Sata Construction Co (TSE:1826) Piotroski F-Score: 5 (As of Jul. 15, 2026) — 17% Below Median

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TSE:1826 Sata Construction Co Ltd TSE:1826
68 GF Score
Price 円1,050.00
GF Value 円1,545.85
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Sata Construction Co Piotroski F-Score?

Sata Construction Co TSE:1826 +0.48% 68 Piotroski F-Score is 5 as of Jul. 15, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:1826 with a GF Score™ of 68/100 and a GF Value™ of 円1,545.85 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,731 Construction companies, Sata Construction Co ranks better than 52.69% 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

Sata Construction 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 Sata Construction Co's Piotroski F-Score or its related term are showing as below:

TSE:1826' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Sata Construction Co was 8. The lowest was 4. And the median was 6.

Sata Construction Co  (TSE:1826) 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.


Sata Construction Co Piotroski F-Score Related Terms


Sata Construction Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sata Construction 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.

Sata Construction Co Piotroski F-Score Chart

Sata Construction 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 5.00 8.00 4.00 6.00 5.00

Sata Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 0.00 6.00 0.00 5.00

TSE:1826 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Sata 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.


Sata Construction Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Sata Construction Co's Piotroski F-Score distribution charts can be found below:

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


TSE:1826
68GF Score
Sata Construction Co Ltd TSE:1826
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964 Mil.
Cash Flow from Operations was 円-701 Mil.
Revenue was 円36,769 Mil.
Gross Profit was 円3,912 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (27489 + 25352) / 2 = 円26420.5 Mil.
Total Assets at the begining of this year (Mar25) was 円27,489 Mil.
Long-Term Debt & Capital Lease Obligation was 円920 Mil.
Total Current Assets was 円20,179 Mil.
Total Current Liabilities was 円12,518 Mil.
Net Income was 円611 Mil.

Revenue was 円32,264 Mil.
Gross Profit was 円2,980 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (26297 + 27489) / 2 = 円26893 Mil.
Total Assets at the begining of last year (Mar24) was 円26,297 Mil.
Long-Term Debt & Capital Lease Obligation was 円826 Mil.
Total Current Assets was 円22,255 Mil.
Total Current Liabilities was 円10,578 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.

Sata Construction Co's current Net Income (TTM) was 964. ==> 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.

Sata Construction Co's current Cash Flow from Operations (TTM) was -701. ==> 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)
=964/27489
=0.03506857

ROA (Last Year)=Net Income/Total Assets (Mar24)
=611/26297
=0.02323459

Sata Construction Co's return on assets of this year was 0.03506857. Sata Construction Co's return on assets of last year was 0.02323459. ==> This year is higher. ==> Score 1.

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.

Sata Construction Co's current Net Income (TTM) was 964. Sata Construction Co's current Cash Flow from Operations (TTM) was -701. ==> -701 <= 964 ==> 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
=920/26420.5
=0.03482145

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=826/26893
=0.03071431

Sata Construction Co's gearing of this year was 0.03482145. Sata Construction Co's gearing of last year was 0.03071431. ==> 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
=20179/12518
=1.61199872

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=22255/10578
=2.10389488

Sata Construction Co's current ratio of this year was 1.61199872. Sata Construction Co's current ratio of last year was 2.10389488. ==> 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.

Sata Construction Co's number of shares in issue this year was 12.046. Sata Construction Co's number of shares in issue last year was 15.403. ==> 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
=3912/36769
=0.10639397

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2980/32264
=0.09236301

Sata Construction Co's gross margin of this year was 0.10639397. Sata Construction Co's gross margin of last year was 0.09236301. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=36769/27489
=1.33758958

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=32264/26297
=1.22690801

Sata Construction Co's asset turnover of this year was 1.33758958. Sata Construction Co's asset turnover of last year was 1.22690801. ==> 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+1+0+0+0+1+1+1
=5

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

Sata Construction Co has an F-score of 5 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 5 mean?
Sata Construction Co (TSE:1826) has a Piotroski F-Score of 5 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sata Construction Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Sata Construction Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Sata Construction Co ranks #819 out of 1731 companies in the Construction industry, placing it in the top 47.3%.
Is Sata Construction Co's Piotroski F-Score too high?
Sata Construction Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Sata Construction Co's value of 5 is 0% at this industry median. Based on the distribution chart, Sata Construction Co ranks #819 out of 1731 companies in the Construction industry, which is above the industry midpoint. Overall, Sata Construction Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sata Construction Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Sata Construction Co ranks #819 out of 1731 companies for Piotroski F-Score. This puts Sata Construction Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sata Construction Co's value of 5 is 0% at this benchmark. Historically, Sata Construction 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 6.00 vs. the industry median of 5.00, Sata Construction 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Sata Construction 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 Sata Construction Co and its competitors. For the Construction 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. Sata Construction Co's current Piotroski F-Score is 5, which is 17% below 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 Sata Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Sata Construction Co (TSE:1826) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,545.85, compared to a current price of 円1,050.00 — trading 32.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Construction industry median of 5.00. Sata Construction Co's overall GF Score™ is 68/100 with 1 warning sign 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 Sata Construction Co (TSE:1826), the current Piotroski F-Score is 5 as of Jul. 15, 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 Sata Construction Co (TSE:1826) Overvalued in 2026?

Based on GuruFocus' analysis, Sata Construction Co stock appears to be undervalued. The current stock price of 円1,050.00 is trading 32.1% below its estimated GF Value™ of 円1,545.85. GuruFocus considers Sata Construction Co to be Significantly Undervalued.

Key valuation signals for TSE:1826:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円1,545.85 vs. price of 円1,050.00 (32.1% below fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 0% at the Construction median (#819 of 1731)

No single metric tells the full story. See the TSE:1826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sata Construction Co Business Description

Address 1-1-7 Motomachi-cho, Gunma Prefecture, Maebashi, JPN, 371-0846
Sata Construction Co Ltd is engaged in the contracting and investigation, planning, design, and supervision of civil engineering construction and other construction work. In addition, the company is involved in the manufacturing, selling, and leasing of construction materials and machinery. The company operates in three divisions, which include civil engineering-related, architecture-related, and concurrent business. Civil engineering-related refers to all civil engineering works, construction-related refers to all construction works, and concurrent business refers to sales of asphalt mixtures.
68GF Score

Get the complete analysis for TSE:1826

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

円1,050.00
Price
円1,545.85
GF Value