Axell (TSE:6730) Piotroski F-Score: 6 (As of Jun. 28, 2026) — Near Median


TSE:6730 Axell Corp TSE:6730
87 GF Score
Price 円1,108.00
GF Value 円1,209.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Axell Piotroski F-Score?

Axell TSE:6730 -4.32% 87 Piotroski F-Score is 6 as of Jun. 28, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:6730 with a GF Score™ of 87/100 and a GF Value™ of 円1,209.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 989 Semiconductors companies, Axell ranks better than 80.18% 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

Axell 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 Axell's Piotroski F-Score or its related term are showing as below:

TSE:6730' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Axell was 7. The lowest was 4. And the median was 6.

Axell  (TSE:6730) 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.


Axell Piotroski F-Score Related Terms


Axell Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Axell'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.

Axell Piotroski F-Score Chart

Axell 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 7.00 6.00 6.00 4.00 6.00

Axell Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.00 0.00 4.00 0.00 6.00

TSE:6730 vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, Axell'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.


Axell Piotroski F-Score vs Semiconductors Industry

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

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


TSE:6730
87GF Score
Axell Corp TSE:6730
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1,230 Mil.
Cash Flow from Operations was 円223 Mil.
Revenue was 円14,656 Mil.
Gross Profit was 円4,709 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (15042 + 16109) / 2 = 円15575.5 Mil.
Total Assets at the begining of this year (Mar25) was 円15,042 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円12,804 Mil.
Total Current Liabilities was 円2,334 Mil.
Net Income was 円978 Mil.

Revenue was 円15,244 Mil.
Gross Profit was 円4,388 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (15574 + 15042) / 2 = 円15308 Mil.
Total Assets at the begining of last year (Mar24) was 円15,574 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円12,411 Mil.
Total Current Liabilities was 円1,984 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.

Axell's current Net Income (TTM) was 1,230. ==> 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.

Axell's current Cash Flow from Operations (TTM) was 223. ==> 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)
=1230/15042
=0.08177104

ROA (Last Year)=Net Income/Total Assets (Mar24)
=978/15574
=0.06279697

Axell's return on assets of this year was 0.08177104. Axell's return on assets of last year was 0.06279697. ==> 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.

Axell's current Net Income (TTM) was 1,230. Axell's current Cash Flow from Operations (TTM) was 223. ==> 223 <= 1,230 ==> 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
=0/15575.5
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/15308
=0

Axell's gearing of this year was 0. Axell'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: Mar26)=Total Current Assets/Total Current Liabilities
=12804/2334
=5.48586118

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=12411/1984
=6.25554435

Axell's current ratio of this year was 5.48586118. Axell's current ratio of last year was 6.25554435. ==> 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.

Axell's number of shares in issue this year was 10.77. Axell's number of shares in issue last year was 10.964. ==> 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
=4709/14656
=0.32130186

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4388/15244
=0.28785096

Axell's gross margin of this year was 0.32130186. Axell's gross margin of last year was 0.28785096. ==> 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 (Mar25)
=14656/15042
=0.97433852

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=15244/15574
=0.97881084

Axell's asset turnover of this year was 0.97433852. Axell's asset turnover of last year was 0.97881084. ==> 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+1+0+1+0+1+1+0
=6

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

Axell 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?
Axell (TSE:6730) 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 Axell and its competitors. This is near median its historical median of 6.00. Over the past decade, Axell's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Axell ranks #196 out of 989 companies in the Semiconductors industry, placing it in the top 19.8%.
Is Axell's Piotroski F-Score too high?
Axell's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Semiconductors industry median Piotroski F-Score is 5.00. Axell's value of 6 is 20% above this industry median. Based on the distribution chart, Axell ranks #196 out of 989 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Axell has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axell's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Axell ranks #196 out of 989 companies for Piotroski F-Score. This places Axell in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Axell's value of 6 is 20% above this benchmark. Historically, Axell's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Axell 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Axell'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 Axell and its competitors. For the Semiconductors 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. Axell's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axell stock overvalued right now?
Based on GuruFocus' analysis, Axell (TSE:6730) is currently considered Fairly Valued. The stock's GF Value™ is 円1,209.47, compared to a current price of 円1,108.00 — trading 8.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Semiconductors industry median of 5.00. Axell's overall GF Score™ is 87/100 with 4 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 Axell (TSE:6730), 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 Axell (TSE:6730) Overvalued in 2026?

Based on GuruFocus' analysis, Axell stock appears to be undervalued. The current stock price of 円1,108.00 is trading 8.4% below its estimated GF Value™ of 円1,209.47. GuruFocus considers Axell to be Fairly Valued.

Key valuation signals for TSE:6730:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円1,209.47 vs. price of 円1,108.00 (8.4% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 20% above the Semiconductors median (#196 of 989)

No single metric tells the full story. See the TSE:6730 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axell Business Description

Address Akihabara UDX SouthWing, 10F 4-14-1 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-8973
Axell Corp is a Japan-based company engaged in the design, manufacture, and sales of semiconductor integrated circuits and printed circuit boards. The company offers LSI products specialized for use in pachinko and pachislot machines and graphics LSI's for industrial embedded systems. It produces and markets game and office equipment, and information services through the internet. In addition, the company is also involved in the development and selling of compression and decompression technology for graphics and sound, and software and many more.
87GF Score

Get the complete analysis for TSE:6730

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

円1,108.00
Price
円1,209.47
GF Value