Maezawa Kyuso Industries Co (TSE:6485) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 14% Below Median


TSE:6485 Maezawa Kyuso Industries Co Ltd TSE:6485
83 GF Score
Price 円1,501.00
GF Value 円1,396.43
Valuation Fairly Valued
! 2 Warning Signs
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What is Maezawa Kyuso Industries Co Piotroski F-Score?

Maezawa Kyuso Industries Co TSE:6485 +1.21% 83 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates TSE:6485 with a GF Score™ of 83/100 and a GF Value™ of 円1,396.43 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,735 Construction companies, Maezawa Kyuso Industries Co ranks worse than 65.36% 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

Maezawa Kyuso Industries 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 Maezawa Kyuso Industries Co's Piotroski F-Score or its related term are showing as below:

TSE:6485' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 6

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

Maezawa Kyuso Industries Co  (TSE:6485) 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.


Maezawa Kyuso Industries Co Piotroski F-Score Related Terms


Maezawa Kyuso Industries Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Maezawa Kyuso Industries 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.

Maezawa Kyuso Industries Co Piotroski F-Score Chart

Maezawa Kyuso Industries 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 5.00 8.00 7.00 6.00

Maezawa Kyuso Industries Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.00 0.00 6.00

TSE:6485 vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Maezawa Kyuso Industries 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.


Maezawa Kyuso Industries Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Maezawa Kyuso Industries Co's Piotroski F-Score distribution charts can be found below:

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


TSE:6485
83GF Score
Maezawa Kyuso Industries Co Ltd TSE:6485
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2,683 Mil.
Cash Flow from Operations was 円2,450 Mil.
Revenue was 円31,683 Mil.
Gross Profit was 円9,428 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (45150 + 47573) / 2 = 円46361.5 Mil.
Total Assets at the begining of this year (Mar25) was 円45,150 Mil.
Long-Term Debt & Capital Lease Obligation was 円4 Mil.
Total Current Assets was 円29,702 Mil.
Total Current Liabilities was 円5,230 Mil.
Net Income was 円2,023 Mil.

Revenue was 円31,644 Mil.
Gross Profit was 円9,764 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (45965 + 45150) / 2 = 円45557.5 Mil.
Total Assets at the begining of last year (Mar24) was 円45,965 Mil.
Long-Term Debt & Capital Lease Obligation was 円5 Mil.
Total Current Assets was 円29,544 Mil.
Total Current Liabilities was 円4,934 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.

Maezawa Kyuso Industries Co's current Net Income (TTM) was 2,683. ==> 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.

Maezawa Kyuso Industries Co's current Cash Flow from Operations (TTM) was 2,450. ==> 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)
=2683/45150
=0.05942414

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2023/45965
=0.04401175

Maezawa Kyuso Industries Co's return on assets of this year was 0.05942414. Maezawa Kyuso Industries Co's return on assets of last year was 0.04401175. ==> 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.

Maezawa Kyuso Industries Co's current Net Income (TTM) was 2,683. Maezawa Kyuso Industries Co's current Cash Flow from Operations (TTM) was 2,450. ==> 2,450 <= 2,683 ==> 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
=4/46361.5
=8.628E-5

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=5/45557.5
=0.00010975

Maezawa Kyuso Industries Co's gearing of this year was 8.628E-5. Maezawa Kyuso Industries Co's gearing of last year was 0.00010975. ==> 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
=29702/5230
=5.6791587

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=29544/4934
=5.98783948

Maezawa Kyuso Industries Co's current ratio of this year was 5.6791587. Maezawa Kyuso Industries Co's current ratio of last year was 5.98783948. ==> 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.

Maezawa Kyuso Industries Co's number of shares in issue this year was 20.498. Maezawa Kyuso Industries Co's number of shares in issue last year was 20.942. ==> 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
=9428/31683
=0.29757283

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9764/31644
=0.3085577

Maezawa Kyuso Industries Co's gross margin of this year was 0.29757283. Maezawa Kyuso Industries Co's gross margin of last year was 0.3085577. ==> 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)
=31683/45150
=0.70172757

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=31644/45965
=0.68843685

Maezawa Kyuso Industries Co's asset turnover of this year was 0.70172757. Maezawa Kyuso Industries Co's asset turnover of last year was 0.68843685. ==> 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+1+0+1
=6

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

Maezawa Kyuso Industries 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?
Maezawa Kyuso Industries Co (TSE:6485) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Maezawa Kyuso Industries Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Maezawa Kyuso Industries Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Maezawa Kyuso Industries Co ranks #1134 out of 1735 companies in the Construction industry, placing it in the top 65.4%.
Is Maezawa Kyuso Industries Co's Piotroski F-Score too high?
Maezawa Kyuso Industries 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 5.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Maezawa Kyuso Industries Co's value of 6 is 20% above this industry median. Based on the distribution chart, Maezawa Kyuso Industries Co ranks #1134 out of 1735 companies in the Construction industry, which is below the industry midpoint. Overall, Maezawa Kyuso Industries Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maezawa Kyuso Industries Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Maezawa Kyuso Industries Co ranks #1134 out of 1735 companies for Piotroski F-Score. This places Maezawa Kyuso Industries Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Maezawa Kyuso Industries Co's value of 6 is 20% above this benchmark. Historically, Maezawa Kyuso Industries 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, Maezawa Kyuso Industries 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Maezawa Kyuso Industries 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 Maezawa Kyuso Industries Co and its competitors. For the Construction 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. Maezawa Kyuso Industries 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 Maezawa Kyuso Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Maezawa Kyuso Industries Co (TSE:6485) is currently considered Fairly Valued. The stock's GF Value™ is 円1,396.43, compared to a current price of 円1,501.00 — trading 7.5% 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 Construction industry median of 5.00. Maezawa Kyuso Industries Co's overall GF Score™ is 83/100 with 2 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 Maezawa Kyuso Industries Co (TSE:6485), the current Piotroski F-Score is 6 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 Maezawa Kyuso Industries Co (TSE:6485) Overvalued in 2026?

Based on GuruFocus' analysis, Maezawa Kyuso Industries Co stock appears to be overvalued. The current stock price of 円1,501.00 is trading 7.5% above its estimated GF Value™ of 円1,396.43. GuruFocus considers Maezawa Kyuso Industries Co to be Fairly Valued.

Key valuation signals for TSE:6485:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: 円1,396.43 vs. price of 円1,501.00 (7.5% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 20% above the Construction median (#1134 of 1735)

No single metric tells the full story. See the TSE:6485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maezawa Kyuso Industries Co Business Description

Address No. 14-4 Takano, 2 Meguro - ku, Tokyo, JPN, 152-8510
Maezawa Kyuso Industries Co Ltd engages in the manufacture and sale of water supply equipment. It offers Water Supply Equipment and Residential equipment. The firm's product line includes water meters, ferrule with saddle snaps, stop valves, and fittings, hot water supply pipe fittings, heating equipment components, and hot water supply system converter units.
83GF Score

Get the complete analysis for TSE:6485

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

円1,501.00
Price
円1,396.43
GF Value