EJPRF (East Japan Railway Co) Piotroski F-Score: 8 (As of Jun. 29, 2026) — 14% Above Median


EJPRF East Japan Railway Co EJPRF
67 GF Score
Price $20.66
GF Value $22.19
Valuation Fairly Valued
! 3 Warning Signs
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What is East Japan Railway Co Piotroski F-Score?

East Japan Railway Co EJPRF -6.47% 67 Piotroski F-Score is 8 as of Jun. 29, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates EJPRF with a GF Score™ of 67/100 and a GF Value™ of $22.19 (Fairly Valued). The stock has 3 warning signs investors should review. Among 973 Transportation companies, East Japan Railway Co ranks better than 97.43% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

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

EJPRF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of East Japan Railway Co was 9. The lowest was 2. And the median was 7.

East Japan Railway Co  (OTCPK:EJPRF) 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.


East Japan Railway Co Piotroski F-Score Related Terms


East Japan Railway Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for East Japan Railway 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.

East Japan Railway Co Piotroski F-Score Chart

East Japan Railway 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 8.00 9.00 7.00 8.00

East Japan Railway 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 7.00 0.00 0.00 0.00 8.00

EJPRF vs UNP, CSX, NSC: Piotroski F-Score Comparison

For the Railroads subindustry, East Japan Railway 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.


East Japan Railway Co Piotroski F-Score vs Transportation Industry

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

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


EJPRF
67GF Score
East Japan Railway Co EJPRF
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 $1,562 Mil.
Cash Flow from Operations was $4,821 Mil.
Revenue was $19,439 Mil.
Gross Profit was $7,132 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (68256.996 + 68190.962) / 2 = $68223.979 Mil.
Total Assets at the begining of this year (Mar25) was $68,257 Mil.
Long-Term Debt & Capital Lease Obligation was $28,895 Mil.
Total Current Assets was $8,947 Mil.
Total Current Liabilities was $11,533 Mil.
Net Income was $1,505 Mil.

Revenue was $19,372 Mil.
Gross Profit was $6,924 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (65222.069 + 68256.996) / 2 = $66739.5325 Mil.
Total Assets at the begining of last year (Mar24) was $65,222 Mil.
Long-Term Debt & Capital Lease Obligation was $28,844 Mil.
Total Current Assets was $8,386 Mil.
Total Current Liabilities was $11,687 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.

East Japan Railway Co's current Net Income (TTM) was 1,562. ==> 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.

East Japan Railway Co's current Cash Flow from Operations (TTM) was 4,821. ==> 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)
=1561.897/68256.996
=0.02288259

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1504.687/65222.069
=0.02307021

East Japan Railway Co's return on assets of this year was 0.02288259. East Japan Railway Co's return on assets of last year was 0.02307021. ==> 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.

East Japan Railway Co's current Net Income (TTM) was 1,562. East Japan Railway Co's current Cash Flow from Operations (TTM) was 4,821. ==> 4,821 > 1,562 ==> 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
=28895.45/68223.979
=0.42353803

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=28843.809/66739.5325
=0.43218476

East Japan Railway Co's gearing of this year was 0.42353803. East Japan Railway Co's gearing of last year was 0.43218476. ==> 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
=8946.974/11532.53
=0.77580323

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8386.241/11686.69
=0.71758907

East Japan Railway Co's current ratio of this year was 0.77580323. East Japan Railway Co's current ratio of last year was 0.71758907. ==> 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.

East Japan Railway Co's number of shares in issue this year was 1129.558. East Japan Railway Co's number of shares in issue last year was 1131.121. ==> 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
=7132.397/19439.29
=0.36690625

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6923.74/19372.062
=0.35740852

East Japan Railway Co's gross margin of this year was 0.36690625. East Japan Railway Co's gross margin of last year was 0.35740852. ==> 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)
=19439.29/68256.996
=0.28479557

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=19372.062/65222.069
=0.29701698

East Japan Railway Co's asset turnover of this year was 0.28479557. East Japan Railway Co's asset turnover of last year was 0.29701698. ==> 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+0+1+1+1+1+1+0
=7

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

East Japan Railway 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 8 mean?
East Japan Railway Co (EJPRF) has a Piotroski F-Score of 8 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on East Japan Railway Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, East Japan Railway Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, East Japan Railway Co ranks #25 out of 973 companies in the Transportation industry, placing it in the top 2.6%.
Is East Japan Railway Co's Piotroski F-Score too high?
East Japan Railway Co's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. East Japan Railway Co's value of 8 is 33.3% above this industry median. Based on the distribution chart, East Japan Railway Co ranks #25 out of 973 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, East Japan Railway Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does East Japan Railway Co's Piotroski F-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, East Japan Railway Co ranks #25 out of 973 companies for Piotroski F-Score. This places East Japan Railway Co in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. East Japan Railway Co's value of 8 is 33.3% above this benchmark. Historically, East Japan Railway Co'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 7.00 vs. the industry median of 6.00, East Japan Railway 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. East Japan Railway Co's current Piotroski F-Score of 8 is 33.3% 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 East Japan Railway 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. East Japan Railway Co's current Piotroski F-Score is 8, which is 14% above 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 East Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, East Japan Railway Co (EJPRF) is currently considered Fairly Valued. The stock's GF Value™ is $22.19, compared to a current price of $20.66 — trading 6.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the Transportation industry median of 6.00. East Japan Railway Co's overall GF Score™ is 67/100 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 East Japan Railway Co (EJPRF), the current Piotroski F-Score is 8 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 East Japan Railway Co (EJPRF) Overvalued in 2026?

Based on GuruFocus' analysis, East Japan Railway Co stock appears to be undervalued. The current stock price of $20.66 is trading 6.9% below its estimated GF Value™ of $22.19. GuruFocus considers East Japan Railway Co to be Fairly Valued.

Key valuation signals for EJPRF:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $22.19 vs. price of $20.66 (6.9% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 33.3% above the Transportation median (#25 of 973)

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


East Japan Railway Co Business Description

Address 2-2-2 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-8578
East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.
67GF Score

Get the complete analysis for EJPRF

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

$20.66
Price
$22.19
GF Value