Dynamic Holding CoTPE:3715 -4.80%52 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TPE:3715 with a GF Score™ of 52/100 and a GF Value™ of NT$91.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,426 Hardware companies, Dynamic Holding Co ranks worse than 62.2% 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
Dynamic Holding Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Dynamic Holding Co's Piotroski F-Score or its related term are showing as below:
TPE:3715'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 4
During the past 6 years, the highest Piotroski F-Score of Dynamic Holding Co was 8. The lowest was 3. And the median was 5.
Dynamic Holding Co (TPE:3715) 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.
Dynamic Holding Co Piotroski F-Score Related Terms
Dynamic Holding Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Dynamic Holding 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.
TPE:3715 vs APH, GLW, TEL: Piotroski F-Score Comparison
For the Electronic Components subindustry, Dynamic Holding 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.
Dynamic Holding Co Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Dynamic Holding Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Dynamic Holding Co'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 (Sep25) TTM:
Last Year (Sep24) TTM:
Net Income was 170.518 + 265.757 + 258.415 + 141.559 = NT$836 Mil. Cash Flow from Operations was 8.847 + 284.37 + 896.724 + -136.771 = NT$1,053 Mil. Revenue was 4640.213 + 4556.122 + 4628.711 + 4840.283 = NT$18,665 Mil. Gross Profit was 873.216 + 865.048 + 994.03 + 938.618 = NT$3,671 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(28065.993 + 30902.334 + 33074.33 + 30901.497 + 32850.013) / 5 = NT$31158.8334 Mil. Total Assets at the begining of this year (Sep24) was NT$28,066 Mil. Long-Term Debt & Capital Lease Obligation was NT$6,782 Mil. Total Current Assets was NT$14,163 Mil. Total Current Liabilities was NT$16,312 Mil.
Net Income was 252.204 + 282.58 + 340.222 + 257.419 = NT$1,132 Mil.
Revenue was 4166.295 + 4170.871 + 4228.126 + 4747.794 = NT$17,313 Mil. Gross Profit was 1195.771 + 945.721 + 1159.763 + 1131.597 = NT$4,433 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(21442.47 + 22439.079 + 24372.176 + 26735.775 + 28065.993) / 5 = NT$24611.0986 Mil. Total Assets at the begining of last year (Sep23) was NT$21,442 Mil. Long-Term Debt & Capital Lease Obligation was NT$3,346 Mil. Total Current Assets was NT$12,758 Mil. Total Current Liabilities was NT$15,145 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.
Dynamic Holding Co's current Net Income (TTM) was 836.
==> 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.
Dynamic Holding Co's return on assets of this year was 0.02979581. Dynamic Holding Co's return on assets of last year was 0.05281225.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Dynamic Holding Co's gearing of this year was 0.2176742. Dynamic Holding Co's gearing of last year was 0.13596256.
==> 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
Dynamic Holding Co's current ratio of this year was 0.86823714. Dynamic Holding Co's current ratio of last year was 0.8423812.
==> 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.
Dynamic Holding Co's number of shares in issue this year was 278.043. Dynamic Holding Co's number of shares in issue last year was 277.27.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Dynamic Holding Co's gross margin of this year was 0.19667009. Dynamic Holding Co's gross margin of last year was 0.25604055.
==> 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
Dynamic Holding Co's asset turnover of this year was 0.66505144. Dynamic Holding Co's asset turnover of last year was 0.80742032.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Dynamic Holding Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Dynamic Holding Co (TPE:3715) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dynamic Holding Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Dynamic Holding Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Dynamic Holding Co ranks #1509 out of 2426 companies in the Hardware industry, placing it in the top 62.2%.
Is Dynamic Holding Co's Piotroski F-Score too high?
Dynamic Holding Co's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. 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. Dynamic Holding Co's value of 4 is 20% below this industry median. Based on the distribution chart, Dynamic Holding Co ranks #1509 out of 2426 companies in the Hardware industry, which is below the industry midpoint. Overall, Dynamic Holding Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dynamic Holding Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Dynamic Holding Co ranks #1509 out of 2426 companies for Piotroski F-Score. This places Dynamic Holding Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Dynamic Holding Co's value of 4 is 20% below this benchmark. Historically, Dynamic Holding 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 5.00 vs. the industry median of 5.00, Dynamic Holding Co has consistently been below 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 2,426 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. Dynamic Holding Co's current Piotroski F-Score of 4 is 20% below 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 Dynamic Holding Co 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. Dynamic Holding Co's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamic Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Dynamic Holding Co (TPE:3715) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$91.00, compared to a current price of NT$168.50 — trading 85.2% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Hardware industry median of 5.00. Dynamic Holding Co's overall GF Score™ is 52/100 with 6 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 Dynamic Holding Co (TPE:3715), the current Piotroski F-Score is 4 as of Jun. 27, 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 Dynamic Holding Co (TPE:3715) Overvalued in 2026?
Based on GuruFocus' analysis, Dynamic Holding Co stock appears to be overvalued.
The current stock price of NT$168.50 is trading 85.2% above its estimated GF Value™ of NT$91.00.
GuruFocus considers Dynamic Holding Co to be Significantly Overvalued.
Key valuation signals for TPE:3715:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: NT$91.00 vs. price of NT$168.50 (85.2% above fair value)
Industry Position: 20% below the Hardware median (#1509 of 2426)
No single metric tells the full story. See the TPE:3715 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dynamic Holding Co Ltd is engaged in the manufacturing and processing of various electronic components, the design of microcomputers and peripheral equipment, the manufacturing and processing of integrated circuits and substrates, the manufacturing and processing of various circuit boards, the quotation, bidding, and distribution of products from domestic and foreign manufacturers as an agent, and the import and export trading of these products. Its segments are: PCB and Mock-up. The PCB segment, which generates the majority of revenue, manufactures and sells printed circuit boards (PCBs) to electronic producers, while the Mock-up segment manufactures and sells mock-up products to electronic product manufacturers. The Company generates the majority of its revenue from China.
52GF Score
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