STrust Co (FSE:3280) Piotroski F-Score: 3 (As of Jun. 27, 2026) — 40% Below Median


FSE:3280 STrust Co Ltd FSE:3280
69 GF Score
Price 円629.00
GF Value 円597.47
! 5 Warning Signs
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What is STrust Co Piotroski F-Score?

STrust Co FSE:3280 69 Piotroski F-Score is 3 as of Jun. 27, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates FSE:3280 with a GF Score™ of 69/100 and a GF Value™ of 円597.47. The stock has 5 warning signs investors should review. Among 1,756 Real Estate companies, STrust Co ranks worse than 81.09% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

STrust Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for STrust Co's Piotroski F-Score or its related term are showing as below:

FSE:3280' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of STrust Co was 8. The lowest was 3. And the median was 5.

STrust Co  (FSE:3280) 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.


STrust Co Piotroski F-Score Related Terms


STrust Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for STrust 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.

STrust Co Piotroski F-Score Chart

STrust Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 4.00 6.00 3.00

STrust Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 6.00 0.00 3.00

STrust Co Piotroski F-Score Competitor Comparison

For the Real Estate - Diversified subindustry, STrust 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.


STrust Co Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, STrust Co's Piotroski F-Score distribution charts can be found below:

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


FSE:3280
69GF Score
STrust Co Ltd FSE:3280
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円1,420 Mil.
Cash Flow from Operations was 円-5,639 Mil.
Revenue was 円22,313 Mil.
Gross Profit was 円4,607 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (43917 + 37663) / 2 = 円40790 Mil.
Total Assets at the begining of this year (Feb25) was 円43,917 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,195 Mil.
Total Current Assets was 円29,448 Mil.
Total Current Liabilities was 円20,242 Mil.
Net Income was 円1,339 Mil.

Revenue was 円19,218 Mil.
Gross Profit was 円4,173 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (35644 + 43917) / 2 = 円39780.5 Mil.
Total Assets at the begining of last year (Feb24) was 円35,644 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,383 Mil.
Total Current Assets was 円36,400 Mil.
Total Current Liabilities was 円27,578 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.

STrust Co's current Net Income (TTM) was 1,420. ==> 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.

STrust Co's current Cash Flow from Operations (TTM) was -5,639. ==> Negative ==> Score 0.

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 (Feb25)
=1420/43917
=0.03233372

ROA (Last Year)=Net Income/Total Assets (Feb24)
=1339/35644
=0.03756593

STrust Co's return on assets of this year was 0.03233372. STrust Co's return on assets of last year was 0.03756593. ==> 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.

STrust Co's current Net Income (TTM) was 1,420. STrust Co's current Cash Flow from Operations (TTM) was -5,639. ==> -5,639 <= 1,420 ==> CFROA <= ROA ==> Score 0.

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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=6195/40790
=0.15187546

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=6383/39780.5
=0.1604555

STrust Co's gearing of this year was 0.15187546. STrust Co's gearing of last year was 0.1604555. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=29448/20242
=1.45479696

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=36400/27578
=1.31989267

STrust Co's current ratio of this year was 1.45479696. STrust Co's current ratio of last year was 1.31989267. ==> 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.

STrust Co's number of shares in issue this year was 6.05. STrust Co's number of shares in issue last year was 6.022. ==> 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
=4607/22313
=0.20647156

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4173/19218
=0.21714018

STrust Co's gross margin of this year was 0.20647156. STrust Co's gross margin of last year was 0.21714018. ==> 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 (Feb25)
=22313/43917
=0.50807204

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=19218/35644
=0.53916508

STrust Co's asset turnover of this year was 0.50807204. STrust Co's asset turnover of last year was 0.53916508. ==> 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+0+0+0+1+1+0+0+0
=3

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

STrust Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
STrust Co (FSE:3280) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on STrust Co and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, STrust Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, STrust Co ranks #1424 out of 1756 companies in the Real Estate industry, placing it in the top 81.1%.
Is STrust Co's Piotroski F-Score too high?
STrust Co's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. STrust Co's value of 3 is 40% below this industry median. Based on the distribution chart, STrust Co ranks #1424 out of 1756 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, STrust Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does STrust Co's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, STrust Co ranks #1424 out of 1756 companies for Piotroski F-Score. This places STrust Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. STrust Co's value of 3 is 40% below this benchmark. Historically, STrust Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, STrust Co has consistently been below 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. STrust Co's current Piotroski F-Score of 3 is 40% below 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 STrust Co and its competitors. For the Real Estate 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. STrust Co's current Piotroski F-Score is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STrust Co stock overvalued right now?
STrust Co (FSE:3280) has a current Piotroski F-Score of 3. The stock's GF Value™ is 円597.47, compared to a current price of 円629.00 — trading 5.3% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Real Estate industry median of 5.00. STrust Co's overall GF Score™ is 69/100 with 5 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 STrust Co (FSE:3280), the current Piotroski F-Score is 3 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 STrust Co (FSE:3280) Overvalued in 2026?

Based on GuruFocus' analysis, STrust Co stock appears to be overvalued. The current stock price of 円629.00 is trading 5.3% above its estimated GF Value™ of 円597.47.

Key valuation signals for FSE:3280:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: 円597.47 vs. price of 円629.00 (5.3% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 40% below the Real Estate median (#1424 of 1756)

No single metric tells the full story. See the FSE:3280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STrust Co Business Description

Other Exchanges 3280:Japan
Address Shibuya-cho, 4-chome, Number 22, Shibuya- shi, Yamaguchi, Shibuya, JPN, 750-0025
STrust Co Ltd is engaged in the real estate business in Japan. It primarily sells condominiums. The company is also involved in real estate agency businesses; and the management of condominiums.
69GF Score

Get the complete analysis for FSE:3280

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

円629.00
Price
円597.47
GF Value