Takeuchi Mfg Co (TSE:6432) Piotroski F-Score: 5 (As of Jun. 28, 2026) — 29% Below Median


TSE:6432 Takeuchi Mfg Co Ltd TSE:6432
93 GF Score
Price 円7,290.00
GF Value 円5,793.84
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Takeuchi Mfg Co Piotroski F-Score?

Takeuchi Mfg Co TSE:6432 +1.11% 93 Piotroski F-Score is 5 as of Jun. 28, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:6432 with a GF Score™ of 93/100 and a GF Value™ of 円5,793.84 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Takeuchi Mfg Co ranks better than 58.94% 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

Takeuchi Mfg Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TSE:6432' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Takeuchi Mfg Co was 8. The lowest was 5. And the median was 7.

Takeuchi Mfg Co  (TSE:6432) 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.


Takeuchi Mfg Co Piotroski F-Score Related Terms


Takeuchi Mfg Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Takeuchi 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.

Takeuchi Mfg Co Piotroski F-Score Chart

Takeuchi Mfg Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 7.00 6.00 5.00

Takeuchi Mfg Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 5.00

TSE:6432 vs CAT, DE, PCAR: Piotroski F-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, Takeuchi 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.


Takeuchi Mfg Co Piotroski F-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Takeuchi Mfg Co's Piotroski F-Score distribution charts can be found below:

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


TSE:6432
93GF Score
Takeuchi Mfg Co Ltd TSE:6432
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円28,270 Mil.
Cash Flow from Operations was 円22,889 Mil.
Revenue was 円225,284 Mil.
Gross Profit was 円56,186 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (217718 + 225133) / 2 = 円221425.5 Mil.
Total Assets at the begining of this year (Feb25) was 円217,718 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円183,948 Mil.
Total Current Liabilities was 円37,405 Mil.
Net Income was 円26,113 Mil.

Revenue was 円213,230 Mil.
Gross Profit was 円56,009 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (198153 + 217718) / 2 = 円207935.5 Mil.
Total Assets at the begining of last year (Feb24) was 円198,153 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円177,254 Mil.
Total Current Liabilities was 円49,974 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.

Takeuchi Mfg Co's current Net Income (TTM) was 28,270. ==> 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.

Takeuchi Mfg Co's current Cash Flow from Operations (TTM) was 22,889. ==> 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 (Feb25)
=28270/217718
=0.12984687

ROA (Last Year)=Net Income/Total Assets (Feb24)
=26113/198153
=0.13178201

Takeuchi Mfg Co's return on assets of this year was 0.12984687. Takeuchi Mfg Co's return on assets of last year was 0.13178201. ==> 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.

Takeuchi Mfg Co's current Net Income (TTM) was 28,270. Takeuchi Mfg Co's current Cash Flow from Operations (TTM) was 22,889. ==> 22,889 <= 28,270 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0/221425.5
=0

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/207935.5
=0

Takeuchi Mfg Co's gearing of this year was 0. Takeuchi Mfg 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: Feb26)=Total Current Assets/Total Current Liabilities
=183948/37405
=4.91773827

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=177254/49974
=3.5469244

Takeuchi Mfg Co's current ratio of this year was 4.91773827. Takeuchi Mfg Co's current ratio of last year was 3.5469244. ==> 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.

Takeuchi Mfg Co's number of shares in issue this year was 46.199. Takeuchi Mfg Co's number of shares in issue last year was 47.268. ==> 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
=56186/225284
=0.24940076

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=56009/213230
=0.26266942

Takeuchi Mfg Co's gross margin of this year was 0.24940076. Takeuchi Mfg Co's gross margin of last year was 0.26266942. ==> 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 (Feb25)
=225284/217718
=1.03475138

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=213230/198153
=1.07608767

Takeuchi Mfg Co's asset turnover of this year was 1.03475138. Takeuchi Mfg Co's asset turnover of last year was 1.07608767. ==> 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+0+1+1+1+0+0
=5

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

Takeuchi Mfg Co has an F-score of 5 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 5 mean?
Takeuchi Mfg Co (TSE:6432) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Takeuchi Mfg Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Takeuchi Mfg Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Takeuchi Mfg Co ranks #85 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 41.1%.
Is Takeuchi Mfg Co's Piotroski F-Score too high?
Takeuchi Mfg Co's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Takeuchi Mfg Co's value of 5 is 0% at this industry median. Based on the distribution chart, Takeuchi Mfg Co ranks #85 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Takeuchi Mfg Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takeuchi Mfg Co's Piotroski F-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Takeuchi Mfg Co ranks #85 out of 207 companies for Piotroski F-Score. This puts Takeuchi Mfg Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Takeuchi Mfg Co's value of 5 is 0% at this benchmark. Historically, Takeuchi Mfg Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Takeuchi Mfg Co has consistently been at 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 207 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. Takeuchi Mfg Co's current Piotroski F-Score of 5 is 0% at 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 Takeuchi Mfg Co and its competitors. For the Farm & Heavy Construction Machinery 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. Takeuchi Mfg Co's current Piotroski F-Score is 5, which is 29% 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 Takeuchi Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Takeuchi Mfg Co (TSE:6432) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,793.84, compared to a current price of 円7,290.00 — trading 25.8% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Farm & Heavy Construction Machinery industry median of 5.00. Takeuchi Mfg Co's overall GF Score™ is 93/100 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 Takeuchi Mfg Co (TSE:6432), the current Piotroski F-Score is 5 as of Jun. 28, 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 Takeuchi Mfg Co (TSE:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Takeuchi Mfg Co stock appears to be overvalued. The current stock price of 円7,290.00 is trading 25.8% above its estimated GF Value™ of 円5,793.84. GuruFocus considers Takeuchi Mfg Co to be Modestly Overvalued.

Key valuation signals for TSE:6432:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円5,793.84 vs. price of 円7,290.00 (25.8% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 0% at the Farm & Heavy Construction Machinery median (#85 of 207)

No single metric tells the full story. See the TSE:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takeuchi Mfg Co Business Description

Other Exchanges TKUGF:USA
Address 205, Kamihira, Sakaki-machi, Hanishina-gun, Nagano, Nagano Prefecture, JPN, 389-0605
Takeuchi Mfg Co Ltd manufactures construction machinery, including wheel and electrical compact excavators, track loaders, carriers, and mixers. Additional revenue is generated by distributing agitators for wastewater treatment facilities and manufacturers of chemicals, food, and other products. The company sells machinery to rental companies, dealers, distributors, and through trading companies to overseas distributors. Operating segments are reported by region: Japan, the United States, the United Kingdom, France, and China. Takeuchi's international sales network helps gain user feedback and discover areas to enhance support for customers. The majority of sales to external customers derive from Japan and the United States.
93GF Score

Get the complete analysis for TSE:6432

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

円7,290.00
Price
円5,793.84
GF Value