REGMF (RemeGen Co) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 50% Above Median


REGMF RemeGen Co Ltd REGMF
41 GF Score
Price $12.05
GF Value $31.89
Valuation Possible Value Trap
! 6 Warning Signs
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What is RemeGen Co Piotroski F-Score?

RemeGen Co REGMF -6.23% 41 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates REGMF with a GF Score™ of 41/100 and a GF Value™ of $31.89 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,340 Biotechnology companies, RemeGen Co ranks better than 92.01% 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

RemeGen Co 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 RemeGen Co's Piotroski F-Score or its related term are showing as below:

REGMF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 6

During the past 8 years, the highest Piotroski F-Score of RemeGen Co was 6. The lowest was 3. And the median was 4.

RemeGen Co  (OTCPK:REGMF) 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.


RemeGen Co Piotroski F-Score Related Terms


RemeGen Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for RemeGen Co'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.

RemeGen Co Piotroski F-Score Chart

RemeGen Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 3.00 4.00 6.00

RemeGen Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 4.00 4.00 4.00 5.00 6.00

REGMF vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, RemeGen Co'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.


RemeGen Co Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, RemeGen Co's Piotroski F-Score distribution charts can be found below:

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


REGMF
41GF Score
RemeGen Co Ltd REGMF
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 (Sep24) TTM:
Net Income was -54.519 + 0 + -14.197 + 178.946 = $110.2 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = $0.0 Mil.
Revenue was 68.85 + 0 + 88.139 + 216.056 = $373.0 Mil.
Gross Profit was 55.383 + 0 + 74.036 + 194.062 = $323.5 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Dec25) was
(807.336 + 755.218 + 814.768 + 839.072 + 1029.088) / 5 = $849.0964 Mil.
Total Assets at the begining of this year (Sep24) was $807.3 Mil.
Long-Term Debt & Capital Lease Obligation was $106.8 Mil.
Total Current Assets was $565.4 Mil.
Total Current Liabilities was $396.5 Mil.
Net Income was -67.315 + -48.451 + -59.484 + -41.12 = $-216.4 Mil.

Revenue was 42.948 + 45.884 + 56.408 + 66.311 = $211.6 Mil.
Gross Profit was 32.397 + 35.559 + 43.325 + 55.645 = $166.9 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(755.609 + 774.242 + 760.766 + 793.215 + 807.336) / 5 = $778.2336 Mil.
Total Assets at the begining of last year (Sep23) was $755.6 Mil.
Long-Term Debt & Capital Lease Obligation was $196.1 Mil.
Total Current Assets was $356.7 Mil.
Total Current Liabilities was $263.0 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.

RemeGen Co's current Net Income (TTM) was 110.2. ==> 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.

RemeGen Co's current Cash Flow from Operations (TTM) was 0.0. ==> Negative ==> Score 0.

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 (Sep24)
=110.23/807.336
=0.13653547

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-216.37/755.609
=-0.2863518

RemeGen Co's return on assets of this year was 0.13653547. RemeGen Co's return on assets of last year was -0.2863518. ==> This year is higher. ==> Score 1.

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.

RemeGen Co's current Net Income (TTM) was 110.2. RemeGen Co's current Cash Flow from Operations (TTM) was 0.0. ==> 0.0 <= 110.2 ==> 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 Sep24 to Dec25
=106.755/849.0964
=0.12572777

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=196.13/778.2336
=0.25201945

RemeGen Co's gearing of this year was 0.12572777. RemeGen Co's gearing of last year was 0.25201945. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=565.352/396.457
=1.42601089

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=356.7/262.972
=1.35641817

RemeGen Co's current ratio of this year was 1.42601089. RemeGen Co's current ratio of last year was 1.35641817. ==> 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.

RemeGen Co's number of shares in issue this year was 549.763. RemeGen Co's number of shares in issue last year was 538.405. ==> 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
=323.481/373.045
=0.86713667

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=166.926/211.551
=0.78905796

RemeGen Co's gross margin of this year was 0.86713667. RemeGen Co's gross margin of last year was 0.78905796. ==> 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 (Sep24)
=373.045/807.336
=0.46206908

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=211.551/755.609
=0.27997417

RemeGen Co's asset turnover of this year was 0.46206908. RemeGen Co's asset turnover of last year was 0.27997417. ==> 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+0+1+0+1+1+0+1+1
=6

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

RemeGen Co 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?
RemeGen Co (REGMF) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RemeGen Co and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, RemeGen Co's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, RemeGen Co ranks #107 out of 1340 companies in the Biotechnology industry, placing it in the top 8%.
Is RemeGen Co's Piotroski F-Score too high?
RemeGen Co's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Biotechnology industry median Piotroski F-Score is 3.00. RemeGen Co's value of 6 is 100% above this industry median. Based on the distribution chart, RemeGen Co ranks #107 out of 1340 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, RemeGen Co has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RemeGen Co's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, RemeGen Co ranks #107 out of 1340 companies for Piotroski F-Score. This places RemeGen Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. RemeGen Co's value of 6 is 100% above this benchmark. Historically, RemeGen Co's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, RemeGen Co 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,340 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. RemeGen Co's current Piotroski F-Score of 6 is 100% 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 RemeGen Co and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RemeGen Co's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RemeGen Co stock overvalued right now?
Based on GuruFocus' analysis, RemeGen Co (REGMF) is currently considered Possible Value Trap. The stock's GF Value™ is $31.89, compared to a current price of $12.05 — trading 62.2% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 100% above the Biotechnology industry median of 3.00. RemeGen Co's overall GF Score™ is 41/100 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 RemeGen Co (REGMF), the current Piotroski F-Score is 6 as of Jun. 28, 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 RemeGen Co (REGMF) Overvalued in 2026?

Based on GuruFocus' analysis, RemeGen Co stock appears to be undervalued. The current stock price of $12.05 is trading 62.2% below its estimated GF Value™ of $31.89. GuruFocus considers RemeGen Co to be Possible Value Trap.

Key valuation signals for REGMF:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: $31.89 vs. price of $12.05 (62.2% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 100% above the Biotechnology median (#107 of 1340)

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


RemeGen Co Business Description

Address 58 Middle Beijing Road, Yantai Area of Shandong Pilot Free Trade Zone, Yantai Development Zone, Yantai, CHN
RemeGen Co Ltd is a China-based company mainly engaged in the research, development and manufacture of biopharmaceuticals. The company offers Telitacicept (RC18) for use in the treatment of systemic lupus erythematosus an autoimmune disease and Disitamab Vedotin (RC48) for use in the treatment of various cancers. The company's products are mainly used to treat severe diseases such as autoimmune diseases, oncology, and ophthalmology. It has its operations in China and the USA and derives the majority of its revenue from China.
41GF Score

Get the complete analysis for REGMF

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

$12.05
Price
$31.89
GF Value