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Tairoun Products CoTPE:1220 -0.91%74 Piotroski F-Score is 2 as of Aug. 25, 2026, which is 67% below its 10-year median of 6.00. GuruFocus rates TPE:1220 with a GF Score™ of 74/100 and a GF Value™ of NT$14.05 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Tairoun Products Co ranks worse than 98.64% on this metric.
Warning Sign:
Piotroski F-Score of 2 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tairoun Products Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Tairoun Products Co's Piotroski F-Score or its related term are showing as below:
TPE:1220'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 9
Current: 2
During the past 13 years, the highest Piotroski F-Score of Tairoun Products Co was 9. The lowest was 1. And the median was 6.
Tairoun Products Co (TPE:1220) 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.
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.
Tairoun Products Co Piotroski F-Score Related Terms
Tairoun Products Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tairoun Products 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.
TPE:1220 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Tairoun Products 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.
Tairoun Products Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tairoun Products Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tairoun Products Co'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 42.522 + -8.99 + -29.267 + 7.896 = NT$12 Mil. Cash Flow from Operations was -103.214 + -101.383 + 132.459 + -122.31 = NT$-194 Mil. Revenue was 845.571 + 922.891 + 695.415 + 811.17 = NT$3,275 Mil. Gross Profit was 136.228 + 75.296 + 54.164 + 77.491 = NT$343 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(3285.126 + 3490.429 + 3531.071 + 3455.006 + 3480.202) / 5 = NT$3448.3668 Mil. Total Assets at the begining of this year (Jun25) was NT$3,285 Mil. Long-Term Debt & Capital Lease Obligation was NT$6 Mil. Total Current Assets was NT$2,148 Mil. Total Current Liabilities was NT$824 Mil.
Net Income was 59.838 + 20.827 + -18.478 + -1.525 = NT$61 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.
Tairoun Products Co's current Net Income (TTM) was 12.
==> 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.
Tairoun Products Co's return on assets of this year was 0.00370184. Tairoun Products Co's return on assets of last year was 0.0188232.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tairoun Products Co's gearing of this year was 0.00182289. Tairoun Products Co's gearing of last year was 0.00144576.
==> 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
Tairoun Products Co's current ratio of this year was 2.60713423. Tairoun Products Co's current ratio of last year was 3.21639971.
==> 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.
Tairoun Products Co's number of shares in issue this year was 157.92. Tairoun Products Co's number of shares in issue last year was 176.399.
==> 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.
Tairoun Products Co's gross margin of this year was 0.10478598. Tairoun Products Co's gross margin of last year was 0.11109745.
==> 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
Tairoun Products Co's asset turnover of this year was 0.99693193. Tairoun Products Co's asset turnover of last year was 1.07506908.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tairoun Products Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Tairoun Products Co (TPE:1220) has a Piotroski F-Score of 2 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tairoun Products Co and its competitors. This is 67% below median its historical median of 6.00. Over the past decade, Tairoun Products Co's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Tairoun Products Co ranks #1890 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 98.6%.
Is Tairoun Products Co's Piotroski F-Score too high?
Tairoun Products Co's current Piotroski F-Score of 2 is 67% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Tairoun Products Co's value of 2 is 60% below this industry median. Based on the distribution chart, Tairoun Products Co ranks #1890 out of 1916 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Tairoun Products Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tairoun Products Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tairoun Products Co ranks #1890 out of 1916 companies for Piotroski F-Score. This places Tairoun Products Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Tairoun Products Co's value of 2 is 60% below this benchmark. Historically, Tairoun Products Co's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Tairoun Products Co 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 1,916 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. Tairoun Products Co's current Piotroski F-Score of 2 is 60% 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 Tairoun Products 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. Tairoun Products Co's current Piotroski F-Score is 2, which is 67% 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 Tairoun Products Co stock overvalued right now?
Based on GuruFocus' analysis, Tairoun Products Co (TPE:1220) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.05, compared to a current price of NT$10.85 — trading 22.8% below its estimated fair value. The current Piotroski F-Score is 2, which is 67% below median its 10-year median of 6.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Tairoun Products Co's overall GF Score™ is 74/100 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 Tairoun Products Co (TPE:1220), the current Piotroski F-Score is 2 as of Aug. 25, 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 Tairoun Products Co (TPE:1220) Overvalued in 2026?
Based on GuruFocus' analysis, Tairoun Products Co stock appears to be undervalued.
The current stock price of NT$10.85 is trading 22.8% below its estimated GF Value™ of NT$14.05.
GuruFocus considers Tairoun Products Co to be Modestly Undervalued.
Key valuation signals for TPE:1220:
Piotroski F-Score: 2 (67% below median its 10-year median of 6.00)
GF Value™: NT$14.05 vs. price of NT$10.85 (22.8% below fair value)
Industry Position: 60% below the Consumer Packaged Goods median (#1890 of 1916)
No single metric tells the full story. See the TPE:1220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tairoun Products Co Ltd operates in the packaged foods industry. The company is engaged in the production and trading of high-quality feed, fructose, and starch. The company's operating segments are Feed Business, Fructose Business, Starch Business, Seafood Trading, and Others. The majority of its revenue is generated from the Feed Business Department.
74GF Score
Get the complete analysis for TPE:1220
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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