TerraLink Enterprise Co (ROCO:8080) Piotroski F-Score: 4 (As of Jul. 13, 2026) — Near Median

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ROCO:8080 TerraLink Enterprise Co Ltd ROCO:8080
46 GF Score
Price NT$27.55
GF Value NT$6.56
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is TerraLink Enterprise Co Piotroski F-Score?

TerraLink Enterprise Co ROCO:8080 -0.36% 46 Piotroski F-Score is 4 as of Jul. 13, 2026, which is at its 10-year median of 4.00. GuruFocus rates ROCO:8080 with a GF Score™ of 46/100 and a GF Value™ of NT$6.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,434 Hardware companies, TerraLink Enterprise Co ranks worse than 62.28% 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

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

ROCO:8080' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of TerraLink Enterprise Co was 7. The lowest was 1. And the median was 4.

TerraLink Enterprise Co  (ROCO:8080) 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.


TerraLink Enterprise Co Piotroski F-Score Related Terms


TerraLink Enterprise Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for TerraLink Enterprise 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.

TerraLink Enterprise Co Piotroski F-Score Chart

TerraLink Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 7.00 4.00 4.00

TerraLink Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 5.00 6.00 6.00 4.00

ROCO:8080 vs APH, GLW: Piotroski F-Score Comparison

For the Electronic Components subindustry, TerraLink Enterprise 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.


TerraLink Enterprise Co Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, TerraLink Enterprise Co's Piotroski F-Score distribution charts can be found below:

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


ROCO:8080
46GF Score
TerraLink Enterprise Co Ltd ROCO:8080
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 7.214 + 9.006 + -3.57 + -5.121 = NT$7.5 Mil.
Cash Flow from Operations was 18.188 + -74.866 + -48.281 + -481.775 = NT$-586.7 Mil.
Revenue was 60.168 + 49.012 + 40.741 + 47.588 = NT$197.5 Mil.
Gross Profit was 15.106 + 11.296 + 5.828 + 10.398 = NT$42.6 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(576.41 + 603.978 + 601.42 + 610.97 + 1027.177) / 5 = NT$683.991 Mil.
Total Assets at the begining of this year (Dec24) was NT$576.4 Mil.
Long-Term Debt & Capital Lease Obligation was NT$0.0 Mil.
Total Current Assets was NT$929.8 Mil.
Total Current Liabilities was NT$456.1 Mil.
Net Income was -5.546 + -12.492 + 3.845 + -3.808 = NT$-18.0 Mil.

Revenue was 31.596 + 42.222 + 38.011 + 49.563 = NT$161.4 Mil.
Gross Profit was 6.443 + 3.912 + 8.045 + 4.568 = NT$23.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(324.226 + 332.734 + 330.459 + 648.123 + 576.41) / 5 = NT$442.3904 Mil.
Total Assets at the begining of last year (Dec23) was NT$324.2 Mil.
Long-Term Debt & Capital Lease Obligation was NT$0.0 Mil.
Total Current Assets was NT$491.2 Mil.
Total Current Liabilities was NT$103.6 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.

TerraLink Enterprise Co's current Net Income (TTM) was 7.5. ==> 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.

TerraLink Enterprise Co's current Cash Flow from Operations (TTM) was -586.7. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=7.529/576.41
=0.01306188

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-18.001/324.226
=-0.05551992

TerraLink Enterprise Co's return on assets of this year was 0.01306188. TerraLink Enterprise Co's return on assets of last year was -0.05551992. ==> 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.

TerraLink Enterprise Co's current Net Income (TTM) was 7.5. TerraLink Enterprise Co's current Cash Flow from Operations (TTM) was -586.7. ==> -586.7 <= 7.5 ==> 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
=0/683.991
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/442.3904
=0

TerraLink Enterprise Co's gearing of this year was 0. TerraLink Enterprise Co's gearing of last year was 0. ==> 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
=929.756/456.122
=2.03839324

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=491.172/103.642
=4.73912121

TerraLink Enterprise Co's current ratio of this year was 2.03839324. TerraLink Enterprise Co's current ratio of last year was 4.73912121. ==> 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.

TerraLink Enterprise Co's number of shares in issue this year was 64.74. TerraLink Enterprise Co's number of shares in issue last year was 63.164. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=42.628/197.509
=0.21582814

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=22.968/161.392
=0.14231189

TerraLink Enterprise Co's gross margin of this year was 0.21582814. TerraLink Enterprise Co's gross margin of last year was 0.14231189. ==> 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)
=197.509/576.41
=0.34265367

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=161.392/324.226
=0.49777624

TerraLink Enterprise Co's asset turnover of this year was 0.34265367. TerraLink Enterprise Co's asset turnover of last year was 0.49777624. ==> 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
=1+0+1+0+1+0+0+1+0
=4

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

TerraLink Enterprise 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?
TerraLink Enterprise Co (ROCO:8080) has a Piotroski F-Score of 4 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TerraLink Enterprise Co and its competitors. This is near median its historical median of 4.00. Over the past decade, TerraLink Enterprise Co's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, TerraLink Enterprise Co ranks #1516 out of 2434 companies in the Hardware industry, placing it in the top 62.3%.
Is TerraLink Enterprise Co's Piotroski F-Score too high?
TerraLink Enterprise 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 1.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. TerraLink Enterprise Co's value of 4 is 20% below this industry median. Based on the distribution chart, TerraLink Enterprise Co ranks #1516 out of 2434 companies in the Hardware industry, which is below the industry midpoint. Overall, TerraLink Enterprise Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TerraLink Enterprise Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, TerraLink Enterprise Co ranks #1516 out of 2434 companies for Piotroski F-Score. This places TerraLink Enterprise Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. TerraLink Enterprise Co's value of 4 is 20% below this benchmark. Historically, TerraLink Enterprise Co's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, TerraLink Enterprise 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 2,434 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. TerraLink Enterprise 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 TerraLink Enterprise 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. TerraLink Enterprise 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 TerraLink Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, TerraLink Enterprise Co (ROCO:8080) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.56, compared to a current price of NT$27.55 — trading 320% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Hardware industry median of 5.00. TerraLink Enterprise Co's overall GF Score™ is 46/100 with 6 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 TerraLink Enterprise Co (ROCO:8080), the current Piotroski F-Score is 4 as of Jul. 13, 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 TerraLink Enterprise Co (ROCO:8080) Overvalued in 2026?

Based on GuruFocus' analysis, TerraLink Enterprise Co stock appears to be overvalued. The current stock price of NT$27.55 is trading 320% above its estimated GF Value™ of NT$6.56. GuruFocus considers TerraLink Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:8080:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: NT$6.56 vs. price of NT$27.55 (320% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 20% below the Hardware median (#1516 of 2434)

No single metric tells the full story. See the ROCO:8080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TerraLink Enterprise Co Business Description

Address 9th Floor, No. 451, Chongyang Road, Nangang District, Taipei, TWN, 105
TerraLink Enterprise Co Ltd is involved in the removal and disposal of garbage, as well as the handling of disposal of construction surplus soil and other engineering sectors. The company has two segments namely, Department A is located in the Taiwan, with its main businesses and products focusing in the operation of Earthworks and sale of goods and the other department is situated in the British Virgin Islands, with its primary focus on reinvestment activities.
46GF Score

Get the complete analysis for ROCO:8080

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

NT$27.55
Price
NT$6.56
GF Value