AKEJF (Ariake Japan Co) Piotroski F-Score: 6 (As of Jun. 29, 2026) — Near Median


AKEJF Ariake Japan Co Ltd AKEJF
77 GF Score
Price $37.10
GF Value $43.74
! 4 Warning Signs
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What is Ariake Japan Co Piotroski F-Score?

Ariake Japan Co AKEJF 77 Piotroski F-Score is 6 as of Jun. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates AKEJF with a GF Score™ of 77/100 and a GF Value™ of $43.74. The stock has 4 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Ariake Japan Co ranks better than 73.28% 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

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

AKEJF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Ariake Japan Co was 9. The lowest was 3. And the median was 6.

Ariake Japan Co  (OTCPK:AKEJF) 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.


Ariake Japan Co Piotroski F-Score Related Terms


Ariake Japan Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ariake Japan 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.

Ariake Japan Co Piotroski F-Score Chart

Ariake Japan 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 4.00 3.00 7.00 9.00 6.00

Ariake Japan Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 9.00 0.00 0.00 0.00 6.00

AKEJF vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Ariake Japan 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.


Ariake Japan Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ariake Japan Co's Piotroski F-Score distribution charts can be found below:

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


AKEJF
77GF Score
Ariake Japan Co Ltd AKEJF
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 $59.6 Mil.
Cash Flow from Operations was $57.1 Mil.
Revenue was $422.0 Mil.
Gross Profit was $129.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (977.708 + 951.91) / 2 = $964.809 Mil.
Total Assets at the begining of this year (Mar25) was $977.7 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $515.3 Mil.
Total Current Liabilities was $61.4 Mil.
Net Income was $55.1 Mil.

Revenue was $438.8 Mil.
Gross Profit was $132.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (911.751 + 977.708) / 2 = $944.7295 Mil.
Total Assets at the begining of last year (Mar24) was $911.8 Mil.
Long-Term Debt & Capital Lease Obligation was $0.1 Mil.
Total Current Assets was $564.3 Mil.
Total Current Liabilities was $71.9 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.

Ariake Japan Co's current Net Income (TTM) was 59.6. ==> 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.

Ariake Japan Co's current Cash Flow from Operations (TTM) was 57.1. ==> 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)
=59.604/977.708
=0.06096299

ROA (Last Year)=Net Income/Total Assets (Mar24)
=55.055/911.751
=0.06038381

Ariake Japan Co's return on assets of this year was 0.06096299. Ariake Japan Co's return on assets of last year was 0.06038381. ==> 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.

Ariake Japan Co's current Net Income (TTM) was 59.6. Ariake Japan Co's current Cash Flow from Operations (TTM) was 57.1. ==> 57.1 <= 59.6 ==> 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
=0.032/964.809
=3.317E-5

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.066/944.7295
=6.986E-5

Ariake Japan Co's gearing of this year was 3.317E-5. Ariake Japan Co's gearing of last year was 6.986E-5. ==> 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
=515.285/61.418
=8.38980429

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=564.255/71.863
=7.85181526

Ariake Japan Co's current ratio of this year was 8.38980429. Ariake Japan Co's current ratio of last year was 7.85181526. ==> 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.

Ariake Japan Co's number of shares in issue this year was 31.849. Ariake Japan Co's number of shares in issue last year was 31.848. ==> 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
=129.663/421.955
=0.30729106

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=132.333/438.763
=0.30160474

Ariake Japan Co's gross margin of this year was 0.30729106. Ariake Japan Co's gross margin of last year was 0.30160474. ==> 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)
=421.955/977.708
=0.43157569

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=438.763/911.751
=0.48123117

Ariake Japan Co's asset turnover of this year was 0.43157569. Ariake Japan Co's asset turnover of last year was 0.48123117. ==> 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+0+1+1+0+1+0
=6

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

Ariake Japan 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?
Ariake Japan Co (AKEJF) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ariake Japan Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Ariake Japan Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Ariake Japan Co ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Ariake Japan Co's Piotroski F-Score too high?
Ariake Japan 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Ariake Japan Co's value of 6 is 20% above this industry median. Based on the distribution chart, Ariake Japan Co ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ariake Japan Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Ariake Japan Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ariake Japan Co ranks #510 out of 1909 companies for Piotroski F-Score. This puts Ariake Japan Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ariake Japan Co's value of 6 is 20% above this benchmark. Historically, Ariake Japan Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ariake Japan 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Ariake Japan Co's current Piotroski F-Score of 6 is 20% 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 Ariake Japan Co and its competitors. For the Consumer Packaged Goods 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. Ariake Japan 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 Ariake Japan Co stock overvalued right now?
Ariake Japan Co (AKEJF) has a current Piotroski F-Score of 6. The stock's GF Value™ is $43.74, compared to a current price of $37.10 — trading 15.2% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Ariake Japan Co's overall GF Score™ is 77/100 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 Ariake Japan Co (AKEJF), the current Piotroski F-Score is 6 as of Jun. 29, 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 Ariake Japan Co (AKEJF) Overvalued in 2026?

Based on GuruFocus' analysis, Ariake Japan Co stock appears to be undervalued. The current stock price of $37.10 is trading 15.2% below its estimated GF Value™ of $43.74.

Key valuation signals for AKEJF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $43.74 vs. price of $37.10 (15.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1909)

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


Ariake Japan Co Business Description

Other Exchanges 2815:Japan5EF:Germany
Address 3-2-17 Ebisu-Minami, Shibuya-ku, Tokyo, JPN, 150-0022
Ariake Japan Co Ltd is engaged in manufacturing, processing, and sale of natural seasonings, marine products, as well as agricultural and livestock products. The company also provides technical guidance related to its products and manages restaurants. The products are categorized into different uses including products for instant noodle manufacturers such as soup bases; products for hotels and restaurants such as sauces and soup stock; products for food processing companies such as curries, ham, and sausages; and products for export. The company primarily operates in Japan and also owns manufacturing sites in multiple countries such as China, the U.S., Netherlands, France, and Belgium.
77GF Score

Get the complete analysis for AKEJF

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

$37.10
Price
$43.74
GF Value