ISHII HYOKI Co (FRA:6J1) Piotroski F-Score: 9 (As of Aug. 23, 2026) — 29% Above Median

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FRA:6J1 ISHII HYOKI Co Ltd FRA:6J1
63 GF Score
Price €8.65
GF Value €3.30
! 3 Warning Signs
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What is ISHII HYOKI Co Piotroski F-Score?

ISHII HYOKI Co FRA:6J1 -2.39% 63 Piotroski F-Score is 9 as of Aug. 23, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates FRA:6J1 with a GF Score™ of 63/100 and a GF Value™ of €3.30. The stock has 3 warning signs investors should review. Among 2,967 Industrial Products companies, ISHII HYOKI Co ranks better than 99.97% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

ISHII HYOKI Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for ISHII HYOKI Co's Piotroski F-Score or its related term are showing as below:

FRA:6J1' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of ISHII HYOKI Co was 9. The lowest was 5. And the median was 7.

ISHII HYOKI Co  (FRA:6J1) 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.


ISHII HYOKI Co Piotroski F-Score Related Terms


ISHII HYOKI Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for ISHII HYOKI 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.

ISHII HYOKI Co Piotroski F-Score Chart

ISHII HYOKI Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 6.00 6.00 9.00

ISHII HYOKI Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 9.00 0.00

FRA:6J1 vs : Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, ISHII HYOKI 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.


ISHII HYOKI Co Piotroski F-Score vs Industrial Products Industry

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

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


FRA:6J1
63GF Score
ISHII HYOKI Co Ltd FRA:6J1
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 (Jan26) TTM:Last Year (Jan25) TTM:
Net Income was €4.84 Mil.
Cash Flow from Operations was €7.06 Mil.
Revenue was €85.02 Mil.
Gross Profit was €19.71 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was (96.92 + 86.469) / 2 = €91.6945 Mil.
Total Assets at the begining of this year (Jan25) was €96.92 Mil.
Long-Term Debt & Capital Lease Obligation was €1.00 Mil.
Total Current Assets was €58.43 Mil.
Total Current Liabilities was €20.60 Mil.
Net Income was €4.87 Mil.

Revenue was €91.49 Mil.
Gross Profit was €20.91 Mil.
Average Total Assets from the begining of last year (Jan24)
to the end of last year (Jan25) was (104.674 + 96.92) / 2 = €100.797 Mil.
Total Assets at the begining of last year (Jan24) was €104.67 Mil.
Long-Term Debt & Capital Lease Obligation was €5.44 Mil.
Total Current Assets was €62.55 Mil.
Total Current Liabilities was €23.61 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.

ISHII HYOKI Co's current Net Income (TTM) was 4.84. ==> 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.

ISHII HYOKI Co's current Cash Flow from Operations (TTM) was 7.06. ==> 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 (Jan25)
=4.835/96.92
=0.0498865

ROA (Last Year)=Net Income/Total Assets (Jan24)
=4.865/104.674
=0.04647764

ISHII HYOKI Co's return on assets of this year was 0.0498865. ISHII HYOKI Co's return on assets of last year was 0.04647764. ==> 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.

ISHII HYOKI Co's current Net Income (TTM) was 4.84. ISHII HYOKI Co's current Cash Flow from Operations (TTM) was 7.06. ==> 7.06 > 4.84 ==> 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: Jan26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan25 to Jan26
=1/91.6945
=0.01090578

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=5.439/100.797
=0.05395994

ISHII HYOKI Co's gearing of this year was 0.01090578. ISHII HYOKI Co's gearing of last year was 0.05395994. ==> 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: Jan26)=Total Current Assets/Total Current Liabilities
=58.432/20.595
=2.83719349

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=62.547/23.606
=2.64962298

ISHII HYOKI Co's current ratio of this year was 2.83719349. ISHII HYOKI Co's current ratio of last year was 2.64962298. ==> 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.

ISHII HYOKI Co's number of shares in issue this year was 8.047. ISHII HYOKI Co's number of shares in issue last year was 8.152. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=19.714/85.024
=0.23186394

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=20.909/91.494
=0.22852865

ISHII HYOKI Co's gross margin of this year was 0.23186394. ISHII HYOKI Co's gross margin of last year was 0.22852865. ==> 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 (Jan25)
=85.024/96.92
=0.8772596

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan24)
=91.494/104.674
=0.87408526

ISHII HYOKI Co's asset turnover of this year was 0.8772596. ISHII HYOKI Co's asset turnover of last year was 0.87408526. ==> 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+1+1+1+1+1+1+1
=9

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

ISHII HYOKI Co has an F-score of 9. 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 9 mean?
ISHII HYOKI Co (FRA:6J1) has a Piotroski F-Score of 9 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ISHII HYOKI Co and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, ISHII HYOKI Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, ISHII HYOKI Co ranks #1 out of 2967 companies in the Industrial Products industry, placing it in the top 0%.
Is ISHII HYOKI Co's Piotroski F-Score too high?
ISHII HYOKI Co's current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. ISHII HYOKI Co's value of 9 is 80% above this industry median. Based on the distribution chart, ISHII HYOKI Co ranks #1 out of 2967 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ISHII HYOKI Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does ISHII HYOKI Co's Piotroski F-Score compare to ?
According to the Industrial Products industry distribution chart, ISHII HYOKI Co ranks #1 out of 2967 companies for Piotroski F-Score. This places ISHII HYOKI Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ISHII HYOKI Co's value of 9 is 80% above this benchmark. Historically, ISHII HYOKI Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, ISHII HYOKI 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 2,967 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. ISHII HYOKI Co's current Piotroski F-Score of 9 is 80% 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 ISHII HYOKI 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. ISHII HYOKI Co's current Piotroski F-Score is 9, which is 29% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISHII HYOKI Co stock overvalued right now?
ISHII HYOKI Co (FRA:6J1) has a current Piotroski F-Score of 9. The stock's GF Value™ is €3.30, compared to a current price of €8.65 — trading 162.2% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Industrial Products industry median of 5.00. ISHII HYOKI Co's overall GF Score™ is 63/100 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 ISHII HYOKI Co (FRA:6J1), the current Piotroski F-Score is 9 as of Aug. 23, 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 ISHII HYOKI Co (FRA:6J1) Overvalued in 2026?

Based on GuruFocus' analysis, ISHII HYOKI Co stock appears to be overvalued. The current stock price of €8.65 is trading 162.2% above its estimated GF Value™ of €3.30.

Key valuation signals for FRA:6J1:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: €3.30 vs. price of €8.65 (162.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 80% above the Industrial Products median (#1 of 2967)

No single metric tells the full story. See the FRA:6J1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ISHII HYOKI Co Business Description

Comparable Companies
Other Exchanges 6336:Japan
Address No. 5, Asahioka, Kannabe-cho, Fukuyama-shi, JPN, 720-2113
ISHII HYOKI Co Ltd is engaged as a manufacturer of electrical machinery and peripheral electronic machinery parts, machinery for automobile industry, aqua clean system, and inkjet systems.
63GF Score

Get the complete analysis for FRA:6J1

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

€8.65
Price
€3.30
GF Value