Okabe Co (TSE:5959) Piotroski F-Score: 7 (As of Aug. 11, 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5959 Okabe Co Ltd TSE:5959
63 GF Score
Price 円925.00
GF Value 円832.04
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Okabe Co Piotroski F-Score?

Okabe Co TSE:5959 +0.22% 63 Piotroski F-Score is 7 as of Aug. 11, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:5959 with a GF Score™ of 63/100 and a GF Value™ of 円832.04 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,736 Construction companies, Okabe Co ranks better than 89.23% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Okabe Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:5959' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Okabe Co was 7. The lowest was 3. And the median was 5.

Okabe Co  (TSE:5959) 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.


Okabe Co Piotroski F-Score Related Terms


Okabe Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Okabe 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.

Okabe Co Piotroski F-Score Chart

Okabe Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 6.00 6.00 7.00

Okabe Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 4.00 0.00 7.00 0.00 0.00

TSE:5959 vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Okabe 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.


Okabe Co Piotroski F-Score vs Construction Industry

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

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


TSE:5959
63GF Score
Okabe Co Ltd TSE:5959
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円3,285 Mil.
Cash Flow from Operations was 円2,420 Mil.
Revenue was 円69,758 Mil.
Gross Profit was 円21,714 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (86993 + 85030) / 2 = 円86011.5 Mil.
Total Assets at the begining of this year (Dec24) was 円86,993 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,102 Mil.
Total Current Assets was 円46,777 Mil.
Total Current Liabilities was 円14,747 Mil.
Net Income was 円-874 Mil.

Revenue was 円67,806 Mil.
Gross Profit was 円21,160 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (89885 + 86993) / 2 = 円88439 Mil.
Total Assets at the begining of last year (Dec23) was 円89,885 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,450 Mil.
Total Current Assets was 円48,824 Mil.
Total Current Liabilities was 円18,329 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.

Okabe Co's current Net Income (TTM) was 3,285. ==> 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.

Okabe Co's current Cash Flow from Operations (TTM) was 2,420. ==> 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 (Dec24)
=3285/86993
=0.03776166

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-874/89885
=-0.00972354

Okabe Co's return on assets of this year was 0.03776166. Okabe Co's return on assets of last year was -0.00972354. ==> 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.

Okabe Co's current Net Income (TTM) was 3,285. Okabe Co's current Cash Flow from Operations (TTM) was 2,420. ==> 2,420 <= 3,285 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=5102/86011.5
=0.05931765

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=5450/88439
=0.0616244

Okabe Co's gearing of this year was 0.05931765. Okabe Co's gearing of last year was 0.0616244. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=46777/14747
=3.17196718

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=48824/18329
=2.66375689

Okabe Co's current ratio of this year was 3.17196718. Okabe Co's current ratio of last year was 2.66375689. ==> 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.

Okabe Co's number of shares in issue this year was 45.775. Okabe Co's number of shares in issue last year was 46.221. ==> 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
=21714/69758
=0.31127613

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=21160/67806
=0.31206678

Okabe Co's gross margin of this year was 0.31127613. Okabe Co's gross margin of last year was 0.31206678. ==> 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 (Dec24)
=69758/86993
=0.80188061

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=67806/89885
=0.75436391

Okabe Co's asset turnover of this year was 0.80188061. Okabe Co's asset turnover of last year was 0.75436391. ==> 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+1+1+0+1
=7

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

Okabe Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Okabe Co (TSE:5959) has a Piotroski F-Score of 7 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Okabe Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Okabe Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Okabe Co ranks #187 out of 1736 companies in the Construction industry, placing it in the top 10.8%.
Is Okabe Co's Piotroski F-Score too high?
Okabe Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Okabe Co's value of 7 is 40% above this industry median. Based on the distribution chart, Okabe Co ranks #187 out of 1736 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Okabe Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okabe Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Okabe Co ranks #187 out of 1736 companies for Piotroski F-Score. This places Okabe Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Okabe Co's value of 7 is 40% above this benchmark. Historically, Okabe 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 5.00 vs. the industry median of 5.00, Okabe 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,736 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. Okabe Co's current Piotroski F-Score of 7 is 40% 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 Okabe Co and its competitors. For the Construction 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. Okabe Co's current Piotroski F-Score is 7, which is 40% above 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 Okabe Co stock overvalued right now?
Based on GuruFocus' analysis, Okabe Co (TSE:5959) is currently considered Modestly Overvalued. The stock's GF Value™ is 円832.04, compared to a current price of 円925.00 — trading 11.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Construction industry median of 5.00. Okabe Co's overall GF Score™ is 63/100 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 Okabe Co (TSE:5959), the current Piotroski F-Score is 7 as of Aug. 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 Okabe Co (TSE:5959) Overvalued in 2026?

Based on GuruFocus' analysis, Okabe Co stock appears to be overvalued. The current stock price of 円925.00 is trading 11.2% above its estimated GF Value™ of 円832.04. GuruFocus considers Okabe Co to be Modestly Overvalued.

Key valuation signals for TSE:5959:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円832.04 vs. price of 円925.00 (11.2% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 40% above the Construction median (#187 of 1736)

No single metric tells the full story. See the TSE:5959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okabe Co Business Description

Address 2-8-2, Oshiage, Sumida-ku, Tokyo, JPN
Okabe Co Ltd is a construction and engineering products manufacturer. The company operates its business through its subsidiaries in three segments Construction-related products, Automotive products, and Other businesses. It develops, manufactures and markets temporary building and formwork products. The company designs and sells automotive bolts and screw nuts in the U.S. The company's marine business involves the development, manufacture, and sale of marine materials.
63GF Score

Get the complete analysis for TSE:5959

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

円925.00
Price
円832.04
GF Value