Chugai Mining Co (TSE:1491) Piotroski F-Score: 6 (As of Jul. 12, 2026) — Near Median


TSE:1491 Chugai Mining Co Ltd TSE:1491
70 GF Score
Price 円726.00
GF Value 円1,822.30
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Chugai Mining Co Piotroski F-Score?

Chugai Mining Co TSE:1491 +0.41% 70 Piotroski F-Score is 6 as of Jul. 12, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:1491 with a GF Score™ of 70/100 and a GF Value™ of 円1,822.30 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,508 Metals & Mining companies, Chugai Mining Co ranks better than 91.39% 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

Chugai Mining Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

TSE:1491' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Chugai Mining Co was 7. The lowest was 3. And the median was 6.

Chugai Mining Co  (TSE:1491) 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.


Chugai Mining Co Piotroski F-Score Related Terms


Chugai Mining Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Chugai Mining 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.

Chugai Mining Co Piotroski F-Score Chart

Chugai Mining 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 7.00 3.00 5.00 5.00 6.00

Chugai Mining Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 5.00 0.00 0.00 0.00 6.00

TSE:1491 vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Chugai Mining 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.


Chugai Mining Co Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chugai Mining Co's Piotroski F-Score distribution charts can be found below:

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


TSE:1491
70GF Score
Chugai Mining Co Ltd TSE:1491
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1,514 Mil.
Cash Flow from Operations was 円2,601 Mil.
Revenue was 円281,692 Mil.
Gross Profit was 円5,080 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (16525.875 + 17570.586) / 2 = 円17048.2305 Mil.
Total Assets at the begining of this year (Mar25) was 円16,526 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,917 Mil.
Total Current Assets was 円13,259 Mil.
Total Current Liabilities was 円6,005 Mil.
Net Income was 円1,219 Mil.

Revenue was 円162,345 Mil.
Gross Profit was 円3,925 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (12135.201 + 16525.875) / 2 = 円14330.538 Mil.
Total Assets at the begining of last year (Mar24) was 円12,135 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,178 Mil.
Total Current Assets was 円13,127 Mil.
Total Current Liabilities was 円6,940 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.

Chugai Mining Co's current Net Income (TTM) was 1,514. ==> 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.

Chugai Mining Co's current Cash Flow from Operations (TTM) was 2,601. ==> 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)
=1513.705/16525.875
=0.09159606

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1218.72/12135.201
=0.1004285

Chugai Mining Co's return on assets of this year was 0.09159606. Chugai Mining Co's return on assets of last year was 0.1004285. ==> 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.

Chugai Mining Co's current Net Income (TTM) was 1,514. Chugai Mining Co's current Cash Flow from Operations (TTM) was 2,601. ==> 2,601 > 1,514 ==> 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
=1917.227/17048.2305
=0.112459

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1177.532/14330.538
=0.08216942

Chugai Mining Co's gearing of this year was 0.112459. Chugai Mining Co's gearing of last year was 0.08216942. ==> 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
=13258.979/6004.825
=2.20805419

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=13126.548/6940.037
=1.89142335

Chugai Mining Co's current ratio of this year was 2.20805419. Chugai Mining Co's current ratio of last year was 1.89142335. ==> 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.

Chugai Mining Co's number of shares in issue this year was 14.396. Chugai Mining Co's number of shares in issue last year was 14.41. ==> 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
=5079.818/281692.181
=0.01803322

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3925.129/162345.165
=0.02417768

Chugai Mining Co's gross margin of this year was 0.01803322. Chugai Mining Co's gross margin of last year was 0.02417768. ==> 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)
=281692.181/16525.875
=17.04552291

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=162345.165/12135.201
=13.37803675

Chugai Mining Co's asset turnover of this year was 17.04552291. Chugai Mining Co's asset turnover of last year was 13.37803675. ==> 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+0+1+1+0+1
=6

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

Chugai Mining Co has an F-score of 6 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 6 mean?
Chugai Mining Co (TSE:1491) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Chugai Mining Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Chugai Mining Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Chugai Mining Co ranks #216 out of 2508 companies in the Metals & Mining industry, placing it in the top 8.6%.
Is Chugai Mining Co's Piotroski F-Score too high?
Chugai Mining Co's current Piotroski F-Score of 6 is near 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 7.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Chugai Mining Co's value of 6 is 100% above this industry median. Based on the distribution chart, Chugai Mining Co ranks #216 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Chugai Mining Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chugai Mining Co's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Chugai Mining Co ranks #216 out of 2508 companies for Piotroski F-Score. This places Chugai Mining Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Chugai Mining Co's value of 6 is 100% above this benchmark. Historically, Chugai Mining Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Chugai Mining 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,508 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. Chugai Mining Co's current Piotroski F-Score of 6 is 100% 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 Chugai Mining Co and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Mining Co's current Piotroski F-Score is 6, which is near 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 Chugai Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Mining Co (TSE:1491) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,822.30, compared to a current price of 円726.00 — trading 60.2% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 100% above the Metals & Mining industry median of 3.00. Chugai Mining Co's overall GF Score™ is 70/100 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 Chugai Mining Co (TSE:1491), the current Piotroski F-Score is 6 as of Jul. 12, 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 Chugai Mining Co (TSE:1491) Overvalued in 2026?

Based on GuruFocus' analysis, Chugai Mining Co stock appears to be undervalued. The current stock price of 円726.00 is trading 60.2% below its estimated GF Value™ of 円1,822.30. GuruFocus considers Chugai Mining Co to be Significantly Undervalued.

Key valuation signals for TSE:1491:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円1,822.30 vs. price of 円726.00 (60.2% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 100% above the Metals & Mining median (#216 of 2508)

No single metric tells the full story. See the TSE:1491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugai Mining Co Business Description

Address Marunouchi Building 12F, Tokyo, JPN
Chugai Mining Co Ltd is a Japanese company which is engaged in the collecting, refining, retailing, and processing precious metals. It is also engaged in trading, brokering, and leasing of real estate. In addition, the company is involved in the designing, manufacturing, the wholesale and retail sale of licensed merchandise.
70GF Score

Get the complete analysis for TSE:1491

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

円726.00
Price
円1,822.30
GF Value