Sixxon Tech Co (TPE:4569) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


TPE:4569 Sixxon Tech Co Ltd TPE:4569
66 GF Score
Price NT$166.50
GF Value NT$167.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Sixxon Tech Co Piotroski F-Score?

Sixxon Tech Co TPE:4569 -5.13% 66 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates TPE:4569 with a GF Score™ of 66/100 and a GF Value™ of NT$167.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,979 Industrial Products companies, Sixxon Tech Co ranks better than 75.46% 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

Sixxon Tech Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

TPE:4569' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 6 years, the highest Piotroski F-Score of Sixxon Tech Co was 7. The lowest was 4. And the median was 6.

Sixxon Tech Co  (TPE:4569) 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.


Sixxon Tech Co Piotroski F-Score Related Terms


Sixxon Tech Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sixxon Tech 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.

Sixxon Tech Co Piotroski F-Score Chart

Sixxon Tech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 4.00 7.00 6.00

Sixxon Tech Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 7.00 6.00 6.00 5.00 6.00

TPE:4569 vs ATI, CRS, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, Sixxon Tech 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.


Sixxon Tech Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sixxon Tech Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sixxon Tech Co's Piotroski F-Score falls into.


TPE:4569
66GF Score
Sixxon Tech Co Ltd TPE:4569
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 76.813 + -54.245 + 76.571 + 27.45 = NT$127 Mil.
Cash Flow from Operations was 79.75 + 23.962 + 119.33 + 49.727 = NT$273 Mil.
Revenue was 468.598 + 442.627 + 469.455 + 436.898 = NT$1,818 Mil.
Gross Profit was 112.427 + 93.108 + 106.973 + 66.136 = NT$379 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(3269.627 + 3874.252 + 3488.173 + 3458.997 + 3565.264) / 5 = NT$3531.2626 Mil.
Total Assets at the begining of this year (Dec24) was NT$3,270 Mil.
Long-Term Debt & Capital Lease Obligation was NT$476 Mil.
Total Current Assets was NT$1,864 Mil.
Total Current Liabilities was NT$160 Mil.
Net Income was 91.867 + 64.591 + 49.099 + 39.572 = NT$245 Mil.

Revenue was 350.345 + 332.835 + 388.715 + 379.979 = NT$1,452 Mil.
Gross Profit was 78.681 + 81.445 + 98.29 + 63.041 = NT$321 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(2818.412 + 2905.834 + 3014.504 + 3143.635 + 3269.627) / 5 = NT$3030.4024 Mil.
Total Assets at the begining of last year (Dec23) was NT$2,818 Mil.
Long-Term Debt & Capital Lease Obligation was NT$0 Mil.
Total Current Assets was NT$1,676 Mil.
Total Current Liabilities was NT$358 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.

Sixxon Tech Co's current Net Income (TTM) was 127. ==> 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.

Sixxon Tech Co's current Cash Flow from Operations (TTM) was 273. ==> 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 (Dec24)
=126.589/3269.627
=0.03871665

ROA (Last Year)=Net Income/Total Assets (Dec23)
=245.129/2818.412
=0.08697415

Sixxon Tech Co's return on assets of this year was 0.03871665. Sixxon Tech Co's return on assets of last year was 0.08697415. ==> Last year is higher ==> Score 0.

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.

Sixxon Tech Co's current Net Income (TTM) was 127. Sixxon Tech Co's current Cash Flow from Operations (TTM) was 273. ==> 273 > 127 ==> CFROA > ROA ==> Score 1.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=475.961/3531.2626
=0.13478493

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/3030.4024
=0

Sixxon Tech Co's gearing of this year was 0.13478493. Sixxon Tech Co's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=1864.32/160.134
=11.64224962

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1675.783/357.741
=4.68434706

Sixxon Tech Co's current ratio of this year was 11.64224962. Sixxon Tech Co's current ratio of last year was 4.68434706. ==> 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.

Sixxon Tech Co's number of shares in issue this year was 30.504. Sixxon Tech Co's number of shares in issue last year was 31.1. ==> 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
=378.644/1817.578
=0.20832338

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=321.457/1451.874
=0.22140833

Sixxon Tech Co's gross margin of this year was 0.20832338. Sixxon Tech Co's gross margin of last year was 0.22140833. ==> 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 (Dec24)
=1817.578/3269.627
=0.55589766

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1451.874/2818.412
=0.51513902

Sixxon Tech Co's asset turnover of this year was 0.55589766. Sixxon Tech Co's asset turnover of last year was 0.51513902. ==> 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+0+1+0+1+1+0+1
=6

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

Sixxon Tech Co has an F-score of 6 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 6 mean?
Sixxon Tech Co (TPE:4569) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sixxon Tech Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Sixxon Tech Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sixxon Tech Co ranks #731 out of 2979 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Sixxon Tech Co's Piotroski F-Score too high?
Sixxon Tech Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Sixxon Tech Co's value of 6 is 20% above this industry median. Based on the distribution chart, Sixxon Tech Co ranks #731 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sixxon Tech Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sixxon Tech Co's Piotroski F-Score compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Sixxon Tech Co ranks #731 out of 2979 companies for Piotroski F-Score. This places Sixxon Tech Co in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sixxon Tech Co's value of 6 is 20% above this benchmark. Historically, Sixxon Tech Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sixxon Tech Co 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 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. Sixxon Tech Co's current Piotroski F-Score of 6 is 20% 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 Sixxon Tech 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. Sixxon Tech Co's current Piotroski F-Score is 6, which is near 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 Sixxon Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Sixxon Tech Co (TPE:4569) is currently considered Fairly Valued. The stock's GF Value™ is NT$167.29, compared to a current price of NT$166.50 — trading 0.5% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. Sixxon Tech Co's overall GF Score™ is 66/100 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 Sixxon Tech Co (TPE:4569), the current Piotroski F-Score is 6 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 Sixxon Tech Co (TPE:4569) Overvalued in 2026?

Based on GuruFocus' analysis, Sixxon Tech Co stock appears to be undervalued. The current stock price of NT$166.50 is trading 0.5% below its estimated GF Value™ of NT$167.29. GuruFocus considers Sixxon Tech Co to be Fairly Valued.

Key valuation signals for TPE:4569:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: NT$167.29 vs. price of NT$166.50 (0.5% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 20% above the Industrial Products median (#731 of 2979)

No single metric tells the full story. See the TPE:4569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sixxon Tech Co Business Description

Address Hibiscus Way, 802 West Bay Road, P.O. Box 31119 Grand Pavilion, Taipei City, CYM, KY1-1205
Sixxon Tech Co Ltd is a product solutions company providing comprehensive design, manufacturing, supply chain, and product management services. Its main business is the design, manufacturing, processing, and sales of precision metal parts and components of automotive, industrial applications, electronics, and medical products. The company uses 3D design software as development aids for metal raw materials such as copper, aluminum, titanium alloys, steel, and stainless steel, and complex multi-axis machines to enable Various metal materials to be processed in a single machine; and through on-site monitoring software. Geographically, it operates in Thailand, China, United States of America, and Others. The company generates maximum revenue from Thailand.
66GF Score

Get the complete analysis for TPE:4569

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

NT$166.50
Price
NT$167.29
GF Value