Daido Signal Co (TSE:6743) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


TSE:6743 Daido Signal Co Ltd TSE:6743
68 GF Score
Price 円796.00
GF Value 円663.00
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Daido Signal Co Piotroski F-Score?

Daido Signal Co TSE:6743 -1.24% 68 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:6743 with a GF Score™ of 68/100 and a GF Value™ of 円663.00 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, Daido Signal Co ranks better than 97.95% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Daido Signal Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:6743' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Daido Signal Co was 9. The lowest was 3. And the median was 6.

Daido Signal Co  (TSE:6743) 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.


Daido Signal Co Piotroski F-Score Related Terms


Daido Signal Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daido Signal 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.

Daido Signal Co Piotroski F-Score Chart

Daido Signal 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 6.00 4.00 7.00 6.00 8.00

Daido Signal Co 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 7.00 0.00 6.00 0.00 8.00

TSE:6743 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Daido Signal 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.


Daido Signal Co Piotroski F-Score vs Industrial Products Industry

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

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


TSE:6743
68GF Score
Daido Signal Co Ltd TSE:6743
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1,791 Mil.
Cash Flow from Operations was 円918 Mil.
Revenue was 円25,696 Mil.
Gross Profit was 円7,397 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (45401.029 + 50994.045) / 2 = 円48197.537 Mil.
Total Assets at the begining of this year (Mar25) was 円45,401 Mil.
Long-Term Debt & Capital Lease Obligation was 円610 Mil.
Total Current Assets was 円29,862 Mil.
Total Current Liabilities was 円12,372 Mil.
Net Income was 円1,543 Mil.

Revenue was 円21,914 Mil.
Gross Profit was 円6,037 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (44668.264 + 45401.029) / 2 = 円45034.6465 Mil.
Total Assets at the begining of last year (Mar24) was 円44,668 Mil.
Long-Term Debt & Capital Lease Obligation was 円866 Mil.
Total Current Assets was 円27,439 Mil.
Total Current Liabilities was 円11,678 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.

Daido Signal Co's current Net Income (TTM) was 1,791. ==> 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.

Daido Signal Co's current Cash Flow from Operations (TTM) was 918. ==> 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)
=1791.428/45401.029
=0.03945787

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1542.527/44668.264
=0.03453295

Daido Signal Co's return on assets of this year was 0.03945787. Daido Signal Co's return on assets of last year was 0.03453295. ==> 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.

Daido Signal Co's current Net Income (TTM) was 1,791. Daido Signal Co's current Cash Flow from Operations (TTM) was 918. ==> 918 <= 1,791 ==> 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
=610.469/48197.537
=0.01266598

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=865.613/45034.6465
=0.01922105

Daido Signal Co's gearing of this year was 0.01266598. Daido Signal Co's gearing of last year was 0.01922105. ==> 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
=29861.531/12371.905
=2.41365667

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=27439.449/11677.604
=2.34974991

Daido Signal Co's current ratio of this year was 2.41365667. Daido Signal Co's current ratio of last year was 2.34974991. ==> 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.

Daido Signal Co's number of shares in issue this year was 15.856. Daido Signal Co's number of shares in issue last year was 16.12. ==> 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
=7396.567/25695.648
=0.28785291

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6037.054/21914.135
=0.27548676

Daido Signal Co's gross margin of this year was 0.28785291. Daido Signal Co's gross margin of last year was 0.27548676. ==> 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)
=25695.648/45401.029
=0.56597061

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=21914.135/44668.264
=0.49059742

Daido Signal Co's asset turnover of this year was 0.56597061. Daido Signal Co's asset turnover of last year was 0.49059742. ==> 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+1+1+1+1
=8

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

Daido Signal Co has an F-score of 8. 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 8 mean?
Daido Signal Co (TSE:6743) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daido Signal Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Daido Signal Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Daido Signal Co ranks #61 out of 2979 companies in the Industrial Products industry, placing it in the top 2%.
Is Daido Signal Co's Piotroski F-Score too high?
Daido Signal Co's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Daido Signal Co's value of 8 is 60% above this industry median. Based on the distribution chart, Daido Signal Co ranks #61 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Daido Signal Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daido Signal Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daido Signal Co ranks #61 out of 2979 companies for Piotroski F-Score. This places Daido Signal Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Daido Signal Co's value of 8 is 60% above this benchmark. Historically, Daido Signal Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Daido Signal 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 2,979 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. Daido Signal Co's current Piotroski F-Score of 8 is 60% 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 Daido Signal 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. Daido Signal Co's current Piotroski F-Score is 8, which is 33% above 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 Daido Signal Co stock overvalued right now?
Based on GuruFocus' analysis, Daido Signal Co (TSE:6743) is currently considered Modestly Overvalued. The stock's GF Value™ is 円663.00, compared to a current price of 円796.00 — trading 20.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Industrial Products industry median of 5.00. Daido Signal Co's overall GF Score™ is 68/100 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 Daido Signal Co (TSE:6743), the current Piotroski F-Score is 8 as of Jun. 27, 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 Daido Signal Co (TSE:6743) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Signal Co stock appears to be overvalued. The current stock price of 円796.00 is trading 20.1% above its estimated GF Value™ of 円663.00. GuruFocus considers Daido Signal Co to be Modestly Overvalued.

Key valuation signals for TSE:6743:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円663.00 vs. price of 円796.00 (20.1% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 60% above the Industrial Products median (#61 of 2979)

No single metric tells the full story. See the TSE:6743 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daido Signal Co Business Description

Address New-Onarimon-Building, 6-17-19 Shimbashi, Minato-ku, Tokyo, JPN
Daido Signal Co Ltd is a Japan-based company engages in the manufacture, installation/processing, repair and sale of railway signal safety devices, electrical equipment, mechanical devices, and synthetic resins.
68GF Score

Get the complete analysis for TSE:6743

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

円796.00
Price
円663.00
GF Value