PRAP Japan (TSE:2449) Piotroski F-Score: 7 (As of Jul. 15, 2026) — 40% Above Median

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TSE:2449 PRAP Japan Inc TSE:2449
69 GF Score
Price 円1,060.00
GF Value 円1,110.31
Valuation Fairly Valued
View Full Analysis

What is PRAP Japan Piotroski F-Score?

PRAP Japan TSE:2449 +0.95% 69 Piotroski F-Score is 7 as of Jul. 15, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:2449 with a GF Score™ of 69/100 and a GF Value™ of 円1,110.31 (Fairly Valued). Among 1,064 Business Services companies, PRAP Japan ranks better than 88.91% 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

PRAP Japan 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 PRAP Japan's Piotroski F-Score or its related term are showing as below:

TSE:2449' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of PRAP Japan was 7. The lowest was 3. And the median was 5.

PRAP Japan  (TSE:2449) 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.


PRAP Japan Piotroski F-Score Related Terms


PRAP Japan Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PRAP Japan'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.

PRAP Japan Piotroski F-Score Chart

PRAP Japan Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 7.00 5.00 7.00

PRAP Japan Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 5.00 0.00 7.00 0.00

TSE:2449 vs VRSK, EFX, BAH: Piotroski F-Score Comparison

For the Consulting Services subindustry, PRAP Japan'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.


PRAP Japan Piotroski F-Score vs Business Services Industry

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

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


TSE:2449
69GF Score
PRAP Japan Inc TSE:2449
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 (Aug25) TTM:Last Year (Aug24) TTM:
Net Income was 円476 Mil.
Cash Flow from Operations was 円598 Mil.
Revenue was 円7,388 Mil.
Gross Profit was 円2,779 Mil.
Average Total Assets from the begining of this year (Aug24)
to the end of this year (Aug25) was (6995.811 + 7008.511) / 2 = 円7002.161 Mil.
Total Assets at the begining of this year (Aug24) was 円6,996 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円5,958 Mil.
Total Current Liabilities was 円1,378 Mil.
Net Income was 円227 Mil.

Revenue was 円6,885 Mil.
Gross Profit was 円2,593 Mil.
Average Total Assets from the begining of last year (Aug23)
to the end of last year (Aug24) was (6852.008 + 6995.811) / 2 = 円6923.9095 Mil.
Total Assets at the begining of last year (Aug23) was 円6,852 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円6,059 Mil.
Total Current Liabilities was 円1,512 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.

PRAP Japan's current Net Income (TTM) was 476. ==> 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.

PRAP Japan's current Cash Flow from Operations (TTM) was 598. ==> 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 (Aug24)
=476.168/6995.811
=0.06806473

ROA (Last Year)=Net Income/Total Assets (Aug23)
=226.653/6852.008
=0.03307833

PRAP Japan's return on assets of this year was 0.06806473. PRAP Japan's return on assets of last year was 0.03307833. ==> 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.

PRAP Japan's current Net Income (TTM) was 476. PRAP Japan's current Cash Flow from Operations (TTM) was 598. ==> 598 > 476 ==> 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: Aug25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug24 to Aug25
=0/7002.161
=0

Gearing (Last Year: Aug24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug23 to Aug24
=0/6923.9095
=0

PRAP Japan's gearing of this year was 0. PRAP Japan's gearing of last year was 0. ==> 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: Aug25)=Total Current Assets/Total Current Liabilities
=5958.117/1377.924
=4.32398086

Current Ratio (Last Year: Aug24)=Total Current Assets/Total Current Liabilities
=6058.517/1511.729
=4.00767399

PRAP Japan's current ratio of this year was 4.32398086. PRAP Japan's current ratio of last year was 4.00767399. ==> 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.

PRAP Japan's number of shares in issue this year was 4.431. PRAP Japan's number of shares in issue last year was 4.407. ==> 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
=2778.884/7388.134
=0.37612799

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2593.386/6885.124
=0.37666511

PRAP Japan's gross margin of this year was 0.37612799. PRAP Japan's gross margin of last year was 0.37666511. ==> 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 (Aug24)
=7388.134/6995.811
=1.0560797

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug23)
=6885.124/6852.008
=1.00483304

PRAP Japan's asset turnover of this year was 1.0560797. PRAP Japan's asset turnover of last year was 1.00483304. ==> 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+1+1+1+0+0+1
=7

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

PRAP Japan has an F-score of 7. 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 7 mean?
PRAP Japan (TSE:2449) has a Piotroski F-Score of 7 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PRAP Japan and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, PRAP Japan's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, PRAP Japan ranks #118 out of 1064 companies in the Business Services industry, placing it in the top 11.1%.
Is PRAP Japan's Piotroski F-Score too high?
PRAP Japan's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. PRAP Japan's value of 7 is 40% above this industry median. Based on the distribution chart, PRAP Japan ranks #118 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PRAP Japan has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PRAP Japan's Piotroski F-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, PRAP Japan ranks #118 out of 1064 companies for Piotroski F-Score. This places PRAP Japan in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PRAP Japan's value of 7 is 40% above this benchmark. Historically, PRAP Japan's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, PRAP Japan 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. PRAP Japan'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 PRAP Japan 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. PRAP Japan's current Piotroski F-Score is 7, which is 40% 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 PRAP Japan stock overvalued right now?
Based on GuruFocus' analysis, PRAP Japan (TSE:2449) is currently considered Fairly Valued. The stock's GF Value™ is 円1,110.31, compared to a current price of 円1,060.00 — trading 4.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Business Services industry median of 5.00. PRAP Japan's overall GF Score™ is 69/100. 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 PRAP Japan (TSE:2449), the current Piotroski F-Score is 7 as of Jul. 15, 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 PRAP Japan (TSE:2449) Overvalued in 2026?

Based on GuruFocus' analysis, PRAP Japan stock appears to be undervalued. The current stock price of 円1,060.00 is trading 4.5% below its estimated GF Value™ of 円1,110.31. GuruFocus considers PRAP Japan to be Fairly Valued.

Key valuation signals for TSE:2449:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円1,110.31 vs. price of 円1,060.00 (4.5% below fair value)
  • GF Score™: 69/100
  • Industry Position: 40% above the Business Services median (#118 of 1064)

No single metric tells the full story. See the TSE:2449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PRAP Japan Business Description

Address ARK Mori Building 33F, Tokyo, JPN
PRAP Japan Inc provides public relations consultancy services. It offers Crisis Communications, Media Training, and Digital Influence.
69GF Score

Get the complete analysis for TSE:2449

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

円1,060.00
Price
円1,110.31
GF Value