Nitto Kohki CoTSE:6151 +0.70%69 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:6151 with a GF Score™ of 69/100 and a GF Value™ of 円2,014.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, Nitto Kohki Co ranks better than 56.63% 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
Nitto Kohki Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Nitto Kohki Co's Piotroski F-Score or its related term are showing as below:
TSE:6151'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Nitto Kohki Co was 8. The lowest was 5. And the median was 6.
Nitto Kohki Co (TSE:6151) 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.
Nitto Kohki Co Piotroski F-Score Related Terms
Nitto Kohki Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nitto Kohki 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:6151 vs GEV, ETN, PH: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.
Nitto Kohki Co Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitto Kohki Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nitto Kohki 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.
Nitto Kohki Co's current Net Income (TTM) was 2,144.
==> 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.
Nitto Kohki Co's return on assets of this year was 0.03218978. Nitto Kohki Co's return on assets of last year was 0.02067132.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nitto Kohki Co's gearing of this year was 0.01865829. Nitto Kohki Co's gearing of last year was 0.01983732.
==> 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
Nitto Kohki Co's current ratio of this year was 8.49443638. Nitto Kohki Co's current ratio of last year was 9.26856732.
==> 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.
Nitto Kohki Co's number of shares in issue this year was 18.721. Nitto Kohki Co's number of shares in issue last year was 18.716.
==> 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.
Nitto Kohki Co's gross margin of this year was 0.41980285. Nitto Kohki Co's gross margin of last year was 0.44547989.
==> 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
Nitto Kohki Co's asset turnover of this year was 0.40971399. Nitto Kohki Co's asset turnover of last year was 0.41889773.
==> Last year's asset turnover is higher ==> Score 0.
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
+
0
+
0
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nitto Kohki Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Nitto Kohki Co (TSE:6151) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nitto Kohki Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Nitto Kohki Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Nitto Kohki Co ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Nitto Kohki Co's Piotroski F-Score too high?
Nitto Kohki Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Nitto Kohki Co's value of 5 is 0% at this industry median. Based on the distribution chart, Nitto Kohki Co ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kohki Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kohki Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitto Kohki Co ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Nitto Kohki Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nitto Kohki Co's value of 5 is 0% at this benchmark. Historically, Nitto Kohki Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Nitto Kohki Co has consistently been at 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 2,979 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. Nitto Kohki Co's current Piotroski F-Score of 5 is 0% at 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 Nitto Kohki 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. Nitto Kohki Co's current Piotroski F-Score is 5, which is 17% below 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 Nitto Kohki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kohki Co (TSE:6151) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,014.32, compared to a current price of 円1,729.00 — trading 14.2% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Industrial Products industry median of 5.00. Nitto Kohki Co's overall GF Score™ is 69/100 with 5 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 Nitto Kohki Co (TSE:6151), the current Piotroski F-Score is 5 as of Jun. 27, 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 Nitto Kohki Co (TSE:6151) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kohki Co stock appears to be undervalued.
The current stock price of 円1,729.00 is trading 14.2% below its estimated GF Value™ of 円2,014.32.
GuruFocus considers Nitto Kohki Co to be Modestly Undervalued.
Key valuation signals for TSE:6151:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: 円2,014.32 vs. price of 円1,729.00 (14.2% below fair value)
Industry Position: 0% at the Industrial Products median (#1292 of 2979)
No single metric tells the full story. See the TSE:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.
69GF Score
Get the complete analysis for TSE:6151
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6151 has been successfully added to your 
