DIJET Industrial Co (TSE:6138) Piotroski F-Score: 8 (As of Jul. 14, 2026) — 14% Above Median

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TSE:6138 DIJET Industrial Co Ltd TSE:6138
64 GF Score
Price 円1,168.00
GF Value 円932.76
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is DIJET Industrial Co Piotroski F-Score?

DIJET Industrial Co TSE:6138 +2.82% 64 Piotroski F-Score is 8 as of Jul. 14, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates TSE:6138 with a GF Score™ of 64/100 and a GF Value™ of 円932.76 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,971 Industrial Products companies, DIJET Industrial Co ranks better than 97.91% 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

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

TSE:6138' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of DIJET Industrial Co was 9. The lowest was 4. And the median was 7.

DIJET Industrial Co  (TSE:6138) 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.


DIJET Industrial Co Piotroski F-Score Related Terms


DIJET Industrial Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DIJET Industrial 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.

DIJET Industrial Co Piotroski F-Score Chart

DIJET Industrial 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 8.00 9.00 4.00 9.00 8.00

DIJET Industrial 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 4.00 0.00 9.00 0.00 8.00

TSE:6138 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, DIJET Industrial 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.


DIJET Industrial Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6138
64GF Score
DIJET Industrial Co Ltd TSE:6138
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784 Mil.
Cash Flow from Operations was 円1,098 Mil.
Revenue was 円9,292 Mil.
Gross Profit was 円3,521 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (15955.315 + 17283.99) / 2 = 円16619.6525 Mil.
Total Assets at the begining of this year (Mar25) was 円15,955 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,484 Mil.
Total Current Assets was 円9,042 Mil.
Total Current Liabilities was 円3,825 Mil.
Net Income was 円205 Mil.

Revenue was 円8,793 Mil.
Gross Profit was 円3,011 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (16467.402 + 15955.315) / 2 = 円16211.3585 Mil.
Total Assets at the begining of last year (Mar24) was 円16,467 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,790 Mil.
Total Current Assets was 円8,394 Mil.
Total Current Liabilities was 円3,514 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.

DIJET Industrial Co's current Net Income (TTM) was 784. ==> 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.

DIJET Industrial Co's current Cash Flow from Operations (TTM) was 1,098. ==> 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)
=783.816/15955.315
=0.0491257

ROA (Last Year)=Net Income/Total Assets (Mar24)
=205.422/16467.402
=0.01247446

DIJET Industrial Co's return on assets of this year was 0.0491257. DIJET Industrial Co's return on assets of last year was 0.01247446. ==> 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.

DIJET Industrial Co's current Net Income (TTM) was 784. DIJET Industrial Co's current Cash Flow from Operations (TTM) was 1,098. ==> 1,098 > 784 ==> 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
=3484.212/16619.6525
=0.20964409

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3790.425/16211.3585
=0.23381292

DIJET Industrial Co's gearing of this year was 0.20964409. DIJET Industrial Co's gearing of last year was 0.23381292. ==> 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
=9041.513/3825.108
=2.36372751

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8394.425/3513.817
=2.38897615

DIJET Industrial Co's current ratio of this year was 2.36372751. DIJET Industrial Co's current ratio of last year was 2.38897615. ==> 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.

DIJET Industrial Co's number of shares in issue this year was 2.971. DIJET Industrial Co's number of shares in issue last year was 2.972. ==> 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
=3521.256/9292.071
=0.37895277

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3010.524/8793.113
=0.34237295

DIJET Industrial Co's gross margin of this year was 0.37895277. DIJET Industrial Co's gross margin of last year was 0.34237295. ==> 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)
=9292.071/15955.315
=0.58238092

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=8793.113/16467.402
=0.53397087

DIJET Industrial Co's asset turnover of this year was 0.58238092. DIJET Industrial Co's asset turnover of last year was 0.53397087. ==> 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+1+0+1+1+1
=8

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

DIJET Industrial 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?
DIJET Industrial Co (TSE:6138) has a Piotroski F-Score of 8 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DIJET Industrial Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, DIJET Industrial Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, DIJET Industrial Co ranks #62 out of 2971 companies in the Industrial Products industry, placing it in the top 2.1%.
Is DIJET Industrial Co's Piotroski F-Score too high?
DIJET Industrial Co's current Piotroski F-Score of 8 is 14% above 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 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. DIJET Industrial Co's value of 8 is 60% above this industry median. Based on the distribution chart, DIJET Industrial Co ranks #62 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, DIJET Industrial Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DIJET Industrial Co's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, DIJET Industrial Co ranks #62 out of 2971 companies for Piotroski F-Score. This places DIJET Industrial Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. DIJET Industrial Co's value of 8 is 60% above this benchmark. Historically, DIJET Industrial 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 7.00 vs. the industry median of 5.00, DIJET Industrial 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 2,971 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. DIJET Industrial 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 DIJET Industrial 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. DIJET Industrial Co's current Piotroski F-Score is 8, which is 14% above 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 DIJET Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, DIJET Industrial Co (TSE:6138) is currently considered Modestly Overvalued. The stock's GF Value™ is 円932.76, compared to a current price of 円1,168.00 — trading 25.2% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Industrial Products industry median of 5.00. DIJET Industrial Co's overall GF Score™ is 64/100 with 3 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 DIJET Industrial Co (TSE:6138), the current Piotroski F-Score is 8 as of Jul. 14, 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 DIJET Industrial Co (TSE:6138) Overvalued in 2026?

Based on GuruFocus' analysis, DIJET Industrial Co stock appears to be overvalued. The current stock price of 円1,168.00 is trading 25.2% above its estimated GF Value™ of 円932.76. GuruFocus considers DIJET Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6138:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: 円932.76 vs. price of 円1,168.00 (25.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 60% above the Industrial Products median (#62 of 2971)

No single metric tells the full story. See the TSE:6138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIJET Industrial Co Business Description

Address 2-1-18 Kami-Higashi, Hirano-ku, Osaka, JPN, 547-0002
DIJET Industrial Co Ltd is engaged in the development of cemented carbide technology as a manufacturer of cemented carbide tools.
64GF Score

Get the complete analysis for TSE:6138

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

円1,168.00
Price
円932.76
GF Value