Pan Jit InternationalTPE:2481 -5.14%66 Piotroski F-Score is 9 as of Jun. 29, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates TPE:2481 with a GF Score™ of 66/100 and a GF Value™ of NT$69.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 989 Semiconductors companies, Pan Jit International ranks better than 99.9% on this metric.
Good Sign:
Piotroski F-Score is 9, 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
Pan Jit International has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Pan Jit International's Piotroski F-Score or its related term are showing as below:
TPE:2481'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 9
Current: 9
During the past 13 years, the highest Piotroski F-Score of Pan Jit International was 9. The lowest was 5. And the median was 6.
Pan Jit International (TPE:2481) 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.
Pan Jit International Piotroski F-Score Related Terms
Pan Jit International Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Pan Jit International'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:2481 vs AMAT, LRCX, KLAC: Piotroski F-Score Comparison
For the Semiconductor Equipment & Materials subindustry, Pan Jit International'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.
Pan Jit International Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Pan Jit International's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Pan Jit International'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 (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was 276.646 + 251.794 + 303.317 + 359.874 = NT$1,192 Mil. Cash Flow from Operations was -183.179 + 1003.876 + -152.921 + 751.552 = NT$1,419 Mil. Revenue was 3071.706 + 3400.054 + 3269.7 + 3352.456 = NT$13,094 Mil. Gross Profit was 931.524 + 1042.384 + 1023.683 + 1095.369 = NT$4,093 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(28742.664 + 29621.316 + 27795.495 + 29103.091 + 29519.292) / 5 = NT$28956.3716 Mil. Total Assets at the begining of this year (Dec24) was NT$28,743 Mil. Long-Term Debt & Capital Lease Obligation was NT$5,505 Mil. Total Current Assets was NT$15,763 Mil. Total Current Liabilities was NT$7,519 Mil.
Net Income was 178.597 + 281.992 + 253.452 + 204.482 = NT$919 Mil.
Revenue was 2909.134 + 3280.543 + 3335.069 + 3011.466 = NT$12,536 Mil. Gross Profit was 776.203 + 909.146 + 974.061 + 937.665 = NT$3,597 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(28682.735 + 29006.397 + 29363.63 + 28671.001 + 28742.664) / 5 = NT$28893.2854 Mil. Total Assets at the begining of last year (Dec23) was NT$28,683 Mil. Long-Term Debt & Capital Lease Obligation was NT$5,643 Mil. Total Current Assets was NT$14,214 Mil. Total Current Liabilities was NT$7,206 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.
Pan Jit International's current Net Income (TTM) was 1,192.
==> 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.
Pan Jit International's current Cash Flow from Operations (TTM) was 1,419.
==> 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.
Pan Jit International's return on assets of this year was 0.04145861. Pan Jit International's return on assets of last year was 0.03202355.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Pan Jit International's gearing of this year was 0.19011415. Pan Jit International's gearing of last year was 0.19530098.
==> 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
Pan Jit International's current ratio of this year was 2.09637399. Pan Jit International's current ratio of last year was 1.97251557.
==> This year's current ratio is higher. ==> Score 1.
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.
Pan Jit International's number of shares in issue this year was 384.034. Pan Jit International's number of shares in issue last year was 385.08.
==> 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.
Pan Jit International's gross margin of this year was 0.31258487. Pan Jit International's gross margin of last year was 0.28693476.
==> 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
Pan Jit International's asset turnover of this year was 0.4555568. Pan Jit International's asset turnover of last year was 0.43706474.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Pan Jit International has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Pan Jit International (TPE:2481) has a Piotroski F-Score of 9 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pan Jit International and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Pan Jit International's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Pan Jit International ranks #1 out of 989 companies in the Semiconductors industry, placing it in the top 0.099999999999994%.
Is Pan Jit International's Piotroski F-Score too high?
Pan Jit International's current Piotroski F-Score of 9 is 50% above 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 Semiconductors industry median Piotroski F-Score is 5.00. Pan Jit International's value of 9 is 80% above this industry median. Based on the distribution chart, Pan Jit International ranks #1 out of 989 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Pan Jit International has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Jit International's Piotroski F-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Pan Jit International ranks #1 out of 989 companies for Piotroski F-Score. This places Pan Jit International in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Pan Jit International's value of 9 is 80% above this benchmark. Historically, Pan Jit International'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, Pan Jit International 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Pan Jit International's current Piotroski F-Score of 9 is 80% 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 Pan Jit International and its competitors. For the Semiconductors 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. Pan Jit International's current Piotroski F-Score is 9, which is 50% above 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 Pan Jit International stock overvalued right now?
Based on GuruFocus' analysis, Pan Jit International (TPE:2481) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$69.86, compared to a current price of NT$166.00 — trading 137.6% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Semiconductors industry median of 5.00. Pan Jit International's overall GF Score™ is 66/100 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 Pan Jit International (TPE:2481), the current Piotroski F-Score is 9 as of Jun. 29, 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 Pan Jit International (TPE:2481) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Jit International stock appears to be overvalued.
The current stock price of NT$166.00 is trading 137.6% above its estimated GF Value™ of NT$69.86.
GuruFocus considers Pan Jit International to be Significantly Overvalued.
Key valuation signals for TPE:2481:
Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
GF Value™: NT$69.86 vs. price of NT$166.00 (137.6% above fair value)
Industry Position: 80% above the Semiconductors median (#1 of 989)
No single metric tells the full story. See the TPE:2481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Jit International Inc is engaged in the manufacturing, processing, assembly, and import and export of semiconductors. The company also assembles, trades, and transfers technological advancements of machinery parts, and it also trades resins and paints for semiconductors. Its products include: Power Management ICs, Signal Chain ICs, MOSFETs, Motor Control ICs, and others. The company's operating segments include Power Discrete, Power IC and components, and Solar. The majority of its revenue is generated from the Power Discrete segment, which is engaged in manufacturing and selling wafers, power components, and control modules. Geographically, the company generates key revenue from China (including Hong Kong) and the rest from Taiwan, Korea, Germany, Italy, and other countries.
66GF Score
Get the complete analysis for TPE:2481
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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