JTEKT (NGO:6473) Piotroski F-Score: 7 (As of Jun. 27, 2026) — 17% Above Median


NGO:6473 JTEKT Corp NGO:6473
79 GF Score
Price 円1,775.00
GF Value 円1,314.91
! 6 Warning Signs
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What is JTEKT Piotroski F-Score?

JTEKT NGO:6473 79 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NGO:6473 with a GF Score™ of 79/100 and a GF Value™ of 円1,314.91. The stock has 6 warning signs investors should review. Among 1,287 Vehicles & Parts companies, JTEKT ranks better than 89.12% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

JTEKT has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

NGO:6473' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of JTEKT was 7. The lowest was 4. And the median was 6.

JTEKT  (NGO:6473) 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.


JTEKT Piotroski F-Score Related Terms


JTEKT Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for JTEKT'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.

JTEKT Piotroski F-Score Chart

JTEKT 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 7.00 7.00 7.00 5.00 7.00

JTEKT 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 5.00 N/A 6.00 7.00 7.00

NGO:6473 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, JTEKT'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.


JTEKT Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Piotroski F-Score distribution charts can be found below:

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


NGO:6473
79GF Score
JTEKT Corp NGO:6473
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 6511 + 5652 + 9187 + -9375 = 円11,975 Mil.
Cash Flow from Operations was 36004 + 6873 + 36962 + 28656 = 円108,495 Mil.
Revenue was 454794 + 475381 + 473149 + 521626 = 円1,924,950 Mil.
Gross Profit was 69113 + 73486 + 67643 + 86793 = 円297,035 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1565391 + 1541750 + 1549844 + 1586812 + 1577696) / 5 = 円1564298.6 Mil.
Total Assets at the begining of this year (Mar25) was 円1,565,391 Mil.
Long-Term Debt & Capital Lease Obligation was 円146,404 Mil.
Total Current Assets was 円799,218 Mil.
Total Current Liabilities was 円507,028 Mil.
Net Income was 10814 + -4583 + 3717 + 3765 = 円13,713 Mil.

Revenue was 464057 + 454422 + 466587 + 499331 = 円1,884,397 Mil.
Gross Profit was 63755 + 68907 + 64059 + 84570 = 円281,291 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1628514 + 0 + 1556840 + 1632663 + 1565391) / 5 = 円1595852 Mil.
Total Assets at the begining of last year (Mar24) was 円1,628,514 Mil.
Long-Term Debt & Capital Lease Obligation was 円186,123 Mil.
Total Current Assets was 円762,843 Mil.
Total Current Liabilities was 円482,250 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.

JTEKT's current Net Income (TTM) was 11,975. ==> 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.

JTEKT's current Cash Flow from Operations (TTM) was 108,495. ==> 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 (Mar25)
=11975/1565391
=0.00764985

ROA (Last Year)=Net Income/Total Assets (Mar24)
=13713/1628514
=0.00842056

JTEKT's return on assets of this year was 0.00764985. JTEKT's return on assets of last year was 0.00842056. ==> 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.

JTEKT's current Net Income (TTM) was 11,975. JTEKT's current Cash Flow from Operations (TTM) was 108,495. ==> 108,495 > 11,975 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=146404/1564298.6
=0.09359083

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=186123/1595852
=0.11662924

JTEKT's gearing of this year was 0.09359083. JTEKT's gearing of last year was 0.11662924. ==> 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
=799218/507028
=1.57627981

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=762843/482250
=1.58184137

JTEKT's current ratio of this year was 1.57627981. JTEKT's current ratio of last year was 1.58184137. ==> 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.

JTEKT's number of shares in issue this year was 318.479. JTEKT's number of shares in issue last year was 339.901. ==> 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
=297035/1924950
=0.1543079

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=281291/1884397
=0.14927375

JTEKT's gross margin of this year was 0.1543079. JTEKT's gross margin of last year was 0.14927375. ==> 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)
=1924950/1565391
=1.22969277

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1884397/1628514
=1.15712668

JTEKT's asset turnover of this year was 1.22969277. JTEKT's asset turnover of last year was 1.15712668. ==> 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+1+1+1
=7

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

JTEKT has an F-score of 7. 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 7 mean?
JTEKT (NGO:6473) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JTEKT and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, JTEKT's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, JTEKT ranks #140 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 10.9%.
Is JTEKT's Piotroski F-Score too high?
JTEKT's current Piotroski F-Score of 7 is 17% above 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 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. JTEKT's value of 7 is 40% above this industry median. Based on the distribution chart, JTEKT ranks #140 out of 1287 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, JTEKT has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does JTEKT's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT ranks #140 out of 1287 companies for Piotroski F-Score. This places JTEKT in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. JTEKT's value of 7 is 40% above this benchmark. Historically, JTEKT's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, JTEKT 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 a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. JTEKT's current Piotroski F-Score of 7 is 40% 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 JTEKT and its competitors. For the Vehicles & Parts 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. JTEKT's current Piotroski F-Score is 7, which is 17% above 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 JTEKT stock overvalued right now?
JTEKT (NGO:6473) has a current Piotroski F-Score of 7. The stock's GF Value™ is 円1,314.91, compared to a current price of 円1,775.00 — trading 35% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. JTEKT's overall GF Score™ is 79/100 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 JTEKT (NGO:6473), the current Piotroski F-Score is 7 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 JTEKT (NGO:6473) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT stock appears to be overvalued. The current stock price of 円1,775.00 is trading 35% above its estimated GF Value™ of 円1,314.91.

Key valuation signals for NGO:6473:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円1,314.91 vs. price of 円1,775.00 (35% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 40% above the Vehicles & Parts median (#140 of 1287)

No single metric tells the full story. See the NGO:6473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT Business Description

Other Exchanges 6473:Japan6JK:Germany
Address 1-1 Asahicho, Aichi Prefecture, Kariya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company operates through three segments. The Automobile segment offers products such as electric and hydraulic power steering systems, electronically controlled 4WD coupling (ITCC), Torsen, and pressure reducing valves for fuel cell vehicles. The Industrial Equipment/Bearings segment provides roller bearings, ball bearings, bearing units, oil seals, and related products. The Machine Tools segment includes grinding machines, machining centers, cutting machines, control equipment, including IoE-related products, and industrial heat treatment furnaces. It generates the majority of its revenue from the Automobile segment.
79GF Score

Get the complete analysis for NGO:6473

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

円1,775.00
Price
円1,314.91
GF Value