Kohoku Kogyo Co (TSE:6524) Piotroski F-Score: 7 (As of Jul. 13, 2026) — Near Median


TSE:6524 Kohoku Kogyo Co Ltd TSE:6524
82 GF Score
Price 円4,630.00
GF Value 円2,855.90
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kohoku Kogyo Co Piotroski F-Score?

Kohoku Kogyo Co TSE:6524 +1.31% 82 Piotroski F-Score is 7 as of Jul. 13, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:6524 with a GF Score™ of 82/100 and a GF Value™ of 円2,855.90 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,434 Hardware companies, Kohoku Kogyo Co ranks better than 91.21% 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

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

TSE:6524' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 7

During the past 7 years, the highest Piotroski F-Score of Kohoku Kogyo Co was 9. The lowest was 4. And the median was 7.

Kohoku Kogyo Co  (TSE:6524) 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.


Kohoku Kogyo Co Piotroski F-Score Related Terms


Kohoku Kogyo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kohoku Kogyo 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.

Kohoku Kogyo Co Piotroski F-Score Chart

Kohoku Kogyo Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 9.00 4.00 6.00 7.00 7.00

Kohoku Kogyo Co Quarterly Data
Dec20 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 0.00 0.00 0.00 7.00 0.00

TSE:6524 vs APH, GLW: Piotroski F-Score Comparison

For the Electronic Components subindustry, Kohoku Kogyo 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.


Kohoku Kogyo Co Piotroski F-Score vs Hardware Industry

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

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


TSE:6524
82GF Score
Kohoku Kogyo Co Ltd TSE:6524
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円2,992 Mil.
Cash Flow from Operations was 円3,343 Mil.
Revenue was 円17,454 Mil.
Gross Profit was 円7,611 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (28684 + 28319) / 2 = 円28501.5 Mil.
Total Assets at the begining of this year (Dec24) was 円28,684 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,920 Mil.
Total Current Assets was 円17,027 Mil.
Total Current Liabilities was 円2,584 Mil.
Net Income was 円3,252 Mil.

Revenue was 円15,924 Mil.
Gross Profit was 円6,884 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (24973 + 28684) / 2 = 円26828.5 Mil.
Total Assets at the begining of last year (Dec23) was 円24,973 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,961 Mil.
Total Current Assets was 円18,331 Mil.
Total Current Liabilities was 円2,945 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.

Kohoku Kogyo Co's current Net Income (TTM) was 2,992. ==> 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.

Kohoku Kogyo Co's current Cash Flow from Operations (TTM) was 3,343. ==> 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 (Dec24)
=2992/28684
=0.10430902

ROA (Last Year)=Net Income/Total Assets (Dec23)
=3252/24973
=0.13022064

Kohoku Kogyo Co's return on assets of this year was 0.10430902. Kohoku Kogyo Co's return on assets of last year was 0.13022064. ==> 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.

Kohoku Kogyo Co's current Net Income (TTM) was 2,992. Kohoku Kogyo Co's current Cash Flow from Operations (TTM) was 3,343. ==> 3,343 > 2,992 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1920/28501.5
=0.06736488

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1961/26828.5
=0.07309391

Kohoku Kogyo Co's gearing of this year was 0.06736488. Kohoku Kogyo Co's gearing of last year was 0.07309391. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=17027/2584
=6.58939628

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=18331/2945
=6.22444822

Kohoku Kogyo Co's current ratio of this year was 6.58939628. Kohoku Kogyo Co's current ratio of last year was 6.22444822. ==> 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.

Kohoku Kogyo Co's number of shares in issue this year was 26.085. Kohoku Kogyo Co's number of shares in issue last year was 26.993. ==> 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
=7611/17454
=0.4360605

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6884/15924
=0.43230344

Kohoku Kogyo Co's gross margin of this year was 0.4360605. Kohoku Kogyo Co's gross margin of last year was 0.43230344. ==> 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 (Dec24)
=17454/28684
=0.60849254

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=15924/24973
=0.63764866

Kohoku Kogyo Co's asset turnover of this year was 0.60849254. Kohoku Kogyo Co's asset turnover of last year was 0.63764866. ==> 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+1+0
=7

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

Kohoku Kogyo 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?
Kohoku Kogyo Co (TSE:6524) has a Piotroski F-Score of 7 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kohoku Kogyo Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Kohoku Kogyo Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Kohoku Kogyo Co ranks #214 out of 2434 companies in the Hardware industry, placing it in the top 8.8%.
Is Kohoku Kogyo Co's Piotroski F-Score too high?
Kohoku Kogyo 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 4.00 to a high of 9.00. The Hardware industry median Piotroski F-Score is 5.00. Kohoku Kogyo Co's value of 7 is 40% above this industry median. Based on the distribution chart, Kohoku Kogyo Co ranks #214 out of 2434 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kohoku Kogyo Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kohoku Kogyo Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Kohoku Kogyo Co ranks #214 out of 2434 companies for Piotroski F-Score. This places Kohoku Kogyo Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kohoku Kogyo Co's value of 7 is 40% above this benchmark. Historically, Kohoku Kogyo Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kohoku Kogyo 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 2,434 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. Kohoku Kogyo 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 Kohoku Kogyo 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. Kohoku Kogyo 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 Kohoku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kohoku Kogyo Co (TSE:6524) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,855.90, compared to a current price of 円4,630.00 — trading 62.1% 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 Hardware industry median of 5.00. Kohoku Kogyo Co's overall GF Score™ is 82/100 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 Kohoku Kogyo Co (TSE:6524), the current Piotroski F-Score is 7 as of Jul. 13, 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 Kohoku Kogyo Co (TSE:6524) Overvalued in 2026?

Based on GuruFocus' analysis, Kohoku Kogyo Co stock appears to be overvalued. The current stock price of 円4,630.00 is trading 62.1% above its estimated GF Value™ of 円2,855.90. GuruFocus considers Kohoku Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:6524:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円2,855.90 vs. price of 円4,630.00 (62.1% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 40% above the Hardware median (#214 of 2434)

No single metric tells the full story. See the TSE:6524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kohoku Kogyo Co Business Description

Other Exchanges H9J:Germany
Address 1623 Takatsuki, Takatsuki-cho, Shiga Prefecture, Nagahama, JPN, 529-0241
Kohoku Kogyo Co Ltd is engaged in the Manufacture and sale of lead terminals for aluminum electrolytic capacitors, optical communication parts, and precision parts made from quartz glass.
82GF Score

Get the complete analysis for TSE:6524

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

円4,630.00
Price
円2,855.90
GF Value