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Megaforce CoROCO:3294 +1.79%62 Piotroski F-Score is 6 as of Aug. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates ROCO:3294 with a GF Score™ of 62/100 and a GF Value™ of NT$29.30 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,441 Hardware companies, Megaforce Co ranks better than 77.71% 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
Megaforce Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Megaforce Co's Piotroski F-Score or its related term are showing as below:
ROCO:3294'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Megaforce Co was 9. The lowest was 2. And the median was 6.
Megaforce Co (ROCO:3294) 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.
Megaforce Co Piotroski F-Score Related Terms
Megaforce Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Megaforce 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:3294 vs APH, GLW, TEL: Piotroski F-Score Comparison
For the Electronic Components subindustry, Megaforce 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.
Megaforce Co Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Megaforce Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Megaforce 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 60.021 + 12.153 + -59.584 + -12.008 = NT$1 Mil. Cash Flow from Operations was -7.917 + 150.803 + 165.937 + 21.525 = NT$330 Mil. Revenue was 1092.432 + 880.365 + 680.593 + 785.843 = NT$3,439 Mil. Gross Profit was 213.314 + 148.527 + 39.603 + 78.641 = NT$480 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4357.114 + 4782.588 + 4873.083 + 5083.009 + 5420.348) / 5 = NT$4903.2284 Mil. Total Assets at the begining of this year (Jun25) was NT$4,357 Mil. Long-Term Debt & Capital Lease Obligation was NT$613 Mil. Total Current Assets was NT$3,571 Mil. Total Current Liabilities was NT$1,408 Mil.
Net Income was 15.32 + 38.041 + -70.354 + -66.197 = NT$-83 Mil.
Revenue was 1208.427 + 1076.165 + 678.957 + 917.203 = NT$3,881 Mil. Gross Profit was 205.375 + 167.222 + 31.339 + 124.752 = NT$529 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(5165.691 + 5208.855 + 5036.83 + 4738.422 + 4357.114) / 5 = NT$4901.3824 Mil. Total Assets at the begining of last year (Jun24) was NT$5,166 Mil. Long-Term Debt & Capital Lease Obligation was NT$348 Mil. Total Current Assets was NT$3,215 Mil. Total Current Liabilities was NT$1,260 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.
Megaforce Co's current Net Income (TTM) was 1.
==> 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.
Megaforce Co's return on assets of this year was 0.00013357. Megaforce Co's return on assets of last year was -0.01610433.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Megaforce Co's gearing of this year was 0.12508677. Megaforce Co's gearing of last year was 0.07106934.
==> 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
Megaforce Co's current ratio of this year was 2.53616389. Megaforce Co's current ratio of last year was 2.55108722.
==> 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.
Megaforce Co's number of shares in issue this year was 133.422. Megaforce Co's number of shares in issue last year was 132.394.
==> 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.
Megaforce Co's gross margin of this year was 0.13959072. Megaforce Co's gross margin of last year was 0.13623339.
==> 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
Megaforce Co's asset turnover of this year was 0.78933739. Megaforce Co's asset turnover of last year was 0.75125516.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Megaforce Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Megaforce Co (ROCO:3294) has a Piotroski F-Score of 6 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Megaforce Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Megaforce Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Megaforce Co ranks #544 out of 2441 companies in the Hardware industry, placing it in the top 22.3%.
Is Megaforce Co's Piotroski F-Score too high?
Megaforce Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Hardware industry median Piotroski F-Score is 5.00. Megaforce Co's value of 6 is 20% above this industry median. Based on the distribution chart, Megaforce Co ranks #544 out of 2441 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Megaforce Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaforce Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Megaforce Co ranks #544 out of 2441 companies for Piotroski F-Score. This places Megaforce Co in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Megaforce Co's value of 6 is 20% above this benchmark. Historically, Megaforce 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 6.00 vs. the industry median of 5.00, Megaforce 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 2,441 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. Megaforce Co's current Piotroski F-Score of 6 is 20% 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 Megaforce 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. Megaforce Co's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaforce Co stock overvalued right now?
Based on GuruFocus' analysis, Megaforce Co (ROCO:3294) is currently considered Fairly Valued. The stock's GF Value™ is NT$29.30, compared to a current price of NT$31.25 — trading 6.7% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Hardware industry median of 5.00. Megaforce Co's overall GF Score™ is 62/100 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 Megaforce Co (ROCO:3294), the current Piotroski F-Score is 6 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 Megaforce Co (ROCO:3294) Overvalued in 2026?
Based on GuruFocus' analysis, Megaforce Co stock appears to be overvalued.
The current stock price of NT$31.25 is trading 6.7% above its estimated GF Value™ of NT$29.30.
GuruFocus considers Megaforce Co to be Fairly Valued.
Key valuation signals for ROCO:3294:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: NT$29.30 vs. price of NT$31.25 (6.7% above fair value)
Industry Position: 20% above the Hardware median (#544 of 2441)
No single metric tells the full story. See the ROCO:3294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Megaforce Co Ltd is engaged in the manufacture and sales of plastic injection molds, tooling manufacturing, and general import and export trade. The Group's reportable segments comprise the Precision electronics manufacturing segment, the Biomedical and system integration segment, the Fortis biosolutions segment, the Opto-mechatronics segment, and AI application development segment, all of which are the Group's strategic business units (SBUs) that provide different products and services such as design, manufacture, and sale of plastic components, medical devices, opto-mechatronics products and AI application products. The company generates the majority of its revenue from products such as Plastic injections, tools, and others.
62GF Score
Get the complete analysis for ROCO:3294
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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