MEKTF (Mie Kotsu Group Holdings) Piotroski F-Score: 8 (As of Jul. 22, 2026) — 14% Above Median

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MEKTF Mie Kotsu Group Holdings Inc MEKTF
79 GF Score
Price $3.80
! 2 Warning Signs
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What is Mie Kotsu Group Holdings Piotroski F-Score?

Mie Kotsu Group Holdings MEKTF 79 Piotroski F-Score is 8 as of Jul. 22, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates MEKTF with a GF Score™ of 79/100. The stock has 2 warning signs investors should review. Among 557 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 98.2% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Mie Kotsu Group Holdings 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 Mie Kotsu Group Holdings's Piotroski F-Score or its related term are showing as below:

MEKTF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Mie Kotsu Group Holdings was 8. The lowest was 3. And the median was 7.

Mie Kotsu Group Holdings  (OTCPK:MEKTF) 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.


Mie Kotsu Group Holdings Piotroski F-Score Related Terms


Mie Kotsu Group Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings Piotroski F-Score Chart

Mie Kotsu Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 6.00 7.00 8.00

Mie Kotsu Group Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7.00 0.00 0.00 0.00 8.00

MEKTF vs HON, MMM: Piotroski F-Score Comparison

For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.


Mie Kotsu Group Holdings Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's Piotroski F-Score falls into.


MEKTF
79GF Score
Mie Kotsu Group Holdings Inc MEKTF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $39.39 Mil.
Cash Flow from Operations was $49.59 Mil.
Revenue was $694.85 Mil.
Gross Profit was $195.31 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (1218.413 + 1206.883) / 2 = $1212.648 Mil.
Total Assets at the begining of this year (Mar25) was $1,218.41 Mil.
Long-Term Debt & Capital Lease Obligation was $252.04 Mil.
Total Current Assets was $320.23 Mil.
Total Current Liabilities was $387.31 Mil.
Net Income was $40.65 Mil.

Revenue was $696.71 Mil.
Gross Profit was $192.33 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1210.089 + 1218.413) / 2 = $1214.251 Mil.
Total Assets at the begining of last year (Mar24) was $1,210.09 Mil.
Long-Term Debt & Capital Lease Obligation was $297.05 Mil.
Total Current Assets was $304.57 Mil.
Total Current Liabilities was $377.74 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.

Mie Kotsu Group Holdings's current Net Income (TTM) was 39.39. ==> 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.

Mie Kotsu Group Holdings's current Cash Flow from Operations (TTM) was 49.59. ==> 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 (Mar25)
=39.39/1218.413
=0.03232894

ROA (Last Year)=Net Income/Total Assets (Mar24)
=40.646/1210.089
=0.03358926

Mie Kotsu Group Holdings's return on assets of this year was 0.03232894. Mie Kotsu Group Holdings's return on assets of last year was 0.03358926. ==> 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.

Mie Kotsu Group Holdings's current Net Income (TTM) was 39.39. Mie Kotsu Group Holdings's current Cash Flow from Operations (TTM) was 49.59. ==> 49.59 > 39.39 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=252.036/1212.648
=0.20783937

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=297.051/1214.251
=0.24463723

Mie Kotsu Group Holdings's gearing of this year was 0.20783937. Mie Kotsu Group Holdings's gearing of last year was 0.24463723. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=320.225/387.308
=0.82679676

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=304.569/377.741
=0.80629055

Mie Kotsu Group Holdings's current ratio of this year was 0.82679676. Mie Kotsu Group Holdings's current ratio of last year was 0.80629055. ==> 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.

Mie Kotsu Group Holdings's number of shares in issue this year was 100.423. Mie Kotsu Group Holdings's number of shares in issue last year was 100.176. ==> 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
=195.307/694.852
=0.28107712

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=192.333/696.705
=0.27606089

Mie Kotsu Group Holdings's gross margin of this year was 0.28107712. Mie Kotsu Group Holdings's gross margin of last year was 0.27606089. ==> 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 (Mar25)
=694.852/1218.413
=0.57029267

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=696.705/1210.089
=0.57574691

Mie Kotsu Group Holdings's asset turnover of this year was 0.57029267. Mie Kotsu Group Holdings's asset turnover of last year was 0.57574691. ==> 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+1+0+1+1+1+0+1+0
=6

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

Mie Kotsu Group Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Mie Kotsu Group Holdings (MEKTF) has a Piotroski F-Score of 8 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mie Kotsu Group Holdings and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Mie Kotsu Group Holdings' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #10 out of 557 companies in the Conglomerates industry, placing it in the top 1.8%.
Is Mie Kotsu Group Holdings' Piotroski F-Score too high?
Mie Kotsu Group Holdings' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. Mie Kotsu Group Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #10 out of 557 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Mie Kotsu Group Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #10 out of 557 companies for Piotroski F-Score. This places Mie Kotsu Group Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mie Kotsu Group Holdings' value of 8 is 60% above this benchmark. Historically, Mie Kotsu Group Holdings' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 557 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. Mie Kotsu Group Holdings's current Piotroski F-Score of 8 is 60% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates 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. Mie Kotsu Group Holdings's current Piotroski F-Score is 8, which is 14% 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 Mie Kotsu Group Holdings stock overvalued right now?
Mie Kotsu Group Holdings (MEKTF) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Conglomerates industry median of 5.00. Mie Kotsu Group Holdings' overall GF Score™ is 79/100 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 Mie Kotsu Group Holdings (MEKTF), the current Piotroski F-Score is 8 as of Jul. 22, 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.

Mie Kotsu Group Holdings Business Description

Other Exchanges 3232:Japan
Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
79GF Score

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

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