YJN Co (ROCO:3191) Piotroski F-Score: 7 (As of Jul. 12, 2026) — 40% Above Median


ROCO:3191 YJN Co Ltd ROCO:3191
55 GF Score
Price NT$18.80
GF Value NT$15.25
Valuation Modestly Overvalued
! 4 Warning Signs
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What is YJN Co Piotroski F-Score?

YJN Co ROCO:3191 55 Piotroski F-Score is 7 as of Jul. 12, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates ROCO:3191 with a GF Score™ of 55/100 and a GF Value™ of NT$15.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,434 Hardware companies, YJN Co ranks better than 91.21% 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

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

ROCO:3191' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of YJN Co was 7. The lowest was 3. And the median was 5.

YJN Co  (ROCO:3191) 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.


YJN Co Piotroski F-Score Related Terms


YJN Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for YJN 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.

YJN Co Piotroski F-Score Chart

YJN 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 7.00 6.00 3.00 5.00 7.00

YJN Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only 5.00 6.00 6.00 6.00 7.00

ROCO:3191 vs APH, GLW: Piotroski F-Score Comparison

For the Electronic Components subindustry, YJN 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.


YJN Co Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, YJN Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:3191
55GF Score
YJN Co Ltd ROCO:3191
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 -1.75 + -21.819 + 47.5 + -1.908 = NT$22.0 Mil.
Cash Flow from Operations was -0.673 + -35.293 + -53.835 + 0.786 = NT$-89.0 Mil.
Revenue was 41.438 + 42.294 + 47.382 + 37.413 = NT$168.5 Mil.
Gross Profit was 9.923 + 8.391 + 10.537 + 11.012 = NT$39.9 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(413.513 + 405.864 + 371.458 + 358.958 + 360.229) / 5 = NT$382.0044 Mil.
Total Assets at the begining of this year (Dec24) was NT$413.5 Mil.
Long-Term Debt & Capital Lease Obligation was NT$70.7 Mil.
Total Current Assets was NT$220.3 Mil.
Total Current Liabilities was NT$35.7 Mil.
Net Income was -7.314 + -6.805 + -6.088 + -4.519 = NT$-24.7 Mil.

Revenue was 39.862 + 42.427 + 50.834 + 49.566 = NT$182.7 Mil.
Gross Profit was 3.134 + 9.308 + 12.552 + 11.602 = NT$36.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(473.32 + 456.809 + 450.028 + 440.218 + 413.513) / 5 = NT$446.7776 Mil.
Total Assets at the begining of last year (Dec23) was NT$473.3 Mil.
Long-Term Debt & Capital Lease Obligation was NT$83.4 Mil.
Total Current Assets was NT$258.3 Mil.
Total Current Liabilities was NT$45.0 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.

YJN Co's current Net Income (TTM) was 22.0. ==> 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.

YJN Co's current Cash Flow from Operations (TTM) was -89.0. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=22.023/413.513
=0.0532583

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-24.726/473.32
=-0.0522395

YJN Co's return on assets of this year was 0.0532583. YJN Co's return on assets of last year was -0.0522395. ==> 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.

YJN Co's current Net Income (TTM) was 22.0. YJN Co's current Cash Flow from Operations (TTM) was -89.0. ==> -89.0 <= 22.0 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=70.745/382.0044
=0.1851942

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=83.425/446.7776
=0.18672601

YJN Co's gearing of this year was 0.1851942. YJN Co's gearing of last year was 0.18672601. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=220.345/35.671
=6.1771467

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=258.287/44.965
=5.74417881

YJN Co's current ratio of this year was 6.1771467. YJN Co's current ratio of last year was 5.74417881. ==> 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.

YJN Co's number of shares in issue this year was 43.597. YJN Co's number of shares in issue last year was 43.597. ==> 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
=39.863/168.527
=0.23653777

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=36.596/182.689
=0.20031857

YJN Co's gross margin of this year was 0.23653777. YJN Co's gross margin of last year was 0.20031857. ==> 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)
=168.527/413.513
=0.40754946

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=182.689/473.32
=0.38597355

YJN Co's asset turnover of this year was 0.40754946. YJN Co's asset turnover of last year was 0.38597355. ==> 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+0+1+0+1+1+1+1+1
=7

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

YJN 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?
YJN Co (ROCO:3191) has a Piotroski F-Score of 7 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on YJN Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, YJN Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, YJN Co ranks #214 out of 2434 companies in the Hardware industry, placing it in the top 8.8%.
Is YJN Co's Piotroski F-Score too high?
YJN Co's current Piotroski F-Score of 7 is 40% above 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 Hardware industry median Piotroski F-Score is 5.00. YJN Co's value of 7 is 40% above this industry median. Based on the distribution chart, YJN Co ranks #214 out of 2434 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, YJN Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YJN Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, YJN Co ranks #214 out of 2434 companies for Piotroski F-Score. This places YJN Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. YJN Co's value of 7 is 40% above this benchmark. Historically, YJN 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, YJN 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,434 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. YJN 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 YJN Co and its competitors. For the Hardware 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. YJN Co's current Piotroski F-Score is 7, which is 40% above 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 YJN Co stock overvalued right now?
Based on GuruFocus' analysis, YJN Co (ROCO:3191) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.25, compared to a current price of NT$18.80 — trading 23.3% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Hardware industry median of 5.00. YJN Co's overall GF Score™ is 55/100 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 YJN Co (ROCO:3191), the current Piotroski F-Score is 7 as of Jul. 12, 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 YJN Co (ROCO:3191) Overvalued in 2026?

Based on GuruFocus' analysis, YJN Co stock appears to be overvalued. The current stock price of NT$18.80 is trading 23.3% above its estimated GF Value™ of NT$15.25. GuruFocus considers YJN Co to be Modestly Overvalued.

Key valuation signals for ROCO:3191:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: NT$15.25 vs. price of NT$18.80 (23.3% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 40% above the Hardware median (#214 of 2434)

No single metric tells the full story. See the ROCO:3191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YJN Co Business Description

Address Sec. 1, Zhonghua Road, 6th Floor- 8th, No. 7, Zhongzheng District, Taipei, TWN, 10043
YJN Co Ltd is a Taiwan-based company engaged in the production and sales of electronic components and electronic materials, as well as import and export trade. The company operates in single segment which is Plastic electronics segment.
55GF Score

Get the complete analysis for ROCO:3191

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

NT$18.80
Price
NT$15.25
GF Value