Placo Co (TSE:6347) Piotroski F-Score: 6 (As of Jul. 12, 2026) — Near Median


TSE:6347 Placo Co Ltd TSE:6347
59 GF Score
Price 円258.00
GF Value 円189.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Placo Co Piotroski F-Score?

Placo Co TSE:6347 +0.78% 59 Piotroski F-Score is 6 as of Jul. 12, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:6347 with a GF Score™ of 59/100 and a GF Value™ of 円189.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,972 Industrial Products companies, Placo Co ranks better than 75.5% 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

Placo Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Placo Co's Piotroski F-Score or its related term are showing as below:

TSE:6347' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 6

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

Placo Co  (TSE:6347) 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.


Placo Co Piotroski F-Score Related Terms


Placo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Placo 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.

Placo Co Piotroski F-Score Chart

Placo 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 5.00 2.00 3.00 5.00 6.00

Placo 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 3.00 0.00 5.00 0.00 6.00

TSE:6347 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Placo 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.


Placo Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6347
59GF Score
Placo Co Ltd TSE:6347
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83 Mil.
Cash Flow from Operations was 円35 Mil.
Revenue was 円2,680 Mil.
Gross Profit was 円837 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3052.731 + 3134.806) / 2 = 円3093.7685 Mil.
Total Assets at the begining of this year (Mar25) was 円3,053 Mil.
Long-Term Debt & Capital Lease Obligation was 円380 Mil.
Total Current Assets was 円2,359 Mil.
Total Current Liabilities was 円1,017 Mil.
Net Income was 円-96 Mil.

Revenue was 円2,228 Mil.
Gross Profit was 円576 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3490.945 + 3052.731) / 2 = 円3271.838 Mil.
Total Assets at the begining of last year (Mar24) was 円3,491 Mil.
Long-Term Debt & Capital Lease Obligation was 円939 Mil.
Total Current Assets was 円2,273 Mil.
Total Current Liabilities was 円466 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.

Placo Co's current Net Income (TTM) was 83. ==> 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.

Placo Co's current Cash Flow from Operations (TTM) was 35. ==> 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)
=82.8/3052.731
=0.02712325

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-95.803/3490.945
=-0.02744329

Placo Co's return on assets of this year was 0.02712325. Placo Co's return on assets of last year was -0.02744329. ==> 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.

Placo Co's current Net Income (TTM) was 83. Placo Co's current Cash Flow from Operations (TTM) was 35. ==> 35 <= 83 ==> 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
=380.492/3093.7685
=0.12298658

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=939.46/3271.838
=0.28713524

Placo Co's gearing of this year was 0.12298658. Placo Co's gearing of last year was 0.28713524. ==> 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
=2359.399/1017.114
=2.31969966

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2272.702/466.213
=4.87481473

Placo Co's current ratio of this year was 2.31969966. Placo Co's current ratio of last year was 4.87481473. ==> 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.

Placo Co's number of shares in issue this year was 9.491. Placo Co's number of shares in issue last year was 8.949. ==> 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
=836.857/2679.928
=0.31226846

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=575.611/2227.703
=0.25838768

Placo Co's gross margin of this year was 0.31226846. Placo Co's gross margin of last year was 0.25838768. ==> 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)
=2679.928/3052.731
=0.87787886

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2227.703/3490.945
=0.63813752

Placo Co's asset turnover of this year was 0.87787886. Placo Co's asset turnover of last year was 0.63813752. ==> 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+0+0+1+1
=6

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

Placo Co has an F-score of 6 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 6 mean?
Placo Co (TSE:6347) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Placo Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Placo Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Placo Co ranks #728 out of 2972 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Placo Co's Piotroski F-Score too high?
Placo Co's current Piotroski F-Score of 6 is near 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. Placo Co's value of 6 is 20% above this industry median. Based on the distribution chart, Placo Co ranks #728 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Placo Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Placo Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Placo Co ranks #728 out of 2972 companies for Piotroski F-Score. This places Placo Co in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Placo Co's value of 6 is 20% above this benchmark. Historically, Placo 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, Placo 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 2,972 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. Placo Co's current Piotroski F-Score of 6 is 20% 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 Placo 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. Placo Co's current Piotroski F-Score is 6, which is near 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 Placo Co stock overvalued right now?
Based on GuruFocus' analysis, Placo Co (TSE:6347) is currently considered Significantly Overvalued. The stock's GF Value™ is 円189.30, compared to a current price of 円258.00 — trading 36.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. Placo Co's overall GF Score™ is 59/100 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 Placo Co (TSE:6347), the current Piotroski F-Score is 6 as of Jul. 12, 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 Placo Co (TSE:6347) Overvalued in 2026?

Based on GuruFocus' analysis, Placo Co stock appears to be overvalued. The current stock price of 円258.00 is trading 36.3% above its estimated GF Value™ of 円189.30. GuruFocus considers Placo Co to be Significantly Overvalued.

Key valuation signals for TSE:6347:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円189.30 vs. price of 円258.00 (36.3% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 20% above the Industrial Products median (#728 of 2972)

No single metric tells the full story. See the TSE:6347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Placo Co Business Description

Address 550 Sasakubo Shinden, Iwatsuki-ku, Saitama prefecture, Saitama, JPN, 339 8558
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. The company offers products such as blown film forming machine, blow molding machine, recycling machine, inflation molding equipment, and others.
59GF Score

Get the complete analysis for TSE:6347

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

円258.00
Price
円189.30
GF Value