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Nisshin Seifun GroupFRA:NFR -4.42%82 Piotroski F-Score is 6 as of Aug. 02, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:NFR with a GF Score™ of 82/100 and a GF Value™ of €10.48. The stock has 1 warning sign investors should review. Among 1,913 Consumer Packaged Goods companies, Nisshin Seifun Group ranks better than 72.92% 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
Nisshin Seifun Group 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 Nisshin Seifun Group's Piotroski F-Score or its related term are showing as below:
FRA:NFR'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Nisshin Seifun Group was 8. The lowest was 4. And the median was 6.
Nisshin Seifun Group (FRA:NFR) 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.
Nisshin Seifun Group Piotroski F-Score Related Terms
Nisshin Seifun Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nisshin Seifun Group'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 Packaged Foods subindustry, Nisshin Seifun Group'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.
Nisshin Seifun Group Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Seifun Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nisshin Seifun Group'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.
Nisshin Seifun Group's current Net Income (TTM) was 178.
==> 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.
Nisshin Seifun Group's return on assets of this year was 0.03624941. Nisshin Seifun Group's return on assets of last year was 0.04239805.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nisshin Seifun Group's gearing of this year was 0.08806972. Nisshin Seifun Group's gearing of last year was 0.08880872.
==> 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
Nisshin Seifun Group's current ratio of this year was 2.2569997. Nisshin Seifun Group's current ratio of last year was 2.29937517.
==> 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.
Nisshin Seifun Group's number of shares in issue this year was 287.558. Nisshin Seifun Group's number of shares in issue last year was 295.619.
==> 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.
Nisshin Seifun Group's gross margin of this year was 0.22504983. Nisshin Seifun Group's gross margin of last year was 0.2233495.
==> 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
Nisshin Seifun Group's asset turnover of this year was 0.96216101. Nisshin Seifun Group's asset turnover of last year was 1.04086414.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nisshin Seifun Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Nisshin Seifun Group (FRA:NFR) has a Piotroski F-Score of 6 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nisshin Seifun Group and its competitors. This is near median its historical median of 6.00. Over the past decade, Nisshin Seifun Group's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Nisshin Seifun Group ranks #518 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 27.1%.
Is Nisshin Seifun Group's Piotroski F-Score too high?
Nisshin Seifun Group'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 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Nisshin Seifun Group's value of 6 is 20% above this industry median. Based on the distribution chart, Nisshin Seifun Group ranks #518 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nisshin Seifun Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Nisshin Seifun Group's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nisshin Seifun Group ranks #518 out of 1913 companies for Piotroski F-Score. This puts Nisshin Seifun Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nisshin Seifun Group's value of 6 is 20% above this benchmark. Historically, Nisshin Seifun Group'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, Nisshin Seifun Group 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 1,913 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. Nisshin Seifun Group'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 Nisshin Seifun Group 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. Nisshin Seifun Group'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 Nisshin Seifun Group stock overvalued right now?
Nisshin Seifun Group (FRA:NFR) has a current Piotroski F-Score of 6. The stock's GF Value™ is €10.48, compared to a current price of €10.80 — trading 3.1% above 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. Nisshin Seifun Group's overall GF Score™ is 82/100 with 1 warning sign 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 Nisshin Seifun Group (FRA:NFR), the current Piotroski F-Score is 6 as of Aug. 02, 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 Nisshin Seifun Group (FRA:NFR) Overvalued in 2026?
Based on GuruFocus' analysis, Nisshin Seifun Group stock appears to be overvalued.
The current stock price of €10.80 is trading 3.1% above its estimated GF Value™ of €10.48.
Key valuation signals for FRA:NFR:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: €10.48 vs. price of €10.80 (3.1% above fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#518 of 1913)
No single metric tells the full story. See the FRA:NFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nisshin Seifun Group Inc is a Japan-based company mainly engaged in the flour milling business, food business, and prepared meals and prepared foods business. The company operates through four segments. The Flour Milling segment covers flour, bran, and related products. The Food segment includes premixes, household flour, pasta, sauces, frozen foods, baking ingredients, biochemical products, health foods, and drug discovery support. The Ready-made Meals segment provides cooked foods such as bento boxes, side dishes, and noodles. The Others segment includes engineering, cargo handling, storage, and other non-core businesses. It generates the majority of its revenue from the Flour Milling segment.
82GF Score
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