Elecom Co (TSE:6750) Piotroski F-Score: 5 (As of Aug. 30, 2026) — 29% Below Median

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TSE:6750 Elecom Co Ltd TSE:6750
96 GF Score
Price 円2,007.00
GF Value 円2,047.29
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Elecom Co Piotroski F-Score?

Elecom Co TSE:6750 +2.24% 96 Piotroski F-Score is 5 as of Aug. 30, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:6750 with a GF Score™ of 96/100 and a GF Value™ of 円2,047.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,445 Hardware companies, Elecom Co ranks better than 58.61% 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

Elecom Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TSE:6750' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Elecom Co was 9. The lowest was 4. And the median was 7.

Elecom Co  (TSE:6750) 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.


Elecom Co Piotroski F-Score Related Terms


Elecom Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Elecom 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.

Elecom Co Piotroski F-Score Chart

Elecom 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 5.00 6.00 7.00 6.00 8.00

Elecom Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.00 8.00 7.00 8.00 5.00

TSE:6750 vs DELL, ANET, SNDK: Piotroski F-Score Comparison

For the Computer Hardware subindustry, Elecom 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.


Elecom Co Piotroski F-Score vs Hardware Industry

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

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


TSE:6750
96GF Score
Elecom Co Ltd TSE:6750
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 2402 + 11240 + 4667 + 2964 = 円21,273 Mil.
Cash Flow from Operations was 3252 + -34 + 5112 + 2058 = 円10,388 Mil.
Revenue was 30196 + 36437 + 36863 + 33918 = 円137,414 Mil.
Gross Profit was 11943 + 14495 + 14300 + 13537 = 円54,275 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(109300 + 115125 + 141525 + 145205 + 146761) / 5 = 円131583.2 Mil.
Total Assets at the begining of this year (Jun25) was 円109,300 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円116,985 Mil.
Total Current Liabilities was 円33,710 Mil.
Net Income was 1855 + 2927 + 2978 + 1882 = 円9,642 Mil.

Revenue was 29002 + 30727 + 30672 + 28636 = 円119,037 Mil.
Gross Profit was 10932 + 12122 + 12359 + 11621 = 円47,034 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(119001 + 103341 + 112768 + 114740 + 109300) / 5 = 円111830 Mil.
Total Assets at the begining of last year (Jun24) was 円119,001 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円88,319 Mil.
Total Current Liabilities was 円25,328 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.

Elecom Co's current Net Income (TTM) was 21,273. ==> 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.

Elecom Co's current Cash Flow from Operations (TTM) was 10,388. ==> 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 (Jun25)
=21273/109300
=0.19462946

ROA (Last Year)=Net Income/Total Assets (Jun24)
=9642/119001
=0.08102453

Elecom Co's return on assets of this year was 0.19462946. Elecom Co's return on assets of last year was 0.08102453. ==> 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.

Elecom Co's current Net Income (TTM) was 21,273. Elecom Co's current Cash Flow from Operations (TTM) was 10,388. ==> 10,388 <= 21,273 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/131583.2
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/111830
=0

Elecom Co's gearing of this year was 0. Elecom Co'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: Jun26)=Total Current Assets/Total Current Liabilities
=116985/33710
=3.47033521

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=88319/25328
=3.48701042

Elecom Co's current ratio of this year was 3.47033521. Elecom Co's current ratio of last year was 3.48701042. ==> 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.

Elecom Co's number of shares in issue this year was 80.539. Elecom Co's number of shares in issue last year was 76.349. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=54275/137414
=0.39497431

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=47034/119037
=0.39512084

Elecom Co's gross margin of this year was 0.39497431. Elecom Co's gross margin of last year was 0.39512084. ==> 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 (Jun25)
=137414/109300
=1.25721866

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=119037/119001
=1.00030252

Elecom Co's asset turnover of this year was 1.25721866. Elecom Co's asset turnover of last year was 1.00030252. ==> 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+0+0+1
=5

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

Elecom Co has an F-score of 5 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 5 mean?
Elecom Co (TSE:6750) has a Piotroski F-Score of 5 as of Aug. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Elecom Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Elecom Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Elecom Co ranks #1012 out of 2445 companies in the Hardware industry, placing it in the top 41.4%.
Is Elecom Co's Piotroski F-Score too high?
Elecom Co's current Piotroski F-Score of 5 is 29% below 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. Elecom Co's value of 5 is 0% at this industry median. Based on the distribution chart, Elecom Co ranks #1012 out of 2445 companies in the Hardware industry, which is above the industry midpoint. Overall, Elecom Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elecom Co's Piotroski F-Score compare to DELL and ANET?
According to the Hardware industry distribution chart, Elecom Co ranks #1012 out of 2445 companies for Piotroski F-Score. This puts Elecom Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Elecom Co's value of 5 is 0% at this benchmark. Historically, Elecom 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, Elecom Co has consistently been at 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 2,445 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. Elecom Co's current Piotroski F-Score of 5 is 0% at 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 Elecom 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. Elecom Co's current Piotroski F-Score is 5, which is 29% below 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 Elecom Co stock overvalued right now?
Based on GuruFocus' analysis, Elecom Co (TSE:6750) is currently considered Fairly Valued. The stock's GF Value™ is 円2,047.29, compared to a current price of 円2,007.00 — trading 2% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Hardware industry median of 5.00. Elecom Co's overall GF Score™ is 96/100 with 6 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 Elecom Co (TSE:6750), the current Piotroski F-Score is 5 as of Aug. 30, 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 Elecom Co (TSE:6750) Overvalued in 2026?

Based on GuruFocus' analysis, Elecom Co stock appears to be undervalued. The current stock price of 円2,007.00 is trading 2% below its estimated GF Value™ of 円2,047.29. GuruFocus considers Elecom Co to be Fairly Valued.

Key valuation signals for TSE:6750:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円2,047.29 vs. price of 円2,007.00 (2% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 0% at the Hardware median (#1012 of 2445)

No single metric tells the full story. See the TSE:6750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elecom Co Business Description

Other Exchanges ELCMF:USA
Address 4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.
96GF Score

Get the complete analysis for TSE:6750

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

円2,007.00
Price
円2,047.29
GF Value