Sharp (SHCAY) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 17% Below Median


SHCAY Sharp Corp SHCAY
56 GF Score
Price $0.96
GF Value $1.04
Valuation Fairly Valued
! 4 Warning Signs
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What is Sharp Piotroski F-Score?

Sharp SHCAY +13.26% 56 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates SHCAY with a GF Score™ of 56/100 and a GF Value™ of $1.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,425 Hardware companies, Sharp ranks better than 59.38% 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

Sharp 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 Sharp's Piotroski F-Score or its related term are showing as below:

SHCAY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 5

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

Sharp  (OTCPK:SHCAY) 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.


Sharp Piotroski F-Score Related Terms


Sharp Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sharp'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.

Sharp Piotroski F-Score Chart

Sharp 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 4.00 6.00 7.00 0.00

Sharp 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 7.00 4.00 6.00 5.00 0.00

SHCAY vs AAPL: Piotroski F-Score Comparison

For the Consumer Electronics subindustry, Sharp'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.


Sharp Piotroski F-Score vs Hardware Industry

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

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


SHCAY
56GF Score
Sharp Corp SHCAY
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 188.527 + 123.364 + 141.34 + -126.561 = $327 Mil.
Cash Flow from Operations was -295.57 + 130.905 + 0 + 0 = $-165 Mil.
Revenue was 3270.2 + 3231.73 + 2997.505 + 2994.101 = $12,494 Mil.
Gross Profit was 722.318 + 720.681 + 681.737 + 652.529 = $2,777 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(9752.807 + 9574.623 + 9583.682 + 9211.987 + 9000.685) / 5 = $9424.7568 Mil.
Total Assets at the begining of this year (Mar25) was $9,753 Mil.
Long-Term Debt & Capital Lease Obligation was $4 Mil.
Total Current Assets was $5,983 Mil.
Total Current Liabilities was $6,588 Mil.
Net Income was -8.14 + 169.6 + -172.617 + 266.246 = $255 Mil.

Revenue was 3369.847 + 3948.473 + 3650.805 + 3369.073 = $14,338 Mil.
Gross Profit was 557.741 + 700.743 + 763.616 + 671.11 = $2,693 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(10613.048 + 10424.085 + 10849.084 + 10226.013 + 9752.807) / 5 = $10373.0074 Mil.
Total Assets at the begining of last year (Mar24) was $10,613 Mil.
Long-Term Debt & Capital Lease Obligation was $2,726 Mil.
Total Current Assets was $6,573 Mil.
Total Current Liabilities was $5,078 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.

Sharp's current Net Income (TTM) was 327. ==> 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.

Sharp's current Cash Flow from Operations (TTM) was -165. ==> 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)
=326.67/9752.807
=0.03349497

ROA (Last Year)=Net Income/Total Assets (Mar24)
=255.089/10613.048
=0.02403541

Sharp's return on assets of this year was 0.03349497. Sharp's return on assets of last year was 0.02403541. ==> 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.

Sharp's current Net Income (TTM) was 327. Sharp's current Cash Flow from Operations (TTM) was -165. ==> -165 <= 327 ==> 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
=3.542/9424.7568
=0.00037582

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2726.463/10373.0074
=0.2628421

Sharp's gearing of this year was 0.00037582. Sharp's gearing of last year was 0.2628421. ==> 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
=5982.958/6587.933
=0.90816922

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6573.412/5078.057
=1.29447385

Sharp's current ratio of this year was 0.90816922. Sharp's current ratio of last year was 1.29447385. ==> 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.

Sharp's number of shares in issue this year was 2597.204. Sharp's number of shares in issue last year was 2597.2. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=2777.265/12493.536
=0.22229615

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2693.21/14338.198
=0.18783462

Sharp's gross margin of this year was 0.22229615. Sharp's gross margin of last year was 0.18783462. ==> 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)
=12493.536/9752.807
=1.28101951

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=14338.198/10613.048
=1.35099719

Sharp's asset turnover of this year was 1.28101951. Sharp's asset turnover of last year was 1.35099719. ==> 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+1+0+1+0+0+1+0
=4

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

Sharp 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 5 mean?
Sharp (SHCAY) 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 Sharp and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Sharp's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sharp ranks #985 out of 2425 companies in the Hardware industry, placing it in the top 40.6%.
Is Sharp's Piotroski F-Score too high?
Sharp's current Piotroski F-Score of 5 is 17% 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 7.00. The Hardware industry median Piotroski F-Score is 5.00. Sharp's value of 5 is 0% at this industry median. Based on the distribution chart, Sharp ranks #985 out of 2425 companies in the Hardware industry, which is above the industry midpoint. Overall, Sharp has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sharp's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Sharp ranks #985 out of 2425 companies for Piotroski F-Score. This puts Sharp in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sharp's value of 5 is 0% at this benchmark. Historically, Sharp'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, Sharp 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 2,425 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. Sharp'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 Sharp 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. Sharp's current Piotroski F-Score is 5, which is 17% 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 Sharp stock overvalued right now?
Based on GuruFocus' analysis, Sharp (SHCAY) is currently considered Fairly Valued. The stock's GF Value™ is $1.04, compared to a current price of $0.96 — trading 7.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Hardware industry median of 5.00. Sharp's overall GF Score™ is 56/100 with 4 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 Sharp (SHCAY), 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 Sharp (SHCAY) Overvalued in 2026?

Based on GuruFocus' analysis, Sharp stock appears to be undervalued. The current stock price of $0.96 is trading 7.4% below its estimated GF Value™ of $1.04. GuruFocus considers Sharp to be Fairly Valued.

Key valuation signals for SHCAY:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $1.04 vs. price of $0.96 (7.4% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 0% at the Hardware median (#985 of 2425)

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


Sharp Business Description

Address 1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.
56GF Score

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

$0.96
Price
$1.04
GF Value