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Marketech InternationalTPE:6196 +1.76%77 Piotroski F-Score is 8 as of Sep. 14, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates TPE:6196 with a GF Score™ of 77/100 and a GF Value™ of NT$190.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,015 Semiconductors companies, Marketech International ranks better than 99.11% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Marketech International has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Marketech International's Piotroski F-Score or its related term are showing as below:
TPE:6196'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Marketech International was 8. The lowest was 2. And the median was 5.
Marketech International (TPE:6196) 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.
Marketech International Piotroski F-Score Related Terms
Marketech International Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Marketech International'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:6196 vs LRCX, AMAT, KLAC: Piotroski F-Score Comparison
For the Semiconductor Equipment & Materials subindustry, Marketech International'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.
Marketech International Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Marketech International's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Marketech International'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 1182.739 + 768.002 + 1112.712 + 1800.774 = NT$4,864 Mil. Cash Flow from Operations was 2558.097 + 3720.869 + 1411.319 + 3483.517 = NT$11,174 Mil. Revenue was 11466.239 + 14643.498 + 14308.544 + 21199.58 = NT$61,618 Mil. Gross Profit was 1261.158 + 1544.663 + 1941.121 + 2851.853 = NT$7,599 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(45373.951 + 51974.68 + 57450.256 + 57381.18 + 66282.258) / 5 = NT$55692.465 Mil. Total Assets at the begining of this year (Jun25) was NT$45,374 Mil. Long-Term Debt & Capital Lease Obligation was NT$3,240 Mil. Total Current Assets was NT$54,934 Mil. Total Current Liabilities was NT$44,731 Mil.
Net Income was 538.697 + 403.145 + 888.685 + 396.392 = NT$2,227 Mil.
Revenue was 15611.776 + 15048.916 + 13260.751 + 12196.986 = NT$56,118 Mil. Gross Profit was 1497.418 + 1557.73 + 1460.985 + 1384.973 = NT$5,901 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(48033.251 + 45142.307 + 46657.323 + 46888.355 + 45373.951) / 5 = NT$46419.0374 Mil. Total Assets at the begining of last year (Jun24) was NT$48,033 Mil. Long-Term Debt & Capital Lease Obligation was NT$3,001 Mil. Total Current Assets was NT$36,129 Mil. Total Current Liabilities was NT$29,735 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.
Marketech International's current Net Income (TTM) was 4,864.
==> 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.
Marketech International's current Cash Flow from Operations (TTM) was 11,174.
==> 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.
Marketech International's return on assets of this year was 0.10720307. Marketech International's return on assets of last year was 0.04636203.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Marketech International's gearing of this year was 0.0581748. Marketech International's gearing of last year was 0.06464542.
==> 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
Marketech International's current ratio of this year was 1.2280935. Marketech International's current ratio of last year was 1.21505703.
==> 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.
Marketech International's number of shares in issue this year was 220.954. Marketech International's number of shares in issue last year was 214.266.
==> 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.
Marketech International's gross margin of this year was 0.1233213. Marketech International's gross margin of last year was 0.10515451.
==> 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
Marketech International's asset turnover of this year was 1.35800078. Marketech International's asset turnover of last year was 1.1683246.
==> 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
Marketech International has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Marketech International (TPE:6196) has a Piotroski F-Score of 8 as of Sep. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Marketech International and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Marketech International's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Marketech International ranks #9 out of 1015 companies in the Semiconductors industry, placing it in the top 0.90000000000001%.
Is Marketech International's Piotroski F-Score too high?
Marketech International's current Piotroski F-Score of 8 is 60% above 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 Semiconductors industry median Piotroski F-Score is 5.00. Marketech International's value of 8 is 60% above this industry median. Based on the distribution chart, Marketech International ranks #9 out of 1015 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Marketech International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marketech International's Piotroski F-Score compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Marketech International ranks #9 out of 1015 companies for Piotroski F-Score. This places Marketech International in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Marketech International's value of 8 is 60% above this benchmark. Historically, Marketech International'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, Marketech International 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 1,015 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. Marketech International's current Piotroski F-Score of 8 is 60% 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 Marketech International and its competitors. For the Semiconductors 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. Marketech International's current Piotroski F-Score is 8, which is 60% above 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 Marketech International stock overvalued right now?
Based on GuruFocus' analysis, Marketech International (TPE:6196) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$190.16, compared to a current price of NT$520.00 — trading 173.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Semiconductors industry median of 5.00. Marketech International's overall GF Score™ is 77/100 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 Marketech International (TPE:6196), the current Piotroski F-Score is 8 as of Sep. 14, 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 Marketech International (TPE:6196) Overvalued in 2026?
Based on GuruFocus' analysis, Marketech International stock appears to be overvalued.
The current stock price of NT$520.00 is trading 173.5% above its estimated GF Value™ of NT$190.16.
GuruFocus considers Marketech International to be Significantly Overvalued.
Key valuation signals for TPE:6196:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: NT$190.16 vs. price of NT$520.00 (173.5% above fair value)
Industry Position: 60% above the Semiconductors median (#9 of 1015)
No single metric tells the full story. See the TPE:6196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marketech International Corp is a technology service provider based in Taiwan. Along with its subsidiaries, it operates in the following segments: Agency for equipment materials, Process system and mechatronic system service, Customized equipment manufacturing, and Other. Maximum revenue is generated from the Process system and mechatronic system service segment, which designs, builds, and maintains electrical, clean room, mechanical, gas, and chemical systems for factories, industrial plants, and intelligent buildings, handling the entire project lifecycle from planning to long-term maintenance. Geographically, the Group generates maximum revenue from Taiwan, and the rest from China, the USA, and other markets.
77GF Score
Get the complete analysis for TPE:6196
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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