NSNHF (Nissan Shatai Co) Piotroski F-Score: 9 (As of Jul. 14, 2026) — 29% Above Median

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NSNHF Nissan Shatai Co Ltd NSNHF
75 GF Score
Price $6.68
GF Value $9.01
Valuation Modestly Undervalued
View Full Analysis

What is Nissan Shatai Co Piotroski F-Score?

Nissan Shatai Co NSNHF 75 Piotroski F-Score is 9 as of Jul. 14, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates NSNHF with a GF Score™ of 75/100 and a GF Value™ of $9.01 (Modestly Undervalued). Among 1,286 Vehicles & Parts companies, Nissan Shatai Co ranks better than 99.92% 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

Nissan Shatai 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 Nissan Shatai Co's Piotroski F-Score or its related term are showing as below:

NSNHF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Nissan Shatai Co was 9. The lowest was 3. And the median was 7.

Nissan Shatai Co  (OTCPK:NSNHF) 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.


Nissan Shatai Co Piotroski F-Score Related Terms


Nissan Shatai Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nissan Shatai 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.

Nissan Shatai Co Piotroski F-Score Chart

Nissan Shatai Co 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 8.00 5.00 8.00 9.00

Nissan Shatai Co 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 8.00 0.00 0.00 0.00 9.00

NSNHF vs TSLA, GM, F: Piotroski F-Score Comparison

For the Auto Manufacturers subindustry, Nissan Shatai 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.


Nissan Shatai Co Piotroski F-Score vs Vehicles & Parts Industry

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

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


NSNHF
75GF Score
Nissan Shatai Co Ltd NSNHF
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 $43 Mil.
Cash Flow from Operations was $140 Mil.
Revenue was $2,545 Mil.
Gross Profit was $137 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (1810.797 + 1746.498) / 2 = $1778.6475 Mil.
Total Assets at the begining of this year (Mar25) was $1,811 Mil.
Long-Term Debt & Capital Lease Obligation was $5 Mil.
Total Current Assets was $1,122 Mil.
Total Current Liabilities was $551 Mil.
Net Income was $20 Mil.

Revenue was $2,351 Mil.
Gross Profit was $83 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1724.592 + 1810.797) / 2 = $1767.6945 Mil.
Total Assets at the begining of last year (Mar24) was $1,725 Mil.
Long-Term Debt & Capital Lease Obligation was $12 Mil.
Total Current Assets was $1,169 Mil.
Total Current Liabilities was $594 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.

Nissan Shatai Co's current Net Income (TTM) was 43. ==> 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.

Nissan Shatai Co's current Cash Flow from Operations (TTM) was 140. ==> 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)
=43.439/1810.797
=0.02398888

ROA (Last Year)=Net Income/Total Assets (Mar24)
=20.348/1724.592
=0.01179873

Nissan Shatai Co's return on assets of this year was 0.02398888. Nissan Shatai Co's return on assets of last year was 0.01179873. ==> 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.

Nissan Shatai Co's current Net Income (TTM) was 43. Nissan Shatai Co's current Cash Flow from Operations (TTM) was 140. ==> 140 > 43 ==> 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
=4.644/1778.6475
=0.00261097

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=11.579/1767.6945
=0.00655034

Nissan Shatai Co's gearing of this year was 0.00261097. Nissan Shatai Co's gearing of last year was 0.00655034. ==> 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
=1121.735/551.037
=2.03568

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1168.803/593.556
=1.96915371

Nissan Shatai Co's current ratio of this year was 2.03568. Nissan Shatai Co's current ratio of last year was 1.96915371. ==> 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.

Nissan Shatai Co's number of shares in issue this year was 135.453. Nissan Shatai Co's number of shares in issue last year was 135.453. ==> 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
=136.99/2544.701
=0.05383344

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=82.653/2351.494
=0.03514914

Nissan Shatai Co's gross margin of this year was 0.05383344. Nissan Shatai Co's gross margin of last year was 0.03514914. ==> 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)
=2544.701/1810.797
=1.40529336

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2351.494/1724.592
=1.36350743

Nissan Shatai Co's asset turnover of this year was 1.40529336. Nissan Shatai Co's asset turnover of last year was 1.36350743. ==> 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

Nissan Shatai 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?
Nissan Shatai Co (NSNHF) has a Piotroski F-Score of 9 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nissan Shatai Co and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, Nissan Shatai Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Nissan Shatai Co ranks #1 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 0.099999999999994%.
Is Nissan Shatai Co's Piotroski F-Score too high?
Nissan Shatai 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 3.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Nissan Shatai Co's value of 9 is 80% above this industry median. Based on the distribution chart, Nissan Shatai Co ranks #1 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Nissan Shatai Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissan Shatai Co's Piotroski F-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Nissan Shatai Co ranks #1 out of 1286 companies for Piotroski F-Score. This places Nissan Shatai Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Nissan Shatai Co's value of 9 is 80% above this benchmark. Historically, Nissan Shatai Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Nissan Shatai 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 a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. Nissan Shatai 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 Nissan Shatai Co 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. Nissan Shatai 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 Nissan Shatai Co stock overvalued right now?
Based on GuruFocus' analysis, Nissan Shatai Co (NSNHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.01, compared to a current price of $6.68 — trading 25.9% below 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 Vehicles & Parts industry median of 5.00. Nissan Shatai Co's overall GF Score™ is 75/100. 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 Nissan Shatai Co (NSNHF), the current Piotroski F-Score is 9 as of Jul. 14, 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 Nissan Shatai Co (NSNHF) Overvalued in 2026?

Based on GuruFocus' analysis, Nissan Shatai Co stock appears to be undervalued. The current stock price of $6.68 is trading 25.9% below its estimated GF Value™ of $9.01. GuruFocus considers Nissan Shatai Co to be Modestly Undervalued.

Key valuation signals for NSNHF:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: $9.01 vs. price of $6.68 (25.9% below fair value)
  • GF Score™: 75/100
  • Industry Position: 80% above the Vehicles & Parts median (#1 of 1286)

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


Nissan Shatai Co Business Description

Other Exchanges 7222:Japan
Address 2-1, Tsutsumicho, Hiratsuka, Kanagawa, JPN, 254-8610
Nissan Shatai Co Ltd is a Japanese automobile and automobile parts manufacturing firm. The company is organized into four segments which include Passenger Vehicles, Light Commercial Vehicles, Microbuses, and Vehicle Parts. It primarily provides cars, specially equipped vehicles, pick-up trucks and micro bus. It markets its products under the brand Nissan with a variety of models to serve specific customer requirements. The firm generates the majority of its revenues from the sale of passenger vehicles and light commercial vehicles in the international markets.
75GF Score

Get the complete analysis for NSNHF

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

$6.68
Price
$9.01
GF Value