Piotroski F-Score of 2 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
Sumitomo Mitsui Construction Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Sumitomo Mitsui Construction Co's Piotroski F-Score or its related term are showing as below:
TSE:1821'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 9
Current: 2
During the past 13 years, the highest Piotroski F-Score of Sumitomo Mitsui Construction Co was 9. The lowest was 1. And the median was 5.
Sumitomo Mitsui Construction Co (TSE:1821) 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.
Sumitomo Mitsui Construction Co Piotroski F-Score Related Terms
Sumitomo Mitsui Construction Co Piotroski F-Score Historical Data
* 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.
Sumitomo Mitsui Construction Co Piotroski F-Score Chart
TSE:1821 vs HON, MMM: Piotroski F-Score Comparison
For the Conglomerates subindustry, Sumitomo Mitsui Construction 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.
Sumitomo Mitsui Construction Co Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Sumitomo Mitsui Construction Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sumitomo Mitsui Construction 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.
Sumitomo Mitsui Construction Co's current Net Income (TTM) was 855.
==> 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.
Sumitomo Mitsui Construction Co's current Cash Flow from Operations (TTM) was -16,707.
==> 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.
Sumitomo Mitsui Construction Co's return on assets of this year was 0.00207725. Sumitomo Mitsui Construction Co's return on assets of last year was 0.00976709.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sumitomo Mitsui Construction Co's gearing of this year was 0.10386362. Sumitomo Mitsui Construction Co's gearing of last year was 0.14756241.
==> 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
Sumitomo Mitsui Construction Co's current ratio of this year was 1.32393504. Sumitomo Mitsui Construction Co's current ratio of last year was 1.38925167.
==> 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.
Sumitomo Mitsui Construction Co's number of shares in issue this year was 156.821. Sumitomo Mitsui Construction Co's number of shares in issue last year was 156.633.
==> 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.
Sumitomo Mitsui Construction Co's gross margin of this year was 0.07173281. Sumitomo Mitsui Construction Co's gross margin of last year was 0.07319266.
==> 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
Sumitomo Mitsui Construction Co's asset turnover of this year was 1.12483206. Sumitomo Mitsui Construction Co's asset turnover of last year was 1.16904667.
==> 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
Sumitomo Mitsui Construction Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Sumitomo Mitsui Construction Co (TSE:1821) has a Piotroski F-Score of 2 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sumitomo Mitsui Construction Co and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, Sumitomo Mitsui Construction Co's Piotroski F-Score has ranged from 1.00 to 9.00.
Is Sumitomo Mitsui Construction Co's Piotroski F-Score too high?
Sumitomo Mitsui Construction Co's current Piotroski F-Score of 2 is 60% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. Sumitomo Mitsui Construction Co's value of 2 is 60% below this industry median. Overall, Sumitomo Mitsui Construction Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Mitsui Construction Co's Piotroski F-Score compare to HON and MMM?
Sumitomo Mitsui Construction Co's Piotroski F-Score of 2 can be compared against companies in the Conglomerates industry. The industry median Piotroski F-Score is 5.00. Sumitomo Mitsui Construction Co's value of 2 is 60% below this benchmark. Historically, Sumitomo Mitsui Construction Co's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Sumitomo Mitsui Construction 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. Sumitomo Mitsui Construction Co's current Piotroski F-Score of 2 is 60% 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 Sumitomo Mitsui Construction Co and its competitors. For the Conglomerates 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. Sumitomo Mitsui Construction Co's current Piotroski F-Score is 2, which is 60% below 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 Sumitomo Mitsui Construction Co stock overvalued right now?
Sumitomo Mitsui Construction Co (TSE:1821) has a current Piotroski F-Score of 2. The stock's GF Value™ is 円380.71, compared to a current price of 円596.00 — trading 56.5% above its estimated fair value. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Conglomerates industry median of 5.00. Sumitomo Mitsui Construction Co's overall GF Score™ is 47/100 with 10 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 Sumitomo Mitsui Construction Co (TSE:1821), the current Piotroski F-Score is 2 as of Jul. 02, 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 Sumitomo Mitsui Construction Co (TSE:1821) Overvalued in 2026?
Based on GuruFocus' analysis, Sumitomo Mitsui Construction Co stock appears to be overvalued.
The current stock price of 円596.00 is trading 56.5% above its estimated GF Value™ of 円380.71.
Key valuation signals for TSE:1821:
Piotroski F-Score: 2 (60% below median its 10-year median of 5.00)
GF Value™: 円380.71 vs. price of 円596.00 (56.5% above fair value)
Industry Position: 60% below the Conglomerates median
No single metric tells the full story. See the TSE:1821 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumitomo Mitsui Construction Co Business Description
Sumitomo Mitsui Construction Co Ltd is a construction company based in Japan. The company is primarily engaged in designing, engineering and executing civil projects which mainly include skyscrapers and high-rise buildings. It uses various technologies, such as controllable wide wall column, inverted construction method, lead rubber isolator, flat lead plug rubber, and dustless shotcrete method to construct high rise buildings and tunnel branching. It also engages in real estate trading, leasing, and management services.
47GF Score
Get the complete analysis for TSE:1821
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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