Miroku (TSE:7983) Piotroski F-Score: 5 (As of Jun. 27, 2026) — Near Median


TSE:7983 Miroku Corp TSE:7983
54 GF Score
Price 円1,055.00
GF Value 円1,411.29
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Miroku Piotroski F-Score?

Miroku TSE:7983 -0.94% 54 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:7983 with a GF Score™ of 54/100 and a GF Value™ of 円1,411.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,979 Industrial Products companies, Miroku ranks better than 56.63% 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

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

TSE:7983' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Miroku was 9. The lowest was 2. And the median was 5.

Miroku  (TSE:7983) 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.


Miroku Piotroski F-Score Related Terms


Miroku Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Miroku'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.

Miroku Piotroski F-Score Chart

Miroku Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 3.00 2.00 5.00

Miroku Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 2.00 0.00 5.00 0.00

TSE:7983 vs SNA, RBC, LECO: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Miroku'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.


Miroku Piotroski F-Score vs Industrial Products Industry

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

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


TSE:7983
54GF Score
Miroku Corp TSE:7983
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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was 円-2,525 Mil.
Cash Flow from Operations was 円1,237 Mil.
Revenue was 円12,518 Mil.
Gross Profit was 円1,235 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (22619.854 + 21869.169) / 2 = 円22244.5115 Mil.
Total Assets at the begining of this year (Oct24) was 円22,620 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,100 Mil.
Total Current Assets was 円10,457 Mil.
Total Current Liabilities was 円4,304 Mil.
Net Income was 円-2,294 Mil.

Revenue was 円10,918 Mil.
Gross Profit was 円768 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (20904.602 + 22619.854) / 2 = 円21762.228 Mil.
Total Assets at the begining of last year (Oct23) was 円20,905 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,980 Mil.
Total Current Assets was 円10,490 Mil.
Total Current Liabilities was 円3,799 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.

Miroku's current Net Income (TTM) was -2,525. ==> Negative ==> Score 0.

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.

Miroku's current Cash Flow from Operations (TTM) was 1,237. ==> 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 (Oct24)
=-2525.115/22619.854
=-0.11163268

ROA (Last Year)=Net Income/Total Assets (Oct23)
=-2294.18/20904.602
=-0.10974521

Miroku's return on assets of this year was -0.11163268. Miroku's return on assets of last year was -0.10974521. ==> Last year is higher ==> Score 0.

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.

Miroku's current Net Income (TTM) was -2,525. Miroku's current Cash Flow from Operations (TTM) was 1,237. ==> 1,237 > -2,525 ==> 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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=5100/22244.5115
=0.22927004

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=3980/21762.228
=0.18288569

Miroku's gearing of this year was 0.22927004. Miroku's gearing of last year was 0.18288569. ==> 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: Oct25)=Total Current Assets/Total Current Liabilities
=10456.613/4304.327
=2.42932589

Current Ratio (Last Year: Oct24)=Total Current Assets/Total Current Liabilities
=10490.484/3799.307
=2.76115723

Miroku's current ratio of this year was 2.42932589. Miroku's current ratio of last year was 2.76115723. ==> 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.

Miroku's number of shares in issue this year was 2.95. Miroku's number of shares in issue last year was 2.95. ==> 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
=1235.21/12518.322
=0.09867217

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=767.956/10918.396
=0.07033597

Miroku's gross margin of this year was 0.09867217. Miroku's gross margin of last year was 0.07033597. ==> 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 (Oct24)
=12518.322/22619.854
=0.55342187

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=10918.396/20904.602
=0.52229629

Miroku's asset turnover of this year was 0.55342187. Miroku's asset turnover of last year was 0.52229629. ==> 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
=0+1+0+1+0+0+1+1+1
=5

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

Miroku 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?
Miroku (TSE:7983) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Miroku and its competitors. This is near median its historical median of 5.00. Over the past decade, Miroku's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Miroku ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Miroku's Piotroski F-Score too high?
Miroku'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 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Miroku's value of 5 is 0% at this industry median. Based on the distribution chart, Miroku ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Miroku has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miroku's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Miroku ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Miroku in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Miroku's value of 5 is 0% at this benchmark. Historically, Miroku's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Miroku 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 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. Miroku'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 Miroku 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. Miroku'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 Miroku stock overvalued right now?
Based on GuruFocus' analysis, Miroku (TSE:7983) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,411.29, compared to a current price of 円1,055.00 — trading 25.2% below 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 Industrial Products industry median of 5.00. Miroku's overall GF Score™ is 54/100 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 Miroku (TSE:7983), the current Piotroski F-Score is 5 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 Miroku (TSE:7983) Overvalued in 2026?

Based on GuruFocus' analysis, Miroku stock appears to be undervalued. The current stock price of 円1,055.00 is trading 25.2% below its estimated GF Value™ of 円1,411.29. GuruFocus considers Miroku to be Modestly Undervalued.

Key valuation signals for TSE:7983:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円1,411.29 vs. price of 円1,055.00 (25.2% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 0% at the Industrial Products median (#1292 of 2979)

No single metric tells the full story. See the TSE:7983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miroku Business Description

Address 537-1 Shinohara, Nankoku, Kochi, JPN, 783-0006
Miroku Corp is engaged in manufacturing and selling hunting guns, machine tools, and automotive-related products. Its products include shotguns, rifles for sports, and hunting gun-related goods, hole drilling machines and industrial tools, steering wheels, and automotive-related products. The company generates sales from locations in Japan, America, Belgium, and others. The company has three business segments: the Hunting gun business, the Working machinery Business, IT/IoT/AI Business.
54GF Score

Get the complete analysis for TSE:7983

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

円1,055.00
Price
円1,411.29
GF Value