MHTCF (Mitsui High-tec) Piotroski F-Score: 5 (As of Jun. 24, 2026) — Near Median


MHTCF Mitsui High-tec Inc MHTCF
72 GF Score
Price $5.62
GF Value $6.60
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Mitsui High-tec Piotroski F-Score?

Mitsui High-tec MHTCF +17.08% 72 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates MHTCF with a GF Score™ of 72/100 and a GF Value™ of $6.60 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 989 Semiconductors companies, Mitsui High-tec ranks better than 61.38% 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

Mitsui High-tec 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 Mitsui High-tec's Piotroski F-Score or its related term are showing as below:

MHTCF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Mitsui High-tec was 8. The lowest was 3. And the median was 5.

Mitsui High-tec  (OTCPK:MHTCF) 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.


Mitsui High-tec Piotroski F-Score Related Terms


Mitsui High-tec Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Piotroski F-Score Chart

Mitsui High-tec 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 7.00 7.00 4.00 4.00 5.00

Mitsui High-tec Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 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 5.00 0.00

MHTCF vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Piotroski F-Score distribution charts can be found below:

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


MHTCF
72GF Score
Mitsui High-tec Inc MHTCF
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 $20 Mil.
Cash Flow from Operations was $154 Mil.
Revenue was $1,394 Mil.
Gross Profit was $205 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was (1429.546 + 1538.418) / 2 = $1483.982 Mil.
Total Assets at the begining of this year (Jan25) was $1,430 Mil.
Long-Term Debt & Capital Lease Obligation was $440 Mil.
Total Current Assets was $694 Mil.
Total Current Liabilities was $350 Mil.
Net Income was $78 Mil.

Revenue was $1,373 Mil.
Gross Profit was $207 Mil.
Average Total Assets from the begining of last year (Jan24)
to the end of last year (Jan25) was (1337.687 + 1429.546) / 2 = $1383.6165 Mil.
Total Assets at the begining of last year (Jan24) was $1,338 Mil.
Long-Term Debt & Capital Lease Obligation was $422 Mil.
Total Current Assets was $692 Mil.
Total Current Liabilities was $283 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.

Mitsui High-tec's current Net Income (TTM) was 20. ==> 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.

Mitsui High-tec's current Cash Flow from Operations (TTM) was 154. ==> 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)
=20.115/1429.546
=0.0140709

ROA (Last Year)=Net Income/Total Assets (Jan24)
=78.086/1337.687
=0.05837389

Mitsui High-tec's return on assets of this year was 0.0140709. Mitsui High-tec's return on assets of last year was 0.05837389. ==> 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.

Mitsui High-tec's current Net Income (TTM) was 20. Mitsui High-tec's current Cash Flow from Operations (TTM) was 154. ==> 154 > 20 ==> 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
=439.769/1483.982
=0.29634389

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=421.947/1383.6165
=0.3049595

Mitsui High-tec's gearing of this year was 0.29634389. Mitsui High-tec's gearing of last year was 0.3049595. ==> 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
=694.457/350.219
=1.98292211

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=691.582/283.272
=2.44140614

Mitsui High-tec's current ratio of this year was 1.98292211. Mitsui High-tec's current ratio of last year was 2.44140614. ==> 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.

Mitsui High-tec's number of shares in issue this year was 182.749. Mitsui High-tec's number of shares in issue last year was 182.75. ==> 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
=205.47/1393.733
=0.14742422

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=206.925/1373.258
=0.15068181

Mitsui High-tec's gross margin of this year was 0.14742422. Mitsui High-tec's gross margin of last year was 0.15068181. ==> 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 (Jan25)
=1393.733/1429.546
=0.97494799

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan24)
=1373.258/1337.687
=1.02659142

Mitsui High-tec's asset turnover of this year was 0.97494799. Mitsui High-tec's asset turnover of last year was 1.02659142. ==> 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+0+1+1+0+1+0+0
=5

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

Mitsui High-tec 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?
Mitsui High-tec (MHTCF) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mitsui High-tec and its competitors. This is near median its historical median of 5.00. Over the past decade, Mitsui High-tec's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Mitsui High-tec ranks #382 out of 989 companies in the Semiconductors industry, placing it in the top 38.6%.
Is Mitsui High-tec's Piotroski F-Score too high?
Mitsui High-tec's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Semiconductors industry median Piotroski F-Score is 5.00. Mitsui High-tec's value of 5 is 0% at this industry median. Based on the distribution chart, Mitsui High-tec ranks #382 out of 989 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Mitsui High-tec has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui High-tec's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Mitsui High-tec ranks #382 out of 989 companies for Piotroski F-Score. This puts Mitsui High-tec in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mitsui High-tec's value of 5 is 0% at this benchmark. Historically, Mitsui High-tec'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 5.00 vs. the industry median of 5.00, Mitsui High-tec 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Mitsui High-tec'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 Mitsui High-tec and its competitors. For the Semiconductors 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. Mitsui High-tec's current Piotroski F-Score is 5, which is near 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 Mitsui High-tec stock overvalued right now?
Based on GuruFocus' analysis, Mitsui High-tec (MHTCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.60, compared to a current price of $5.62 — trading 14.8% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Semiconductors industry median of 5.00. Mitsui High-tec's overall GF Score™ is 72/100 with 9 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 Mitsui High-tec (MHTCF), the current Piotroski F-Score is 5 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 Mitsui High-tec (MHTCF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui High-tec stock appears to be undervalued. The current stock price of $5.62 is trading 14.8% below its estimated GF Value™ of $6.60. GuruFocus considers Mitsui High-tec to be Modestly Undervalued.

Key valuation signals for MHTCF:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $6.60 vs. price of $5.62 (14.8% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 0% at the Semiconductors median (#382 of 989)

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


Mitsui High-tec Business Description

Other Exchanges 6966:Japan
Address 2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.
72GF Score

Get the complete analysis for MHTCF

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

$5.62
Price
$6.60
GF Value