Climax Technology Co (ROCO:7689) Piotroski F-Score: 7 (As of Jul. 17, 2026) — Near Median

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ROCO:7689 Climax Technology Co Ltd ROCO:7689
17 GF Score
Price NT$210.00
! 4 Warning Signs
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What is Climax Technology Co Piotroski F-Score?

Climax Technology Co ROCO:7689 -9.87% 17 Piotroski F-Score is 7 as of Jul. 17, 2026, which is at its 10-year median of 7.00. GuruFocus rates ROCO:7689 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 1,731 Construction companies, Climax Technology Co ranks better than 89.43% 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

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

ROCO:7689' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 7   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of Climax Technology Co was 7. The lowest was 7. And the median was 7.

Climax Technology Co  (ROCO:7689) 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.


Climax Technology Co Piotroski F-Score Related Terms


Climax Technology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Climax Technology 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.

Climax Technology Co Piotroski F-Score Chart

Climax Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00 7.00

Climax Technology Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 7.00 0.00 7.00

ROCO:7689 vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Climax Technology 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.


Climax Technology Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Climax Technology Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:7689
17GF Score
Climax Technology Co Ltd ROCO:7689
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$529 Mil.
Cash Flow from Operations was NT$118 Mil.
Revenue was NT$4,461 Mil.
Gross Profit was NT$1,355 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3476.899 + 5613.3) / 2 = NT$4545.0995 Mil.
Total Assets at the begining of this year (Dec24) was NT$3,477 Mil.
Long-Term Debt & Capital Lease Obligation was NT$2,106 Mil.
Total Current Assets was NT$3,296 Mil.
Total Current Liabilities was NT$1,867 Mil.
Net Income was NT$317 Mil.

Revenue was NT$3,698 Mil.
Gross Profit was NT$979 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3554.311 + 3476.899) / 2 = NT$3515.605 Mil.
Total Assets at the begining of last year (Dec23) was NT$3,554 Mil.
Long-Term Debt & Capital Lease Obligation was NT$516 Mil.
Total Current Assets was NT$2,360 Mil.
Total Current Liabilities was NT$1,967 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.

Climax Technology Co's current Net Income (TTM) was 529. ==> 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.

Climax Technology Co's current Cash Flow from Operations (TTM) was 118. ==> 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)
=528.72/3476.899
=0.15206654

ROA (Last Year)=Net Income/Total Assets (Dec23)
=316.561/3554.311
=0.08906396

Climax Technology Co's return on assets of this year was 0.15206654. Climax Technology Co's return on assets of last year was 0.08906396. ==> 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.

Climax Technology Co's current Net Income (TTM) was 529. Climax Technology Co's current Cash Flow from Operations (TTM) was 118. ==> 118 <= 529 ==> 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
=2105.857/4545.0995
=0.46332473

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=515.531/3515.605
=0.14664076

Climax Technology Co's gearing of this year was 0.46332473. Climax Technology Co's gearing of last year was 0.14664076. ==> 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
=3295.736/1867.398
=1.7648814

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2359.779/1966.524
=1.19997468

Climax Technology Co's current ratio of this year was 1.7648814. Climax Technology Co's current ratio of last year was 1.19997468. ==> 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.

Climax Technology Co's number of shares in issue this year was 52.115. Climax Technology Co's number of shares in issue last year was 66.264. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=1355.4/4461.401
=0.30380591

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=978.52/3698.396
=0.26457956

Climax Technology Co's gross margin of this year was 0.30380591. Climax Technology Co's gross margin of last year was 0.26457956. ==> 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)
=4461.401/3476.899
=1.28315519

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3698.396/3554.311
=1.0405381

Climax Technology Co's asset turnover of this year was 1.28315519. Climax Technology Co's asset turnover of last year was 1.0405381. ==> 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+1+1+1
=7

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

Climax Technology 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?
Climax Technology Co (ROCO:7689) has a Piotroski F-Score of 7 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Climax Technology Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Climax Technology Co's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, Climax Technology Co ranks #183 out of 1731 companies in the Construction industry, placing it in the top 10.6%.
Is Climax Technology Co's Piotroski F-Score too high?
Climax Technology Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Climax Technology Co's value of 7 is 40% above this industry median. Based on the distribution chart, Climax Technology Co ranks #183 out of 1731 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Climax Technology Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Climax Technology Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Climax Technology Co ranks #183 out of 1731 companies for Piotroski F-Score. This places Climax Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Climax Technology Co's value of 7 is 40% above this benchmark. Historically, Climax Technology Co's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Climax Technology 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Climax Technology 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 Climax Technology Co and its competitors. For the Construction 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. Climax Technology Co's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Climax Technology Co stock overvalued right now?
Climax Technology Co (ROCO:7689) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Construction industry median of 5.00. Climax Technology Co's overall GF Score™ is 17/100 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 Climax Technology Co (ROCO:7689), the current Piotroski F-Score is 7 as of Jul. 17, 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.

Climax Technology Co Business Description

Address Hsin Hu 2nd Road, No.258, Taipei, TWN, 114
Climax Technology Co Ltd is an expert in the field of wireless home security systems, smart home solutions, telecare solutions, its own portal servers, and an extensive range of accessories, while specializing in RF technology, wireless and wired communication. Its products include wireless and wired alarm systems.
17GF Score

Get the complete analysis for ROCO:7689

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

NT$210.00
Price