Nittetsu Mining Co (TSE:1515) Piotroski F-Score: 7 (As of Jun. 30, 2026) — 17% Above Median


TSE:1515 Nittetsu Mining Co Ltd TSE:1515
70 GF Score
Price 円2,301.00
GF Value 円1,424.60
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nittetsu Mining Co Piotroski F-Score?

Nittetsu Mining Co TSE:1515 -2.42% 70 Piotroski F-Score is 7 as of Jun. 30, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:1515 with a GF Score™ of 70/100 and a GF Value™ of 円1,424.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,507 Metals & Mining companies, Nittetsu Mining Co ranks better than 95.49% 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

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

TSE:1515' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Nittetsu Mining Co was 8. The lowest was 4. And the median was 6.

Nittetsu Mining Co  (TSE:1515) 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.


Nittetsu Mining Co Piotroski F-Score Related Terms


Nittetsu Mining Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nittetsu Mining 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.

Nittetsu Mining Co Piotroski F-Score Chart

Nittetsu Mining 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 8.00 8.00 4.00 6.00 7.00

Nittetsu Mining 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 6.00 0.00 0.00 0.00 7.00

TSE:1515 vs SCCO, FCX: Piotroski F-Score Comparison

For the Copper subindustry, Nittetsu Mining 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.


Nittetsu Mining Co Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nittetsu Mining Co's Piotroski F-Score distribution charts can be found below:

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


TSE:1515
70GF Score
Nittetsu Mining Co Ltd TSE:1515
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 円14,033 Mil.
Cash Flow from Operations was 円7,580 Mil.
Revenue was 円209,717 Mil.
Gross Profit was 円43,820 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (240179 + 310412) / 2 = 円275295.5 Mil.
Total Assets at the begining of this year (Mar25) was 円240,179 Mil.
Long-Term Debt & Capital Lease Obligation was 円45,726 Mil.
Total Current Assets was 円130,871 Mil.
Total Current Liabilities was 円71,163 Mil.
Net Income was 円9,019 Mil.

Revenue was 円196,766 Mil.
Gross Profit was 円34,231 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (229577 + 240179) / 2 = 円234878 Mil.
Total Assets at the begining of last year (Mar24) was 円229,577 Mil.
Long-Term Debt & Capital Lease Obligation was 円10,913 Mil.
Total Current Assets was 円101,970 Mil.
Total Current Liabilities was 円55,606 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.

Nittetsu Mining Co's current Net Income (TTM) was 14,033. ==> 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.

Nittetsu Mining Co's current Cash Flow from Operations (TTM) was 7,580. ==> 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)
=14033/240179
=0.05842726

ROA (Last Year)=Net Income/Total Assets (Mar24)
=9019/229577
=0.03928529

Nittetsu Mining Co's return on assets of this year was 0.05842726. Nittetsu Mining Co's return on assets of last year was 0.03928529. ==> 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.

Nittetsu Mining Co's current Net Income (TTM) was 14,033. Nittetsu Mining Co's current Cash Flow from Operations (TTM) was 7,580. ==> 7,580 <= 14,033 ==> 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
=45726/275295.5
=0.16609788

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=10913/234878
=0.04646242

Nittetsu Mining Co's gearing of this year was 0.16609788. Nittetsu Mining Co's gearing of last year was 0.04646242. ==> Last year is lower than this year ==> Score 0.

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
=130871/71163
=1.83903152

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=101970/55606
=1.83379491

Nittetsu Mining Co's current ratio of this year was 1.83903152. Nittetsu Mining Co's current ratio of last year was 1.83379491. ==> 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.

Nittetsu Mining Co's number of shares in issue this year was 78.68. Nittetsu Mining Co's number of shares in issue last year was 82.485. ==> 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
=43820/209717
=0.20894825

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=34231/196766
=0.17396806

Nittetsu Mining Co's gross margin of this year was 0.20894825. Nittetsu Mining Co's gross margin of last year was 0.17396806. ==> 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)
=209717/240179
=0.87316959

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=196766/229577
=0.85708063

Nittetsu Mining Co's asset turnover of this year was 0.87316959. Nittetsu Mining Co's asset turnover of last year was 0.85708063. ==> 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+0+0+1+1+1+1
=7

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

Nittetsu Mining Co 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?
Nittetsu Mining Co (TSE:1515) has a Piotroski F-Score of 7 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nittetsu Mining Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Nittetsu Mining Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Nittetsu Mining Co ranks #113 out of 2507 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is Nittetsu Mining Co's Piotroski F-Score too high?
Nittetsu Mining Co'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 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Nittetsu Mining Co's value of 7 is 133.3% above this industry median. Based on the distribution chart, Nittetsu Mining Co ranks #113 out of 2507 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nittetsu Mining Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittetsu Mining Co's Piotroski F-Score compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nittetsu Mining Co ranks #113 out of 2507 companies for Piotroski F-Score. This places Nittetsu Mining Co in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Nittetsu Mining Co's value of 7 is 133.3% above this benchmark. Historically, Nittetsu Mining Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Nittetsu Mining 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,507 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. Nittetsu Mining Co's current Piotroski F-Score of 7 is 133.3% 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 Nittetsu Mining Co and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittetsu Mining Co'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 Nittetsu Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Nittetsu Mining Co (TSE:1515) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,424.60, compared to a current price of 円2,301.00 — trading 61.5% 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 133.3% above the Metals & Mining industry median of 3.00. Nittetsu Mining Co's overall GF Score™ is 70/100 with 3 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 Nittetsu Mining Co (TSE:1515), the current Piotroski F-Score is 7 as of Jun. 30, 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 Nittetsu Mining Co (TSE:1515) Overvalued in 2026?

Based on GuruFocus' analysis, Nittetsu Mining Co stock appears to be overvalued. The current stock price of 円2,301.00 is trading 61.5% above its estimated GF Value™ of 円1,424.60. GuruFocus considers Nittetsu Mining Co to be Significantly Overvalued.

Key valuation signals for TSE:1515:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円1,424.60 vs. price of 円2,301.00 (61.5% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 133.3% above the Metals & Mining median (#113 of 2507)

No single metric tells the full story. See the TSE:1515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittetsu Mining Co Business Description

Other Exchanges 7GI:Germany
Address Yusen Building 3-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8377
Nittetsu Mining Co Ltd is a Japanese mining company that deals in both metal and non-metal mineral resources. The company comprises the following main business segments - Non-Metallic Minerals, Metallic Minerals, Machinery and Environmental Engineering, Real Estate, and Renewable Energy. The company also involved in the purchasing and distribution of coal and petroleum products, machinery and environment-related products.
70GF Score

Get the complete analysis for TSE:1515

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

円2,301.00
Price
円1,424.60
GF Value