Asmedia Technology (LUX:ASMTS) Piotroski F-Score: 2 (As of Jun. 30, 2026) — 67% Below Median


LUX:ASMTS Asmedia Technology Inc LUX:ASMTS
89 GF Score
Price $58.43
GF Value $122.48
! 5 Warning Signs
View Full Analysis

What is Asmedia Technology Piotroski F-Score?

Asmedia Technology LUX:ASMTS 89 Piotroski F-Score is 2 as of Jun. 30, 2026, which is 67% below its 10-year median of 6.00. GuruFocus rates LUX:ASMTS with a GF Score™ of 89/100 and a GF Value™ of $122.48. The stock has 5 warning signs investors should review. Among 989 Semiconductors companies, Asmedia Technology ranks worse than 92.52% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Asmedia Technology has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

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

During the past 13 years, the highest Piotroski F-Score of Asmedia Technology was 7. The lowest was 2. And the median was 6.

Asmedia Technology  (LUX:ASMTS) 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.


Asmedia Technology Piotroski F-Score Related Terms


Asmedia Technology Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Asmedia Technology'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.

Asmedia Technology Piotroski F-Score Chart

Asmedia Technology 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 5.00 2.00 7.00 6.00 2.00

Asmedia Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 6.00 6.00 3.00 4.00 2.00

LUX:ASMTS vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, Asmedia Technology'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.


Asmedia Technology Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Asmedia Technology's Piotroski F-Score distribution charts can be found below:

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


LUX:ASMTS
89GF Score
Asmedia Technology Inc LUX:ASMTS
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 37.077 + 37.834 + 52.116 + 47.83 = $174.9 Mil.
Cash Flow from Operations was -17.746 + 40.124 + 26.346 + 85.057 = $133.8 Mil.
Revenue was 76.083 + 114.536 + 131.455 + 112.282 = $434.4 Mil.
Gross Profit was 41.949 + 60.115 + 67.101 + 57.557 = $226.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(1106.871 + 1135.353 + 1183.488 + 1188.345 + 1301.055) / 5 = $1183.0224 Mil.
Total Assets at the begining of this year (Dec24) was $1,106.9 Mil.
Long-Term Debt & Capital Lease Obligation was $1.0 Mil.
Total Current Assets was $323.3 Mil.
Total Current Liabilities was $121.9 Mil.
Net Income was 27.948 + 28.902 + 30.485 + 28.763 = $116.1 Mil.

Revenue was 61.472 + 65.057 + 66.554 + 58.319 = $251.4 Mil.
Gross Profit was 36.397 + 33.865 + 35.186 + 30.784 = $136.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(692.74 + 707.494 + 1082.17 + 1050.362 + 1106.871) / 5 = $927.9274 Mil.
Total Assets at the begining of last year (Dec23) was $692.7 Mil.
Long-Term Debt & Capital Lease Obligation was $0.2 Mil.
Total Current Assets was $514.7 Mil.
Total Current Liabilities was $81.5 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.

Asmedia Technology's current Net Income (TTM) was 174.9. ==> 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.

Asmedia Technology's current Cash Flow from Operations (TTM) was 133.8. ==> 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)
=174.857/1106.871
=0.15797415

ROA (Last Year)=Net Income/Total Assets (Dec23)
=116.098/692.74
=0.16759246

Asmedia Technology's return on assets of this year was 0.15797415. Asmedia Technology's return on assets of last year was 0.16759246. ==> 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.

Asmedia Technology's current Net Income (TTM) was 174.9. Asmedia Technology's current Cash Flow from Operations (TTM) was 133.8. ==> 133.8 <= 174.9 ==> CFROA <= ROA ==> Score 0.

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
=1.034/1183.0224
=0.00087403

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.169/927.9274
=0.00018213

Asmedia Technology's gearing of this year was 0.00087403. Asmedia Technology's gearing of last year was 0.00018213. ==> 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
=323.279/121.905
=2.65189287

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=514.688/81.521
=6.31356338

Asmedia Technology's current ratio of this year was 2.65189287. Asmedia Technology's current ratio of last year was 6.31356338. ==> 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.

Asmedia Technology's number of shares in issue this year was 75.25. Asmedia Technology's number of shares in issue last year was 74.871. ==> 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
=226.722/434.356
=0.52197276

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=136.232/251.402
=0.54188909

Asmedia Technology's gross margin of this year was 0.52197276. Asmedia Technology's gross margin of last year was 0.54188909. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=434.356/1106.871
=0.39241791

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=251.402/692.74
=0.36290961

Asmedia Technology's asset turnover of this year was 0.39241791. Asmedia Technology's asset turnover of last year was 0.36290961. ==> 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+0+0+0+0+0+1
=3

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

Asmedia Technology has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Asmedia Technology (LUX:ASMTS) has a Piotroski F-Score of 2 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Asmedia Technology and its competitors. This is 67% below median its historical median of 6.00. Over the past decade, Asmedia Technology's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Asmedia Technology ranks #915 out of 989 companies in the Semiconductors industry, placing it in the top 92.5%.
Is Asmedia Technology's Piotroski F-Score too high?
Asmedia Technology's current Piotroski F-Score of 2 is 67% 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 7.00. The Semiconductors industry median Piotroski F-Score is 5.00. Asmedia Technology's value of 2 is 60% below this industry median. Based on the distribution chart, Asmedia Technology ranks #915 out of 989 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Asmedia Technology has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Asmedia Technology's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Asmedia Technology ranks #915 out of 989 companies for Piotroski F-Score. This places Asmedia Technology in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Asmedia Technology's value of 2 is 60% below this benchmark. Historically, Asmedia Technology's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Asmedia Technology 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Asmedia Technology's current Piotroski F-Score of 2 is 60% 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 Asmedia Technology and its competitors. For the Semiconductors 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. Asmedia Technology's current Piotroski F-Score is 2, which is 67% 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 Asmedia Technology stock overvalued right now?
Asmedia Technology (LUX:ASMTS) has a current Piotroski F-Score of 2. The stock's GF Value™ is $122.48, compared to a current price of $58.43 — trading 52.3% below its estimated fair value. The current Piotroski F-Score is 2, which is 67% below median its 10-year median of 6.00 and 60% below the Semiconductors industry median of 5.00. Asmedia Technology's overall GF Score™ is 89/100 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 Asmedia Technology (LUX:ASMTS), the current Piotroski F-Score is 2 as of Jun. 30, 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 Asmedia Technology (LUX:ASMTS) Overvalued in 2026?

Based on GuruFocus' analysis, Asmedia Technology stock appears to be undervalued. The current stock price of $58.43 is trading 52.3% below its estimated GF Value™ of $122.48.

Key valuation signals for LUX:ASMTS:

  • Piotroski F-Score: 2 (67% below median its 10-year median of 6.00)
  • GF Value™: $122.48 vs. price of $58.43 (52.3% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 60% below the Semiconductors median (#915 of 989)

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


Asmedia Technology Business Description

Other Exchanges 5269:Taiwan
Address Minquan Road, 6th Floor, No.115, Xindian District, New Taipei, TWN, 231
Asmedia Technology Inc is a semiconductor memory company. It is engaged in the design, development, production, and manufacture of high-speed analogue circuit products. Some of its products include USB Controller, PCIe Bridge Controller, SATA Controller, High-Speed Signal Switch, and ASIC. Its geographical segments include the Americas, Taiwan, China, Southeast Asia, North-east Asia, and Others, out of which the majority is from the Americas. The majority of its revenue is derived from High-speed interface controller.
89GF Score

Get the complete analysis for LUX:ASMTS

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

$58.43
Price
$122.48
GF Value