Takamiya Co (TSE:2445) Piotroski F-Score: 8 (As of Jul. 16, 2026) — 60% Above Median

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TSE:2445 Takamiya Co Ltd TSE:2445
65 GF Score
Price 円407.00
GF Value 円471.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Takamiya Co Piotroski F-Score?

Takamiya Co TSE:2445 +1.24% 65 Piotroski F-Score is 8 as of Jul. 16, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates TSE:2445 with a GF Score™ of 65/100 and a GF Value™ of 円471.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,064 Business Services companies, Takamiya Co ranks better than 97.56% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Takamiya Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Takamiya Co's Piotroski F-Score or its related term are showing as below:

TSE:2445' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Takamiya Co was 8. The lowest was 2. And the median was 5.

Takamiya Co  (TSE:2445) 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.


Takamiya Co Piotroski F-Score Related Terms


Takamiya Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Takamiya 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.

Takamiya Co Piotroski F-Score Chart

Takamiya 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 6.00 5.00 3.00 2.00 8.00

Takamiya 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 3.00 0.00 2.00 0.00 8.00

TSE:2445 vs URI, SUNB, AER: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Takamiya 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.


Takamiya Co Piotroski F-Score vs Business Services Industry

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

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


TSE:2445
65GF Score
Takamiya Co Ltd TSE:2445
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1,734 Mil.
Cash Flow from Operations was 円4,735 Mil.
Revenue was 円45,212 Mil.
Gross Profit was 円15,674 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (75331 + 74599) / 2 = 円74965 Mil.
Total Assets at the begining of this year (Mar25) was 円75,331 Mil.
Long-Term Debt & Capital Lease Obligation was 円24,768 Mil.
Total Current Assets was 円28,282 Mil.
Total Current Liabilities was 円23,293 Mil.
Net Income was 円1,230 Mil.

Revenue was 円43,827 Mil.
Gross Profit was 円14,123 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (68945 + 75331) / 2 = 円72138 Mil.
Total Assets at the begining of last year (Mar24) was 円68,945 Mil.
Long-Term Debt & Capital Lease Obligation was 円24,295 Mil.
Total Current Assets was 円28,888 Mil.
Total Current Liabilities was 円25,210 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.

Takamiya Co's current Net Income (TTM) was 1,734. ==> 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.

Takamiya Co's current Cash Flow from Operations (TTM) was 4,735. ==> 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)
=1734/75331
=0.02301841

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1230/68945
=0.01784031

Takamiya Co's return on assets of this year was 0.02301841. Takamiya Co's return on assets of last year was 0.01784031. ==> 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.

Takamiya Co's current Net Income (TTM) was 1,734. Takamiya Co's current Cash Flow from Operations (TTM) was 4,735. ==> 4,735 > 1,734 ==> 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
=24768/74965
=0.33039418

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=24295/72138
=0.33678505

Takamiya Co's gearing of this year was 0.33039418. Takamiya Co's gearing of last year was 0.33678505. ==> 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
=28282/23293
=1.21418452

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=28888/25210
=1.14589449

Takamiya Co's current ratio of this year was 1.21418452. Takamiya Co's current ratio of last year was 1.14589449. ==> 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.

Takamiya Co's number of shares in issue this year was 45.819. Takamiya Co's number of shares in issue last year was 46.185. ==> 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
=15674/45212
=0.34667787

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14123/43827
=0.32224428

Takamiya Co's gross margin of this year was 0.34667787. Takamiya Co's gross margin of last year was 0.32224428. ==> 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)
=45212/75331
=0.60017788

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=43827/68945
=0.63568061

Takamiya Co's asset turnover of this year was 0.60017788. Takamiya Co's asset turnover of last year was 0.63568061. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+1+1+1+0
=8

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

Takamiya Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Takamiya Co (TSE:2445) has a Piotroski F-Score of 8 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Takamiya Co and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Takamiya Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Takamiya Co ranks #26 out of 1064 companies in the Business Services industry, placing it in the top 2.4%.
Is Takamiya Co's Piotroski F-Score too high?
Takamiya Co's current Piotroski F-Score of 8 is 60% 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 8.00. The Business Services industry median Piotroski F-Score is 5.00. Takamiya Co's value of 8 is 60% above this industry median. Based on the distribution chart, Takamiya Co ranks #26 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Takamiya Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Takamiya Co's Piotroski F-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Takamiya Co ranks #26 out of 1064 companies for Piotroski F-Score. This places Takamiya Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Takamiya Co's value of 8 is 60% above this benchmark. Historically, Takamiya Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Takamiya 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Takamiya Co's current Piotroski F-Score of 8 is 60% 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 Takamiya Co and its competitors. For the Business Services 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. Takamiya Co's current Piotroski F-Score is 8, which is 60% 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 Takamiya Co stock overvalued right now?
Based on GuruFocus' analysis, Takamiya Co (TSE:2445) is currently considered Modestly Undervalued. The stock's GF Value™ is 円471.12, compared to a current price of 円407.00 — trading 13.6% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Business Services industry median of 5.00. Takamiya Co's overall GF Score™ is 65/100 with 4 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 Takamiya Co (TSE:2445), the current Piotroski F-Score is 8 as of Jul. 16, 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 Takamiya Co (TSE:2445) Overvalued in 2026?

Based on GuruFocus' analysis, Takamiya Co stock appears to be undervalued. The current stock price of 円407.00 is trading 13.6% below its estimated GF Value™ of 円471.12. GuruFocus considers Takamiya Co to be Modestly Undervalued.

Key valuation signals for TSE:2445:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: 円471.12 vs. price of 円407.00 (13.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 60% above the Business Services median (#26 of 1064)

No single metric tells the full story. See the TSE:2445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takamiya Co Business Description

Address 3-1, Ofuka-cho, Kita-ku, Grand Front Osaka Tower-B Building 27th Floor, Osaka, JPN, 530-0011
Takamiya Co Ltd is engaged in sales and rental of temporary equipment, planning and drawing of temporary construction. The company provides the development and manufacturing, sales, rental, design and construction, and management/logistics of temporary equipment such as scaffolding. It also engages in Agri-business, which manufactures and sells high-performance greenhouses for agriculture and provides construction services.
65GF Score

Get the complete analysis for TSE:2445

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

円407.00
Price
円471.12
GF Value