Hu Lane AssociateROCO:6279 +2.15%87 Piotroski F-Score is 3 as of Jul. 03, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates ROCO:6279 with a GF Score™ of 87/100 and a GF Value™ of NT$180.35 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,288 Vehicles & Parts companies, Hu Lane Associate ranks worse than 86.65% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hu Lane Associate has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Hu Lane Associate's Piotroski F-Score or its related term are showing as below:
ROCO:6279'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 3
During the past 13 years, the highest Piotroski F-Score of Hu Lane Associate was 7. The lowest was 3. And the median was 5.
Hu Lane Associate (ROCO:6279) 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.
Hu Lane Associate Piotroski F-Score Related Terms
Hu Lane Associate Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hu Lane Associate'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:6279 vs ORLY, AZO: Piotroski F-Score Comparison
For the Auto Parts subindustry, Hu Lane Associate'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.
Hu Lane Associate Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hu Lane Associate's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hu Lane Associate'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 (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was 335.077 + 90.734 + 304.662 + 527.944 = NT$1,258 Mil. Cash Flow from Operations was 90.982 + 542.215 + 279.394 + 169.136 = NT$1,082 Mil. Revenue was 2327.508 + 2167.445 + 2326.322 + 3002.025 = NT$9,823 Mil. Gross Profit was 737.721 + 726.13 + 689.32 + 936.082 = NT$3,089 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(14118.491 + 14499.302 + 13707.654 + 14571.933 + 15764.145) / 5 = NT$14532.305 Mil. Total Assets at the begining of this year (Dec24) was NT$14,118 Mil. Long-Term Debt & Capital Lease Obligation was NT$40 Mil. Total Current Assets was NT$9,583 Mil. Total Current Liabilities was NT$6,411 Mil.
Net Income was 330.535 + 289.626 + 311.173 + 379.143 = NT$1,310 Mil.
Revenue was 1889.781 + 1993.444 + 2144.864 + 2772.13 = NT$8,800 Mil. Gross Profit was 634.497 + 666.634 + 685.985 + 942.911 = NT$2,930 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(11587.913 + 12035.579 + 12809.092 + 13053.091 + 14118.491) / 5 = NT$12720.8332 Mil. Total Assets at the begining of last year (Dec23) was NT$11,588 Mil. Long-Term Debt & Capital Lease Obligation was NT$1,114 Mil. Total Current Assets was NT$8,626 Mil. Total Current Liabilities was NT$5,303 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.
Hu Lane Associate's current Net Income (TTM) was 1,258.
==> 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.
Hu Lane Associate's return on assets of this year was 0.08913254. Hu Lane Associate's return on assets of last year was 0.11308999.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hu Lane Associate's gearing of this year was 0.00277492. Hu Lane Associate's gearing of last year was 0.08758546.
==> 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
Hu Lane Associate's current ratio of this year was 1.49476436. Hu Lane Associate's current ratio of last year was 1.62640742.
==> 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.
Hu Lane Associate's number of shares in issue this year was 125.681. Hu Lane Associate's number of shares in issue last year was 118.971.
==> 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.
Hu Lane Associate's gross margin of this year was 0.3144822. Hu Lane Associate's gross margin of last year was 0.33294933.
==> 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
Hu Lane Associate's asset turnover of this year was 0.69577549. Hu Lane Associate's asset turnover of last year was 0.75943088.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hu Lane Associate has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Hu Lane Associate (ROCO:6279) has a Piotroski F-Score of 3 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hu Lane Associate and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Hu Lane Associate's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Hu Lane Associate ranks #1116 out of 1288 companies in the Vehicles & Parts industry, placing it in the top 86.6%.
Is Hu Lane Associate's Piotroski F-Score too high?
Hu Lane Associate's current Piotroski F-Score of 3 is 40% below 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 Vehicles & Parts industry median Piotroski F-Score is 5.00. Hu Lane Associate's value of 3 is 40% below this industry median. Based on the distribution chart, Hu Lane Associate ranks #1116 out of 1288 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hu Lane Associate has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hu Lane Associate's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hu Lane Associate ranks #1116 out of 1288 companies for Piotroski F-Score. This places Hu Lane Associate in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hu Lane Associate's value of 3 is 40% below this benchmark. Historically, Hu Lane Associate'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, Hu Lane Associate 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,288 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. Hu Lane Associate's current Piotroski F-Score of 3 is 40% 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 Hu Lane Associate and its competitors. For the Vehicles & Parts 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. Hu Lane Associate's current Piotroski F-Score is 3, which is 40% 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 Hu Lane Associate stock overvalued right now?
Based on GuruFocus' analysis, Hu Lane Associate (ROCO:6279) is currently considered Possible Value Trap. The stock's GF Value™ is NT$180.35, compared to a current price of NT$119.00 — trading 34% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Vehicles & Parts industry median of 5.00. Hu Lane Associate's overall GF Score™ is 87/100 with 6 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 Hu Lane Associate (ROCO:6279), the current Piotroski F-Score is 3 as of Jul. 03, 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 Hu Lane Associate (ROCO:6279) Overvalued in 2026?
Based on GuruFocus' analysis, Hu Lane Associate stock appears to be undervalued.
The current stock price of NT$119.00 is trading 34% below its estimated GF Value™ of NT$180.35.
GuruFocus considers Hu Lane Associate to be Possible Value Trap.
Key valuation signals for ROCO:6279:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: NT$180.35 vs. price of NT$119.00 (34% below fair value)
Industry Position: 40% below the Vehicles & Parts median (#1116 of 1288)
No single metric tells the full story. See the ROCO:6279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hu Lane Associate Inc is a Taiwan based company principally engaged in the production and sales of terminal products of cars and motorcycles. The company offers connectors for automobiles, motorbikes, electric vehicles, extended fields, specific application purposes, rubber seals, fasten accessories, and other connectors. Some of the connectors produced are an automotive connector, manufactured housing, terminal connectors, and wiring harness connectors. The group also sells mold applicator parts and plastic accessory products. The operations of the company are carried out in China which is also its key revenue generating market, rest of Asia and other regions.
87GF Score
Get the complete analysis for ROCO:6279
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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