KNH Enterprise CoTPE:9919 -2.52%63 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TPE:9919 with a GF Score™ of 63/100 and a GF Value™ of NT$15.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, KNH Enterprise Co ranks worse than 66.93% 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
KNH Enterprise Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for KNH Enterprise Co's Piotroski F-Score or its related term are showing as below:
TPE:9919'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of KNH Enterprise Co was 7. The lowest was 3. And the median was 5.
KNH Enterprise Co (TPE:9919) 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.
KNH Enterprise Co Piotroski F-Score Related Terms
KNH Enterprise Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for KNH Enterprise 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:9919 vs PG, CL, KVUE: Piotroski F-Score Comparison
For the Household & Personal Products subindustry, KNH Enterprise 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.
KNH Enterprise Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, KNH Enterprise Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where KNH Enterprise 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 48.718 + -156.363 + -182.671 + -183.672 = NT$-474 Mil. Cash Flow from Operations was 27.787 + -100.783 + -4.685 + -20.294 = NT$-98 Mil. Revenue was 677.65 + 637.745 + 689.363 + 661.111 = NT$2,666 Mil. Gross Profit was 51.984 + 29.394 + 6.468 + -20.796 = NT$67 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(6687.782 + 6445.66 + 6203.49 + 6153.541 + 6056.017) / 5 = NT$6309.298 Mil. Total Assets at the begining of this year (Dec24) was NT$6,688 Mil. Long-Term Debt & Capital Lease Obligation was NT$2,502 Mil. Total Current Assets was NT$2,763 Mil. Total Current Liabilities was NT$1,334 Mil.
Net Income was -94.318 + -76.868 + -117.854 + -79.425 = NT$-368 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.
KNH Enterprise Co's current Net Income (TTM) was -474.
==> Negative ==> Score 0.
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.
KNH Enterprise Co's return on assets of this year was -0.07087372. KNH Enterprise Co's return on assets of last year was -0.04676312.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
KNH Enterprise Co's gearing of this year was 0.39657645. KNH Enterprise Co's gearing of last year was 0.29499557.
==> 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
KNH Enterprise Co's current ratio of this year was 2.07115382. KNH Enterprise Co's current ratio of last year was 1.79147225.
==> 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.
KNH Enterprise Co's number of shares in issue this year was 195.363. KNH Enterprise Co's number of shares in issue last year was 195.363.
==> 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.
KNH Enterprise Co's gross margin of this year was 0.02515127. KNH Enterprise Co's gross margin of last year was 0.11632588.
==> 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
KNH Enterprise Co's asset turnover of this year was 0.39861781. KNH Enterprise Co's asset turnover of last year was 0.37277707.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
KNH Enterprise Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
KNH Enterprise Co (TPE:9919) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on KNH Enterprise Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, KNH Enterprise Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, KNH Enterprise Co ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is KNH Enterprise Co's Piotroski F-Score too high?
KNH Enterprise Co's current Piotroski F-Score of 4 is 20% 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. KNH Enterprise Co's value of 4 is 20% below this industry median. Based on the distribution chart, KNH Enterprise Co ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, KNH Enterprise Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KNH Enterprise Co's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, KNH Enterprise Co ranks #1279 out of 1911 companies for Piotroski F-Score. This places KNH Enterprise Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. KNH Enterprise Co's value of 4 is 20% below this benchmark. Historically, KNH Enterprise 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, KNH Enterprise 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. KNH Enterprise Co's current Piotroski F-Score of 4 is 20% 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 KNH Enterprise 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. KNH Enterprise Co's current Piotroski F-Score is 4, which is 20% 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 KNH Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, KNH Enterprise Co (TPE:9919) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.91, compared to a current price of NT$13.55 — trading 14.8% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Consumer Packaged Goods industry median of 5.00. KNH Enterprise Co's overall GF Score™ is 63/100 with 5 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 KNH Enterprise Co (TPE:9919), the current Piotroski F-Score is 4 as of Jun. 27, 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 KNH Enterprise Co (TPE:9919) Overvalued in 2026?
Based on GuruFocus' analysis, KNH Enterprise Co stock appears to be undervalued.
The current stock price of NT$13.55 is trading 14.8% below its estimated GF Value™ of NT$15.91.
GuruFocus considers KNH Enterprise Co to be Modestly Undervalued.
Key valuation signals for TPE:9919:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: NT$15.91 vs. price of NT$13.55 (14.8% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1279 of 1911)
No single metric tells the full story. See the TPE:9919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KNH Enterprise Co Ltd is a Taiwan-based company that engages in the manufacturing and sale of household goods, non-woven fabric products, and machinery equipment. The company's business is segregated into sanitary products, environmental protection technology, and machinery equipment. It generates maximum revenue from the sale of Sanitary products which include maternity and child hygiene products, health care products, breathing mask and medical dressing products, and non-woven fabric products. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China, Hong Kong, the United Kingdom, India, Japan, and other regions.
63GF Score
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