DIP (TSE:2379) Piotroski F-Score: 6 (As of Jun. 28, 2026) — Near Median


TSE:2379 DIP Corp TSE:2379
90 GF Score
Price 円1,740.00
GF Value 円2,714.32
Valuation Significantly Undervalued
! 2 Warning Signs
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What is DIP Piotroski F-Score?

DIP TSE:2379 +0.64% 90 Piotroski F-Score is 6 as of Jun. 28, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:2379 with a GF Score™ of 90/100 and a GF Value™ of 円2,714.32 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 550 Interactive Media companies, DIP ranks better than 78.36% 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

DIP has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for DIP's Piotroski F-Score or its related term are showing as below:

TSE:2379' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of DIP was 7. The lowest was 3. And the median was 6.

DIP  (TSE:2379) 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.


DIP Piotroski F-Score Related Terms


DIP Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DIP'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.

DIP Piotroski F-Score Chart

DIP Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 6.00 7.00 6.00

DIP Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 6.00 8.00 7.00 6.00

TSE:2379 vs GOOGL, META, SPOT: Piotroski F-Score Comparison

For the Internet Content & Information subindustry, DIP'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.


DIP Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DIP's Piotroski F-Score distribution charts can be found below:

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


TSE:2379
90GF Score
DIP Corp TSE:2379
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 2294.565 + 1420.468 + 1883.43 + 357.597 = 円5,956 Mil.
Cash Flow from Operations was 2623.816 + 2184.836 + 2046.276 + 3110.835 = 円9,966 Mil.
Revenue was 15786.735 + 13063.802 + 13527.693 + 12474.53 = 円54,853 Mil.
Gross Profit was 14118.031 + 11462.24 + 12008.015 + 10945.316 = 円48,534 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was
(50506.612 + 49391.759 + 49717.059 + 49390.128 + 49954.586) / 5 = 円49792.0288 Mil.
Total Assets at the begining of this year (Feb25) was 円50,507 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円25,869 Mil.
Total Current Liabilities was 円9,351 Mil.
Net Income was 2804.631 + 2242.225 + 2314.613 + 1589.79 = 円8,951 Mil.

Revenue was 15279.028 + 13145.613 + 14227.68 + 13733.872 = 円56,386 Mil.
Gross Profit was 13746.13 + 11593.204 + 12954.738 + 12210.212 = 円50,504 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was
(50772.466 + 50326.489 + 47582.647 + 47958.377 + 50506.612) / 5 = 円49429.3182 Mil.
Total Assets at the begining of last year (Feb24) was 円50,772 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円26,264 Mil.
Total Current Liabilities was 円11,047 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.

DIP's current Net Income (TTM) was 5,956. ==> 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.

DIP's current Cash Flow from Operations (TTM) was 9,966. ==> 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 (Feb25)
=5956.06/50506.612
=0.11792634

ROA (Last Year)=Net Income/Total Assets (Feb24)
=8951.259/50772.466
=0.17630144

DIP's return on assets of this year was 0.11792634. DIP's return on assets of last year was 0.17630144. ==> Last year is higher ==> Score 0.

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.

DIP's current Net Income (TTM) was 5,956. DIP's current Cash Flow from Operations (TTM) was 9,966. ==> 9,966 > 5,956 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0/49792.0288
=0

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/49429.3182
=0

DIP's gearing of this year was 0. DIP's gearing of last year was 0. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=25869.207/9350.607
=2.7665805

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=26264.138/11046.647
=2.37756651

DIP's current ratio of this year was 2.7665805. DIP's current ratio of last year was 2.37756651. ==> 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.

DIP's number of shares in issue this year was 52.343. DIP's number of shares in issue last year was 53.18. ==> 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
=48533.602/54852.76
=0.88479781

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=50504.284/56386.193
=0.8956853

DIP's gross margin of this year was 0.88479781. DIP's gross margin of last year was 0.8956853. ==> Last year's gross margin is higher ==> Score 0.

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 (Feb25)
=54852.76/50506.612
=1.08605107

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=56386.193/50772.466
=1.11056636

DIP's asset turnover of this year was 1.08605107. DIP's asset turnover of last year was 1.11056636. ==> 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+0+1+1+1+1+0+0
=6

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

DIP has an F-score of 6 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 6 mean?
DIP (TSE:2379) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DIP and its competitors. This is near median its historical median of 6.00. Over the past decade, DIP's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, DIP ranks #119 out of 550 companies in the Interactive Media industry, placing it in the top 21.6%.
Is DIP's Piotroski F-Score too high?
DIP's current Piotroski F-Score of 6 is near 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 7.00. The Interactive Media industry median Piotroski F-Score is 5.00. DIP's value of 6 is 20% above this industry median. Based on the distribution chart, DIP ranks #119 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, DIP has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DIP's Piotroski F-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, DIP ranks #119 out of 550 companies for Piotroski F-Score. This places DIP in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. DIP's value of 6 is 20% above this benchmark. Historically, DIP's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, DIP 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 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. DIP's current Piotroski F-Score of 6 is 20% 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 DIP and its competitors. For the Interactive Media 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. DIP's current Piotroski F-Score is 6, which is near 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 DIP stock overvalued right now?
Based on GuruFocus' analysis, DIP (TSE:2379) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,714.32, compared to a current price of 円1,740.00 — trading 35.9% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Interactive Media industry median of 5.00. DIP's overall GF Score™ is 90/100 with 2 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 DIP (TSE:2379), the current Piotroski F-Score is 6 as of Jun. 28, 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 DIP (TSE:2379) Overvalued in 2026?

Based on GuruFocus' analysis, DIP stock appears to be undervalued. The current stock price of 円1,740.00 is trading 35.9% below its estimated GF Value™ of 円2,714.32. GuruFocus considers DIP to be Significantly Undervalued.

Key valuation signals for TSE:2379:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円2,714.32 vs. price of 円1,740.00 (35.9% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 20% above the Interactive Media median (#119 of 550)

No single metric tells the full story. See the TSE:2379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIP Business Description

Address 32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
DIP Corp is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,740.00
Price
円2,714.32
GF Value