Zoom (TSE:6694) Piotroski F-Score: 4 (As of Jun. 29, 2026) — 20% Below Median


TSE:6694 Zoom Corp TSE:6694
67 GF Score
Price 円634.00
GF Value 円772.17
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Zoom Piotroski F-Score?

Zoom TSE:6694 67 Piotroski F-Score is 4 as of Jun. 29, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TSE:6694 with a GF Score™ of 67/100 and a GF Value™ of 円772.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,432 Hardware companies, Zoom ranks worse than 62.13% 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

Zoom has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:6694' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 4

During the past 12 years, the highest Piotroski F-Score of Zoom was 7. The lowest was 2. And the median was 5.

Zoom  (TSE:6694) 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.


Zoom Piotroski F-Score Related Terms


Zoom Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Zoom'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.

Zoom Piotroski F-Score Chart

Zoom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 6.00 5.00 4.00

Zoom Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.00 0.00 4.00

TSE:6694 vs AAPL: Piotroski F-Score Comparison

For the Consumer Electronics subindustry, Zoom'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.


Zoom Piotroski F-Score vs Hardware Industry

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

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


TSE:6694
67GF Score
Zoom Corp TSE:6694
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-1,728 Mil.
Cash Flow from Operations was 円602 Mil.
Revenue was 円17,437 Mil.
Gross Profit was 円6,471 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (20087.876 + 18743.778) / 2 = 円19415.827 Mil.
Total Assets at the begining of this year (Dec24) was 円20,088 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,970 Mil.
Total Current Assets was 円14,656 Mil.
Total Current Liabilities was 円8,115 Mil.
Net Income was 円41 Mil.

Revenue was 円18,072 Mil.
Gross Profit was 円6,929 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (19260.271 + 20087.876) / 2 = 円19674.0735 Mil.
Total Assets at the begining of last year (Dec23) was 円19,260 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,413 Mil.
Total Current Assets was 円14,965 Mil.
Total Current Liabilities was 円7,761 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.

Zoom's current Net Income (TTM) was -1,728. ==> Negative ==> Score 0.

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.

Zoom's current Cash Flow from Operations (TTM) was 602. ==> 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)
=-1728.03/20087.876
=-0.08602353

ROA (Last Year)=Net Income/Total Assets (Dec23)
=40.876/19260.271
=0.0021223

Zoom's return on assets of this year was -0.08602353. Zoom's return on assets of last year was 0.0021223. ==> 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.

Zoom's current Net Income (TTM) was -1,728. Zoom's current Cash Flow from Operations (TTM) was 602. ==> 602 > -1,728 ==> 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
=2970.192/19415.827
=0.15297788

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=3412.526/19674.0735
=0.17345295

Zoom's gearing of this year was 0.15297788. Zoom's gearing of last year was 0.17345295. ==> 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
=14656.341/8114.787
=1.80612763

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=14965.019/7760.687
=1.92831111

Zoom's current ratio of this year was 1.80612763. Zoom's current ratio of last year was 1.92831111. ==> 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.

Zoom's number of shares in issue this year was 4.333. Zoom's number of shares in issue last year was 4.345. ==> 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
=6471.003/17437.011
=0.37110735

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6929.142/18072.018
=0.38341828

Zoom's gross margin of this year was 0.37110735. Zoom's gross margin of last year was 0.38341828. ==> 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 (Dec24)
=17437.011/20087.876
=0.86803657

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=18072.018/19260.271
=0.93830549

Zoom's asset turnover of this year was 0.86803657. Zoom's asset turnover of last year was 0.93830549. ==> 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
=0+1+0+1+1+0+1+0+0
=4

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

Zoom has an F-score of 4 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 4 mean?
Zoom (TSE:6694) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zoom and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Zoom's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Zoom ranks #1511 out of 2432 companies in the Hardware industry, placing it in the top 62.1%.
Is Zoom's Piotroski F-Score too high?
Zoom's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Zoom's value of 4 is 20% below this industry median. Based on the distribution chart, Zoom ranks #1511 out of 2432 companies in the Hardware industry, which is below the industry midpoint. Overall, Zoom has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoom's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Zoom ranks #1511 out of 2432 companies for Piotroski F-Score. This places Zoom in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Zoom's value of 4 is 20% below this benchmark. Historically, Zoom's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Zoom has consistently been below 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. Zoom's current Piotroski F-Score of 4 is 20% below 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 Zoom 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. Zoom's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom stock overvalued right now?
Based on GuruFocus' analysis, Zoom (TSE:6694) is currently considered Modestly Undervalued. The stock's GF Value™ is 円772.17, compared to a current price of 円634.00 — trading 17.9% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Hardware industry median of 5.00. Zoom's overall GF Score™ is 67/100 with 8 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 Zoom (TSE:6694), the current Piotroski F-Score is 4 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 Zoom (TSE:6694) Overvalued in 2026?

Based on GuruFocus' analysis, Zoom stock appears to be undervalued. The current stock price of 円634.00 is trading 17.9% below its estimated GF Value™ of 円772.17. GuruFocus considers Zoom to be Modestly Undervalued.

Key valuation signals for TSE:6694:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: 円772.17 vs. price of 円634.00 (17.9% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 20% below the Hardware median (#1511 of 2432)

No single metric tells the full story. See the TSE:6694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zoom Business Description

Address 4-4-3 Kanda-surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Zoom Corp develops and distributes electronic musical devices. It produces recording devices, including a line of portable handy recorders as well as multi-effects processors, effects pedals, drum machines and samplers, mobile device accessory, audio interface, professional field recorder.
67GF Score

Get the complete analysis for TSE:6694

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

円634.00
Price
円772.17
GF Value