Plotech Co (TPE:6141) Piotroski F-Score: 2 (As of Aug. 28, 2026) — 60% Below Median

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TPE:6141 Plotech Co Ltd TPE:6141
44 GF Score
Price NT$54.90
GF Value NT$12.47
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Plotech Co Piotroski F-Score?

Plotech Co TPE:6141 +8.93% 44 Piotroski F-Score is 2 as of Aug. 28, 2026, which is 60% below its 10-year median of 5.00. GuruFocus rates TPE:6141 with a GF Score™ of 44/100 and a GF Value™ of NT$12.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,441 Hardware companies, Plotech Co ranks worse than 93.24% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Plotech Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

TPE:6141' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 2

During the past 13 years, the highest Piotroski F-Score of Plotech Co was 8. The lowest was 1. And the median was 5.

Plotech Co  (TPE:6141) 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.


Plotech Co Piotroski F-Score Related Terms


Plotech Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Plotech 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.

Plotech Co Piotroski F-Score Chart

Plotech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 1.00 4.00 5.00

Plotech Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only 6.00 7.00 5.00 5.00 2.00

TPE:6141 vs APH, GLW, TEL: Piotroski F-Score Comparison

For the Electronic Components subindustry, Plotech 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.


Plotech Co Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Plotech Co's Piotroski F-Score distribution charts can be found below:

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


TPE:6141
44GF Score
Plotech Co Ltd TPE:6141
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -57.248 + -301.667 + -65.599 + -73.719 = NT$-498 Mil.
Cash Flow from Operations was -124.766 + 14.095 + -25.168 + 34.355 = NT$-101 Mil.
Revenue was 431.626 + 417.568 + 492.434 + 598.552 = NT$1,940 Mil.
Gross Profit was 25.658 + 13.805 + 34.293 + 79.807 = NT$154 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(5743.65 + 5595.087 + 5311.525 + 5252.579 + 5385.096) / 5 = NT$5457.5874 Mil.
Total Assets at the begining of this year (Jun25) was NT$5,744 Mil.
Long-Term Debt & Capital Lease Obligation was NT$1,011 Mil.
Total Current Assets was NT$1,479 Mil.
Total Current Liabilities was NT$3,494 Mil.
Net Income was -182.34 + -233.281 + -3.425 + -164.827 = NT$-584 Mil.

Revenue was 519.584 + 431.776 + 479.632 + 465.374 = NT$1,896 Mil.
Gross Profit was -31.848 + 52.082 + 113.403 + 34.383 = NT$168 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(6816.133 + 6564.112 + 6029.819 + 6172.076 + 5743.65) / 5 = NT$6265.158 Mil.
Total Assets at the begining of last year (Jun24) was NT$6,816 Mil.
Long-Term Debt & Capital Lease Obligation was NT$921 Mil.
Total Current Assets was NT$1,598 Mil.
Total Current Liabilities was NT$3,534 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.

Plotech Co's current Net Income (TTM) was -498. ==> 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.

Plotech Co's current Cash Flow from Operations (TTM) was -101. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=-498.233/5743.65
=-0.08674501

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-583.873/6816.133
=-0.08566045

Plotech Co's return on assets of this year was -0.08674501. Plotech Co's return on assets of last year was -0.08566045. ==> 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.

Plotech Co's current Net Income (TTM) was -498. Plotech Co's current Cash Flow from Operations (TTM) was -101. ==> -101 > -498 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=1011.394/5457.5874
=0.18531888

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=921.467/6265.158
=0.14707801

Plotech Co's gearing of this year was 0.18531888. Plotech Co's gearing of last year was 0.14707801. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=1478.598/3494.073
=0.42317318

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1597.517/3534.295
=0.45200443

Plotech Co's current ratio of this year was 0.42317318. Plotech Co's current ratio of last year was 0.45200443. ==> 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.

Plotech Co's number of shares in issue this year was 113.414. Plotech Co's number of shares in issue last year was 113.354. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=153.563/1940.18
=0.07914884

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=168.02/1896.366
=0.08860104

Plotech Co's gross margin of this year was 0.07914884. Plotech Co's gross margin of last year was 0.08860104. ==> 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 (Jun25)
=1940.18/5743.65
=0.33779565

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1896.366/6816.133
=0.27821728

Plotech Co's asset turnover of this year was 0.33779565. Plotech Co's asset turnover of last year was 0.27821728. ==> 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
=0+0+0+1+0+0+0+0+1
=2

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

Plotech Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Plotech Co (TPE:6141) has a Piotroski F-Score of 2 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Plotech Co and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, Plotech Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Plotech Co ranks #2276 out of 2441 companies in the Hardware industry, placing it in the top 93.2%.
Is Plotech Co's Piotroski F-Score too high?
Plotech Co's current Piotroski F-Score of 2 is 60% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Plotech Co's value of 2 is 60% below this industry median. Based on the distribution chart, Plotech Co ranks #2276 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Plotech Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plotech Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Plotech Co ranks #2276 out of 2441 companies for Piotroski F-Score. This places Plotech Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Plotech Co's value of 2 is 60% below this benchmark. Historically, Plotech Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Plotech 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 2,441 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. Plotech Co's current Piotroski F-Score of 2 is 60% 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 Plotech 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. Plotech Co's current Piotroski F-Score is 2, which is 60% 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 Plotech Co stock overvalued right now?
Based on GuruFocus' analysis, Plotech Co (TPE:6141) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.47, compared to a current price of NT$54.90 — trading 340.3% above its estimated fair value. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Hardware industry median of 5.00. Plotech Co's overall GF Score™ is 44/100 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 Plotech Co (TPE:6141), the current Piotroski F-Score is 2 as of Aug. 28, 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 Plotech Co (TPE:6141) Overvalued in 2026?

Based on GuruFocus' analysis, Plotech Co stock appears to be overvalued. The current stock price of NT$54.90 is trading 340.3% above its estimated GF Value™ of NT$12.47. GuruFocus considers Plotech Co to be Significantly Overvalued.

Key valuation signals for TPE:6141:

  • Piotroski F-Score: 2 (60% below median its 10-year median of 5.00)
  • GF Value™: NT$12.47 vs. price of NT$54.90 (340.3% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 60% below the Hardware median (#2276 of 2441)

No single metric tells the full story. See the TPE:6141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plotech Co Business Description

Address Section 2, Kee Lung Road, 12th Floor, No. 112, Taipei, TWN
Plotech Co Ltd is a Taiwan-based company. Its principal business activities include the manufacturing, processing, and sale of printed circuit boards, electronic components, and related products, as well as PCB and film design services. Geographically, the group distributes its products in Taiwan, America, Southeast Asia, and other countries.
44GF Score

Get the complete analysis for TPE:6141

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

NT$54.90
Price
NT$12.47
GF Value