Prima Meat Packers (TSE:2281) Piotroski F-Score: 6 (As of Jun. 29, 2026) — 20% Above Median


TSE:2281 Prima Meat Packers Ltd TSE:2281
79 GF Score
Price 円2,378.00
GF Value 円2,474.07
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Prima Meat Packers Piotroski F-Score?

Prima Meat Packers TSE:2281 +0.98% 79 Piotroski F-Score is 6 as of Jun. 29, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:2281 with a GF Score™ of 79/100 and a GF Value™ of 円2,474.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Prima Meat Packers ranks better than 73.28% 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

Prima Meat Packers 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 Prima Meat Packers's Piotroski F-Score or its related term are showing as below:

TSE:2281' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Prima Meat Packers was 7. The lowest was 2. And the median was 5.

Prima Meat Packers  (TSE:2281) 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.


Prima Meat Packers Piotroski F-Score Related Terms


Prima Meat Packers Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Prima Meat Packers'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.

Prima Meat Packers Piotroski F-Score Chart

Prima Meat Packers 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 2.00 2.00 5.00 5.00 6.00

Prima Meat Packers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 5.00 5.00 6.00 6.00

TSE:2281 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Prima Meat Packers'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.


Prima Meat Packers Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prima Meat Packers's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Prima Meat Packers's Piotroski F-Score falls into.


TSE:2281
79GF Score
Prima Meat Packers Ltd TSE:2281
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 1790 + 1360 + 2277 + -840 = 円4,587 Mil.
Cash Flow from Operations was 697 + 7297 + 8269 + 3489 = 円19,752 Mil.
Revenue was 115809 + 120250 + 126814 + 112701 = 円475,574 Mil.
Gross Profit was 13254 + 13165 + 14358 + 11798 = 円52,575 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(239610 + 242593 + 242878 + 256278 + 241280) / 5 = 円244527.8 Mil.
Total Assets at the begining of this year (Mar25) was 円239,610 Mil.
Long-Term Debt & Capital Lease Obligation was 円14,628 Mil.
Total Current Assets was 円103,670 Mil.
Total Current Liabilities was 円85,328 Mil.
Net Income was 2204 + 2054 + 1620 + 1198 = 円7,076 Mil.

Revenue was 112891 + 116550 + 120844 + 108069 = 円458,354 Mil.
Gross Profit was 12822 + 12591 + 12229 + 10844 = 円48,486 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(244793 + 249305 + 242502 + 255688 + 239610) / 5 = 円246379.6 Mil.
Total Assets at the begining of last year (Mar24) was 円244,793 Mil.
Long-Term Debt & Capital Lease Obligation was 円16,602 Mil.
Total Current Assets was 円99,561 Mil.
Total Current Liabilities was 円81,718 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.

Prima Meat Packers's current Net Income (TTM) was 4,587. ==> 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.

Prima Meat Packers's current Cash Flow from Operations (TTM) was 19,752. ==> 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)
=4587/239610
=0.01914361

ROA (Last Year)=Net Income/Total Assets (Mar24)
=7076/244793
=0.02890606

Prima Meat Packers's return on assets of this year was 0.01914361. Prima Meat Packers's return on assets of last year was 0.02890606. ==> 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.

Prima Meat Packers's current Net Income (TTM) was 4,587. Prima Meat Packers's current Cash Flow from Operations (TTM) was 19,752. ==> 19,752 > 4,587 ==> 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
=14628/244527.8
=0.05982142

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=16602/246379.6
=0.06738383

Prima Meat Packers's gearing of this year was 0.05982142. Prima Meat Packers's gearing of last year was 0.06738383. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=103670/85328
=1.21495875

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=99561/81718
=1.21834847

Prima Meat Packers's current ratio of this year was 1.21495875. Prima Meat Packers's current ratio of last year was 1.21834847. ==> 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.

Prima Meat Packers's number of shares in issue this year was 50.262. Prima Meat Packers's number of shares in issue last year was 50.259. ==> 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
=52575/475574
=0.11055062

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=48486/458354
=0.10578287

Prima Meat Packers's gross margin of this year was 0.11055062. Prima Meat Packers's gross margin of last year was 0.10578287. ==> 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)
=475574/239610
=1.98478361

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=458354/244793
=1.87241465

Prima Meat Packers's asset turnover of this year was 1.98478361. Prima Meat Packers's asset turnover of last year was 1.87241465. ==> 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+1+0+0+1+1
=6

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

Prima Meat Packers 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?
Prima Meat Packers (TSE:2281) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prima Meat Packers and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Prima Meat Packers' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Prima Meat Packers ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Prima Meat Packers' Piotroski F-Score too high?
Prima Meat Packers' current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Prima Meat Packers' value of 6 is 20% above this industry median. Based on the distribution chart, Prima Meat Packers ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Prima Meat Packers has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prima Meat Packers' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Prima Meat Packers ranks #510 out of 1909 companies for Piotroski F-Score. This puts Prima Meat Packers in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Prima Meat Packers' value of 6 is 20% above this benchmark. Historically, Prima Meat Packers' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Prima Meat Packers 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 1,909 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. Prima Meat Packers's current Piotroski F-Score of 6 is 20% 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 Prima Meat Packers 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. Prima Meat Packers's current Piotroski F-Score is 6, which is 20% above 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 Prima Meat Packers stock overvalued right now?
Based on GuruFocus' analysis, Prima Meat Packers (TSE:2281) is currently considered Fairly Valued. The stock's GF Value™ is 円2,474.07, compared to a current price of 円2,378.00 — trading 3.9% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Prima Meat Packers' overall GF Score™ is 79/100 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 Prima Meat Packers (TSE:2281), the current Piotroski F-Score is 6 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.

Is Prima Meat Packers (TSE:2281) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Meat Packers stock appears to be undervalued. The current stock price of 円2,378.00 is trading 3.9% below its estimated GF Value™ of 円2,474.07. GuruFocus considers Prima Meat Packers to be Fairly Valued.

Key valuation signals for TSE:2281:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円2,474.07 vs. price of 円2,378.00 (3.9% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1909)

No single metric tells the full story. See the TSE:2281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prima Meat Packers Business Description

Address 4-12-2 Higashi-Shinagawa, Seaside West Tower, Tokyo, JPN, 140-5829
Prima Meat Packers Ltd is engaged in the manufacture and sale of ham, sausage, meat, and processed foods. The company, affiliated with Itochu Corp, produces vacuum-packed food products including hamburgers and meatballs.
79GF Score

Get the complete analysis for TSE:2281

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

円2,378.00
Price
円2,474.07
GF Value