San Neng Group Holdings CoTPE:6671 76 Piotroski F-Score is 7 as of Jul. 03, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TPE:6671 with a GF Score™ of 76/100 and a GF Value™ of NT$43.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, San Neng Group Holdings Co ranks better than 88.42% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
San Neng Group Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for San Neng Group Holdings Co's Piotroski F-Score or its related term are showing as below:
TPE:6671'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 7
During the past 11 years, the highest Piotroski F-Score of San Neng Group Holdings Co was 9. The lowest was 4. And the median was 6.
San Neng Group Holdings Co (TPE:6671) 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.
San Neng Group Holdings Co Piotroski F-Score Related Terms
San Neng Group Holdings Co Piotroski F-Score Historical Data
* 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.
San Neng Group Holdings Co Piotroski F-Score Chart
TPE:6671 vs PG, CL, KVUE: Piotroski F-Score Comparison
For the Household & Personal Products subindustry, San Neng Group Holdings 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.
San Neng Group Holdings Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, San Neng Group Holdings Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where San Neng Group Holdings 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 (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was 22.235 + 29.237 + 49.023 + 43.414 = NT$144 Mil. Cash Flow from Operations was -51.44 + 52.352 + 71.558 + 109.285 = NT$182 Mil. Revenue was 434.728 + 528.369 + 501.052 + 532.442 = NT$1,997 Mil. Gross Profit was 167.431 + 201.092 + 189.351 + 201.507 = NT$759 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(2339.395 + 2345.704 + 2150.347 + 2120.409 + 2251.478) / 5 = NT$2241.4666 Mil. Total Assets at the begining of this year (Dec24) was NT$2,339 Mil. Long-Term Debt & Capital Lease Obligation was NT$44 Mil. Total Current Assets was NT$1,215 Mil. Total Current Liabilities was NT$411 Mil.
Net Income was 40.514 + 51.914 + 40.634 + 60.277 = NT$193 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.
San Neng Group Holdings Co's current Net Income (TTM) was 144.
==> 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.
San Neng Group Holdings Co's current Cash Flow from Operations (TTM) was 182.
==> 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.
San Neng Group Holdings Co's return on assets of this year was 0.06151548. San Neng Group Holdings Co's return on assets of last year was 0.08777153.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
San Neng Group Holdings Co's gearing of this year was 0.01968309. San Neng Group Holdings Co's gearing of last year was 0.02767095.
==> 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
San Neng Group Holdings Co's current ratio of this year was 2.95471291. San Neng Group Holdings Co's current ratio of last year was 2.5246519.
==> 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.
San Neng Group Holdings Co's number of shares in issue this year was 61.206. San Neng Group Holdings Co's number of shares in issue last year was 62.155.
==> 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.
San Neng Group Holdings Co's gross margin of this year was 0.38033879. San Neng Group Holdings Co's gross margin of last year was 0.37814881.
==> 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
San Neng Group Holdings Co's asset turnover of this year was 0.85346468. San Neng Group Holdings Co's asset turnover of last year was 0.92585142.
==> 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
San Neng Group Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
San Neng Group Holdings Co (TPE:6671) has a Piotroski F-Score of 7 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on San Neng Group Holdings Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, San Neng Group Holdings Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, San Neng Group Holdings Co ranks #221 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is San Neng Group Holdings Co's Piotroski F-Score too high?
San Neng Group Holdings Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. San Neng Group Holdings Co's value of 7 is 40% above this industry median. Based on the distribution chart, San Neng Group Holdings Co ranks #221 out of 1909 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, San Neng Group Holdings Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Neng Group Holdings Co's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, San Neng Group Holdings Co ranks #221 out of 1909 companies for Piotroski F-Score. This places San Neng Group Holdings Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. San Neng Group Holdings Co's value of 7 is 40% above this benchmark. Historically, San Neng Group Holdings Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, San Neng Group Holdings Co 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. San Neng Group Holdings Co's current Piotroski F-Score of 7 is 40% 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 San Neng Group Holdings Co and its competitors. For the Consumer Packaged Goods 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. San Neng Group Holdings Co's current Piotroski F-Score is 7, which is 17% above 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 San Neng Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, San Neng Group Holdings Co (TPE:6671) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$43.10, compared to a current price of NT$24.80 — trading 42.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Consumer Packaged Goods industry median of 5.00. San Neng Group Holdings Co's overall GF Score™ is 76/100 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 San Neng Group Holdings Co (TPE:6671), the current Piotroski F-Score is 7 as of Jul. 03, 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 San Neng Group Holdings Co (TPE:6671) Overvalued in 2026?
Based on GuruFocus' analysis, San Neng Group Holdings Co stock appears to be undervalued.
The current stock price of NT$24.80 is trading 42.5% below its estimated GF Value™ of NT$43.10.
GuruFocus considers San Neng Group Holdings Co to be Significantly Undervalued.
Key valuation signals for TPE:6671:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: NT$43.10 vs. price of NT$24.80 (42.5% below fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#221 of 1909)
No single metric tells the full story. See the TPE:6671 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Neng Group Holdings Co Ltd, along with its subsidiaries, is engaged in the research and development, manufacturing, and sale of various professional baking equipment and related products. Its product offerings are divided into five categories including custom categories, baking moulds, baking tools, household equipment and other categories. Products offered by the company include baking utensils, baking moulds, baking trays, toast boxes, cake moulds, pie plates, mousse rings, mixing bowls, egg whisks, pastry tubes, revolving cake stands, knives, trolleys, eggbeaters series, pre-store products series, multi-connection products, kitchen supplies, and small household appliance series. Geographically, the company generates revenue from Taiwan, Mainland China, Japan, and Others.
76GF Score
Get the complete analysis for TPE:6671
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