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SynPower CoTPE:6658 +9.91%69 Piotroski F-Score is 3 as of Sep. 02, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates TPE:6658 with a GF Score™ of 69/100 and a GF Value™ of NT$78.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,007 Semiconductors companies, SynPower Co ranks worse than 81.33% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
SynPower Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for SynPower Co's Piotroski F-Score or its related term are showing as below:
TPE:6658'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 3
During the past 7 years, the highest Piotroski F-Score of SynPower Co was 7. The lowest was 3. And the median was 5.
SynPower Co (TPE:6658) 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.
SynPower Co Piotroski F-Score Related Terms
SynPower Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for SynPower 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.
TPE:6658 vs LRCX, AMAT, KLAC: Piotroski F-Score Comparison
For the Semiconductor Equipment & Materials subindustry, SynPower 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.
SynPower Co Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SynPower Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where SynPower Co'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 (Mar25) TTM:
Net Income was -3.128 + 2.363 + 59.134 + 51.797 = NT$110 Mil. Cash Flow from Operations was 73.713 + -77.404 + 105.34 + -14.851 = NT$87 Mil. Revenue was 718.958 + 375.351 + 619.418 + 704.728 = NT$2,418 Mil. Gross Profit was 159.788 + 72.746 + 148.657 + 163.636 = NT$545 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Jun26) was
(3185.877 + 3085.651 + 3069.065 + 3325.098 + 3529.481) / 5 = NT$3239.0344 Mil. Total Assets at the begining of this year (Mar25) was NT$3,186 Mil. Long-Term Debt & Capital Lease Obligation was NT$735 Mil. Total Current Assets was NT$2,078 Mil. Total Current Liabilities was NT$1,277 Mil.
Net Income was 15.307 + -8.611 + 28.609 + 13.74 = NT$49 Mil.
Revenue was 481.924 + 327.912 + 501.938 + 486.508 = NT$1,798 Mil. Gross Profit was 98.873 + 77.565 + 118.028 + 115.486 = NT$410 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2326.372 + 2595.336 + 2553.511 + 2854.147 + 3185.877) / 5 = NT$2703.0486 Mil. Total Assets at the begining of last year (Mar24) was NT$2,326 Mil. Long-Term Debt & Capital Lease Obligation was NT$559 Mil. Total Current Assets was NT$1,926 Mil. Total Current Liabilities was NT$1,144 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.
SynPower Co's current Net Income (TTM) was 110.
==> 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.
SynPower Co's return on assets of this year was 0.03457949. SynPower Co's return on assets of last year was 0.02108218.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
SynPower Co's gearing of this year was 0.22680587. SynPower Co's gearing of last year was 0.2068483.
==> 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
SynPower Co's current ratio of this year was 1.62702774. SynPower Co's current ratio of last year was 1.68359641.
==> 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.
SynPower Co's number of shares in issue this year was 36.477. SynPower Co's number of shares in issue last year was 34.35.
==> 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.
SynPower Co's gross margin of this year was 0.22527895. SynPower Co's gross margin of last year was 0.22796869.
==> 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
SynPower Co's asset turnover of this year was 0.75911751. SynPower Co's asset turnover of last year was 0.77299847.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
SynPower Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
SynPower Co (TPE:6658) has a Piotroski F-Score of 3 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SynPower Co and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, SynPower Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, SynPower Co ranks #819 out of 1007 companies in the Semiconductors industry, placing it in the top 81.3%.
Is SynPower Co's Piotroski F-Score too high?
SynPower Co's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Semiconductors industry median Piotroski F-Score is 5.00. SynPower Co's value of 3 is 40% below this industry median. Based on the distribution chart, SynPower Co ranks #819 out of 1007 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SynPower Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SynPower Co's Piotroski F-Score compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, SynPower Co ranks #819 out of 1007 companies for Piotroski F-Score. This places SynPower Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. SynPower Co's value of 3 is 40% below this benchmark. Historically, SynPower Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, SynPower 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 1,007 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. SynPower Co's current Piotroski F-Score of 3 is 40% 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 SynPower Co 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. SynPower Co's current Piotroski F-Score is 3, which is 40% 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 SynPower Co stock overvalued right now?
Based on GuruFocus' analysis, SynPower Co (TPE:6658) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.88, compared to a current price of NT$188.50 — trading 139% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Semiconductors industry median of 5.00. SynPower Co's overall GF Score™ is 69/100 with 7 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 SynPower Co (TPE:6658), the current Piotroski F-Score is 3 as of Sep. 02, 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 SynPower Co (TPE:6658) Overvalued in 2026?
Based on GuruFocus' analysis, SynPower Co stock appears to be overvalued.
The current stock price of NT$188.50 is trading 139% above its estimated GF Value™ of NT$78.88.
GuruFocus considers SynPower Co to be Significantly Overvalued.
Key valuation signals for TPE:6658:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: NT$78.88 vs. price of NT$188.50 (139% above fair value)
Industry Position: 40% below the Semiconductors median (#819 of 1007)
No single metric tells the full story. See the TPE:6658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SynPower Co Ltd is committed to the electronic industry automation equipment, raw material manufacturing, agency, and visual application integration business.
69GF Score
Get the complete analysis for TPE:6658
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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