USS Co (NGO:4732) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 14% Above Median


NGO:4732 USS Co Ltd NGO:4732
94 GF Score
Price 円1,902.00
GF Value 円1,649.27
! 4 Warning Signs
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What is USS Co Piotroski F-Score?

USS Co NGO:4732 94 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates NGO:4732 with a GF Score™ of 94/100 and a GF Value™ of 円1,649.27. The stock has 4 warning signs investors should review. Among 1,286 Vehicles & Parts companies, USS Co ranks better than 97.74% 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

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

NGO:4732' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of USS Co was 8. The lowest was 5. And the median was 7.

USS Co  (NGO:4732) 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.


USS Co Piotroski F-Score Related Terms


USS Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for USS 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.

USS Co Piotroski F-Score Chart

USS 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 8.00 7.00 7.00 8.00 8.00

USS 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 8.00 6.00 7.00 8.00 8.00

NGO:4732 vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, USS 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.


USS Co Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, USS Co's Piotroski F-Score distribution charts can be found below:

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


NGO:4732
94GF Score
USS Co Ltd NGO:4732
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 10232 + 9719 + 10480 + 10929 = 円41,360 Mil.
Cash Flow from Operations was 3966 + 11194 + 2423 + 26330 = 円43,913 Mil.
Revenue was 27389 + 26590 + 28990 + 30885 = 円113,854 Mil.
Gross Profit was 17374 + 16823 + 18055 + 19199 = 円71,451 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(267348 + 245061 + 252738 + 245943 + 270130) / 5 = 円256244 Mil.
Total Assets at the begining of this year (Mar25) was 円267,348 Mil.
Long-Term Debt & Capital Lease Obligation was 円30 Mil.
Total Current Assets was 円141,741 Mil.
Total Current Liabilities was 円52,169 Mil.
Net Income was 9252 + 8888 + 9470 + 10026 = 円37,636 Mil.

Revenue was 25640 + 24816 + 26196 + 27369 = 円104,021 Mil.
Gross Profit was 15997 + 15395 + 16224 + 17205 = 円64,821 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(271557 + 265572 + 262235 + 236594 + 267348) / 5 = 円260661.2 Mil.
Total Assets at the begining of last year (Mar24) was 円271,557 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,651 Mil.
Total Current Assets was 円144,641 Mil.
Total Current Liabilities was 円51,151 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.

USS Co's current Net Income (TTM) was 41,360. ==> 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.

USS Co's current Cash Flow from Operations (TTM) was 43,913. ==> 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)
=41360/267348
=0.15470473

ROA (Last Year)=Net Income/Total Assets (Mar24)
=37636/271557
=0.13859337

USS Co's return on assets of this year was 0.15470473. USS Co's return on assets of last year was 0.13859337. ==> 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.

USS Co's current Net Income (TTM) was 41,360. USS Co's current Cash Flow from Operations (TTM) was 43,913. ==> 43,913 > 41,360 ==> 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
=30/256244
=0.00011708

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1651/260661.2
=0.00633389

USS Co's gearing of this year was 0.00011708. USS Co's gearing of last year was 0.00633389. ==> 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
=141741/52169
=2.71695835

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=144641/51151
=2.82772575

USS Co's current ratio of this year was 2.71695835. USS Co's current ratio of last year was 2.82772575. ==> 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.

USS Co's number of shares in issue this year was 467.186. USS Co's number of shares in issue last year was 479.378. ==> 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
=71451/113854
=0.62756688

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=64821/104021
=0.62315302

USS Co's gross margin of this year was 0.62756688. USS Co's gross margin of last year was 0.62315302. ==> 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)
=113854/267348
=0.42586442

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=104021/271557
=0.38305402

USS Co's asset turnover of this year was 0.42586442. USS Co's asset turnover of last year was 0.38305402. ==> 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

USS 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?
USS Co (NGO:4732) 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 USS Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, USS Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, USS Co ranks #29 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is USS Co's Piotroski F-Score too high?
USS Co's 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 5.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. USS Co's value of 8 is 60% above this industry median. Based on the distribution chart, USS Co ranks #29 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, USS Co has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does USS Co's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, USS Co ranks #29 out of 1286 companies for Piotroski F-Score. This places USS Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. USS Co's value of 8 is 60% above this benchmark. Historically, USS Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, USS 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. USS 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 USS Co and its competitors. For the Vehicles & Parts 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. USS Co'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 USS Co stock overvalued right now?
USS Co (NGO:4732) has a current Piotroski F-Score of 8. The stock's GF Value™ is 円1,649.27, compared to a current price of 円1,902.00 — trading 15.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Vehicles & Parts industry median of 5.00. USS Co's overall GF Score™ is 94/100 with 4 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 USS Co (NGO:4732), 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 USS Co (NGO:4732) Overvalued in 2026?

Based on GuruFocus' analysis, USS Co stock appears to be overvalued. The current stock price of 円1,902.00 is trading 15.3% above its estimated GF Value™ of 円1,649.27.

Key valuation signals for NGO:4732:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: 円1,649.27 vs. price of 円1,902.00 (15.3% above fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 60% above the Vehicles & Parts median (#29 of 1286)

No single metric tells the full story. See the NGO:4732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


USS Co Business Description

Other Exchanges USSJY:USA4732:Japan
Address 507-20 Shinhocho, Aichi Prefecture, Tokai, JPN, 476-0005
USS Co Ltd operates auto auctions and provides various services related to automobile auctions, purchases, and sales of used cars, as well as recycling operations. The company has three reportable segments: Auto Auctions, Used Automobile Purchase and Sales, and Recycling. The Auto Auctions segment handles auctions for used cars and motorcycles, provides information and transportation services, and offers financial services to auction members. The Used Automobile Purchase and Sales segment engages in the purchase and sale of used and damaged cars, while the Recycling segment focuses on recycling end-of-life vehicles and scrap metals and managing facility disposal projects. It generates the majority of its revenue from the Auto auction segment.
94GF Score

Get the complete analysis for NGO:4732

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

円1,902.00
Price
円1,649.27
GF Value