Hikari Food Service CoTSE:138A -0.30%19 Piotroski F-Score is 4 as of Jun. 30, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates TSE:138A with a GF Score™ of 19/100. Among 356 Restaurants companies, Hikari Food Service Co ranks worse than 70.51% 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
Hikari Food Service Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Hikari Food Service Co's Piotroski F-Score or its related term are showing as below:
TSE:138A'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 4
During the past 5 years, the highest Piotroski F-Score of Hikari Food Service Co was 8. The lowest was 4. And the median was 7.
Hikari Food Service Co (TSE:138A) 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.
Hikari Food Service Co Piotroski F-Score Related Terms
Hikari Food Service Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hikari Food Service 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.
TSE:138A vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, Hikari Food Service 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.
Hikari Food Service Co Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Hikari Food Service Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hikari Food Service 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.
*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.
Hikari Food Service Co's current Net Income (TTM) was 102.
==> 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.
Hikari Food Service Co's return on assets of this year was 0.04254071. Hikari Food Service Co's return on assets of last year was 0.0568557.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hikari Food Service Co's gearing of this year was 0.2466094. Hikari Food Service Co's gearing of last year was 0.28031957.
==> 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
Hikari Food Service Co's current ratio of this year was 2.49741002. Hikari Food Service Co's current ratio of last year was 2.89181535.
==> 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.
Hikari Food Service Co's number of shares in issue this year was 0.992. Hikari Food Service Co's number of shares in issue last year was 0.915.
==> 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.
Hikari Food Service Co's gross margin of this year was 0.73271396. Hikari Food Service Co's gross margin of last year was 0.73417582.
==> 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
Hikari Food Service Co's asset turnover of this year was 1.1882024. Hikari Food Service Co's asset turnover of last year was 1.45464215.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hikari Food Service Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Hikari Food Service Co (TSE:138A) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hikari Food Service Co and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, Hikari Food Service Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Hikari Food Service Co ranks #251 out of 356 companies in the Restaurants industry, placing it in the top 70.5%.
Is Hikari Food Service Co's Piotroski F-Score too high?
Hikari Food Service Co's current Piotroski F-Score of 4 is 43% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Restaurants industry median Piotroski F-Score is 5.00. Hikari Food Service Co's value of 4 is 20% below this industry median. Based on the distribution chart, Hikari Food Service Co ranks #251 out of 356 companies in the Restaurants industry, which is below the industry midpoint. Overall, Hikari Food Service Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Hikari Food Service Co's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Hikari Food Service Co ranks #251 out of 356 companies for Piotroski F-Score. This places Hikari Food Service Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hikari Food Service Co's value of 4 is 20% below this benchmark. Historically, Hikari Food Service Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Hikari Food Service 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 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. Hikari Food Service Co's current Piotroski F-Score of 4 is 20% 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 Hikari Food Service 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. Hikari Food Service Co's current Piotroski F-Score is 4, which is 43% below 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 Hikari Food Service Co stock overvalued right now?
Hikari Food Service Co (TSE:138A) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Restaurants industry median of 5.00. Hikari Food Service Co's overall GF Score™ is 19/100. 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 Hikari Food Service Co (TSE:138A), the current Piotroski F-Score is 4 as of Jun. 30, 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.
Hikari Food Service Co Ltd is engaged in the restaurant business in Japan. It mainly provides standing bar-style izakaya restaurants. Some of its restaurants are, Daikoku, Fish Camellia, Kanayamaya Family, and Yakiniku Delux.
19GF Score
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