Chieftek Precision Co (TPE:1597) Piotroski F-Score: 7 (As of Jul. 07, 2026) — Near Median


TPE:1597 Chieftek Precision Co Ltd TPE:1597
56 GF Score
Price NT$151.50
GF Value NT$92.74
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Chieftek Precision Co Piotroski F-Score?

Chieftek Precision Co TPE:1597 -2.88% 56 Piotroski F-Score is 7 as of Jul. 07, 2026, which is at its 10-year median of 7.00. GuruFocus rates TPE:1597 with a GF Score™ of 56/100 and a GF Value™ of NT$92.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,977 Industrial Products companies, Chieftek Precision Co ranks better than 90.8% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Chieftek Precision Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TPE:1597' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Chieftek Precision Co was 8. The lowest was 3. And the median was 7.

Chieftek Precision Co  (TPE:1597) 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.


Chieftek Precision Co Piotroski F-Score Related Terms


Chieftek Precision Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Chieftek Precision 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.

Chieftek Precision Co Piotroski F-Score Chart

Chieftek Precision 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 7.00 4.00 5.00 7.00

Chieftek Precision 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 5.00 6.00 7.00 7.00 7.00

TPE:1597 vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Chieftek Precision 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.


Chieftek Precision Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chieftek Precision Co's Piotroski F-Score distribution charts can be found below:

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


TPE:1597
56GF Score
Chieftek Precision Co Ltd TPE:1597
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 13.628 + 1.119 + 29.311 + 35.363 = NT$79 Mil.
Cash Flow from Operations was 2.689 + 50.903 + 48.484 + 21.67 = NT$124 Mil.
Revenue was 253.359 + 271.626 + 279.738 + 333.593 = NT$1,138 Mil.
Gross Profit was 112.561 + 114.308 + 110.138 + 129.544 = NT$467 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(4159.927 + 4119.667 + 4031.207 + 4210.225 + 4093.274) / 5 = NT$4122.86 Mil.
Total Assets at the begining of this year (Dec24) was NT$4,160 Mil.
Long-Term Debt & Capital Lease Obligation was NT$895 Mil.
Total Current Assets was NT$1,861 Mil.
Total Current Liabilities was NT$749 Mil.
Net Income was 35.803 + 19.107 + 13.453 + 25.45 = NT$94 Mil.

Revenue was 254.039 + 249.958 + 280.376 + 252.208 = NT$1,037 Mil.
Gross Profit was 100.857 + 101.808 + 115.545 + 105.949 = NT$424 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(3954.984 + 4000.655 + 4018.617 + 4241.47 + 4159.927) / 5 = NT$4075.1306 Mil.
Total Assets at the begining of last year (Dec23) was NT$3,955 Mil.
Long-Term Debt & Capital Lease Obligation was NT$1,053 Mil.
Total Current Assets was NT$1,917 Mil.
Total Current Liabilities was NT$678 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.

Chieftek Precision Co's current Net Income (TTM) was 79. ==> 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.

Chieftek Precision Co's current Cash Flow from Operations (TTM) was 124. ==> 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)
=79.421/4159.927
=0.01909192

ROA (Last Year)=Net Income/Total Assets (Dec23)
=93.813/3954.984
=0.0237202

Chieftek Precision Co's return on assets of this year was 0.01909192. Chieftek Precision Co's return on assets of last year was 0.0237202. ==> 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.

Chieftek Precision Co's current Net Income (TTM) was 79. Chieftek Precision Co's current Cash Flow from Operations (TTM) was 124. ==> 124 > 79 ==> 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
=894.664/4122.86
=0.21700082

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1052.927/4075.1306
=0.25837871

Chieftek Precision Co's gearing of this year was 0.21700082. Chieftek Precision Co's gearing of last year was 0.25837871. ==> 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
=1860.766/749.056
=2.48414805

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1916.919/678.183
=2.82655124

Chieftek Precision Co's current ratio of this year was 2.48414805. Chieftek Precision Co's current ratio of last year was 2.82655124. ==> 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.

Chieftek Precision Co's number of shares in issue this year was 85.196. Chieftek Precision Co's number of shares in issue last year was 86.509. ==> 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
=466.551/1138.316
=0.40986071

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=424.159/1036.581
=0.40919041

Chieftek Precision Co's gross margin of this year was 0.40986071. Chieftek Precision Co's gross margin of last year was 0.40919041. ==> 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)
=1138.316/4159.927
=0.27363846

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1036.581/3954.984
=0.26209487

Chieftek Precision Co's asset turnover of this year was 0.27363846. Chieftek Precision Co's asset turnover of last year was 0.26209487. ==> 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+1+1+1
=7

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

Chieftek Precision Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Chieftek Precision Co (TPE:1597) has a Piotroski F-Score of 7 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Chieftek Precision Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Chieftek Precision Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Chieftek Precision Co ranks #274 out of 2977 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Chieftek Precision Co's Piotroski F-Score too high?
Chieftek Precision Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Chieftek Precision Co's value of 7 is 40% above this industry median. Based on the distribution chart, Chieftek Precision Co ranks #274 out of 2977 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chieftek Precision Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chieftek Precision Co's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Chieftek Precision Co ranks #274 out of 2977 companies for Piotroski F-Score. This places Chieftek Precision Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Chieftek Precision Co's value of 7 is 40% above this benchmark. Historically, Chieftek Precision Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Chieftek Precision 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,977 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. Chieftek Precision Co's current Piotroski F-Score of 7 is 40% 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 Chieftek Precision Co and its competitors. For the Industrial Products 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. Chieftek Precision Co's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chieftek Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Chieftek Precision Co (TPE:1597) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$92.74, compared to a current price of NT$151.50 — trading 63.4% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Industrial Products industry median of 5.00. Chieftek Precision Co's overall GF Score™ is 56/100 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 Chieftek Precision Co (TPE:1597), the current Piotroski F-Score is 7 as of Jul. 07, 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 Chieftek Precision Co (TPE:1597) Overvalued in 2026?

Based on GuruFocus' analysis, Chieftek Precision Co stock appears to be overvalued. The current stock price of NT$151.50 is trading 63.4% above its estimated GF Value™ of NT$92.74. GuruFocus considers Chieftek Precision Co to be Significantly Overvalued.

Key valuation signals for TPE:1597:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: NT$92.74 vs. price of NT$151.50 (63.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 40% above the Industrial Products median (#274 of 2977)

No single metric tells the full story. See the TPE:1597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chieftek Precision Co Business Description

Address NO.3, Dali 1st Road, Southern Taiwan Science Park, Xinshi District, Tainan, TWN, 744093
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings. The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. The company is involved in the manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and others. Geographically the company operates in China, Germany, the USA, Taiwan, and other countries, out of which Germany derives the maximum revenue.
56GF Score

Get the complete analysis for TPE:1597

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

NT$151.50
Price
NT$92.74
GF Value