TBI Motion Technology CoTPE:4540 -5.94%43 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TPE:4540 with a GF Score™ of 43/100 and a GF Value™ of NT$38.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, TBI Motion Technology Co ranks worse than 65.16% 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
TBI Motion Technology 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 TBI Motion Technology Co's Piotroski F-Score or its related term are showing as below:
TPE:4540'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of TBI Motion Technology Co was 8. The lowest was 2. And the median was 5.
TBI Motion Technology Co (TPE:4540) 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.
TBI Motion Technology Co Piotroski F-Score Related Terms
TBI Motion Technology Co Piotroski F-Score Historical Data
* 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:4540 vs SNA, RBC, LECO: Piotroski F-Score Comparison
For the Tools & Accessories subindustry, TBI Motion Technology 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.
TBI Motion Technology Co Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TBI Motion Technology Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TBI Motion Technology 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 (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was -77.162 + 47.462 + -90.71 + 46.343 = NT$-74 Mil. Cash Flow from Operations was -21.76 + -95.003 + -231.439 + -166.72 = NT$-515 Mil. Revenue was 471.68 + 642.712 + 674.398 + 770.54 = NT$2,559 Mil. Gross Profit was 43.063 + 46.851 + 28.973 + 127.541 = NT$246 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(7103.074 + 7024.997 + 6760.242 + 7256.597 + 7535.136) / 5 = NT$7136.0092 Mil. Total Assets at the begining of this year (Dec24) was NT$7,103 Mil. Long-Term Debt & Capital Lease Obligation was NT$2,188 Mil. Total Current Assets was NT$3,872 Mil. Total Current Liabilities was NT$1,873 Mil.
Net Income was -162.729 + -88.499 + -89.013 + -146.411 = NT$-487 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.
TBI Motion Technology Co's current Net Income (TTM) was -74.
==> Negative ==> Score 0.
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.
TBI Motion Technology Co's current Cash Flow from Operations (TTM) was -515.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
TBI Motion Technology Co's return on assets of this year was -0.01042746. TBI Motion Technology Co's return on assets of last year was -0.06270464.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TBI Motion Technology Co's gearing of this year was 0.3066431. TBI Motion Technology Co's gearing of last year was 0.30910091.
==> 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
TBI Motion Technology Co's current ratio of this year was 2.06698947. TBI Motion Technology Co's current ratio of last year was 2.16022973.
==> 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.
TBI Motion Technology Co's number of shares in issue this year was 114.913. TBI Motion Technology Co's number of shares in issue last year was 103.103.
==> 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.
TBI Motion Technology Co's gross margin of this year was 0.09628614. TBI Motion Technology Co's gross margin of last year was -0.05453168.
==> 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
TBI Motion Technology Co's asset turnover of this year was 0.36031301. TBI Motion Technology Co's asset turnover of last year was 0.29561587.
==> 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
TBI Motion Technology Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
TBI Motion Technology Co (TPE:4540) 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 TBI Motion Technology Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, TBI Motion Technology Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, TBI Motion Technology Co ranks #1941 out of 2979 companies in the Industrial Products industry, placing it in the top 65.2%.
Is TBI Motion Technology Co's Piotroski F-Score too high?
TBI Motion Technology 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 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. TBI Motion Technology Co's value of 4 is 20% below this industry median. Based on the distribution chart, TBI Motion Technology Co ranks #1941 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, TBI Motion Technology Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBI Motion Technology Co's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, TBI Motion Technology Co ranks #1941 out of 2979 companies for Piotroski F-Score. This places TBI Motion Technology Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. TBI Motion Technology Co's value of 4 is 20% below this benchmark. Historically, TBI Motion Technology Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, TBI Motion Technology 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. TBI Motion Technology 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 TBI Motion Technology Co and its competitors. For the Industrial Products 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. TBI Motion Technology 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 TBI Motion Technology Co stock overvalued right now?
Based on GuruFocus' analysis, TBI Motion Technology Co (TPE:4540) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.89, compared to a current price of NT$55.40 — trading 42.5% 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 Industrial Products industry median of 5.00. TBI Motion Technology Co's overall GF Score™ is 43/100 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 TBI Motion Technology Co (TPE:4540), 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 TBI Motion Technology Co (TPE:4540) Overvalued in 2026?
Based on GuruFocus' analysis, TBI Motion Technology Co stock appears to be overvalued.
The current stock price of NT$55.40 is trading 42.5% above its estimated GF Value™ of NT$38.89.
GuruFocus considers TBI Motion Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:4540:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: NT$38.89 vs. price of NT$55.40 (42.5% above fair value)
Industry Position: 20% below the Industrial Products median (#1941 of 2979)
No single metric tells the full story. See the TPE:4540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBI Motion Technology Co Ltd is engaged in the manufacturing and sales of precision transmission components for industrial automation, ball screws, and linear slides. Its product portfolio includes Linear Guide, Ball Screw, Ball Spline, Rotary Series, Single Axis Actuator, and Accessory.
43GF Score
Get the complete analysis for TPE:4540
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