Japan Prime Realty Investment (FRA:58JA) Piotroski F-Score: 7 (As of Jun. 29, 2026) — Near Median


FRA:58JA Japan Prime Realty Investment Corp FRA:58JA
71 GF Score
Price €510.00
GF Value €491.49
Valuation Fairly Valued
! 4 Warning Signs
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What is Japan Prime Realty Investment Piotroski F-Score?

Japan Prime Realty Investment FRA:58JA +0.99% 71 Piotroski F-Score is 7 as of Jun. 29, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:58JA with a GF Score™ of 71/100 and a GF Value™ of €491.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 890 REITs companies, Japan Prime Realty Investment ranks better than 92.25% 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

Japan Prime Realty Investment 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 Japan Prime Realty Investment's Piotroski F-Score or its related term are showing as below:

FRA:58JA' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Japan Prime Realty Investment was 8. The lowest was 4. And the median was 7.

Japan Prime Realty Investment  (FRA:58JA) 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.


Japan Prime Realty Investment Piotroski F-Score Related Terms


Japan Prime Realty Investment Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Japan Prime Realty Investment'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.

Japan Prime Realty Investment Piotroski F-Score Chart

Japan Prime Realty Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.00 4.00 7.00 7.00

Japan Prime Realty Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.00 0.00 7.00 0.00 7.00

FRA:58JA vs VICI, WPC: Piotroski F-Score Comparison

For the REIT - Diversified subindustry, Japan Prime Realty Investment'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.


Japan Prime Realty Investment Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, Japan Prime Realty Investment's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Japan Prime Realty Investment's Piotroski F-Score falls into.


FRA:58JA
71GF Score
Japan Prime Realty Investment Corp FRA:58JA
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €108.3 Mil.
Cash Flow from Operations was €186.2 Mil.
Revenue was €225.4 Mil.
Gross Profit was €131.0 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3342.011 + 2979.811) / 2 = €3160.911 Mil.
Total Assets at the begining of this year (Dec24) was €3,342.0 Mil.
Long-Term Debt & Capital Lease Obligation was €1,142.0 Mil.
Total Current Assets was €191.7 Mil.
Total Current Liabilities was €200.7 Mil.
Net Income was €101.3 Mil.

Revenue was €231.1 Mil.
Gross Profit was €125.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3253.237 + 3342.011) / 2 = €3297.624 Mil.
Total Assets at the begining of last year (Dec23) was €3,253.2 Mil.
Long-Term Debt & Capital Lease Obligation was €1,232.4 Mil.
Total Current Assets was €315.9 Mil.
Total Current Liabilities was €248.4 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.

Japan Prime Realty Investment's current Net Income (TTM) was 108.3. ==> 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.

Japan Prime Realty Investment's current Cash Flow from Operations (TTM) was 186.2. ==> 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 (Dec24)
=108.318/3342.011
=0.03241102

ROA (Last Year)=Net Income/Total Assets (Dec23)
=101.336/3253.237
=0.03114928

Japan Prime Realty Investment's return on assets of this year was 0.03241102. Japan Prime Realty Investment's return on assets of last year was 0.03114928. ==> 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.

Japan Prime Realty Investment's current Net Income (TTM) was 108.3. Japan Prime Realty Investment's current Cash Flow from Operations (TTM) was 186.2. ==> 186.2 > 108.3 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1142.026/3160.911
=0.36129647

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1232.444/3297.624
=0.37373697

Japan Prime Realty Investment's gearing of this year was 0.36129647. Japan Prime Realty Investment's gearing of last year was 0.37373697. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=191.678/200.65
=0.95528532

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=315.934/248.446
=1.27164052

Japan Prime Realty Investment's current ratio of this year was 0.95528532. Japan Prime Realty Investment's current ratio of last year was 1.27164052. ==> 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.

Japan Prime Realty Investment's number of shares in issue this year was 3.963. Japan Prime Realty Investment's number of shares in issue last year was 3.989. ==> 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
=131.043/225.393
=0.58139783

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=125.048/231.124
=0.5410429

Japan Prime Realty Investment's gross margin of this year was 0.58139783. Japan Prime Realty Investment's gross margin of last year was 0.5410429. ==> 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 (Dec24)
=225.393/3342.011
=0.06744233

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=231.124/3253.237
=0.07104432

Japan Prime Realty Investment's asset turnover of this year was 0.06744233. Japan Prime Realty Investment's asset turnover of last year was 0.07104432. ==> 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+1+1+0+1+1+0
=7

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

Japan Prime Realty Investment 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?
Japan Prime Realty Investment (FRA:58JA) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Japan Prime Realty Investment and its competitors. This is near median its historical median of 7.00. Over the past decade, Japan Prime Realty Investment's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Japan Prime Realty Investment ranks #69 out of 890 companies in the REITs industry, placing it in the top 7.8%.
Is Japan Prime Realty Investment's Piotroski F-Score too high?
Japan Prime Realty Investment's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The REITs industry median Piotroski F-Score is 6.00. Japan Prime Realty Investment's value of 7 is 16.7% above this industry median. Based on the distribution chart, Japan Prime Realty Investment ranks #69 out of 890 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Prime Realty Investment has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Prime Realty Investment's Piotroski F-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Japan Prime Realty Investment ranks #69 out of 890 companies for Piotroski F-Score. This places Japan Prime Realty Investment in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Japan Prime Realty Investment's value of 7 is 16.7% above this benchmark. Historically, Japan Prime Realty Investment'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 7.00 vs. the industry median of 6.00, Japan Prime Realty Investment 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 890 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. Japan Prime Realty Investment's current Piotroski F-Score of 7 is 16.7% 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 Japan Prime Realty Investment and its competitors. For the REITs 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. Japan Prime Realty Investment's current Piotroski F-Score is 7, which is near 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 Japan Prime Realty Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Prime Realty Investment (FRA:58JA) is currently considered Fairly Valued. The stock's GF Value™ is €491.49, compared to a current price of €510.00 — trading 3.8% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 16.7% above the REITs industry median of 6.00. Japan Prime Realty Investment's overall GF Score™ is 71/100 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 Japan Prime Realty Investment (FRA:58JA), the current Piotroski F-Score is 7 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 Japan Prime Realty Investment (FRA:58JA) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Prime Realty Investment stock appears to be overvalued. The current stock price of €510.00 is trading 3.8% above its estimated GF Value™ of €491.49. GuruFocus considers Japan Prime Realty Investment to be Fairly Valued.

Key valuation signals for FRA:58JA:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: €491.49 vs. price of €510.00 (3.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 16.7% above the REITs median (#69 of 890)

No single metric tells the full story. See the FRA:58JA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Prime Realty Investment Business Description

Industry Real EstateREITs
Other Exchanges 8955:Japan
Address 4-16 Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Japan Prime Realty Investment Corporation, or JPR, is a Japanese real estate investment trust involved in the ownership of properties in the Greater Tokyo region. The majority of JPR's real estate portfolio is comprised of office buildings, with retail properties making up the rest of the company's holdings. The vast majority of JPR's assets are in the Tokyo metropolitan area, which are mostly concentrated in Central Tokyo. The company generates nearly all of its revenue through collecting funds from investors, investing that money into real estate properties, and then collecting rental income from those properties. Its collection of tenants is fairly evenly distributed among service, information and communication, manufacturing, finance, retail, and real estate companies.
71GF Score

Get the complete analysis for FRA:58JA

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

€510.00
Price
€491.49
GF Value