Shiseido CoSSDOY -2.61%69 Piotroski F-Score is 5 as of Jun. 25, 2026, which is at its 10-year median of 5.00. GuruFocus rates SSDOY with a GF Score™ of 69/100 and a GF Value™ of $20.58 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Shiseido Co ranks better than 52.04% 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
Shiseido Co 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 Shiseido Co's Piotroski F-Score or its related term are showing as below:
SSDOY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Shiseido Co was 7. The lowest was 2. And the median was 5.
Shiseido Co (OTCPK:SSDOY) 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.
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.
Shiseido Co Piotroski F-Score Related Terms
Shiseido Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Shiseido 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.
SSDOY vs PG, CL, KVUE: Piotroski F-Score Comparison
For the Household & Personal Products subindustry, Shiseido 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.
Shiseido Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiseido Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shiseido Co's Piotroski F-Score falls into.
* 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 40.482 + -361.943 + 21.185 + 52.753 = $-248 Mil. Cash Flow from Operations was 245.038 + 159.939 + 310.124 + -5.294 = $710 Mil. Revenue was 1672.094 + 1514.822 + 1771.318 + 1461.772 = $6,420 Mil. Gross Profit was 1289.338 + 1141.429 + 1353.334 + 1146.061 = $4,930 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(8589.371 + 8655.673 + 8175.688 + 8127.865 + 8002.454) / 5 = $8310.2102 Mil. Total Assets at the begining of this year (Mar25) was $8,589 Mil. Long-Term Debt & Capital Lease Obligation was $1,546 Mil. Total Current Assets was $2,974 Mil. Total Current Liabilities was $2,341 Mil.
Net Income was 20.917 + 5.169 + -75.201 + 24.729 = $-24 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.
Shiseido Co's current Net Income (TTM) was -248.
==> Negative ==> Score 0.
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.
Shiseido Co's return on assets of this year was -0.02881736. Shiseido Co's return on assets of last year was -0.0027137.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shiseido Co's gearing of this year was 0.18606473. Shiseido Co's gearing of last year was 0.17582951.
==> 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
Shiseido Co's current ratio of this year was 1.27057484. Shiseido Co's current ratio of last year was 1.19690419.
==> 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.
Shiseido Co's number of shares in issue this year was 399.761. Shiseido Co's number of shares in issue last year was 399.35.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Shiseido Co's gross margin of this year was 0.76793729. Shiseido Co's gross margin of last year was 0.76651057.
==> 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
Shiseido Co's asset turnover of this year was 0.7474361. Shiseido Co's asset turnover of last year was 0.7135594.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shiseido Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Shiseido Co (SSDOY) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shiseido Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Shiseido Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Shiseido Co ranks #917 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Shiseido Co's Piotroski F-Score too high?
Shiseido Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Shiseido Co's value of 5 is 0% at this industry median. Based on the distribution chart, Shiseido Co ranks #917 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shiseido Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiseido Co's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shiseido Co ranks #917 out of 1912 companies for Piotroski F-Score. This puts Shiseido Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Shiseido Co's value of 5 is 0% at this benchmark. Historically, Shiseido Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Shiseido Co 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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. Shiseido Co'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 Shiseido 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. Shiseido Co's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiseido Co stock overvalued right now?
Based on GuruFocus' analysis, Shiseido Co (SSDOY) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.58, compared to a current price of $15.31 — trading 25.6% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Shiseido Co's overall GF Score™ is 69/100 with 6 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 Shiseido Co (SSDOY), the current Piotroski F-Score is 5 as of Jun. 25, 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 Shiseido Co (SSDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Shiseido Co stock appears to be undervalued.
The current stock price of $15.31 is trading 25.6% below its estimated GF Value™ of $20.58.
GuruFocus considers Shiseido Co to be Modestly Undervalued.
Key valuation signals for SSDOY:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: $20.58 vs. price of $15.31 (25.6% below fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#917 of 1912)
No single metric tells the full story. See the SSDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiseido is a leading Japanese cosmetics manufacturer focused in the prestige and premium categories. Founded in 1872, it was the first Western-style pharmacy in Ginza, Tokyo, and is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, which include its namesake brand, Clé de Peau Beauté, and NARS, had a 10.2% share of Japan's beauty and personal care market in 2024 according to Euromonitor. It is also ranked in the top 4-5 globally, with around 7% to 8% market share in premium and prestige color cosmetics and skincare. In terms of revenue, Japan and China, which include travel retail, are the two key markets making up 65% of group revenue in 2025.
69GF Score
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