DuoGenic StemCells (ROCO:7607) Piotroski F-Score: 6 (As of Jul. 26, 2026) — 100% Above Median

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ROCO:7607 DuoGenic StemCells Corp ROCO:7607
25 GF Score
Price NT$13.00
GF Value NT$51.22
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is DuoGenic StemCells Piotroski F-Score?

DuoGenic StemCells ROCO:7607 -0.76% 25 Piotroski F-Score is 6 as of Jul. 26, 2026, which is 100% above its 10-year median of 3.00. GuruFocus rates ROCO:7607 with a GF Score™ of 25/100 and a GF Value™ of NT$51.22 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,333 Biotechnology companies, DuoGenic StemCells ranks better than 91.9% 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

DuoGenic StemCells 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 DuoGenic StemCells's Piotroski F-Score or its related term are showing as below:

ROCO:7607' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 6
Current: 6

During the past 5 years, the highest Piotroski F-Score of DuoGenic StemCells was 6. The lowest was 2. And the median was 3.

DuoGenic StemCells  (ROCO:7607) 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.


DuoGenic StemCells Piotroski F-Score Related Terms


DuoGenic StemCells Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DuoGenic StemCells'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.

DuoGenic StemCells Piotroski F-Score Chart

DuoGenic StemCells Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 2.00 6.00

DuoGenic StemCells Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 3.00 0.00 2.00 0.00 6.00

ROCO:7607 vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, DuoGenic StemCells'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.


DuoGenic StemCells Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, DuoGenic StemCells's Piotroski F-Score distribution charts can be found below:

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


ROCO:7607
25GF Score
DuoGenic StemCells Corp ROCO:7607
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$-26.38 Mil.
Cash Flow from Operations was NT$-18.47 Mil.
Revenue was NT$20.69 Mil.
Gross Profit was NT$15.80 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (59.654 + 78.536) / 2 = NT$69.095 Mil.
Total Assets at the begining of this year (Dec24) was NT$59.65 Mil.
Long-Term Debt & Capital Lease Obligation was NT$1.09 Mil.
Total Current Assets was NT$59.38 Mil.
Total Current Liabilities was NT$26.46 Mil.
Net Income was NT$-61.58 Mil.

Revenue was NT$12.05 Mil.
Gross Profit was NT$4.10 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (94.002 + 59.654) / 2 = NT$76.828 Mil.
Total Assets at the begining of last year (Dec23) was NT$94.00 Mil.
Long-Term Debt & Capital Lease Obligation was NT$3.84 Mil.
Total Current Assets was NT$37.60 Mil.
Total Current Liabilities was NT$38.98 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.

DuoGenic StemCells's current Net Income (TTM) was -26.38. ==> 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.

DuoGenic StemCells's current Cash Flow from Operations (TTM) was -18.47. ==> 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)
=-26.38/59.654
=-0.44221678

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-61.578/94.002
=-0.65507117

DuoGenic StemCells's return on assets of this year was -0.44221678. DuoGenic StemCells's return on assets of last year was -0.65507117. ==> 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.

DuoGenic StemCells's current Net Income (TTM) was -26.38. DuoGenic StemCells's current Cash Flow from Operations (TTM) was -18.47. ==> -18.47 > -26.38 ==> 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
=1.088/69.095
=0.01574644

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=3.835/76.828
=0.0499167

DuoGenic StemCells's gearing of this year was 0.01574644. DuoGenic StemCells's gearing of last year was 0.0499167. ==> 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
=59.377/26.462
=2.24385912

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=37.604/38.977
=0.9647741

DuoGenic StemCells's current ratio of this year was 2.24385912. DuoGenic StemCells's current ratio of last year was 0.9647741. ==> 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.

DuoGenic StemCells's number of shares in issue this year was 31.918. DuoGenic StemCells's number of shares in issue last year was 30.553. ==> 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
=15.795/20.693
=0.7633016

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4.103/12.052
=0.34044142

DuoGenic StemCells's gross margin of this year was 0.7633016. DuoGenic StemCells's gross margin of last year was 0.34044142. ==> 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)
=20.693/59.654
=0.3468837

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=12.052/94.002
=0.12821004

DuoGenic StemCells's asset turnover of this year was 0.3468837. DuoGenic StemCells's asset turnover of last year was 0.12821004. ==> 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+1+1+1+1+0+1+1
=6

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

DuoGenic StemCells 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?
DuoGenic StemCells (ROCO:7607) has a Piotroski F-Score of 6 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DuoGenic StemCells and its competitors. This is 100% above median its historical median of 3.00. Over the past decade, DuoGenic StemCells' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, DuoGenic StemCells ranks #108 out of 1333 companies in the Biotechnology industry, placing it in the top 8.1%.
Is DuoGenic StemCells' Piotroski F-Score too high?
DuoGenic StemCells' current Piotroski F-Score of 6 is 100% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Biotechnology industry median Piotroski F-Score is 3.00. DuoGenic StemCells' value of 6 is 100% above this industry median. Based on the distribution chart, DuoGenic StemCells ranks #108 out of 1333 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, DuoGenic StemCells has a GF Score™ of 25/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DuoGenic StemCells' Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, DuoGenic StemCells ranks #108 out of 1333 companies for Piotroski F-Score. This places DuoGenic StemCells in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. DuoGenic StemCells' value of 6 is 100% above this benchmark. Historically, DuoGenic StemCells' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, DuoGenic StemCells 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,333 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. DuoGenic StemCells's current Piotroski F-Score of 6 is 100% 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 DuoGenic StemCells and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DuoGenic StemCells's current Piotroski F-Score is 6, which is 100% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DuoGenic StemCells stock overvalued right now?
Based on GuruFocus' analysis, DuoGenic StemCells (ROCO:7607) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$51.22, compared to a current price of NT$13.00 — trading 74.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 100% above median its 10-year median of 3.00 and 100% above the Biotechnology industry median of 3.00. DuoGenic StemCells' overall GF Score™ is 25/100 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 DuoGenic StemCells (ROCO:7607), the current Piotroski F-Score is 6 as of Jul. 26, 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 DuoGenic StemCells (ROCO:7607) Overvalued in 2026?

Based on GuruFocus' analysis, DuoGenic StemCells stock appears to be undervalued. The current stock price of NT$13.00 is trading 74.6% below its estimated GF Value™ of NT$51.22. GuruFocus considers DuoGenic StemCells to be Significantly Undervalued.

Key valuation signals for ROCO:7607:

  • Piotroski F-Score: 6 (100% above median its 10-year median of 3.00)
  • GF Value™: NT$51.22 vs. price of NT$13.00 (74.6% below fair value)
  • GF Score™: 25/100 with 2 warning signs
  • Industry Position: 100% above the Biotechnology median (#108 of 1333)

No single metric tells the full story. See the ROCO:7607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DuoGenic StemCells Business Description

Address Room R207, Innovation Incubation Center, 145, Xingda Road, South District, Taichung, TWN
DuoGenic StemCells Corp is a company having a team of passionate researchers focused on stem cell cultivation. Their products are intended for research use and can be upgraded for clinical applications. It also develops blood cell therapy programs, using the isolation and purification of blood mononuclear cells to remove granule cells that promote inflammation, and conducts clinical trials on various degenerative diseases to provide a convenient and simple new option for cell therapy.
25GF Score

Get the complete analysis for ROCO:7607

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

NT$13.00
Price
NT$51.22
GF Value