV: Piotroski F-Score Comparison
For the Information Technology Services subindustry, Expert Systems 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.
Expert Systems Holdings Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Expert Systems Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Expert Systems Holdings'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.
Expert Systems Holdings's current Net Income (TTM) was 3.9.
==> 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.
Expert Systems Holdings's current Cash Flow from Operations (TTM) was 3.6.
==> 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.
Expert Systems Holdings's return on assets of this year was 0.00671618. Expert Systems Holdings's return on assets of last year was 0.02756746.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Expert Systems Holdings's gearing of this year was 0.02079535. Expert Systems Holdings's gearing of last year was 0.14284391.
==> 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
Expert Systems Holdings's current ratio of this year was 1.20483382. Expert Systems Holdings's current ratio of last year was 1.51205358.
==> 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.
Expert Systems Holdings's number of shares in issue this year was 803.789. Expert Systems Holdings's number of shares in issue last year was 1253.28.
==> 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.
Expert Systems Holdings's gross margin of this year was 0.14515116. Expert Systems Holdings's gross margin of last year was 0.16735743.
==> 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
Expert Systems Holdings's asset turnover of this year was 1.74367229. Expert Systems Holdings's asset turnover of last year was 1.77915413.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Expert Systems Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Expert Systems Holdings (HKSE:08319) has a Piotroski F-Score of 4 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Expert Systems Holdings and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Expert Systems Holdings' Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Expert Systems Holdings ranks #1641 out of 2741 companies in the Software industry, placing it in the top 59.9%.
Is Expert Systems Holdings' Piotroski F-Score too high?
Expert Systems Holdings' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. Expert Systems Holdings' value of 4 is 20% below this industry median. Based on the distribution chart, Expert Systems Holdings ranks #1641 out of 2741 companies in the Software industry, which is below the industry midpoint. Overall, Expert Systems Holdings has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Expert Systems Holdings' Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Expert Systems Holdings ranks #1641 out of 2741 companies for Piotroski F-Score. This places Expert Systems Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Expert Systems Holdings' value of 4 is 20% below this benchmark. Historically, Expert Systems 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 6.00 vs. the industry median of 5.00, Expert Systems Holdings 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,741 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. Expert Systems Holdings'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 Expert Systems Holdings and its competitors. For the Software 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. Expert Systems Holdings's current Piotroski F-Score is 4, which is 33% below 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 Expert Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Expert Systems Holdings (HKSE:08319) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.11 — trading 46.5% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Software industry median of 5.00. Expert Systems Holdings' overall GF Score™ is 55/100 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 Expert Systems Holdings (HKSE:08319), the current Piotroski F-Score is 4 as of Aug. 25, 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 Expert Systems Holdings (HKSE:08319) Overvalued in 2026?
Based on GuruFocus' analysis, Expert Systems Holdings stock appears to be undervalued.
The current stock price of HK$0.11 is trading 46.5% below its estimated GF Value™ of HK$0.20.
GuruFocus considers Expert Systems Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:08319:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: HK$0.20 vs. price of HK$0.11 (46.5% below fair value)
Industry Position: 20% below the Software median (#1641 of 2741)
No single metric tells the full story. See the HKSE:08319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expert Systems Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of IT infrastructure solutions .The operating segments of the Company are the provision of IT infrastructure solutions, the provision of IT infrastructure management services and the provision of AI business. Its products and solutions comprise server and storage consolidation, backup and restore, desktop management, networking, infrastructure and management, and information security. The company serves a diverse range of markets including banking, finance, insurance, telecommunications, media, Hotel and government sector. Geographically, Hong Kong contributes to the vast majority of total revenue.
55GF Score
Get the complete analysis for HKSE:08319
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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