Lucky Royal Co (TPE:7791) Piotroski F-Score: 6 (As of Jul. 05, 2026) — Near Median


TPE:7791 Lucky Royal Co Ltd TPE:7791
23 GF Score
Price NT$62.70
! 2 Warning Signs
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What is Lucky Royal Co Piotroski F-Score?

Lucky Royal Co TPE:7791 +1.29% 23 Piotroski F-Score is 6 as of Jul. 05, 2026, which is at its 10-year median of 6.00. GuruFocus rates TPE:7791 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Lucky Royal Co ranks better than 73.39% 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

Lucky Royal Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Lucky Royal Co's Piotroski F-Score or its related term are showing as below:

TPE:7791' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 6
Current: 6

During the past 4 years, the highest Piotroski F-Score of Lucky Royal Co was 6. The lowest was 6. And the median was 6.

Lucky Royal Co  (TPE:7791) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Lucky Royal Co Piotroski F-Score Related Terms


Lucky Royal Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lucky Royal 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.

Lucky Royal Co Piotroski F-Score Chart

Lucky Royal Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A N/A 6.00

Lucky Royal Co Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 6.00

TPE:7791 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Lucky Royal 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.


Lucky Royal Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lucky Royal Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Lucky Royal Co's Piotroski F-Score falls into.


TPE:7791
23GF Score
Lucky Royal Co Ltd TPE:7791
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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 186.201 + 99.723 + 90.331 + 27.176 = NT$403 Mil.
Cash Flow from Operations was 7.09 + 4.804 + 107.552 + 175.274 = NT$295 Mil.
Revenue was 534.176 + 734.104 + 801.891 + 507.457 = NT$2,578 Mil.
Gross Profit was 181.244 + 268.273 + 270.801 + 169.39 = NT$890 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(3915.775 + 3956.377 + 4098.395 + 4082.431 + 4197.458) / 5 = NT$4050.0872 Mil.
Total Assets at the begining of this year (Dec24) was NT$3,916 Mil.
Long-Term Debt & Capital Lease Obligation was NT$47 Mil.
Total Current Assets was NT$1,260 Mil.
Total Current Liabilities was NT$423 Mil.
Net Income was 161.132 + 76.439 + 100.284 + 39.825 = NT$378 Mil.

Revenue was 608.482 + 713.323 + 818.037 + 528.197 = NT$2,668 Mil.
Gross Profit was 195.363 + 279.446 + 317.625 + 177.244 = NT$970 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(4071.116 + 0 + 4505.828 + 0 + 3915.775) / 5 = NT$4164.23966667 Mil.
Total Assets at the begining of last year (Dec23) was NT$4,071 Mil.
Long-Term Debt & Capital Lease Obligation was NT$55 Mil.
Total Current Assets was NT$751 Mil.
Total Current Liabilities was NT$612 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.

Lucky Royal Co's current Net Income (TTM) was 403. ==> 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.

Lucky Royal Co's current Cash Flow from Operations (TTM) was 295. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=403.431/3915.775
=0.10302711

ROA (Last Year)=Net Income/Total Assets (Dec23)
=377.68/4071.116
=0.09277063

Lucky Royal Co's return on assets of this year was 0.10302711. Lucky Royal Co's return on assets of last year was 0.09277063. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Lucky Royal Co's current Net Income (TTM) was 403. Lucky Royal Co's current Cash Flow from Operations (TTM) was 295. ==> 295 <= 403 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=46.796/4050.0872
=0.01155432

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=54.795/4164.23966667
=0.01315846

Lucky Royal Co's gearing of this year was 0.01155432. Lucky Royal Co's gearing of last year was 0.01315846. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=1259.725/423.17
=2.97687691

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=751.138/611.772
=1.22780709

Lucky Royal Co's current ratio of this year was 2.97687691. Lucky Royal Co's current ratio of last year was 1.22780709. ==> 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.

Lucky Royal Co's number of shares in issue this year was 77.802. Lucky Royal Co's number of shares in issue last year was 70.006. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=889.708/2577.628
=0.3451654

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=969.678/2668.039
=0.36344221

Lucky Royal Co's gross margin of this year was 0.3451654. Lucky Royal Co's gross margin of last year was 0.36344221. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2577.628/3915.775
=0.65826765

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2668.039/4071.116
=0.65535814

Lucky Royal Co's asset turnover of this year was 0.65826765. Lucky Royal Co's asset turnover of last year was 0.65535814. ==> 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+1+1+0+1+1+0+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Lucky Royal Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Lucky Royal Co (TPE:7791) has a Piotroski F-Score of 6 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lucky Royal Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Lucky Royal Co's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Lucky Royal Co ranks #509 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 26.6%.
Is Lucky Royal Co's Piotroski F-Score too high?
Lucky Royal Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Lucky Royal Co's value of 6 is 20% above this industry median. Based on the distribution chart, Lucky Royal Co ranks #509 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lucky Royal Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Lucky Royal Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lucky Royal Co ranks #509 out of 1913 companies for Piotroski F-Score. This puts Lucky Royal Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Lucky Royal Co's value of 6 is 20% above this benchmark. Historically, Lucky Royal Co's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lucky Royal 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 1,913 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. Lucky Royal Co's current Piotroski F-Score of 6 is 20% 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 Lucky Royal 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. Lucky Royal Co's current Piotroski F-Score is 6, which is near 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 Lucky Royal Co stock overvalued right now?
Lucky Royal Co (TPE:7791) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Lucky Royal Co's overall GF Score™ is 23/100 with 2 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 Lucky Royal Co (TPE:7791), the current Piotroski F-Score is 6 as of Jul. 05, 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.

Lucky Royal Co Business Description

Address Chongqing North Road, 4th Floor, No. 338, Section 3, Datong District, Taipei, TWN, 103250
Lucky Royal Co Ltd company's crucial business activities includes the manufacturing, wholesale, and Retail of the dairy products, Noodles and vermicelli, and food ice, as well as leasing, restaurant operations, and the import of tobacco and alcohol. The company has three reportable segment includes, Ice cream department which includes manufacturing and sales of various types of ice cream; Food department which includes manufacturing and sales of frozen prepared food; and Catering department which includes wholesale and retail of tobacco products and alcohol. The majority of revenue comes from Ice cream products segment. The company has presence in Taiwan, China, and others of which majority of revenue comes from Taiwan.
23GF Score

Get the complete analysis for TPE:7791

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$62.70
Price