Logos Holdings (TSE:205A) Piotroski F-Score: 4 (As of Jun. 29, 2026) — 33% Below Median


TSE:205A Logos Holdings Inc TSE:205A
12 GF Score
Price 円1,588.00
! 3 Warning Signs
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What is Logos Holdings Piotroski F-Score?

Logos Holdings TSE:205A -0.13% 12 Piotroski F-Score is 4 as of Jun. 29, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates TSE:205A with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 93 Homebuilding & Construction companies, Logos Holdings ranks worse than 63.44% 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

Logos Holdings 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 Logos Holdings's Piotroski F-Score or its related term are showing as below:

TSE:205A' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 4 years, the highest Piotroski F-Score of Logos Holdings was 8. The lowest was 4. And the median was 6.

Logos Holdings  (TSE:205A) 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.


Logos Holdings Piotroski F-Score Related Terms


Logos Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Logos Holdings'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.

Logos Holdings Piotroski F-Score Chart

Logos Holdings Annual Data
Trend May22 May23 May24 May25
Piotroski F-Score
N/A N/A 8.00 4.00

Logos Holdings Quarterly Data
May22 May23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.00 0.00 0.00 0.00

TSE:205A vs DHI, PHM, LEN: Piotroski F-Score Comparison

For the Residential Construction subindustry, Logos Holdings'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.


Logos Holdings Piotroski F-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Logos Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Logos Holdings's Piotroski F-Score falls into.


TSE:205A
12GF Score
Logos Holdings Inc TSE:205A
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (May25) TTM:Last Year (May24) TTM:
Net Income was 円200 Mil.
Cash Flow from Operations was 円1,995 Mil.
Revenue was 円36,269 Mil.
Gross Profit was 円6,308 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was (13390.586 + 21122.677) / 2 = 円17256.6315 Mil.
Total Assets at the begining of this year (May24) was 円13,391 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,713 Mil.
Total Current Assets was 円14,352 Mil.
Total Current Liabilities was 円12,802 Mil.
Net Income was 円890 Mil.

Revenue was 円31,715 Mil.
Gross Profit was 円5,899 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was (14692.621 + 13390.586) / 2 = 円14041.6035 Mil.
Total Assets at the begining of last year (May23) was 円14,693 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,122 Mil.
Total Current Assets was 円9,518 Mil.
Total Current Liabilities was 円8,015 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.

Logos Holdings's current Net Income (TTM) was 200. ==> 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.

Logos Holdings's current Cash Flow from Operations (TTM) was 1,995. ==> 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 (May24)
=199.832/13390.586
=0.01492332

ROA (Last Year)=Net Income/Total Assets (May23)
=890.165/14692.621
=0.06058585

Logos Holdings's return on assets of this year was 0.01492332. Logos Holdings's return on assets of last year was 0.06058585. ==> 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.

Logos Holdings's current Net Income (TTM) was 200. Logos Holdings's current Cash Flow from Operations (TTM) was 1,995. ==> 1,995 > 200 ==> 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: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=4712.547/17256.6315
=0.27308615

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=2122.202/14041.6035
=0.15113673

Logos Holdings's gearing of this year was 0.27308615. Logos Holdings's gearing of last year was 0.15113673. ==> 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: May25)=Total Current Assets/Total Current Liabilities
=14351.739/12801.887
=1.12106434

Current Ratio (Last Year: May24)=Total Current Assets/Total Current Liabilities
=9517.6/8014.64
=1.18752683

Logos Holdings's current ratio of this year was 1.12106434. Logos Holdings's current ratio of last year was 1.18752683. ==> 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.

Logos Holdings's number of shares in issue this year was 3.934. Logos Holdings's number of shares in issue last year was 3.908. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=6307.644/36269.311
=0.17391133

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5898.955/31714.58
=0.18600136

Logos Holdings's gross margin of this year was 0.17391133. Logos Holdings's gross margin of last year was 0.18600136. ==> 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 (May24)
=36269.311/13390.586
=2.70856787

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=31714.58/14692.621
=2.15853795

Logos Holdings's asset turnover of this year was 2.70856787. Logos Holdings's asset turnover of last year was 2.15853795. ==> 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+0+0+0+1
=4

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

Logos Holdings has an F-score of 4 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 4 mean?
Logos Holdings (TSE:205A) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Logos Holdings and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Logos Holdings' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Logos Holdings ranks #59 out of 93 companies in the Homebuilding & Construction industry, placing it in the top 63.4%.
Is Logos Holdings' Piotroski F-Score too high?
Logos Holdings' current Piotroski F-Score of 4 is 33% 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 Homebuilding & Construction industry median Piotroski F-Score is 5.00. Logos Holdings' value of 4 is 20% below this industry median. Based on the distribution chart, Logos Holdings ranks #59 out of 93 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Logos Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Logos Holdings' Piotroski F-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Logos Holdings ranks #59 out of 93 companies for Piotroski F-Score. This places Logos Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Logos Holdings' value of 4 is 20% below this benchmark. Historically, Logos Holdings' 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, Logos Holdings 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 Homebuilding & Construction company?
The median Piotroski F-Score among Homebuilding & Construction companies is 5.00, based on 93 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. Logos Holdings'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 Logos Holdings and its competitors. For the Homebuilding & 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. Logos Holdings's current Piotroski F-Score is 4, which is 33% 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 Logos Holdings stock overvalued right now?
Logos Holdings (TSE:205A) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Homebuilding & Construction industry median of 5.00. Logos Holdings' overall GF Score™ is 12/100 with 3 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 Logos Holdings (TSE:205A), the current Piotroski F-Score is 4 as of Jun. 29, 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.

Logos Holdings Business Description

Address 2-1 Higashi 3-jo Minami 13-chome, Hokkaido, Obihiro, JPN, 080?0803
Logos Holdings Inc is engaged in two business Housing division: Housing design, construction and sales. Real estate division: Land purchase, sale, intermediation and brokerage.
12GF Score

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