Waida Mfg Co (TSE:6158) Piotroski F-Score: 5 (As of Jul. 14, 2026) — 17% Below Median

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TSE:6158 Waida Mfg Co Ltd TSE:6158
78 GF Score
Price 円1,000.00
GF Value 円843.54
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Waida Mfg Co Piotroski F-Score?

Waida Mfg Co TSE:6158 -0.10% 78 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:6158 with a GF Score™ of 78/100 and a GF Value™ of 円843.54 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,971 Industrial Products companies, Waida Mfg Co ranks better than 56.48% 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

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

TSE:6158' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Waida Mfg Co was 8. The lowest was 2. And the median was 6.

Waida Mfg Co  (TSE:6158) 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.


Waida Mfg Co Piotroski F-Score Related Terms


Waida Mfg Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Waida Mfg 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.

Waida Mfg Co Piotroski F-Score Chart

Waida Mfg 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 7.00 5.00 6.00 5.00 5.00

Waida Mfg 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 6.00 0.00 5.00 0.00 5.00

TSE:6158 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Waida Mfg 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.


Waida Mfg Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6158
78GF Score
Waida Mfg Co Ltd TSE:6158
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276 Mil.
Cash Flow from Operations was 円743 Mil.
Revenue was 円6,659 Mil.
Gross Profit was 円2,501 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (12602.755 + 12535.598) / 2 = 円12569.1765 Mil.
Total Assets at the begining of this year (Mar25) was 円12,603 Mil.
Long-Term Debt & Capital Lease Obligation was 円284 Mil.
Total Current Assets was 円8,557 Mil.
Total Current Liabilities was 円1,257 Mil.
Net Income was 円435 Mil.

Revenue was 円7,554 Mil.
Gross Profit was 円2,969 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (12148.183 + 12602.755) / 2 = 円12375.469 Mil.
Total Assets at the begining of last year (Mar24) was 円12,148 Mil.
Long-Term Debt & Capital Lease Obligation was 円451 Mil.
Total Current Assets was 円8,795 Mil.
Total Current Liabilities was 円1,479 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.

Waida Mfg Co's current Net Income (TTM) was 276. ==> 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.

Waida Mfg Co's current Cash Flow from Operations (TTM) was 743. ==> 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)
=275.913/12602.755
=0.02189307

ROA (Last Year)=Net Income/Total Assets (Mar24)
=435.087/12148.183
=0.03581499

Waida Mfg Co's return on assets of this year was 0.02189307. Waida Mfg Co's return on assets of last year was 0.03581499. ==> Last year is higher ==> Score 0.

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.

Waida Mfg Co's current Net Income (TTM) was 276. Waida Mfg Co's current Cash Flow from Operations (TTM) was 743. ==> 743 > 276 ==> 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
=283.741/12569.1765
=0.02257435

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=450.967/12375.469
=0.0364404

Waida Mfg Co's gearing of this year was 0.02257435. Waida Mfg Co's gearing of last year was 0.0364404. ==> 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
=8556.502/1257.239
=6.80578792

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8794.513/1478.558
=5.94803383

Waida Mfg Co's current ratio of this year was 6.80578792. Waida Mfg Co's current ratio of last year was 5.94803383. ==> 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.

Waida Mfg Co's number of shares in issue this year was 6.522. Waida Mfg Co's number of shares in issue last year was 6.505. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2501.334/6659.19
=0.37562136

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2968.995/7554.307
=0.39302017

Waida Mfg Co's gross margin of this year was 0.37562136. Waida Mfg Co's gross margin of last year was 0.39302017. ==> 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)
=6659.19/12602.755
=0.52839161

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=7554.307/12148.183
=0.62184666

Waida Mfg Co's asset turnover of this year was 0.52839161. Waida Mfg Co's asset turnover of last year was 0.62184666. ==> 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+0+1+1+1+0+0+0
=5

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

Waida Mfg Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Waida Mfg Co (TSE:6158) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Waida Mfg Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Waida Mfg Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Waida Mfg Co ranks #1293 out of 2971 companies in the Industrial Products industry, placing it in the top 43.5%.
Is Waida Mfg Co's Piotroski F-Score too high?
Waida Mfg 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 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Waida Mfg Co's value of 5 is 0% at this industry median. Based on the distribution chart, Waida Mfg Co ranks #1293 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Waida Mfg Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waida Mfg Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Waida Mfg Co ranks #1293 out of 2971 companies for Piotroski F-Score. This puts Waida Mfg Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Waida Mfg Co's value of 5 is 0% at this benchmark. Historically, Waida Mfg Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Waida Mfg 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 2,971 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. Waida Mfg 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 Waida Mfg 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. Waida Mfg 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 Waida Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Waida Mfg Co (TSE:6158) is currently considered Modestly Overvalued. The stock's GF Value™ is 円843.54, compared to a current price of 円1,000.00 — trading 18.5% above 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. Waida Mfg Co's overall GF Score™ is 78/100 with 8 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 Waida Mfg Co (TSE:6158), the current Piotroski F-Score is 5 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 Waida Mfg Co (TSE:6158) Overvalued in 2026?

Based on GuruFocus' analysis, Waida Mfg Co stock appears to be overvalued. The current stock price of 円1,000.00 is trading 18.5% above its estimated GF Value™ of 円843.54. GuruFocus considers Waida Mfg Co to be Modestly Overvalued.

Key valuation signals for TSE:6158:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円843.54 vs. price of 円1,000.00 (18.5% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 0% at the Industrial Products median (#1293 of 2971)

No single metric tells the full story. See the TSE:6158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waida Mfg Co Business Description

Address 2121 Katano-machi, Gifu Prefecture, Takayama, JPN, 506-0824
Waida Mfg Co Ltd is engaged in the manufacture and sales of various machine tools, industrial machinery, measuring equipment, control equipment, and the processing and sales of mold parts, mechanical and general parts.
78GF Score

Get the complete analysis for TSE:6158

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

円1,000.00
Price
円843.54
GF Value