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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Eagle Cold Storage Enterprise Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Eagle Cold Storage Enterprise Co's Piotroski F-Score or its related term are showing as below:
ROCO:8905'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Eagle Cold Storage Enterprise Co was 9. The lowest was 3. And the median was 5.
Eagle Cold Storage Enterprise Co (ROCO:8905) 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.
Eagle Cold Storage Enterprise Co Piotroski F-Score Related Terms
Eagle Cold Storage Enterprise Co Piotroski F-Score Historical Data
* 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.
Eagle Cold Storage Enterprise Co Piotroski F-Score Chart
ROCO:8905 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Eagle Cold Storage 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.
Eagle Cold Storage Enterprise Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Eagle Cold Storage Enterprise Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Eagle Cold Storage Enterprise 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.
*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.
Eagle Cold Storage Enterprise Co's current Net Income (TTM) was 70.
==> 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.
Eagle Cold Storage Enterprise Co's current Cash Flow from Operations (TTM) was 250.
==> 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.
Eagle Cold Storage Enterprise Co's return on assets of this year was 0.01997066. Eagle Cold Storage Enterprise Co's return on assets of last year was 0.04507067.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Eagle Cold Storage Enterprise Co's gearing of this year was 0.05439151. Eagle Cold Storage Enterprise Co's gearing of last year was 0.04516097.
==> Last year is lower than this year ==> Score 0.
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
Eagle Cold Storage Enterprise Co's current ratio of this year was 2.9284922. Eagle Cold Storage Enterprise Co's current ratio of last year was 3.1550721.
==> 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.
Eagle Cold Storage Enterprise Co's number of shares in issue this year was 115.574. Eagle Cold Storage Enterprise Co's number of shares in issue last year was 115.813.
==> 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.
Eagle Cold Storage Enterprise Co's gross margin of this year was 0.09764599. Eagle Cold Storage Enterprise Co's gross margin of last year was 0.15520802.
==> 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
Eagle Cold Storage Enterprise Co's asset turnover of this year was 0.59865931. Eagle Cold Storage Enterprise Co's asset turnover of last year was 0.59221068.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Eagle Cold Storage Enterprise Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Eagle Cold Storage Enterprise Co (ROCO:8905) has a Piotroski F-Score of 5 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Eagle Cold Storage Enterprise Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Eagle Cold Storage Enterprise Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Eagle Cold Storage Enterprise Co ranks #922 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 48.3%.
Is Eagle Cold Storage Enterprise Co's Piotroski F-Score too high?
Eagle Cold Storage Enterprise Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Eagle Cold Storage Enterprise Co's value of 5 is 0% at this industry median. Based on the distribution chart, Eagle Cold Storage Enterprise Co ranks #922 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Eagle Cold Storage Enterprise Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Cold Storage Enterprise Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Eagle Cold Storage Enterprise Co ranks #922 out of 1910 companies for Piotroski F-Score. This puts Eagle Cold Storage Enterprise Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Eagle Cold Storage Enterprise Co's value of 5 is 0% at this benchmark. Historically, Eagle Cold Storage Enterprise Co'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 5.00 vs. the industry median of 5.00, Eagle Cold Storage Enterprise Co has consistently been at 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,910 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. Eagle Cold Storage Enterprise Co's current Piotroski F-Score of 5 is 0% at 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 Eagle Cold Storage Enterprise Co and its competitors. For the Consumer Packaged Goods 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. Eagle Cold Storage Enterprise Co's current Piotroski F-Score is 5, which is near 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 Eagle Cold Storage Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Eagle Cold Storage Enterprise Co (ROCO:8905) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.56, compared to a current price of NT$29.15 — trading 2.1% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Eagle Cold Storage Enterprise Co's overall GF Score™ is 68/100 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 Eagle Cold Storage Enterprise Co (ROCO:8905), the current Piotroski F-Score is 5 as of Jul. 15, 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 Eagle Cold Storage Enterprise Co (ROCO:8905) Overvalued in 2026?
Based on GuruFocus' analysis, Eagle Cold Storage Enterprise Co stock appears to be overvalued.
The current stock price of NT$29.15 is trading 2.1% above its estimated GF Value™ of NT$28.56.
GuruFocus considers Eagle Cold Storage Enterprise Co to be Fairly Valued.
Key valuation signals for ROCO:8905:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: NT$28.56 vs. price of NT$29.15 (2.1% above fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#922 of 1910)
No single metric tells the full story. See the ROCO:8905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eagle Cold Storage Enterprise Co Business Description
Eagle Cold Storage Enterprise Co Ltd is a Taiwan-based low-temperature storage company. The Company is predominantly involved in the trading of imported vegetables and frozen meat, leasing refrigerated warehouses for vegetables, fruit, fish, meat, and ice products, and the manufacturing and processing of agricultural goods and food. Its segments include the Warehousing Department, which leases refrigeration equipment and cold storage and provides logistics services; the Meats Segment, which processes and trades vegetables and meats and generates maximum revenue; and the Construction Segment, which is engaged in the development, leasing and sale of land and the construction of residential properties. The Company generates maximum revenue from Taiwan.
68GF Score
Get the complete analysis for ROCO:8905
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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