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Taiwan Taxi CoROCO:2640 +1.92%87 Piotroski F-Score is 5 as of Sep. 17, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates ROCO:2640 with a GF Score™ of 87/100 and a GF Value™ of NT$138.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 991 Transportation companies, Taiwan Taxi Co ranks worse than 51.56% 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
Taiwan Taxi 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 Taiwan Taxi Co's Piotroski F-Score or its related term are showing as below:
ROCO:2640'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Taiwan Taxi Co was 9. The lowest was 5. And the median was 7.
Taiwan Taxi Co (ROCO:2640) 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.
Taiwan Taxi Co Piotroski F-Score Related Terms
Taiwan Taxi Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Taiwan Taxi 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:2640 vs UNP, CSX, NSC: Piotroski F-Score Comparison
For the Railroads subindustry, Taiwan Taxi 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.
Taiwan Taxi Co Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Taxi Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Taiwan Taxi 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 128.424 + 148.168 + 140 + 147.745 = NT$564 Mil. Cash Flow from Operations was 141.657 + 261.225 + 172.248 + 185.449 = NT$761 Mil. Revenue was 770.478 + 843.016 + 815.153 + 850.305 = NT$3,279 Mil. Gross Profit was 388.51 + 433.737 + 408.743 + 423.031 = NT$1,654 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4014.396 + 4050.47 + 4304.669 + 3954.548 + 4091.9) / 5 = NT$4083.1966 Mil. Total Assets at the begining of this year (Jun25) was NT$4,014 Mil. Long-Term Debt & Capital Lease Obligation was NT$3 Mil. Total Current Assets was NT$1,905 Mil. Total Current Liabilities was NT$1,679 Mil.
Net Income was 146.476 + 149.194 + 127.296 + 129.98 = NT$553 Mil.
Revenue was 751.891 + 796.569 + 772.936 + 767.926 = NT$3,089 Mil. Gross Profit was 377.113 + 408.502 + 368.949 + 377.891 = NT$1,532 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(3645.673 + 3474.333 + 3898.352 + 3962.239 + 4014.396) / 5 = NT$3798.9986 Mil. Total Assets at the begining of last year (Jun24) was NT$3,646 Mil. Long-Term Debt & Capital Lease Obligation was NT$28 Mil. Total Current Assets was NT$1,765 Mil. Total Current Liabilities was NT$1,477 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.
Taiwan Taxi Co's current Net Income (TTM) was 564.
==> 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.
Taiwan Taxi Co's return on assets of this year was 0.14057831. Taiwan Taxi Co's return on assets of last year was 0.15167186.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Taiwan Taxi Co's gearing of this year was 0.00062353. Taiwan Taxi Co's gearing of last year was 0.00731693.
==> 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
Taiwan Taxi Co's current ratio of this year was 1.13437725. Taiwan Taxi Co's current ratio of last year was 1.19471958.
==> 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.
Taiwan Taxi Co's number of shares in issue this year was 59.33. Taiwan Taxi Co's number of shares in issue last year was 59.32.
==> 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.
Taiwan Taxi Co's gross margin of this year was 0.50443587. Taiwan Taxi Co's gross margin of last year was 0.49604897.
==> 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
Taiwan Taxi Co's asset turnover of this year was 0.81679834. Taiwan Taxi Co's asset turnover of last year was 0.84739416.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Taiwan Taxi Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Taiwan Taxi Co (ROCO:2640) has a Piotroski F-Score of 5 as of Sep. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Taiwan Taxi Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Taiwan Taxi Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Taiwan Taxi Co ranks #511 out of 991 companies in the Transportation industry, placing it in the top 51.6%.
Is Taiwan Taxi Co's Piotroski F-Score too high?
Taiwan Taxi Co's current Piotroski F-Score of 5 is 29% below 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 9.00. The Transportation industry median Piotroski F-Score is 6.00. Taiwan Taxi Co's value of 5 is 16.7% below this industry median. Based on the distribution chart, Taiwan Taxi Co ranks #511 out of 991 companies in the Transportation industry, which is below the industry midpoint. Overall, Taiwan Taxi Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Taxi Co's Piotroski F-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan Taxi Co ranks #511 out of 991 companies for Piotroski F-Score. This places Taiwan Taxi Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Taiwan Taxi Co's value of 5 is 16.7% below this benchmark. Historically, Taiwan Taxi Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Taiwan Taxi 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 991 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. Taiwan Taxi Co's current Piotroski F-Score of 5 is 16.7% 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 Taiwan Taxi Co and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Taxi Co's current Piotroski F-Score is 5, which is 29% below 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 Taiwan Taxi Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Taxi Co (ROCO:2640) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$138.39, compared to a current price of NT$159.00 — trading 14.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 16.7% below the Transportation industry median of 6.00. Taiwan Taxi Co's overall GF Score™ is 87/100 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 Taiwan Taxi Co (ROCO:2640), the current Piotroski F-Score is 5 as of Sep. 17, 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 Taiwan Taxi Co (ROCO:2640) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Taxi Co stock appears to be overvalued.
The current stock price of NT$159.00 is trading 14.9% above its estimated GF Value™ of NT$138.39.
GuruFocus considers Taiwan Taxi Co to be Modestly Overvalued.
Key valuation signals for ROCO:2640:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: NT$138.39 vs. price of NT$159.00 (14.9% above fair value)
Industry Position: 16.7% below the Transportation median (#511 of 991)
No single metric tells the full story. See the ROCO:2640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.
87GF Score
Get the complete analysis for ROCO:2640
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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