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Tripod TechnologyTPE:3044 +1.04%91 Piotroski F-Score is 7 as of Aug. 21, 2026, which is at its 10-year median of 7.00. GuruFocus rates TPE:3044 with a GF Score™ of 91/100 and a GF Value™ of NT$312.51 (Significantly Overvalued). Among 2,424 Hardware companies, Tripod Technology ranks better than 91.58% 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
Tripod Technology 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 Tripod Technology's Piotroski F-Score or its related term are showing as below:
TPE:3044'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Tripod Technology was 9. The lowest was 3. And the median was 7.
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.
Tripod Technology Piotroski F-Score Related Terms
Tripod Technology Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tripod Technology'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:3044 vs APH, GLW, TEL: Piotroski F-Score Comparison
For the Electronic Components subindustry, Tripod Technology'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.
Tripod Technology Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Tripod Technology's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tripod Technology'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 2953.541 + 2471.085 + 2946.23 + 3896.413 = NT$12,267 Mil. Cash Flow from Operations was 1845.49 + 3631.664 + 4199.825 + -605.558 = NT$9,071 Mil. Revenue was 19389.476 + 18978.618 + 20964.231 + 24857.399 = NT$84,190 Mil. Gross Profit was 5188.869 + 4834.061 + 5558.653 + 7479.03 = NT$23,061 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(85571.636 + 90924.502 + 98161.684 + 103583.725 + 108840.124) / 5 = NT$97416.3342 Mil. Total Assets at the begining of this year (Jun25) was NT$85,572 Mil. Long-Term Debt & Capital Lease Obligation was NT$1,122 Mil. Total Current Assets was NT$74,006 Mil. Total Current Liabilities was NT$45,624 Mil.
Net Income was 2325.601 + 2228.14 + 2355.782 + 2444.249 = NT$9,354 Mil.
Revenue was 17674.46 + 17044.752 + 17127.75 + 17903.453 = NT$69,750 Mil. Gross Profit was 4151.402 + 4136.536 + 4276.292 + 4693.267 = NT$17,257 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(83389.823 + 84823.667 + 87563.801 + 90359.188 + 85571.636) / 5 = NT$86341.623 Mil. Total Assets at the begining of last year (Jun24) was NT$83,390 Mil. Long-Term Debt & Capital Lease Obligation was NT$1,096 Mil. Total Current Assets was NT$59,120 Mil. Total Current Liabilities was NT$34,623 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.
Tripod Technology's current Net Income (TTM) was 12,267.
==> 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.
Tripod Technology's return on assets of this year was 0.14335672. Tripod Technology's return on assets of last year was 0.11216923.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tripod Technology's gearing of this year was 0.01151847. Tripod Technology's gearing of last year was 0.01269101.
==> 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
Tripod Technology's current ratio of this year was 1.62205776. Tripod Technology's current ratio of last year was 1.70755911.
==> 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.
Tripod Technology's number of shares in issue this year was 526.542. Tripod Technology's number of shares in issue last year was 526.778.
==> 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.
Tripod Technology's gross margin of this year was 0.27391244. Tripod Technology's gross margin of last year was 0.24741784.
==> 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
Tripod Technology's asset turnover of this year was 0.98385082. Tripod Technology's asset turnover of last year was 0.83643798.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tripod Technology has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Tripod Technology (TPE:3044) has a Piotroski F-Score of 7 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tripod Technology and its competitors. This is near median its historical median of 7.00. Over the past decade, Tripod Technology's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Tripod Technology ranks #204 out of 2424 companies in the Hardware industry, placing it in the top 8.4%.
Is Tripod Technology's Piotroski F-Score too high?
Tripod Technology'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 9.00. The Hardware industry median Piotroski F-Score is 5.00. Tripod Technology's value of 7 is 40% above this industry median. Based on the distribution chart, Tripod Technology ranks #204 out of 2424 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tripod Technology has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tripod Technology's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Tripod Technology ranks #204 out of 2424 companies for Piotroski F-Score. This places Tripod Technology in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Tripod Technology's value of 7 is 40% above this benchmark. Historically, Tripod Technology's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Tripod Technology 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,424 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. Tripod Technology'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 Tripod Technology and its competitors. For the Hardware 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. Tripod Technology'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 Tripod Technology stock overvalued right now?
Based on GuruFocus' analysis, Tripod Technology (TPE:3044) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$312.51, compared to a current price of NT$485.50 — trading 55.4% 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 Hardware industry median of 5.00. Tripod Technology's overall GF Score™ is 91/100. 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 Tripod Technology (TPE:3044), the current Piotroski F-Score is 7 as of Aug. 21, 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 Tripod Technology (TPE:3044) Overvalued in 2026?
Based on GuruFocus' analysis, Tripod Technology stock appears to be overvalued.
The current stock price of NT$485.50 is trading 55.4% above its estimated GF Value™ of NT$312.51.
GuruFocus considers Tripod Technology to be Significantly Overvalued.
Key valuation signals for TPE:3044:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: NT$312.51 vs. price of NT$485.50 (55.4% above fair value)
Industry Position: 40% above the Hardware median (#204 of 2424)
No single metric tells the full story. See the TPE:3044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers, and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in Mainland China; however, the company also does business in Taiwan, Malaysia, and South Korea, among others.
91GF Score
Get the complete analysis for TPE:3044
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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