DAIKO Tsusan Co (TSE:7673) Piotroski F-Score: 8 (As of Jul. 22, 2026) — 14% Above Median

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TSE:7673 DAIKO Tsusan Co Ltd TSE:7673
80 GF Score
Price 円1,655.00
GF Value 円1,641.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is DAIKO Tsusan Co Piotroski F-Score?

DAIKO Tsusan Co TSE:7673 +0.12% 80 Piotroski F-Score is 8 as of Jul. 22, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates TSE:7673 with a GF Score™ of 80/100 and a GF Value™ of 円1,641.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,427 Hardware companies, DAIKO Tsusan Co ranks better than 98.72% 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

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

TSE:7673' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 10 years, the highest Piotroski F-Score of DAIKO Tsusan Co was 8. The lowest was 4. And the median was 7.

DAIKO Tsusan Co  (TSE:7673) 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.


DAIKO Tsusan Co Piotroski F-Score Related Terms


DAIKO Tsusan Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DAIKO Tsusan 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.

DAIKO Tsusan Co Piotroski F-Score Chart

DAIKO Tsusan Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 6.00 7.00 8.00

DAIKO Tsusan Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 8.00

TSE:7673 vs CSCO, CIEN, MSI: Piotroski F-Score Comparison

For the Communication Equipment subindustry, DAIKO Tsusan 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.


DAIKO Tsusan Co Piotroski F-Score vs Hardware Industry

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

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


TSE:7673
80GF Score
DAIKO Tsusan Co Ltd TSE:7673
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 (May26) TTM:Last Year (May25) TTM:
Net Income was 円916 Mil.
Cash Flow from Operations was 円999 Mil.
Revenue was 円21,984 Mil.
Gross Profit was 円3,283 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was (17587.107 + 17700.098) / 2 = 円17643.6025 Mil.
Total Assets at the begining of this year (May25) was 円17,587 Mil.
Long-Term Debt & Capital Lease Obligation was 円615 Mil.
Total Current Assets was 円13,189 Mil.
Total Current Liabilities was 円7,684 Mil.
Net Income was 円816 Mil.

Revenue was 円21,729 Mil.
Gross Profit was 円3,100 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was (16027.427 + 17587.107) / 2 = 円16807.267 Mil.
Total Assets at the begining of last year (May24) was 円16,027 Mil.
Long-Term Debt & Capital Lease Obligation was 円678 Mil.
Total Current Assets was 円13,055 Mil.
Total Current Liabilities was 円8,116 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.

DAIKO Tsusan Co's current Net Income (TTM) was 916. ==> 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.

DAIKO Tsusan Co's current Cash Flow from Operations (TTM) was 999. ==> 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 (May25)
=915.518/17587.107
=0.0520562

ROA (Last Year)=Net Income/Total Assets (May24)
=816.342/16027.427
=0.05093406

DAIKO Tsusan Co's return on assets of this year was 0.0520562. DAIKO Tsusan Co's return on assets of last year was 0.05093406. ==> 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.

DAIKO Tsusan Co's current Net Income (TTM) was 916. DAIKO Tsusan Co's current Cash Flow from Operations (TTM) was 999. ==> 999 > 916 ==> 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: May26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May25 to May26
=614.612/17643.6025
=0.03483484

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=677.602/16807.267
=0.04031601

DAIKO Tsusan Co's gearing of this year was 0.03483484. DAIKO Tsusan Co's gearing of last year was 0.04031601. ==> 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: May26)=Total Current Assets/Total Current Liabilities
=13189.493/7683.89
=1.71651247

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=13054.536/8116.461
=1.60840248

DAIKO Tsusan Co's current ratio of this year was 1.71651247. DAIKO Tsusan Co's current ratio of last year was 1.60840248. ==> 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.

DAIKO Tsusan Co's number of shares in issue this year was 5.333. DAIKO Tsusan Co's number of shares in issue last year was 5.333. ==> 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
=3282.537/21983.891
=0.14931556

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3099.913/21728.642
=0.14266483

DAIKO Tsusan Co's gross margin of this year was 0.14931556. DAIKO Tsusan Co's gross margin of last year was 0.14266483. ==> 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 (May25)
=21983.891/17587.107
=1.25000041

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=21728.642/16027.427
=1.35571617

DAIKO Tsusan Co's asset turnover of this year was 1.25000041. DAIKO Tsusan Co's asset turnover of last year was 1.35571617. ==> 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+1+1+1+1+1+0
=8

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

DAIKO Tsusan 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?
DAIKO Tsusan Co (TSE:7673) has a Piotroski F-Score of 8 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DAIKO Tsusan Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, DAIKO Tsusan Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, DAIKO Tsusan Co ranks #31 out of 2427 companies in the Hardware industry, placing it in the top 1.3%.
Is DAIKO Tsusan Co's Piotroski F-Score too high?
DAIKO Tsusan Co's current Piotroski F-Score of 8 is 14% above 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 8.00. The Hardware industry median Piotroski F-Score is 5.00. DAIKO Tsusan Co's value of 8 is 60% above this industry median. Based on the distribution chart, DAIKO Tsusan Co ranks #31 out of 2427 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DAIKO Tsusan Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DAIKO Tsusan Co's Piotroski F-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, DAIKO Tsusan Co ranks #31 out of 2427 companies for Piotroski F-Score. This places DAIKO Tsusan Co in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. DAIKO Tsusan Co's value of 8 is 60% above this benchmark. Historically, DAIKO Tsusan Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, DAIKO Tsusan 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 2,427 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. DAIKO Tsusan 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 DAIKO Tsusan 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. DAIKO Tsusan Co's current Piotroski F-Score is 8, which is 14% above 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 DAIKO Tsusan Co stock overvalued right now?
Based on GuruFocus' analysis, DAIKO Tsusan Co (TSE:7673) is currently considered Fairly Valued. The stock's GF Value™ is 円1,641.14, compared to a current price of 円1,655.00 — trading 0.8% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Hardware industry median of 5.00. DAIKO Tsusan Co's overall GF Score™ is 80/100 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 DAIKO Tsusan Co (TSE:7673), the current Piotroski F-Score is 8 as of Jul. 22, 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 DAIKO Tsusan Co (TSE:7673) Overvalued in 2026?

Based on GuruFocus' analysis, DAIKO Tsusan Co stock appears to be overvalued. The current stock price of 円1,655.00 is trading 0.8% above its estimated GF Value™ of 円1,641.14. GuruFocus considers DAIKO Tsusan Co to be Fairly Valued.

Key valuation signals for TSE:7673:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: 円1,641.14 vs. price of 円1,655.00 (0.8% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 60% above the Hardware median (#31 of 2427)

No single metric tells the full story. See the TSE:7673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DAIKO Tsusan Co Business Description

Address 6-11 Himehara 3-chome, Ehime Prefecture, Matsuyama, JPN, 791-8012
DAIKO Tsusan Co Ltd provides Community Access Television (CATV) and telecommunications products.
80GF Score

Get the complete analysis for TSE:7673

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

円1,655.00
Price
円1,641.14
GF Value