CKn-Etsu Co (TSE:5757) Piotroski F-Score: 5 (As of Jul. 11, 2026) — 17% Below Median


TSE:5757 CK San-Etsu Co Ltd TSE:5757
83 GF Score
Price 円5,310.00
GF Value 円5,007.28
Valuation Fairly Valued
! 6 Warning Signs
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What is CKn-Etsu Co Piotroski F-Score?

CKn-Etsu Co TSE:5757 +0.76% 83 Piotroski F-Score is 5 as of Jul. 11, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:5757 with a GF Score™ of 83/100 and a GF Value™ of 円5,007.28 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,974 Industrial Products companies, CKn-Etsu Co ranks better than 56.39% 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

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

TSE:5757' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 5

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

CKn-Etsu Co  (TSE:5757) 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.


CKn-Etsu Co Piotroski F-Score Related Terms


CKn-Etsu Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CKn-Etsu 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.

CKn-Etsu Co Piotroski F-Score Chart

CKn-Etsu 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 5.00 5.00 7.00 5.00

CKn-Etsu Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.00 0.00 7.00 0.00 5.00

TSE:5757 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, CKn-Etsu 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.


CKn-Etsu Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CKn-Etsu Co's Piotroski F-Score distribution charts can be found below:

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


TSE:5757
83GF Score
CK San-Etsu Co Ltd TSE:5757
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3,587 Mil.
Cash Flow from Operations was 円2,965 Mil.
Revenue was 円149,438 Mil.
Gross Profit was 円20,371 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (86975 + 97520) / 2 = 円92247.5 Mil.
Total Assets at the begining of this year (Mar25) was 円86,975 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,177 Mil.
Total Current Assets was 円72,758 Mil.
Total Current Liabilities was 円30,845 Mil.
Net Income was 円5,207 Mil.

Revenue was 円125,108 Mil.
Gross Profit was 円15,421 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (77140 + 86975) / 2 = 円82057.5 Mil.
Total Assets at the begining of last year (Mar24) was 円77,140 Mil.
Long-Term Debt & Capital Lease Obligation was 円102 Mil.
Total Current Assets was 円62,961 Mil.
Total Current Liabilities was 円25,021 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.

CKn-Etsu Co's current Net Income (TTM) was 3,587. ==> 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.

CKn-Etsu Co's current Cash Flow from Operations (TTM) was 2,965. ==> 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)
=3587/86975
=0.04124174

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5207/77140
=0.06750065

CKn-Etsu Co's return on assets of this year was 0.04124174. CKn-Etsu Co's return on assets of last year was 0.06750065. ==> 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.

CKn-Etsu Co's current Net Income (TTM) was 3,587. CKn-Etsu Co's current Cash Flow from Operations (TTM) was 2,965. ==> 2,965 <= 3,587 ==> 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
=1177/92247.5
=0.01275915

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=102/82057.5
=0.00124303

CKn-Etsu Co's gearing of this year was 0.01275915. CKn-Etsu Co's gearing of last year was 0.00124303. ==> 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
=72758/30845
=2.35882639

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=62961/25021
=2.51632629

CKn-Etsu Co's current ratio of this year was 2.35882639. CKn-Etsu Co's current ratio of last year was 2.51632629. ==> 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.

CKn-Etsu Co's number of shares in issue this year was 8.3. CKn-Etsu Co's number of shares in issue last year was 8.451. ==> 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
=20371/149438
=0.1363174

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15421/125108
=0.1232615

CKn-Etsu Co's gross margin of this year was 0.1363174. CKn-Etsu Co's gross margin of last year was 0.1232615. ==> 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)
=149438/86975
=1.71817189

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=125108/77140
=1.62183044

CKn-Etsu Co's asset turnover of this year was 1.71817189. CKn-Etsu Co's asset turnover of last year was 1.62183044. ==> 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+0+0+0+1+1+1
=5

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

CKn-Etsu 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?
CKn-Etsu Co (TSE:5757) has a Piotroski F-Score of 5 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CKn-Etsu Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, CKn-Etsu Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, CKn-Etsu Co ranks #1297 out of 2974 companies in the Industrial Products industry, placing it in the top 43.6%.
Is CKn-Etsu Co's Piotroski F-Score too high?
CKn-Etsu Co's current Piotroski F-Score of 5 is 17% below 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 Industrial Products industry median Piotroski F-Score is 5.00. CKn-Etsu Co's value of 5 is 0% at this industry median. Based on the distribution chart, CKn-Etsu Co ranks #1297 out of 2974 companies in the Industrial Products industry, which is above the industry midpoint. Overall, CKn-Etsu Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CKn-Etsu Co's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, CKn-Etsu Co ranks #1297 out of 2974 companies for Piotroski F-Score. This puts CKn-Etsu Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. CKn-Etsu Co's value of 5 is 0% at this benchmark. Historically, CKn-Etsu Co'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, CKn-Etsu 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,974 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. CKn-Etsu 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 CKn-Etsu Co and its competitors. For the Industrial Products 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. CKn-Etsu Co's current Piotroski F-Score is 5, which is 17% 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 CKn-Etsu Co stock overvalued right now?
Based on GuruFocus' analysis, CKn-Etsu Co (TSE:5757) is currently considered Fairly Valued. The stock's GF Value™ is 円5,007.28, compared to a current price of 円5,310.00 — trading 6% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Industrial Products industry median of 5.00. CKn-Etsu Co's overall GF Score™ is 83/100 with 6 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 CKn-Etsu Co (TSE:5757), the current Piotroski F-Score is 5 as of Jul. 11, 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 CKn-Etsu Co (TSE:5757) Overvalued in 2026?

Based on GuruFocus' analysis, CKn-Etsu Co stock appears to be overvalued. The current stock price of 円5,310.00 is trading 6% above its estimated GF Value™ of 円5,007.28. GuruFocus considers CKn-Etsu Co to be Fairly Valued.

Key valuation signals for TSE:5757:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円5,007.28 vs. price of 円5,310.00 (6% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 0% at the Industrial Products median (#1297 of 2974)

No single metric tells the full story. See the TSE:5757 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CKn-Etsu Co Business Description

Address 2-12-1 Shugocho, Takaoka, JPN, 933-0983
CK San-Etsu Co Ltd is a manufacturer of brass rods and wires in Japan. The company produces environmental conscious piping equipment under the CK brand. Its product offerings include lead-free brass, low lead brass, brass rod, dezincing resistant brass, brass wire, copper wire, special copper alloy wire and precision parts.
83GF Score

Get the complete analysis for TSE:5757

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

円5,310.00
Price
円5,007.28
GF Value