Jesper Co (ROCO:7831) Piotroski F-Score: 4 (As of Jul. 21, 2026) — Near Median

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ROCO:7831 Jesper Co Ltd ROCO:7831
6 GF Score
Price NT$33.80
! 2 Warning Signs
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What is Jesper Co Piotroski F-Score?

Jesper Co ROCO:7831 6 Piotroski F-Score is 4 as of Jul. 21, 2026, which is at its 10-year median of 4.00. GuruFocus rates ROCO:7831 with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Jesper Co ranks worse than 70.35% 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

Jesper Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

ROCO:7831' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 6
Current: 4

During the past 5 years, the highest Piotroski F-Score of Jesper Co was 6. The lowest was 4. And the median was 4.

Jesper Co  (ROCO:7831) 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.


Jesper Co Piotroski F-Score Related Terms


Jesper Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jesper 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.

Jesper Co Piotroski F-Score Chart

Jesper Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 4.00 4.00

Jesper Co Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 4.00 0.00 4.00

ROCO:7831 vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Jesper 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.


Jesper Co Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jesper Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:7831
6GF Score
Jesper Co Ltd ROCO:7831
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$-36.4 Mil.
Cash Flow from Operations was NT$6.9 Mil.
Revenue was NT$202.9 Mil.
Gross Profit was NT$15.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (480.222 + 615.132) / 2 = NT$547.677 Mil.
Total Assets at the begining of this year (Dec24) was NT$480.2 Mil.
Long-Term Debt & Capital Lease Obligation was NT$340.5 Mil.
Total Current Assets was NT$124.4 Mil.
Total Current Liabilities was NT$83.9 Mil.
Net Income was NT$4.2 Mil.

Revenue was NT$155.6 Mil.
Gross Profit was NT$31.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (125.829 + 480.222) / 2 = NT$303.0255 Mil.
Total Assets at the begining of last year (Dec23) was NT$125.8 Mil.
Long-Term Debt & Capital Lease Obligation was NT$209.4 Mil.
Total Current Assets was NT$200.4 Mil.
Total Current Liabilities was NT$44.8 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.

Jesper Co's current Net Income (TTM) was -36.4. ==> 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.

Jesper Co's current Cash Flow from Operations (TTM) was 6.9. ==> 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)
=-36.39/480.222
=-0.07577745

ROA (Last Year)=Net Income/Total Assets (Dec23)
=4.169/125.829
=0.03313227

Jesper Co's return on assets of this year was -0.07577745. Jesper Co's return on assets of last year was 0.03313227. ==> Last year is higher ==> Score 0.

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.

Jesper Co's current Net Income (TTM) was -36.4. Jesper Co's current Cash Flow from Operations (TTM) was 6.9. ==> 6.9 > -36.4 ==> 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
=340.489/547.677
=0.62169673

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=209.414/303.0255
=0.69107715

Jesper Co's gearing of this year was 0.62169673. Jesper Co's gearing of last year was 0.69107715. ==> 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
=124.412/83.897
=1.48291357

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=200.423/44.829
=4.47083361

Jesper Co's current ratio of this year was 1.48291357. Jesper Co's current ratio of last year was 4.47083361. ==> Last year's current ratio is higher ==> Score 0.

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.

Jesper Co's number of shares in issue this year was 13.379. Jesper Co's number of shares in issue last year was 13.401. ==> 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
=15.728/202.898
=0.07751678

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=31.623/155.613
=0.20321567

Jesper Co's gross margin of this year was 0.07751678. Jesper Co's gross margin of last year was 0.20321567. ==> Last year's gross margin is higher ==> Score 0.

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)
=202.898/480.222
=0.42250876

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=155.613/125.829
=1.23670219

Jesper Co's asset turnover of this year was 0.42250876. Jesper Co's asset turnover of last year was 1.23670219. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+1+0+1+0+0
=4

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

Jesper Co has an F-score of 4 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 4 mean?
Jesper Co (ROCO:7831) has a Piotroski F-Score of 4 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jesper Co and its competitors. This is near median its historical median of 4.00. Over the past decade, Jesper Co's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Jesper Co ranks #904 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 70.4%.
Is Jesper Co's Piotroski F-Score too high?
Jesper Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Jesper Co's value of 4 is 20% below this industry median. Based on the distribution chart, Jesper Co ranks #904 out of 1285 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Jesper Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Jesper Co's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Jesper Co ranks #904 out of 1285 companies for Piotroski F-Score. This places Jesper Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Jesper Co's value of 4 is 20% below this benchmark. Historically, Jesper Co's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Jesper 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,285 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. Jesper Co's current Piotroski F-Score of 4 is 20% 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 Jesper Co and its competitors. For the Vehicles & Parts 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. Jesper Co's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jesper Co stock overvalued right now?
Jesper Co (ROCO:7831) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Vehicles & Parts industry median of 5.00. Jesper Co's overall GF Score™ is 6/100 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 Jesper Co (ROCO:7831), the current Piotroski F-Score is 4 as of Jul. 21, 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.

Jesper Co Business Description

Address No. 8, Ziqiang S. Road, Room. 9, 5th Floor, Hsinchu County, Zhubei City, TWN
Jesper Co Ltd focuses on providing comprehensive services in the automotive after-sales service market. Its current business scope includes KeePer Pro Shop, Michelin Chijia Tire, and Jiebo All-round Body Repair Center. Its services are One-stop car full service content, Full Service Car Service Center, and Jiebo Sanchong Store.
6GF Score

Get the complete analysis for ROCO:7831

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

NT$33.80
Price