McDonald's Holdings Co (Japan)MDNDF 74 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates MDNDF with a GF Score™ of 74/100 and a GF Value™ of $37.86. The stock has 2 warning signs investors should review. Among 357 Restaurants companies, McDonald's Holdings Co (Japan) ranks better than 73.95% 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
McDonald's Holdings Co (Japan) has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for McDonald's Holdings Co (Japan)'s Piotroski F-Score or its related term are showing as below:
MDNDF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of McDonald's Holdings Co (Japan) was 9. The lowest was 5. And the median was 7.
McDonald's Holdings Co (Japan) (OTCPK:MDNDF) 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.
McDonald's Holdings Co (Japan) Piotroski F-Score Related Terms
McDonald's Holdings Co (Japan) Piotroski F-Score Historical Data
* 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.
McDonald's Holdings Co (Japan) Piotroski F-Score Chart
MDNDF vs MCD, SBUX, CMG: Piotroski F-Score Comparison
For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.
McDonald's Holdings Co (Japan) Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where McDonald's Holdings Co (Japan)'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.
McDonald's Holdings Co (Japan)'s current Net Income (TTM) was 217.
==> 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.
McDonald's Holdings Co (Japan)'s current Cash Flow from Operations (TTM) was 341.
==> 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.
McDonald's Holdings Co (Japan)'s return on assets of this year was 0.09923685. McDonald's Holdings Co (Japan)'s return on assets of last year was 0.09607769.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
McDonald's Holdings Co (Japan)'s gearing of this year was 0.00019253. McDonald's Holdings Co (Japan)'s gearing of last year was 0.00034632.
==> 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
McDonald's Holdings Co (Japan)'s current ratio of this year was 1.40817989. McDonald's Holdings Co (Japan)'s current ratio of last year was 1.46810137.
==> 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.
McDonald's Holdings Co (Japan)'s number of shares in issue this year was 132.959. McDonald's Holdings Co (Japan)'s number of shares in issue last year was 132.959.
==> 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.
McDonald's Holdings Co (Japan)'s gross margin of this year was 0.20780267. McDonald's Holdings Co (Japan)'s gross margin of last year was 0.19973287.
==> 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
McDonald's Holdings Co (Japan)'s asset turnover of this year was 1.21921184. McDonald's Holdings Co (Japan)'s asset turnover of last year was 1.21889798.
==> 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
+
0
+
1
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
McDonald's Holdings Co (Japan) has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
McDonald's Holdings Co (Japan) (MDNDF) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on McDonald's Holdings Co (Japan) and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, McDonald's Holdings Co (Japan)'s Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, McDonald's Holdings Co (Japan) ranks #93 out of 357 companies in the Restaurants industry, placing it in the top 26.1%.
Is McDonald's Holdings Co (Japan)'s Piotroski F-Score too high?
McDonald's Holdings Co (Japan)'s current Piotroski F-Score of 6 is 14% 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 9.00. The Restaurants industry median Piotroski F-Score is 5.00. McDonald's Holdings Co (Japan)'s value of 6 is 20% above this industry median. Based on the distribution chart, McDonald's Holdings Co (Japan) ranks #93 out of 357 companies in the Restaurants industry, which is above the industry midpoint. Overall, McDonald's Holdings Co (Japan) has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's Holdings Co (Japan)'s Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, McDonald's Holdings Co (Japan) ranks #93 out of 357 companies for Piotroski F-Score. This puts McDonald's Holdings Co (Japan) in the upper half of its industry. The industry median Piotroski F-Score is 5.00. McDonald's Holdings Co (Japan)'s value of 6 is 20% above this benchmark. Historically, McDonald's Holdings Co (Japan)'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, McDonald's Holdings Co (Japan) 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 357 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. McDonald's Holdings Co (Japan)'s current Piotroski F-Score of 6 is 20% 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 McDonald's Holdings Co (Japan) 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. McDonald's Holdings Co (Japan)'s current Piotroski F-Score is 6, which is 14% 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 McDonald's Holdings Co (Japan) stock overvalued right now?
McDonald's Holdings Co (Japan) (MDNDF) has a current Piotroski F-Score of 6. The stock's GF Value™ is $37.86, compared to a current price of $42.00 — trading 10.9% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Restaurants industry median of 5.00. McDonald's Holdings Co (Japan)'s overall GF Score™ is 74/100 with 2 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 McDonald's Holdings Co (Japan) (MDNDF), the current Piotroski F-Score is 6 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 McDonald's Holdings Co (Japan) (MDNDF) Overvalued in 2026?
Based on GuruFocus' analysis, McDonald's Holdings Co (Japan) stock appears to be overvalued.
The current stock price of $42.00 is trading 10.9% above its estimated GF Value™ of $37.86.
Key valuation signals for MDNDF:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: $37.86 vs. price of $42.00 (10.9% above fair value)
Industry Position: 20% above the Restaurants median (#93 of 357)
No single metric tells the full story. See the MDNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McDonald's Holdings Co (Japan) Business Description
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. It is engaged in the operation and management of hamburger restaurant chains under the McDonald's brand. The company pays royalties for licensed rights and, in Japan, provides sub-licenses for its know-how and trademarks to franchisees operating its franchise restaurants, from whom it earns royalty income.
74GF Score
Get the complete analysis for MDNDF
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MDNDF has been successfully added to your 
