Nippon Shindo Co (TSE:5753) Piotroski F-Score: 4 (As of Aug. 24, 2026) — 33% Below Median

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TSE:5753 Nippon Shindo Co Ltd TSE:5753
78 GF Score
Price 円2,536.00
GF Value 円2,444.56
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nippon Shindo Co Piotroski F-Score?

Nippon Shindo Co TSE:5753 +1.36% 78 Piotroski F-Score is 4 as of Aug. 24, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates TSE:5753 with a GF Score™ of 78/100 and a GF Value™ of 円2,444.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,512 Metals & Mining companies, Nippon Shindo Co ranks better than 77.75% 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

Nippon Shindo Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:5753' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Nippon Shindo Co was 8. The lowest was 4. And the median was 6.

Nippon Shindo Co  (TSE:5753) 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.


Nippon Shindo Co Piotroski F-Score Related Terms


Nippon Shindo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nippon Shindo 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.

Nippon Shindo Co Piotroski F-Score Chart

Nippon Shindo 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 5.00 5.00 7.00 7.00 4.00

Nippon Shindo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 4.00 0.00

TSE:5753 vs SCCO, FCX: Piotroski F-Score Comparison

For the Copper subindustry, Nippon Shindo 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.


Nippon Shindo Co Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nippon Shindo Co's Piotroski F-Score distribution charts can be found below:

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


TSE:5753
78GF Score
Nippon Shindo Co Ltd TSE:5753
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742 Mil.
Cash Flow from Operations was 円-975 Mil.
Revenue was 円30,145 Mil.
Gross Profit was 円3,513 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (16474 + 18492) / 2 = 円17483 Mil.
Total Assets at the begining of this year (Mar25) was 円16,474 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円15,294 Mil.
Total Current Liabilities was 円5,242 Mil.
Net Income was 円964 Mil.

Revenue was 円26,122 Mil.
Gross Profit was 円2,682 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (14972 + 16474) / 2 = 円15723 Mil.
Total Assets at the begining of last year (Mar24) was 円14,972 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円13,362 Mil.
Total Current Liabilities was 円4,096 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.

Nippon Shindo Co's current Net Income (TTM) was 742. ==> 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.

Nippon Shindo Co's current Cash Flow from Operations (TTM) was -975. ==> Negative ==> Score 0.

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)
=742/16474
=0.04504067

ROA (Last Year)=Net Income/Total Assets (Mar24)
=964/14972
=0.06438686

Nippon Shindo Co's return on assets of this year was 0.04504067. Nippon Shindo Co's return on assets of last year was 0.06438686. ==> 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.

Nippon Shindo Co's current Net Income (TTM) was 742. Nippon Shindo Co's current Cash Flow from Operations (TTM) was -975. ==> -975 <= 742 ==> 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
=0/17483
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/15723
=0

Nippon Shindo Co's gearing of this year was 0. Nippon Shindo Co'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: Mar26)=Total Current Assets/Total Current Liabilities
=15294/5242
=2.91758871

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=13362/4096
=3.26220703

Nippon Shindo Co's current ratio of this year was 2.91758871. Nippon Shindo Co's current ratio of last year was 3.26220703. ==> 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.

Nippon Shindo Co's number of shares in issue this year was 2.137. Nippon Shindo Co's number of shares in issue last year was 2.136. ==> 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
=3513/30145
=0.11653674

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2682/26122
=0.10267208

Nippon Shindo Co's gross margin of this year was 0.11653674. Nippon Shindo Co's gross margin of last year was 0.10267208. ==> 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)
=30145/16474
=1.8298531

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=26122/14972
=1.74472348

Nippon Shindo Co's asset turnover of this year was 1.8298531. Nippon Shindo Co's asset turnover of last year was 1.74472348. ==> 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+0+0+0+1+0+0+1+1
=4

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

Nippon Shindo Co has an F-score of 4 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 4 mean?
Nippon Shindo Co (TSE:5753) has a Piotroski F-Score of 4 as of Aug. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nippon Shindo Co and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Nippon Shindo Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Nippon Shindo Co ranks #559 out of 2512 companies in the Metals & Mining industry, placing it in the top 22.3%.
Is Nippon Shindo Co's Piotroski F-Score too high?
Nippon Shindo Co's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Nippon Shindo Co's value of 4 is 33.3% above this industry median. Based on the distribution chart, Nippon Shindo Co ranks #559 out of 2512 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Shindo 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 Nippon Shindo Co's Piotroski F-Score compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nippon Shindo Co ranks #559 out of 2512 companies for Piotroski F-Score. This places Nippon Shindo Co in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Nippon Shindo Co's value of 4 is 33.3% above this benchmark. Historically, Nippon Shindo 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 6.00 vs. the industry median of 3.00, Nippon Shindo 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 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. Nippon Shindo Co's current Piotroski F-Score of 4 is 33.3% 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 Nippon Shindo Co and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Shindo Co's current Piotroski F-Score is 4, which is 33% below 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 Nippon Shindo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shindo Co (TSE:5753) is currently considered Fairly Valued. The stock's GF Value™ is 円2,444.56, compared to a current price of 円2,536.00 — trading 3.7% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 33.3% above the Metals & Mining industry median of 3.00. Nippon Shindo 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 Nippon Shindo Co (TSE:5753), the current Piotroski F-Score is 4 as of Aug. 24, 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 Nippon Shindo Co (TSE:5753) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shindo Co stock appears to be overvalued. The current stock price of 円2,536.00 is trading 3.7% above its estimated GF Value™ of 円2,444.56. GuruFocus considers Nippon Shindo Co to be Fairly Valued.

Key valuation signals for TSE:5753:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: 円2,444.56 vs. price of 円2,536.00 (3.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 33.3% above the Metals & Mining median (#559 of 2512)

No single metric tells the full story. See the TSE:5753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Shindo Co Business Description

Address 3-1-1, Minamijima-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 5900904
Nippon Shindo Co Ltd is involved in the manufacturing and distribution of copper alloys, brass rods, wire, forged products and others. The products are utilized in various fields including automobile and electric machinery industries.
78GF Score

Get the complete analysis for TSE:5753

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

円2,536.00
Price
円2,444.56
GF Value