Fujita Engineering Co (TSE:1770) Piotroski F-Score: 7 (As of Jul. 21, 2026) — 17% Above Median

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TSE:1770 Fujita Engineering Co Ltd TSE:1770
73 GF Score
Price 円2,058.00
GF Value 円1,307.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fujita Engineering Co Piotroski F-Score?

Fujita Engineering Co TSE:1770 +1.73% 73 Piotroski F-Score is 7 as of Jul. 21, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:1770 with a GF Score™ of 73/100 and a GF Value™ of 円1,307.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,729 Construction companies, Fujita Engineering Co ranks better than 89.36% 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

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

TSE:1770' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Fujita Engineering Co was 9. The lowest was 3. And the median was 6.

Fujita Engineering Co  (TSE:1770) 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.


Fujita Engineering Co Piotroski F-Score Related Terms


Fujita Engineering Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fujita Engineering 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.

Fujita Engineering Co Piotroski F-Score Chart

Fujita Engineering 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 6.00 3.00 6.00 4.00 7.00

Fujita Engineering Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.00 0.00 7.00

TSE:1770 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Fujita Engineering 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.


Fujita Engineering Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Fujita Engineering Co's Piotroski F-Score distribution charts can be found below:

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


TSE:1770
73GF Score
Fujita Engineering Co Ltd TSE:1770
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1,840 Mil.
Cash Flow from Operations was 円2,039 Mil.
Revenue was 円29,769 Mil.
Gross Profit was 円5,456 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (30294.025 + 31810.611) / 2 = 円31052.318 Mil.
Total Assets at the begining of this year (Mar25) was 円30,294 Mil.
Long-Term Debt & Capital Lease Obligation was 円111 Mil.
Total Current Assets was 円20,793 Mil.
Total Current Liabilities was 円9,251 Mil.
Net Income was 円1,787 Mil.

Revenue was 円32,647 Mil.
Gross Profit was 円5,843 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (33218.092 + 30294.025) / 2 = 円31756.0585 Mil.
Total Assets at the begining of last year (Mar24) was 円33,218 Mil.
Long-Term Debt & Capital Lease Obligation was 円154 Mil.
Total Current Assets was 円20,576 Mil.
Total Current Liabilities was 円9,585 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.

Fujita Engineering Co's current Net Income (TTM) was 1,840. ==> 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.

Fujita Engineering Co's current Cash Flow from Operations (TTM) was 2,039. ==> 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)
=1840.274/30294.025
=0.06074709

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1787.461/33218.092
=0.05380986

Fujita Engineering Co's return on assets of this year was 0.06074709. Fujita Engineering Co's return on assets of last year was 0.05380986. ==> 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.

Fujita Engineering Co's current Net Income (TTM) was 1,840. Fujita Engineering Co's current Cash Flow from Operations (TTM) was 2,039. ==> 2,039 > 1,840 ==> 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
=110.525/31052.318
=0.00355932

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=153.601/31756.0585
=0.0048369

Fujita Engineering Co's gearing of this year was 0.00355932. Fujita Engineering Co's gearing of last year was 0.0048369. ==> 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
=20792.856/9251.17
=2.24759203

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=20575.867/9585.076
=2.14665664

Fujita Engineering Co's current ratio of this year was 2.24759203. Fujita Engineering Co's current ratio of last year was 2.14665664. ==> 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.

Fujita Engineering Co's number of shares in issue this year was 9.179. Fujita Engineering Co's number of shares in issue last year was 9.167. ==> 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
=5456.384/29769.44
=0.1832881

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5842.555/32646.679
=0.17896323

Fujita Engineering Co's gross margin of this year was 0.1832881. Fujita Engineering Co's gross margin of last year was 0.17896323. ==> 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)
=29769.44/30294.025
=0.98268355

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=32646.679/33218.092
=0.98279814

Fujita Engineering Co's asset turnover of this year was 0.98268355. Fujita Engineering Co's asset turnover of last year was 0.98279814. ==> 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+1+1+1+1+0+1+0
=7

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

Fujita Engineering 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?
Fujita Engineering Co (TSE:1770) has a Piotroski F-Score of 7 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fujita Engineering Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Fujita Engineering Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Fujita Engineering Co ranks #184 out of 1729 companies in the Construction industry, placing it in the top 10.6%.
Is Fujita Engineering Co's Piotroski F-Score too high?
Fujita Engineering 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 3.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Fujita Engineering Co's value of 7 is 40% above this industry median. Based on the distribution chart, Fujita Engineering Co ranks #184 out of 1729 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Fujita Engineering Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujita Engineering Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Fujita Engineering Co ranks #184 out of 1729 companies for Piotroski F-Score. This places Fujita Engineering Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fujita Engineering Co's value of 7 is 40% above this benchmark. Historically, Fujita Engineering 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 6.00 vs. the industry median of 5.00, Fujita Engineering 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Fujita Engineering Co'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 Fujita Engineering Co and its competitors. For the Construction 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. Fujita Engineering 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 Fujita Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Fujita Engineering Co (TSE:1770) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,307.92, compared to a current price of 円2,058.00 — trading 57.3% 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 Construction industry median of 5.00. Fujita Engineering Co's overall GF Score™ is 73/100 with 7 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 Fujita Engineering Co (TSE:1770), the current Piotroski F-Score is 7 as of Jul. 21, 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 Fujita Engineering Co (TSE:1770) Overvalued in 2026?

Based on GuruFocus' analysis, Fujita Engineering Co stock appears to be overvalued. The current stock price of 円2,058.00 is trading 57.3% above its estimated GF Value™ of 円1,307.92. GuruFocus considers Fujita Engineering Co to be Significantly Overvalued.

Key valuation signals for TSE:1770:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円1,307.92 vs. price of 円2,058.00 (57.3% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 40% above the Construction median (#184 of 1729)

No single metric tells the full story. See the TSE:1770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujita Engineering Co Business Description

Address 1174-5 Iizuka-machi, Gunma, Takasaki-city, JPN, 370-0069
Fujita Engineering Co Ltd is engaged in the facilities construction business. It constructs industrial facilities like air-conditioning and sanitation, electrical, instrumentation, information and communications and mechanical installation. The company also undertakes environmental building equipment works and water utility management operations.
73GF Score

Get the complete analysis for TSE:1770

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

円2,058.00
Price
円1,307.92
GF Value