Micro Silicon Electronics Co (TPE:8162) Piotroski F-Score: 7 (As of Jul. 06, 2026) — Near Median


TPE:8162 Micro Silicon Electronics Co Ltd TPE:8162
54 GF Score
Price NT$85.80
GF Value NT$44.55
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Micro Silicon Electronics Co Piotroski F-Score?

Micro Silicon Electronics Co TPE:8162 +8.33% 54 Piotroski F-Score is 7 as of Jul. 06, 2026, which is at its 10-year median of 7.00. GuruFocus rates TPE:8162 with a GF Score™ of 54/100 and a GF Value™ of NT$44.55 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 989 Semiconductors companies, Micro Silicon Electronics Co ranks better than 93.23% 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

Micro Silicon Electronics 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 Micro Silicon Electronics Co's Piotroski F-Score or its related term are showing as below:

TPE:8162' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 7

During the past 8 years, the highest Piotroski F-Score of Micro Silicon Electronics Co was 8. The lowest was 5. And the median was 7.

Micro Silicon Electronics Co  (TPE:8162) 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.


Micro Silicon Electronics Co Piotroski F-Score Related Terms


Micro Silicon Electronics Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Micro Silicon Electronics 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.

Micro Silicon Electronics Co Piotroski F-Score Chart

Micro Silicon Electronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 5.00 8.00 7.00

Micro Silicon Electronics Co Quarterly Data
Dec18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 N/A 6.00 7.00 7.00

TPE:8162 vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, Micro Silicon Electronics 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.


Micro Silicon Electronics Co Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micro Silicon Electronics Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Micro Silicon Electronics Co's Piotroski F-Score falls into.


TPE:8162
54GF Score
Micro Silicon Electronics Co Ltd TPE:8162
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 20.537 + 40.112 + 44.26 + 2.632 = NT$108 Mil.
Cash Flow from Operations was 76.719 + 95.029 + 100.37 + 133.818 = NT$406 Mil.
Revenue was 297.878 + 339.749 + 349.022 + 288.124 = NT$1,275 Mil.
Gross Profit was 70.247 + 104.824 + 97.903 + 48.215 = NT$321 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(2437.327 + 2470.862 + 2495.976 + 2565.935 + 2540.654) / 5 = NT$2502.1508 Mil.
Total Assets at the begining of this year (Dec24) was NT$2,437 Mil.
Long-Term Debt & Capital Lease Obligation was NT$677 Mil.
Total Current Assets was NT$704 Mil.
Total Current Liabilities was NT$360 Mil.
Net Income was 11.18 + -0.996 + 43.458 + 33.499 = NT$87 Mil.

Revenue was 242.113 + 236.863 + 289.731 + 295.445 = NT$1,064 Mil.
Gross Profit was 46.437 + 29.328 + 70.462 + 66.138 = NT$212 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(2166.362 + 2281.822 + 2310.559 + 2320.4 + 2437.327) / 5 = NT$2303.294 Mil.
Total Assets at the begining of last year (Dec23) was NT$2,166 Mil.
Long-Term Debt & Capital Lease Obligation was NT$567 Mil.
Total Current Assets was NT$724 Mil.
Total Current Liabilities was NT$400 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.

Micro Silicon Electronics Co's current Net Income (TTM) was 108. ==> 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.

Micro Silicon Electronics Co's current Cash Flow from Operations (TTM) was 406. ==> 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)
=107.541/2437.327
=0.04412252

ROA (Last Year)=Net Income/Total Assets (Dec23)
=87.141/2166.362
=0.04022458

Micro Silicon Electronics Co's return on assets of this year was 0.04412252. Micro Silicon Electronics Co's return on assets of last year was 0.04022458. ==> 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.

Micro Silicon Electronics Co's current Net Income (TTM) was 108. Micro Silicon Electronics Co's current Cash Flow from Operations (TTM) was 406. ==> 406 > 108 ==> CFROA > ROA ==> Score 1.

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
=677.221/2502.1508
=0.27065555

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=567.485/2303.294
=0.24637975

Micro Silicon Electronics Co's gearing of this year was 0.27065555. Micro Silicon Electronics Co's gearing of last year was 0.24637975. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=704.309/359.902
=1.95694661

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=724.058/400.07
=1.80982828

Micro Silicon Electronics Co's current ratio of this year was 1.95694661. Micro Silicon Electronics Co's current ratio of last year was 1.80982828. ==> 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.

Micro Silicon Electronics Co's number of shares in issue this year was 68.984. Micro Silicon Electronics Co's number of shares in issue last year was 68.924. ==> 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
=321.189/1274.773
=0.2519578

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=212.365/1064.152
=0.19956266

Micro Silicon Electronics Co's gross margin of this year was 0.2519578. Micro Silicon Electronics Co's gross margin of last year was 0.19956266. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=1274.773/2437.327
=0.52302092

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1064.152/2166.362
=0.49121615

Micro Silicon Electronics Co's asset turnover of this year was 0.52302092. Micro Silicon Electronics Co's asset turnover of last year was 0.49121615. ==> 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+1+0+1+0+1+1
=7

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

Micro Silicon Electronics Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Micro Silicon Electronics Co (TPE:8162) has a Piotroski F-Score of 7 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Micro Silicon Electronics Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Micro Silicon Electronics Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Micro Silicon Electronics Co ranks #67 out of 989 companies in the Semiconductors industry, placing it in the top 6.8%.
Is Micro Silicon Electronics Co's Piotroski F-Score too high?
Micro Silicon Electronics Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Semiconductors industry median Piotroski F-Score is 5.00. Micro Silicon Electronics Co's value of 7 is 40% above this industry median. Based on the distribution chart, Micro Silicon Electronics Co ranks #67 out of 989 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micro Silicon Electronics Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micro Silicon Electronics Co's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Micro Silicon Electronics Co ranks #67 out of 989 companies for Piotroski F-Score. This places Micro Silicon Electronics Co in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Micro Silicon Electronics Co's value of 7 is 40% above this benchmark. Historically, Micro Silicon Electronics Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Micro Silicon Electronics 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Micro Silicon Electronics 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 Micro Silicon Electronics 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. Micro Silicon Electronics Co's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Silicon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Micro Silicon Electronics Co (TPE:8162) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.55, compared to a current price of NT$85.80 — trading 92.6% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Semiconductors industry median of 5.00. Micro Silicon Electronics Co's overall GF Score™ is 54/100 with 9 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 Micro Silicon Electronics Co (TPE:8162), the current Piotroski F-Score is 7 as of Jul. 06, 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 Micro Silicon Electronics Co (TPE:8162) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Silicon Electronics Co stock appears to be overvalued. The current stock price of NT$85.80 is trading 92.6% above its estimated GF Value™ of NT$44.55. GuruFocus considers Micro Silicon Electronics Co to be Significantly Overvalued.

Key valuation signals for TPE:8162:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: NT$44.55 vs. price of NT$85.80 (92.6% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 40% above the Semiconductors median (#67 of 989)

No single metric tells the full story. See the TPE:8162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Silicon Electronics Co Business Description

Address No. 230, Youyi Road, Miaoli County, Zhunan Township, TWN
Micro Silicon Electronics Co Ltd is mainly engaged in design, processing, testing, manufacturing and trading of various integrated circuits. The Company operates business only in a single industry. The company's products and services includes Semiconductor testing services, Wafer thinning services, Semiconductor packaging services. The company has presence in Taiwan, America, Asia, and Eurpoe. The company generates majority of revenue from Taiwan.
54GF Score

Get the complete analysis for TPE:8162

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

NT$85.80
Price
NT$44.55
GF Value