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Yamaha Motor CoHAM:YMA -1.16%82 Piotroski F-Score is 7 as of Aug. 12, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates HAM:YMA with a GF Score™ of 82/100 and a GF Value™ of €7.45. The stock has 9 warning signs investors should review. Among 1,276 Vehicles & Parts companies, Yamaha Motor Co ranks better than 89.26% 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
Yamaha Motor Co 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 Yamaha Motor Co's Piotroski F-Score or its related term are showing as below:
HAM:YMA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Yamaha Motor Co was 9. The lowest was 3. And the median was 5.
Yamaha Motor Co (HAM:YMA) 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.
Yamaha Motor Co Piotroski F-Score Related Terms
Yamaha Motor Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Yamaha Motor 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.
HAM:YMA vs TSLA, GM, F: Piotroski F-Score Comparison
For the Auto Manufacturers subindustry, Yamaha Motor 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.
Yamaha Motor Co Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Yamaha Motor 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was -56.008 + -149.405 + 224.914 + 392.185 = €412 Mil. Cash Flow from Operations was 677.173 + -85.266 + 30.423 + 798.034 = €1,420 Mil. Revenue was 3644.248 + 3417.484 + 3979.984 + 4145.733 = €15,187 Mil. Gross Profit was 1136.06 + 1014.996 + 1184.421 + 1388.611 = €4,724 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(16552.044 + 15853.516 + 15898.449 + 16825.959 + 16311.651) / 5 = €16288.3238 Mil. Total Assets at the begining of this year (Jun25) was €16,552 Mil. Long-Term Debt & Capital Lease Obligation was €2,950 Mil. Total Current Assets was €9,435 Mil. Total Current Liabilities was €5,603 Mil.
Net Income was 146.255 + -173.809 + 190.34 + 134.619 = €297 Mil.
Revenue was 3960.791 + 3720.993 + 3884.411 + 3911.685 = €15,478 Mil. Gross Profit was 1280.575 + 1106.511 + 1222.452 + 1230.651 = €4,840 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(16510.406 + 16610.723 + 17282.161 + 17405.409 + 16552.044) / 5 = €16872.1486 Mil. Total Assets at the begining of last year (Jun24) was €16,510 Mil. Long-Term Debt & Capital Lease Obligation was €2,115 Mil. Total Current Assets was €9,632 Mil. Total Current Liabilities was €6,446 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.
Yamaha Motor Co's current Net Income (TTM) was 412.
==> 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.
Yamaha Motor Co's return on assets of this year was 0.02487222. Yamaha Motor Co's return on assets of last year was 0.01801319.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Yamaha Motor Co's gearing of this year was 0.18111907. Yamaha Motor Co's gearing of last year was 0.12534319.
==> 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
Yamaha Motor Co's current ratio of this year was 1.68402372. Yamaha Motor Co's current ratio of last year was 1.49429513.
==> 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.
Yamaha Motor Co's number of shares in issue this year was 970.849. Yamaha Motor Co's number of shares in issue last year was 973.418.
==> 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.
Yamaha Motor Co's gross margin of this year was 0.31105211. Yamaha Motor Co's gross margin of last year was 0.31271653.
==> 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
Yamaha Motor Co's asset turnover of this year was 0.91755731. Yamaha Motor Co's asset turnover of last year was 0.93746211.
==> 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
Yamaha Motor Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Yamaha Motor Co (HAM:YMA) has a Piotroski F-Score of 7 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yamaha Motor Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Yamaha Motor Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Yamaha Motor Co ranks #137 out of 1276 companies in the Vehicles & Parts industry, placing it in the top 10.7%.
Is Yamaha Motor Co's Piotroski F-Score too high?
Yamaha Motor Co's current Piotroski F-Score of 7 is 40% above 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 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Yamaha Motor Co's value of 7 is 40% above this industry median. Based on the distribution chart, Yamaha Motor Co ranks #137 out of 1276 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Yamaha Motor Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Yamaha Motor Co's Piotroski F-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Yamaha Motor Co ranks #137 out of 1276 companies for Piotroski F-Score. This places Yamaha Motor Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yamaha Motor Co's value of 7 is 40% above this benchmark. Historically, Yamaha Motor Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Yamaha Motor Co 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,276 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. Yamaha Motor Co's current Piotroski F-Score of 7 is 40% 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 Yamaha Motor Co and its competitors. For the Vehicles & Parts 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. Yamaha Motor Co's current Piotroski F-Score is 7, which is 40% above 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 Yamaha Motor Co stock overvalued right now?
Yamaha Motor Co (HAM:YMA) has a current Piotroski F-Score of 7. The stock's GF Value™ is €7.45, compared to a current price of €10.23 — trading 37.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Vehicles & Parts industry median of 5.00. Yamaha Motor Co's overall GF Score™ is 82/100 with 9 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 Yamaha Motor Co (HAM:YMA), the current Piotroski F-Score is 7 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 Yamaha Motor Co (HAM:YMA) Overvalued in 2026?
Based on GuruFocus' analysis, Yamaha Motor Co stock appears to be overvalued.
The current stock price of €10.23 is trading 37.2% above its estimated GF Value™ of €7.45.
Key valuation signals for HAM:YMA:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: €7.45 vs. price of €10.23 (37.2% above fair value)
Industry Position: 40% above the Vehicles & Parts median (#137 of 1276)
No single metric tells the full story. See the HAM:YMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamaha Motor Co Ltd is engaged in the manufacture and sale of motorcycles, marine products, and related equipment. The company operates through four reportable segments: Land Mobility, Marine, Robotics, and Financial Services. The Land Mobility segment includes motorcycles, highway vehicles, electric-assist bicycles, automobile engines, and components. The Marine segment handles outboard motors, water vehicles, boats, and fishing vessels. The Robotics segment provides surface mounters, semiconductor manufacturing equipment, industrial robots, and unmanned helicopters, while the Financial Services segment offers sales financing and leasing related to Yamaha products. It generates the majority of its revenue from the Land mobility segment.
82GF Score
Get the complete analysis for HAM:YMA
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