Shima Seiki Mfg (TSE:6222) Piotroski F-Score: 7 (As of Jul. 16, 2026) — 40% Above Median

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TSE:6222 Shima Seiki Mfg Ltd TSE:6222
67 GF Score
Price 円904.00
GF Value 円1,215.44
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shima Seiki Mfg Piotroski F-Score?

Shima Seiki Mfg TSE:6222 -2.90% 67 Piotroski F-Score is 7 as of Jul. 16, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:6222 with a GF Score™ of 67/100 and a GF Value™ of 円1,215.44 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,970 Industrial Products companies, Shima Seiki Mfg ranks better than 90.71% 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

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

TSE:6222' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Shima Seiki Mfg was 7. The lowest was 3. And the median was 5.

Shima Seiki Mfg  (TSE:6222) 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.


Shima Seiki Mfg Piotroski F-Score Related Terms


Shima Seiki Mfg Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shima Seiki Mfg'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.

Shima Seiki Mfg Piotroski F-Score Chart

Shima Seiki Mfg 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 4.00 4.00 3.00 7.00

Shima Seiki Mfg 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 3.00 0.00 0.00 0.00 7.00

TSE:6222 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Shima Seiki Mfg'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.


Shima Seiki Mfg Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6222
67GF Score
Shima Seiki Mfg Ltd TSE:6222
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856 Mil.
Cash Flow from Operations was 円408 Mil.
Revenue was 円33,509 Mil.
Gross Profit was 円11,897 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (99405 + 109531) / 2 = 円104468 Mil.
Total Assets at the begining of this year (Mar25) was 円99,405 Mil.
Long-Term Debt & Capital Lease Obligation was 円7,172 Mil.
Total Current Assets was 円82,842 Mil.
Total Current Liabilities was 円16,535 Mil.
Net Income was 円-14,275 Mil.

Revenue was 円32,520 Mil.
Gross Profit was 円8,633 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (107804 + 99405) / 2 = 円103604.5 Mil.
Total Assets at the begining of last year (Mar24) was 円107,804 Mil.
Long-Term Debt & Capital Lease Obligation was 円670 Mil.
Total Current Assets was 円74,205 Mil.
Total Current Liabilities was 円17,632 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.

Shima Seiki Mfg's current Net Income (TTM) was 856. ==> 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.

Shima Seiki Mfg's current Cash Flow from Operations (TTM) was 408. ==> 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)
=856/99405
=0.00861124

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-14275/107804
=-0.13241624

Shima Seiki Mfg's return on assets of this year was 0.00861124. Shima Seiki Mfg's return on assets of last year was -0.13241624. ==> 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.

Shima Seiki Mfg's current Net Income (TTM) was 856. Shima Seiki Mfg's current Cash Flow from Operations (TTM) was 408. ==> 408 <= 856 ==> 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
=7172/104468
=0.0686526

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=670/103604.5
=0.0064669

Shima Seiki Mfg's gearing of this year was 0.0686526. Shima Seiki Mfg's gearing of last year was 0.0064669. ==> 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
=82842/16535
=5.01009979

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=74205/17632
=4.20854129

Shima Seiki Mfg's current ratio of this year was 5.01009979. Shima Seiki Mfg's current ratio of last year was 4.20854129. ==> 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.

Shima Seiki Mfg's number of shares in issue this year was 33.953. Shima Seiki Mfg's number of shares in issue last year was 34.517. ==> 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
=11897/33509
=0.35503894

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8633/32520
=0.2654674

Shima Seiki Mfg's gross margin of this year was 0.35503894. Shima Seiki Mfg's gross margin of last year was 0.2654674. ==> 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)
=33509/99405
=0.33709572

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=32520/107804
=0.30165857

Shima Seiki Mfg's asset turnover of this year was 0.33709572. Shima Seiki Mfg's asset turnover of last year was 0.30165857. ==> 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+0+1+1+1+1
=7

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

Shima Seiki Mfg 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?
Shima Seiki Mfg (TSE:6222) has a Piotroski F-Score of 7 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shima Seiki Mfg and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Shima Seiki Mfg's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Shima Seiki Mfg ranks #276 out of 2970 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Shima Seiki Mfg's Piotroski F-Score too high?
Shima Seiki Mfg's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Shima Seiki Mfg's value of 7 is 40% above this industry median. Based on the distribution chart, Shima Seiki Mfg ranks #276 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shima Seiki Mfg has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shima Seiki Mfg's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shima Seiki Mfg ranks #276 out of 2970 companies for Piotroski F-Score. This places Shima Seiki Mfg in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Shima Seiki Mfg's value of 7 is 40% above this benchmark. Historically, Shima Seiki Mfg's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Shima Seiki Mfg 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 2,970 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. Shima Seiki Mfg'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 Shima Seiki Mfg 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. Shima Seiki Mfg's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shima Seiki Mfg stock overvalued right now?
Based on GuruFocus' analysis, Shima Seiki Mfg (TSE:6222) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,215.44, compared to a current price of 円904.00 — trading 25.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Industrial Products industry median of 5.00. Shima Seiki Mfg's overall GF Score™ is 67/100 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 Shima Seiki Mfg (TSE:6222), the current Piotroski F-Score is 7 as of Jul. 16, 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 Shima Seiki Mfg (TSE:6222) Overvalued in 2026?

Based on GuruFocus' analysis, Shima Seiki Mfg stock appears to be undervalued. The current stock price of 円904.00 is trading 25.6% below its estimated GF Value™ of 円1,215.44. GuruFocus considers Shima Seiki Mfg to be Modestly Undervalued.

Key valuation signals for TSE:6222:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円1,215.44 vs. price of 円904.00 (25.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 40% above the Industrial Products median (#276 of 2970)

No single metric tells the full story. See the TSE:6222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shima Seiki Mfg Business Description

Address 85 Sakata, Wakayama, JPN, 641-8511
Shima Seiki Mfg Ltd is a Japan-based company that is engaged in developing, manufacturing, selling, and servicing computerized flat knitting machines, design systems, automatic fabric-cutting machines, and glove- and sock-knitting machines. The company's products are applied in apparel, knitting, weaving, printing, circular knitting, interior furnishings, automotive, aerospace, and other industrial materials. Flat knitting machines account for the majority of the company's sales. Shima Seiki generates most of its sales from Asia and Europe.
67GF Score

Get the complete analysis for TSE:6222

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

円904.00
Price
円1,215.44
GF Value