Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aaeon TechnologyTPE:6579 -0.98%80 Piotroski F-Score is 5 as of Aug. 19, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TPE:6579 with a GF Score™ of 80/100 and a GF Value™ of NT$170.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,419 Hardware companies, Aaeon Technology ranks worse than 61.8% 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
Aaeon Technology has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Aaeon Technology's Piotroski F-Score or its related term are showing as below:
TPE:6579'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Aaeon Technology 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.
Aaeon Technology Piotroski F-Score Related Terms
Aaeon Technology Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aaeon 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:6579 vs DELL, ANET, SNDK: Piotroski F-Score Comparison
For the Computer Hardware subindustry, Aaeon 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.
Aaeon Technology Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Aaeon Technology's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aaeon 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 193.167 + 273.772 + 478.353 + 295.023 = NT$1,240 Mil. Cash Flow from Operations was -158.186 + 123.657 + -251.251 + -464.409 = NT$-750 Mil. Revenue was 2305.505 + 2259.63 + 2410.208 + 2817.352 = NT$9,793 Mil. Gross Profit was 745.848 + 753.263 + 839.483 + 965.131 = NT$3,304 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(14693.654 + 14308.881 + 14866.346 + 16153.3 + 16407.596) / 5 = NT$15285.9554 Mil. Total Assets at the begining of this year (Jun25) was NT$14,694 Mil. Long-Term Debt & Capital Lease Obligation was NT$177 Mil. Total Current Assets was NT$8,339 Mil. Total Current Liabilities was NT$3,773 Mil.
Net Income was 6.754 + 295.411 + 259.705 + -20.88 = NT$541 Mil.
Revenue was 1734.104 + 1730.372 + 1958.385 + 2101.863 = NT$7,525 Mil. Gross Profit was 582.369 + 663.979 + 667.529 + 716.735 = NT$2,631 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(15668.973 + 14182.927 + 14326.242 + 14734.086 + 14693.654) / 5 = NT$14721.1764 Mil. Total Assets at the begining of last year (Jun24) was NT$15,669 Mil. Long-Term Debt & Capital Lease Obligation was NT$216 Mil. Total Current Assets was NT$7,843 Mil. Total Current Liabilities was NT$2,948 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.
Aaeon Technology's current Net Income (TTM) was 1,240.
==> 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.
Aaeon Technology's return on assets of this year was 0.08441161. Aaeon Technology's return on assets of last year was 0.03452619.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aaeon Technology's gearing of this year was 0.0115822. Aaeon Technology's gearing of last year was 0.01468048.
==> 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
Aaeon Technology's current ratio of this year was 2.21029664. Aaeon Technology's current ratio of last year was 2.6604238.
==> 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.
Aaeon Technology's number of shares in issue this year was 125.678. Aaeon Technology's number of shares in issue last year was 169.451.
==> 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.
Aaeon Technology's gross margin of this year was 0.33736627. Aaeon Technology's gross margin of last year was 0.34959581.
==> 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
Aaeon Technology's asset turnover of this year was 0.66645744. Aaeon Technology's asset turnover of last year was 0.48023084.
==> 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
+
0
+
1
+
0
+
1
+
0
+
1
+
0
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aaeon Technology has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Aaeon Technology (TPE:6579) has a Piotroski F-Score of 5 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aaeon Technology and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Aaeon Technology's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Aaeon Technology ranks #1495 out of 2419 companies in the Hardware industry, placing it in the top 61.8%.
Is Aaeon Technology's Piotroski F-Score too high?
Aaeon Technology's current Piotroski F-Score of 5 is 17% 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. Aaeon Technology's value of 5 is 0% at this industry median. Based on the distribution chart, Aaeon Technology ranks #1495 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Aaeon Technology has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aaeon Technology's Piotroski F-Score compare to DELL and ANET?
According to the Hardware industry distribution chart, Aaeon Technology ranks #1495 out of 2419 companies for Piotroski F-Score. This places Aaeon Technology in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Aaeon Technology's value of 5 is 0% at this benchmark. Historically, Aaeon Technology'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, Aaeon Technology has consistently been at 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 2,419 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. Aaeon Technology's current Piotroski F-Score of 5 is 0% at 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 Aaeon Technology 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. Aaeon Technology's current Piotroski F-Score is 5, which is 17% 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 Aaeon Technology stock overvalued right now?
Based on GuruFocus' analysis, Aaeon Technology (TPE:6579) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$170.62, compared to a current price of NT$151.00 — trading 11.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Hardware industry median of 5.00. Aaeon Technology's overall GF Score™ is 80/100 with 5 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 Aaeon Technology (TPE:6579), the current Piotroski F-Score is 5 as of Aug. 19, 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 Aaeon Technology (TPE:6579) Overvalued in 2026?
Based on GuruFocus' analysis, Aaeon Technology stock appears to be undervalued.
The current stock price of NT$151.00 is trading 11.5% below its estimated GF Value™ of NT$170.62.
GuruFocus considers Aaeon Technology to be Modestly Undervalued.
Key valuation signals for TPE:6579:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: NT$170.62 vs. price of NT$151.00 (11.5% below fair value)
Industry Position: 0% at the Hardware median (#1495 of 2419)
No single metric tells the full story. See the TPE:6579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aaeon Technology Inc is engaged in the manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, and the import/export of related materials. Geographically, it derives maximum revenue from Taiwan, followed by Europe, USA, China, and other regions.
80GF Score
Get the complete analysis for TPE:6579
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6579 has been successfully added to your 
