OKANO VALVE MFG Co (TSE:6492) Piotroski F-Score: 7 (As of Jul. 11, 2026) — Near Median


TSE:6492 OKANO VALVE MFG Co Ltd TSE:6492
56 GF Score
Price 円16,900.00
GF Value 円6,664.39
Valuation Significantly Overvalued
! 3 Warning Signs
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What is OKANO VALVE MFG Co Piotroski F-Score?

OKANO VALVE MFG Co TSE:6492 +0.06% 56 Piotroski F-Score is 7 as of Jul. 11, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:6492 with a GF Score™ of 56/100 and a GF Value™ of 円6,664.39 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,974 Industrial Products companies, OKANO VALVE MFG Co ranks better than 90.79% 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

OKANO VALVE MFG 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 OKANO VALVE MFG Co's Piotroski F-Score or its related term are showing as below:

TSE:6492' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of OKANO VALVE MFG Co was 8. The lowest was 3. And the median was 7.

OKANO VALVE MFG Co  (TSE:6492) 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.


OKANO VALVE MFG Co Piotroski F-Score Related Terms


OKANO VALVE MFG Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OKANO VALVE 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.

OKANO VALVE MFG Co Piotroski F-Score Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.00 7.00 8.00 7.00

OKANO VALVE MFG Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 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 8.00 0.00 0.00

TSE:6492 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, OKANO VALVE 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.


OKANO VALVE MFG Co Piotroski F-Score vs Industrial Products Industry

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

* The bar in red indicates where OKANO VALVE MFG Co's Piotroski F-Score falls into.


TSE:6492
56GF Score
OKANO VALVE MFG Co Ltd TSE:6492
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 (Nov23) TTM:Last Year (Nov22) TTM:
Net Income was 円697 Mil.
Cash Flow from Operations was 円471 Mil.
Revenue was 円7,407 Mil.
Gross Profit was 円1,854 Mil.
Average Total Assets from the begining of this year (Nov22)
to the end of this year (Nov23) was (12395 + 12707) / 2 = 円12551 Mil.
Total Assets at the begining of this year (Nov22) was 円12,395 Mil.
Long-Term Debt & Capital Lease Obligation was 円835 Mil.
Total Current Assets was 円8,673 Mil.
Total Current Liabilities was 円1,331 Mil.
Net Income was 円483 Mil.

Revenue was 円6,887 Mil.
Gross Profit was 円1,438 Mil.
Average Total Assets from the begining of last year (Nov21)
to the end of last year (Nov22) was (12095 + 12395) / 2 = 円12245 Mil.
Total Assets at the begining of last year (Nov21) was 円12,095 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,148 Mil.
Total Current Assets was 円8,701 Mil.
Total Current Liabilities was 円1,209 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.

OKANO VALVE MFG Co's current Net Income (TTM) was 697. ==> 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.

OKANO VALVE MFG Co's current Cash Flow from Operations (TTM) was 471. ==> 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 (Nov22)
=697/12395
=0.05623235

ROA (Last Year)=Net Income/Total Assets (Nov21)
=483/12095
=0.03993386

OKANO VALVE MFG Co's return on assets of this year was 0.05623235. OKANO VALVE MFG Co's return on assets of last year was 0.03993386. ==> 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.

OKANO VALVE MFG Co's current Net Income (TTM) was 697. OKANO VALVE MFG Co's current Cash Flow from Operations (TTM) was 471. ==> 471 <= 697 ==> 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: Nov23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov22 to Nov23
=835/12551
=0.06652856

Gearing (Last Year: Nov22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov21 to Nov22
=1148/12245
=0.09375255

OKANO VALVE MFG Co's gearing of this year was 0.06652856. OKANO VALVE MFG Co's gearing of last year was 0.09375255. ==> 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: Nov23)=Total Current Assets/Total Current Liabilities
=8673/1331
=6.51615327

Current Ratio (Last Year: Nov22)=Total Current Assets/Total Current Liabilities
=8701/1209
=7.19685691

OKANO VALVE MFG Co's current ratio of this year was 6.51615327. OKANO VALVE MFG Co's current ratio of last year was 7.19685691. ==> 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.

OKANO VALVE MFG Co's number of shares in issue this year was 1.607. OKANO VALVE MFG Co's number of shares in issue last year was 1.663. ==> 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
=1854/7407
=0.25030377

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1438/6887
=0.20879919

OKANO VALVE MFG Co's gross margin of this year was 0.25030377. OKANO VALVE MFG Co's gross margin of last year was 0.20879919. ==> 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 (Nov22)
=7407/12395
=0.59757967

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov21)
=6887/12095
=0.56940885

OKANO VALVE MFG Co's asset turnover of this year was 0.59757967. OKANO VALVE MFG Co's asset turnover of last year was 0.56940885. ==> 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+1+1
=7

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

OKANO VALVE MFG 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?
OKANO VALVE MFG Co (TSE:6492) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OKANO VALVE MFG Co and its competitors. This is near median its historical median of 7.00. Over the past decade, OKANO VALVE MFG Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, OKANO VALVE MFG Co ranks #274 out of 2974 companies in the Industrial Products industry, placing it in the top 9.2%.
Is OKANO VALVE MFG Co's Piotroski F-Score too high?
OKANO VALVE MFG Co's current Piotroski F-Score of 7 is near 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. OKANO VALVE MFG Co's value of 7 is 40% above this industry median. Based on the distribution chart, OKANO VALVE MFG Co ranks #274 out of 2974 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, OKANO VALVE MFG Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKANO VALVE MFG Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, OKANO VALVE MFG Co ranks #274 out of 2974 companies for Piotroski F-Score. This places OKANO VALVE MFG Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. OKANO VALVE MFG Co's value of 7 is 40% above this benchmark. Historically, OKANO VALVE 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, OKANO VALVE 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 2,974 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. OKANO VALVE MFG 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 OKANO VALVE 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. OKANO VALVE MFG Co's current Piotroski F-Score is 7, which is near 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 OKANO VALVE MFG Co stock overvalued right now?
Based on GuruFocus' analysis, OKANO VALVE MFG Co (TSE:6492) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,664.39, compared to a current price of 円16,900.00 — trading 153.6% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Industrial Products industry median of 5.00. OKANO VALVE MFG Co's overall GF Score™ is 56/100 with 3 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 OKANO VALVE MFG Co (TSE:6492), the current Piotroski F-Score is 7 as of Jul. 11, 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 OKANO VALVE MFG Co (TSE:6492) Overvalued in 2026?

Based on GuruFocus' analysis, OKANO VALVE MFG Co stock appears to be overvalued. The current stock price of 円16,900.00 is trading 153.6% above its estimated GF Value™ of 円6,664.39. GuruFocus considers OKANO VALVE MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:6492:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円6,664.39 vs. price of 円16,900.00 (153.6% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 40% above the Industrial Products median (#274 of 2974)

No single metric tells the full story. See the TSE:6492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKANO VALVE MFG Co Business Description

Address 1-14, Nakamachi, Moji Ward, Fukuoka Prefecture, Kitakyushu, JPN, 800-8601
OKANO VALVE MFG Co Ltd is engaged in the development, manufacturing and maintenance of high temperature and high-pressure valves for industrial applications. It manufactures other industrial products and parts using its foundry capabilities. The company also carries out various construction and maintenance works in industrial plants. It Implements and supports condition monitoring of industrial valves using current signature analysis technology.
56GF Score

Get the complete analysis for TSE:6492

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

円16,900.00
Price
円6,664.39
GF Value