TKLF (Tokyo Lifestyle Co) Piotroski F-Score: 3 (As of Sep. 07, 2026) — Near Median

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TKLF Tokyo Lifestyle Co Ltd TKLF
58 GF Score
Price $1.78
GF Value $6.76
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Tokyo Lifestyle Co Piotroski F-Score?

Tokyo Lifestyle Co TKLF +1.71% 58 Piotroski F-Score is 3 as of Sep. 07, 2026, which is at its 10-year median of 3.00. GuruFocus rates TKLF with a GF Score™ of 58/100 and a GF Value™ of $6.76 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Tokyo Lifestyle Co ranks worse than 86.74% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Tokyo Lifestyle Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

TKLF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 6
Current: 3

During the past 7 years, the highest Piotroski F-Score of Tokyo Lifestyle Co was 6. The lowest was 1. And the median was 3.

Tokyo Lifestyle Co  (NAS:TKLF) 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.


Tokyo Lifestyle Co Piotroski F-Score Related Terms


Tokyo Lifestyle Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tokyo Lifestyle 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.

Tokyo Lifestyle Co Piotroski F-Score Chart

Tokyo Lifestyle Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 2.00 1.00 6.00 3.00 3.00

Tokyo Lifestyle Co Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.00 0.00 3.00 0.00 3.00

TKLF vs BQ, CGTL, LESL: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Tokyo Lifestyle 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.


Tokyo Lifestyle Co Piotroski F-Score vs Retail - Cyclical Industry

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

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


TKLF
58GF Score
Tokyo Lifestyle Co Ltd TKLF
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 $0.7 Mil.
Cash Flow from Operations was $-10.3 Mil.
Revenue was $373.2 Mil.
Gross Profit was $28.1 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (157.83 + 233.636) / 2 = $195.733 Mil.
Total Assets at the begining of this year (Mar25) was $157.8 Mil.
Long-Term Debt & Capital Lease Obligation was $17.3 Mil.
Total Current Assets was $219.4 Mil.
Total Current Liabilities was $168.4 Mil.
Net Income was $6.6 Mil.

Revenue was $210.1 Mil.
Gross Profit was $23.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (141.997 + 157.83) / 2 = $149.9135 Mil.
Total Assets at the begining of last year (Mar24) was $142.0 Mil.
Long-Term Debt & Capital Lease Obligation was $10.6 Mil.
Total Current Assets was $137.2 Mil.
Total Current Liabilities was $101.5 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.

Tokyo Lifestyle Co's current Net Income (TTM) was 0.7. ==> 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.

Tokyo Lifestyle Co's current Cash Flow from Operations (TTM) was -10.3. ==> Negative ==> Score 0.

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)
=0.717/157.83
=0.00454286

ROA (Last Year)=Net Income/Total Assets (Mar24)
=6.638/141.997
=0.04674747

Tokyo Lifestyle Co's return on assets of this year was 0.00454286. Tokyo Lifestyle Co's return on assets of last year was 0.04674747. ==> 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.

Tokyo Lifestyle Co's current Net Income (TTM) was 0.7. Tokyo Lifestyle Co's current Cash Flow from Operations (TTM) was -10.3. ==> -10.3 <= 0.7 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=17.26/195.733
=0.08818135

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=10.624/149.9135
=0.07086753

Tokyo Lifestyle Co's gearing of this year was 0.08818135. Tokyo Lifestyle Co's gearing of last year was 0.07086753. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=219.436/168.369
=1.30330405

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=137.218/101.458
=1.35246112

Tokyo Lifestyle Co's current ratio of this year was 1.30330405. Tokyo Lifestyle Co's current ratio of last year was 1.35246112. ==> 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.

Tokyo Lifestyle Co's number of shares in issue this year was 4.233. Tokyo Lifestyle Co's number of shares in issue last year was 4.488. ==> 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
=28.105/373.224
=0.0753033

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23.917/210.119
=0.11382597

Tokyo Lifestyle Co's gross margin of this year was 0.0753033. Tokyo Lifestyle Co's gross margin of last year was 0.11382597. ==> Last year's gross margin is higher ==> Score 0.

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)
=373.224/157.83
=2.36472154

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=210.119/141.997
=1.47974253

Tokyo Lifestyle Co's asset turnover of this year was 2.36472154. Tokyo Lifestyle Co's asset turnover of last year was 1.47974253. ==> 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+0+0+0+0+0+1+0+1
=3

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

Tokyo Lifestyle Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Tokyo Lifestyle Co (TKLF) has a Piotroski F-Score of 3 as of Sep. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tokyo Lifestyle Co and its competitors. This is near median its historical median of 3.00. Over the past decade, Tokyo Lifestyle Co's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Tokyo Lifestyle Co ranks #955 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 86.7%.
Is Tokyo Lifestyle Co's Piotroski F-Score too high?
Tokyo Lifestyle Co's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Tokyo Lifestyle Co's value of 3 is 50% below this industry median. Based on the distribution chart, Tokyo Lifestyle Co ranks #955 out of 1101 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tokyo Lifestyle Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tokyo Lifestyle Co's Piotroski F-Score compare to BQ and CGTL?
According to the Retail - Cyclical industry distribution chart, Tokyo Lifestyle Co ranks #955 out of 1101 companies for Piotroski F-Score. This places Tokyo Lifestyle Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Tokyo Lifestyle Co's value of 3 is 50% below this benchmark. Historically, Tokyo Lifestyle Co's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Tokyo Lifestyle Co has consistently been below 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,101 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. Tokyo Lifestyle Co's current Piotroski F-Score of 3 is 50% below 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 Tokyo Lifestyle Co and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Lifestyle Co's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Lifestyle Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Lifestyle Co (TKLF) is currently considered Possible Value Trap. The stock's GF Value™ is $6.76, compared to a current price of $1.78 — trading 73.7% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 50% below the Retail - Cyclical industry median of 6.00. Tokyo Lifestyle Co's overall GF Score™ is 58/100 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 Tokyo Lifestyle Co (TKLF), the current Piotroski F-Score is 3 as of Sep. 07, 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 Tokyo Lifestyle Co (TKLF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Lifestyle Co stock appears to be undervalued. The current stock price of $1.78 is trading 73.7% below its estimated GF Value™ of $6.76. GuruFocus considers Tokyo Lifestyle Co to be Possible Value Trap.

Key valuation signals for TKLF:

  • Piotroski F-Score: 3 (near median its 10-year median of 3.00)
  • GF Value™: $6.76 vs. price of $1.78 (73.7% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 50% below the Retail - Cyclical median (#955 of 1101)

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


Tokyo Lifestyle Co Business Description

Address 2-5-9 Kotobashi, Harumi Building, Sumida-Ku, Tokyo, JPN, 130-0022
Tokyo Lifestyle Co Ltd, formerly Yoshitsu Co Ltd is a retailer and wholesaler of Japanese beauty and health products, as well as other products. Its products include cosmetics, skincare, fragrance, and body care. The company's segment includes Directly-Operated Physical Stores, Online Stores and Services, and Franchise Stores and Wholesale Customers. The company generates maximum revenue from the Franchise Stores and Wholesale Customers segment. Geographically, the company generates maximum revenue from Hong Kong, followed by Japan, the United States, and other overseas markets.
58GF Score

Get the complete analysis for TKLF

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

$1.78
Price
$6.76
GF Value