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AltekTPE:3059 -3.79%61 Piotroski F-Score is 7 as of Aug. 19, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TPE:3059 with a GF Score™ of 61/100 and a GF Value™ of NT$38.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,419 Hardware companies, Altek ranks better than 59.36% 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
Altek 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 Altek's Piotroski F-Score or its related term are showing as below:
TPE:3059'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Altek was 8. The lowest was 3. And the median was 6.
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.
Altek Piotroski F-Score Related Terms
Altek Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Altek'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:3059 vs COHR, KEYS, GRMN: Piotroski F-Score Comparison
For the Scientific & Technical Instruments subindustry, Altek'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.
Altek Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Altek's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Altek'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 110.648 + 79.627 + 79.083 + 116.776 = NT$386 Mil. Cash Flow from Operations was -71.895 + 328.517 + -245.047 + 248.53 = NT$260 Mil. Revenue was 2435.726 + 2165.834 + 2020.291 + 2359.951 = NT$8,982 Mil. Gross Profit was 600.987 + 517.912 + 483.725 + 626.587 = NT$2,229 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(15634.273 + 16512.388 + 16751.465 + 16724.305 + 16671.397) / 5 = NT$16458.7656 Mil. Total Assets at the begining of this year (Jun25) was NT$15,634 Mil. Long-Term Debt & Capital Lease Obligation was NT$275 Mil. Total Current Assets was NT$10,051 Mil. Total Current Liabilities was NT$5,016 Mil.
Net Income was 78.689 + 85.53 + 78.751 + 108.635 = NT$352 Mil.
Revenue was 1880.73 + 2010.568 + 1853.202 + 2222.583 = NT$7,967 Mil. Gross Profit was 498.647 + 562.127 + 494.903 + 640.514 = NT$2,196 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(15311.495 + 15534.948 + 16880.518 + 16169.143 + 15634.273) / 5 = NT$15906.0754 Mil. Total Assets at the begining of last year (Jun24) was NT$15,311 Mil. Long-Term Debt & Capital Lease Obligation was NT$279 Mil. Total Current Assets was NT$9,169 Mil. Total Current Liabilities was NT$5,195 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.
Altek's current Net Income (TTM) was 386.
==> 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.
Altek's current ratio of this year was 2.0036833. Altek's current ratio of last year was 1.76492003.
==> 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.
Altek's number of shares in issue this year was 307.305. Altek's number of shares in issue last year was 310.386.
==> 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.
Altek's gross margin of this year was 0.24819196. Altek's gross margin of last year was 0.2756581.
==> 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
Altek's asset turnover of this year was 0.57449438. Altek's asset turnover of last year was 0.52033345.
==> 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
Altek has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Altek (TPE:3059) has a Piotroski F-Score of 7 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Altek and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Altek's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Altek ranks #983 out of 2419 companies in the Hardware industry, placing it in the top 40.6%.
Is Altek's Piotroski F-Score too high?
Altek's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Altek's value of 7 is 40% above this industry median. Based on the distribution chart, Altek ranks #983 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Altek has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altek's Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Altek ranks #983 out of 2419 companies for Piotroski F-Score. This puts Altek in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Altek's value of 7 is 40% above this benchmark. Historically, Altek'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 6.00 vs. the industry median of 5.00, Altek 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 2,419 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. Altek'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 Altek 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. Altek's current Piotroski F-Score is 7, which is 17% 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 Altek stock overvalued right now?
Based on GuruFocus' analysis, Altek (TPE:3059) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.37, compared to a current price of NT$39.30 — trading 2.4% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Hardware industry median of 5.00. Altek's overall GF Score™ is 61/100 with 3 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 Altek (TPE:3059), the current Piotroski F-Score is 7 as of Aug. 19, 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 Altek (TPE:3059) Overvalued in 2026?
Based on GuruFocus' analysis, Altek stock appears to be overvalued.
The current stock price of NT$39.30 is trading 2.4% above its estimated GF Value™ of NT$38.37.
GuruFocus considers Altek to be Fairly Valued.
Key valuation signals for TPE:3059:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: NT$38.37 vs. price of NT$39.30 (2.4% above fair value)
Industry Position: 40% above the Hardware median (#983 of 2419)
No single metric tells the full story. See the TPE:3059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altek Corp is a digital image product supplier. The company, along with its subsidiaries, are engaged in the development, manufacturing, and sale of automobile cameras, medical and digital image technology application products, and related export and import trade.The Group mainly has one single reportable segment. The company generates the majority of its revenue from the Asia region followed by America and so on.
61GF Score
Get the complete analysis for TPE:3059
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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