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High Performance Information CoROCO:7767 +0.22%18 Piotroski F-Score is 3 as of Jul. 15, 2026, which is at its 10-year median of 3.00. GuruFocus rates ROCO:7767 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 2,735 Software companies, High Performance Information Co ranks worse than 79.01% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
High Performance Information Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for High Performance Information Co's Piotroski F-Score or its related term are showing as below:
ROCO:7767'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 3 Max: 3
Current: 3
During the past 5 years, the highest Piotroski F-Score of High Performance Information Co was 3. The lowest was 3. And the median was 3.
High Performance Information Co (ROCO:7767) 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.
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.
High Performance Information Co Piotroski F-Score Related Terms
High Performance Information Co Piotroski F-Score Historical Data
* 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.
High Performance Information Co Piotroski F-Score Chart
ROCO:7767 vs IBM, ACN, FISV: Piotroski F-Score Comparison
For the Information Technology Services subindustry, High Performance Information 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.
High Performance Information Co Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, High Performance Information Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where High Performance Information Co's Piotroski F-Score falls into.
* 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.
*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.
High Performance Information Co's current Net Income (TTM) was 112.
==> 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.
High Performance Information Co's current Cash Flow from Operations (TTM) was -45.
==> 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.
High Performance Information Co's return on assets of this year was 0.06453146. High Performance Information Co's return on assets of last year was 0.07059626.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
High Performance Information Co's gearing of this year was 0.14309902. High Performance Information Co's gearing of last year was 0.03587742.
==> 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
High Performance Information Co's current ratio of this year was 1.34462341. High Performance Information Co's current ratio of last year was 1.20174872.
==> 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.
High Performance Information Co's number of shares in issue this year was 27.604. High Performance Information Co's number of shares in issue last year was 26.677.
==> 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.
High Performance Information Co's gross margin of this year was 0.13778464. High Performance Information Co's gross margin of last year was 0.12075283.
==> 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
High Performance Information Co's asset turnover of this year was 1.36158477. High Performance Information Co's asset turnover of last year was 1.50808277.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
High Performance Information Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
High Performance Information Co (ROCO:7767) has a Piotroski F-Score of 3 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on High Performance Information Co and its competitors. This is near median its historical median of 3.00. Over the past decade, High Performance Information Co's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, High Performance Information Co ranks #2161 out of 2735 companies in the Software industry, placing it in the top 79%.
Is High Performance Information Co's Piotroski F-Score too high?
High Performance Information Co's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Software industry median Piotroski F-Score is 5.00. High Performance Information Co's value of 3 is 40% below this industry median. Based on the distribution chart, High Performance Information Co ranks #2161 out of 2735 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, High Performance Information Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does High Performance Information Co's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, High Performance Information Co ranks #2161 out of 2735 companies for Piotroski F-Score. This places High Performance Information Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. High Performance Information Co's value of 3 is 40% below this benchmark. Historically, High Performance Information Co's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, High Performance Information Co has consistently been below 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 2,735 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. High Performance Information Co's current Piotroski F-Score of 3 is 40% below 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 High Performance Information 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. High Performance Information Co's current Piotroski F-Score is 3, which is near 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 High Performance Information Co stock overvalued right now?
High Performance Information Co (ROCO:7767) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Software industry median of 5.00. High Performance Information Co's overall GF Score™ is 18/100 with 5 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 High Performance Information Co (ROCO:7767), the current Piotroski F-Score is 3 as of Jul. 15, 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.
High Performance Information Co Business Description
AddressNo. 118, Wugong 3rd Road, Wugu District, New Taipei City, TWN, 248019
High Performance Information Co Ltd is engaged in manufacturing in Taiwan's information service industry. It provides information software and hardware sales, maintenance, and IT outsourcing services. The group provides solutions and services through Internet and Information Security and Data Center modernization. Its products are servers, storage systems, network Hyperconvergence, laptop, desktop computer, monitor, printer, and others.
18GF Score
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