Chubu Shiryo Co (NGO:2053) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 33% Above Median


NGO:2053 Chubu Shiryo Co Ltd NGO:2053
68 GF Score
Price 円1,412.00
GF Value 円1,059.63
! 3 Warning Signs
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What is Chubu Shiryo Co Piotroski F-Score?

Chubu Shiryo Co NGO:2053 68 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates NGO:2053 with a GF Score™ of 68/100 and a GF Value™ of 円1,059.63. The stock has 3 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Chubu Shiryo Co ranks better than 97.64% 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

Chubu Shiryo Co 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 Chubu Shiryo Co's Piotroski F-Score or its related term are showing as below:

NGO:2053' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Chubu Shiryo Co was 8. The lowest was 3. And the median was 6.

Chubu Shiryo Co  (NGO:2053) 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.


Chubu Shiryo Co Piotroski F-Score Related Terms


Chubu Shiryo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Chubu Shiryo 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.

Chubu Shiryo Co Piotroski F-Score Chart

Chubu Shiryo Co 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 4.00 3.00 8.00 5.00 8.00

Chubu Shiryo 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 5.00 0.00 0.00 0.00 8.00

NGO:2053 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Chubu Shiryo 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.


Chubu Shiryo Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


NGO:2053
68GF Score
Chubu Shiryo Co Ltd NGO:2053
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 円5,551 Mil.
Cash Flow from Operations was 円7,193 Mil.
Revenue was 円211,814 Mil.
Gross Profit was 円21,765 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (101582 + 108935) / 2 = 円105258.5 Mil.
Total Assets at the begining of this year (Mar25) was 円101,582 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,399 Mil.
Total Current Assets was 円67,977 Mil.
Total Current Liabilities was 円25,012 Mil.
Net Income was 円3,503 Mil.

Revenue was 円209,837 Mil.
Gross Profit was 円18,591 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (103824 + 101582) / 2 = 円102703 Mil.
Total Assets at the begining of last year (Mar24) was 円103,824 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,333 Mil.
Total Current Assets was 円66,157 Mil.
Total Current Liabilities was 円23,361 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.

Chubu Shiryo Co's current Net Income (TTM) was 5,551. ==> 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.

Chubu Shiryo Co's current Cash Flow from Operations (TTM) was 7,193. ==> 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)
=5551/101582
=0.05464551

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3503/103824
=0.03373979

Chubu Shiryo Co's return on assets of this year was 0.05464551. Chubu Shiryo Co's return on assets of last year was 0.03373979. ==> 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.

Chubu Shiryo Co's current Net Income (TTM) was 5,551. Chubu Shiryo Co's current Cash Flow from Operations (TTM) was 7,193. ==> 7,193 > 5,551 ==> 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
=5399/105258.5
=0.05129277

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6333/102703
=0.06166324

Chubu Shiryo Co's gearing of this year was 0.05129277. Chubu Shiryo Co's gearing of last year was 0.06166324. ==> 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
=67977/25012
=2.71777547

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=66157/23361
=2.83194213

Chubu Shiryo Co's current ratio of this year was 2.71777547. Chubu Shiryo Co's current ratio of last year was 2.83194213. ==> 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.

Chubu Shiryo Co's number of shares in issue this year was 29.129. Chubu Shiryo Co's number of shares in issue last year was 29.568. ==> 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
=21765/211814
=0.10275525

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=18591/209837
=0.08859734

Chubu Shiryo Co's gross margin of this year was 0.10275525. Chubu Shiryo Co's gross margin of last year was 0.08859734. ==> 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)
=211814/101582
=2.08515288

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=209837/103824
=2.02108376

Chubu Shiryo Co's asset turnover of this year was 2.08515288. Chubu Shiryo Co's asset turnover of last year was 2.02108376. ==> 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

Chubu Shiryo Co has an F-score of 8. 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 8 mean?
Chubu Shiryo Co (NGO:2053) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Chubu Shiryo Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Chubu Shiryo Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Chubu Shiryo Co ranks #45 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is Chubu Shiryo Co's Piotroski F-Score too high?
Chubu Shiryo Co's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Chubu Shiryo Co's value of 8 is 60% above this industry median. Based on the distribution chart, Chubu Shiryo Co ranks #45 out of 1910 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Chubu Shiryo Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Shiryo Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Chubu Shiryo Co ranks #45 out of 1910 companies for Piotroski F-Score. This places Chubu Shiryo Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Chubu Shiryo Co's value of 8 is 60% above this benchmark. Historically, Chubu Shiryo Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Chubu Shiryo 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 1,910 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. Chubu Shiryo Co'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 Chubu Shiryo 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. Chubu Shiryo Co's current Piotroski F-Score is 8, which is 33% 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 Chubu Shiryo Co stock overvalued right now?
Chubu Shiryo Co (NGO:2053) has a current Piotroski F-Score of 8. The stock's GF Value™ is 円1,059.63, compared to a current price of 円1,412.00 — trading 33.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Chubu Shiryo Co's overall GF Score™ is 68/100 with 3 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 Chubu Shiryo Co (NGO:2053), the current Piotroski F-Score is 8 as of Jun. 28, 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 Chubu Shiryo Co (NGO:2053) Overvalued in 2026?

Based on GuruFocus' analysis, Chubu Shiryo Co stock appears to be overvalued. The current stock price of 円1,412.00 is trading 33.3% above its estimated GF Value™ of 円1,059.63.

Key valuation signals for NGO:2053:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円1,059.63 vs. price of 円1,412.00 (33.3% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#45 of 1910)

No single metric tells the full story. See the NGO:2053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chubu Shiryo Co Business Description

Other Exchanges 2053:Japan
Address Nishiki 2 - chome Naka - ku, Takita Nagoya Building, 5th Floor, Aichi Prefecture, Nagoya - shi, JPN, 460-0003
Chubu Shiryo Co Ltd is a Japan-based company engaged in the manufacturing and selling of formulated feed for livestock and fishery. It also provides domestic animal examination service such as animal hygiene management, pathological examination and breeding teaching guidance. In addition, the company is also involved in the sale of livestock products such as eggs, poultry, chicken, briquettes and others.
68GF Score

Get the complete analysis for NGO:2053

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

円1,412.00
Price
円1,059.63
GF Value