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AGV ProductsTPE:1217 -0.30%64 Piotroski F-Score is 4 as of Aug. 31, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates TPE:1217 with a GF Score™ of 64/100 and a GF Value™ of NT$11.63 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, AGV Products ranks worse than 68.02% 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
AGV Products 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 AGV Products's Piotroski F-Score or its related term are showing as below:
TPE:1217'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of AGV Products was 8. The lowest was 3. And the median was 6.
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.
AGV Products Piotroski F-Score Related Terms
AGV Products Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for AGV Products'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.
TPE:1217 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, AGV Products'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.
AGV Products Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, AGV Products's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where AGV Products'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 178.119 + 54.211 + -62.857 + 154.622 = NT$324 Mil. Cash Flow from Operations was 139.023 + 335.037 + -73.778 + 175.908 = NT$576 Mil. Revenue was 1604.525 + 1003.136 + 1166.163 + 1187.376 = NT$4,961 Mil. Gross Profit was 440.933 + 278.128 + 307.298 + 311.879 = NT$1,338 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(14444.736 + 15635.381 + 15594.825 + 15268.066 + 15700.133) / 5 = NT$15328.6282 Mil. Total Assets at the begining of this year (Jun25) was NT$14,445 Mil. Long-Term Debt & Capital Lease Obligation was NT$3,894 Mil. Total Current Assets was NT$2,873 Mil. Total Current Liabilities was NT$3,173 Mil.
Net Income was 112.627 + -22.083 + -92.307 + 68.649 = NT$67 Mil.
Revenue was 1700.842 + 1053.151 + 1184.58 + 1243.159 = NT$5,182 Mil. Gross Profit was 481.366 + 295.963 + 316.625 + 356.58 = NT$1,451 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(14974.042 + 15254.861 + 14867.996 + 14288.534 + 14444.736) / 5 = NT$14766.0338 Mil. Total Assets at the begining of last year (Jun24) was NT$14,974 Mil. Long-Term Debt & Capital Lease Obligation was NT$3,536 Mil. Total Current Assets was NT$2,888 Mil. Total Current Liabilities was NT$3,033 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.
AGV Products's current Net Income (TTM) was 324.
==> 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.
AGV Products's return on assets of this year was 0.02243689. AGV Products's return on assets of last year was 0.0044668.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
AGV Products's gearing of this year was 0.25401614. AGV Products's gearing of last year was 0.23946092.
==> 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
AGV Products's current ratio of this year was 0.90548272. AGV Products's current ratio of last year was 0.95207387.
==> 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.
AGV Products's number of shares in issue this year was 498.781. AGV Products's number of shares in issue last year was 494.513.
==> 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.
AGV Products's gross margin of this year was 0.26974079. AGV Products's gross margin of last year was 0.27993227.
==> 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
AGV Products's asset turnover of this year was 0.34346076. AGV Products's asset turnover of last year was 0.34604765.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
AGV Products has an F-score of 4 indicating the company's financial situation is typical for a stable company.
AGV Products (TPE:1217) has a Piotroski F-Score of 4 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AGV Products and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, AGV Products' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, AGV Products ranks #1308 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 68%.
Is AGV Products' Piotroski F-Score too high?
AGV Products' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. AGV Products' value of 4 is 20% below this industry median. Based on the distribution chart, AGV Products ranks #1308 out of 1923 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, AGV Products has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AGV Products' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AGV Products ranks #1308 out of 1923 companies for Piotroski F-Score. This places AGV Products in the lower half of its industry. The industry median Piotroski F-Score is 5.00. AGV Products' value of 4 is 20% below this benchmark. Historically, AGV Products' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, AGV Products 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,923 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. AGV Products'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 AGV Products 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. AGV Products's current Piotroski F-Score is 4, which is 33% 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 AGV Products stock overvalued right now?
Based on GuruFocus' analysis, AGV Products (TPE:1217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.63, compared to a current price of NT$9.97 — trading 14.3% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. AGV Products' overall GF Score™ is 64/100 with 11 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 AGV Products (TPE:1217), the current Piotroski F-Score is 4 as of Aug. 31, 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 AGV Products (TPE:1217) Overvalued in 2026?
Based on GuruFocus' analysis, AGV Products stock appears to be undervalued.
The current stock price of NT$9.97 is trading 14.3% below its estimated GF Value™ of NT$11.63.
GuruFocus considers AGV Products to be Modestly Undervalued.
Key valuation signals for TPE:1217:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: NT$11.63 vs. price of NT$9.97 (14.3% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1308 of 1923)
No single metric tells the full story. See the TPE:1217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AGV Products Corp mainly engages in the manufacturing, processing, and sales of canned foods such as drinks, beans, mushrooms, bamboo shoots, and pickles, as well as the rental and sale of public housing and commercial buildings built by construction contractors. Its products include beverages, instant powder, fruit juice, dairy products, refrigerated series, desserts, traditional food, conditioning, oil products, and health products. Its segments are Room Temperature, Low Temperature, International Trade, Health, and Other Operating Segments, with the Room Temperature segment generating the maximum revenue. The Company generates maximum revenue from Taiwan.
64GF Score
Get the complete analysis for TPE:1217
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