Toyoda Gosei Co (FRA:11T) Piotroski F-Score: 7 (As of Jun. 27, 2026) — 17% Above Median


FRA:11T Toyoda Gosei Co Ltd FRA:11T
80 GF Score
Price €27.60
GF Value €17.78
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Toyoda Gosei Co Piotroski F-Score?

Toyoda Gosei Co FRA:11T +2.22% 80 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates FRA:11T with a GF Score™ of 80/100 and a GF Value™ of €17.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,287 Vehicles & Parts companies, Toyoda Gosei Co ranks better than 89.12% 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

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

FRA:11T' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Toyoda Gosei Co was 8. The lowest was 4. And the median was 6.

Toyoda Gosei Co  (FRA:11T) 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.


Toyoda Gosei Co Piotroski F-Score Related Terms


Toyoda Gosei Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Toyoda Gosei 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.

Toyoda Gosei Co Piotroski F-Score Chart

Toyoda Gosei 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 7.00 8.00 7.00 7.00

Toyoda Gosei 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 6.00 7.00 6.00 7.00

FRA:11T vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Toyoda Gosei 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.


Toyoda Gosei Co Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Piotroski F-Score distribution charts can be found below:

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


FRA:11T
80GF Score
Toyoda Gosei Co Ltd FRA:11T
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 80.847 + 82.15 + 88.53 + 98.753 = €350 Mil.
Cash Flow from Operations was 250.631 + 145.873 + 188.853 + 164.237 = €750 Mil.
Revenue was 1562.68 + 1585.89 + 1615.668 + 1723.397 = €6,488 Mil.
Gross Profit was 246.88 + 222.832 + 255.967 + 325.04 = €1,051 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5666.005 + 5469.517 + 5433.96 + 5547.837 + 5412.465) / 5 = €5505.9568 Mil.
Total Assets at the begining of this year (Mar25) was €5,666 Mil.
Long-Term Debt & Capital Lease Obligation was €417 Mil.
Total Current Assets was €2,654 Mil.
Total Current Liabilities was €1,356 Mil.
Net Income was 69.672 + 40.155 + 87.277 + 25.22 = €222 Mil.

Revenue was 1555.601 + 1585.785 + 1682.68 + 1693.176 = €6,517 Mil.
Gross Profit was 230.696 + 223.325 + 246.588 + 285.398 = €986 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(5731.46 + 5696.231 + 5721.994 + 5911.838 + 5666.005) / 5 = €5745.5056 Mil.
Total Assets at the begining of last year (Mar24) was €5,731 Mil.
Long-Term Debt & Capital Lease Obligation was €561 Mil.
Total Current Assets was €2,719 Mil.
Total Current Liabilities was €1,152 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.

Toyoda Gosei Co's current Net Income (TTM) was 350. ==> 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.

Toyoda Gosei Co's current Cash Flow from Operations (TTM) was 750. ==> 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)
=350.28/5666.005
=0.06182134

ROA (Last Year)=Net Income/Total Assets (Mar24)
=222.324/5731.46
=0.03879012

Toyoda Gosei Co's return on assets of this year was 0.06182134. Toyoda Gosei Co's return on assets of last year was 0.03879012. ==> 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.

Toyoda Gosei Co's current Net Income (TTM) was 350. Toyoda Gosei Co's current Cash Flow from Operations (TTM) was 750. ==> 750 > 350 ==> 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
=417.159/5505.9568
=0.07576503

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=561.351/5745.5056
=0.09770263

Toyoda Gosei Co's gearing of this year was 0.07576503. Toyoda Gosei Co's gearing of last year was 0.09770263. ==> 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
=2654.297/1355.87
=1.95763384

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2718.995/1152.483
=2.35924955

Toyoda Gosei Co's current ratio of this year was 1.95763384. Toyoda Gosei Co's current ratio of last year was 2.35924955. ==> 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.

Toyoda Gosei Co's number of shares in issue this year was 127.102. Toyoda Gosei Co's number of shares in issue last year was 125.621. ==> 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
=1050.719/6487.635
=0.16195717

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=986.007/6517.242
=0.15129206

Toyoda Gosei Co's gross margin of this year was 0.16195717. Toyoda Gosei Co's gross margin of last year was 0.15129206. ==> 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)
=6487.635/5666.005
=1.14501046

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6517.242/5731.46
=1.1370998

Toyoda Gosei Co's asset turnover of this year was 1.14501046. Toyoda Gosei Co's asset turnover of last year was 1.1370998. ==> 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

Toyoda Gosei 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?
Toyoda Gosei Co (FRA:11T) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Toyoda Gosei Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Toyoda Gosei Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Toyoda Gosei Co ranks #140 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 10.9%.
Is Toyoda Gosei Co's Piotroski F-Score too high?
Toyoda Gosei Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Toyoda Gosei Co's value of 7 is 40% above this industry median. Based on the distribution chart, Toyoda Gosei Co ranks #140 out of 1287 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Toyoda Gosei Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyoda Gosei Co's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Toyoda Gosei Co ranks #140 out of 1287 companies for Piotroski F-Score. This places Toyoda Gosei Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Toyoda Gosei Co's value of 7 is 40% above this benchmark. Historically, Toyoda Gosei 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 6.00 vs. the industry median of 5.00, Toyoda Gosei 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. Toyoda Gosei Co's current Piotroski F-Score of 7 is 40% 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 Toyoda Gosei Co and its competitors. For the Vehicles & Parts 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. Toyoda Gosei Co's current Piotroski F-Score is 7, which is 17% above 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 Toyoda Gosei Co stock overvalued right now?
Based on GuruFocus' analysis, Toyoda Gosei Co (FRA:11T) is currently considered Significantly Overvalued. The stock's GF Value™ is €17.78, compared to a current price of €27.60 — trading 55.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. Toyoda Gosei Co's overall GF Score™ is 80/100 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 Toyoda Gosei Co (FRA:11T), the current Piotroski F-Score is 7 as of Jun. 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 Toyoda Gosei Co (FRA:11T) Overvalued in 2026?

Based on GuruFocus' analysis, Toyoda Gosei Co stock appears to be overvalued. The current stock price of €27.60 is trading 55.2% above its estimated GF Value™ of €17.78. GuruFocus considers Toyoda Gosei Co to be Significantly Overvalued.

Key valuation signals for FRA:11T:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €17.78 vs. price of €27.60 (55.2% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 40% above the Vehicles & Parts median (#140 of 1287)

No single metric tells the full story. See the FRA:11T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyoda Gosei Co Business Description

Other Exchanges 7282:Japan
Address 1 Haruhinagahata, Aichi, Kiyosu, JPN, 452-8564
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.
80GF Score

Get the complete analysis for FRA:11T

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

€27.60
Price
€17.78
GF Value