Silicon Studio (TSE:3907) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 20% Above Median


TSE:3907 Silicon Studio Corp TSE:3907
67 GF Score
Price 円943.00
GF Value 円1,009.75
Valuation Fairly Valued
! 1 Warning Sign
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What is Silicon Studio Piotroski F-Score?

Silicon Studio TSE:3907 -10.95% 67 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:3907 with a GF Score™ of 67/100 and a GF Value™ of 円1,009.75 (Fairly Valued). The stock has 1 warning sign investors should review. Among 550 Interactive Media companies, Silicon Studio 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

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

TSE:3907' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Silicon Studio was 7. The lowest was 2. And the median was 5.

Silicon Studio  (TSE:3907) 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.


Silicon Studio Piotroski F-Score Related Terms


Silicon Studio Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Silicon Studio'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.

Silicon Studio Piotroski F-Score Chart

Silicon Studio Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 7.00 4.00 7.00 6.00

Silicon Studio Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 4.00 0.00 7.00 0.00 6.00

TSE:3907 vs NTES, EA, TTWO: Piotroski F-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Silicon Studio'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.


Silicon Studio Piotroski F-Score vs Interactive Media Industry

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

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


TSE:3907
67GF Score
Silicon Studio Corp TSE:3907
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 (Nov25) TTM:Last Year (Nov24) TTM:
Net Income was 円206 Mil.
Cash Flow from Operations was 円322 Mil.
Revenue was 円4,303 Mil.
Gross Profit was 円1,890 Mil.
Average Total Assets from the begining of this year (Nov24)
to the end of this year (Nov25) was (2377 + 2802) / 2 = 円2589.5 Mil.
Total Assets at the begining of this year (Nov24) was 円2,377 Mil.
Long-Term Debt & Capital Lease Obligation was 円209 Mil.
Total Current Assets was 円2,391 Mil.
Total Current Liabilities was 円705 Mil.
Net Income was 円72 Mil.

Revenue was 円3,741 Mil.
Gross Profit was 円1,761 Mil.
Average Total Assets from the begining of last year (Nov23)
to the end of last year (Nov24) was (3159 + 2377) / 2 = 円2768 Mil.
Total Assets at the begining of last year (Nov23) was 円3,159 Mil.
Long-Term Debt & Capital Lease Obligation was 円184 Mil.
Total Current Assets was 円1,996 Mil.
Total Current Liabilities was 円511 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.

Silicon Studio's current Net Income (TTM) was 206. ==> 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.

Silicon Studio's current Cash Flow from Operations (TTM) was 322. ==> 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 (Nov24)
=206/2377
=0.08666386

ROA (Last Year)=Net Income/Total Assets (Nov23)
=72/3159
=0.02279202

Silicon Studio's return on assets of this year was 0.08666386. Silicon Studio's return on assets of last year was 0.02279202. ==> 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.

Silicon Studio's current Net Income (TTM) was 206. Silicon Studio's current Cash Flow from Operations (TTM) was 322. ==> 322 > 206 ==> 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: Nov25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov24 to Nov25
=209/2589.5
=0.08071056

Gearing (Last Year: Nov24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov23 to Nov24
=184/2768
=0.06647399

Silicon Studio's gearing of this year was 0.08071056. Silicon Studio's gearing of last year was 0.06647399. ==> 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: Nov25)=Total Current Assets/Total Current Liabilities
=2391/705
=3.39148936

Current Ratio (Last Year: Nov24)=Total Current Assets/Total Current Liabilities
=1996/511
=3.90606654

Silicon Studio's current ratio of this year was 3.39148936. Silicon Studio's current ratio of last year was 3.90606654. ==> 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.

Silicon Studio's number of shares in issue this year was 2.745. Silicon Studio's number of shares in issue last year was 2.81. ==> 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
=1890/4303
=0.43922845

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1761/3741
=0.47072975

Silicon Studio's gross margin of this year was 0.43922845. Silicon Studio's gross margin of last year was 0.47072975. ==> 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 (Nov24)
=4303/2377
=1.81026504

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov23)
=3741/3159
=1.18423552

Silicon Studio's asset turnover of this year was 1.81026504. Silicon Studio's asset turnover of last year was 1.18423552. ==> 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+0+0+1+0+1
=6

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

Silicon Studio 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?
Silicon Studio (TSE:3907) 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 Silicon Studio and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Silicon Studio's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Silicon Studio ranks #119 out of 550 companies in the Interactive Media industry, placing it in the top 21.6%.
Is Silicon Studio's Piotroski F-Score too high?
Silicon Studio's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Interactive Media industry median Piotroski F-Score is 5.00. Silicon Studio's value of 6 is 20% above this industry median. Based on the distribution chart, Silicon Studio ranks #119 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Silicon Studio has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silicon Studio's Piotroski F-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Silicon Studio ranks #119 out of 550 companies for Piotroski F-Score. This places Silicon Studio in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Silicon Studio's value of 6 is 20% above this benchmark. Historically, Silicon Studio's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Silicon Studio 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. Silicon Studio'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 Silicon Studio 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. Silicon Studio's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silicon Studio stock overvalued right now?
Based on GuruFocus' analysis, Silicon Studio (TSE:3907) is currently considered Fairly Valued. The stock's GF Value™ is 円1,009.75, compared to a current price of 円943.00 — trading 6.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Interactive Media industry median of 5.00. Silicon Studio's overall GF Score™ is 67/100 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 Silicon Studio (TSE:3907), 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 Silicon Studio (TSE:3907) Overvalued in 2026?

Based on GuruFocus' analysis, Silicon Studio stock appears to be undervalued. The current stock price of 円943.00 is trading 6.6% below its estimated GF Value™ of 円1,009.75. GuruFocus considers Silicon Studio to be Fairly Valued.

Key valuation signals for TSE:3907:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円1,009.75 vs. price of 円943.00 (6.6% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 20% above the Interactive Media median (#119 of 550)

No single metric tells the full story. See the TSE:3907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Silicon Studio Business Description

Address 1-21-3 Ebisu Shibuya-ku, Tokyo, JPN, 150-0013
Silicon Studio Corp is engaged in the digital contents development business. It offers optical effects middlewares, CG engine and online solution services. The Company's segments are technology, contents and manpower.
67GF Score

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

円943.00
Price
円1,009.75
GF Value