Nihon Knowledge Co (TSE:5252) Piotroski F-Score: 5 (As of Jun. 29, 2026) — Near Median


TSE:5252 Nihon Knowledge Co Ltd TSE:5252
75 GF Score
Price 円749.00
GF Value 円544.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nihon Knowledge Co Piotroski F-Score?

Nihon Knowledge Co TSE:5252 +1.63% 75 Piotroski F-Score is 5 as of Jun. 29, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:5252 with a GF Score™ of 75/100 and a GF Value™ of 円544.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,743 Software companies, Nihon Knowledge Co ranks better than 59.79% 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

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

TSE:5252' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 5

During the past 6 years, the highest Piotroski F-Score of Nihon Knowledge Co was 8. The lowest was 4. And the median was 5.

Nihon Knowledge Co  (TSE:5252) 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.


Nihon Knowledge Co Piotroski F-Score Related Terms


Nihon Knowledge Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nihon Knowledge 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.

Nihon Knowledge Co Piotroski F-Score Chart

Nihon Knowledge Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 8.00 5.00 4.00 5.00

Nihon Knowledge Co Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 5.00 0.00 4.00 0.00 5.00

TSE:5252 vs UBER, SHOP, CRM: Piotroski F-Score Comparison

For the Software - Application subindustry, Nihon Knowledge 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.


Nihon Knowledge Co Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Nihon Knowledge Co's Piotroski F-Score distribution charts can be found below:

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


TSE:5252
75GF Score
Nihon Knowledge Co Ltd TSE:5252
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87 Mil.
Cash Flow from Operations was 円57 Mil.
Revenue was 円4,559 Mil.
Gross Profit was 円729 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2124.151 + 2255.38) / 2 = 円2189.7655 Mil.
Total Assets at the begining of this year (Mar25) was 円2,124 Mil.
Long-Term Debt & Capital Lease Obligation was 円277 Mil.
Total Current Assets was 円1,457 Mil.
Total Current Liabilities was 円739 Mil.
Net Income was 円83 Mil.

Revenue was 円4,154 Mil.
Gross Profit was 円704 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2121.973 + 2124.151) / 2 = 円2123.062 Mil.
Total Assets at the begining of last year (Mar24) was 円2,122 Mil.
Long-Term Debt & Capital Lease Obligation was 円269 Mil.
Total Current Assets was 円1,393 Mil.
Total Current Liabilities was 円691 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.

Nihon Knowledge Co's current Net Income (TTM) was 87. ==> 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.

Nihon Knowledge Co's current Cash Flow from Operations (TTM) was 57. ==> 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)
=86.501/2124.151
=0.04072262

ROA (Last Year)=Net Income/Total Assets (Mar24)
=82.904/2121.973
=0.0390693

Nihon Knowledge Co's return on assets of this year was 0.04072262. Nihon Knowledge Co's return on assets of last year was 0.0390693. ==> 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.

Nihon Knowledge Co's current Net Income (TTM) was 87. Nihon Knowledge Co's current Cash Flow from Operations (TTM) was 57. ==> 57 <= 87 ==> CFROA <= ROA ==> Score 0.

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
=276.666/2189.7655
=0.12634504

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=269.392/2123.062
=0.12688843

Nihon Knowledge Co's gearing of this year was 0.12634504. Nihon Knowledge Co's gearing of last year was 0.12688843. ==> 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
=1457.017/738.601
=1.97267131

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1392.537/691.11
=2.01492816

Nihon Knowledge Co's current ratio of this year was 1.97267131. Nihon Knowledge Co's current ratio of last year was 2.01492816. ==> 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.

Nihon Knowledge Co's number of shares in issue this year was 4.142. Nihon Knowledge Co's number of shares in issue last year was 4.128. ==> 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
=728.85/4558.62
=0.15988391

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=704.49/4154.113
=0.16958855

Nihon Knowledge Co's gross margin of this year was 0.15988391. Nihon Knowledge Co's gross margin of last year was 0.16958855. ==> 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)
=4558.62/2124.151
=2.14609037

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4154.113/2121.973
=1.95766534

Nihon Knowledge Co's asset turnover of this year was 2.14609037. Nihon Knowledge Co's asset turnover of last year was 1.95766534. ==> 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+0+1+0+0+0+1
=5

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

Nihon Knowledge 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?
Nihon Knowledge Co (TSE:5252) 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 Nihon Knowledge Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Nihon Knowledge Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Nihon Knowledge Co ranks #1103 out of 2743 companies in the Software industry, placing it in the top 40.2%.
Is Nihon Knowledge Co's Piotroski F-Score too high?
Nihon Knowledge Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Nihon Knowledge Co's value of 5 is 0% at this industry median. Based on the distribution chart, Nihon Knowledge Co ranks #1103 out of 2743 companies in the Software industry, which is above the industry midpoint. Overall, Nihon Knowledge Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Knowledge Co's Piotroski F-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Nihon Knowledge Co ranks #1103 out of 2743 companies for Piotroski F-Score. This puts Nihon Knowledge Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nihon Knowledge Co's value of 5 is 0% at this benchmark. Historically, Nihon Knowledge 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 5.00 vs. the industry median of 5.00, Nihon Knowledge 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. Nihon Knowledge 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 Nihon Knowledge Co and its competitors. For the Software 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. Nihon Knowledge Co's current Piotroski F-Score is 5, which is near 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 Nihon Knowledge Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Knowledge Co (TSE:5252) is currently considered Significantly Overvalued. The stock's GF Value™ is 円544.01, compared to a current price of 円749.00 — trading 37.7% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Software industry median of 5.00. Nihon Knowledge Co's overall GF Score™ is 75/100 with 4 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 Nihon Knowledge Co (TSE:5252), 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 Nihon Knowledge Co (TSE:5252) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Knowledge Co stock appears to be overvalued. The current stock price of 円749.00 is trading 37.7% above its estimated GF Value™ of 円544.01. GuruFocus considers Nihon Knowledge Co to be Significantly Overvalued.

Key valuation signals for TSE:5252:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円544.01 vs. price of 円749.00 (37.7% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 0% at the Software median (#1103 of 2743)

No single metric tells the full story. See the TSE:5252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Knowledge Co Business Description

Address JS Building 9th Floor, 3-19-5 Kotobuki, Taito-ku, Tokyo, JPN, 111-0042
Nihon Knowledge Co Ltd is a comprehensive ICT service company that provides quality and test technology, development, and security products with a thorough user orientation. The company's services include verification services, Development services, and consultation services. The verification services include Resolving software verification issues through a track record of numerous projects and accumulation of know-how. The development services include management systems for steel wholesalers and processing industries and others.
75GF Score

Get the complete analysis for TSE:5252

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

円749.00
Price
円544.01
GF Value