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Bin Chuan Enterprise CoROCO:1569 -1.08%63 Piotroski F-Score is 5 as of Sep. 01, 2026, which is at its 10-year median of 5.00. GuruFocus rates ROCO:1569 with a GF Score™ of 63/100 and a GF Value™ of NT$45.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,992 Industrial Products companies, Bin Chuan Enterprise Co ranks better than 56.15% 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
Bin Chuan Enterprise 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 Bin Chuan Enterprise Co's Piotroski F-Score or its related term are showing as below:
ROCO:1569'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Bin Chuan Enterprise Co was 8. The lowest was 2. And the median was 5.
Bin Chuan Enterprise Co (ROCO:1569) 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.
Bin Chuan Enterprise Co Piotroski F-Score Related Terms
Bin Chuan Enterprise Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Bin Chuan 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.
ROCO:1569 vs ATI, CRS, MLI: Piotroski F-Score Comparison
For the Metal Fabrication subindustry, Bin Chuan 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.
Bin Chuan Enterprise Co Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bin Chuan Enterprise Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bin Chuan 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was -120.409 + -145.794 + -101.749 + -135.227 = NT$-503 Mil. Cash Flow from Operations was -200.153 + -68.086 + -92.075 + -298.203 = NT$-659 Mil. Revenue was 809.451 + 760.508 + 806.019 + 818.977 = NT$3,195 Mil. Gross Profit was 1.968 + -28.995 + 57.579 + 53.183 = NT$84 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(5931.719 + 6092.946 + 6330.612 + 6653.422 + 6993.017) / 5 = NT$6400.3432 Mil. Total Assets at the begining of this year (Jun25) was NT$5,932 Mil. Long-Term Debt & Capital Lease Obligation was NT$661 Mil. Total Current Assets was NT$4,010 Mil. Total Current Liabilities was NT$3,098 Mil.
Net Income was -119.894 + -116.798 + -161.676 + -276.342 = NT$-675 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.
Bin Chuan Enterprise Co's current Net Income (TTM) was -503.
==> 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.
Score 1 if positive, 0 if negative.
Bin Chuan Enterprise Co's current Cash Flow from Operations (TTM) was -659.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Bin Chuan Enterprise Co's return on assets of this year was -0.08482853. Bin Chuan Enterprise Co's return on assets of last year was -0.10610475.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bin Chuan Enterprise Co's gearing of this year was 0.10324946. Bin Chuan Enterprise Co's gearing of last year was 0.12564415.
==> 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
Bin Chuan Enterprise Co's current ratio of this year was 1.29431839. Bin Chuan Enterprise Co's current ratio of last year was 1.13031249.
==> 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.
Bin Chuan Enterprise Co's number of shares in issue this year was 143.859. Bin Chuan Enterprise Co's number of shares in issue last year was 121.447.
==> 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.
Bin Chuan Enterprise Co's gross margin of this year was 0.02620851. Bin Chuan Enterprise Co's gross margin of last year was 0.01005484.
==> 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
Bin Chuan Enterprise Co's asset turnover of this year was 0.53862211. Bin Chuan Enterprise Co's asset turnover of last year was 0.5348792.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Que. 1
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bin Chuan Enterprise Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Bin Chuan Enterprise Co (ROCO:1569) has a Piotroski F-Score of 5 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bin Chuan Enterprise Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Bin Chuan Enterprise Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Bin Chuan Enterprise Co ranks #1312 out of 2992 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Bin Chuan Enterprise Co's Piotroski F-Score too high?
Bin Chuan Enterprise Co's current Piotroski F-Score of 5 is near 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 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Bin Chuan Enterprise Co's value of 5 is 0% at this industry median. Based on the distribution chart, Bin Chuan Enterprise Co ranks #1312 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bin Chuan Enterprise Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bin Chuan Enterprise Co's Piotroski F-Score compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Bin Chuan Enterprise Co ranks #1312 out of 2992 companies for Piotroski F-Score. This puts Bin Chuan Enterprise Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Bin Chuan Enterprise Co's value of 5 is 0% at this benchmark. Historically, Bin Chuan Enterprise Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Bin Chuan Enterprise 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,992 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. Bin Chuan Enterprise 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 Bin Chuan Enterprise 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. Bin Chuan Enterprise Co's current Piotroski F-Score is 5, which is near 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 Bin Chuan Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Bin Chuan Enterprise Co (ROCO:1569) is currently considered Fairly Valued. The stock's GF Value™ is NT$45.32, compared to a current price of NT$45.80 — trading 1.1% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Bin Chuan Enterprise Co's overall GF Score™ is 63/100 with 6 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 Bin Chuan Enterprise Co (ROCO:1569), the current Piotroski F-Score is 5 as of Sep. 01, 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 Bin Chuan Enterprise Co (ROCO:1569) Overvalued in 2026?
Based on GuruFocus' analysis, Bin Chuan Enterprise Co stock appears to be overvalued.
The current stock price of NT$45.80 is trading 1.1% above its estimated GF Value™ of NT$45.32.
GuruFocus considers Bin Chuan Enterprise Co to be Fairly Valued.
Key valuation signals for ROCO:1569:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: NT$45.32 vs. price of NT$45.80 (1.1% above fair value)
Industry Position: 0% at the Industrial Products median (#1312 of 2992)
No single metric tells the full story. See the ROCO:1569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bin Chuan Enterprise Co Ltd is mainly engaged in manufacturing, processing and sales of semi-automatic punching net machinery, audio decoration nets, and molds, and purchasing and sales of stamped parts for computer peripherals. Its segments are Metal Business Department which produces and sells computer, audio, and other hardware products and components; Plastics Business Department which Processes and produces in plastic injection molding, and sales of precision plastic components for electronics and electrical products; and Other business departments. Majority of revenue comes from Metal Business Department. It has presence in Taiwan, and Asia.
63GF Score
Get the complete analysis for ROCO:1569
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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