Wooyang HC Co (XKRX:101970) Piotroski F-Score: 3 (As of Aug. 27, 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:101970 Wooyang HC Co Ltd XKRX:101970
62 GF Score
Price ₩10,830.00
GF Value ₩998.55
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Wooyang HC Co Piotroski F-Score?

Wooyang HC Co XKRX:101970 -0.91% 62 Piotroski F-Score is 3 as of Aug. 27, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates XKRX:101970 with a GF Score™ of 62/100 and a GF Value™ of ₩998.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,985 Industrial Products companies, Wooyang HC Co ranks worse than 83.02% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Wooyang HC 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 Wooyang HC Co's Piotroski F-Score or its related term are showing as below:

XKRX:101970' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of Wooyang HC Co was 9. The lowest was 2. And the median was 5.

Wooyang HC Co  (XKRX:101970) 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.


Wooyang HC Co Piotroski F-Score Related Terms


Wooyang HC Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wooyang HC 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.

Wooyang HC Co Piotroski F-Score Chart

Wooyang HC Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 8.00 7.00 3.00

Wooyang HC Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only 4.00 3.00 3.00 5.00 3.00

XKRX:101970 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, Wooyang HC 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.


Wooyang HC Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wooyang HC Co's Piotroski F-Score distribution charts can be found below:

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


XKRX:101970
62GF Score
Wooyang HC Co Ltd XKRX:101970
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 63.085 + -2209.461 + 4484.474 + 2619.648 = ₩4,958 Mil.
Cash Flow from Operations was -2421.033 + -1316.757 + 2598.694 + 5980.162 = ₩4,841 Mil.
Revenue was 20401.723 + 23415.263 + 31156.578 + 19836.79 = ₩94,810 Mil.
Gross Profit was 2530.339 + 3787.651 + 8095.506 + 3690.58 = ₩18,104 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(235054.955 + 231808.808 + 250655.257 + 246997.569 + 257421.522) / 5 = ₩244387.6222 Mil.
Total Assets at the begining of this year (Jun25) was ₩235,055 Mil.
Long-Term Debt & Capital Lease Obligation was ₩22,156 Mil.
Total Current Assets was ₩102,561 Mil.
Total Current Liabilities was ₩40,264 Mil.
Net Income was 2417.511 + 1365.116 + -1972.873 + -194.584 = ₩1,615 Mil.

Revenue was 34553.744 + 36523.093 + 30036.869 + 27000.712 = ₩128,114 Mil.
Gross Profit was 8565.976 + 7642.965 + 6590.394 + 6291.875 = ₩29,091 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(273798.215 + 261045.455 + 260932.943 + 262911.523 + 235054.955) / 5 = ₩258748.6182 Mil.
Total Assets at the begining of last year (Jun24) was ₩273,798 Mil.
Long-Term Debt & Capital Lease Obligation was ₩24,451 Mil.
Total Current Assets was ₩87,534 Mil.
Total Current Liabilities was ₩23,354 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.

Wooyang HC Co's current Net Income (TTM) was 4,958. ==> 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.

Wooyang HC Co's current Cash Flow from Operations (TTM) was 4,841. ==> 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 (Jun25)
=4957.746/235054.955
=0.02109186

ROA (Last Year)=Net Income/Total Assets (Jun24)
=1615.17/273798.215
=0.00589913

Wooyang HC Co's return on assets of this year was 0.02109186. Wooyang HC Co's return on assets of last year was 0.00589913. ==> 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.

Wooyang HC Co's current Net Income (TTM) was 4,958. Wooyang HC Co's current Cash Flow from Operations (TTM) was 4,841. ==> 4,841 <= 4,958 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=22155.906/244387.6222
=0.09065887

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=24450.748/258748.6182
=0.09449615

Wooyang HC Co's gearing of this year was 0.09065887. Wooyang HC Co's gearing of last year was 0.09449615. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=102560.935/40264.287
=2.54719362

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=87533.881/23353.665
=3.74818603

Wooyang HC Co's current ratio of this year was 2.54719362. Wooyang HC Co's current ratio of last year was 3.74818603. ==> Last year's current ratio is higher ==> Score 0.

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.

Wooyang HC Co's number of shares in issue this year was 14.8. Wooyang HC Co's number of shares in issue last year was 14.968. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=18104.076/94810.354
=0.19095041

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=29091.21/128114.418
=0.2270721

Wooyang HC Co's gross margin of this year was 0.19095041. Wooyang HC Co's gross margin of last year was 0.2270721. ==> 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 (Jun25)
=94810.354/235054.955
=0.40335399

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=128114.418/273798.215
=0.46791546

Wooyang HC Co's asset turnover of this year was 0.40335399. Wooyang HC Co's asset turnover of last year was 0.46791546. ==> Last year's asset turnover is higher ==> Score 0.

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+0+1+0+0
=5

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

Wooyang HC Co has an F-score of 5 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 3 mean?
Wooyang HC Co (XKRX:101970) has a Piotroski F-Score of 3 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wooyang HC Co and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Wooyang HC Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Wooyang HC Co ranks #2478 out of 2985 companies in the Industrial Products industry, placing it in the top 83%.
Is Wooyang HC Co's Piotroski F-Score too high?
Wooyang HC Co's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Wooyang HC Co's value of 3 is 40% below this industry median. Based on the distribution chart, Wooyang HC Co ranks #2478 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wooyang HC Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wooyang HC Co's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wooyang HC Co ranks #2478 out of 2985 companies for Piotroski F-Score. This places Wooyang HC Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Wooyang HC Co's value of 3 is 40% below this benchmark. Historically, Wooyang HC Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Wooyang HC 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,985 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. Wooyang HC Co's current Piotroski F-Score of 3 is 40% 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 Wooyang HC Co and its competitors. For the Industrial Products 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. Wooyang HC Co's current Piotroski F-Score is 3, which is 40% 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 Wooyang HC Co stock overvalued right now?
Based on GuruFocus' analysis, Wooyang HC Co (XKRX:101970) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩998.55, compared to a current price of ₩10,830.00 — trading 984.6% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Industrial Products industry median of 5.00. Wooyang HC Co's overall GF Score™ is 62/100 with 4 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 Wooyang HC Co (XKRX:101970), the current Piotroski F-Score is 3 as of Aug. 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 Wooyang HC Co (XKRX:101970) Overvalued in 2026?

Based on GuruFocus' analysis, Wooyang HC Co stock appears to be overvalued. The current stock price of ₩10,830.00 is trading 984.6% above its estimated GF Value™ of ₩998.55. GuruFocus considers Wooyang HC Co to be Significantly Overvalued.

Key valuation signals for XKRX:101970:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: ₩998.55 vs. price of ₩10,830.00 (984.6% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 40% below the Industrial Products median (#2478 of 2985)

No single metric tells the full story. See the XKRX:101970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wooyang HC Co Business Description

Address 88, Poseung Industrial Complex-ro 118beon-gil, Poseung-eup, Gyeonggi-do, Pyeongtaek-si, KOR, 17960
Wooyang HC Co Ltd is engaged in design, manufacture, and supply large plant equipment to large domestic and international construction and engineering companies including plant industry, chemical and energy. The company is broadly classified into the "chemical plant business" that provides core plant facilities based on Oil & Gas, which is a majority energy source, and the "energy plant business" which provides high-efficiency BOP (Balance of Plant) facilities for power plants.
62GF Score

Get the complete analysis for XKRX:101970

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

₩10,830.00
Price
₩998.55
GF Value