Prince Pharmaceutical Co (ROCO:6935) Piotroski F-Score: 7 (As of Jul. 14, 2026) — 17% Above Median

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ROCO:6935 Prince Pharmaceutical Co Ltd ROCO:6935
60 GF Score
Price NT$30.25
GF Value NT$42.11
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Prince Pharmaceutical Co Piotroski F-Score?

Prince Pharmaceutical Co ROCO:6935 +0.33% 60 Piotroski F-Score is 7 as of Jul. 14, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates ROCO:6935 with a GF Score™ of 60/100 and a GF Value™ of NT$42.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 979 Drug Manufacturers companies, Prince Pharmaceutical Co ranks better than 91.93% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Prince Pharmaceutical Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

ROCO:6935' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 7 years, the highest Piotroski F-Score of Prince Pharmaceutical Co was 8. The lowest was 3. And the median was 6.

Prince Pharmaceutical Co  (ROCO:6935) 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.


Prince Pharmaceutical Co Piotroski F-Score Related Terms


Prince Pharmaceutical Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Prince Pharmaceutical 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.

Prince Pharmaceutical Co Piotroski F-Score Chart

Prince Pharmaceutical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 5.00 8.00 6.00 3.00 7.00

Prince Pharmaceutical Co Semi-Annual Data
Dec19 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 6.00 0.00 3.00 0.00 7.00

ROCO:6935 vs ZTS, UTHR: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Prince Pharmaceutical 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.


Prince Pharmaceutical Co Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Prince Pharmaceutical Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:6935
60GF Score
Prince Pharmaceutical Co Ltd ROCO:6935
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$96 Mil.
Cash Flow from Operations was NT$90 Mil.
Revenue was NT$1,056 Mil.
Gross Profit was NT$223 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1348.247 + 1503.486) / 2 = NT$1425.8665 Mil.
Total Assets at the begining of this year (Dec24) was NT$1,348 Mil.
Long-Term Debt & Capital Lease Obligation was NT$354 Mil.
Total Current Assets was NT$561 Mil.
Total Current Liabilities was NT$310 Mil.
Net Income was NT$-54 Mil.

Revenue was NT$690 Mil.
Gross Profit was NT$74 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1410.935 + 1348.247) / 2 = NT$1379.591 Mil.
Total Assets at the begining of last year (Dec23) was NT$1,411 Mil.
Long-Term Debt & Capital Lease Obligation was NT$390 Mil.
Total Current Assets was NT$365 Mil.
Total Current Liabilities was NT$235 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.

Prince Pharmaceutical Co's current Net Income (TTM) was 96. ==> 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.

Prince Pharmaceutical Co's current Cash Flow from Operations (TTM) was 90. ==> 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)
=96.321/1348.247
=0.07144166

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-53.542/1410.935
=-0.03794789

Prince Pharmaceutical Co's return on assets of this year was 0.07144166. Prince Pharmaceutical Co's return on assets of last year was -0.03794789. ==> 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.

Prince Pharmaceutical Co's current Net Income (TTM) was 96. Prince Pharmaceutical Co's current Cash Flow from Operations (TTM) was 90. ==> 90 <= 96 ==> 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
=353.961/1425.8665
=0.24824274

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=390.379/1379.591
=0.2829672

Prince Pharmaceutical Co's gearing of this year was 0.24824274. Prince Pharmaceutical Co's gearing of last year was 0.2829672. ==> 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
=560.889/309.905
=1.80987399

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=365.128/234.713
=1.55563603

Prince Pharmaceutical Co's current ratio of this year was 1.80987399. Prince Pharmaceutical Co's current ratio of last year was 1.55563603. ==> 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.

Prince Pharmaceutical Co's number of shares in issue this year was 36.726. Prince Pharmaceutical Co's number of shares in issue last year was 36.58. ==> 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
=222.55/1056.201
=0.210708

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=74.278/690.025
=0.10764538

Prince Pharmaceutical Co's gross margin of this year was 0.210708. Prince Pharmaceutical Co's gross margin of last year was 0.10764538. ==> 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)
=1056.201/1348.247
=0.78338836

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=690.025/1410.935
=0.48905513

Prince Pharmaceutical Co's asset turnover of this year was 0.78338836. Prince Pharmaceutical Co's asset turnover of last year was 0.48905513. ==> 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+1+1+0+1+1
=7

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

Prince Pharmaceutical Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Prince Pharmaceutical Co (ROCO:6935) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prince Pharmaceutical Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Prince Pharmaceutical Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Prince Pharmaceutical Co ranks #79 out of 979 companies in the Drug Manufacturers industry, placing it in the top 8.1%.
Is Prince Pharmaceutical Co's Piotroski F-Score too high?
Prince Pharmaceutical Co's current Piotroski F-Score of 7 is 17% above 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 8.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Prince Pharmaceutical Co's value of 7 is 40% above this industry median. Based on the distribution chart, Prince Pharmaceutical Co ranks #79 out of 979 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Prince Pharmaceutical Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prince Pharmaceutical Co's Piotroski F-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Prince Pharmaceutical Co ranks #79 out of 979 companies for Piotroski F-Score. This places Prince Pharmaceutical Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Prince Pharmaceutical Co's value of 7 is 40% above this benchmark. Historically, Prince Pharmaceutical Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Prince Pharmaceutical 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 979 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. Prince Pharmaceutical Co's current Piotroski F-Score of 7 is 40% 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 Prince Pharmaceutical Co and its competitors. For the Drug Manufacturers 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. Prince Pharmaceutical Co's current Piotroski F-Score is 7, which is 17% above 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 Prince Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Prince Pharmaceutical Co (ROCO:6935) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.11, compared to a current price of NT$30.25 — trading 28.2% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Drug Manufacturers industry median of 5.00. Prince Pharmaceutical Co's overall GF Score™ is 60/100 with 2 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 Prince Pharmaceutical Co (ROCO:6935), the current Piotroski F-Score is 7 as of Jul. 14, 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 Prince Pharmaceutical Co (ROCO:6935) Overvalued in 2026?

Based on GuruFocus' analysis, Prince Pharmaceutical Co stock appears to be undervalued. The current stock price of NT$30.25 is trading 28.2% below its estimated GF Value™ of NT$42.11. GuruFocus considers Prince Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for ROCO:6935:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: NT$42.11 vs. price of NT$30.25 (28.2% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 40% above the Drug Manufacturers median (#79 of 979)

No single metric tells the full story. See the ROCO:6935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prince Pharmaceutical Co Business Description

Address Number 168, Keyunnan Road, Huwei Town, Yunlin, TWN, 632
Prince Pharmaceutical Co Ltd is engaged in the manufacturing, packaging, processing, and trading of various active pharmaceutical ingredients and health supplements. The company supplies its products to Taiwan, Japan, Spain, Europe and other regions.
60GF Score

Get the complete analysis for ROCO:6935

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

NT$30.25
Price
NT$42.11
GF Value