Itoham Yonekyu Holdings (TSE:2296) Piotroski F-Score: 5 (As of Jul. 14, 2026) — 25% Above Median

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TSE:2296 Itoham Yonekyu Holdings Inc TSE:2296
69 GF Score
Price 円4,855.00
GF Value 円4,660.11
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Itoham Yonekyu Holdings Piotroski F-Score?

Itoham Yonekyu Holdings TSE:2296 +0.41% 69 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates TSE:2296 with a GF Score™ of 69/100 and a GF Value™ of 円4,660.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Itoham Yonekyu Holdings ranks better than 51.93% 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

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

TSE:2296' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 5

During the past 10 years, the highest Piotroski F-Score of Itoham Yonekyu Holdings was 6. The lowest was 3. And the median was 4.

Itoham Yonekyu Holdings  (TSE:2296) 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.


Itoham Yonekyu Holdings Piotroski F-Score Related Terms


Itoham Yonekyu Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Itoham Yonekyu 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.

Itoham Yonekyu Holdings Piotroski F-Score Chart

Itoham Yonekyu Holdings 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 4.00 4.00 4.00 5.00

Itoham Yonekyu Holdings 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 4.00 N/A 6.00 6.00 5.00

TSE:2296 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Itoham Yonekyu 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.


Itoham Yonekyu Holdings Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Itoham Yonekyu Holdings's Piotroski F-Score distribution charts can be found below:

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


TSE:2296
69GF Score
Itoham Yonekyu Holdings Inc TSE:2296
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 6376 + 3132 + 6473 + 4244 = 円20,225 Mil.
Cash Flow from Operations was 4817 + 8019 + -20954 + 21781 = 円13,663 Mil.
Revenue was 297110 + 245252 + 277654 + 251365 = 円1,071,381 Mil.
Gross Profit was 40515 + 32369 + 39207 + 34387 = 円146,478 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(467009 + 485799 + 475315 + 549526 + 524726) / 5 = 円500475 Mil.
Total Assets at the begining of this year (Mar25) was 円467,009 Mil.
Long-Term Debt & Capital Lease Obligation was 円32,802 Mil.
Total Current Assets was 円311,427 Mil.
Total Current Liabilities was 円181,418 Mil.
Net Income was 2956 + 3308 + 6000 + 833 = 円13,097 Mil.

Revenue was 235771 + 255143 + 267568 + 230289 = 円988,771 Mil.
Gross Profit was 32127 + 33622 + 38693 + 28830 = 円133,272 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(462570 + 0 + 479312 + 503643 + 467009) / 5 = 円478133.5 Mil.
Total Assets at the begining of last year (Mar24) was 円462,570 Mil.
Long-Term Debt & Capital Lease Obligation was 円22,468 Mil.
Total Current Assets was 円277,227 Mil.
Total Current Liabilities was 円144,439 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.

Itoham Yonekyu Holdings's current Net Income (TTM) was 20,225. ==> 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.

Itoham Yonekyu Holdings's current Cash Flow from Operations (TTM) was 13,663. ==> 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)
=20225/467009
=0.04330752

ROA (Last Year)=Net Income/Total Assets (Mar24)
=13097/462570
=0.02831355

Itoham Yonekyu Holdings's return on assets of this year was 0.04330752. Itoham Yonekyu Holdings's return on assets of last year was 0.02831355. ==> 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.

Itoham Yonekyu Holdings's current Net Income (TTM) was 20,225. Itoham Yonekyu Holdings's current Cash Flow from Operations (TTM) was 13,663. ==> 13,663 <= 20,225 ==> 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
=32802/500475
=0.06554174

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=22468/478133.5
=0.04699106

Itoham Yonekyu Holdings's gearing of this year was 0.06554174. Itoham Yonekyu Holdings's gearing of last year was 0.04699106. ==> 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
=311427/181418
=1.7166268

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=277227/144439
=1.91933619

Itoham Yonekyu Holdings's current ratio of this year was 1.7166268. Itoham Yonekyu Holdings's current ratio of last year was 1.91933619. ==> 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.

Itoham Yonekyu Holdings's number of shares in issue this year was 56.762. Itoham Yonekyu Holdings's number of shares in issue last year was 56.746. ==> 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
=146478/1071381
=0.13671887

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=133272/988771
=0.13478551

Itoham Yonekyu Holdings's gross margin of this year was 0.13671887. Itoham Yonekyu Holdings's gross margin of last year was 0.13478551. ==> 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)
=1071381/467009
=2.29413352

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=988771/462570
=2.13755972

Itoham Yonekyu Holdings's asset turnover of this year was 2.29413352. Itoham Yonekyu Holdings's asset turnover of last year was 2.13755972. ==> 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+1+0+0+0+0+1+1
=5

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

Itoham Yonekyu Holdings 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?
Itoham Yonekyu Holdings (TSE:2296) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Itoham Yonekyu Holdings and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Itoham Yonekyu Holdings' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Itoham Yonekyu Holdings ranks #920 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is Itoham Yonekyu Holdings' Piotroski F-Score too high?
Itoham Yonekyu Holdings' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Itoham Yonekyu Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Itoham Yonekyu Holdings ranks #920 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Itoham Yonekyu Holdings has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itoham Yonekyu Holdings' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Itoham Yonekyu Holdings ranks #920 out of 1914 companies for Piotroski F-Score. This puts Itoham Yonekyu Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Itoham Yonekyu Holdings' value of 5 is 0% at this benchmark. Historically, Itoham Yonekyu Holdings' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Itoham Yonekyu Holdings 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 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. Itoham Yonekyu Holdings'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 Itoham Yonekyu Holdings 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. Itoham Yonekyu Holdings's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itoham Yonekyu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Itoham Yonekyu Holdings (TSE:2296) is currently considered Fairly Valued. The stock's GF Value™ is 円4,660.11, compared to a current price of 円4,855.00 — trading 4.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Itoham Yonekyu Holdings' overall GF Score™ is 69/100 with 5 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 Itoham Yonekyu Holdings (TSE:2296), the current Piotroski F-Score is 5 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 Itoham Yonekyu Holdings (TSE:2296) Overvalued in 2026?

Based on GuruFocus' analysis, Itoham Yonekyu Holdings stock appears to be overvalued. The current stock price of 円4,855.00 is trading 4.2% above its estimated GF Value™ of 円4,660.11. GuruFocus considers Itoham Yonekyu Holdings to be Fairly Valued.

Key valuation signals for TSE:2296:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: 円4,660.11 vs. price of 円4,855.00 (4.2% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#920 of 1914)

No single metric tells the full story. See the TSE:2296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itoham Yonekyu Holdings Business Description

Address 1-6-21 Mita, Meguro-ku, Tokyo, JPN
Itoham Yonekyu Holdings Inc is a holding company operating in the food industry. The company through its subsidiaries engages in the manufacture and sale of processed meat products, processing, and sale of meat products and manufacture and sale of processed/precooked food products. Its meat products include ham, sausages, meatballs, and other processed meat products.
69GF Score

Get the complete analysis for TSE:2296

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

円4,855.00
Price
円4,660.11
GF Value