Daikoku Denki Co (TSE:6430) Piotroski F-Score: 6 (As of Jun. 29, 2026) — 14% Below Median


TSE:6430 Daikoku Denki Co Ltd TSE:6430
74 GF Score
Price 円2,144.00
GF Value 円3,343.40
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Daikoku Denki Co Piotroski F-Score?

Daikoku Denki Co TSE:6430 +0.66% 74 Piotroski F-Score is 6 as of Jun. 29, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates TSE:6430 with a GF Score™ of 74/100 and a GF Value™ of 円3,343.40 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,432 Hardware companies, Daikoku Denki Co ranks better than 77.92% 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

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

TSE:6430' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Daikoku Denki Co was 9. The lowest was 6. And the median was 7.

Daikoku Denki Co  (TSE:6430) 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.


Daikoku Denki Co Piotroski F-Score Related Terms


Daikoku Denki Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daikoku Denki 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.

Daikoku Denki Co Piotroski F-Score Chart

Daikoku Denki 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 9.00 7.00 8.00 6.00 6.00

Daikoku Denki 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 6.00 0.00 0.00 0.00 6.00

TSE:6430 vs SNDK, DELL, STX: Piotroski F-Score Comparison

For the Computer Hardware subindustry, Daikoku Denki 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.


Daikoku Denki Co Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's Piotroski F-Score distribution charts can be found below:

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


TSE:6430
74GF Score
Daikoku Denki Co Ltd TSE:6430
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5,755 Mil.
Cash Flow from Operations was 円5,946 Mil.
Revenue was 円54,337 Mil.
Gross Profit was 円24,730 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (57266.276 + 59279.56) / 2 = 円58272.918 Mil.
Total Assets at the begining of this year (Mar25) was 円57,266 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円39,043 Mil.
Total Current Liabilities was 円8,424 Mil.
Net Income was 円7,727 Mil.

Revenue was 円57,493 Mil.
Gross Profit was 円26,723 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (59281.977 + 57266.276) / 2 = 円58274.1265 Mil.
Total Assets at the begining of last year (Mar24) was 円59,282 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円36,123 Mil.
Total Current Liabilities was 円10,974 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.

Daikoku Denki Co's current Net Income (TTM) was 5,755. ==> 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.

Daikoku Denki Co's current Cash Flow from Operations (TTM) was 5,946. ==> 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)
=5754.556/57266.276
=0.10048769

ROA (Last Year)=Net Income/Total Assets (Mar24)
=7727.428/59281.977
=0.13035038

Daikoku Denki Co's return on assets of this year was 0.10048769. Daikoku Denki Co's return on assets of last year was 0.13035038. ==> 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.

Daikoku Denki Co's current Net Income (TTM) was 5,755. Daikoku Denki Co's current Cash Flow from Operations (TTM) was 5,946. ==> 5,946 > 5,755 ==> 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
=0/58272.918
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/58274.1265
=0

Daikoku Denki Co's gearing of this year was 0. Daikoku Denki Co's gearing of last year was 0. ==> 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
=39042.677/8424.28
=4.63454171

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=36122.959/10974.44
=3.29155374

Daikoku Denki Co's current ratio of this year was 4.63454171. Daikoku Denki Co's current ratio of last year was 3.29155374. ==> 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.

Daikoku Denki Co's number of shares in issue this year was 14.546. Daikoku Denki Co's number of shares in issue last year was 14.667. ==> 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
=24730.231/54337.041
=0.45512657

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=26723.499/57492.726
=0.46481531

Daikoku Denki Co's gross margin of this year was 0.45512657. Daikoku Denki Co's gross margin of last year was 0.46481531. ==> 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)
=54337.041/57266.276
=0.94884887

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=57492.726/59281.977
=0.96981796

Daikoku Denki Co's asset turnover of this year was 0.94884887. Daikoku Denki Co's asset turnover of last year was 0.96981796. ==> 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+1+0+0
=6

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

Daikoku Denki 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?
Daikoku Denki Co (TSE:6430) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daikoku Denki Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Daikoku Denki Co's Piotroski F-Score has ranged from 6.00 to 9.00. According to the industry distribution chart, Daikoku Denki Co ranks #537 out of 2432 companies in the Hardware industry, placing it in the top 22.1%.
Is Daikoku Denki Co's Piotroski F-Score too high?
Daikoku Denki 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 6.00 to a high of 9.00. The Hardware industry median Piotroski F-Score is 5.00. Daikoku Denki Co's value of 6 is 20% above this industry median. Based on the distribution chart, Daikoku Denki Co ranks #537 out of 2432 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Daikoku Denki Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daikoku Denki Co's Piotroski F-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Daikoku Denki Co ranks #537 out of 2432 companies for Piotroski F-Score. This places Daikoku Denki Co in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Daikoku Denki Co's value of 6 is 20% above this benchmark. Historically, Daikoku Denki Co's own Piotroski F-Score has ranged from 6.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Daikoku Denki 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 a Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,432 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. Daikoku Denki 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 Daikoku Denki Co and its competitors. For the Hardware 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. Daikoku Denki 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 Daikoku Denki Co stock overvalued right now?
Based on GuruFocus' analysis, Daikoku Denki Co (TSE:6430) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,343.40, compared to a current price of 円2,144.00 — trading 35.9% below 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 Hardware industry median of 5.00. Daikoku Denki Co's overall GF Score™ is 74/100 with 1 warning sign 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 Daikoku Denki Co (TSE:6430), the current Piotroski F-Score is 6 as of Jun. 29, 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 Daikoku Denki Co (TSE:6430) Overvalued in 2026?

Based on GuruFocus' analysis, Daikoku Denki Co stock appears to be undervalued. The current stock price of 円2,144.00 is trading 35.9% below its estimated GF Value™ of 円3,343.40. GuruFocus considers Daikoku Denki Co to be Significantly Undervalued.

Key valuation signals for TSE:6430:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: 円3,343.40 vs. price of 円2,144.00 (35.9% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 20% above the Hardware median (#537 of 2432)

No single metric tells the full story. See the TSE:6430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daikoku Denki Co Business Description

Address Nagoyano 1-43-5, Nakamura-ku, Nagoya, JPN, 450-8640
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko parlors, and the manufacture and sale of pachinko and pachislot gaming machines. The group's reportable segments are Information Systems Business and Amusement Business. The majority of its revenue is generated from the Information Systems Business, which is mainly involved in the development of computer systems for pachinko parlors, prize customer management systems, and information disclosure systems. The Amusement Business engages in the development, manufacture, and sale of display units and control units for pachinko gaming machines, as well as the sale of pachinko slot machines. In addition, it also offers parts used in gaming machines.
74GF Score

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

円2,144.00
Price
円3,343.40
GF Value