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Eastech HoldingTPE:5225 -2.10%78 Piotroski F-Score is 4 as of Aug. 31, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates TPE:5225 with a GF Score™ of 78/100 and a GF Value™ of NT$91.02 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,445 Hardware companies, Eastech Holding ranks worse than 63.07% 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
Eastech Holding 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 Eastech Holding's Piotroski F-Score or its related term are showing as below:
TPE:5225'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Eastech Holding was 8. The lowest was 2. 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.
Eastech Holding Piotroski F-Score Related Terms
Eastech Holding Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Eastech Holding'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.
For the Consumer Electronics subindustry, Eastech Holding'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.
Eastech Holding Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Eastech Holding's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Eastech Holding'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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 323.09 + 47.884 + 121.487 + 29.634 = NT$522 Mil. Cash Flow from Operations was 140.864 + -180.224 + 181.092 + -424.722 = NT$-283 Mil. Revenue was 3617.202 + 2185.727 + 2323.13 + 2676.174 = NT$10,802 Mil. Gross Profit was 683.146 + 270.344 + 345.923 + 311.115 = NT$1,611 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(6048.382 + 7141.518 + 6592.644 + 6788.979 + 6516.441) / 5 = NT$6617.5928 Mil. Total Assets at the begining of this year (Jun25) was NT$6,048 Mil. Long-Term Debt & Capital Lease Obligation was NT$181 Mil. Total Current Assets was NT$5,120 Mil. Total Current Liabilities was NT$3,155 Mil.
Net Income was 341.319 + 160.796 + 193.246 + 235.586 = NT$931 Mil.
Revenue was 3804.32 + 2767.18 + 2691.775 + 2544.718 = NT$11,808 Mil. Gross Profit was 730.868 + 391.032 + 405.987 + 454.497 = NT$1,982 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(6921.7 + 7958.944 + 7307.766 + 7342.608 + 6048.382) / 5 = NT$7115.88 Mil. Total Assets at the begining of last year (Jun24) was NT$6,922 Mil. Long-Term Debt & Capital Lease Obligation was NT$43 Mil. Total Current Assets was NT$4,985 Mil. Total Current Liabilities was NT$3,077 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.
Eastech Holding's current Net Income (TTM) was 522.
==> 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.
Eastech Holding's return on assets of this year was 0.08631978. Eastech Holding's return on assets of last year was 0.13449687.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Eastech Holding's gearing of this year was 0.027421. Eastech Holding's gearing of last year was 0.00600179.
==> 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
Eastech Holding's current ratio of this year was 1.62277152. Eastech Holding's current ratio of last year was 1.62024724.
==> 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.
Eastech Holding's number of shares in issue this year was 77.984. Eastech Holding's number of shares in issue last year was 78.094.
==> 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.
Eastech Holding's gross margin of this year was 0.14909214. Eastech Holding's gross margin of last year was 0.16788492.
==> 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
Eastech Holding's asset turnover of this year was 1.78597069. Eastech Holding's asset turnover of last year was 1.70593828.
==> 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
Eastech Holding has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Eastech Holding (TPE:5225) has a Piotroski F-Score of 4 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Eastech Holding and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Eastech Holding's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Eastech Holding ranks #1542 out of 2445 companies in the Hardware industry, placing it in the top 63.1%.
Is Eastech Holding's Piotroski F-Score too high?
Eastech Holding's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Eastech Holding's value of 4 is 20% below this industry median. Based on the distribution chart, Eastech Holding ranks #1542 out of 2445 companies in the Hardware industry, which is below the industry midpoint. Overall, Eastech Holding has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eastech Holding's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Eastech Holding ranks #1542 out of 2445 companies for Piotroski F-Score. This places Eastech Holding in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Eastech Holding's value of 4 is 20% below this benchmark. Historically, Eastech Holding'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 6.00 vs. the industry median of 5.00, Eastech Holding 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 2,445 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. Eastech Holding'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 Eastech Holding 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. Eastech Holding's current Piotroski F-Score is 4, which is 33% 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 Eastech Holding stock overvalued right now?
Based on GuruFocus' analysis, Eastech Holding (TPE:5225) is currently considered Possible Value Trap. The stock's GF Value™ is NT$91.02, compared to a current price of NT$60.50 — trading 33.5% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Hardware industry median of 5.00. Eastech Holding's overall GF Score™ is 78/100 with 3 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 Eastech Holding (TPE:5225), the current Piotroski F-Score is 4 as of Aug. 31, 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 Eastech Holding (TPE:5225) Overvalued in 2026?
Based on GuruFocus' analysis, Eastech Holding stock appears to be undervalued.
The current stock price of NT$60.50 is trading 33.5% below its estimated GF Value™ of NT$91.02.
GuruFocus considers Eastech Holding to be Possible Value Trap.
Key valuation signals for TPE:5225:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: NT$91.02 vs. price of NT$60.50 (33.5% below fair value)
Industry Position: 20% below the Hardware median (#1542 of 2445)
No single metric tells the full story. See the TPE:5225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offers products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.
78GF Score
Get the complete analysis for TPE:5225
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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