Daisue Construction Co (TSE:1814) Piotroski F-Score: 9 (As of Jul. 17, 2026) — 50% Above Median

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TSE:1814 Daisue Construction Co Ltd TSE:1814
72 GF Score
Price 円3,565.00
GF Value 円2,456.07
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Daisue Construction Co Piotroski F-Score?

Daisue Construction Co TSE:1814 -0.28% 72 Piotroski F-Score is 9 as of Jul. 17, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates TSE:1814 with a GF Score™ of 72/100 and a GF Value™ of 円2,456.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,753 Real Estate companies, Daisue Construction Co ranks better than 99.94% 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

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

TSE:1814' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 9

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

Daisue Construction Co  (TSE:1814) 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.


Daisue Construction Co Piotroski F-Score Related Terms


Daisue Construction Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daisue Construction 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.

Daisue Construction Co Piotroski F-Score Chart

Daisue Construction 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 7.00 6.00 3.00 5.00 9.00

Daisue Construction 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 3.00 0.00 5.00 0.00 9.00

Daisue Construction Co Piotroski F-Score Competitor Comparison

For the Real Estate - Development subindustry, Daisue Construction 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.


Daisue Construction Co Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Daisue Construction Co's Piotroski F-Score distribution charts can be found below:

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


TSE:1814
72GF Score
Daisue Construction Co Ltd TSE:1814
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3,800 Mil.
Cash Flow from Operations was 円9,299 Mil.
Revenue was 円105,553 Mil.
Gross Profit was 円11,949 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (55595 + 59649) / 2 = 円57622 Mil.
Total Assets at the begining of this year (Mar25) was 円55,595 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,304 Mil.
Total Current Assets was 円53,053 Mil.
Total Current Liabilities was 円30,361 Mil.
Net Income was 円2,060 Mil.

Revenue was 円89,027 Mil.
Gross Profit was 円8,275 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (59107 + 55595) / 2 = 円57351 Mil.
Total Assets at the begining of last year (Mar24) was 円59,107 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,654 Mil.
Total Current Assets was 円48,264 Mil.
Total Current Liabilities was 円28,053 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.

Daisue Construction Co's current Net Income (TTM) was 3,800. ==> 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.

Daisue Construction Co's current Cash Flow from Operations (TTM) was 9,299. ==> 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)
=3800/55595
=0.06835147

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2060/59107
=0.03485205

Daisue Construction Co's return on assets of this year was 0.06835147. Daisue Construction Co's return on assets of last year was 0.03485205. ==> 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.

Daisue Construction Co's current Net Income (TTM) was 3,800. Daisue Construction Co's current Cash Flow from Operations (TTM) was 9,299. ==> 9,299 > 3,800 ==> 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
=2304/57622
=0.03998473

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2654/57351
=0.04627644

Daisue Construction Co's gearing of this year was 0.03998473. Daisue Construction Co's gearing of last year was 0.04627644. ==> 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
=53053/30361
=1.74740621

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=48264/28053
=1.72045771

Daisue Construction Co's current ratio of this year was 1.74740621. Daisue Construction Co's current ratio of last year was 1.72045771. ==> 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.

Daisue Construction Co's number of shares in issue this year was 10.394. Daisue Construction Co's number of shares in issue last year was 10.432. ==> 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
=11949/105553
=0.11320379

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8275/89027
=0.09294933

Daisue Construction Co's gross margin of this year was 0.11320379. Daisue Construction Co's gross margin of last year was 0.09294933. ==> 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)
=105553/55595
=1.89860599

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=89027/59107
=1.50620062

Daisue Construction Co's asset turnover of this year was 1.89860599. Daisue Construction Co's asset turnover of last year was 1.50620062. ==> 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

Daisue Construction 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?
Daisue Construction Co (TSE:1814) has a Piotroski F-Score of 9 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daisue Construction Co and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Daisue Construction Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Daisue Construction Co ranks #1 out of 1753 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is Daisue Construction Co's Piotroski F-Score too high?
Daisue Construction Co's current Piotroski F-Score of 9 is 50% 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 Real Estate industry median Piotroski F-Score is 5.00. Daisue Construction Co's value of 9 is 80% above this industry median. Based on the distribution chart, Daisue Construction Co ranks #1 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Daisue Construction Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daisue Construction Co's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Daisue Construction Co ranks #1 out of 1753 companies for Piotroski F-Score. This places Daisue Construction Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Daisue Construction Co's value of 9 is 80% above this benchmark. Historically, Daisue Construction 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, Daisue Construction 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,753 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. Daisue Construction 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 Daisue Construction Co and its competitors. For the Real Estate 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. Daisue Construction Co's current Piotroski F-Score is 9, which is 50% 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 Daisue Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Daisue Construction Co (TSE:1814) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,456.07, compared to a current price of 円3,565.00 — trading 45.2% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Real Estate industry median of 5.00. Daisue Construction Co's overall GF Score™ is 72/100 with 1 warning sign 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 Daisue Construction Co (TSE:1814), the current Piotroski F-Score is 9 as of Jul. 17, 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 Daisue Construction Co (TSE:1814) Overvalued in 2026?

Based on GuruFocus' analysis, Daisue Construction Co stock appears to be overvalued. The current stock price of 円3,565.00 is trading 45.2% above its estimated GF Value™ of 円2,456.07. GuruFocus considers Daisue Construction Co to be Significantly Overvalued.

Key valuation signals for TSE:1814:

  • Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
  • GF Value™: 円2,456.07 vs. price of 円3,565.00 (45.2% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 80% above the Real Estate median (#1 of 1753)

No single metric tells the full story. See the TSE:1814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daisue Construction Co Business Description

Address 2-5-28 Kyutarocho, Chuo-ku, Osaka, JPN
Daisue Construction Co Ltd is a comprehensive construction company catering to the needs of its clients with quality construction, technology and advice in a wide range of fields, especially condominium construction. The group is involved in many types of construction, including condominiums, offices, logistics warehouses, factories, medical facilities, and buildings for weddings etc. In addition, it also provides repairs, extensions, and renovation services, and seismic diagnosis of existing buildings. Geographically, the group operates in Japan.
72GF Score

Get the complete analysis for TSE:1814

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

円3,565.00
Price
円2,456.07
GF Value