SuperAlloy Industrial Co (TPE:1563) Piotroski F-Score: 4 (As of Aug. 22, 2026) — Near Median

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TPE:1563 SuperAlloy Industrial Co Ltd TPE:1563
59 GF Score
Price NT$63.50
GF Value NT$59.12
Valuation Fairly Valued
! 7 Warning Signs
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What is SuperAlloy Industrial Co Piotroski F-Score?

SuperAlloy Industrial Co TPE:1563 59 Piotroski F-Score is 4 as of Aug. 22, 2026, which is at its 10-year median of 4.00. GuruFocus rates TPE:1563 with a GF Score™ of 59/100 and a GF Value™ of NT$59.12 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,283 Vehicles & Parts companies, SuperAlloy Industrial Co ranks worse than 70.77% 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

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

TPE:1563' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of SuperAlloy Industrial Co was 8. The lowest was 1. And the median was 4.

SuperAlloy Industrial Co  (TPE:1563) 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.


SuperAlloy Industrial Co Piotroski F-Score Related Terms


SuperAlloy Industrial Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SuperAlloy 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.

SuperAlloy Industrial Co Piotroski F-Score Chart

SuperAlloy 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 2.00 5.00 7.00 7.00 4.00

SuperAlloy Industrial Co Quarterly Data
Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.00 4.00 4.00 4.00

TPE:1563 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, SuperAlloy 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.


SuperAlloy Industrial Co Piotroski F-Score vs Vehicles & Parts Industry

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

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


TPE:1563
59GF Score
SuperAlloy Industrial Co Ltd TPE:1563
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 42.807 + -13.756 + 130.706 + 71.197 = NT$231 Mil.
Cash Flow from Operations was 437.461 + 314.115 + 167.922 + 578.593 = NT$1,498 Mil.
Revenue was 1701.671 + 1642.609 + 1871.936 + 1979.792 = NT$7,196 Mil.
Gross Profit was 298.643 + 300.69 + 411.927 + 481.538 = NT$1,493 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(18211.298 + 18106.445 + 18222.616 + 19938.639 + 19750.027) / 5 = NT$18845.805 Mil.
Total Assets at the begining of this year (Jun25) was NT$18,211 Mil.
Long-Term Debt & Capital Lease Obligation was NT$5,698 Mil.
Total Current Assets was NT$10,756 Mil.
Total Current Liabilities was NT$5,646 Mil.
Net Income was 188.976 + 153.31 + 354.057 + -64.917 = NT$631 Mil.

Revenue was 1717.938 + 1927.946 + 1918.24 + 1714.832 = NT$7,279 Mil.
Gross Profit was 445.505 + 532.195 + 545.252 + 339.514 = NT$1,862 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(17388.157 + 17137.012 + 17519.544 + 17412.194 + 18211.298) / 5 = NT$17533.641 Mil.
Total Assets at the begining of last year (Jun24) was NT$17,388 Mil.
Long-Term Debt & Capital Lease Obligation was NT$4,115 Mil.
Total Current Assets was NT$10,230 Mil.
Total Current Liabilities was NT$5,248 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.

SuperAlloy Industrial Co's current Net Income (TTM) was 231. ==> 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.

SuperAlloy Industrial Co's current Cash Flow from Operations (TTM) was 1,498. ==> 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 (Jun25)
=230.954/18211.298
=0.01268191

ROA (Last Year)=Net Income/Total Assets (Jun24)
=631.426/17388.157
=0.03631357

SuperAlloy Industrial Co's return on assets of this year was 0.01268191. SuperAlloy Industrial Co's return on assets of last year was 0.03631357. ==> 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.

SuperAlloy Industrial Co's current Net Income (TTM) was 231. SuperAlloy Industrial Co's current Cash Flow from Operations (TTM) was 1,498. ==> 1,498 > 231 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=5698.071/18845.805
=0.30235222

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=4114.876/17533.641
=0.23468463

SuperAlloy Industrial Co's gearing of this year was 0.30235222. SuperAlloy Industrial Co's gearing of last year was 0.23468463. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=10756.32/5645.538
=1.90527812

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=10230.498/5247.834
=1.94947058

SuperAlloy Industrial Co's current ratio of this year was 1.90527812. SuperAlloy Industrial Co's current ratio of last year was 1.94947058. ==> 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.

SuperAlloy Industrial Co's number of shares in issue this year was 215.748. SuperAlloy Industrial Co's number of shares in issue last year was 223.852. ==> 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
=1492.798/7196.008
=0.20744807

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1862.466/7278.956
=0.25586994

SuperAlloy Industrial Co's gross margin of this year was 0.20744807. SuperAlloy Industrial Co's gross margin of last year was 0.25586994. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=7196.008/18211.298
=0.39513976

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=7278.956/17388.157
=0.41861573

SuperAlloy Industrial Co's asset turnover of this year was 0.39513976. SuperAlloy Industrial Co's asset turnover of last year was 0.41861573. ==> 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+0+0+1+0+0
=4

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

SuperAlloy Industrial Co has an F-score of 4 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 4 mean?
SuperAlloy Industrial Co (TPE:1563) has a Piotroski F-Score of 4 as of Aug. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SuperAlloy Industrial Co and its competitors. This is near median its historical median of 4.00. Over the past decade, SuperAlloy Industrial Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, SuperAlloy Industrial Co ranks #908 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 70.8%.
Is SuperAlloy Industrial Co's Piotroski F-Score too high?
SuperAlloy Industrial Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. SuperAlloy Industrial Co's value of 4 is 20% below this industry median. Based on the distribution chart, SuperAlloy Industrial Co ranks #908 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, SuperAlloy Industrial Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SuperAlloy Industrial Co's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SuperAlloy Industrial Co ranks #908 out of 1283 companies for Piotroski F-Score. This places SuperAlloy Industrial Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. SuperAlloy Industrial Co's value of 4 is 20% below this benchmark. Historically, SuperAlloy Industrial Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, SuperAlloy Industrial 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,283 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. SuperAlloy Industrial Co'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 SuperAlloy 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. SuperAlloy Industrial Co's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SuperAlloy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, SuperAlloy Industrial Co (TPE:1563) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.12, compared to a current price of NT$63.50 — trading 7.4% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Vehicles & Parts industry median of 5.00. SuperAlloy Industrial Co's overall GF Score™ is 59/100 with 7 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 SuperAlloy Industrial Co (TPE:1563), the current Piotroski F-Score is 4 as of Aug. 22, 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 SuperAlloy Industrial Co (TPE:1563) Overvalued in 2026?

Based on GuruFocus' analysis, SuperAlloy Industrial Co stock appears to be overvalued. The current stock price of NT$63.50 is trading 7.4% above its estimated GF Value™ of NT$59.12. GuruFocus considers SuperAlloy Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1563:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: NT$59.12 vs. price of NT$63.50 (7.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 20% below the Vehicles & Parts median (#908 of 1283)

No single metric tells the full story. See the TPE:1563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SuperAlloy Industrial Co Business Description

Address Yunke Road, No. 80, Section 3, Douliu, Yunlin, TWN, 640111
SuperAlloy Industrial Co Ltd is engaged in the manufacturing and retail business of lightweight metal products for Automotive industry. It manufactures aircraft parts, auto parts, aluminum and copper parts. Company operates in two reportable segments namely, Wheels and others. The Company is also involved in the import and export of raw materials. It also manufactures wheels of passenger cars, which include sedan, roadster, luxury car, sports car, SUV, hybrid and EV.
59GF Score

Get the complete analysis for TPE:1563

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

NT$63.50
Price
NT$59.12
GF Value