Lihit Lab (NGO:7975) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


NGO:7975 Lihit Lab Inc NGO:7975
57 GF Score
Price 円902.00
GF Value 円958.83
! 4 Warning Signs
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What is Lihit Lab Piotroski F-Score?

Lihit Lab NGO:7975 57 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NGO:7975 with a GF Score™ of 57/100 and a GF Value™ of 円958.83. The stock has 4 warning signs investors should review. Among 2,979 Industrial Products companies, Lihit Lab ranks better than 56.63% 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

Lihit Lab has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

NGO:7975' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 5

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

Lihit Lab  (NGO:7975) 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.


Lihit Lab Piotroski F-Score Related Terms


Lihit Lab Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lihit Lab'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.

Lihit Lab Piotroski F-Score Chart

Lihit Lab Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 4.00 8.00 5.00

Lihit Lab Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 4.00 0.00 8.00 0.00 5.00

Lihit Lab Piotroski F-Score Competitor Comparison

For the Business Equipment & Supplies subindustry, Lihit Lab'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.


Lihit Lab Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lihit Lab's Piotroski F-Score distribution charts can be found below:

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


NGO:7975
57GF Score
Lihit Lab Inc NGO:7975
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円67 Mil.
Cash Flow from Operations was 円48 Mil.
Revenue was 円9,124 Mil.
Gross Profit was 円3,103 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (13432.41 + 13516.274) / 2 = 円13474.342 Mil.
Total Assets at the begining of this year (Feb25) was 円13,432 Mil.
Long-Term Debt & Capital Lease Obligation was 円170 Mil.
Total Current Assets was 円5,724 Mil.
Total Current Liabilities was 円1,054 Mil.
Net Income was 円412 Mil.

Revenue was 円9,221 Mil.
Gross Profit was 円2,980 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (13117.527 + 13432.41) / 2 = 円13274.9685 Mil.
Total Assets at the begining of last year (Feb24) was 円13,118 Mil.
Long-Term Debt & Capital Lease Obligation was 円195 Mil.
Total Current Assets was 円7,206 Mil.
Total Current Liabilities was 円1,302 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.

Lihit Lab's current Net Income (TTM) was 67. ==> 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.

Lihit Lab's current Cash Flow from Operations (TTM) was 48. ==> 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 (Feb25)
=67.066/13432.41
=0.00499285

ROA (Last Year)=Net Income/Total Assets (Feb24)
=411.573/13117.527
=0.03137581

Lihit Lab's return on assets of this year was 0.00499285. Lihit Lab's return on assets of last year was 0.03137581. ==> 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.

Lihit Lab's current Net Income (TTM) was 67. Lihit Lab's current Cash Flow from Operations (TTM) was 48. ==> 48 <= 67 ==> CFROA <= ROA ==> Score 0.

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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=170/13474.342
=0.01261657

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=195/13274.9685
=0.0146893

Lihit Lab's gearing of this year was 0.01261657. Lihit Lab's gearing of last year was 0.0146893. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=5724.04/1053.803
=5.43179323

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=7205.604/1302.014
=5.53419856

Lihit Lab's current ratio of this year was 5.43179323. Lihit Lab's current ratio of last year was 5.53419856. ==> 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.

Lihit Lab's number of shares in issue this year was 3.392. Lihit Lab's number of shares in issue last year was 3.393. ==> 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
=3102.825/9124.181
=0.34006614

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2979.991/9220.521
=0.32319117

Lihit Lab's gross margin of this year was 0.34006614. Lihit Lab's gross margin of last year was 0.32319117. ==> 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 (Feb25)
=9124.181/13432.41
=0.67926612

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=9220.521/13117.527
=0.70291611

Lihit Lab's asset turnover of this year was 0.67926612. Lihit Lab's asset turnover of last year was 0.70291611. ==> 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+0+1+0+1+1+0
=5

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

Lihit Lab has an F-score of 5 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 5 mean?
Lihit Lab (NGO:7975) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lihit Lab and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Lihit Lab's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Lihit Lab ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Lihit Lab's Piotroski F-Score too high?
Lihit Lab's current Piotroski F-Score of 5 is 17% below 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 Industrial Products industry median Piotroski F-Score is 5.00. Lihit Lab's value of 5 is 0% at this industry median. Based on the distribution chart, Lihit Lab ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Lihit Lab has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Lihit Lab's Piotroski F-Score compare to competitors?
According to the Industrial Products industry distribution chart, Lihit Lab ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Lihit Lab in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Lihit Lab's value of 5 is 0% at this benchmark. Historically, Lihit Lab'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, Lihit Lab has consistently been at 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Lihit Lab's current Piotroski F-Score of 5 is 0% at 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 Lihit Lab and its competitors. For the Industrial Products 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. Lihit Lab's current Piotroski F-Score is 5, which is 17% below 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 Lihit Lab stock overvalued right now?
Lihit Lab (NGO:7975) has a current Piotroski F-Score of 5. The stock's GF Value™ is 円958.83, compared to a current price of 円902.00 — trading 5.9% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Industrial Products industry median of 5.00. Lihit Lab's overall GF Score™ is 57/100 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 Lihit Lab (NGO:7975), the current Piotroski F-Score is 5 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 Lihit Lab (NGO:7975) Overvalued in 2026?

Based on GuruFocus' analysis, Lihit Lab stock appears to be undervalued. The current stock price of 円902.00 is trading 5.9% below its estimated GF Value™ of 円958.83.

Key valuation signals for NGO:7975:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円958.83 vs. price of 円902.00 (5.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 0% at the Industrial Products median (#1292 of 2979)

No single metric tells the full story. See the NGO:7975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lihit Lab Business Description

Other Exchanges 7975:Japan
Address 1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526
Lihit Lab Inc is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.
57GF Score

Get the complete analysis for NGO:7975

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

円902.00
Price
円958.83
GF Value