AKIBA Holdings Co (TSE:6840) Piotroski F-Score: 5 (As of Jul. 15, 2026) — Near Median

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TSE:6840 AKIBA Holdings Co Ltd TSE:6840
79 GF Score
Price 円723.00
GF Value 円658.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is AKIBA Holdings Co Piotroski F-Score?

AKIBA Holdings Co TSE:6840 +2.26% 79 Piotroski F-Score is 5 as of Jul. 15, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:6840 with a GF Score™ of 79/100 and a GF Value™ of 円658.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,431 Hardware companies, AKIBA Holdings Co ranks better than 59.44% 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

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

TSE:6840' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 5
Current: 5

During the past 13 years, the highest Piotroski F-Score of AKIBA Holdings Co was 5. The lowest was 2. And the median was 5.

AKIBA Holdings Co  (TSE:6840) 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.


AKIBA Holdings Co Piotroski F-Score Related Terms


AKIBA Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AKIBA Holdings 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.

AKIBA Holdings Co Piotroski F-Score Chart

AKIBA Holdings 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 5.00 3.00 4.00 5.00

AKIBA Holdings 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 3.00 0.00 4.00 0.00 5.00

TSE:6840 vs SNDK, DELL, STX: Piotroski F-Score Comparison

For the Computer Hardware subindustry, AKIBA Holdings 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.


AKIBA Holdings Co Piotroski F-Score vs Hardware Industry

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

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


TSE:6840
79GF Score
AKIBA Holdings Co Ltd TSE:6840
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883 Mil.
Cash Flow from Operations was 円-31 Mil.
Revenue was 円26,783 Mil.
Gross Profit was 円4,699 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (13627.886 + 17764.969) / 2 = 円15696.4275 Mil.
Total Assets at the begining of this year (Mar25) was 円13,628 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,942 Mil.
Total Current Assets was 円16,770 Mil.
Total Current Liabilities was 円10,638 Mil.
Net Income was 円112 Mil.

Revenue was 円18,272 Mil.
Gross Profit was 円3,869 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (11468.317 + 13627.886) / 2 = 円12548.1015 Mil.
Total Assets at the begining of last year (Mar24) was 円11,468 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,637 Mil.
Total Current Assets was 円12,658 Mil.
Total Current Liabilities was 円6,818 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.

AKIBA Holdings Co's current Net Income (TTM) was 883. ==> 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.

AKIBA Holdings Co's current Cash Flow from Operations (TTM) was -31. ==> Negative ==> Score 0.

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)
=883.053/13627.886
=0.0647975

ROA (Last Year)=Net Income/Total Assets (Mar24)
=112.268/11468.317
=0.00978941

AKIBA Holdings Co's return on assets of this year was 0.0647975. AKIBA Holdings Co's return on assets of last year was 0.00978941. ==> 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.

AKIBA Holdings Co's current Net Income (TTM) was 883. AKIBA Holdings Co's current Cash Flow from Operations (TTM) was -31. ==> -31 <= 883 ==> 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
=1941.76/15696.4275
=0.12370713

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2637.416/12548.1015
=0.21018446

AKIBA Holdings Co's gearing of this year was 0.12370713. AKIBA Holdings Co's gearing of last year was 0.21018446. ==> 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
=16769.908/10637.918
=1.57642764

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=12657.642/6817.602
=1.85661205

AKIBA Holdings Co's current ratio of this year was 1.57642764. AKIBA Holdings Co's current ratio of last year was 1.85661205. ==> 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.

AKIBA Holdings Co's number of shares in issue this year was 9.185. AKIBA Holdings Co's number of shares in issue last year was 9.185. ==> 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
=4698.552/26782.643
=0.17543272

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3869.059/18272.045
=0.21174745

AKIBA Holdings Co's gross margin of this year was 0.17543272. AKIBA Holdings Co's gross margin of last year was 0.21174745. ==> 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 (Mar25)
=26782.643/13627.886
=1.96528229

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=18272.045/11468.317
=1.59326299

AKIBA Holdings Co's asset turnover of this year was 1.96528229. AKIBA Holdings Co's asset turnover of last year was 1.59326299. ==> 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+0+1+0+1+0+1+0+1
=5

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

AKIBA Holdings 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?
AKIBA Holdings Co (TSE:6840) has a Piotroski F-Score of 5 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AKIBA Holdings Co and its competitors. This is near median its historical median of 5.00. Over the past decade, AKIBA Holdings Co's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, AKIBA Holdings Co ranks #986 out of 2431 companies in the Hardware industry, placing it in the top 40.6%.
Is AKIBA Holdings Co's Piotroski F-Score too high?
AKIBA Holdings Co's current Piotroski F-Score of 5 is near 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 5.00. The Hardware industry median Piotroski F-Score is 5.00. AKIBA Holdings Co's value of 5 is 0% at this industry median. Based on the distribution chart, AKIBA Holdings Co ranks #986 out of 2431 companies in the Hardware industry, which is above the industry midpoint. Overall, AKIBA Holdings Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AKIBA Holdings Co's Piotroski F-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, AKIBA Holdings Co ranks #986 out of 2431 companies for Piotroski F-Score. This puts AKIBA Holdings Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. AKIBA Holdings Co's value of 5 is 0% at this benchmark. Historically, AKIBA Holdings Co's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, AKIBA Holdings 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 2,431 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. AKIBA Holdings 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 AKIBA Holdings 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. AKIBA Holdings Co's current Piotroski F-Score is 5, which is near 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 AKIBA Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, AKIBA Holdings Co (TSE:6840) is currently considered Fairly Valued. The stock's GF Value™ is 円658.71, compared to a current price of 円723.00 — trading 9.8% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Hardware industry median of 5.00. AKIBA Holdings Co's overall GF Score™ is 79/100 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 AKIBA Holdings Co (TSE:6840), the current Piotroski F-Score is 5 as of Jul. 15, 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 AKIBA Holdings Co (TSE:6840) Overvalued in 2026?

Based on GuruFocus' analysis, AKIBA Holdings Co stock appears to be overvalued. The current stock price of 円723.00 is trading 9.8% above its estimated GF Value™ of 円658.71. GuruFocus considers AKIBA Holdings Co to be Fairly Valued.

Key valuation signals for TSE:6840:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円658.71 vs. price of 円723.00 (9.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 0% at the Hardware median (#986 of 2431)

No single metric tells the full story. See the TSE:6840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AKIBA Holdings Co Business Description

Address Tsukiji 2-1-17, Chuo-ku, Tokyo, JPN, 104-0045
AKIBA Holdings Co Ltd is engaged in the memory product manufacturing and sales business. In addition, it has a communication consulting business, hospitality, Communication construction, and an HPC business.
79GF Score

Get the complete analysis for TSE:6840

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

円723.00
Price
円658.71
GF Value