Tsubakimoto Chain Co (TSE:6371) Piotroski F-Score: 7 (As of Jul. 22, 2026) — 40% Above Median

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TSE:6371 Tsubakimoto Chain Co TSE:6371
86 GF Score
Price 円2,613.00
GF Value 円2,167.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tsubakimoto Chain Co Piotroski F-Score?

Tsubakimoto Chain Co TSE:6371 +0.50% 86 Piotroski F-Score is 7 as of Jul. 22, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:6371 with a GF Score™ of 86/100 and a GF Value™ of 円2,167.13 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,968 Industrial Products companies, Tsubakimoto Chain Co ranks better than 90.67% 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

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

TSE:6371' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Tsubakimoto Chain Co was 7. The lowest was 2. And the median was 5.

Tsubakimoto Chain Co  (TSE:6371) 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.


Tsubakimoto Chain Co Piotroski F-Score Related Terms


Tsubakimoto Chain Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tsubakimoto Chain 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.

Tsubakimoto Chain Co Piotroski F-Score Chart

Tsubakimoto Chain 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 6.00 4.00 6.00 7.00 7.00

Tsubakimoto Chain Co 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 7.00 7.00 9.00 8.00 7.00

TSE:6371 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Tsubakimoto Chain 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.


Tsubakimoto Chain Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6371
86GF Score
Tsubakimoto Chain Co TSE:6371
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 4496 + 5425 + 5851 + 13936 = 円29,708 Mil.
Cash Flow from Operations was 8510 + 5181 + 6367 + 11833 = 円31,891 Mil.
Revenue was 65317 + 70317 + 73767 + 86477 = 円295,878 Mil.
Gross Profit was 19276 + 20804 + 22275 + 24930 = 円87,285 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(371510 + 360304 + 368045 + 382005 + 459784) / 5 = 円388329.6 Mil.
Total Assets at the begining of this year (Mar25) was 円371,510 Mil.
Long-Term Debt & Capital Lease Obligation was 円36,711 Mil.
Total Current Assets was 円246,920 Mil.
Total Current Liabilities was 円83,512 Mil.
Net Income was 6383 + 3631 + 4938 + 7170 = 円22,122 Mil.

Revenue was 66455 + 69905 + 70250 + 72583 = 円279,193 Mil.
Gross Profit was 19205 + 19865 + 20847 + 22265 = 円82,182 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(391298 + 392070 + 369002 + 375649 + 371510) / 5 = 円379905.8 Mil.
Total Assets at the begining of last year (Mar24) was 円391,298 Mil.
Long-Term Debt & Capital Lease Obligation was 円15,640 Mil.
Total Current Assets was 円193,313 Mil.
Total Current Liabilities was 円62,505 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.

Tsubakimoto Chain Co's current Net Income (TTM) was 29,708. ==> 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.

Tsubakimoto Chain Co's current Cash Flow from Operations (TTM) was 31,891. ==> 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)
=29708/371510
=0.07996555

ROA (Last Year)=Net Income/Total Assets (Mar24)
=22122/391298
=0.05653492

Tsubakimoto Chain Co's return on assets of this year was 0.07996555. Tsubakimoto Chain Co's return on assets of last year was 0.05653492. ==> 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.

Tsubakimoto Chain Co's current Net Income (TTM) was 29,708. Tsubakimoto Chain Co's current Cash Flow from Operations (TTM) was 31,891. ==> 31,891 > 29,708 ==> 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
=36711/388329.6
=0.09453567

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=15640/379905.8
=0.0411681

Tsubakimoto Chain Co's gearing of this year was 0.09453567. Tsubakimoto Chain Co's gearing of last year was 0.0411681. ==> 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
=246920/83512
=2.95670083

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=193313/62505
=3.09276058

Tsubakimoto Chain Co's current ratio of this year was 2.95670083. Tsubakimoto Chain Co's current ratio of last year was 3.09276058. ==> 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.

Tsubakimoto Chain Co's number of shares in issue this year was 100.433. Tsubakimoto Chain Co's number of shares in issue last year was 104.031. ==> 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
=87285/295878
=0.29500335

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=82182/279193
=0.29435552

Tsubakimoto Chain Co's gross margin of this year was 0.29500335. Tsubakimoto Chain Co's gross margin of last year was 0.29435552. ==> 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)
=295878/371510
=0.79642002

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=279193/391298
=0.7135048

Tsubakimoto Chain Co's asset turnover of this year was 0.79642002. Tsubakimoto Chain Co's asset turnover of last year was 0.7135048. ==> 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+0+0+1+1+1
=7

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

Tsubakimoto Chain Co 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?
Tsubakimoto Chain Co (TSE:6371) has a Piotroski F-Score of 7 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tsubakimoto Chain Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Tsubakimoto Chain Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Tsubakimoto Chain Co ranks #277 out of 2968 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Tsubakimoto Chain Co's Piotroski F-Score too high?
Tsubakimoto Chain Co'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 2.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Tsubakimoto Chain Co's value of 7 is 40% above this industry median. Based on the distribution chart, Tsubakimoto Chain Co ranks #277 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tsubakimoto Chain Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsubakimoto Chain Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tsubakimoto Chain Co ranks #277 out of 2968 companies for Piotroski F-Score. This places Tsubakimoto Chain Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Tsubakimoto Chain Co's value of 7 is 40% above this benchmark. Historically, Tsubakimoto Chain Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Tsubakimoto Chain 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 2,968 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. Tsubakimoto Chain Co'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 Tsubakimoto Chain 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. Tsubakimoto Chain Co'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 Tsubakimoto Chain Co stock overvalued right now?
Based on GuruFocus' analysis, Tsubakimoto Chain Co (TSE:6371) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,167.13, compared to a current price of 円2,613.00 — trading 20.6% above 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. Tsubakimoto Chain Co's overall GF Score™ is 86/100 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 Tsubakimoto Chain Co (TSE:6371), the current Piotroski F-Score is 7 as of Jul. 22, 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 Tsubakimoto Chain Co (TSE:6371) Overvalued in 2026?

Based on GuruFocus' analysis, Tsubakimoto Chain Co stock appears to be overvalued. The current stock price of 円2,613.00 is trading 20.6% above its estimated GF Value™ of 円2,167.13. GuruFocus considers Tsubakimoto Chain Co to be Modestly Overvalued.

Key valuation signals for TSE:6371:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円2,167.13 vs. price of 円2,613.00 (20.6% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 40% above the Industrial Products median (#277 of 2968)

No single metric tells the full story. See the TSE:6371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsubakimoto Chain Co Business Description

Other Exchanges TSB:Germany
Address Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.
86GF Score

Get the complete analysis for TSE:6371

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

円2,613.00
Price
円2,167.13
GF Value