FJTCY (Fujitec Co) Piotroski F-Score: 6 (As of Jun. 24, 2026) — 50% Above Median


FJTCY Fujitec Co Ltd FJTCY
67 GF Score
Price $34.00
GF Value $27.94
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Fujitec Co Piotroski F-Score?

Fujitec Co FJTCY -4.73% 67 Piotroski F-Score is 6 as of Jun. 24, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates FJTCY with a GF Score™ of 67/100 and a GF Value™ of $27.94 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Fujitec Co ranks better than 75.29% 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

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

FJTCY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Fujitec Co was 8. The lowest was 3. And the median was 4.

Fujitec Co  (OTCPK:FJTCY) 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.


Fujitec Co Piotroski F-Score Related Terms


Fujitec Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fujitec 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.

Fujitec Co Piotroski F-Score Chart

Fujitec Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 3.00 7.00 6.00

Fujitec 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 0.00 6.00 0.00 0.00 0.00

FJTCY vs CXT, AMSC, THR: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co Piotroski F-Score vs Industrial Products Industry

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

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


FJTCY
67GF Score
Fujitec Co Ltd FJTCY
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was $97 Mil.
Cash Flow from Operations was $103 Mil.
Revenue was $1,619 Mil.
Gross Profit was $365 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (1711.416 + 1759.434) / 2 = $1735.425 Mil.
Total Assets at the begining of this year (Mar24) was $1,711 Mil.
Long-Term Debt & Capital Lease Obligation was $1 Mil.
Total Current Assets was $1,311 Mil.
Total Current Liabilities was $585 Mil.
Net Income was $119 Mil.

Revenue was $1,531 Mil.
Gross Profit was $323 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (1721.462 + 1711.416) / 2 = $1716.439 Mil.
Total Assets at the begining of last year (Mar23) was $1,721 Mil.
Long-Term Debt & Capital Lease Obligation was $1 Mil.
Total Current Assets was $1,271 Mil.
Total Current Liabilities was $563 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.

Fujitec Co's current Net Income (TTM) was 97. ==> 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.

Fujitec Co's current Cash Flow from Operations (TTM) was 103. ==> 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 (Mar24)
=97.372/1711.416
=0.05689558

ROA (Last Year)=Net Income/Total Assets (Mar23)
=119.011/1721.462
=0.06913368

Fujitec Co's return on assets of this year was 0.05689558. Fujitec Co's return on assets of last year was 0.06913368. ==> 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.

Fujitec Co's current Net Income (TTM) was 97. Fujitec Co's current Cash Flow from Operations (TTM) was 103. ==> 103 > 97 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.798/1735.425
=0.00045983

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.854/1716.439
=0.00049754

Fujitec Co's gearing of this year was 0.00045983. Fujitec Co's gearing of last year was 0.00049754. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=1311.064/585.264
=2.24012411

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=1271.431/562.707
=2.25949029

Fujitec Co's current ratio of this year was 2.24012411. Fujitec Co's current ratio of last year was 2.25949029. ==> 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.

Fujitec Co's number of shares in issue this year was 78.074. Fujitec Co's number of shares in issue last year was 78.051. ==> 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
=365.201/1618.522
=0.22563858

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=323.104/1531.192
=0.21101469

Fujitec Co's gross margin of this year was 0.22563858. Fujitec Co's gross margin of last year was 0.21101469. ==> 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 (Mar24)
=1618.522/1711.416
=0.94572097

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=1531.192/1721.462
=0.88947186

Fujitec Co's asset turnover of this year was 0.94572097. Fujitec Co's asset turnover of last year was 0.88947186. ==> 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+0+0+1+1
=6

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

Fujitec 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?
Fujitec Co (FJTCY) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fujitec Co and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Fujitec Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Fujitec Co ranks #736 out of 2979 companies in the Industrial Products industry, placing it in the top 24.7%.
Is Fujitec Co's Piotroski F-Score too high?
Fujitec Co's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Fujitec Co's value of 6 is 20% above this industry median. Based on the distribution chart, Fujitec Co ranks #736 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fujitec Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujitec Co's Piotroski F-Score compare to CXT and AMSC?
According to the Industrial Products industry distribution chart, Fujitec Co ranks #736 out of 2979 companies for Piotroski F-Score. This places Fujitec Co in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fujitec Co's value of 6 is 20% above this benchmark. Historically, Fujitec Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Fujitec 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. Fujitec 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 Fujitec 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. Fujitec Co's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujitec Co stock overvalued right now?
Based on GuruFocus' analysis, Fujitec Co (FJTCY) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.94, compared to a current price of $34.00 — trading 21.7% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Industrial Products industry median of 5.00. Fujitec Co's overall GF Score™ is 67/100 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 Fujitec Co (FJTCY), the current Piotroski F-Score is 6 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 Fujitec Co (FJTCY) Overvalued in 2026?

Based on GuruFocus' analysis, Fujitec Co stock appears to be overvalued. The current stock price of $34.00 is trading 21.7% above its estimated GF Value™ of $27.94. GuruFocus considers Fujitec Co to be Modestly Overvalued.

Key valuation signals for FJTCY:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: $27.94 vs. price of $34.00 (21.7% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 20% above the Industrial Products median (#736 of 2979)

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


Fujitec Co Business Description

Address 591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a presence in Japan, North America, South Asia, and East Asia, being its key markets. The company also provides after-sales maintenance services such as real-time parts support, remote monitoring, and product modernization.
67GF Score

Get the complete analysis for FJTCY

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

$34.00
Price
$27.94
GF Value