Ta Yih Industrial Co (TPE:1521) Piotroski F-Score: 6 (As of Jul. 01, 2026) — Near Median


TPE:1521 Ta Yih Industrial Co Ltd TPE:1521
73 GF Score
Price NT$25.60
GF Value NT$27.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Ta Yih Industrial Co Piotroski F-Score?

Ta Yih Industrial Co TPE:1521 -1.35% 73 Piotroski F-Score is 6 as of Jul. 01, 2026, which is at its 10-year median of 6.00. GuruFocus rates TPE:1521 with a GF Score™ of 73/100 and a GF Value™ of NT$27.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,287 Vehicles & Parts companies, Ta Yih Industrial Co ranks better than 73.35% 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

Ta Yih Industrial Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Ta Yih Industrial Co's Piotroski F-Score or its related term are showing as below:

TPE:1521' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Ta Yih Industrial Co was 9. The lowest was 5. And the median was 6.

Ta Yih Industrial Co  (TPE:1521) 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.


Ta Yih Industrial Co Piotroski F-Score Related Terms


Ta Yih Industrial Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ta Yih Industrial 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.

Ta Yih Industrial Co Piotroski F-Score Chart

Ta Yih Industrial Co 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 7.00 6.00 6.00 7.00 6.00

Ta Yih Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 7.00 6.00 7.00 7.00 6.00

TPE:1521 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Ta Yih Industrial 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.


Ta Yih Industrial Co Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ta Yih Industrial Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ta Yih Industrial Co's Piotroski F-Score falls into.


TPE:1521
73GF Score
Ta Yih Industrial Co Ltd TPE:1521
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 45.992 + -28.712 + 8.769 + 40.36 = NT$66 Mil.
Cash Flow from Operations was 24.311 + 14.449 + 30.166 + 8.333 = NT$77 Mil.
Revenue was 888.287 + 862.603 + 903.346 + 975.723 = NT$3,630 Mil.
Gross Profit was 163.873 + 132.631 + 128.073 + 166.269 = NT$591 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(2824.234 + 2874.037 + 2898.585 + 2930.546 + 2992.395) / 5 = NT$2903.9594 Mil.
Total Assets at the begining of this year (Dec24) was NT$2,824 Mil.
Long-Term Debt & Capital Lease Obligation was NT$8 Mil.
Total Current Assets was NT$2,027 Mil.
Total Current Liabilities was NT$1,024 Mil.
Net Income was 31.894 + 34.939 + -0.906 + 21.501 = NT$87 Mil.

Revenue was 1063.991 + 1001.035 + 802.631 + 828.563 = NT$3,696 Mil.
Gross Profit was 159.704 + 142.17 + 120.383 + 90.641 = NT$513 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(3356.798 + 3226.62 + 3026.778 + 2864.7 + 2824.234) / 5 = NT$3059.826 Mil.
Total Assets at the begining of last year (Dec23) was NT$3,357 Mil.
Long-Term Debt & Capital Lease Obligation was NT$17 Mil.
Total Current Assets was NT$1,812 Mil.
Total Current Liabilities was NT$833 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.

Ta Yih Industrial Co's current Net Income (TTM) was 66. ==> 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.

Ta Yih Industrial Co's current Cash Flow from Operations (TTM) was 77. ==> 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 (Dec24)
=66.409/2824.234
=0.02351399

ROA (Last Year)=Net Income/Total Assets (Dec23)
=87.428/3356.798
=0.02604506

Ta Yih Industrial Co's return on assets of this year was 0.02351399. Ta Yih Industrial Co's return on assets of last year was 0.02604506. ==> 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.

Ta Yih Industrial Co's current Net Income (TTM) was 66. Ta Yih Industrial Co's current Cash Flow from Operations (TTM) was 77. ==> 77 > 66 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=7.985/2903.9594
=0.00274969

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=16.854/3059.826
=0.00550816

Ta Yih Industrial Co's gearing of this year was 0.00274969. Ta Yih Industrial Co's gearing of last year was 0.00550816. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=2026.961/1023.685
=1.9800632

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1811.739/832.709
=2.17571685

Ta Yih Industrial Co's current ratio of this year was 1.9800632. Ta Yih Industrial Co's current ratio of last year was 2.17571685. ==> 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.

Ta Yih Industrial Co's number of shares in issue this year was 76.338. Ta Yih Industrial Co's number of shares in issue last year was 76.242. ==> 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
=590.846/3629.959
=0.16276933

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=512.898/3696.22
=0.13876284

Ta Yih Industrial Co's gross margin of this year was 0.16276933. Ta Yih Industrial Co's gross margin of last year was 0.13876284. ==> 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 (Dec24)
=3629.959/2824.234
=1.28528975

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3696.22/3356.798
=1.10111481

Ta Yih Industrial Co's asset turnover of this year was 1.28528975. Ta Yih Industrial Co's asset turnover of last year was 1.10111481. ==> 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+0+1+1+0+0+1+1
=6

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

Ta Yih Industrial Co has an F-score of 6 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 6 mean?
Ta Yih Industrial Co (TPE:1521) has a Piotroski F-Score of 6 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ta Yih Industrial Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Ta Yih Industrial Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Ta Yih Industrial Co ranks #343 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 26.7%.
Is Ta Yih Industrial Co's Piotroski F-Score too high?
Ta Yih Industrial Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Ta Yih Industrial Co's value of 6 is 20% above this industry median. Based on the distribution chart, Ta Yih Industrial Co ranks #343 out of 1287 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ta Yih Industrial Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Yih Industrial Co's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ta Yih Industrial Co ranks #343 out of 1287 companies for Piotroski F-Score. This puts Ta Yih Industrial Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ta Yih Industrial Co's value of 6 is 20% above this benchmark. Historically, Ta Yih Industrial Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ta Yih Industrial Co 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. Ta Yih Industrial Co's current Piotroski F-Score of 6 is 20% 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 Ta Yih Industrial Co and its competitors. For the Vehicles & Parts 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. Ta Yih Industrial Co's current Piotroski F-Score is 6, which is near 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 Ta Yih Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Yih Industrial Co (TPE:1521) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.74, compared to a current price of NT$25.60 — trading 7.7% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Vehicles & Parts industry median of 5.00. Ta Yih Industrial Co's overall GF Score™ is 73/100 with 4 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 Ta Yih Industrial Co (TPE:1521), the current Piotroski F-Score is 6 as of Jul. 01, 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 Ta Yih Industrial Co (TPE:1521) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Yih Industrial Co stock appears to be undervalued. The current stock price of NT$25.60 is trading 7.7% below its estimated GF Value™ of NT$27.74. GuruFocus considers Ta Yih Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1521:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: NT$27.74 vs. price of NT$25.60 (7.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#343 of 1287)

No single metric tells the full story. See the TPE:1521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Yih Industrial Co Business Description

Address No. 11, Shin-Sin Road, An-Ping Industrial District, Zhangnan Village, Tainan, TWN, 70268
Ta Yih Industrial Co Ltd mainly sells, manufactures, and processes automobile parts, motorcycle parts, railway vehicle parts, transportation machinery, industrial plastic parts, as well as invest in related industries. Geographically, it operates in Taiwan; United States; Japan; China and Other Countries, of which Taiwan generates maximum revenue.
73GF Score

Get the complete analysis for TPE:1521

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

NT$25.60
Price
NT$27.74
GF Value