Uematsu Shokai Co (TSE:9914) Piotroski F-Score: 6 (As of Jul. 12, 2026) — Near Median


TSE:9914 Uematsu Shokai Co Ltd TSE:9914
60 GF Score
Price 円729.00
GF Value 円982.31
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Uematsu Shokai Co Piotroski F-Score?

Uematsu Shokai Co TSE:9914 +0.55% 60 Piotroski F-Score is 6 as of Jul. 12, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:9914 with a GF Score™ of 60/100 and a GF Value™ of 円982.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 151 Industrial Distribution companies, Uematsu Shokai Co ranks better than 70.86% 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

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

TSE:9914' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Uematsu Shokai Co was 8. The lowest was 3. And the median was 6.

Uematsu Shokai Co  (TSE:9914) 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.


Uematsu Shokai Co Piotroski F-Score Related Terms


Uematsu Shokai Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Uematsu Shokai 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.

Uematsu Shokai Co Piotroski F-Score Chart

Uematsu Shokai 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 5.00 4.00 6.00 5.00 6.00

Uematsu Shokai 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 6.00 0.00 5.00 0.00 6.00

TSE:9914 vs GWW, FAST, FERG: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, Uematsu Shokai 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.


Uematsu Shokai Co Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Uematsu Shokai Co's Piotroski F-Score distribution charts can be found below:

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


TSE:9914
60GF Score
Uematsu Shokai Co Ltd TSE:9914
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124 Mil.
Cash Flow from Operations was 円-6 Mil.
Revenue was 円6,632 Mil.
Gross Profit was 円948 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (4997.268 + 4830.087) / 2 = 円4913.6775 Mil.
Total Assets at the begining of this year (Mar25) was 円4,997 Mil.
Long-Term Debt & Capital Lease Obligation was 円22 Mil.
Total Current Assets was 円2,730 Mil.
Total Current Liabilities was 円1,251 Mil.
Net Income was 円86 Mil.

Revenue was 円6,306 Mil.
Gross Profit was 円911 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (5431.335 + 4997.268) / 2 = 円5214.3015 Mil.
Total Assets at the begining of last year (Mar24) was 円5,431 Mil.
Long-Term Debt & Capital Lease Obligation was 円33 Mil.
Total Current Assets was 円3,077 Mil.
Total Current Liabilities was 円1,640 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.

Uematsu Shokai Co's current Net Income (TTM) was 124. ==> 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.

Uematsu Shokai Co's current Cash Flow from Operations (TTM) was -6. ==> Negative ==> Score 0.

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)
=124.09/4997.268
=0.02483157

ROA (Last Year)=Net Income/Total Assets (Mar24)
=86.197/5431.335
=0.01587032

Uematsu Shokai Co's return on assets of this year was 0.02483157. Uematsu Shokai Co's return on assets of last year was 0.01587032. ==> 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.

Uematsu Shokai Co's current Net Income (TTM) was 124. Uematsu Shokai Co's current Cash Flow from Operations (TTM) was -6. ==> -6 <= 124 ==> CFROA <= ROA ==> Score 0.

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
=22.111/4913.6775
=0.00449989

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=32.946/5214.3015
=0.00631839

Uematsu Shokai Co's gearing of this year was 0.00449989. Uematsu Shokai Co's gearing of last year was 0.00631839. ==> 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
=2730.05/1251.385
=2.18162276

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3076.652/1640.245
=1.8757271

Uematsu Shokai Co's current ratio of this year was 2.18162276. Uematsu Shokai Co's current ratio of last year was 1.8757271. ==> 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.

Uematsu Shokai Co's number of shares in issue this year was 2.242. Uematsu Shokai Co's number of shares in issue last year was 2.242. ==> 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
=948.386/6631.689
=0.14300821

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=911.353/6306.303
=0.14451462

Uematsu Shokai Co's gross margin of this year was 0.14300821. Uematsu Shokai Co's gross margin of last year was 0.14451462. ==> Last year's gross margin is higher ==> Score 0.

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)
=6631.689/4997.268
=1.32706291

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6306.303/5431.335
=1.16109631

Uematsu Shokai Co's asset turnover of this year was 1.32706291. Uematsu Shokai Co's asset turnover of last year was 1.16109631. ==> 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+0+1+0+1+1+1+0+1
=6

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

Uematsu Shokai 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?
Uematsu Shokai Co (TSE:9914) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Uematsu Shokai Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Uematsu Shokai Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Uematsu Shokai Co ranks #44 out of 151 companies in the Industrial Distribution industry, placing it in the top 29.1%.
Is Uematsu Shokai Co's Piotroski F-Score too high?
Uematsu Shokai 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 8.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Uematsu Shokai Co's value of 6 is 0% at this industry median. Based on the distribution chart, Uematsu Shokai Co ranks #44 out of 151 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Uematsu Shokai Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uematsu Shokai Co's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Uematsu Shokai Co ranks #44 out of 151 companies for Piotroski F-Score. This puts Uematsu Shokai Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Uematsu Shokai Co's value of 6 is 0% at this benchmark. Historically, Uematsu Shokai Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Uematsu Shokai Co 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 Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 151 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. Uematsu Shokai Co's current Piotroski F-Score of 6 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 Uematsu Shokai Co and its competitors. For the Industrial Distribution 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. Uematsu Shokai 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 Uematsu Shokai Co stock overvalued right now?
Based on GuruFocus' analysis, Uematsu Shokai Co (TSE:9914) is currently considered Modestly Undervalued. The stock's GF Value™ is 円982.31, compared to a current price of 円729.00 — trading 25.8% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Industrial Distribution industry median of 6.00. Uematsu Shokai Co's overall GF Score™ is 60/100 with 2 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 Uematsu Shokai Co (TSE:9914), the current Piotroski F-Score is 6 as of Jul. 12, 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 Uematsu Shokai Co (TSE:9914) Overvalued in 2026?

Based on GuruFocus' analysis, Uematsu Shokai Co stock appears to be undervalued. The current stock price of 円729.00 is trading 25.8% below its estimated GF Value™ of 円982.31. GuruFocus considers Uematsu Shokai Co to be Modestly Undervalued.

Key valuation signals for TSE:9914:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円982.31 vs. price of 円729.00 (25.8% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 0% at the Industrial Distribution median (#44 of 151)

No single metric tells the full story. See the TSE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Uematsu Shokai Co Business Description

Other Exchanges 9914:Japan
Address 3 -7- 5 Orishimachi ,Wakabayashi Ward, Sendai, JPN
Uematsu Shokai Co Ltd sells industrial machinery and machine tools. The company provides machine tools, machine tool accessories, industrial machinery, conductors, and environmental products. Its products include various field machine tools, such as electronic discharge machines, grinders, metalworking machinery, steel working machinery, and CAD/CAM products. The company operates in a single segment, selling machinery, tools, and industrial machinery and equipment.
60GF Score

Get the complete analysis for TSE:9914

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

円729.00
Price
円982.31
GF Value