Greatwall Ent (TPE:1210) Piotroski F-Score: 7 (As of Sep. 02, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1210 Greatwall Ent TPE:1210
81 GF Score
Price NT$51.70
GF Value NT$53.75
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Greatwall Ent Piotroski F-Score?

Greatwall Ent TPE:1210 +0.58% 81 Piotroski F-Score is 7 as of Sep. 02, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TPE:1210 with a GF Score™ of 81/100 and a GF Value™ of NT$53.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Greatwall Ent ranks better than 89.17% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Greatwall Ent has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TPE:1210' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Greatwall Ent was 8. The lowest was 4. And the median was 6.

Greatwall Ent  (TPE:1210) 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.


Greatwall Ent Piotroski F-Score Related Terms


Greatwall Ent Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Greatwall Ent'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.

Greatwall Ent Piotroski F-Score Chart

Greatwall Ent 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 6.00 5.00 7.00 6.00 5.00

Greatwall Ent Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.00 5.00 5.00 4.00 7.00

TPE:1210 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Greatwall Ent'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.


Greatwall Ent Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greatwall Ent's Piotroski F-Score distribution charts can be found below:

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


TPE:1210
81GF Score
Greatwall Ent TPE:1210
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 780.851 + 1388.415 + 788.702 + 446.52 = NT$3,404 Mil.
Cash Flow from Operations was 2210.689 + 1530.386 + 2047.783 + 678.445 = NT$6,467 Mil.
Revenue was 24677.209 + 26206.349 + 26901.827 + 26964.853 = NT$104,750 Mil.
Gross Profit was 3664.07 + 4044.66 + 3784.019 + 3598.908 = NT$15,092 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(66967.413 + 70504.974 + 76152.381 + 76955.549 + 78585.27) / 5 = NT$73833.1174 Mil.
Total Assets at the begining of this year (Jun25) was NT$66,967 Mil.
Long-Term Debt & Capital Lease Obligation was NT$2,975 Mil.
Total Current Assets was NT$33,848 Mil.
Total Current Liabilities was NT$40,001 Mil.
Net Income was 841.799 + 1055.643 + 882.716 + 572.207 = NT$3,352 Mil.

Revenue was 25858.166 + 26646.346 + 25466.623 + 24871.594 = NT$102,843 Mil.
Gross Profit was 3705.402 + 3927.828 + 3918.049 + 3236.59 = NT$14,788 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(66272.471 + 67765.928 + 70755.17 + 70737.237 + 66967.413) / 5 = NT$68499.6438 Mil.
Total Assets at the begining of last year (Jun24) was NT$66,272 Mil.
Long-Term Debt & Capital Lease Obligation was NT$3,715 Mil.
Total Current Assets was NT$27,445 Mil.
Total Current Liabilities was NT$31,500 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.

Greatwall Ent's current Net Income (TTM) was 3,404. ==> 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.

Greatwall Ent's current Cash Flow from Operations (TTM) was 6,467. ==> 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 (Jun25)
=3404.488/66967.413
=0.05083798

ROA (Last Year)=Net Income/Total Assets (Jun24)
=3352.365/66272.471
=0.05058458

Greatwall Ent's return on assets of this year was 0.05083798. Greatwall Ent's return on assets of last year was 0.05058458. ==> 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.

Greatwall Ent's current Net Income (TTM) was 3,404. Greatwall Ent's current Cash Flow from Operations (TTM) was 6,467. ==> 6,467 > 3,404 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=2975.427/73833.1174
=0.04029935

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3715.361/68499.6438
=0.05423913

Greatwall Ent's gearing of this year was 0.04029935. Greatwall Ent's gearing of last year was 0.05423913. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=33847.731/40000.743
=0.84617756

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=27444.608/31500.447
=0.87124503

Greatwall Ent's current ratio of this year was 0.84617756. Greatwall Ent's current ratio of last year was 0.87124503. ==> 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.

Greatwall Ent's number of shares in issue this year was 842.491. Greatwall Ent's number of shares in issue last year was 836.163. ==> 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
=15091.657/104750.238
=0.14407277

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14787.869/102842.729
=0.1437911

Greatwall Ent's gross margin of this year was 0.14407277. Greatwall Ent's gross margin of last year was 0.1437911. ==> 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 (Jun25)
=104750.238/66967.413
=1.56419717

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=102842.729/66272.471
=1.55181673

Greatwall Ent's asset turnover of this year was 1.56419717. Greatwall Ent's asset turnover of last year was 1.55181673. ==> 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+1+1+1+0+0+1+1
=7

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

Greatwall Ent has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Greatwall Ent (TPE:1210) has a Piotroski F-Score of 7 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Greatwall Ent and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Greatwall Ent's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Greatwall Ent ranks #209 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 10.8%.
Is Greatwall Ent's Piotroski F-Score too high?
Greatwall Ent's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Greatwall Ent's value of 7 is 40% above this industry median. Based on the distribution chart, Greatwall Ent ranks #209 out of 1929 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Greatwall Ent has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greatwall Ent's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Greatwall Ent ranks #209 out of 1929 companies for Piotroski F-Score. This places Greatwall Ent in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Greatwall Ent's value of 7 is 40% above this benchmark. Historically, Greatwall Ent's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Greatwall Ent 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,929 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. Greatwall Ent's current Piotroski F-Score of 7 is 40% 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 Greatwall Ent and its competitors. For the Consumer Packaged Goods 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. Greatwall Ent's current Piotroski F-Score is 7, which is 17% above 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 Greatwall Ent stock overvalued right now?
Based on GuruFocus' analysis, Greatwall Ent (TPE:1210) is currently considered Fairly Valued. The stock's GF Value™ is NT$53.75, compared to a current price of NT$51.70 — trading 3.8% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Greatwall Ent's overall GF Score™ is 81/100 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 Greatwall Ent (TPE:1210), the current Piotroski F-Score is 7 as of Sep. 02, 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 Greatwall Ent (TPE:1210) Overvalued in 2026?

Based on GuruFocus' analysis, Greatwall Ent stock appears to be undervalued. The current stock price of NT$51.70 is trading 3.8% below its estimated GF Value™ of NT$53.75. GuruFocus considers Greatwall Ent to be Fairly Valued.

Key valuation signals for TPE:1210:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: NT$53.75 vs. price of NT$51.70 (3.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#209 of 1929)

No single metric tells the full story. See the TPE:1210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greatwall Ent Business Description

Address No. 3, Niao-Song 2nd street, Yongkang District, Tainan, TWN, 71042
Greatwall Ent engages in the procurement, transportation and sale of vegetable oil seeds and coconut cocoa rice bran, and preparation of oils and processing of oils and fats; purchasing, distribution, manufacturing, processing, wholesale and retail of vegetable oils and by-products, including grains and miscellaneous grains, fertilizer, feed, wheat bran, soy cake, soy flour, and pulp. Its segments include Grain Segment, Meat segment, Food segment, Dining and shopping mall service business group, Southeast Asia Segment, and East Asia Segment. The majority of revenue is derived from grain segment which manufactures and sells feed, flour, fermented soybean meal, pork and layers by vertically integrated production and sales.
81GF Score

Get the complete analysis for TPE:1210

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

NT$51.70
Price
NT$53.75
GF Value