TaiDoc TechnologyTPE:4736 -1.20%73 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TPE:4736 with a GF Score™ of 73/100 and a GF Value™ of NT$111.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 805 Medical Devices & Instruments companies, TaiDoc Technology ranks better than 92.42% 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
TaiDoc Technology 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 TaiDoc Technology's Piotroski F-Score or its related term are showing as below:
TPE:4736'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of TaiDoc Technology was 8. The lowest was 4. 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.
TaiDoc Technology Piotroski F-Score Related Terms
TaiDoc Technology Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for TaiDoc Technology'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:4736 vs ABT, SYK, MDT: Piotroski F-Score Comparison
For the Medical Devices subindustry, TaiDoc Technology'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.
TaiDoc Technology Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, TaiDoc Technology's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TaiDoc Technology'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 -15.257 + 467.1 + 613.649 + 376.323 = NT$1,442 Mil. Cash Flow from Operations was -25.324 + 132.828 + 330.346 + 415.544 = NT$853 Mil. Revenue was 976.788 + 1121.056 + 1077.98 + 1028.309 = NT$4,204 Mil. Gross Profit was 471.242 + 628.433 + 429.428 + 403.091 = NT$1,932 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(12239.687 + 12079.289 + 12543.564 + 12790.497 + 12784.458) / 5 = NT$12487.499 Mil. Total Assets at the begining of this year (Dec24) was NT$12,240 Mil. Long-Term Debt & Capital Lease Obligation was NT$181 Mil. Total Current Assets was NT$7,573 Mil. Total Current Liabilities was NT$2,381 Mil.
Net Income was 404.079 + 268.413 + 98.611 + 387.665 = NT$1,159 Mil.
Revenue was 1078.4 + 1163.35 + 1231.981 + 1167.004 = NT$4,641 Mil. Gross Profit was 420.321 + 497.367 + 588.182 + 547.888 = NT$2,054 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(11905.339 + 11906.617 + 12258.229 + 12561.03 + 12239.687) / 5 = NT$12174.1804 Mil. Total Assets at the begining of last year (Dec23) was NT$11,905 Mil. Long-Term Debt & Capital Lease Obligation was NT$214 Mil. Total Current Assets was NT$7,357 Mil. Total Current Liabilities was NT$2,395 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.
TaiDoc Technology's current Net Income (TTM) was 1,442.
==> 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.
TaiDoc Technology's return on assets of this year was 0.11779836. TaiDoc Technology's return on assets of last year was 0.09733179.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TaiDoc Technology's gearing of this year was 0.0145017. TaiDoc Technology's gearing of last year was 0.01754631.
==> 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
TaiDoc Technology's current ratio of this year was 3.18069401. TaiDoc Technology's current ratio of last year was 3.07220317.
==> 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.
TaiDoc Technology's number of shares in issue this year was 96.454. TaiDoc Technology's number of shares in issue last year was 97.008.
==> 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.
TaiDoc Technology's gross margin of this year was 0.45959393. TaiDoc Technology's gross margin of last year was 0.44255016.
==> 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
TaiDoc Technology's asset turnover of this year was 0.3434837. TaiDoc Technology's asset turnover of last year was 0.38980284.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
TaiDoc Technology has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
TaiDoc Technology (TPE:4736) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TaiDoc Technology and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, TaiDoc Technology's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, TaiDoc Technology ranks #61 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 7.6%.
Is TaiDoc Technology's Piotroski F-Score too high?
TaiDoc Technology'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 4.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. TaiDoc Technology's value of 7 is 40% above this industry median. Based on the distribution chart, TaiDoc Technology ranks #61 out of 805 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, TaiDoc Technology has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TaiDoc Technology's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, TaiDoc Technology ranks #61 out of 805 companies for Piotroski F-Score. This places TaiDoc Technology in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TaiDoc Technology's value of 7 is 40% above this benchmark. Historically, TaiDoc Technology's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, TaiDoc Technology 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 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. TaiDoc Technology'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 TaiDoc Technology and its competitors. For the Medical Devices & Instruments 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. TaiDoc Technology'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 TaiDoc Technology stock overvalued right now?
Based on GuruFocus' analysis, TaiDoc Technology (TPE:4736) is currently considered Fairly Valued. The stock's GF Value™ is NT$111.99, compared to a current price of NT$123.00 — trading 9.8% 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 Medical Devices & Instruments industry median of 5.00. TaiDoc Technology's overall GF Score™ is 73/100 with 4 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 TaiDoc Technology (TPE:4736), the current Piotroski F-Score is 7 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 TaiDoc Technology (TPE:4736) Overvalued in 2026?
Based on GuruFocus' analysis, TaiDoc Technology stock appears to be overvalued.
The current stock price of NT$123.00 is trading 9.8% above its estimated GF Value™ of NT$111.99.
GuruFocus considers TaiDoc Technology to be Fairly Valued.
Key valuation signals for TPE:4736:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: NT$111.99 vs. price of NT$123.00 (9.8% above fair value)
Industry Position: 40% above the Medical Devices & Instruments median (#61 of 805)
No single metric tells the full story. See the TPE:4736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TaiDoc Technology Corp is engaged in the research and development, manufacture, and sales of various electronics components and medical devices. Its products and services include In Vitro Diagnostic, Medical Device, and TeleHealth. It has three segments: Manufacturing of Medical Devices, Precision Finishing Division, and Sales of Medical Devices. It derives the majority of its revenue from the Manufacturing of Medical Devices. Geographically, the company derives its key revenue from Europe and the rest from the Americas, the Middle East, Asia, Taiwan, and others.
73GF Score
Get the complete analysis for TPE:4736
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