DFKCY (Daifuku Co) Piotroski F-Score: 7 (As of Jun. 24, 2026) — 40% Above Median


DFKCY Daifuku Co Ltd DFKCY
83 GF Score
Price $21.74
GF Value $10.69
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Daifuku Co Piotroski F-Score?

Daifuku Co DFKCY -0.11% 83 Piotroski F-Score is 7 as of Jun. 24, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates DFKCY with a GF Score™ of 83/100 and a GF Value™ of $10.69 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,979 Industrial Products companies, Daifuku Co ranks better than 90.8% 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

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

DFKCY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 7

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

Daifuku Co  (OTCPK:DFKCY) 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.


Daifuku Co Piotroski F-Score Related Terms


Daifuku Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daifuku 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.

Daifuku Co Piotroski F-Score Chart

Daifuku Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 5.00 4.00 7.00

Daifuku Co 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 8.00 8.00 7.00 7.00

DFKCY vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Daifuku 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.


Daifuku Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daifuku Co's Piotroski F-Score distribution charts can be found below:

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


DFKCY
83GF Score
Daifuku Co Ltd DFKCY
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 143.691 + 140.975 + 125.889 + 122.874 = $533 Mil.
Cash Flow from Operations was 171.217 + 8.988 + 451.849 + 103.49 = $736 Mil.
Revenue was 1150.533 + 1078.871 + 1120.546 + 1088.398 = $4,438 Mil.
Gross Profit was 295.044 + 268.309 + 270.801 + 272.771 = $1,107 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4540.272 + 4870.432 + 4781.551 + 4837.322 + 4683.207) / 5 = $4742.5568 Mil.
Total Assets at the begining of this year (Mar25) was $4,540 Mil.
Long-Term Debt & Capital Lease Obligation was $382 Mil.
Total Current Assets was $3,547 Mil.
Total Current Liabilities was $1,280 Mil.
Net Income was 81.553 + 117.786 + 177.968 + 113.124 = $490 Mil.

Revenue was 919.112 + 1101.963 + 1694.296 + 1075.128 = $4,790 Mil.
Gross Profit was 199.804 + 255.425 + 368.659 + 249.078 = $1,073 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4312.909 + 4130.736 + 4823.643 + 4477.523 + 4540.272) / 5 = $4457.0166 Mil.
Total Assets at the begining of last year (Mar24) was $4,313 Mil.
Long-Term Debt & Capital Lease Obligation was $409 Mil.
Total Current Assets was $3,465 Mil.
Total Current Liabilities was $1,392 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.

Daifuku Co's current Net Income (TTM) was 533. ==> 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.

Daifuku Co's current Cash Flow from Operations (TTM) was 736. ==> 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)
=533.429/4540.272
=0.11748834

ROA (Last Year)=Net Income/Total Assets (Mar24)
=490.431/4312.909
=0.11371235

Daifuku Co's return on assets of this year was 0.11748834. Daifuku Co's return on assets of last year was 0.11371235. ==> 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.

Daifuku Co's current Net Income (TTM) was 533. Daifuku Co's current Cash Flow from Operations (TTM) was 736. ==> 736 > 533 ==> 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
=382.373/4742.5568
=0.08062592

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=409.117/4457.0166
=0.09179167

Daifuku Co's gearing of this year was 0.08062592. Daifuku Co's gearing of last year was 0.09179167. ==> 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
=3546.738/1280.064
=2.77075052

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3465.493/1391.63
=2.49024022

Daifuku Co's current ratio of this year was 2.77075052. Daifuku Co's current ratio of last year was 2.49024022. ==> 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.

Daifuku Co's number of shares in issue this year was 771.587. Daifuku Co's number of shares in issue last year was 771.187. ==> 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
=1106.925/4438.348
=0.24940023

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1072.966/4790.499
=0.22397792

Daifuku Co's gross margin of this year was 0.24940023. Daifuku Co's gross margin of last year was 0.22397792. ==> 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 (Mar25)
=4438.348/4540.272
=0.97755112

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4790.499/4312.909
=1.11073501

Daifuku Co's asset turnover of this year was 0.97755112. Daifuku Co's asset turnover of last year was 1.11073501. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0
=7

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

Daifuku Co 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?
Daifuku Co (DFKCY) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daifuku Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Daifuku Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Daifuku Co ranks #274 out of 2979 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Daifuku Co's Piotroski F-Score too high?
Daifuku Co's current Piotroski F-Score of 7 is 40% 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 Industrial Products industry median Piotroski F-Score is 5.00. Daifuku Co's value of 7 is 40% above this industry median. Based on the distribution chart, Daifuku Co ranks #274 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Daifuku Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daifuku Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daifuku Co ranks #274 out of 2979 companies for Piotroski F-Score. This places Daifuku Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Daifuku Co's value of 7 is 40% above this benchmark. Historically, Daifuku 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, Daifuku 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Daifuku Co'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 Daifuku Co and its competitors. For the Industrial Products 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. Daifuku Co's current Piotroski F-Score is 7, which is 40% 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 Daifuku Co stock overvalued right now?
Based on GuruFocus' analysis, Daifuku Co (DFKCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.69, compared to a current price of $21.74 — trading 103.3% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Industrial Products industry median of 5.00. Daifuku Co's overall GF Score™ is 83/100 with 6 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 Daifuku Co (DFKCY), the current Piotroski F-Score is 7 as of Jun. 24, 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 Daifuku Co (DFKCY) Overvalued in 2026?

Based on GuruFocus' analysis, Daifuku Co stock appears to be overvalued. The current stock price of $21.74 is trading 103.3% above its estimated GF Value™ of $10.69. GuruFocus considers Daifuku Co to be Significantly Overvalued.

Key valuation signals for DFKCY:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: $10.69 vs. price of $21.74 (103.3% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 40% above the Industrial Products median (#274 of 2979)

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


Daifuku Co Business Description

Address 3-2-11 Mitejima, Nishiyodogawa-ku, Osaka, JPN, 555-0012
Daifuku, founded in 1937 and headquartered in Osaka, Japan, is the world's largest provider of material handling systems. The company designs, manufactures, and integrates automation solutions that manage the movement, storage, and control of goods across industries. Its operations span cleanroom systems for semiconductor and electronics manufacturing, factory automation, distribution center and warehouse systems, airport baggage handling, and automotive production lines. In addition to supplying advanced equipment—such as automated storage and retrieval systems, conveyors, sorting systems, and automated guided vehicles—Daifuku offers software, maintenance, and other services to deliver end-to-end automation solutions for global clients.
83GF Score

Get the complete analysis for DFKCY

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

$21.74
Price
$10.69
GF Value