Kisoji Co (NGO:8160) Piotroski F-Score: 8 (As of Jun. 29, 2026) — 14% Above Median


NGO:8160 Kisoji Co Ltd NGO:8160
77 GF Score
Price 円2,426.00
GF Value 円2,717.73
! 2 Warning Signs
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What is Kisoji Co Piotroski F-Score?

Kisoji Co NGO:8160 77 Piotroski F-Score is 8 as of Jun. 29, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates NGO:8160 with a GF Score™ of 77/100 and a GF Value™ of 円2,717.73. The stock has 2 warning signs investors should review. Among 356 Restaurants companies, Kisoji Co ranks better than 96.35% 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

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

NGO:8160' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Kisoji Co was 8. The lowest was 2. And the median was 7.

Kisoji Co  (NGO:8160) 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.


Kisoji Co Piotroski F-Score Related Terms


Kisoji Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kisoji 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.

Kisoji Co Piotroski F-Score Chart

Kisoji 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 6.00 5.00 7.00 8.00 8.00

Kisoji 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 0.00 0.00 0.00 8.00

NGO:8160 vs MCD, SBUX, YUM: Piotroski F-Score Comparison

For the Restaurants subindustry, Kisoji 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.


Kisoji Co Piotroski F-Score vs Restaurants Industry

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

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


NGO:8160
77GF Score
Kisoji Co Ltd NGO:8160
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 円1,728 Mil.
Cash Flow from Operations was 円5,431 Mil.
Revenue was 円54,570 Mil.
Gross Profit was 円37,342 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (46781 + 48498) / 2 = 円47639.5 Mil.
Total Assets at the begining of this year (Mar25) was 円46,781 Mil.
Long-Term Debt & Capital Lease Obligation was 円225 Mil.
Total Current Assets was 円20,810 Mil.
Total Current Liabilities was 円13,830 Mil.
Net Income was 円3,166 Mil.

Revenue was 円53,229 Mil.
Gross Profit was 円36,290 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (46215 + 46781) / 2 = 円46498 Mil.
Total Assets at the begining of last year (Mar24) was 円46,215 Mil.
Long-Term Debt & Capital Lease Obligation was 円424 Mil.
Total Current Assets was 円19,503 Mil.
Total Current Liabilities was 円13,212 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.

Kisoji Co's current Net Income (TTM) was 1,728. ==> 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.

Kisoji Co's current Cash Flow from Operations (TTM) was 5,431. ==> 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)
=1728/46781
=0.03693807

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3166/46215
=0.0685059

Kisoji Co's return on assets of this year was 0.03693807. Kisoji Co's return on assets of last year was 0.0685059. ==> 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.

Kisoji Co's current Net Income (TTM) was 1,728. Kisoji Co's current Cash Flow from Operations (TTM) was 5,431. ==> 5,431 > 1,728 ==> 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
=225/47639.5
=0.00472297

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=424/46498
=0.00911867

Kisoji Co's gearing of this year was 0.00472297. Kisoji Co's gearing of last year was 0.00911867. ==> 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
=20810/13830
=1.50469993

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=19503/13212
=1.47615804

Kisoji Co's current ratio of this year was 1.50469993. Kisoji Co's current ratio of last year was 1.47615804. ==> 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.

Kisoji Co's number of shares in issue this year was 28.159. Kisoji Co's number of shares in issue last year was 28.16. ==> 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
=37342/54570
=0.6842954

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=36290/53229
=0.68177121

Kisoji Co's gross margin of this year was 0.6842954. Kisoji Co's gross margin of last year was 0.68177121. ==> 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)
=54570/46781
=1.16649922

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=53229/46215
=1.15176891

Kisoji Co's asset turnover of this year was 1.16649922. Kisoji Co's asset turnover of last year was 1.15176891. ==> 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+0+1+1+1+1+1+1
=8

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

Kisoji 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?
Kisoji Co (NGO:8160) has a Piotroski F-Score of 8 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kisoji Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Kisoji Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Kisoji Co ranks #13 out of 356 companies in the Restaurants industry, placing it in the top 3.7%.
Is Kisoji Co's Piotroski F-Score too high?
Kisoji 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 2.00 to a high of 8.00. The Restaurants industry median Piotroski F-Score is 5.00. Kisoji Co's value of 8 is 60% above this industry median. Based on the distribution chart, Kisoji Co ranks #13 out of 356 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Kisoji Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Kisoji Co's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Kisoji Co ranks #13 out of 356 companies for Piotroski F-Score. This places Kisoji Co in the top 4% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kisoji Co's value of 8 is 60% above this benchmark. Historically, Kisoji Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kisoji 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 356 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. Kisoji 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 Kisoji Co and its competitors. For the Restaurants 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. Kisoji 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 Kisoji Co stock overvalued right now?
Kisoji Co (NGO:8160) has a current Piotroski F-Score of 8. The stock's GF Value™ is 円2,717.73, compared to a current price of 円2,426.00 — trading 10.7% below 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 Restaurants industry median of 5.00. Kisoji Co's overall GF Score™ is 77/100 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 Kisoji Co (NGO:8160), the current Piotroski F-Score is 8 as of Jun. 29, 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 Kisoji Co (NGO:8160) Overvalued in 2026?

Based on GuruFocus' analysis, Kisoji Co stock appears to be undervalued. The current stock price of 円2,426.00 is trading 10.7% below its estimated GF Value™ of 円2,717.73.

Key valuation signals for NGO:8160:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: 円2,717.73 vs. price of 円2,426.00 (10.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 60% above the Restaurants median (#13 of 356)

No single metric tells the full story. See the NGO:8160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kisoji Co Business Description

Other Exchanges 8160:Japan
Address 3-18-13 Shirogane, Showa-ku, Nagoya, JPN, 466-8507
Kisoji Co Ltd operates several restaurants in Japan. The company operates through the following divisions of businesses Kisoji, Sozaiya, Suzunoren, Torikaku, Janjantei, and Uno. Through these, it offers shabu-shabu and Japanese cuisine, Japanese-style pubs, and mainly Japanese restaurants. It also manages restaurants with specialty chicken dishes, a variety of grilled meat and wineries.
77GF Score

Get the complete analysis for NGO:8160

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

円2,426.00
Price
円2,717.73
GF Value