Asahi Yukizai (FRA:YF1) Piotroski F-Score: 5 (As of Aug. 04, 2026) — 29% Below Median

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FRA:YF1 Asahi Yukizai Corp FRA:YF1
89 GF Score
Price €31.38
GF Value €22.51
! 1 Warning Sign
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What is Asahi Yukizai Piotroski F-Score?

Asahi Yukizai FRA:YF1 -2.37% 89 Piotroski F-Score is 5 as of Aug. 04, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates FRA:YF1 with a GF Score™ of 89/100 and a GF Value™ of €22.51. The stock has 1 warning sign investors should review. Among 1,728 Construction companies, Asahi Yukizai ranks better than 53.07% 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

Asahi Yukizai 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 Asahi Yukizai's Piotroski F-Score or its related term are showing as below:

FRA:YF1' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Asahi Yukizai was 8. The lowest was 5. And the median was 7.

Asahi Yukizai  (FRA:YF1) 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.


Asahi Yukizai Piotroski F-Score Related Terms


Asahi Yukizai Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Asahi Yukizai'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.

Asahi Yukizai Piotroski F-Score Chart

Asahi Yukizai 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 8.00 7.00 7.00 5.00 5.00

Asahi Yukizai 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 5.00 0.00 0.00 0.00 5.00

FRA:YF1 vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Asahi Yukizai'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.


Asahi Yukizai Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Asahi Yukizai's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Asahi Yukizai's Piotroski F-Score falls into.


FRA:YF1
89GF Score
Asahi Yukizai Corp FRA:YF1
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 €18.1 Mil.
Cash Flow from Operations was €57.0 Mil.
Revenue was €436.5 Mil.
Gross Profit was €160.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (656.385 + 591.895) / 2 = €624.14 Mil.
Total Assets at the begining of this year (Mar25) was €656.4 Mil.
Long-Term Debt & Capital Lease Obligation was €20.1 Mil.
Total Current Assets was €360.6 Mil.
Total Current Liabilities was €95.0 Mil.
Net Income was €47.3 Mil.

Revenue was €528.5 Mil.
Gross Profit was €204.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (622.495 + 656.385) / 2 = €639.44 Mil.
Total Assets at the begining of last year (Mar24) was €622.5 Mil.
Long-Term Debt & Capital Lease Obligation was €13.7 Mil.
Total Current Assets was €431.7 Mil.
Total Current Liabilities was €125.1 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.

Asahi Yukizai's current Net Income (TTM) was 18.1. ==> 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.

Asahi Yukizai's current Cash Flow from Operations (TTM) was 57.0. ==> 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)
=18.13/656.385
=0.02762098

ROA (Last Year)=Net Income/Total Assets (Mar24)
=47.312/622.495
=0.07600382

Asahi Yukizai's return on assets of this year was 0.02762098. Asahi Yukizai's return on assets of last year was 0.07600382. ==> 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.

Asahi Yukizai's current Net Income (TTM) was 18.1. Asahi Yukizai's current Cash Flow from Operations (TTM) was 57.0. ==> 57.0 > 18.1 ==> 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
=20.126/624.14
=0.03224597

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=13.652/639.44
=0.02134993

Asahi Yukizai's gearing of this year was 0.03224597. Asahi Yukizai's gearing of last year was 0.02134993. ==> Last year is lower than this year ==> Score 0.

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
=360.57/94.97
=3.79667263

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=431.684/125.137
=3.44969114

Asahi Yukizai's current ratio of this year was 3.79667263. Asahi Yukizai's current ratio of last year was 3.44969114. ==> 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.

Asahi Yukizai's number of shares in issue this year was 18.784. Asahi Yukizai's number of shares in issue last year was 19. ==> 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
=160.928/436.532
=0.3686511

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=204.433/528.486
=0.38682765

Asahi Yukizai's gross margin of this year was 0.3686511. Asahi Yukizai's gross margin of last year was 0.38682765. ==> Last year's gross margin is higher ==> Score 0.

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)
=436.532/656.385
=0.66505481

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=528.486/622.495
=0.84898031

Asahi Yukizai's asset turnover of this year was 0.66505481. Asahi Yukizai's asset turnover of last year was 0.84898031. ==> 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+0+1+1+0+0
=5

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

Asahi Yukizai has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Asahi Yukizai (FRA:YF1) has a Piotroski F-Score of 5 as of Aug. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Asahi Yukizai and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Asahi Yukizai's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Asahi Yukizai ranks #811 out of 1728 companies in the Construction industry, placing it in the top 46.9%.
Is Asahi Yukizai's Piotroski F-Score too high?
Asahi Yukizai's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Asahi Yukizai's value of 5 is 0% at this industry median. Based on the distribution chart, Asahi Yukizai ranks #811 out of 1728 companies in the Construction industry, which is above the industry midpoint. Overall, Asahi Yukizai has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Asahi Yukizai's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Asahi Yukizai ranks #811 out of 1728 companies for Piotroski F-Score. This puts Asahi Yukizai in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Asahi Yukizai's value of 5 is 0% at this benchmark. Historically, Asahi Yukizai's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Asahi Yukizai 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 a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,728 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. Asahi Yukizai's current Piotroski F-Score of 5 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 Asahi Yukizai and its competitors. For the Construction 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. Asahi Yukizai's current Piotroski F-Score is 5, which is 29% below 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 Asahi Yukizai stock overvalued right now?
Asahi Yukizai (FRA:YF1) has a current Piotroski F-Score of 5. The stock's GF Value™ is €22.51, compared to a current price of €31.38 — trading 39.4% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Construction industry median of 5.00. Asahi Yukizai's overall GF Score™ is 89/100 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 Asahi Yukizai (FRA:YF1), the current Piotroski F-Score is 5 as of Aug. 04, 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 Asahi Yukizai (FRA:YF1) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Yukizai stock appears to be overvalued. The current stock price of €31.38 is trading 39.4% above its estimated GF Value™ of €22.51.

Key valuation signals for FRA:YF1:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: €22.51 vs. price of €31.38 (39.4% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 0% at the Construction median (#811 of 1728)

No single metric tells the full story. See the FRA:YF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Yukizai Business Description

Other Exchanges 4216:Japan
Address 3-24-6 Ueno, Ueno Frontier Tower, 21st floor, Taito-ku, Tokyo, JPN, 105-6120
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.
89GF Score

Get the complete analysis for FRA:YF1

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

€31.38
Price
€22.51
GF Value