Daito Me Holdings Co (ROCO:8455) Piotroski F-Score: 8 (As of Jul. 02, 2026) — 60% Above Median


ROCO:8455 Daito Me Holdings Co Ltd ROCO:8455
59 GF Score
Price NT$27.75
GF Value NT$20.07
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Daito Me Holdings Co Piotroski F-Score?

Daito Me Holdings Co ROCO:8455 +1.09% 59 Piotroski F-Score is 8 as of Jul. 02, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates ROCO:8455 with a GF Score™ of 59/100 and a GF Value™ of NT$20.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,428 Hardware companies, Daito Me Holdings Co ranks better than 98.64% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Daito Me Holdings Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

ROCO:8455' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 8

During the past 12 years, the highest Piotroski F-Score of Daito Me Holdings Co was 8. The lowest was 4. And the median was 5.

Daito Me Holdings Co  (ROCO:8455) 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.


Daito Me Holdings Co Piotroski F-Score Related Terms


Daito Me Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daito Me Holdings 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.

Daito Me Holdings Co Piotroski F-Score Chart

Daito Me Holdings 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 4.00 5.00 4.00 8.00

Daito Me Holdings 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 4.00 6.00 5.00 8.00

ROCO:8455 vs SNDK, DELL, STX: Piotroski F-Score Comparison

For the Computer Hardware subindustry, Daito Me Holdings 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.


Daito Me Holdings Co Piotroski F-Score vs Hardware Industry

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

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


ROCO:8455
59GF Score
Daito Me Holdings Co Ltd ROCO:8455
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 -8.232 + 7.319 + 1.338 + 0.197 = NT$1 Mil.
Cash Flow from Operations was 19.824 + -9.587 + 38.548 + 18.254 = NT$67 Mil.
Revenue was 276.282 + 313.876 + 288.865 + 277.986 = NT$1,157 Mil.
Gross Profit was 23.345 + 41.181 + 37.798 + 32.72 = NT$135 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(1334.237 + 1360.17 + 1273.73 + 1302.418 + 1315.131) / 5 = NT$1317.1372 Mil.
Total Assets at the begining of this year (Dec24) was NT$1,334 Mil.
Long-Term Debt & Capital Lease Obligation was NT$104 Mil.
Total Current Assets was NT$648 Mil.
Total Current Liabilities was NT$581 Mil.
Net Income was 0.779 + -7.876 + -4.542 + -6.997 = NT$-19 Mil.

Revenue was 355.283 + 281.387 + 308.937 + 290.455 = NT$1,236 Mil.
Gross Profit was 28.967 + 18.508 + 29.26 + 20.486 = NT$97 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(1481.183 + 1469.253 + 1382.522 + 1395.837 + 1334.237) / 5 = NT$1412.6064 Mil.
Total Assets at the begining of last year (Dec23) was NT$1,481 Mil.
Long-Term Debt & Capital Lease Obligation was NT$133 Mil.
Total Current Assets was NT$697 Mil.
Total Current Liabilities was NT$592 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.

Daito Me Holdings Co's current Net Income (TTM) was 1. ==> 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.

Daito Me Holdings Co's current Cash Flow from Operations (TTM) was 67. ==> 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)
=0.622/1334.237
=0.00046618

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-18.636/1481.183
=-0.01258183

Daito Me Holdings Co's return on assets of this year was 0.00046618. Daito Me Holdings Co's return on assets of last year was -0.01258183. ==> 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.

Daito Me Holdings Co's current Net Income (TTM) was 1. Daito Me Holdings Co's current Cash Flow from Operations (TTM) was 67. ==> 67 > 1 ==> 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
=103.856/1317.1372
=0.0788498

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=133.153/1412.6064
=0.09426051

Daito Me Holdings Co's gearing of this year was 0.0788498. Daito Me Holdings Co's gearing of last year was 0.09426051. ==> 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
=647.718/581.03
=1.11477548

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=696.661/591.849
=1.17709247

Daito Me Holdings Co's current ratio of this year was 1.11477548. Daito Me Holdings Co's current ratio of last year was 1.17709247. ==> 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.

Daito Me Holdings Co's number of shares in issue this year was 25.219. Daito Me Holdings Co's number of shares in issue last year was 25.219. ==> 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
=135.044/1157.009
=0.11671819

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=97.221/1236.062
=0.07865382

Daito Me Holdings Co's gross margin of this year was 0.11671819. Daito Me Holdings Co's gross margin of last year was 0.07865382. ==> 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)
=1157.009/1334.237
=0.86716903

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1236.062/1481.183
=0.83450998

Daito Me Holdings Co's asset turnover of this year was 0.86716903. Daito Me Holdings Co's asset turnover of last year was 0.83450998. ==> 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+0+1+1+1
=8

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

Daito Me Holdings Co has an F-score of 8. 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 8 mean?
Daito Me Holdings Co (ROCO:8455) has a Piotroski F-Score of 8 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daito Me Holdings Co and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Daito Me Holdings Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Daito Me Holdings Co ranks #33 out of 2428 companies in the Hardware industry, placing it in the top 1.4%.
Is Daito Me Holdings Co's Piotroski F-Score too high?
Daito Me Holdings Co's current Piotroski F-Score of 8 is 60% above 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. Daito Me Holdings Co's value of 8 is 60% above this industry median. Based on the distribution chart, Daito Me Holdings Co ranks #33 out of 2428 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Daito Me Holdings Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Me Holdings Co's Piotroski F-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Daito Me Holdings Co ranks #33 out of 2428 companies for Piotroski F-Score. This places Daito Me Holdings Co in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Daito Me Holdings Co's value of 8 is 60% above this benchmark. Historically, Daito Me Holdings 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, Daito Me Holdings Co 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,428 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. Daito Me Holdings Co's current Piotroski F-Score of 8 is 60% 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 Daito Me Holdings 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. Daito Me Holdings Co's current Piotroski F-Score is 8, which is 60% above 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 Daito Me Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Daito Me Holdings Co (ROCO:8455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.07, compared to a current price of NT$27.75 — trading 38.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Hardware industry median of 5.00. Daito Me Holdings Co's overall GF Score™ is 59/100 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 Daito Me Holdings Co (ROCO:8455), the current Piotroski F-Score is 8 as of Jul. 02, 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 Daito Me Holdings Co (ROCO:8455) Overvalued in 2026?

Based on GuruFocus' analysis, Daito Me Holdings Co stock appears to be overvalued. The current stock price of NT$27.75 is trading 38.3% above its estimated GF Value™ of NT$20.07. GuruFocus considers Daito Me Holdings Co to be Significantly Overvalued.

Key valuation signals for ROCO:8455:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: NT$20.07 vs. price of NT$27.75 (38.3% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 60% above the Hardware median (#33 of 2428)

No single metric tells the full story. See the ROCO:8455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daito Me Holdings Co Business Description

Address 2-7-3 Miyukicho, Aichi Prefecture, Kasugai, TWN, 486-0953
Daito Me Holdings Co Ltd along with its subsidiaries, engages in the processing and sale of electronic components and machinery equipment. The company's reportable segments are; Merchandise which generates maximum revenue and is involved in the sale of electronic components and machinery equipment; the FA segment designs, manufactures, and sells power control hardware and software; the PC segment develops, designs, and sells industrial computers; and the PCB segment is engaged in manufacturing and trading of copper clad laminate and adhesive films. Geographically, the company derives a majority of its revenue from Japan and the rest from Taiwan.
59GF Score

Get the complete analysis for ROCO:8455

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

NT$27.75
Price
NT$20.07
GF Value