Nissin Foods Co (HKSE:01475) Piotroski F-Score: 9 (As of Aug. 06, 2026) — 29% Above Median

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HKSE:01475 Nissin Foods Co Ltd HKSE:01475
85 GF Score
Price HK$6.66
GF Value HK$6.53
Valuation Fairly Valued
! 1 Warning Sign
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What is Nissin Foods Co Piotroski F-Score?

Nissin Foods Co HKSE:01475 -0.52% 85 Piotroski F-Score is 9 as of Aug. 06, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates HKSE:01475 with a GF Score™ of 85/100 and a GF Value™ of HK$6.53 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,909 Consumer Packaged Goods companies, Nissin Foods Co ranks better than 99.95% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Nissin Foods Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

HKSE:01475' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 9

During the past 12 years, the highest Piotroski F-Score of Nissin Foods Co was 9. The lowest was 5. And the median was 7.

Nissin Foods Co  (HKSE:01475) 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.


Nissin Foods Co Piotroski F-Score Related Terms


Nissin Foods Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nissin Foods 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.

Nissin Foods Co Piotroski F-Score Chart

Nissin Foods Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 9.00 5.00 9.00

Nissin Foods Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.00 0.00 0.00 9.00 0.00

HKSE:01475 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Nissin Foods 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.


Nissin Foods Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:01475
85GF Score
Nissin Foods Co Ltd HKSE:01475
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was HK$331 Mil.
Cash Flow from Operations was HK$536 Mil.
Revenue was HK$4,001 Mil.
Gross Profit was HK$1,385 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4776.352 + 4924.386) / 2 = HK$4850.369 Mil.
Total Assets at the begining of this year (Dec24) was HK$4,776 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1 Mil.
Total Current Assets was HK$2,573 Mil.
Total Current Liabilities was HK$897 Mil.
Net Income was HK$201 Mil.

Revenue was HK$3,812 Mil.
Gross Profit was HK$1,312 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (4683.733 + 4776.352) / 2 = HK$4730.0425 Mil.
Total Assets at the begining of last year (Dec23) was HK$4,684 Mil.
Long-Term Debt & Capital Lease Obligation was HK$9 Mil.
Total Current Assets was HK$2,420 Mil.
Total Current Liabilities was HK$943 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.

Nissin Foods Co's current Net Income (TTM) was 331. ==> 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.

Nissin Foods Co's current Cash Flow from Operations (TTM) was 536. ==> 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 (Dec24)
=331.422/4776.352
=0.0693881

ROA (Last Year)=Net Income/Total Assets (Dec23)
=200.993/4683.733
=0.04291299

Nissin Foods Co's return on assets of this year was 0.0693881. Nissin Foods Co's return on assets of last year was 0.04291299. ==> This year is higher. ==> Score 1.

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.

Nissin Foods Co's current Net Income (TTM) was 331. Nissin Foods Co's current Cash Flow from Operations (TTM) was 536. ==> 536 > 331 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.566/4850.369
=0.00011669

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=8.51/4730.0425
=0.00179914

Nissin Foods Co's gearing of this year was 0.00011669. Nissin Foods Co's gearing of last year was 0.00179914. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=2572.699/897.43
=2.86674058

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2419.909/942.691
=2.56702249

Nissin Foods Co's current ratio of this year was 2.86674058. Nissin Foods Co's current ratio of last year was 2.56702249. ==> 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.

Nissin Foods Co's number of shares in issue this year was 1043.448. Nissin Foods Co's number of shares in issue last year was 1043.691. ==> 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
=1385.07/4001.102
=0.34617213

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1312.114/3811.864
=0.34421847

Nissin Foods Co's gross margin of this year was 0.34617213. Nissin Foods Co's gross margin of last year was 0.34421847. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=4001.102/4776.352
=0.83768994

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3811.864/4683.733
=0.81385169

Nissin Foods Co's asset turnover of this year was 0.83768994. Nissin Foods Co's asset turnover of last year was 0.81385169. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+1+1+1
=9

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

Nissin Foods Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 9 mean?
Nissin Foods Co (HKSE:01475) has a Piotroski F-Score of 9 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nissin Foods Co and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, Nissin Foods Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Nissin Foods Co ranks #1 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Nissin Foods Co's Piotroski F-Score too high?
Nissin Foods Co's current Piotroski F-Score of 9 is 29% above 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Nissin Foods Co's value of 9 is 80% above this industry median. Based on the distribution chart, Nissin Foods Co ranks #1 out of 1909 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nissin Foods Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissin Foods Co ranks #1 out of 1909 companies for Piotroski F-Score. This places Nissin Foods Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Nissin Foods Co's value of 9 is 80% above this benchmark. Historically, Nissin Foods Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Nissin Foods 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Nissin Foods Co's current Piotroski F-Score of 9 is 80% 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 Nissin Foods Co 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. Nissin Foods Co's current Piotroski F-Score is 9, which is 29% above 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 Nissin Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Co (HKSE:01475) is currently considered Fairly Valued. The stock's GF Value™ is HK$6.53, compared to a current price of HK$6.66 — trading 1.9% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Consumer Packaged Goods industry median of 5.00. Nissin Foods Co's overall GF Score™ is 85/100 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 Nissin Foods Co (HKSE:01475), the current Piotroski F-Score is 9 as of Aug. 06, 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 Nissin Foods Co (HKSE:01475) Overvalued in 2026?

Based on GuruFocus' analysis, Nissin Foods Co stock appears to be overvalued. The current stock price of HK$6.66 is trading 1.9% above its estimated GF Value™ of HK$6.53. GuruFocus considers Nissin Foods Co to be Fairly Valued.

Key valuation signals for HKSE:01475:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: HK$6.53 vs. price of HK$6.66 (1.9% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 80% above the Consumer Packaged Goods median (#1 of 1909)

No single metric tells the full story. See the HKSE:01475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissin Foods Co Business Description

Other Exchanges 4NS:Germany
Address 11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sells instant noodles, frozen food, retort foods, beverage products, and snacks in Hong Kong and China. It sells its products under the brand names NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's segments include Hong Kong and other regions (including Vietnam, Korea, Taiwan, and Australia) and Mainland China. The company generates the majority of its revenue from Mainland China.
85GF Score

Get the complete analysis for HKSE:01475

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

HK$6.66
Price
HK$6.53
GF Value