Oriental Chain Mfg Co (TSE:6380) Piotroski F-Score: 6 (As of Jul. 08, 2026) — 14% Below Median


TSE:6380 Oriental Chain Mfg Co Ltd TSE:6380
45 GF Score
Price 円4,530.00
GF Value 円1,675.28
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Oriental Chain Mfg Co Piotroski F-Score?

Oriental Chain Mfg Co TSE:6380 45 Piotroski F-Score is 6 as of Jul. 08, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates TSE:6380 with a GF Score™ of 45/100 and a GF Value™ of 円1,675.28 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,975 Industrial Products companies, Oriental Chain Mfg Co ranks better than 75.53% 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

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

TSE:6380' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Oriental Chain Mfg Co was 8. The lowest was 3. And the median was 7.

Oriental Chain Mfg Co  (TSE:6380) 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.


Oriental Chain Mfg Co Piotroski F-Score Related Terms


Oriental Chain Mfg Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Oriental Chain 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.

Oriental Chain Mfg Co Piotroski F-Score Chart

Oriental Chain 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 8.00 7.00 8.00 3.00 6.00

Oriental Chain 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 8.00 0.00 3.00 0.00 6.00

TSE:6380 vs SNA, RBC, LECO: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Oriental Chain 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.


Oriental Chain Mfg Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6380
45GF Score
Oriental Chain Mfg Co Ltd TSE:6380
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127 Mil.
Cash Flow from Operations was 円339 Mil.
Revenue was 円4,111 Mil.
Gross Profit was 円743 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5130.333 + 4895.597) / 2 = 円5012.965 Mil.
Total Assets at the begining of this year (Mar25) was 円5,130 Mil.
Long-Term Debt & Capital Lease Obligation was 円801 Mil.
Total Current Assets was 円2,633 Mil.
Total Current Liabilities was 円1,545 Mil.
Net Income was 円100 Mil.

Revenue was 円4,056 Mil.
Gross Profit was 円785 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (4666.001 + 5130.333) / 2 = 円4898.167 Mil.
Total Assets at the begining of last year (Mar24) was 円4,666 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,007 Mil.
Total Current Assets was 円2,665 Mil.
Total Current Liabilities was 円1,904 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.

Oriental Chain Mfg Co's current Net Income (TTM) was 127. ==> 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.

Oriental Chain Mfg Co's current Cash Flow from Operations (TTM) was 339. ==> 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)
=126.695/5130.333
=0.02469528

ROA (Last Year)=Net Income/Total Assets (Mar24)
=100.333/4666.001
=0.021503

Oriental Chain Mfg Co's return on assets of this year was 0.02469528. Oriental Chain Mfg Co's return on assets of last year was 0.021503. ==> 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.

Oriental Chain Mfg Co's current Net Income (TTM) was 127. Oriental Chain Mfg Co's current Cash Flow from Operations (TTM) was 339. ==> 339 > 127 ==> 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
=800.895/5012.965
=0.15976473

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1006.663/4898.167
=0.20551831

Oriental Chain Mfg Co's gearing of this year was 0.15976473. Oriental Chain Mfg Co's gearing of last year was 0.20551831. ==> 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
=2633.403/1545.488
=1.70392976

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2665.127/1904.478
=1.39940026

Oriental Chain Mfg Co's current ratio of this year was 1.70392976. Oriental Chain Mfg Co's current ratio of last year was 1.39940026. ==> 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.

Oriental Chain Mfg Co's number of shares in issue this year was 1.595. Oriental Chain Mfg Co's number of shares in issue last year was 1.386. ==> 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
=742.852/4110.588
=0.18071672

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=784.602/4055.683
=0.19345743

Oriental Chain Mfg Co's gross margin of this year was 0.18071672. Oriental Chain Mfg Co's gross margin of last year was 0.19345743. ==> 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)
=4110.588/5130.333
=0.8012322

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4055.683/4666.001
=0.86919891

Oriental Chain Mfg Co's asset turnover of this year was 0.8012322. Oriental Chain Mfg Co's asset turnover of last year was 0.86919891. ==> 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+1+0+0+0
=6

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

Oriental Chain Mfg 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?
Oriental Chain Mfg Co (TSE:6380) has a Piotroski F-Score of 6 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Oriental Chain Mfg Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Oriental Chain Mfg Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Oriental Chain Mfg Co ranks #728 out of 2975 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Oriental Chain Mfg Co's Piotroski F-Score too high?
Oriental Chain Mfg Co's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Oriental Chain Mfg Co's value of 6 is 20% above this industry median. Based on the distribution chart, Oriental Chain Mfg Co ranks #728 out of 2975 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Oriental Chain Mfg Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oriental Chain Mfg Co's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Oriental Chain Mfg Co ranks #728 out of 2975 companies for Piotroski F-Score. This places Oriental Chain Mfg Co in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Oriental Chain Mfg Co's value of 6 is 20% above this benchmark. Historically, Oriental Chain Mfg Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Oriental Chain Mfg 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 2,975 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. Oriental Chain Mfg 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 Oriental Chain 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. Oriental Chain Mfg Co's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Chain Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Oriental Chain Mfg Co (TSE:6380) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,675.28, compared to a current price of 円4,530.00 — trading 170.4% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Industrial Products industry median of 5.00. Oriental Chain Mfg Co's overall GF Score™ is 45/100 with 10 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 Oriental Chain Mfg Co (TSE:6380), the current Piotroski F-Score is 6 as of Jul. 08, 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 Oriental Chain Mfg Co (TSE:6380) Overvalued in 2026?

Based on GuruFocus' analysis, Oriental Chain Mfg Co stock appears to be overvalued. The current stock price of 円4,530.00 is trading 170.4% above its estimated GF Value™ of 円1,675.28. GuruFocus considers Oriental Chain Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:6380:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: 円1,675.28 vs. price of 円4,530.00 (170.4% above fair value)
  • GF Score™: 45/100 with 10 warning signs
  • Industry Position: 20% above the Industrial Products median (#728 of 2975)

No single metric tells the full story. See the TSE:6380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oriental Chain Mfg Co Business Description

Address 485 Miyanagaichimachi, Ishikawa Prefecture, Hakusan, JPN, 924-0016
Oriental Chain Mfg Co Ltd is engaged in manufacturing and selling roller chains, conveyor chains, and sprockets for use in various equipment in Japan and internationally. The company's products include stainless and nickel plated, extra heavy duty, and top roller chains, as well as roller chains with outboard rollers; plastic and hollow pins, among others.
45GF Score

Get the complete analysis for TSE:6380

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

円4,530.00
Price
円1,675.28
GF Value