iXensor Co (ROCO:6734) Piotroski F-Score: 4 (As of Jul. 15, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6734 iXensor Co Ltd ROCO:6734
55 GF Score
Price NT$6.65
GF Value NT$5.78
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is iXensor Co Piotroski F-Score?

iXensor Co ROCO:6734 -2.64% 55 Piotroski F-Score is 4 as of Jul. 15, 2026, which is at its 10-year median of 4.00. GuruFocus rates ROCO:6734 with a GF Score™ of 55/100 and a GF Value™ of NT$5.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 802 Medical Devices & Instruments companies, iXensor Co ranks worse than 56.36% 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

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

ROCO:6734' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 10 years, the highest Piotroski F-Score of iXensor Co was 6. The lowest was 1. And the median was 4.

iXensor Co  (ROCO:6734) 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.


iXensor Co Piotroski F-Score Related Terms


iXensor Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for iXensor 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.

iXensor Co Piotroski F-Score Chart

iXensor 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 3.00 6.00 1.00 6.00 4.00

iXensor Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.00 0.00 6.00 0.00 4.00

ROCO:6734 vs ABT, SYK, MDT: Piotroski F-Score Comparison

For the Medical Devices subindustry, iXensor 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.


iXensor Co Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iXensor Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:6734
55GF Score
iXensor Co Ltd ROCO:6734
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 NT$-46.96 Mil.
Cash Flow from Operations was NT$-36.91 Mil.
Revenue was NT$26.88 Mil.
Gross Profit was NT$16.91 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (74.617 + 68.974) / 2 = NT$71.7955 Mil.
Total Assets at the begining of this year (Dec24) was NT$74.62 Mil.
Long-Term Debt & Capital Lease Obligation was NT$11.62 Mil.
Total Current Assets was NT$54.63 Mil.
Total Current Liabilities was NT$34.24 Mil.
Net Income was NT$-46.81 Mil.

Revenue was NT$19.46 Mil.
Gross Profit was NT$6.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (96.378 + 74.617) / 2 = NT$85.4975 Mil.
Total Assets at the begining of last year (Dec23) was NT$96.38 Mil.
Long-Term Debt & Capital Lease Obligation was NT$18.03 Mil.
Total Current Assets was NT$53.93 Mil.
Total Current Liabilities was NT$25.54 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.

iXensor Co's current Net Income (TTM) was -46.96. ==> 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.

iXensor Co's current Cash Flow from Operations (TTM) was -36.91. ==> 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)
=-46.959/74.617
=-0.6293338

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-46.808/96.378
=-0.485671

iXensor Co's return on assets of this year was -0.6293338. iXensor Co's return on assets of last year was -0.485671. ==> 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.

iXensor Co's current Net Income (TTM) was -46.96. iXensor Co's current Cash Flow from Operations (TTM) was -36.91. ==> -36.91 > -46.96 ==> 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
=11.617/71.7955
=0.1618068

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=18.027/85.4975
=0.21084827

iXensor Co's gearing of this year was 0.1618068. iXensor Co's gearing of last year was 0.21084827. ==> 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
=54.63/34.242
=1.59540915

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=53.931/25.538
=2.11179419

iXensor Co's current ratio of this year was 1.59540915. iXensor Co's current ratio of last year was 2.11179419. ==> 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.

iXensor Co's number of shares in issue this year was 35.056. iXensor Co's number of shares in issue last year was 24.919. ==> 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
=16.905/26.881
=0.62888285

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6/19.459
=0.30834061

iXensor Co's gross margin of this year was 0.62888285. iXensor Co's gross margin of last year was 0.30834061. ==> 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)
=26.881/74.617
=0.36025303

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=19.459/96.378
=0.20190292

iXensor Co's asset turnover of this year was 0.36025303. iXensor Co's asset turnover of last year was 0.20190292. ==> 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
=0+0+0+1+1+0+0+1+1
=4

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

iXensor 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?
iXensor Co (ROCO:6734) has a Piotroski F-Score of 4 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on iXensor Co and its competitors. This is near median its historical median of 4.00. Over the past decade, iXensor Co's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, iXensor Co ranks #452 out of 802 companies in the Medical Devices & Instruments industry, placing it in the top 56.4%.
Is iXensor Co's Piotroski F-Score too high?
iXensor Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. iXensor Co's value of 4 is 20% below this industry median. Based on the distribution chart, iXensor Co ranks #452 out of 802 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, iXensor 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 iXensor Co's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, iXensor Co ranks #452 out of 802 companies for Piotroski F-Score. This places iXensor Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. iXensor Co's value of 4 is 20% below this benchmark. Historically, iXensor Co's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, iXensor 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 802 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. iXensor 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 iXensor Co and its competitors. For the Medical Devices & Instruments 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. iXensor Co's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iXensor Co stock overvalued right now?
Based on GuruFocus' analysis, iXensor Co (ROCO:6734) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$5.78, compared to a current price of NT$6.65 — trading 15.1% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Medical Devices & Instruments industry median of 5.00. iXensor Co's overall GF Score™ is 55/100 with 5 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 iXensor Co (ROCO:6734), the current Piotroski F-Score is 4 as of Jul. 15, 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 iXensor Co (ROCO:6734) Overvalued in 2026?

Based on GuruFocus' analysis, iXensor Co stock appears to be overvalued. The current stock price of NT$6.65 is trading 15.1% above its estimated GF Value™ of NT$5.78. GuruFocus considers iXensor Co to be Modestly Overvalued.

Key valuation signals for ROCO:6734:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: NT$5.78 vs. price of NT$6.65 (15.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 20% below the Medical Devices & Instruments median (#452 of 802)

No single metric tells the full story. See the ROCO:6734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iXensor Co Business Description

Address No. 9, Lane 2, Lane 35, Jihu Road, 6th Floor, Neihu District, Taipei, TWN, 11492
iXensor Co Ltd is a Taiwan based company involved in research and development, manufacturing and sales of medical equipment. Its PixoTest technology utilizes the lighting and image sensing module of the smartphone or mobile device to detect the color change reaction on the biochemical test strip. This enables the users to monitor their conditions of diabetes, cardiovascular diseases, women health problems, or infectious diseases.
55GF Score

Get the complete analysis for ROCO:6734

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

NT$6.65
Price
NT$5.78
GF Value