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Yamazaki Baking CoTSE:2212 +2.52%82 Piotroski F-Score is 7 as of Jul. 14, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates TSE:2212 with a GF Score™ of 82/100 and a GF Value™ of 円3,388.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,914 Consumer Packaged Goods companies, Yamazaki Baking Co ranks better than 88.4% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Yamazaki Baking Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Yamazaki Baking Co's Piotroski F-Score or its related term are showing as below:
TSE:2212'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 8 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Yamazaki Baking Co was 8. The lowest was 5. And the median was 8.
Yamazaki Baking Co (TSE:2212) 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.
Yamazaki Baking Co Piotroski F-Score Related Terms
Yamazaki Baking Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Yamazaki Baking 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:2212 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Yamazaki Baking 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.
Yamazaki Baking Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Yamazaki Baking 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.
Yamazaki Baking Co's current Net Income (TTM) was 40,893.
==> 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.
Yamazaki Baking Co's return on assets of this year was 0.04726941. Yamazaki Baking Co's return on assets of last year was 0.04490452.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Yamazaki Baking Co's gearing of this year was 0.0490934. Yamazaki Baking Co's gearing of last year was 0.04446657.
==> 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
Yamazaki Baking Co's current ratio of this year was 1.33307314. Yamazaki Baking Co's current ratio of last year was 1.26467941.
==> 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.
Yamazaki Baking Co's number of shares in issue this year was 197.758. Yamazaki Baking Co's number of shares in issue last year was 201.677.
==> 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.
Yamazaki Baking Co's gross margin of this year was 0.32666936. Yamazaki Baking Co's gross margin of last year was 0.32563994.
==> 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
Yamazaki Baking Co's asset turnover of this year was 1.51592003. Yamazaki Baking Co's asset turnover of last year was 1.55166296.
==> 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
Yamazaki Baking Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Yamazaki Baking Co (TSE:2212) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yamazaki Baking Co and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Yamazaki Baking Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Yamazaki Baking Co ranks #222 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is Yamazaki Baking Co's Piotroski F-Score too high?
Yamazaki Baking Co's current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Yamazaki Baking Co's value of 7 is 40% above this industry median. Based on the distribution chart, Yamazaki Baking Co ranks #222 out of 1914 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Yamazaki Baking Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamazaki Baking Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Yamazaki Baking Co ranks #222 out of 1914 companies for Piotroski F-Score. This places Yamazaki Baking Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yamazaki Baking Co's value of 7 is 40% above this benchmark. Historically, Yamazaki Baking Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Yamazaki Baking 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,914 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. Yamazaki Baking Co's current Piotroski F-Score of 7 is 40% 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 Yamazaki Baking Co and its competitors. For the Consumer Packaged Goods 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. Yamazaki Baking Co's current Piotroski F-Score is 7, which is 13% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazaki Baking Co stock overvalued right now?
Based on GuruFocus' analysis, Yamazaki Baking Co (TSE:2212) is currently considered Fairly Valued. The stock's GF Value™ is 円3,388.21, compared to a current price of 円3,337.00 — trading 1.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Yamazaki Baking Co's overall GF Score™ is 82/100 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 Yamazaki Baking Co (TSE:2212), the current Piotroski F-Score is 7 as of Jul. 14, 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 Yamazaki Baking Co (TSE:2212) Overvalued in 2026?
Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be undervalued.
The current stock price of 円3,337.00 is trading 1.5% below its estimated GF Value™ of 円3,388.21.
GuruFocus considers Yamazaki Baking Co to be Fairly Valued.
Key valuation signals for TSE:2212:
Piotroski F-Score: 7 (13% below median its 10-year median of 8.00)
GF Value™: 円3,388.21 vs. price of 円3,337.00 (1.5% below fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#222 of 1914)
No single metric tells the full story. See the TSE:2212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamazaki Baking Co Ltd is a Japan-based company specializing in the production of baked goods, including bread, pastries, and cakes. The company operates through Food, Distribution, and Other segments. The Food segment produces bread, confectionery, and bakery products, selling to retailers and running bakery cafes in Japan and abroad. The Distribution segment manages convenience stores and food supermarkets. The Others segment handles logistics, food plant design and construction, non-life insurance agency services, and the production of cleaning agents for baking equipment. It generates the majority of its revenue from the Food business segment.
82GF Score
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