Extreme Co (TSE:6033) Piotroski F-Score: 7 (As of Jun. 30, 2026) — 17% Above Median


TSE:6033 Extreme Co Ltd TSE:6033
96 GF Score
Price 円1,394.00
GF Value 円1,557.16
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Extreme Co Piotroski F-Score?

Extreme Co TSE:6033 +1.83% 96 Piotroski F-Score is 7 as of Jun. 30, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:6033 with a GF Score™ of 96/100 and a GF Value™ of 円1,557.16 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 550 Interactive Media companies, Extreme Co ranks better than 90.18% 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

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

TSE:6033' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Extreme Co was 7. The lowest was 4. And the median was 6.

Extreme Co  (TSE:6033) 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.


Extreme Co Piotroski F-Score Related Terms


Extreme Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Extreme 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.

Extreme Co Piotroski F-Score Chart

Extreme 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 7.00 5.00 7.00 7.00

Extreme 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 7.00

TSE:6033 vs NTES, EA, TTWO: Piotroski F-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Extreme 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.


Extreme Co Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Extreme Co's Piotroski F-Score distribution charts can be found below:

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


TSE:6033
96GF Score
Extreme Co Ltd TSE:6033
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1,178 Mil.
Cash Flow from Operations was 円824 Mil.
Revenue was 円11,796 Mil.
Gross Profit was 円3,581 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (8580.111 + 9441.468) / 2 = 円9010.7895 Mil.
Total Assets at the begining of this year (Mar25) was 円8,580 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円6,260 Mil.
Total Current Liabilities was 円2,192 Mil.
Net Income was 円1,130 Mil.

Revenue was 円11,336 Mil.
Gross Profit was 円3,536 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (8487.53 + 8580.111) / 2 = 円8533.8205 Mil.
Total Assets at the begining of last year (Mar24) was 円8,488 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円6,393 Mil.
Total Current Liabilities was 円2,358 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.

Extreme Co's current Net Income (TTM) was 1,178. ==> 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.

Extreme Co's current Cash Flow from Operations (TTM) was 824. ==> 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)
=1177.844/8580.111
=0.13727608

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1130.351/8487.53
=0.13317785

Extreme Co's return on assets of this year was 0.13727608. Extreme Co's return on assets of last year was 0.13317785. ==> 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.

Extreme Co's current Net Income (TTM) was 1,178. Extreme Co's current Cash Flow from Operations (TTM) was 824. ==> 824 <= 1,178 ==> 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
=0/9010.7895
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/8533.8205
=0

Extreme Co's gearing of this year was 0. Extreme 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
=6260.148/2191.876
=2.8560685

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6392.698/2358.405
=2.71060229

Extreme Co's current ratio of this year was 2.8560685. Extreme Co's current ratio of last year was 2.71060229. ==> 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.

Extreme Co's number of shares in issue this year was 5.358. Extreme Co's number of shares in issue last year was 5.415. ==> 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
=3581.421/11796.11
=0.30361034

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3536.438/11336.259
=0.31195812

Extreme Co's gross margin of this year was 0.30361034. Extreme Co's gross margin of last year was 0.31195812. ==> 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 (Mar25)
=11796.11/8580.111
=1.37482021

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=11336.259/8487.53
=1.33563699

Extreme Co's asset turnover of this year was 1.37482021. Extreme Co's asset turnover of last year was 1.33563699. ==> 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

Extreme 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?
Extreme Co (TSE:6033) has a Piotroski F-Score of 7 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Extreme Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Extreme Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Extreme Co ranks #54 out of 550 companies in the Interactive Media industry, placing it in the top 9.8%.
Is Extreme Co's Piotroski F-Score too high?
Extreme Co's current Piotroski F-Score of 7 is 17% 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 7.00. The Interactive Media industry median Piotroski F-Score is 5.00. Extreme Co's value of 7 is 40% above this industry median. Based on the distribution chart, Extreme Co ranks #54 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Extreme Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Extreme Co's Piotroski F-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Extreme Co ranks #54 out of 550 companies for Piotroski F-Score. This places Extreme Co in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Extreme Co's value of 7 is 40% above this benchmark. Historically, Extreme Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Extreme 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 Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 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. Extreme 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 Extreme Co and its competitors. For the Interactive Media 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. Extreme Co's current Piotroski F-Score is 7, which is 17% 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 Extreme Co stock overvalued right now?
Based on GuruFocus' analysis, Extreme Co (TSE:6033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,557.16, compared to a current price of 円1,394.00 — trading 10.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Interactive Media industry median of 5.00. Extreme Co's overall GF Score™ is 96/100 with 1 warning sign 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 Extreme Co (TSE:6033), the current Piotroski F-Score is 7 as of Jun. 30, 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 Extreme Co (TSE:6033) Overvalued in 2026?

Based on GuruFocus' analysis, Extreme Co stock appears to be undervalued. The current stock price of 円1,394.00 is trading 10.5% below its estimated GF Value™ of 円1,557.16. GuruFocus considers Extreme Co to be Modestly Undervalued.

Key valuation signals for TSE:6033:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円1,557.16 vs. price of 円1,394.00 (10.5% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 40% above the Interactive Media median (#54 of 550)

No single metric tells the full story. See the TSE:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Extreme Co Business Description

Address 1-11-1 Nishi-Ikebukuro, 15th & 21st Floor, Metropolitan Plaza Building, Toshima-ku, Tokyo, JPN, 171-0021
Extreme Co Ltd is engaged in the technology services business, providing solutions that support corporate IT operations and development. The group has three reportable segments: Digital Human Resources Business, Contract Development Business, and Content Property Business. The Digital Human Resources segment is involved in dispatching IT professionals and providing technical support through staffing contracts. The Contract Development segment focuses on commissioned services such as smartphone app development, CRM (Customer Relationship Management) system implementation, and cloud platform construction. The Content Property segment is engaged in licensing and content-related services. It generates the majority of its revenue from the Digital Human Resources Business.
96GF Score

Get the complete analysis for TSE:6033

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

円1,394.00
Price
円1,557.16
GF Value