U-ARK Technology Co (ROCO:7724) Piotroski F-Score: 7 (As of Jul. 14, 2026) — 40% Above Median

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ROCO:7724 U-ARK Technology Co Ltd ROCO:7724
18 GF Score
Price NT$18.00
! 2 Warning Signs
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What is U-ARK Technology Co Piotroski F-Score?

U-ARK Technology Co ROCO:7724 18 Piotroski F-Score is 7 as of Jul. 14, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates ROCO:7724 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,740 Software companies, U-ARK Technology Co ranks better than 91.72% 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

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

ROCO:7724' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of U-ARK Technology Co was 7. The lowest was 3. And the median was 5.

U-ARK Technology Co  (ROCO:7724) 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.


U-ARK Technology Co Piotroski F-Score Related Terms


U-ARK Technology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for U-ARK 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.

U-ARK Technology Co Piotroski F-Score Chart

U-ARK Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 7.00

U-ARK Technology Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 3.00 0.00 7.00

ROCO:7724 vs UBER, SHOP, CRM: Piotroski F-Score Comparison

For the Software - Application subindustry, U-ARK 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.


U-ARK Technology Co Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, U-ARK Technology Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:7724
18GF Score
U-ARK Technology Co Ltd ROCO:7724
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$7.0 Mil.
Cash Flow from Operations was NT$2.6 Mil.
Revenue was NT$426.3 Mil.
Gross Profit was NT$128.2 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (667.85 + 672.053) / 2 = NT$669.9515 Mil.
Total Assets at the begining of this year (Dec24) was NT$667.9 Mil.
Long-Term Debt & Capital Lease Obligation was NT$71.0 Mil.
Total Current Assets was NT$373.6 Mil.
Total Current Liabilities was NT$88.9 Mil.
Net Income was NT$-6.5 Mil.

Revenue was NT$415.1 Mil.
Gross Profit was NT$90.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (688.551 + 667.85) / 2 = NT$678.2005 Mil.
Total Assets at the begining of last year (Dec23) was NT$688.6 Mil.
Long-Term Debt & Capital Lease Obligation was NT$61.2 Mil.
Total Current Assets was NT$386.8 Mil.
Total Current Liabilities was NT$100.4 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.

U-ARK Technology Co's current Net Income (TTM) was 7.0. ==> 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.

U-ARK Technology Co's current Cash Flow from Operations (TTM) was 2.6. ==> 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)
=7.035/667.85
=0.0105338

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-6.532/688.551
=-0.00948659

U-ARK Technology Co's return on assets of this year was 0.0105338. U-ARK Technology Co's return on assets of last year was -0.00948659. ==> 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.

U-ARK Technology Co's current Net Income (TTM) was 7.0. U-ARK Technology Co's current Cash Flow from Operations (TTM) was 2.6. ==> 2.6 <= 7.0 ==> 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
=71.001/669.9515
=0.10597931

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=61.244/678.2005
=0.09030368

U-ARK Technology Co's gearing of this year was 0.10597931. U-ARK Technology Co's gearing of last year was 0.09030368. ==> 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
=373.633/88.924
=4.20171157

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=386.772/100.417
=3.85165858

U-ARK Technology Co's current ratio of this year was 4.20171157. U-ARK Technology Co's current ratio of last year was 3.85165858. ==> 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.

U-ARK Technology Co's number of shares in issue this year was 35.353. U-ARK Technology Co's number of shares in issue last year was 35.381. ==> 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
=128.211/426.265
=0.30077769

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=90.232/415.141
=0.21735266

U-ARK Technology Co's gross margin of this year was 0.30077769. U-ARK Technology Co's gross margin of last year was 0.21735266. ==> 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)
=426.265/667.85
=0.63826458

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=415.141/688.551
=0.60291975

U-ARK Technology Co's asset turnover of this year was 0.63826458. U-ARK Technology Co's asset turnover of last year was 0.60291975. ==> 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

U-ARK 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?
U-ARK Technology Co (ROCO:7724) 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 U-ARK Technology Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, U-ARK Technology Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, U-ARK Technology Co ranks #227 out of 2740 companies in the Software industry, placing it in the top 8.3%.
Is U-ARK Technology Co's Piotroski F-Score too high?
U-ARK Technology Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. U-ARK Technology Co's value of 7 is 40% above this industry median. Based on the distribution chart, U-ARK Technology Co ranks #227 out of 2740 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, U-ARK Technology Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does U-ARK Technology Co's Piotroski F-Score compare to UBER and SHOP?
According to the Software industry distribution chart, U-ARK Technology Co ranks #227 out of 2740 companies for Piotroski F-Score. This places U-ARK Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. U-ARK Technology Co's value of 7 is 40% above this benchmark. Historically, U-ARK Technology Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, U-ARK 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,740 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. U-ARK 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 U-ARK Technology 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. U-ARK Technology Co's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-ARK Technology Co stock overvalued right now?
U-ARK Technology Co (ROCO:7724) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Software industry median of 5.00. U-ARK Technology Co's overall GF Score™ is 18/100 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 U-ARK Technology Co (ROCO:7724), 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.

U-ARK Technology Co Business Description

Address Renai Road, 2nd Floor, No. 1, Sec. 4, Daan District, Taipei, TWN, 106
U-ARK Technology Co Ltd SaaS-based long-term care software provider, identified a need for medical supplies in long-term care facilities through data analysis.
18GF Score

Get the complete analysis for ROCO:7724

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

NT$18.00
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