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Shizuoka Gas CoFRA:1KS 76 Piotroski F-Score is 6 as of Jul. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:1KS with a GF Score™ of 76/100 and a GF Value™ of €5.33 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 490 Utilities - Regulated companies, Shizuoka Gas Co ranks better than 69.18% 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
Shizuoka Gas Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Shizuoka Gas Co's Piotroski F-Score or its related term are showing as below:
FRA:1KS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Shizuoka Gas Co was 7. The lowest was 4. And the median was 6.
Shizuoka Gas Co (FRA:1KS) 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.
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.
Shizuoka Gas Co Piotroski F-Score Related Terms
Shizuoka Gas Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Shizuoka Gas 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.
For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.
Shizuoka Gas Co Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shizuoka Gas Co's Piotroski F-Score falls into.
* 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.
*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.
Shizuoka Gas Co's current Net Income (TTM) was 55.
==> 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.
Shizuoka Gas Co's return on assets of this year was 0.05208053. Shizuoka Gas Co's return on assets of last year was 0.05529969.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shizuoka Gas Co's gearing of this year was 0.07881624. Shizuoka Gas Co's gearing of last year was 0.09804757.
==> 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
Shizuoka Gas Co's current ratio of this year was 2.07758802. Shizuoka Gas Co's current ratio of last year was 3.24541557.
==> 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.
Shizuoka Gas Co's number of shares in issue this year was 75.351. Shizuoka Gas Co's number of shares in issue last year was 75.105.
==> 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.
Shizuoka Gas Co's gross margin of this year was 0.22437573. Shizuoka Gas Co's gross margin of last year was 0.19646779.
==> 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
Shizuoka Gas Co's asset turnover of this year was 1.04289764. Shizuoka Gas Co's asset turnover of last year was 1.27435092.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shizuoka Gas Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Shizuoka Gas Co (FRA:1KS) has a Piotroski F-Score of 6 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shizuoka Gas Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Shizuoka Gas Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Shizuoka Gas Co ranks #151 out of 490 companies in the Utilities - Regulated industry, placing it in the top 30.8%.
Is Shizuoka Gas Co's Piotroski F-Score too high?
Shizuoka Gas 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 4.00 to a high of 7.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Shizuoka Gas Co's value of 6 is 0% at this industry median. Based on the distribution chart, Shizuoka Gas Co ranks #151 out of 490 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shizuoka Gas Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shizuoka Gas Co's Piotroski F-Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shizuoka Gas Co ranks #151 out of 490 companies for Piotroski F-Score. This puts Shizuoka Gas Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Shizuoka Gas Co's value of 6 is 0% at this benchmark. Historically, Shizuoka Gas Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Shizuoka Gas 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 Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 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. Shizuoka Gas 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 Shizuoka Gas Co and its competitors. For the Utilities - Regulated 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. Shizuoka Gas 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 Shizuoka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shizuoka Gas Co (FRA:1KS) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.33, compared to a current price of €6.45 — trading 21% above 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 Utilities - Regulated industry median of 6.00. Shizuoka Gas Co's overall GF Score™ is 76/100 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 Shizuoka Gas Co (FRA:1KS), the current Piotroski F-Score is 6 as of Jul. 16, 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 Shizuoka Gas Co (FRA:1KS) Overvalued in 2026?
Based on GuruFocus' analysis, Shizuoka Gas Co stock appears to be overvalued.
The current stock price of €6.45 is trading 21% above its estimated GF Value™ of €5.33.
GuruFocus considers Shizuoka Gas Co to be Modestly Overvalued.
Key valuation signals for FRA:1KS:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: €5.33 vs. price of €6.45 (21% above fair value)
Industry Position: 0% at the Utilities - Regulated median (#151 of 490)
No single metric tells the full story. See the FRA:1KS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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