Uni-President Enterprises (TPE:1216) Piotroski F-Score: 5 (As of Aug. 17, 2026) — 17% Below Median

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TPE:1216 Uni-President Enterprises Corp TPE:1216
90 GF Score
Price NT$75.80
GF Value NT$88.30
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Uni-President Enterprises Piotroski F-Score?

Uni-President Enterprises TPE:1216 -0.66% 90 Piotroski F-Score is 5 as of Aug. 17, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TPE:1216 with a GF Score™ of 90/100 and a GF Value™ of NT$88.30 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Uni-President Enterprises ranks better than 51.1% 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

Uni-President Enterprises has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TPE:1216' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Uni-President Enterprises was 9. The lowest was 4. And the median was 6.

Uni-President Enterprises  (TPE:1216) 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.


Uni-President Enterprises Piotroski F-Score Related Terms


Uni-President Enterprises Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Uni-President Enterprises'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.

Uni-President Enterprises Piotroski F-Score Chart

Uni-President Enterprises 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 6.00 5.00 6.00 6.00

Uni-President Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.00 5.00 6.00 5.00

TPE:1216 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Uni-President Enterprises'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.


Uni-President Enterprises Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Uni-President Enterprises's Piotroski F-Score falls into.


TPE:1216
90GF Score
Uni-President Enterprises Corp TPE:1216
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 5512.799 + 5994.892 + 2962.997 + 6544.541 = NT$21,015 Mil.
Cash Flow from Operations was 22303.322 + 29596.802 + 16979.555 + 12205.671 = NT$81,085 Mil.
Revenue was 169572.497 + 176326.132 + 157699.923 + 175017.371 = NT$678,616 Mil.
Gross Profit was 57320.563 + 59082.08 + 50041.589 + 59125.238 = NT$225,569 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(721685.39 + 707078.722 + 717115.177 + 737441.27 + 749062.049) / 5 = NT$726476.5216 Mil.
Total Assets at the begining of this year (Mar25) was NT$721,685 Mil.
Long-Term Debt & Capital Lease Obligation was NT$206,050 Mil.
Total Current Assets was NT$241,808 Mil.
Total Current Liabilities was NT$273,724 Mil.
Net Income was 5909.138 + 6088.935 + 3141.312 + 5156.906 = NT$20,296 Mil.

Revenue was 162120.139 + 178921.762 + 157838.554 + 169265.026 = NT$668,145 Mil.
Gross Profit was 54482.751 + 59035.049 + 49894.166 + 56136.003 = NT$219,548 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(674819.759 + 688654.808 + 704918.64 + 709951.146 + 721685.39) / 5 = NT$700005.9486 Mil.
Total Assets at the begining of last year (Mar24) was NT$674,820 Mil.
Long-Term Debt & Capital Lease Obligation was NT$208,362 Mil.
Total Current Assets was NT$237,991 Mil.
Total Current Liabilities was NT$248,204 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.

Uni-President Enterprises's current Net Income (TTM) was 21,015. ==> 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.

Uni-President Enterprises's current Cash Flow from Operations (TTM) was 81,085. ==> 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 (Mar25)
=21015.229/721685.39
=0.02911965

ROA (Last Year)=Net Income/Total Assets (Mar24)
=20296.291/674819.759
=0.03007661

Uni-President Enterprises's return on assets of this year was 0.02911965. Uni-President Enterprises's return on assets of last year was 0.03007661. ==> 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.

Uni-President Enterprises's current Net Income (TTM) was 21,015. Uni-President Enterprises's current Cash Flow from Operations (TTM) was 81,085. ==> 81,085 > 21,015 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=206049.937/726476.5216
=0.28362918

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=208362.1/700005.9486
=0.29765761

Uni-President Enterprises's gearing of this year was 0.28362918. Uni-President Enterprises's gearing of last year was 0.29765761. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=241807.588/273723.981
=0.88339935

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=237990.602/248203.826
=0.95885146

Uni-President Enterprises's current ratio of this year was 0.88339935. Uni-President Enterprises's current ratio of last year was 0.95885146. ==> 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.

Uni-President Enterprises's number of shares in issue this year was 5706.923. Uni-President Enterprises's number of shares in issue last year was 5703.245. ==> 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
=225569.47/678615.923
=0.33239637

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=219547.969/668145.481
=0.32859306

Uni-President Enterprises's gross margin of this year was 0.33239637. Uni-President Enterprises's gross margin of last year was 0.32859306. ==> 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 (Mar25)
=678615.923/721685.39
=0.94032099

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=668145.481/674819.759
=0.99010954

Uni-President Enterprises's asset turnover of this year was 0.94032099. Uni-President Enterprises's asset turnover of last year was 0.99010954. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+0+0+1+0
=5

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

Uni-President Enterprises has an F-score of 5 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 5 mean?
Uni-President Enterprises (TPE:1216) has a Piotroski F-Score of 5 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Uni-President Enterprises and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Uni-President Enterprises' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Uni-President Enterprises ranks #934 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 48.9%.
Is Uni-President Enterprises' Piotroski F-Score too high?
Uni-President Enterprises' current Piotroski F-Score of 5 is 17% below 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Uni-President Enterprises' value of 5 is 0% at this industry median. Based on the distribution chart, Uni-President Enterprises ranks #934 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Uni-President Enterprises has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uni-President Enterprises' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Uni-President Enterprises ranks #934 out of 1910 companies for Piotroski F-Score. This puts Uni-President Enterprises in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Uni-President Enterprises' value of 5 is 0% at this benchmark. Historically, Uni-President Enterprises' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Uni-President Enterprises has consistently been at 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 1,910 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. Uni-President Enterprises's current Piotroski F-Score of 5 is 0% at 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 Uni-President Enterprises 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. Uni-President Enterprises's current Piotroski F-Score is 5, which is 17% 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 Uni-President Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Uni-President Enterprises (TPE:1216) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$88.30, compared to a current price of NT$75.80 — trading 14.2% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Uni-President Enterprises' overall GF Score™ is 90/100 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 Uni-President Enterprises (TPE:1216), the current Piotroski F-Score is 5 as of Aug. 17, 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 Uni-President Enterprises (TPE:1216) Overvalued in 2026?

Based on GuruFocus' analysis, Uni-President Enterprises stock appears to be undervalued. The current stock price of NT$75.80 is trading 14.2% below its estimated GF Value™ of NT$88.30. GuruFocus considers Uni-President Enterprises to be Modestly Undervalued.

Key valuation signals for TPE:1216:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: NT$88.30 vs. price of NT$75.80 (14.2% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#934 of 1910)

No single metric tells the full story. See the TPE:1216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Uni-President Enterprises Business Description

Address No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401
Uni-President Enterprises Corp is food conglomerates in Asia. It produces and sells a comprehensive range of food products through its company and affiliates. Core business includes food manufacturing and investments in other related business. The company operates in three segments- Dairy Department, Beverage Department and Food Department. Product categories include feeds, flour, edible oils, soy sauce, meat products, instant noodles, bread, beverages, dairy products, frozen food, and health food. Through its network of 200 affiliates, its convenient stores, retail, logistics, finance, and recreation operations are located all across Taiwan, mainland China, and Southeast Asia.
90GF Score

Get the complete analysis for TPE:1216

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

NT$75.80
Price
NT$88.30
GF Value