Value Valves Co (ROCO:4580) Piotroski F-Score: 4 (As of Aug. 22, 2026) — 33% Below Median

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ROCO:4580 Value Valves Co Ltd ROCO:4580
85 GF Score
Price NT$78.70
GF Value NT$79.98
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Value Valves Co Piotroski F-Score?

Value Valves Co ROCO:4580 +0.13% 85 Piotroski F-Score is 4 as of Aug. 22, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates ROCO:4580 with a GF Score™ of 85/100 and a GF Value™ of NT$79.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,967 Industrial Products companies, Value Valves Co ranks worse than 65.96% 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

Value Valves Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Value Valves Co's Piotroski F-Score or its related term are showing as below:

ROCO:4580' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 4

During the past 11 years, the highest Piotroski F-Score of Value Valves Co was 7. The lowest was 3. And the median was 6.

Value Valves Co  (ROCO:4580) 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.


Value Valves Co Piotroski F-Score Related Terms


Value Valves Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Value Valves 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.

Value Valves Co Piotroski F-Score Chart

Value Valves 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 3.00 6.00 6.00 6.00

Value Valves Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 5.00 6.00 4.00

ROCO:4580 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Value Valves 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.


Value Valves Co Piotroski F-Score vs Industrial Products Industry

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

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


ROCO:4580
85GF Score
Value Valves Co Ltd ROCO:4580
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 68.209 + 89.631 + 44.36 + 82.541 = NT$285 Mil.
Cash Flow from Operations was 20.151 + 1.433 + 141.087 + 79.57 = NT$242 Mil.
Revenue was 599.729 + 580.322 + 551.85 + 574.221 = NT$2,306 Mil.
Gross Profit was 194.061 + 186.099 + 174.212 + 163.835 = NT$718 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3864.624 + 3801.683 + 3634.728 + 3778.649 + 3890.799) / 5 = NT$3794.0966 Mil.
Total Assets at the begining of this year (Mar25) was NT$3,865 Mil.
Long-Term Debt & Capital Lease Obligation was NT$166 Mil.
Total Current Assets was NT$2,462 Mil.
Total Current Liabilities was NT$692 Mil.
Net Income was 109.884 + 55.456 + 107.503 + 29.943 = NT$303 Mil.

Revenue was 611.528 + 587.746 + 641.671 + 537.228 = NT$2,378 Mil.
Gross Profit was 247.68 + 190.321 + 193.216 + 144.063 = NT$775 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3648.38 + 3815.057 + 3647.201 + 3819.352 + 3864.624) / 5 = NT$3758.9228 Mil.
Total Assets at the begining of last year (Mar24) was NT$3,648 Mil.
Long-Term Debt & Capital Lease Obligation was NT$170 Mil.
Total Current Assets was NT$2,511 Mil.
Total Current Liabilities was NT$813 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.

Value Valves Co's current Net Income (TTM) was 285. ==> 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.

Value Valves Co's current Cash Flow from Operations (TTM) was 242. ==> 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 (Mar25)
=284.741/3864.624
=0.07367884

ROA (Last Year)=Net Income/Total Assets (Mar24)
=302.786/3648.38
=0.0829919

Value Valves Co's return on assets of this year was 0.07367884. Value Valves Co's return on assets of last year was 0.0829919. ==> Last year is higher ==> Score 0.

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.

Value Valves Co's current Net Income (TTM) was 285. Value Valves Co's current Cash Flow from Operations (TTM) was 242. ==> 242 <= 285 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=166.11/3794.0966
=0.04378117

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=170.117/3758.9228
=0.04525685

Value Valves Co's gearing of this year was 0.04378117. Value Valves Co's gearing of last year was 0.04525685. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2462.11/692.216
=3.5568522

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2511.314/813.339
=3.08765964

Value Valves Co's current ratio of this year was 3.5568522. Value Valves Co's current ratio of last year was 3.08765964. ==> 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.

Value Valves Co's number of shares in issue this year was 46.898. Value Valves Co's number of shares in issue last year was 45.368. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=718.207/2306.122
=0.31143495

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=775.28/2378.173
=0.32599815

Value Valves Co's gross margin of this year was 0.31143495. Value Valves Co's gross margin of last year was 0.32599815. ==> 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 (Mar25)
=2306.122/3864.624
=0.5967261

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2378.173/3648.38
=0.65184356

Value Valves Co's asset turnover of this year was 0.5967261. Value Valves Co's asset turnover of last year was 0.65184356. ==> 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+0+0+1+1+0+0+0
=4

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

Value Valves Co has an F-score of 4 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 4 mean?
Value Valves Co (ROCO:4580) has a Piotroski F-Score of 4 as of Aug. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Value Valves Co and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Value Valves Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Value Valves Co ranks #1957 out of 2967 companies in the Industrial Products industry, placing it in the top 66%.
Is Value Valves Co's Piotroski F-Score too high?
Value Valves Co's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Value Valves Co's value of 4 is 20% below this industry median. Based on the distribution chart, Value Valves Co ranks #1957 out of 2967 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Value Valves Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Value Valves Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Value Valves Co ranks #1957 out of 2967 companies for Piotroski F-Score. This places Value Valves Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Value Valves Co's value of 4 is 20% below this benchmark. Historically, Value Valves 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 6.00 vs. the industry median of 5.00, Value Valves 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 2,967 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. Value Valves Co's current Piotroski F-Score of 4 is 20% 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 Value Valves 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. Value Valves Co's current Piotroski F-Score is 4, which is 33% below 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 Value Valves Co stock overvalued right now?
Based on GuruFocus' analysis, Value Valves Co (ROCO:4580) is currently considered Fairly Valued. The stock's GF Value™ is NT$79.98, compared to a current price of NT$78.70 — trading 1.6% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Industrial Products industry median of 5.00. Value Valves Co's overall GF Score™ is 85/100 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 Value Valves Co (ROCO:4580), the current Piotroski F-Score is 4 as of Aug. 22, 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 Value Valves Co (ROCO:4580) Overvalued in 2026?

Based on GuruFocus' analysis, Value Valves Co stock appears to be undervalued. The current stock price of NT$78.70 is trading 1.6% below its estimated GF Value™ of NT$79.98. GuruFocus considers Value Valves Co to be Fairly Valued.

Key valuation signals for ROCO:4580:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: NT$79.98 vs. price of NT$78.70 (1.6% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 20% below the Industrial Products median (#1957 of 2967)

No single metric tells the full story. See the ROCO:4580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Value Valves Co Business Description

Address No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236
Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.
85GF Score

Get the complete analysis for ROCO:4580

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

NT$78.70
Price
NT$79.98
GF Value