Sekisui Chemical Co (TSE:4204) Piotroski F-Score: 5 (As of Jun. 29, 2026) — 29% Below Median


TSE:4204 Sekisui Chemical Co Ltd TSE:4204
78 GF Score
Price 円2,600.00
GF Value 円2,501.59
Valuation Fairly Valued
! 2 Warning Signs
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What is Sekisui Chemical Co Piotroski F-Score?

Sekisui Chemical Co TSE:4204 +0.89% 78 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:4204 with a GF Score™ of 78/100 and a GF Value™ of 円2,501.59 (Fairly Valued). The stock has 2 warning signs investors should review. Among 555 Conglomerates companies, Sekisui Chemical Co ranks better than 50.99% 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

Sekisui Chemical Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TSE:4204' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Sekisui Chemical Co was 8. The lowest was 4. And the median was 7.

Sekisui Chemical Co  (TSE:4204) 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.


Sekisui Chemical Co Piotroski F-Score Related Terms


Sekisui Chemical Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sekisui Chemical 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.

Sekisui Chemical Co Piotroski F-Score Chart

Sekisui Chemical 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 8.00 8.00 7.00 5.00

Sekisui Chemical 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 7.00 N/A 6.00 5.00 5.00

TSE:4204 vs HON, MMM: Piotroski F-Score Comparison

For the Conglomerates subindustry, Sekisui Chemical 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.


Sekisui Chemical Co Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sekisui Chemical Co's Piotroski F-Score distribution charts can be found below:

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


TSE:4204
78GF Score
Sekisui Chemical Co Ltd TSE:4204
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 13149 + 18573 + 16108 + 27344 = 円75,174 Mil.
Cash Flow from Operations was 8269 + 41564 + 2928 + 25540 = 円78,301 Mil.
Revenue was 305147 + 324650 + 330110 + 349374 = 円1,309,281 Mil.
Gross Profit was 98847 + 104103 + 108222 + 113006 = 円424,178 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1330786 + 1290432 + 1374803 + 1403667 + 1427933) / 5 = 円1365524.2 Mil.
Total Assets at the begining of this year (Mar25) was 円1,330,786 Mil.
Long-Term Debt & Capital Lease Obligation was 円108,841 Mil.
Total Current Assets was 円721,698 Mil.
Total Current Liabilities was 円388,584 Mil.
Net Income was 23712 + 19213 + 25569 + 13431 = 円81,925 Mil.

Revenue was 298828 + 330226 + 326287 + 342413 = 円1,297,754 Mil.
Gross Profit was 96125 + 106677 + 107603 + 110201 = 円420,606 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1323243 + 0 + 1307044 + 1332748 + 1330786) / 5 = 円1323455.25 Mil.
Total Assets at the begining of last year (Mar24) was 円1,323,243 Mil.
Long-Term Debt & Capital Lease Obligation was 円103,067 Mil.
Total Current Assets was 円703,104 Mil.
Total Current Liabilities was 円340,002 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.

Sekisui Chemical Co's current Net Income (TTM) was 75,174. ==> 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.

Sekisui Chemical Co's current Cash Flow from Operations (TTM) was 78,301. ==> 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)
=75174/1330786
=0.05648842

ROA (Last Year)=Net Income/Total Assets (Mar24)
=81925/1323243
=0.06191229

Sekisui Chemical Co's return on assets of this year was 0.05648842. Sekisui Chemical Co's return on assets of last year was 0.06191229. ==> 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.

Sekisui Chemical Co's current Net Income (TTM) was 75,174. Sekisui Chemical Co's current Cash Flow from Operations (TTM) was 78,301. ==> 78,301 > 75,174 ==> 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
=108841/1365524.2
=0.07970639

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=103067/1323455.25
=0.07787721

Sekisui Chemical Co's gearing of this year was 0.07970639. Sekisui Chemical Co's gearing of last year was 0.07787721. ==> 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
=721698/388584
=1.85725094

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=703104/340002
=2.06794078

Sekisui Chemical Co's current ratio of this year was 1.85725094. Sekisui Chemical Co's current ratio of last year was 2.06794078. ==> 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.

Sekisui Chemical Co's number of shares in issue this year was 411.458. Sekisui Chemical Co's number of shares in issue last year was 418.137. ==> 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
=424178/1309281
=0.32397782

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=420606/1297754
=0.32410303

Sekisui Chemical Co's gross margin of this year was 0.32397782. Sekisui Chemical Co's gross margin of last year was 0.32410303. ==> 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 (Mar25)
=1309281/1330786
=0.98384038

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1297754/1323243
=0.98073748

Sekisui Chemical Co's asset turnover of this year was 0.98384038. Sekisui Chemical Co's asset turnover of last year was 0.98073748. ==> 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+0+1+0+0+1+0+1
=5

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

Sekisui Chemical Co has an F-score of 5 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 5 mean?
Sekisui Chemical Co (TSE:4204) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sekisui Chemical Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Sekisui Chemical Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Sekisui Chemical Co ranks #272 out of 555 companies in the Conglomerates industry, placing it in the top 49%.
Is Sekisui Chemical Co's Piotroski F-Score too high?
Sekisui Chemical Co's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. Sekisui Chemical Co's value of 5 is 0% at this industry median. Based on the distribution chart, Sekisui Chemical Co ranks #272 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Sekisui Chemical Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sekisui Chemical Co's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sekisui Chemical Co ranks #272 out of 555 companies for Piotroski F-Score. This puts Sekisui Chemical Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sekisui Chemical Co's value of 5 is 0% at this benchmark. Historically, Sekisui Chemical 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 7.00 vs. the industry median of 5.00, Sekisui Chemical Co has consistently been at 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. Sekisui Chemical Co's current Piotroski F-Score of 5 is 0% at 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 Sekisui Chemical Co and its competitors. For the Conglomerates 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. Sekisui Chemical Co's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sekisui Chemical Co (TSE:4204) is currently considered Fairly Valued. The stock's GF Value™ is 円2,501.59, compared to a current price of 円2,600.00 — trading 3.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Conglomerates industry median of 5.00. Sekisui Chemical Co's overall GF Score™ is 78/100 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 Sekisui Chemical Co (TSE:4204), the current Piotroski F-Score is 5 as of Jun. 29, 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 Sekisui Chemical Co (TSE:4204) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui Chemical Co stock appears to be overvalued. The current stock price of 円2,600.00 is trading 3.9% above its estimated GF Value™ of 円2,501.59. GuruFocus considers Sekisui Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4204:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円2,501.59 vs. price of 円2,600.00 (3.9% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 0% at the Conglomerates median (#272 of 555)

No single metric tells the full story. See the TSE:4204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui Chemical Co Business Description

Address 2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565
Sekisui Chemical Co Ltd is a Japanese diversified holding company engaged in the housing, infrastructure, high-performance plastics, and medical businesses. The company operates through four segments: Housing, which handles the manufacture, sale, and renovation of unit housing and real estate services; Environment & Lifeline, which produces and sells plastic pipes, building materials, and infrastructure products; High Performance Plastics, which manufactures glass interlayer films, polyolefin foams, adhesive tapes, and functional materials; and Medical, which produces and sells diagnostic reagents, medical raw materials, and pharmaceutical intermediates. It generates the majority of its revenue from the Housing segment.
78GF Score

Get the complete analysis for TSE:4204

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

円2,600.00
Price
円2,501.59
GF Value