Global Unichip (TPE:3443) Piotroski F-Score: 5 (As of Aug. 19, 2026) — 17% Below Median

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TPE:3443 Global Unichip Corp TPE:3443
83 GF Score
Price NT$5,535.00
GF Value NT$2,717.52
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Global Unichip Piotroski F-Score?

Global Unichip TPE:3443 -5.38% 83 Piotroski F-Score is 5 as of Aug. 19, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TPE:3443 with a GF Score™ of 83/100 and a GF Value™ of NT$2,717.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 983 Semiconductors companies, Global Unichip ranks better than 59.72% 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

Global Unichip has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TPE:3443' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Global Unichip was 8. The lowest was 3. And the median was 6.

Global Unichip  (TPE:3443) 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.


Global Unichip Piotroski F-Score Related Terms


Global Unichip Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Global Unichip'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.

Global Unichip Piotroski F-Score Chart

Global Unichip 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 6.00 5.00 4.00

Global Unichip Quarterly Data
Sep21 Dec21 Mar22 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 3.00 4.00 4.00 5.00

TPE:3443 vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, Global Unichip'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.


Global Unichip Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Unichip's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Global Unichip's Piotroski F-Score falls into.


TPE:3443
83GF Score
Global Unichip Corp TPE:3443
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 866.875 + 1159.658 + 1646.24 + 1555.257 = NT$5,228 Mil.
Cash Flow from Operations was -576.332 + -317.788 + 1745.645 + 3477.901 = NT$4,329 Mil.
Revenue was 8613.108 + 12399.649 + 11447.812 + 13896.557 = NT$46,357 Mil.
Gross Profit was 2086.067 + 2361.222 + 3113.307 + 2994.017 = NT$10,555 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(28030.018 + 28817.41 + 28443.068 + 35132.291 + 37385.404) / 5 = NT$31561.6382 Mil.
Total Assets at the begining of this year (Jun25) was NT$28,030 Mil.
Long-Term Debt & Capital Lease Obligation was NT$187 Mil.
Total Current Assets was NT$33,873 Mil.
Total Current Liabilities was NT$23,386 Mil.
Net Income was 1033.65 + 846.897 + 961.368 + 781.665 = NT$3,624 Mil.

Revenue was 6611.397 + 6022.643 + 7023.644 + 6104.577 = NT$25,762 Mil.
Gross Profit was 2366.393 + 1999.492 + 1972.615 + 2033.918 = NT$8,372 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(19997.471 + 21848.754 + 26309.259 + 27091.41 + 28030.018) / 5 = NT$24655.3824 Mil.
Total Assets at the begining of last year (Jun24) was NT$19,997 Mil.
Long-Term Debt & Capital Lease Obligation was NT$105 Mil.
Total Current Assets was NT$25,872 Mil.
Total Current Liabilities was NT$16,698 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.

Global Unichip's current Net Income (TTM) was 5,228. ==> 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.

Global Unichip's current Cash Flow from Operations (TTM) was 4,329. ==> 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)
=5228.03/28030.018
=0.1865154

ROA (Last Year)=Net Income/Total Assets (Jun24)
=3623.58/19997.471
=0.18120191

Global Unichip's return on assets of this year was 0.1865154. Global Unichip's return on assets of last year was 0.18120191. ==> This year is higher. ==> Score 1.

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.

Global Unichip's current Net Income (TTM) was 5,228. Global Unichip's current Cash Flow from Operations (TTM) was 4,329. ==> 4,329 <= 5,228 ==> CFROA <= ROA ==> Score 0.

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
=187.46/31561.6382
=0.00593949

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=105.266/24655.3824
=0.00426949

Global Unichip's gearing of this year was 0.00593949. Global Unichip's gearing of last year was 0.00426949. ==> 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
=33873.425/23386.208
=1.44843598

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=25872.24/16698.23
=1.54940015

Global Unichip's current ratio of this year was 1.44843598. Global Unichip's current ratio of last year was 1.54940015. ==> 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.

Global Unichip's number of shares in issue this year was 134.19. Global Unichip's number of shares in issue last year was 134.538. ==> 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
=10554.613/46357.126
=0.22768049

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8372.418/25762.261
=0.3249877

Global Unichip's gross margin of this year was 0.22768049. Global Unichip's gross margin of last year was 0.3249877. ==> 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)
=46357.126/28030.018
=1.65383861

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=25762.261/19997.471
=1.28827595

Global Unichip's asset turnover of this year was 1.65383861. Global Unichip's asset turnover of last year was 1.28827595. ==> 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+1+0+0+0+1+0+1
=5

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

Global Unichip has an F-score of 5 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 5 mean?
Global Unichip (TPE:3443) has a Piotroski F-Score of 5 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Unichip and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Global Unichip's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Global Unichip ranks #396 out of 983 companies in the Semiconductors industry, placing it in the top 40.3%.
Is Global Unichip's Piotroski F-Score too high?
Global Unichip's current Piotroski F-Score of 5 is 17% below 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 Semiconductors industry median Piotroski F-Score is 5.00. Global Unichip's value of 5 is 0% at this industry median. Based on the distribution chart, Global Unichip ranks #396 out of 983 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Global Unichip has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Unichip's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Global Unichip ranks #396 out of 983 companies for Piotroski F-Score. This puts Global Unichip in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Global Unichip's value of 5 is 0% at this benchmark. Historically, Global Unichip'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, Global Unichip has consistently been at 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 983 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. Global Unichip's current Piotroski F-Score of 5 is 0% at 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 Global Unichip 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. Global Unichip's current Piotroski F-Score is 5, which is 17% below 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 Global Unichip stock overvalued right now?
Based on GuruFocus' analysis, Global Unichip (TPE:3443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,717.52, compared to a current price of NT$5,535.00 — trading 103.7% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Semiconductors industry median of 5.00. Global Unichip's overall GF Score™ is 83/100 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 Global Unichip (TPE:3443), the current Piotroski F-Score is 5 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 Global Unichip (TPE:3443) Overvalued in 2026?

Based on GuruFocus' analysis, Global Unichip stock appears to be overvalued. The current stock price of NT$5,535.00 is trading 103.7% above its estimated GF Value™ of NT$2,717.52. GuruFocus considers Global Unichip to be Significantly Overvalued.

Key valuation signals for TPE:3443:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: NT$2,717.52 vs. price of NT$5,535.00 (103.7% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 0% at the Semiconductors median (#396 of 983)

No single metric tells the full story. See the TPE:3443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Unichip Business Description

Address No. 10, Li-Hsin 6th Road, Hsinchu Science Park, Hsinchu, TWN, 300096
Global Unichip Corp is engaged mainly in researching, developing, producing, testing, and selling of embedded memory and logic components for various application ICs, cell libraries for various application ICs, and EDA tools for various application ICs. It provides APT technology, design solutions, and related services intended to support performance and reliability for clients across competitive markets. The company derives revenue from the sale of its products.
83GF Score

Get the complete analysis for TPE:3443

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

NT$5,535.00
Price
NT$2,717.52
GF Value