Daito Koun Co (TSE:9367) Piotroski F-Score: 7 (As of Jun. 28, 2026) — Near Median


TSE:9367 Daito Koun Co Ltd TSE:9367
62 GF Score
Price 円1,821.00
GF Value 円823.98
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Daito Koun Co Piotroski F-Score?

Daito Koun Co TSE:9367 +0.66% 62 Piotroski F-Score is 7 as of Jun. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:9367 with a GF Score™ of 62/100 and a GF Value™ of 円823.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 973 Transportation companies, Daito Koun Co ranks better than 86.84% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Daito Koun Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:9367' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Daito Koun Co was 8. The lowest was 4. And the median was 7.

Daito Koun Co  (TSE:9367) 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.


Daito Koun Co Piotroski F-Score Related Terms


Daito Koun Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daito Koun 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.

Daito Koun Co Piotroski F-Score Chart

Daito Koun 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 4.00 4.00 5.00 7.00

Daito Koun 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 4.00 0.00 5.00 0.00 7.00

Daito Koun Co Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Daito Koun 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.


Daito Koun Co Piotroski F-Score vs Transportation Industry

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

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


TSE:9367
62GF Score
Daito Koun Co Ltd TSE:9367
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870 Mil.
Cash Flow from Operations was 円885 Mil.
Revenue was 円18,132 Mil.
Gross Profit was 円5,224 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (15190.092 + 15791.116) / 2 = 円15490.604 Mil.
Total Assets at the begining of this year (Mar25) was 円15,190 Mil.
Long-Term Debt & Capital Lease Obligation was 円841 Mil.
Total Current Assets was 円7,092 Mil.
Total Current Liabilities was 円3,596 Mil.
Net Income was 円617 Mil.

Revenue was 円16,761 Mil.
Gross Profit was 円4,644 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (14736.96 + 15190.092) / 2 = 円14963.526 Mil.
Total Assets at the begining of last year (Mar24) was 円14,737 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,764 Mil.
Total Current Assets was 円7,519 Mil.
Total Current Liabilities was 円3,239 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.

Daito Koun Co's current Net Income (TTM) was 870. ==> 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.

Daito Koun Co's current Cash Flow from Operations (TTM) was 885. ==> 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)
=869.905/15190.092
=0.05726792

ROA (Last Year)=Net Income/Total Assets (Mar24)
=617.262/14736.96
=0.0418853

Daito Koun Co's return on assets of this year was 0.05726792. Daito Koun Co's return on assets of last year was 0.0418853. ==> 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.

Daito Koun Co's current Net Income (TTM) was 870. Daito Koun Co's current Cash Flow from Operations (TTM) was 885. ==> 885 > 870 ==> 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
=841.185/15490.604
=0.05430292

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1764.424/14963.526
=0.11791499

Daito Koun Co's gearing of this year was 0.05430292. Daito Koun Co's gearing of last year was 0.11791499. ==> 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
=7091.61/3595.744
=1.97222327

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=7519.413/3239.337
=2.32128148

Daito Koun Co's current ratio of this year was 1.97222327. Daito Koun Co's current ratio of last year was 2.32128148. ==> 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.

Daito Koun Co's number of shares in issue this year was 8.639. Daito Koun Co's number of shares in issue last year was 8.623. ==> 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
=5223.704/18132.106
=0.28809141

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4644.471/16761.492
=0.27709174

Daito Koun Co's gross margin of this year was 0.28809141. Daito Koun Co's gross margin of last year was 0.27709174. ==> 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)
=18132.106/15190.092
=1.1936798

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=16761.492/14736.96
=1.13737786

Daito Koun Co's asset turnover of this year was 1.1936798. Daito Koun Co's asset turnover of last year was 1.13737786. ==> 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+0+0+1+1
=7

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

Daito Koun Co has an F-score of 7. 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 7 mean?
Daito Koun Co (TSE:9367) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daito Koun Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Daito Koun Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Daito Koun Co ranks #128 out of 973 companies in the Transportation industry, placing it in the top 13.2%.
Is Daito Koun Co's Piotroski F-Score too high?
Daito Koun Co's current Piotroski F-Score of 7 is near 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 Transportation industry median Piotroski F-Score is 6.00. Daito Koun Co's value of 7 is 16.7% above this industry median. Based on the distribution chart, Daito Koun Co ranks #128 out of 973 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Daito Koun Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Koun Co's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Daito Koun Co ranks #128 out of 973 companies for Piotroski F-Score. This places Daito Koun Co in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Daito Koun Co's value of 7 is 16.7% above this benchmark. Historically, Daito Koun 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 6.00, Daito Koun 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 973 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. Daito Koun Co's current Piotroski F-Score of 7 is 16.7% 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 Daito Koun 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. Daito Koun Co's current Piotroski F-Score is 7, which is near 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 Daito Koun Co stock overvalued right now?
Based on GuruFocus' analysis, Daito Koun Co (TSE:9367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円823.98, compared to a current price of 円1,821.00 — trading 121% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 16.7% above the Transportation industry median of 6.00. Daito Koun Co's overall GF Score™ is 62/100 with 3 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 Daito Koun Co (TSE:9367), the current Piotroski F-Score is 7 as of Jun. 28, 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 Daito Koun Co (TSE:9367) Overvalued in 2026?

Based on GuruFocus' analysis, Daito Koun Co stock appears to be overvalued. The current stock price of 円1,821.00 is trading 121% above its estimated GF Value™ of 円823.98. GuruFocus considers Daito Koun Co to be Significantly Overvalued.

Key valuation signals for TSE:9367:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円823.98 vs. price of 円1,821.00 (121% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 16.7% above the Transportation median (#128 of 973)

No single metric tells the full story. See the TSE:9367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daito Koun Co Business Description

Address 4-6-8 Shibaura, Minato-ku, 7th Floor, Tamachi First Building, Tokyo, JPN, 108-0023
Daito Koun Co Ltd is a Japanese firm which provides marine transportation services. It handles various types of cargo, including refrigerated food, as well as offers import freight, export freight, shipping agency, and customs brokerage services. It also provides port transportation that carries out cargo shipment, landing, handling.
62GF Score

Get the complete analysis for TSE:9367

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

円1,821.00
Price
円823.98
GF Value