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VisEra Technologies CoTPE:6789 -0.34%78 Piotroski F-Score is 5 as of Aug. 11, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TPE:6789 with a GF Score™ of 78/100 and a GF Value™ of NT$277.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 977 Semiconductors companies, VisEra Technologies Co ranks better than 62.23% 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
VisEra Technologies Co 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 VisEra Technologies Co's Piotroski F-Score or its related term are showing as below:
TPE:6789'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 5
During the past 9 years, the highest Piotroski F-Score of VisEra Technologies Co was 9. The lowest was 3. And the median was 6.
VisEra Technologies Co (TPE:6789) 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.
VisEra Technologies Co Piotroski F-Score Related Terms
VisEra Technologies Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for VisEra Technologies 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:6789 vs NVDA, AVGO, MU: Piotroski F-Score Comparison
For the Semiconductors subindustry, VisEra Technologies 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.
VisEra Technologies Co Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, VisEra Technologies Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where VisEra Technologies 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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 273.195 + 346.344 + 385.105 + 475.899 = NT$1,481 Mil. Cash Flow from Operations was 695.696 + 855.189 + 1253.524 + 1047.958 = NT$3,852 Mil. Revenue was 2218.838 + 2255.879 + 2288.804 + 2348.443 = NT$9,112 Mil. Gross Profit was 505.657 + 559.696 + 608.915 + 757.12 = NT$2,431 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(24111.344 + 23711.545 + 22135.69 + 22327.282 + 22332.738) / 5 = NT$22923.7198 Mil. Total Assets at the begining of this year (Mar25) was NT$24,111 Mil. Long-Term Debt & Capital Lease Obligation was NT$510 Mil. Total Current Assets was NT$13,937 Mil. Total Current Liabilities was NT$2,888 Mil.
Net Income was 423.58 + 576.26 + 557.18 + 269.35 = NT$1,826 Mil.
Revenue was 2453.281 + 2750.883 + 2688.548 + 2174.647 = NT$10,067 Mil. Gross Profit was 727.396 + 993.018 + 910.221 + 532.132 = NT$3,163 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(24619.042 + 24803.395 + 24579.756 + 24739.536 + 24111.344) / 5 = NT$24570.6146 Mil. Total Assets at the begining of last year (Mar24) was NT$24,619 Mil. Long-Term Debt & Capital Lease Obligation was NT$1,510 Mil. Total Current Assets was NT$15,437 Mil. Total Current Liabilities was NT$4,236 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.
VisEra Technologies Co's current Net Income (TTM) was 1,481.
==> 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.
VisEra Technologies Co's current Cash Flow from Operations (TTM) was 3,852.
==> 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.
VisEra Technologies Co's return on assets of this year was 0.06140442. VisEra Technologies Co's return on assets of last year was 0.07418526.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
VisEra Technologies Co's gearing of this year was 0.022261. VisEra Technologies Co's gearing of last year was 0.06145996.
==> 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
VisEra Technologies Co's current ratio of this year was 4.82543702. VisEra Technologies Co's current ratio of last year was 3.64384952.
==> 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.
VisEra Technologies Co's number of shares in issue this year was 319.395. VisEra Technologies Co's number of shares in issue last year was 316.882.
==> 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.
VisEra Technologies Co's gross margin of this year was 0.26683468. VisEra Technologies Co's gross margin of last year was 0.31416055.
==> 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
VisEra Technologies Co's asset turnover of this year was 0.37791191. VisEra Technologies Co's asset turnover of last year was 0.4089257.
==> 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
VisEra Technologies Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
VisEra Technologies Co (TPE:6789) has a Piotroski F-Score of 5 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VisEra Technologies Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, VisEra Technologies Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, VisEra Technologies Co ranks #369 out of 977 companies in the Semiconductors industry, placing it in the top 37.8%.
Is VisEra Technologies Co's Piotroski F-Score too high?
VisEra Technologies Co'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 3.00 to a high of 9.00. The Semiconductors industry median Piotroski F-Score is 5.00. VisEra Technologies Co's value of 5 is 0% at this industry median. Based on the distribution chart, VisEra Technologies Co ranks #369 out of 977 companies in the Semiconductors industry, which is above the industry midpoint. Overall, VisEra Technologies Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VisEra Technologies Co's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, VisEra Technologies Co ranks #369 out of 977 companies for Piotroski F-Score. This puts VisEra Technologies Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. VisEra Technologies Co's value of 5 is 0% at this benchmark. Historically, VisEra Technologies Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, VisEra Technologies Co 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 977 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. VisEra Technologies Co'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 VisEra Technologies 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. VisEra Technologies Co'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 VisEra Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, VisEra Technologies Co (TPE:6789) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$277.60, compared to a current price of NT$440.00 — trading 58.5% above 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 Semiconductors industry median of 5.00. VisEra Technologies Co's overall GF Score™ is 78/100 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 VisEra Technologies Co (TPE:6789), the current Piotroski F-Score is 5 as of Aug. 11, 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 VisEra Technologies Co (TPE:6789) Overvalued in 2026?
Based on GuruFocus' analysis, VisEra Technologies Co stock appears to be overvalued.
The current stock price of NT$440.00 is trading 58.5% above its estimated GF Value™ of NT$277.60.
GuruFocus considers VisEra Technologies Co to be Significantly Overvalued.
Key valuation signals for TPE:6789:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: NT$277.60 vs. price of NT$440.00 (58.5% above fair value)
Industry Position: 0% at the Semiconductors median (#369 of 977)
No single metric tells the full story. See the TPE:6789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VisEra Technologies Co Ltd is a dedicated optical foundry mainly engaged in manufacturing electronic spare parts and researching, developing, designing, manufacturing, selling, packaging, and testing color filters. The company's main products include image sensors, optical fingerprint sensors, light sensors, and time of flight sensors, which have applications in mobile, automotive, smart homes, biomedical sensors, AR, and VR sectors. Geographically, the company operates in Asia, Taiwan, Europe, and the United States, and it derives a majority of its revenue from Asian Markets.
78GF Score
Get the complete analysis for TPE:6789
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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