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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Virtuoso OptoElectronicsNSE:VOEPL +0.51%64 Piotroski F-Score is 4 as of Aug. 24, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates NSE:VOEPL with a GF Score™ of 64/100 and a GF Value™ of ₹570.32 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,421 Hardware companies, Virtuoso OptoElectronics ranks worse than 63.86% 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
Virtuoso OptoElectronics 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 Virtuoso OptoElectronics's Piotroski F-Score or its related term are showing as below:
NSE:VOEPL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 4
During the past 7 years, the highest Piotroski F-Score of Virtuoso OptoElectronics was 4. The lowest was 2. And the median was 3.
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.
Virtuoso OptoElectronics Piotroski F-Score Related Terms
Virtuoso OptoElectronics Piotroski F-Score Historical Data
* 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.
For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.
Virtuoso OptoElectronics Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Virtuoso OptoElectronics'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.
Virtuoso OptoElectronics's current Net Income (TTM) was 177.
==> 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.
Virtuoso OptoElectronics's return on assets of this year was 0.02883953. Virtuoso OptoElectronics's return on assets of last year was 0.02323962.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Virtuoso OptoElectronics's gearing of this year was 0.23869989. Virtuoso OptoElectronics's gearing of last year was 0.19594131.
==> 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
Virtuoso OptoElectronics's current ratio of this year was 1.19133198. Virtuoso OptoElectronics's current ratio of last year was 1.31634316.
==> 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.
Virtuoso OptoElectronics's number of shares in issue this year was 31.869. Virtuoso OptoElectronics's number of shares in issue last year was 29.749.
==> 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.
Virtuoso OptoElectronics's gross margin of this year was 0.14903265. Virtuoso OptoElectronics's gross margin of last year was 0.14640927.
==> 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
Virtuoso OptoElectronics's asset turnover of this year was 1.62788587. Virtuoso OptoElectronics's asset turnover of last year was 0.73485593.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Virtuoso OptoElectronics has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Virtuoso OptoElectronics (NSE:VOEPL) has a Piotroski F-Score of 4 as of Aug. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Virtuoso OptoElectronics and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Virtuoso OptoElectronics' Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Virtuoso OptoElectronics ranks #1546 out of 2421 companies in the Hardware industry, placing it in the top 63.9%.
Is Virtuoso OptoElectronics' Piotroski F-Score too high?
Virtuoso OptoElectronics' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Hardware industry median Piotroski F-Score is 5.00. Virtuoso OptoElectronics' value of 4 is 20% below this industry median. Based on the distribution chart, Virtuoso OptoElectronics ranks #1546 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, Virtuoso OptoElectronics has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtuoso OptoElectronics' Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Virtuoso OptoElectronics ranks #1546 out of 2421 companies for Piotroski F-Score. This places Virtuoso OptoElectronics in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Virtuoso OptoElectronics' value of 4 is 20% below this benchmark. Historically, Virtuoso OptoElectronics' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Virtuoso OptoElectronics 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,421 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. Virtuoso OptoElectronics'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 Virtuoso OptoElectronics and its competitors. For the Hardware 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. Virtuoso OptoElectronics's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtuoso OptoElectronics stock overvalued right now?
Based on GuruFocus' analysis, Virtuoso OptoElectronics (NSE:VOEPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹570.32, compared to a current price of ₹488.05 — trading 14.4% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Hardware industry median of 5.00. Virtuoso OptoElectronics' overall GF Score™ is 64/100 with 6 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 Virtuoso OptoElectronics (NSE:VOEPL), the current Piotroski F-Score is 4 as of Aug. 24, 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 Virtuoso OptoElectronics (NSE:VOEPL) Overvalued in 2026?
Based on GuruFocus' analysis, Virtuoso OptoElectronics stock appears to be undervalued.
The current stock price of ₹488.05 is trading 14.4% below its estimated GF Value™ of ₹570.32.
GuruFocus considers Virtuoso OptoElectronics to be Modestly Undervalued.
Key valuation signals for NSE:VOEPL:
Piotroski F-Score: 4 (33% above median its 10-year median of 3.00)
GF Value™: ₹570.32 vs. price of ₹488.05 (14.4% below fair value)
Industry Position: 20% below the Hardware median (#1546 of 2421)
No single metric tells the full story. See the NSE:VOEPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtuoso Optoelectronics Ltd is a manufacturing company specializing in high-volume production of consumer and industrial goods. It operates as an original equipment manufacturer and original design manufacturer, producing products such as white goods, LED lighting, air conditioners, water dispensers, and freezers. The company integrates design, development, and manufacturing to serve clients in the consumer appliances and electronics sectors. Virtuoso operates majorly in India, targeting both domestic and international markets with a focus on delivering reliable and cost-effective solutions.
64GF Score
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