Hakuto Co (TSE:7433) Piotroski F-Score: 6 (As of Jul. 09, 2026) — Near Median


TSE:7433 Hakuto Co Ltd TSE:7433
69 GF Score
Price 円4,545.00
GF Value 円4,237.44
Valuation Fairly Valued
! 7 Warning Signs
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What is Hakuto Co Piotroski F-Score?

Hakuto Co TSE:7433 -1.62% 69 Piotroski F-Score is 6 as of Jul. 09, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:7433 with a GF Score™ of 69/100 and a GF Value™ of 円4,237.44 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,424 Hardware companies, Hakuto Co ranks better than 77.85% 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

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

TSE:7433' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Hakuto Co was 7. The lowest was 3. And the median was 6.

Hakuto Co  (TSE:7433) 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.


Hakuto Co Piotroski F-Score Related Terms


Hakuto Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hakuto 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.

Hakuto Co Piotroski F-Score Chart

Hakuto 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 7.00 6.00 6.00 7.00 6.00

Hakuto Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 N/A 6.00 6.00 6.00

TSE:7433 vs APH, GLW: Piotroski F-Score Comparison

For the Electronic Components subindustry, Hakuto 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.


Hakuto Co Piotroski F-Score vs Hardware Industry

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

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


TSE:7433
69GF Score
Hakuto Co Ltd TSE:7433
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 659 + 1349 + 2227 + 774 = 円5,009 Mil.
Cash Flow from Operations was 4430 + -555 + -31 + 6429 = 円10,273 Mil.
Revenue was 40337 + 43426 + 52264 + 45151 = 円181,178 Mil.
Gross Profit was 5748 + 6481 + 8083 + 7768 = 円28,080 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(130376 + 130791 + 133994 + 138999 + 164968) / 5 = 円139825.6 Mil.
Total Assets at the begining of this year (Mar25) was 円130,376 Mil.
Long-Term Debt & Capital Lease Obligation was 円24,343 Mil.
Total Current Assets was 円127,715 Mil.
Total Current Liabilities was 円68,004 Mil.
Net Income was 1543 + 1035 + 1708 + 845 = 円5,131 Mil.

Revenue was 42380 + 47371 + 51129 + 42253 = 円183,133 Mil.
Gross Profit was 6304 + 7136 + 7485 + 6953 = 円27,878 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(137759 + 0 + 139358 + 147825 + 130376) / 5 = 円138829.5 Mil.
Total Assets at the begining of last year (Mar24) was 円137,759 Mil.
Long-Term Debt & Capital Lease Obligation was 円15,370 Mil.
Total Current Assets was 円109,532 Mil.
Total Current Liabilities was 円47,196 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.

Hakuto Co's current Net Income (TTM) was 5,009. ==> 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.

Hakuto Co's current Cash Flow from Operations (TTM) was 10,273. ==> 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)
=5009/130376
=0.03841965

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5131/137759
=0.03724621

Hakuto Co's return on assets of this year was 0.03841965. Hakuto Co's return on assets of last year was 0.03724621. ==> 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.

Hakuto Co's current Net Income (TTM) was 5,009. Hakuto Co's current Cash Flow from Operations (TTM) was 10,273. ==> 10,273 > 5,009 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=24343/139825.6
=0.17409544

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=15370/138829.5
=0.11071134

Hakuto Co's gearing of this year was 0.17409544. Hakuto Co's gearing of last year was 0.11071134. ==> Last year is lower than this year ==> Score 0.

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
=127715/68004
=1.87805129

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=109532/47196
=2.3207899

Hakuto Co's current ratio of this year was 1.87805129. Hakuto Co's current ratio of last year was 2.3207899. ==> 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.

Hakuto Co's number of shares in issue this year was 18.824. Hakuto Co's number of shares in issue last year was 18.815. ==> 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
=28080/181178
=0.1549857

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=27878/183133
=0.15222816

Hakuto Co's gross margin of this year was 0.1549857. Hakuto Co's gross margin of last year was 0.15222816. ==> 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)
=181178/130376
=1.38965761

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=183133/137759
=1.32937231

Hakuto Co's asset turnover of this year was 1.38965761. Hakuto Co's asset turnover of last year was 1.32937231. ==> 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+1+0+0+0+1+1
=6

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

Hakuto Co 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?
Hakuto Co (TSE:7433) has a Piotroski F-Score of 6 as of Jul. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hakuto Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Hakuto Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Hakuto Co ranks #537 out of 2424 companies in the Hardware industry, placing it in the top 22.2%.
Is Hakuto Co's Piotroski F-Score too high?
Hakuto Co'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 3.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Hakuto Co's value of 6 is 20% above this industry median. Based on the distribution chart, Hakuto Co ranks #537 out of 2424 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hakuto Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hakuto Co's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Hakuto Co ranks #537 out of 2424 companies for Piotroski F-Score. This places Hakuto Co in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Hakuto Co's value of 6 is 20% above this benchmark. Historically, Hakuto Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Hakuto 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 a Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,424 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. Hakuto Co'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 Hakuto 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. Hakuto Co'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 Hakuto Co stock overvalued right now?
Based on GuruFocus' analysis, Hakuto Co (TSE:7433) is currently considered Fairly Valued. The stock's GF Value™ is 円4,237.44, compared to a current price of 円4,545.00 — trading 7.3% above 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 Hardware industry median of 5.00. Hakuto Co's overall GF Score™ is 69/100 with 7 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 Hakuto Co (TSE:7433), the current Piotroski F-Score is 6 as of Jul. 09, 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 Hakuto Co (TSE:7433) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuto Co stock appears to be overvalued. The current stock price of 円4,545.00 is trading 7.3% above its estimated GF Value™ of 円4,237.44. GuruFocus considers Hakuto Co to be Fairly Valued.

Key valuation signals for TSE:7433:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円4,237.44 vs. price of 円4,545.00 (7.3% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 20% above the Hardware median (#537 of 2424)

No single metric tells the full story. See the TSE:7433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuto Co Business Description

Address 1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.
69GF Score

Get the complete analysis for TSE:7433

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

円4,545.00
Price
円4,237.44
GF Value