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Kuo Toong International CoROCO:8936 -0.78%85 Piotroski F-Score is 6 as of Aug. 31, 2026, which is at its 10-year median of 6.00. GuruFocus rates ROCO:8936 with a GF Score™ of 85/100 and a GF Value™ of NT$72.98 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,743 Construction companies, Kuo Toong International Co ranks better than 76.02% 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
Kuo Toong International Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Kuo Toong International Co's Piotroski F-Score or its related term are showing as below:
ROCO:8936'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Kuo Toong International Co was 8. The lowest was 1. And the median was 6.
Kuo Toong International Co (ROCO:8936) 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.
Kuo Toong International Co Piotroski F-Score Related Terms
Kuo Toong International 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.
Kuo Toong International Co Piotroski F-Score Chart
ROCO:8936 vs TT, JCI, CARR: Piotroski F-Score Comparison
For the Building Products & Equipment subindustry, Kuo Toong International 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.
Kuo Toong International Co Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Kuo Toong International Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kuo Toong International 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 332.571 + 280.803 + 246.377 + 216.494 = NT$1,076 Mil. Cash Flow from Operations was -136.929 + 233.587 + 450.778 + -164.349 = NT$383 Mil. Revenue was 1733.502 + 1812.713 + 1715.495 + 1602.505 = NT$6,864 Mil. Gross Profit was 504.358 + 415.211 + 387.332 + 359.609 = NT$1,667 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(13310.4 + 13710.087 + 14069.557 + 14196.237 + 14483.047) / 5 = NT$13953.8656 Mil. Total Assets at the begining of this year (Jun25) was NT$13,310 Mil. Long-Term Debt & Capital Lease Obligation was NT$2,162 Mil. Total Current Assets was NT$6,897 Mil. Total Current Liabilities was NT$3,766 Mil.
Net Income was 179.927 + 268.784 + 183.467 + 215.831 = NT$848 Mil.
Revenue was 1194.262 + 1433.7 + 1353.864 + 1409.712 = NT$5,392 Mil. Gross Profit was 294.948 + 389.786 + 340.616 + 381.495 = NT$1,407 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(12147.649 + 12846.013 + 13374.884 + 13346.668 + 13310.4) / 5 = NT$13005.1228 Mil. Total Assets at the begining of last year (Jun24) was NT$12,148 Mil. Long-Term Debt & Capital Lease Obligation was NT$2,249 Mil. Total Current Assets was NT$5,489 Mil. Total Current Liabilities was NT$2,847 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.
Kuo Toong International Co's current Net Income (TTM) was 1,076.
==> 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.
Kuo Toong International Co's current Cash Flow from Operations (TTM) was 383.
==> 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.
Kuo Toong International Co's return on assets of this year was 0.08085745. Kuo Toong International Co's return on assets of last year was 0.06980849.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kuo Toong International Co's gearing of this year was 0.15490632. Kuo Toong International Co's gearing of last year was 0.17292901.
==> 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
Kuo Toong International Co's current ratio of this year was 1.83134315. Kuo Toong International Co's current ratio of last year was 1.92840285.
==> 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.
Kuo Toong International Co's number of shares in issue this year was 248.844. Kuo Toong International Co's number of shares in issue last year was 250.966.
==> 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.
Kuo Toong International Co's gross margin of this year was 0.24278231. Kuo Toong International Co's gross margin of last year was 0.26093575.
==> 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
Kuo Toong International Co's asset turnover of this year was 0.51570313. Kuo Toong International Co's asset turnover of last year was 0.44383386.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kuo Toong International Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Kuo Toong International Co (ROCO:8936) has a Piotroski F-Score of 6 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kuo Toong International Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Kuo Toong International Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Kuo Toong International Co ranks #418 out of 1743 companies in the Construction industry, placing it in the top 24%.
Is Kuo Toong International Co's Piotroski F-Score too high?
Kuo Toong International Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Kuo Toong International Co's value of 6 is 20% above this industry median. Based on the distribution chart, Kuo Toong International Co ranks #418 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kuo Toong International Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kuo Toong International Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Kuo Toong International Co ranks #418 out of 1743 companies for Piotroski F-Score. This places Kuo Toong International Co in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kuo Toong International Co's value of 6 is 20% above this benchmark. Historically, Kuo Toong International Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kuo Toong International 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,743 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. Kuo Toong International Co's current Piotroski F-Score of 6 is 20% 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 Kuo Toong International Co and its competitors. For the Construction 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. Kuo Toong International Co's current Piotroski F-Score is 6, which is near 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 Kuo Toong International Co stock overvalued right now?
Based on GuruFocus' analysis, Kuo Toong International Co (ROCO:8936) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$72.98, compared to a current price of NT$50.70 — trading 30.5% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Kuo Toong International Co's overall GF Score™ is 85/100 with 2 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 Kuo Toong International Co (ROCO:8936), the current Piotroski F-Score is 6 as of Aug. 31, 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 Kuo Toong International Co (ROCO:8936) Overvalued in 2026?
Based on GuruFocus' analysis, Kuo Toong International Co stock appears to be undervalued.
The current stock price of NT$50.70 is trading 30.5% below its estimated GF Value™ of NT$72.98.
GuruFocus considers Kuo Toong International Co to be Significantly Undervalued.
Key valuation signals for ROCO:8936:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: NT$72.98 vs. price of NT$50.70 (30.5% below fair value)
Industry Position: 20% above the Construction median (#418 of 1743)
No single metric tells the full story. See the ROCO:8936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kuo Toong International Co Ltd is engaged in the manufacturing and trading of various prestressed concrete pipes, straight steel pipes, propelling steel pipes, ductile iron pipes, cement products, and spare parts. In addition, it is also involved in assembling and embedding various water pipes and spare parts. The group has three reportable operating segments, which are Kuo Toong, which derives maximum revenue, Kuo Yang, and Other.
85GF Score
Get the complete analysis for ROCO:8936
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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