MONOY (MonotaRO Co) Piotroski F-Score: 7 (As of Jun. 24, 2026) — 17% Above Median


MONOY MonotaRO Co Ltd MONOY
91 GF Score
Price $10.58
GF Value $17.08
Valuation Significantly Undervalued
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What is MonotaRO Co Piotroski F-Score?

MonotaRO Co MONOY -1.95% 91 Piotroski F-Score is 7 as of Jun. 24, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MONOY with a GF Score™ of 91/100 and a GF Value™ of $17.08 (Significantly Undervalued). Among 1,101 Retail - Cyclical companies, MonotaRO Co ranks better than 91.19% 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

MonotaRO Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

MONOY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of MonotaRO Co was 7. The lowest was 4. And the median was 6.

MonotaRO Co  (OTCPK:MONOY) 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.


MonotaRO Co Piotroski F-Score Related Terms


MonotaRO Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MonotaRO 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.

MonotaRO Co Piotroski F-Score Chart

MonotaRO 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 6.00 7.00 6.00 7.00

MonotaRO Co 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 0.00 0.00 0.00 7.00 0.00

MONOY vs AMZN, BABA, PDD: Piotroski F-Score Comparison

For the Internet Retail subindustry, MonotaRO 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.


MonotaRO Co Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MonotaRO Co's Piotroski F-Score distribution charts can be found below:

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


MONOY
91GF Score
MonotaRO Co Ltd MONOY
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 $208 Mil.
Cash Flow from Operations was $216 Mil.
Revenue was $2,141 Mil.
Gross Profit was $639 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (942.877 + 1239.413) / 2 = $1091.145 Mil.
Total Assets at the begining of this year (Dec24) was $943 Mil.
Long-Term Debt & Capital Lease Obligation was $83 Mil.
Total Current Assets was $790 Mil.
Total Current Liabilities was $344 Mil.
Net Income was $171 Mil.

Revenue was $1,873 Mil.
Gross Profit was $549 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (891.448 + 942.877) / 2 = $917.1625 Mil.
Total Assets at the begining of last year (Dec23) was $891 Mil.
Long-Term Debt & Capital Lease Obligation was $4 Mil.
Total Current Assets was $612 Mil.
Total Current Liabilities was $237 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.

MonotaRO Co's current Net Income (TTM) was 208. ==> 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.

MonotaRO Co's current Cash Flow from Operations (TTM) was 216. ==> 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)
=208.024/942.877
=0.22062687

ROA (Last Year)=Net Income/Total Assets (Dec23)
=171.232/891.448
=0.19208299

MonotaRO Co's return on assets of this year was 0.22062687. MonotaRO Co's return on assets of last year was 0.19208299. ==> 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.

MonotaRO Co's current Net Income (TTM) was 208. MonotaRO Co's current Cash Flow from Operations (TTM) was 216. ==> 216 > 208 ==> 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
=83.404/1091.145
=0.07643714

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4.141/917.1625
=0.00451501

MonotaRO Co's gearing of this year was 0.07643714. MonotaRO Co's gearing of last year was 0.00451501. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=789.635/343.508
=2.29873831

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=611.881/237.046
=2.58127536

MonotaRO Co's current ratio of this year was 2.29873831. MonotaRO Co's current ratio of last year was 2.58127536. ==> 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.

MonotaRO Co's number of shares in issue this year was 496.908. MonotaRO Co's number of shares in issue last year was 496.943. ==> 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
=639.041/2141.423
=0.29841886

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=548.844/1873.161
=0.29300418

MonotaRO Co's gross margin of this year was 0.29841886. MonotaRO Co's gross margin of last year was 0.29300418. ==> 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)
=2141.423/942.877
=2.27115838

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1873.161/891.448
=2.10125661

MonotaRO Co's asset turnover of this year was 2.27115838. MonotaRO Co's asset turnover of last year was 2.10125661. ==> 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+0+0+1+1+1
=7

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

MonotaRO Co has an F-score of 7. 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 7 mean?
MonotaRO Co (MONOY) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MonotaRO Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, MonotaRO Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, MonotaRO Co ranks #97 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is MonotaRO Co's Piotroski F-Score too high?
MonotaRO Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. MonotaRO Co's value of 7 is 40% above this industry median. Based on the distribution chart, MonotaRO Co ranks #97 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, MonotaRO Co has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MonotaRO Co's Piotroski F-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, MonotaRO Co ranks #97 out of 1101 companies for Piotroski F-Score. This places MonotaRO Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. MonotaRO Co's value of 7 is 40% above this benchmark. Historically, MonotaRO Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, MonotaRO 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. MonotaRO 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 MonotaRO Co and its competitors. For the Retail - Cyclical 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. MonotaRO Co's current Piotroski F-Score is 7, which is 17% above 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 MonotaRO Co stock overvalued right now?
Based on GuruFocus' analysis, MonotaRO Co (MONOY) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.08, compared to a current price of $10.58 — trading 38.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Retail - Cyclical industry median of 5.00. MonotaRO Co's overall GF Score™ is 91/100. 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 MonotaRO Co (MONOY), the current Piotroski F-Score is 7 as of Jun. 24, 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 MonotaRO Co (MONOY) Overvalued in 2026?

Based on GuruFocus' analysis, MonotaRO Co stock appears to be undervalued. The current stock price of $10.58 is trading 38.1% below its estimated GF Value™ of $17.08. GuruFocus considers MonotaRO Co to be Significantly Undervalued.

Key valuation signals for MONOY:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $17.08 vs. price of $10.58 (38.1% below fair value)
  • GF Score™: 91/100
  • Industry Position: 40% above the Retail - Cyclical median (#97 of 1101)

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


MonotaRO Co Business Description

Other Exchanges 3064:Japan6XQ:Germany
Address 2-2-3 Umeda, JP Tower Osaka, 22nd Floor, Kita-ku, Osaka-shi, Osaka, JPN, 530-0001
MonotaRO Co is a Japanese e-commerce company selling industrial supply products.
91GF Score

Get the complete analysis for MONOY

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

$10.58
Price
$17.08
GF Value