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ROYAL HOLDINGS CoFSE:8179 78 Piotroski F-Score is 5 as of Aug. 12, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates FSE:8179 with a GF Score™ of 78/100 and a GF Value™ of 円1,116.80. The stock has 5 warning signs investors should review. Among 352 Restaurants companies, ROYAL HOLDINGS Co ranks better than 84.66% 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
ROYAL HOLDINGS 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 ROYAL HOLDINGS Co's Piotroski F-Score or its related term are showing as below:
FSE:8179'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of ROYAL HOLDINGS Co was 8. The lowest was 1. And the median was 6.
ROYAL HOLDINGS Co (FSE:8179) 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.
ROYAL HOLDINGS Co Piotroski F-Score Related Terms
ROYAL HOLDINGS Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ROYAL HOLDINGS 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.
FSE:8179 vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, ROYAL HOLDINGS 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.
ROYAL HOLDINGS Co Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, ROYAL HOLDINGS Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ROYAL HOLDINGS 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.
ROYAL HOLDINGS Co's current Net Income (TTM) was 4,604.
==> 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.
ROYAL HOLDINGS Co's return on assets of this year was 0.03392378. ROYAL HOLDINGS Co's return on assets of last year was 0.03946203.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ROYAL HOLDINGS Co's gearing of this year was 0.28904087. ROYAL HOLDINGS Co's gearing of last year was 0.357725.
==> 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
ROYAL HOLDINGS Co's current ratio of this year was 1.06807055. ROYAL HOLDINGS Co's current ratio of last year was 1.45766765.
==> 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.
ROYAL HOLDINGS Co's number of shares in issue this year was 98.522. ROYAL HOLDINGS Co's number of shares in issue last year was 98.471.
==> 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.
ROYAL HOLDINGS Co's gross margin of this year was 0.70982518. ROYAL HOLDINGS Co's gross margin of last year was 0.70614949.
==> 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
ROYAL HOLDINGS Co's asset turnover of this year was 0.93780394. ROYAL HOLDINGS Co's asset turnover of last year was 1.26369478.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ROYAL HOLDINGS Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
ROYAL HOLDINGS Co (FSE:8179) has a Piotroski F-Score of 5 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ROYAL HOLDINGS Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, ROYAL HOLDINGS Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, ROYAL HOLDINGS Co ranks #54 out of 352 companies in the Restaurants industry, placing it in the top 15.3%.
Is ROYAL HOLDINGS Co's Piotroski F-Score too high?
ROYAL HOLDINGS Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Restaurants industry median Piotroski F-Score is 5.00. ROYAL HOLDINGS Co's value of 5 is 0% at this industry median. Based on the distribution chart, ROYAL HOLDINGS Co ranks #54 out of 352 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, ROYAL HOLDINGS Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does ROYAL HOLDINGS Co's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, ROYAL HOLDINGS Co ranks #54 out of 352 companies for Piotroski F-Score. This places ROYAL HOLDINGS Co in the top 15% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ROYAL HOLDINGS Co's value of 5 is 0% at this benchmark. Historically, ROYAL HOLDINGS Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, ROYAL HOLDINGS 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 a Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 352 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. ROYAL HOLDINGS Co'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 ROYAL HOLDINGS Co and its competitors. For the Restaurants 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. ROYAL HOLDINGS Co's current Piotroski F-Score is 5, which is 17% below 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 ROYAL HOLDINGS Co stock overvalued right now?
ROYAL HOLDINGS Co (FSE:8179) has a current Piotroski F-Score of 5. The stock's GF Value™ is 円1,116.80, compared to a current price of 円1,362.00 — trading 22% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Restaurants industry median of 5.00. ROYAL HOLDINGS Co's overall GF Score™ is 78/100 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 ROYAL HOLDINGS Co (FSE:8179), the current Piotroski F-Score is 5 as of Aug. 12, 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 ROYAL HOLDINGS Co (FSE:8179) Overvalued in 2026?
Based on GuruFocus' analysis, ROYAL HOLDINGS Co stock appears to be overvalued.
The current stock price of 円1,362.00 is trading 22% above its estimated GF Value™ of 円1,116.80.
Key valuation signals for FSE:8179:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: 円1,116.80 vs. price of 円1,362.00 (22% above fair value)
Industry Position: 0% at the Restaurants median (#54 of 352)
No single metric tells the full story. See the FSE:8179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Cafe, pinkberry, The Third Cafe, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines all over the world. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses. The group has four segments: restaurant business, contract business, Hotel Business, & Food Business.
78GF Score
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