Daiun Co (TSE:9363) Piotroski F-Score: 9 (As of Jul. 27, 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9363 Daiun Co Ltd TSE:9363
79 GF Score
Price 円526.00
GF Value 円514.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Daiun Co Piotroski F-Score?

Daiun Co TSE:9363 +2.94% 79 Piotroski F-Score is 9 as of Jul. 27, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates TSE:9363 with a GF Score™ of 79/100 and a GF Value™ of 円514.75 (Fairly Valued). The stock has 1 warning sign investors should review. Among 979 Transportation companies, Daiun Co ranks better than 99.9% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Daiun Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:9363' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 8   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Daiun Co was 9. The lowest was 5. And the median was 8.

Daiun Co  (TSE:9363) 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.


Daiun Co Piotroski F-Score Related Terms


Daiun Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daiun 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.

Daiun Co Piotroski F-Score Chart

Daiun 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 8.00 5.00 8.00 5.00 9.00

Daiun 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 8.00 0.00 5.00 0.00 9.00

TSE:9363 vs UPS, FDX, JBHT: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Daiun 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.


Daiun Co Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Daiun Co's Piotroski F-Score distribution charts can be found below:

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


TSE:9363
79GF Score
Daiun Co Ltd TSE:9363
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335 Mil.
Cash Flow from Operations was 円544 Mil.
Revenue was 円9,212 Mil.
Gross Profit was 円712 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5431.145 + 6148.894) / 2 = 円5790.0195 Mil.
Total Assets at the begining of this year (Mar25) was 円5,431 Mil.
Long-Term Debt & Capital Lease Obligation was 円291 Mil.
Total Current Assets was 円2,950 Mil.
Total Current Liabilities was 円1,275 Mil.
Net Income was 円270 Mil.

Revenue was 円8,672 Mil.
Gross Profit was 円604 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (5912.736 + 5431.145) / 2 = 円5671.9405 Mil.
Total Assets at the begining of last year (Mar24) was 円5,913 Mil.
Long-Term Debt & Capital Lease Obligation was 円390 Mil.
Total Current Assets was 円2,738 Mil.
Total Current Liabilities was 円1,222 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.

Daiun Co's current Net Income (TTM) was 335. ==> 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.

Daiun Co's current Cash Flow from Operations (TTM) was 544. ==> 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)
=334.697/5431.145
=0.0616255

ROA (Last Year)=Net Income/Total Assets (Mar24)
=269.543/5912.736
=0.04558685

Daiun Co's return on assets of this year was 0.0616255. Daiun Co's return on assets of last year was 0.04558685. ==> 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.

Daiun Co's current Net Income (TTM) was 335. Daiun Co's current Cash Flow from Operations (TTM) was 544. ==> 544 > 335 ==> 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
=291.467/5790.0195
=0.05033955

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=390.028/5671.9405
=0.06876447

Daiun Co's gearing of this year was 0.05033955. Daiun Co's gearing of last year was 0.06876447. ==> 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
=2950.093/1274.51
=2.314688

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2738.011/1221.96
=2.24067154

Daiun Co's current ratio of this year was 2.314688. Daiun Co's current ratio of last year was 2.24067154. ==> 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.

Daiun Co's number of shares in issue this year was 4.85. Daiun Co's number of shares in issue last year was 5.198. ==> 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
=711.69/9211.685
=0.07725948

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=603.671/8672.391
=0.06960837

Daiun Co's gross margin of this year was 0.07725948. Daiun Co's gross margin of last year was 0.06960837. ==> 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)
=9211.685/5431.145
=1.69608526

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=8672.391/5912.736
=1.46673063

Daiun Co's asset turnover of this year was 1.69608526. Daiun Co's asset turnover of last year was 1.46673063. ==> 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+1+1+1+1+1
=9

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

Daiun Co has an F-score of 9. 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 9 mean?
Daiun Co (TSE:9363) has a Piotroski F-Score of 9 as of Jul. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daiun Co and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, Daiun Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Daiun Co ranks #1 out of 979 companies in the Transportation industry, placing it in the top 0.099999999999994%.
Is Daiun Co's Piotroski F-Score too high?
Daiun Co's current Piotroski F-Score of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Daiun Co's value of 9 is 50% above this industry median. Based on the distribution chart, Daiun Co ranks #1 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Daiun 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 Daiun Co's Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Daiun Co ranks #1 out of 979 companies for Piotroski F-Score. This places Daiun Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Daiun Co's value of 9 is 50% above this benchmark. Historically, Daiun Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 6.00, Daiun 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 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. Daiun Co's current Piotroski F-Score of 9 is 50% 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 Daiun Co and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiun Co's current Piotroski F-Score is 9, which is 13% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiun Co stock overvalued right now?
Based on GuruFocus' analysis, Daiun Co (TSE:9363) is currently considered Fairly Valued. The stock's GF Value™ is 円514.75, compared to a current price of 円526.00 — trading 2.2% above its estimated fair value. The current Piotroski F-Score is 9, which is 13% above median its 10-year median of 8.00 and 50% above the Transportation industry median of 6.00. Daiun Co's overall GF Score™ is 79/100 with 1 warning sign 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 Daiun Co (TSE:9363), the current Piotroski F-Score is 9 as of Jul. 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 Daiun Co (TSE:9363) Overvalued in 2026?

Based on GuruFocus' analysis, Daiun Co stock appears to be overvalued. The current stock price of 円526.00 is trading 2.2% above its estimated GF Value™ of 円514.75. GuruFocus considers Daiun Co to be Fairly Valued.

Key valuation signals for TSE:9363:

  • Piotroski F-Score: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: 円514.75 vs. price of 円526.00 (2.2% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 50% above the Transportation median (#1 of 979)

No single metric tells the full story. See the TSE:9363 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiun Co Business Description

Address 1-3, 4-chome, Kyutaroumachi, Chuou-ku, Osaka, JPN, 541-0056
Daiun Co Ltd provides shipping and transportation services. Its business activities include services like maritime & port transportation and customs handling procedures, Seaborne forwarding, Accident insurance handling, Automobile damages, land & road transportation operations & warehousing & airfreight services.
79GF Score

Get the complete analysis for TSE:9363

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

円526.00
Price
円514.75
GF Value