JPDYY (Japan Display) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 25% Above Median


JPDYY Japan Display Inc JPDYY
29 GF Score
Price $3.77
GF Value $0.61
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Japan Display Piotroski F-Score?

Japan Display JPDYY 29 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates JPDYY with a GF Score™ of 29/100 and a GF Value™ of $0.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,426 Hardware companies, Japan Display ranks better than 59.56% 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

Japan Display has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

JPDYY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Japan Display was 6. The lowest was 2. And the median was 4.

Japan Display  (OTCPK:JPDYY) 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.


Japan Display Piotroski F-Score Related Terms


Japan Display Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Japan Display'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.

Japan Display Piotroski F-Score Chart

Japan Display 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 4.00 2.00 4.00 3.00 5.00

Japan Display 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 3.00 N/A 3.00 4.00 5.00

JPDYY vs APH, GLW, TEL: Piotroski F-Score Comparison

For the Electronic Components subindustry, Japan Display'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.


Japan Display Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Japan Display's Piotroski F-Score distribution charts can be found below:

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


JPDYY
29GF Score
Japan Display Inc JPDYY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -140.196 + 60.144 + -20.332 + -33.255 = $-133.6 Mil.
Cash Flow from Operations was -69.087 + -19.058 + -40.663 + -25.567 = $-154.4 Mil.
Revenue was 224.545 + 229.855 + 197.839 + 220.894 = $873.1 Mil.
Gross Profit was -24.736 + 4.125 + 3.56 + 31.352 = $14.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(993.113 + 978.589 + 1010.571 + 888.689 + 782.997) / 5 = $930.7918 Mil.
Total Assets at the begining of this year (Mar25) was $993.1 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $510.7 Mil.
Total Current Liabilities was $805.8 Mil.
Net Income was -41.201 + -72.17 + -207.712 + -197.575 = $-518.7 Mil.

Revenue was 354.219 + 328.749 + 263.61 + 298.891 = $1,245.5 Mil.
Gross Profit was 1.482 + -6.541 + -10.74 + -48.961 = $-64.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1495.068 + 0 + 1379.129 + 1147.202 + 993.113) / 5 = $1253.628 Mil.
Total Assets at the begining of last year (Mar24) was $1,495.1 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $671.9 Mil.
Total Current Liabilities was $837.6 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.

Japan Display's current Net Income (TTM) was -133.6. ==> Negative ==> Score 0.

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.

Japan Display's current Cash Flow from Operations (TTM) was -154.4. ==> 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)
=-133.639/993.113
=-0.13456575

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-518.658/1495.068
=-0.34691265

Japan Display's return on assets of this year was -0.13456575. Japan Display's return on assets of last year was -0.34691265. ==> 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.

Japan Display's current Net Income (TTM) was -133.6. Japan Display's current Cash Flow from Operations (TTM) was -154.4. ==> -154.4 <= -133.6 ==> 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
=0/930.7918
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1253.628
=0

Japan Display's gearing of this year was 0. Japan Display's gearing of last year was 0. ==> 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
=510.698/805.772
=0.63379964

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=671.928/837.596
=0.80221013

Japan Display's current ratio of this year was 0.63379964. Japan Display's current ratio of last year was 0.80221013. ==> 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.

Japan Display's number of shares in issue this year was 618.872. Japan Display's number of shares in issue last year was 618.872. ==> 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
=14.301/873.133
=0.01637895

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-64.76/1245.469
=-0.05199648

Japan Display's gross margin of this year was 0.01637895. Japan Display's gross margin of last year was -0.05199648. ==> 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)
=873.133/993.113
=0.87918797

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1245.469/1495.068
=0.83305174

Japan Display's asset turnover of this year was 0.87918797. Japan Display's asset turnover of last year was 0.83305174. ==> 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
=0+0+1+0+1+0+1+1+1
=5

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

Japan Display has an F-score of 5 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 5 mean?
Japan Display (JPDYY) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Japan Display and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Japan Display's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Japan Display ranks #981 out of 2426 companies in the Hardware industry, placing it in the top 40.4%.
Is Japan Display's Piotroski F-Score too high?
Japan Display's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Hardware industry median Piotroski F-Score is 5.00. Japan Display's value of 5 is 0% at this industry median. Based on the distribution chart, Japan Display ranks #981 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Japan Display has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Display's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Japan Display ranks #981 out of 2426 companies for Piotroski F-Score. This puts Japan Display in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Japan Display's value of 5 is 0% at this benchmark. Historically, Japan Display's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Japan Display has consistently been at 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. Japan Display's current Piotroski F-Score of 5 is 0% at 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 Japan Display and its competitors. For the Hardware 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. Japan Display's current Piotroski F-Score is 5, which is 25% 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 Japan Display stock overvalued right now?
Based on GuruFocus' analysis, Japan Display (JPDYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.61, compared to a current price of $3.77 — trading 518% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Hardware industry median of 5.00. Japan Display's overall GF Score™ is 29/100 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 Japan Display (JPDYY), the current Piotroski F-Score is 5 as of Jun. 27, 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 Japan Display (JPDYY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Display stock appears to be overvalued. The current stock price of $3.77 is trading 518% above its estimated GF Value™ of $0.61. GuruFocus considers Japan Display to be Significantly Overvalued.

Key valuation signals for JPDYY:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $0.61 vs. price of $3.77 (518% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 0% at the Hardware median (#981 of 2426)

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


Japan Display Business Description

Address Landic 2nd Building, 3-7-1, Nishi-shinbashi, Minato-ku, Tokyo, JPN, 105-0003
Japan Display Inc is engaged in the development, production, and sale of small and medium-sized display devices and related products. Its products are divided into two categories: Mobile Device and Automotive and Non-Mobile. The Mobile Device category includes displays for smartphones, tablets and mobile phone devices. The Automotive and Non-Mobile category includes displays for automotive applications, consumer electronics, and industrial devices as well as income from patents and other sources. The company's business operations span across Europe, Korea, China, Philippines, America, and Hong Kong.
29GF Score

Get the complete analysis for JPDYY

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

$3.77
Price
$0.61
GF Value