Green World Fintech Service Co (ROCO:6763) Piotroski F-Score: 6 (As of Jun. 29, 2026) — Near Median


ROCO:6763 Green World Fintech Service Co Ltd ROCO:6763
92 GF Score
Price NT$46.80
GF Value NT$59.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Green World Fintech Service Co Piotroski F-Score?

Green World Fintech Service Co ROCO:6763 +0.65% 92 Piotroski F-Score is 6 as of Jun. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates ROCO:6763 with a GF Score™ of 92/100 and a GF Value™ of NT$59.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,743 Software companies, Green World Fintech Service Co ranks better than 78.75% 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

Green World Fintech Service 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 Green World Fintech Service Co's Piotroski F-Score or its related term are showing as below:

ROCO:6763' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 9 years, the highest Piotroski F-Score of Green World Fintech Service Co was 9. The lowest was 3. And the median was 6.

Green World Fintech Service Co  (ROCO:6763) 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.


Green World Fintech Service Co Piotroski F-Score Related Terms


Green World Fintech Service Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Green World Fintech Service 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.

Green World Fintech Service Co Piotroski F-Score Chart

Green World Fintech Service Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 9.00 6.00 3.00 4.00 6.00

Green World Fintech Service 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 4.00 5.00 4.00 6.00 6.00

ROCO:6763 vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Green World Fintech Service 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.


Green World Fintech Service Co Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Green World Fintech Service Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Green World Fintech Service Co's Piotroski F-Score falls into.


ROCO:6763
92GF Score
Green World Fintech Service Co Ltd ROCO:6763
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 112.717 + 101.394 + 491.027 + 70.146 = NT$775 Mil.
Cash Flow from Operations was 191.61 + 188.739 + -84.476 + 232.854 = NT$529 Mil.
Revenue was 405.171 + 423.138 + 446.023 + 470.202 = NT$1,745 Mil.
Gross Profit was 169.936 + 181.254 + 186.078 + 190.516 = NT$728 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(6709.123 + 6763.676 + 6953.988 + 7117.425 + 7487.041) / 5 = NT$7006.2506 Mil.
Total Assets at the begining of this year (Dec24) was NT$6,709 Mil.
Long-Term Debt & Capital Lease Obligation was NT$18 Mil.
Total Current Assets was NT$6,012 Mil.
Total Current Liabilities was NT$4,196 Mil.
Net Income was 86.785 + 79.723 + 95.361 + 96.077 = NT$358 Mil.

Revenue was 386.457 + 377.169 + 411.374 + 429.497 = NT$1,604 Mil.
Gross Profit was 162.158 + 158.19 + 165.323 + 174.721 = NT$660 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(6709.19 + 6401.916 + 6642.743 + 6587.512 + 6709.123) / 5 = NT$6610.0968 Mil.
Total Assets at the begining of last year (Dec23) was NT$6,709 Mil.
Long-Term Debt & Capital Lease Obligation was NT$10 Mil.
Total Current Assets was NT$5,019 Mil.
Total Current Liabilities was NT$3,867 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.

Green World Fintech Service Co's current Net Income (TTM) was 775. ==> 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.

Green World Fintech Service Co's current Cash Flow from Operations (TTM) was 529. ==> 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 (Dec24)
=775.284/6709.123
=0.11555668

ROA (Last Year)=Net Income/Total Assets (Dec23)
=357.946/6709.19
=0.0533516

Green World Fintech Service Co's return on assets of this year was 0.11555668. Green World Fintech Service Co's return on assets of last year was 0.0533516. ==> This year is higher. ==> Score 1.

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.

Green World Fintech Service Co's current Net Income (TTM) was 775. Green World Fintech Service Co's current Cash Flow from Operations (TTM) was 529. ==> 529 <= 775 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=18.39/7006.2506
=0.0026248

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=10.268/6610.0968
=0.00155338

Green World Fintech Service Co's gearing of this year was 0.0026248. Green World Fintech Service Co's gearing of last year was 0.00155338. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=6012.413/4195.77
=1.43297011

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=5019.419/3867.478
=1.29785328

Green World Fintech Service Co's current ratio of this year was 1.43297011. Green World Fintech Service Co's current ratio of last year was 1.29785328. ==> 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.

Green World Fintech Service Co's number of shares in issue this year was 184.816. Green World Fintech Service Co's number of shares in issue last year was 184.246. ==> 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
=727.784/1744.534
=0.4171796

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=660.392/1604.497
=0.41158818

Green World Fintech Service Co's gross margin of this year was 0.4171796. Green World Fintech Service Co's gross margin of last year was 0.41158818. ==> 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)
=1744.534/6709.123
=0.26002415

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1604.497/6709.19
=0.23914914

Green World Fintech Service Co's asset turnover of this year was 0.26002415. Green World Fintech Service Co's asset turnover of last year was 0.23914914. ==> 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
=1+1+1+0+0+1+0+1+1
=6

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

Green World Fintech Service Co has an F-score of 6 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 6 mean?
Green World Fintech Service Co (ROCO:6763) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Green World Fintech Service Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Green World Fintech Service Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Green World Fintech Service Co ranks #583 out of 2743 companies in the Software industry, placing it in the top 21.3%.
Is Green World Fintech Service Co's Piotroski F-Score too high?
Green World Fintech Service 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 3.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. Green World Fintech Service Co's value of 6 is 20% above this industry median. Based on the distribution chart, Green World Fintech Service Co ranks #583 out of 2743 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Green World Fintech Service Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green World Fintech Service Co's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Green World Fintech Service Co ranks #583 out of 2743 companies for Piotroski F-Score. This places Green World Fintech Service Co in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Green World Fintech Service Co's value of 6 is 20% above this benchmark. Historically, Green World Fintech Service Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Green World Fintech Service 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. Green World Fintech Service 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 Green World Fintech Service Co and its competitors. For the Software 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. Green World Fintech Service 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 Green World Fintech Service Co stock overvalued right now?
Based on GuruFocus' analysis, Green World Fintech Service Co (ROCO:6763) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$59.06, compared to a current price of NT$46.80 — trading 20.8% below 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 Software industry median of 5.00. Green World Fintech Service Co's overall GF Score™ is 92/100 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 Green World Fintech Service Co (ROCO:6763), the current Piotroski F-Score is 6 as of Jun. 29, 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 Green World Fintech Service Co (ROCO:6763) Overvalued in 2026?

Based on GuruFocus' analysis, Green World Fintech Service Co stock appears to be undervalued. The current stock price of NT$46.80 is trading 20.8% below its estimated GF Value™ of NT$59.06. GuruFocus considers Green World Fintech Service Co to be Modestly Undervalued.

Key valuation signals for ROCO:6763:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: NT$59.06 vs. price of NT$46.80 (20.8% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 20% above the Software median (#583 of 2743)

No single metric tells the full story. See the ROCO:6763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green World Fintech Service Co Business Description

Address No. 19-2, Sanchong Road, 6th Floor - 2, Building D, Nangang District, Taipei, TWN
Green World Fintech Service Co Ltd is engaged in third-party payment services, offering all-in-one payment and logistics collection services, including four payment channels: credit cards, ATM machines, online ATM, and convenience store barcode payments. The company also provides logistics, electronic invoicing, cybersecurity check services, and customized system development services. It operates a single reportable segment that engages in third-party payment services in Taiwan.
92GF Score

Get the complete analysis for ROCO:6763

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

NT$46.80
Price
NT$59.06
GF Value