Pro-Hawk (ROCO:8083) Piotroski F-Score: 7 (As of Jun. 29, 2026) — 17% Above Median


ROCO:8083 Pro-Hawk Corp ROCO:8083
78 GF Score
Price NT$170.00
GF Value NT$170.20
Valuation Fairly Valued
! 3 Warning Signs
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What is Pro-Hawk Piotroski F-Score?

Pro-Hawk ROCO:8083 -0.58% 78 Piotroski F-Score is 7 as of Jun. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates ROCO:8083 with a GF Score™ of 78/100 and a GF Value™ of NT$170.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Pro-Hawk ranks better than 89.04% 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

Pro-Hawk 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 Pro-Hawk's Piotroski F-Score or its related term are showing as below:

ROCO:8083' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Pro-Hawk was 9. The lowest was 3. And the median was 6.

Pro-Hawk  (ROCO:8083) 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.


Pro-Hawk Piotroski F-Score Related Terms


Pro-Hawk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pro-Hawk'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.

Pro-Hawk Piotroski F-Score Chart

Pro-Hawk 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 4.00 7.00 5.00 9.00 6.00

Pro-Hawk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.00 4.00 5.00 6.00 7.00

ROCO:8083 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Pro-Hawk'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.


Pro-Hawk Piotroski F-Score vs Vehicles & Parts Industry

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

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


ROCO:8083
78GF Score
Pro-Hawk Corp ROCO:8083
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 99.409 + 81.405 + 96.906 + 96.425 = NT$374 Mil.
Cash Flow from Operations was 19.193 + 164.19 + 153.939 + 103.788 = NT$441 Mil.
Revenue was 473.306 + 333.006 + 344.558 + 344.553 = NT$1,495 Mil.
Gross Profit was 195.699 + 128.796 + 137.681 + 145.762 = NT$608 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1679.901 + 1898.364 + 1747.731 + 1715.6 + 1670.226) / 5 = NT$1742.3644 Mil.
Total Assets at the begining of this year (Mar25) was NT$1,680 Mil.
Long-Term Debt & Capital Lease Obligation was NT$0 Mil.
Total Current Assets was NT$949 Mil.
Total Current Liabilities was NT$347 Mil.
Net Income was 120.184 + 62.815 + 66.236 + 66.474 = NT$316 Mil.

Revenue was 450.486 + 308.685 + 292.356 + 280.467 = NT$1,332 Mil.
Gross Profit was 205.378 + 130.988 + 119.498 + 118.089 = NT$574 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1807.656 + 1804.675 + 1711.949 + 1675.865 + 1679.901) / 5 = NT$1736.0092 Mil.
Total Assets at the begining of last year (Mar24) was NT$1,808 Mil.
Long-Term Debt & Capital Lease Obligation was NT$13 Mil.
Total Current Assets was NT$899 Mil.
Total Current Liabilities was NT$366 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.

Pro-Hawk's current Net Income (TTM) was 374. ==> 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.

Pro-Hawk's current Cash Flow from Operations (TTM) was 441. ==> 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 (Mar25)
=374.145/1679.901
=0.22271848

ROA (Last Year)=Net Income/Total Assets (Mar24)
=315.709/1807.656
=0.17465104

Pro-Hawk's return on assets of this year was 0.22271848. Pro-Hawk's return on assets of last year was 0.17465104. ==> 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.

Pro-Hawk's current Net Income (TTM) was 374. Pro-Hawk's current Cash Flow from Operations (TTM) was 441. ==> 441 > 374 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/1742.3644
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=13.073/1736.0092
=0.00753049

Pro-Hawk's gearing of this year was 0. Pro-Hawk's gearing of last year was 0.00753049. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=948.948/346.598
=2.73789231

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=898.801/366.191
=2.45445956

Pro-Hawk's current ratio of this year was 2.73789231. Pro-Hawk's current ratio of last year was 2.45445956. ==> 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.

Pro-Hawk's number of shares in issue this year was 35.183. Pro-Hawk's number of shares in issue last year was 35.171. ==> 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
=607.938/1495.423
=0.40653247

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=573.953/1331.994
=0.43089759

Pro-Hawk's gross margin of this year was 0.40653247. Pro-Hawk's gross margin of last year was 0.43089759. ==> 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 (Mar25)
=1495.423/1679.901
=0.8901852

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1331.994/1807.656
=0.73686254

Pro-Hawk's asset turnover of this year was 0.8901852. Pro-Hawk's asset turnover of last year was 0.73686254. ==> 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+1+1+1+0+0+1
=7

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

Pro-Hawk 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?
Pro-Hawk (ROCO:8083) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pro-Hawk and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Pro-Hawk's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Pro-Hawk ranks #141 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 11%.
Is Pro-Hawk's Piotroski F-Score too high?
Pro-Hawk's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Pro-Hawk's value of 7 is 40% above this industry median. Based on the distribution chart, Pro-Hawk ranks #141 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Pro-Hawk has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pro-Hawk's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Pro-Hawk ranks #141 out of 1286 companies for Piotroski F-Score. This places Pro-Hawk in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Pro-Hawk's value of 7 is 40% above this benchmark. Historically, Pro-Hawk's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Pro-Hawk 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. Pro-Hawk'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 Pro-Hawk 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. Pro-Hawk's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pro-Hawk stock overvalued right now?
Based on GuruFocus' analysis, Pro-Hawk (ROCO:8083) is currently considered Fairly Valued. The stock's GF Value™ is NT$170.20, compared to a current price of NT$170.00 — trading 0.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. Pro-Hawk's overall GF Score™ is 78/100 with 3 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 Pro-Hawk (ROCO:8083), the current Piotroski F-Score is 7 as of Jun. 29, 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 Pro-Hawk (ROCO:8083) Overvalued in 2026?

Based on GuruFocus' analysis, Pro-Hawk stock appears to be undervalued. The current stock price of NT$170.00 is trading 0.1% below its estimated GF Value™ of NT$170.20. GuruFocus considers Pro-Hawk to be Fairly Valued.

Key valuation signals for ROCO:8083:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: NT$170.20 vs. price of NT$170.00 (0.1% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 40% above the Vehicles & Parts median (#141 of 1286)

No single metric tells the full story. See the ROCO:8083 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pro-Hawk Business Description

Address No. 8, Wu-Chuan 3rd Road, New Taipei Industrial Park, New Taipei City, TWN, 24200
Pro-Hawk Corp is engaged in the manufacturing and distribution of bearings. It is specialized in designing, developing and manufacturing of bearings, rollers, injection parts and OEM parts for conveyor systems, garage and truck doors, sliding doors, caster and wheels, and automotive applications. It provides bearings for garage doors, bearings for trolleys and bearings for automatic warehouses.
78GF Score

Get the complete analysis for ROCO:8083

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

NT$170.00
Price
NT$170.20
GF Value