Roo Hsing Garment Co (TPE:4414) Piotroski F-Score: 6 (As of Aug. 29, 2026) — 20% Above Median

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TPE:4414 Roo Hsing Garment Co Ltd TPE:4414
64 GF Score
Price NT$8.39
GF Value NT$10.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Roo Hsing Garment Co Piotroski F-Score?

Roo Hsing Garment Co TPE:4414 -0.24% 64 Piotroski F-Score is 6 as of Aug. 29, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TPE:4414 with a GF Score™ of 64/100 and a GF Value™ of NT$10.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,052 Manufacturing - Apparel & Accessories companies, Roo Hsing Garment Co ranks better than 75.86% 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

Roo Hsing Garment 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 Roo Hsing Garment Co's Piotroski F-Score or its related term are showing as below:

TPE:4414' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Roo Hsing Garment Co was 9. The lowest was 2. And the median was 5.

Roo Hsing Garment Co  (TPE:4414) 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.


Roo Hsing Garment Co Piotroski F-Score Related Terms


Roo Hsing Garment Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Roo Hsing Garment 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.

Roo Hsing Garment Co Piotroski F-Score Chart

Roo Hsing Garment 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 3.00 4.00 6.00 8.00 6.00

Roo Hsing Garment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.00 8.00 6.00 3.00 6.00

TPE:4414 vs RL, LEVI, VFC: Piotroski F-Score Comparison

For the Apparel Manufacturing subindustry, Roo Hsing Garment 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.


Roo Hsing Garment Co Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Roo Hsing Garment Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Roo Hsing Garment Co's Piotroski F-Score falls into.


TPE:4414
64GF Score
Roo Hsing Garment Co Ltd TPE:4414
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 162.267 + 165.2 + -317.664 + 34.484 = NT$44 Mil.
Cash Flow from Operations was 246.764 + -142.499 + 652.519 + -405.66 = NT$351 Mil.
Revenue was 3693.011 + 3721.181 + 3299.887 + 3845.451 = NT$14,560 Mil.
Gross Profit was 637.076 + 742.566 + 512.664 + 636.879 = NT$2,529 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(11804.47 + 12642.971 + 13412.908 + 13702.946 + 13681.595) / 5 = NT$13048.978 Mil.
Total Assets at the begining of this year (Jun25) was NT$11,804 Mil.
Long-Term Debt & Capital Lease Obligation was NT$283 Mil.
Total Current Assets was NT$8,238 Mil.
Total Current Liabilities was NT$8,886 Mil.
Net Income was -13.092 + 325.276 + 5.861 + -163.572 = NT$154 Mil.

Revenue was 4403.819 + 4048.68 + 3287.342 + 3387.543 = NT$15,127 Mil.
Gross Profit was 789.908 + 726.286 + 764.91 + 625.806 = NT$2,907 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(13403.683 + 13244.479 + 13277.533 + 12884.95 + 11804.47) / 5 = NT$12923.023 Mil.
Total Assets at the begining of last year (Jun24) was NT$13,404 Mil.
Long-Term Debt & Capital Lease Obligation was NT$297 Mil.
Total Current Assets was NT$6,734 Mil.
Total Current Liabilities was NT$7,390 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.

Roo Hsing Garment Co's current Net Income (TTM) was 44. ==> 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.

Roo Hsing Garment Co's current Cash Flow from Operations (TTM) was 351. ==> 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 (Jun25)
=44.287/11804.47
=0.00375171

ROA (Last Year)=Net Income/Total Assets (Jun24)
=154.473/13403.683
=0.01152467

Roo Hsing Garment Co's return on assets of this year was 0.00375171. Roo Hsing Garment Co's return on assets of last year was 0.01152467. ==> Last year is higher ==> Score 0.

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.

Roo Hsing Garment Co's current Net Income (TTM) was 44. Roo Hsing Garment Co's current Cash Flow from Operations (TTM) was 351. ==> 351 > 44 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=283.444/13048.978
=0.02172155

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=296.724/12923.023
=0.02296088

Roo Hsing Garment Co's gearing of this year was 0.02172155. Roo Hsing Garment Co's gearing of last year was 0.02296088. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=8237.793/8886.266
=0.92702525

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=6733.665/7390.334
=0.91114488

Roo Hsing Garment Co's current ratio of this year was 0.92702525. Roo Hsing Garment Co's current ratio of last year was 0.91114488. ==> 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.

Roo Hsing Garment Co's number of shares in issue this year was 265.262. Roo Hsing Garment Co's number of shares in issue last year was 255.581. ==> 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
=2529.185/14559.53
=0.17371337

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2906.91/15127.384
=0.19216211

Roo Hsing Garment Co's gross margin of this year was 0.17371337. Roo Hsing Garment Co's gross margin of last year was 0.19216211. ==> 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 (Jun25)
=14559.53/11804.47
=1.23339125

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=15127.384/13403.683
=1.12859906

Roo Hsing Garment Co's asset turnover of this year was 1.23339125. Roo Hsing Garment Co's asset turnover of last year was 1.12859906. ==> 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+0+1+1+1+0+0+1
=6

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

Roo Hsing Garment Co has an F-score of 6 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 6 mean?
Roo Hsing Garment Co (TPE:4414) has a Piotroski F-Score of 6 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Roo Hsing Garment Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Roo Hsing Garment Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Roo Hsing Garment Co ranks #254 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.1%.
Is Roo Hsing Garment Co's Piotroski F-Score too high?
Roo Hsing Garment Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Roo Hsing Garment Co's value of 6 is 20% above this industry median. Based on the distribution chart, Roo Hsing Garment Co ranks #254 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Roo Hsing Garment Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Roo Hsing Garment Co's Piotroski F-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Roo Hsing Garment Co ranks #254 out of 1052 companies for Piotroski F-Score. This places Roo Hsing Garment Co in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Roo Hsing Garment Co's value of 6 is 20% above this benchmark. Historically, Roo Hsing Garment Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Roo Hsing Garment 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,052 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. Roo Hsing Garment 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 Roo Hsing Garment Co and its competitors. For the Manufacturing - Apparel & Accessories 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. Roo Hsing Garment Co's current Piotroski F-Score is 6, which is 20% 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 Roo Hsing Garment Co stock overvalued right now?
Based on GuruFocus' analysis, Roo Hsing Garment Co (TPE:4414) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.70, compared to a current price of NT$8.39 — trading 21.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Manufacturing - Apparel & Accessories industry median of 5.00. Roo Hsing Garment Co's overall GF Score™ is 64/100 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 Roo Hsing Garment Co (TPE:4414), the current Piotroski F-Score is 6 as of Aug. 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 Roo Hsing Garment Co (TPE:4414) Overvalued in 2026?

Based on GuruFocus' analysis, Roo Hsing Garment Co stock appears to be undervalued. The current stock price of NT$8.39 is trading 21.6% below its estimated GF Value™ of NT$10.70. GuruFocus considers Roo Hsing Garment Co to be Modestly Undervalued.

Key valuation signals for TPE:4414:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: NT$10.70 vs. price of NT$8.39 (21.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 20% above the Manufacturing - Apparel & Accessories median (#254 of 1052)

No single metric tells the full story. See the TPE:4414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Roo Hsing Garment Co Business Description

Address Fuxing North Road, No. 57, 13th Floor - 4, Songshan District, Taipei, TWN, 10595
Roo Hsing Garment Co Ltd is engaged in manufacturing and processing a variety of garments, including knitted, woven, cotton, wool, and leather apparel. The company is involved in trading and international import-export of clothing and accessories. Additionally, it serves as an agent for domestic and international manufacturers, assisting with bidding, quotations, procurement, and distribution. Along with its subsidiaries, the company operates in the following reportable segments: Production and sales department, which derives maximum revenue, the Lease department, and the Trade marketing department. Geographically, the group generates maximum revenue from America, followed by Asia and Europe.
64GF Score

Get the complete analysis for TPE:4414

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

NT$8.39
Price
NT$10.70
GF Value