Daiwa Cycle CoTSE:5888 -1.19%18 Piotroski F-Score is 4 as of Jul. 02, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates TSE:5888 with a GF Score™ of 18/100. Among 1,287 Vehicles & Parts companies, Daiwa Cycle Co ranks worse than 69.7% 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
Daiwa Cycle 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 Daiwa Cycle Co's Piotroski F-Score or its related term are showing as below:
TSE:5888'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 4
During the past 5 years, the highest Piotroski F-Score of Daiwa Cycle Co was 8. The lowest was 4. And the median was 7.
Daiwa Cycle Co (TSE:5888) 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.
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.
Daiwa Cycle Co Piotroski F-Score Related Terms
Daiwa Cycle Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Daiwa Cycle 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.
TSE:5888 vs BC, PII, THO: Piotroski F-Score Comparison
For the Recreational Vehicles subindustry, Daiwa Cycle 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.
Daiwa Cycle Co Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Daiwa Cycle Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Daiwa Cycle Co's Piotroski F-Score falls into.
* 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.
*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.
Daiwa Cycle Co's current Net Income (TTM) was 949.
==> 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.
Daiwa Cycle Co's return on assets of this year was 0.11039581. Daiwa Cycle Co's return on assets of last year was 0.12191403.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Daiwa Cycle Co's current ratio of this year was 2.07293298. Daiwa Cycle Co's current ratio of last year was 2.05519299.
==> This year's current ratio is higher. ==> Score 1.
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.
Daiwa Cycle Co's number of shares in issue this year was 2.815. Daiwa Cycle Co's number of shares in issue last year was 2.802.
==> 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.
Daiwa Cycle Co's gross margin of this year was 0.43589639. Daiwa Cycle Co's gross margin of last year was 0.44367395.
==> 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
Daiwa Cycle Co's asset turnover of this year was 2.45648775. Daiwa Cycle Co's asset turnover of last year was 2.49045638.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Daiwa Cycle Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Daiwa Cycle Co (TSE:5888) has a Piotroski F-Score of 4 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daiwa Cycle Co and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, Daiwa Cycle Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Daiwa Cycle Co ranks #897 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 69.7%.
Is Daiwa Cycle Co's Piotroski F-Score too high?
Daiwa Cycle Co's current Piotroski F-Score of 4 is 43% 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 Vehicles & Parts industry median Piotroski F-Score is 5.00. Daiwa Cycle Co's value of 4 is 20% below this industry median. Based on the distribution chart, Daiwa Cycle Co ranks #897 out of 1287 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Daiwa Cycle Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Cycle Co's Piotroski F-Score compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Daiwa Cycle Co ranks #897 out of 1287 companies for Piotroski F-Score. This places Daiwa Cycle Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Daiwa Cycle Co's value of 4 is 20% below this benchmark. Historically, Daiwa Cycle 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, Daiwa Cycle Co has consistently been below 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. Daiwa Cycle Co's current Piotroski F-Score of 4 is 20% below 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 Daiwa Cycle Co and its competitors. For the Vehicles & Parts 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. Daiwa Cycle Co's current Piotroski F-Score is 4, which is 43% 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 Daiwa Cycle Co stock overvalued right now?
Daiwa Cycle Co (TSE:5888) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Vehicles & Parts industry median of 5.00. Daiwa Cycle Co's overall GF Score™ is 18/100. 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 Daiwa Cycle Co (TSE:5888), the current Piotroski F-Score is 4 as of Jul. 02, 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.
Daiwa Cycle Co Ltd is a specialty retail company that operates a chain of bicycle stores. The Company is engaged in the Sales of bicycles, bicycle parts and accessories as well as the provision of bicycle maintenance and repair. The company distributes its products and services directly to consumers through its directly managed physical locations, franchise partnerships, and e-commerce platforms.
18GF Score
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