Daily Polymer Co (ROCO:4716) Piotroski F-Score: 4 (As of Jul. 13, 2026) — 20% Below Median

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ROCO:4716 Daily Polymer Co Ltd ROCO:4716
55 GF Score
Price NT$22.50
GF Value NT$12.58
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Daily Polymer Co Piotroski F-Score?

Daily Polymer Co ROCO:4716 -1.53% 55 Piotroski F-Score is 4 as of Jul. 13, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates ROCO:4716 with a GF Score™ of 55/100 and a GF Value™ of NT$12.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,563 Chemicals companies, Daily Polymer Co ranks worse than 65.13% 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

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

ROCO:4716' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of Daily Polymer Co was 7. The lowest was 2. And the median was 5.

Daily Polymer Co  (ROCO:4716) 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.


Daily Polymer Co Piotroski F-Score Related Terms


Daily Polymer Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daily Polymer 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.

Daily Polymer Co Piotroski F-Score Chart

Daily Polymer 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 4.00 2.00 3.00 7.00 4.00

Daily Polymer 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 7.00 3.00 2.00 3.00 4.00

ROCO:4716 vs LIN, SHW, ECL: Piotroski F-Score Comparison

For the Specialty Chemicals subindustry, Daily Polymer 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.


Daily Polymer Co Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daily Polymer Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:4716
55GF Score
Daily Polymer Co Ltd ROCO:4716
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 -32.335 + -88.017 + 47.081 + -5.481 = NT$-78.8 Mil.
Cash Flow from Operations was -67.183 + -77.562 + 27.241 + 43.72 = NT$-73.8 Mil.
Revenue was 137.083 + 140.909 + 121.56 + 133.666 = NT$533.2 Mil.
Gross Profit was 14.379 + 12.107 + 9.142 + 18.552 = NT$54.2 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(1878.133 + 1842.474 + 1727.079 + 1772.249 + 1694.509) / 5 = NT$1782.8888 Mil.
Total Assets at the begining of this year (Dec24) was NT$1,878.1 Mil.
Long-Term Debt & Capital Lease Obligation was NT$101.2 Mil.
Total Current Assets was NT$1,007.9 Mil.
Total Current Liabilities was NT$444.7 Mil.
Net Income was 39.613 + 52.457 + -2.904 + -9.755 = NT$79.4 Mil.

Revenue was 131.249 + 147.076 + 156.116 + 144.783 = NT$579.2 Mil.
Gross Profit was 16.745 + 15.308 + 10.295 + 12.434 = NT$54.8 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(1772.981 + 1855.281 + 1911.351 + 1895.868 + 1878.133) / 5 = NT$1862.7228 Mil.
Total Assets at the begining of last year (Dec23) was NT$1,773.0 Mil.
Long-Term Debt & Capital Lease Obligation was NT$115.8 Mil.
Total Current Assets was NT$1,245.3 Mil.
Total Current Liabilities was NT$591.7 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.

Daily Polymer Co's current Net Income (TTM) was -78.8. ==> 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.

Daily Polymer Co's current Cash Flow from Operations (TTM) was -73.8. ==> 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)
=-78.752/1878.133
=-0.041931

ROA (Last Year)=Net Income/Total Assets (Dec23)
=79.411/1772.981
=0.04478954

Daily Polymer Co's return on assets of this year was -0.041931. Daily Polymer Co's return on assets of last year was 0.04478954. ==> 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.

Daily Polymer Co's current Net Income (TTM) was -78.8. Daily Polymer Co's current Cash Flow from Operations (TTM) was -73.8. ==> -73.8 > -78.8 ==> CFROA > ROA ==> Score 1.

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
=101.181/1782.8888
=0.05675116

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=115.833/1862.7228
=0.06218478

Daily Polymer Co's gearing of this year was 0.05675116. Daily Polymer Co's gearing of last year was 0.06218478. ==> 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
=1007.944/444.717
=2.26648408

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1245.266/591.669
=2.10466663

Daily Polymer Co's current ratio of this year was 2.26648408. Daily Polymer Co's current ratio of last year was 2.10466663. ==> 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.

Daily Polymer Co's number of shares in issue this year was 94.488. Daily Polymer Co's number of shares in issue last year was 85.857. ==> 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
=54.18/533.218
=0.10160947

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=54.782/579.224
=0.09457826

Daily Polymer Co's gross margin of this year was 0.10160947. Daily Polymer Co's gross margin of last year was 0.09457826. ==> 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)
=533.218/1878.133
=0.28390854

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=579.224/1772.981
=0.32669498

Daily Polymer Co's asset turnover of this year was 0.28390854. Daily Polymer Co's asset turnover of last year was 0.32669498. ==> 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
=0+0+0+1+1+1+0+1+0
=4

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

Daily Polymer 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?
Daily Polymer Co (ROCO:4716) has a Piotroski F-Score of 4 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daily Polymer Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Daily Polymer Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Daily Polymer Co ranks #1018 out of 1563 companies in the Chemicals industry, placing it in the top 65.1%.
Is Daily Polymer Co's Piotroski F-Score too high?
Daily Polymer Co's current Piotroski F-Score of 4 is 20% below 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 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Daily Polymer Co's value of 4 is 20% below this industry median. Based on the distribution chart, Daily Polymer Co ranks #1018 out of 1563 companies in the Chemicals industry, which is below the industry midpoint. Overall, Daily Polymer Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daily Polymer Co's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daily Polymer Co ranks #1018 out of 1563 companies for Piotroski F-Score. This places Daily Polymer Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Daily Polymer Co's value of 4 is 20% below this benchmark. Historically, Daily Polymer Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Daily Polymer 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,563 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. Daily Polymer 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 Daily Polymer Co and its competitors. For the Chemicals 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. Daily Polymer Co's current Piotroski F-Score is 4, which is 20% below 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 Daily Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Daily Polymer Co (ROCO:4716) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.58, compared to a current price of NT$22.50 — trading 78.9% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Chemicals industry median of 5.00. Daily Polymer Co's overall GF Score™ is 55/100 with 7 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 Daily Polymer Co (ROCO:4716), the current Piotroski F-Score is 4 as of Jul. 13, 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 Daily Polymer Co (ROCO:4716) Overvalued in 2026?

Based on GuruFocus' analysis, Daily Polymer Co stock appears to be overvalued. The current stock price of NT$22.50 is trading 78.9% above its estimated GF Value™ of NT$12.58. GuruFocus considers Daily Polymer Co to be Significantly Overvalued.

Key valuation signals for ROCO:4716:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: NT$12.58 vs. price of NT$22.50 (78.9% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 20% below the Chemicals median (#1018 of 1563)

No single metric tells the full story. See the ROCO:4716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daily Polymer Co Business Description

Address No. 18, Yongong 2nd Road, Yong\'An District, Kaohsiung City, TWN, 828
Daily Polymer Co Ltd is engaged in the manufacturing, processing, and trading of synthetic resins and electronic materials. Its product lines include polymer materials such as resins for paints, unsaturated polyester resin, and paint additives, as well as photo-electronic materials, including conductive polymer. The Company operates through two reportable segments: the Synthetic Resins Segment, which generates maximum revenue and is responsible for the manufacturing, processing, and sales of synthetic resins, and the New Materials Segment, which is responsible for the manufacturing, processing, and sales of electronic materials. The Company operates in Taiwan, Mainland China, and other countries.
55GF Score

Get the complete analysis for ROCO:4716

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

NT$22.50
Price
NT$12.58
GF Value