Takada (FSE:1966) Piotroski F-Score: 4 (As of Jun. 26, 2026) — 33% Below Median


FSE:1966 Takada Corp FSE:1966
58 GF Score
Price 円1,425.00
GF Value 円1,111.56
! 5 Warning Signs
View Full Analysis

What is Takada Piotroski F-Score?

Takada FSE:1966 58 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates FSE:1966 with a GF Score™ of 58/100 and a GF Value™ of 円1,111.56. The stock has 5 warning signs investors should review. Among 1,735 Construction companies, Takada ranks worse than 65.36% 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

Takada has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

FSE:1966' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Takada was 8. The lowest was 4. And the median was 6.

Takada  (FSE:1966) 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.


Takada Piotroski F-Score Related Terms


Takada Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Takada'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.

Takada Piotroski F-Score Chart

Takada Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 7.00 5.00 4.00

Takada Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 7.00 0.00 5.00 0.00 4.00

FSE:1966 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Takada'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.


Takada Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Takada's Piotroski F-Score distribution charts can be found below:

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


FSE:1966
58GF Score
Takada Corp FSE:1966
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 円1,255 Mil.
Cash Flow from Operations was 円-1,147 Mil.
Revenue was 円53,694 Mil.
Gross Profit was 円6,103 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (45156.53 + 47716.996) / 2 = 円46436.763 Mil.
Total Assets at the begining of this year (Mar25) was 円45,157 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,049 Mil.
Total Current Assets was 円32,778 Mil.
Total Current Liabilities was 円19,224 Mil.
Net Income was 円2,309 Mil.

Revenue was 円58,067 Mil.
Gross Profit was 円7,141 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (37630.819 + 45156.53) / 2 = 円41393.6745 Mil.
Total Assets at the begining of last year (Mar24) was 円37,631 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,818 Mil.
Total Current Assets was 円31,101 Mil.
Total Current Liabilities was 円18,468 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.

Takada's current Net Income (TTM) was 1,255. ==> 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.

Takada's current Cash Flow from Operations (TTM) was -1,147. ==> Negative ==> Score 0.

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)
=1254.749/45156.53
=0.02778666

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2309.002/37630.819
=0.06135933

Takada's return on assets of this year was 0.02778666. Takada's return on assets of last year was 0.06135933. ==> 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.

Takada's current Net Income (TTM) was 1,255. Takada's current Cash Flow from Operations (TTM) was -1,147. ==> -1,147 <= 1,255 ==> CFROA <= ROA ==> Score 0.

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
=3048.576/46436.763
=0.06565005

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2818.147/41393.6745
=0.06808159

Takada's gearing of this year was 0.06565005. Takada's gearing of last year was 0.06808159. ==> 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
=32777.94/19223.52
=1.70509563

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=31101.353/18467.63
=1.68410094

Takada's current ratio of this year was 1.70509563. Takada's current ratio of last year was 1.68410094. ==> 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.

Takada's number of shares in issue this year was 7.324. Takada's number of shares in issue last year was 7.334. ==> 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
=6102.648/53693.589
=0.11365692

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7140.844/58067.41
=0.12297507

Takada's gross margin of this year was 0.11365692. Takada's gross margin of last year was 0.12297507. ==> 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 (Mar25)
=53693.589/45156.53
=1.18905481

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=58067.41/37630.819
=1.54308122

Takada's asset turnover of this year was 1.18905481. Takada's asset turnover of last year was 1.54308122. ==> 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+0+0+0+1+1+1+0+0
=4

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

Takada has an F-score of 4 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 4 mean?
Takada (FSE:1966) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Takada and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Takada's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Takada ranks #1134 out of 1735 companies in the Construction industry, placing it in the top 65.4%.
Is Takada's Piotroski F-Score too high?
Takada's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Takada's value of 4 is 20% below this industry median. Based on the distribution chart, Takada ranks #1134 out of 1735 companies in the Construction industry, which is below the industry midpoint. Overall, Takada has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Takada's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Takada ranks #1134 out of 1735 companies for Piotroski F-Score. This places Takada in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Takada's value of 4 is 20% below this benchmark. Historically, Takada's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Takada has consistently been below 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 1,735 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. Takada's current Piotroski F-Score of 4 is 20% below 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 Takada 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. Takada's current Piotroski F-Score is 4, which is 33% below 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 Takada stock overvalued right now?
Takada (FSE:1966) has a current Piotroski F-Score of 4. The stock's GF Value™ is 円1,111.56, compared to a current price of 円1,425.00 — trading 28.2% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Construction industry median of 5.00. Takada's overall GF Score™ is 58/100 with 5 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 Takada (FSE:1966), the current Piotroski F-Score is 4 as of Jun. 26, 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 Takada (FSE:1966) Overvalued in 2026?

Based on GuruFocus' analysis, Takada stock appears to be overvalued. The current stock price of 円1,425.00 is trading 28.2% above its estimated GF Value™ of 円1,111.56.

Key valuation signals for FSE:1966:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: 円1,111.56 vs. price of 円1,425.00 (28.2% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 20% below the Construction median (#1134 of 1735)

No single metric tells the full story. See the FSE:1966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takada Business Description

Other Exchanges 1966:Japan
Address 1-1 Tsukiji-machi, Yahatanishi-ku, Kitakyushu-shi, Fukuoka, JPN, 806-8567
Takada Corp is engaged in the plant business and related business.. It is engaged in the design, production, installation, piping, electrical, instrumentation, maintenance, and repair of industrial facilities. The company's operations are built around four key pillars: Plant Business, Project Business, Equipment Diagnosis Business, and Equipment Business.
58GF Score

Get the complete analysis for FSE:1966

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

円1,425.00
Price
円1,111.56
GF Value