Takuma Co (TSE:6013) Piotroski F-Score: 8 (As of Jul. 25, 2026) — 33% Above Median

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TSE:6013 Takuma Co Ltd TSE:6013
84 GF Score
Price 円3,455.00
GF Value 円2,258.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Takuma Co Piotroski F-Score?

Takuma Co TSE:6013 +1.62% 84 Piotroski F-Score is 8 as of Jul. 25, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:6013 with a GF Score™ of 84/100 and a GF Value™ of 円2,258.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Takuma Co ranks better than 97.84% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Takuma Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:6013' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Takuma Co was 9. The lowest was 4. And the median was 6.

Takuma Co  (TSE:6013) 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.


Takuma Co Piotroski F-Score Related Terms


Takuma Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Takuma 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.

Takuma Co Piotroski F-Score Chart

Takuma 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 6.00 9.00 5.00 5.00 8.00

Takuma Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 8.00

TSE:6013 vs VLTO, ZWS, CECO: Piotroski F-Score Comparison

For the Pollution & Treatment Controls subindustry, Takuma 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.


Takuma Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6013
84GF Score
Takuma Co Ltd TSE:6013
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13,732 Mil.
Cash Flow from Operations was 円24,655 Mil.
Revenue was 円165,620 Mil.
Gross Profit was 円39,266 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (190919 + 190475) / 2 = 円190697 Mil.
Total Assets at the begining of this year (Mar25) was 円190,919 Mil.
Long-Term Debt & Capital Lease Obligation was 円76 Mil.
Total Current Assets was 円132,899 Mil.
Total Current Liabilities was 円64,674 Mil.
Net Income was 円10,391 Mil.

Revenue was 円151,161 Mil.
Gross Profit was 円33,693 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (191180 + 190919) / 2 = 円191049.5 Mil.
Total Assets at the begining of last year (Mar24) was 円191,180 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円136,309 Mil.
Total Current Liabilities was 円69,515 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.

Takuma Co's current Net Income (TTM) was 13,732. ==> 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.

Takuma Co's current Cash Flow from Operations (TTM) was 24,655. ==> 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)
=13732/190919
=0.07192579

ROA (Last Year)=Net Income/Total Assets (Mar24)
=10391/191180
=0.05435192

Takuma Co's return on assets of this year was 0.07192579. Takuma Co's return on assets of last year was 0.05435192. ==> 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.

Takuma Co's current Net Income (TTM) was 13,732. Takuma Co's current Cash Flow from Operations (TTM) was 24,655. ==> 24,655 > 13,732 ==> CFROA > ROA ==> Score 1.

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
=76/190697
=0.00039854

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/191049.5
=0

Takuma Co's gearing of this year was 0.00039854. Takuma Co's gearing of last year was 0. ==> 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
=132899/64674
=2.05490614

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=136309/69515
=1.96085737

Takuma Co's current ratio of this year was 2.05490614. Takuma Co's current ratio of last year was 1.96085737. ==> 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.

Takuma Co's number of shares in issue this year was 74.211. Takuma Co's number of shares in issue last year was 78.583. ==> 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
=39266/165620
=0.23708489

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=33693/151161
=0.22289479

Takuma Co's gross margin of this year was 0.23708489. Takuma Co's gross margin of last year was 0.22289479. ==> 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)
=165620/190919
=0.86748831

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=151161/191180
=0.79067371

Takuma Co's asset turnover of this year was 0.86748831. Takuma Co's asset turnover of last year was 0.79067371. ==> 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+1+0+1+1+1+1
=8

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

Takuma Co has an F-score of 8. 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 8 mean?
Takuma Co (TSE:6013) has a Piotroski F-Score of 8 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Takuma Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Takuma Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Takuma Co ranks #64 out of 2969 companies in the Industrial Products industry, placing it in the top 2.2%.
Is Takuma Co's Piotroski F-Score too high?
Takuma Co's current Piotroski F-Score of 8 is 33% above 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 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Takuma Co's value of 8 is 60% above this industry median. Based on the distribution chart, Takuma Co ranks #64 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Takuma Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takuma Co's Piotroski F-Score compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Takuma Co ranks #64 out of 2969 companies for Piotroski F-Score. This places Takuma Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Takuma Co's value of 8 is 60% above this benchmark. Historically, Takuma Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Takuma 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,969 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. Takuma Co's current Piotroski F-Score of 8 is 60% 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 Takuma 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. Takuma Co's current Piotroski F-Score is 8, which is 33% above 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 Takuma Co stock overvalued right now?
Based on GuruFocus' analysis, Takuma Co (TSE:6013) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,258.90, compared to a current price of 円3,455.00 — trading 53% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Industrial Products industry median of 5.00. Takuma Co's overall GF Score™ is 84/100 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 Takuma Co (TSE:6013), the current Piotroski F-Score is 8 as of Jul. 25, 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 Takuma Co (TSE:6013) Overvalued in 2026?

Based on GuruFocus' analysis, Takuma Co stock appears to be overvalued. The current stock price of 円3,455.00 is trading 53% above its estimated GF Value™ of 円2,258.90. GuruFocus considers Takuma Co to be Significantly Overvalued.

Key valuation signals for TSE:6013:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円2,258.90 vs. price of 円3,455.00 (53% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 60% above the Industrial Products median (#64 of 2969)

No single metric tells the full story. See the TSE:6013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takuma Co Business Description

Address 2-2-33 Kinraku-cho, Amagasaki, Hyogo, JPN, 660-0806
Takuma Co Ltd develops a variety of technologies for waste and water treatment. It designs and constructs boilers, plant machinery, pollution-prevention plans, heating and cooling equipment, and sanitation equipment and facilities. Incinerators and recycling centers help sort, treat, and disperse resources in an efficient manner. The majority of customers are in Japan. The company works to provide solid waste treatment plants partnered with a selection of after-sales services and products. Takuma has four operating segments: domestic environment and energy, overseas environment and energy, package boiler, and equipment and system business. Cleaning systems, filters, and other equipment produce comfortable working conditions for customers.
84GF Score

Get the complete analysis for TSE:6013

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

円3,455.00
Price
円2,258.90
GF Value