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Firich Enterprises CoROCO:8076 -0.64%72 Piotroski F-Score is 4 as of Aug. 06, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates ROCO:8076 with a GF Score™ of 72/100 and a GF Value™ of NT$26.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,417 Hardware companies, Firich Enterprises Co ranks worse than 61.11% 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
Firich Enterprises 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 Firich Enterprises Co's Piotroski F-Score or its related term are showing as below:
ROCO:8076'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Firich Enterprises Co was 8. The lowest was 4. And the median was 5.
Firich Enterprises Co (ROCO:8076) 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.
Firich Enterprises Co Piotroski F-Score Related Terms
Firich Enterprises Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Firich Enterprises 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.
ROCO:8076 vs DELL, ANET, SNDK: Piotroski F-Score Comparison
For the Computer Hardware subindustry, Firich Enterprises 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.
Firich Enterprises Co Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Firich Enterprises Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Firich Enterprises 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 86.85 + -94.071 + 37.958 + 47.42 = NT$78 Mil. Cash Flow from Operations was -64.457 + 61.602 + 95.328 + -207.435 = NT$-115 Mil. Revenue was 522.342 + 425.465 + 597.59 + 652.698 = NT$2,198 Mil. Gross Profit was 184.091 + 132.793 + 194.386 + 228.547 = NT$740 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(6570.408 + 6607.676 + 6356.408 + 6318.836 + 6378.473) / 5 = NT$6446.3602 Mil. Total Assets at the begining of this year (Mar25) was NT$6,570 Mil. Long-Term Debt & Capital Lease Obligation was NT$79 Mil. Total Current Assets was NT$2,528 Mil. Total Current Liabilities was NT$2,421 Mil.
Net Income was 363.858 + 135.667 + -292.096 + 11.292 = NT$219 Mil.
Revenue was 577.866 + 489.401 + 567.475 + 427.259 = NT$2,062 Mil. Gross Profit was 187.259 + 159.354 + 172.516 + 153.058 = NT$672 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(7018.527 + 7721.312 + 7558.756 + 6924.118 + 6570.408) / 5 = NT$7158.6242 Mil. Total Assets at the begining of last year (Mar24) was NT$7,019 Mil. Long-Term Debt & Capital Lease Obligation was NT$547 Mil. Total Current Assets was NT$2,132 Mil. Total Current Liabilities was NT$1,648 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.
Firich Enterprises Co's current Net Income (TTM) was 78.
==> 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.
Firich Enterprises Co's return on assets of this year was 0.0118953. Firich Enterprises Co's return on assets of last year was 0.03116338.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Firich Enterprises Co's gearing of this year was 0.01220984. Firich Enterprises Co's gearing of last year was 0.07635294.
==> 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
Firich Enterprises Co's current ratio of this year was 1.0439261. Firich Enterprises Co's current ratio of last year was 1.29330468.
==> 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.
Firich Enterprises Co's number of shares in issue this year was 296.375. Firich Enterprises Co's number of shares in issue last year was 282.3.
==> 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.
Firich Enterprises Co's gross margin of this year was 0.3365719. Firich Enterprises Co's gross margin of last year was 0.32598772.
==> 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
Firich Enterprises Co's asset turnover of this year was 0.33454467. Firich Enterprises Co's asset turnover of last year was 0.29379398.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Firich Enterprises Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Firich Enterprises Co (ROCO:8076) has a Piotroski F-Score of 4 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Firich Enterprises Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Firich Enterprises Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Firich Enterprises Co ranks #1477 out of 2417 companies in the Hardware industry, placing it in the top 61.1%.
Is Firich Enterprises Co's Piotroski F-Score too high?
Firich Enterprises Co's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Firich Enterprises Co's value of 4 is 20% below this industry median. Based on the distribution chart, Firich Enterprises Co ranks #1477 out of 2417 companies in the Hardware industry, which is below the industry midpoint. Overall, Firich Enterprises Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firich Enterprises Co's Piotroski F-Score compare to DELL and ANET?
According to the Hardware industry distribution chart, Firich Enterprises Co ranks #1477 out of 2417 companies for Piotroski F-Score. This places Firich Enterprises Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Firich Enterprises Co's value of 4 is 20% below this benchmark. Historically, Firich Enterprises Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Firich Enterprises 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,417 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. Firich Enterprises 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 Firich Enterprises Co and its competitors. For the Hardware 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. Firich Enterprises Co's current Piotroski F-Score is 4, which is 20% below 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 Firich Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Firich Enterprises Co (ROCO:8076) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.18, compared to a current price of NT$23.15 — trading 11.6% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Hardware industry median of 5.00. Firich Enterprises Co's overall GF Score™ is 72/100 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 Firich Enterprises Co (ROCO:8076), the current Piotroski F-Score is 4 as of Aug. 06, 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 Firich Enterprises Co (ROCO:8076) Overvalued in 2026?
Based on GuruFocus' analysis, Firich Enterprises Co stock appears to be undervalued.
The current stock price of NT$23.15 is trading 11.6% below its estimated GF Value™ of NT$26.18.
GuruFocus considers Firich Enterprises Co to be Modestly Undervalued.
Key valuation signals for ROCO:8076:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: NT$26.18 vs. price of NT$23.15 (11.6% below fair value)
Industry Position: 20% below the Hardware median (#1477 of 2417)
No single metric tells the full story. See the ROCO:8076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firich Enterprises Co Ltd operates in the assembly, manufacture, import, and export of business-oriented computers and their peripheral equipment. It is engaged in the POS systems business, generating solid and consistent growth. FEC provides a range of POS products, including all-in-one touch terminals, box PCs, monitors, and related peripherals. The group is divided into two reportable segments: Computers and its peripherals, which design, manufacture, and sell POS system hardware and software as well as related after-sales and maintenance services; and Other, which deals in the wholesale of alcoholic beverages. The majority of the revenue is generated from the Computers and its peripherals segment.
72GF Score
Get the complete analysis for ROCO:8076
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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