Taisun Enterprise Co (TPE:1218) Piotroski F-Score: 5 (As of Jun. 28, 2026) — Near Median


TPE:1218 Taisun Enterprise Co Ltd TPE:1218
83 GF Score
Price NT$17.75
GF Value NT$20.10
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Taisun Enterprise Co Piotroski F-Score?

Taisun Enterprise Co TPE:1218 -1.11% 83 Piotroski F-Score is 5 as of Jun. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates TPE:1218 with a GF Score™ of 83/100 and a GF Value™ of NT$20.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Taisun Enterprise Co ranks better than 51.88% 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

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

TPE:1218' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Taisun Enterprise Co was 8. The lowest was 2. And the median was 5.

Taisun Enterprise Co  (TPE:1218) 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.


Taisun Enterprise Co Piotroski F-Score Related Terms


Taisun Enterprise Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Taisun Enterprise 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.

Taisun Enterprise Co Piotroski F-Score Chart

Taisun Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 2.00 4.00 3.00 7.00

Taisun Enterprise Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.00 7.00 4.00 5.00 5.00

TPE:1218 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Taisun Enterprise 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.


Taisun Enterprise Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TPE:1218
83GF Score
Taisun Enterprise Co Ltd TPE:1218
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 115.989 + 181.783 + 139.809 + 198.196 = NT$636 Mil.
Cash Flow from Operations was 291.235 + -3.329 + -66.191 + -44.768 = NT$177 Mil.
Revenue was 2402.394 + 2498.731 + 2430.767 + 2802.803 = NT$10,135 Mil.
Gross Profit was 401.394 + 418.896 + 440.029 + 527.1 = NT$1,787 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(14691.345 + 14644.411 + 14699.377 + 15003.911 + 14516.924) / 5 = NT$14711.1936 Mil.
Total Assets at the begining of this year (Sep24) was NT$14,691 Mil.
Long-Term Debt & Capital Lease Obligation was NT$147 Mil.
Total Current Assets was NT$4,936 Mil.
Total Current Liabilities was NT$1,444 Mil.
Net Income was 196.712 + 155.451 + 202.951 + 268.02 = NT$823 Mil.

Revenue was 2654.693 + 2755.715 + 2556.095 + 2968.241 = NT$10,935 Mil.
Gross Profit was 415.849 + 395.134 + 491.751 + 602.069 = NT$1,905 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(14022.428 + 13679.164 + 13895.443 + 14065.909 + 14691.345) / 5 = NT$14070.8578 Mil.
Total Assets at the begining of last year (Sep23) was NT$14,022 Mil.
Long-Term Debt & Capital Lease Obligation was NT$207 Mil.
Total Current Assets was NT$6,284 Mil.
Total Current Liabilities was NT$1,539 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.

Taisun Enterprise Co's current Net Income (TTM) was 636. ==> 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.

Taisun Enterprise Co's current Cash Flow from Operations (TTM) was 177. ==> 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 (Sep24)
=635.777/14691.345
=0.04327562

ROA (Last Year)=Net Income/Total Assets (Sep23)
=823.134/14022.428
=0.05870125

Taisun Enterprise Co's return on assets of this year was 0.04327562. Taisun Enterprise Co's return on assets of last year was 0.05870125. ==> 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.

Taisun Enterprise Co's current Net Income (TTM) was 636. Taisun Enterprise Co's current Cash Flow from Operations (TTM) was 177. ==> 177 <= 636 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=147.007/14711.1936
=0.00999287

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=207.337/14070.8578
=0.01473521

Taisun Enterprise Co's gearing of this year was 0.00999287. Taisun Enterprise Co's gearing of last year was 0.01473521. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=4936.034/1444.165
=3.41791554

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=6284.323/1538.514
=4.08467066

Taisun Enterprise Co's current ratio of this year was 3.41791554. Taisun Enterprise Co's current ratio of last year was 4.08467066. ==> 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.

Taisun Enterprise Co's number of shares in issue this year was 483.405. Taisun Enterprise Co's number of shares in issue last year was 487.309. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=1787.419/10134.695
=0.17636633

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1904.803/10934.744
=0.17419731

Taisun Enterprise Co's gross margin of this year was 0.17636633. Taisun Enterprise Co's gross margin of last year was 0.17419731. ==> 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)
=10134.695/14691.345
=0.6898412

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=10934.744/14022.428
=0.7798039

Taisun Enterprise Co's asset turnover of this year was 0.6898412. Taisun Enterprise Co's asset turnover of last year was 0.7798039. ==> 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+0+1+0+1+1+0
=5

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

Taisun Enterprise Co 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?
Taisun Enterprise Co (TPE:1218) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Taisun Enterprise Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Taisun Enterprise Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Taisun Enterprise Co ranks #919 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is Taisun Enterprise Co's Piotroski F-Score too high?
Taisun Enterprise Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Taisun Enterprise Co's value of 5 is 0% at this industry median. Based on the distribution chart, Taisun Enterprise Co ranks #919 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Taisun Enterprise Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taisun Enterprise Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Taisun Enterprise Co ranks #919 out of 1910 companies for Piotroski F-Score. This puts Taisun Enterprise Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Taisun Enterprise Co's value of 5 is 0% at this benchmark. Historically, Taisun Enterprise Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Taisun Enterprise Co 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. Taisun Enterprise Co'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 Taisun Enterprise Co 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. Taisun Enterprise Co's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taisun Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taisun Enterprise Co (TPE:1218) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.10, compared to a current price of NT$17.75 — trading 11.7% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Taisun Enterprise Co's overall GF Score™ is 83/100 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 Taisun Enterprise Co (TPE:1218), the current Piotroski F-Score is 5 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 Taisun Enterprise Co (TPE:1218) Overvalued in 2026?

Based on GuruFocus' analysis, Taisun Enterprise Co stock appears to be undervalued. The current stock price of NT$17.75 is trading 11.7% below its estimated GF Value™ of NT$20.10. GuruFocus considers Taisun Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:1218:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: NT$20.10 vs. price of NT$17.75 (11.7% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#919 of 1910)

No single metric tells the full story. See the TPE:1218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taisun Enterprise Co Business Description

Address No. 6, Xinggong Road, Tianzhong Township, Changhua County, Changhua, TWN, 520
Taisun Enterprise Co Ltd is engaged in the production and refining of cooking oil, salad oil, vegetable oil, and beverages. The company's operating segments include Consumption, Commodity, Foreign, and Others. It generates maximum revenue from the Consumption segment. Its products include olive oil, grape seed oil, sunflower oil, salad oil, soybean oil, animal feeds, soft drinks, frozen foods, and others.
83GF Score

Get the complete analysis for TPE:1218

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

NT$17.75
Price
NT$20.10
GF Value