Gltechno Holdings (TSE:255A) Piotroski F-Score: 5 (As of Jul. 14, 2026) — 29% Below Median

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TSE:255A Gltechno Holdings Inc TSE:255A
78 GF Score
Price 円5,930.00
GF Value 円2,806.50
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Gltechno Holdings Piotroski F-Score?

Gltechno Holdings TSE:255A -4.20% 78 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:255A with a GF Score™ of 78/100 and a GF Value™ of 円2,806.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,434 Hardware companies, Gltechno Holdings ranks better than 59.49% 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

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

TSE:255A' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Gltechno Holdings was 8. The lowest was 5. And the median was 7.

Gltechno Holdings  (TSE:255A) 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.


Gltechno Holdings Piotroski F-Score Related Terms


Gltechno Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gltechno 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.

Gltechno Holdings Piotroski F-Score Chart

Gltechno 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 7.00 7.00 7.00 7.00 5.00

Gltechno 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 7.00 0.00 0.00 0.00 5.00

TSE:255A vs COHR, KEYS, GRMN: Piotroski F-Score Comparison

For the Scientific & Technical Instruments subindustry, Gltechno 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.


Gltechno Holdings Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Gltechno Holdings's Piotroski F-Score distribution charts can be found below:

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


TSE:255A
78GF Score
Gltechno Holdings Inc TSE:255A
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5,358 Mil.
Cash Flow from Operations was 円4,148 Mil.
Revenue was 円47,189 Mil.
Gross Profit was 円16,259 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (58375.184 + 65675.395) / 2 = 円62025.2895 Mil.
Total Assets at the begining of this year (Mar25) was 円58,375 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,785 Mil.
Total Current Assets was 円37,848 Mil.
Total Current Liabilities was 円10,636 Mil.
Net Income was 円4,065 Mil.

Revenue was 円43,261 Mil.
Gross Profit was 円15,131 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (55567.561 + 58375.184) / 2 = 円56971.3725 Mil.
Total Assets at the begining of last year (Mar24) was 円55,568 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,536 Mil.
Total Current Assets was 円34,341 Mil.
Total Current Liabilities was 円9,890 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.

Gltechno Holdings's current Net Income (TTM) was 5,358. ==> 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.

Gltechno Holdings's current Cash Flow from Operations (TTM) was 4,148. ==> 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)
=5358.224/58375.184
=0.09178942

ROA (Last Year)=Net Income/Total Assets (Mar24)
=4064.741/55567.561
=0.07314953

Gltechno Holdings's return on assets of this year was 0.09178942. Gltechno Holdings's return on assets of last year was 0.07314953. ==> 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.

Gltechno Holdings's current Net Income (TTM) was 5,358. Gltechno Holdings's current Cash Flow from Operations (TTM) was 4,148. ==> 4,148 <= 5,358 ==> 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
=3785.305/62025.2895
=0.06102841

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2536.028/56971.3725
=0.04451408

Gltechno Holdings's gearing of this year was 0.06102841. Gltechno Holdings's gearing of last year was 0.04451408. ==> 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
=37848.235/10635.873
=3.55854522

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=34341.419/9890.108
=3.4722997

Gltechno Holdings's current ratio of this year was 3.55854522. Gltechno Holdings's current ratio of last year was 3.4722997. ==> 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.

Gltechno Holdings's number of shares in issue this year was 13.056. Gltechno Holdings's number of shares in issue last year was 11.65. ==> 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
=16259.464/47189.387
=0.34455764

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15130.704/43261.049
=0.34975352

Gltechno Holdings's gross margin of this year was 0.34455764. Gltechno Holdings's gross margin of last year was 0.34975352. ==> 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 (Mar25)
=47189.387/58375.184
=0.80838096

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=43261.049/55567.561
=0.77853064

Gltechno Holdings's asset turnover of this year was 0.80838096. Gltechno Holdings's asset turnover of last year was 0.77853064. ==> 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+1+0+0+1
=5

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

Gltechno 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?
Gltechno Holdings (TSE:255A) 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 Gltechno Holdings and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Gltechno Holdings' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Gltechno Holdings ranks #986 out of 2434 companies in the Hardware industry, placing it in the top 40.5%.
Is Gltechno Holdings' Piotroski F-Score too high?
Gltechno Holdings' current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Gltechno Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Gltechno Holdings ranks #986 out of 2434 companies in the Hardware industry, which is above the industry midpoint. Overall, Gltechno Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gltechno Holdings' Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Gltechno Holdings ranks #986 out of 2434 companies for Piotroski F-Score. This puts Gltechno Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Gltechno Holdings' value of 5 is 0% at this benchmark. Historically, Gltechno Holdings' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Gltechno 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,434 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. Gltechno 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 Gltechno Holdings and its competitors. For the Hardware 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. Gltechno Holdings's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gltechno Holdings stock overvalued right now?
Based on GuruFocus' analysis, Gltechno Holdings (TSE:255A) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,806.50, compared to a current price of 円5,930.00 — trading 111.3% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Hardware industry median of 5.00. Gltechno Holdings' overall GF Score™ is 78/100 with 7 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 Gltechno Holdings (TSE:255A), 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 Gltechno Holdings (TSE:255A) Overvalued in 2026?

Based on GuruFocus' analysis, Gltechno Holdings stock appears to be overvalued. The current stock price of 円5,930.00 is trading 111.3% above its estimated GF Value™ of 円2,806.50. GuruFocus considers Gltechno Holdings to be Significantly Overvalued.

Key valuation signals for TSE:255A:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円2,806.50 vs. price of 円5,930.00 (111.3% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 0% at the Hardware median (#986 of 2434)

No single metric tells the full story. See the TSE:255A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gltechno Holdings Business Description

Address 6-22-1 Nishi Shinjuku, Shinjuku Square Tower, 30th Floor, Shinjuku-ku, Tokyo, JPN, 163-1130
Gltechno Holdings Inc is engaged in the Analytical Instrument Business, Semiconductor Business, Automated Recognition Business, and as well as all associated and related businesses.
78GF Score

Get the complete analysis for TSE:255A

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

円5,930.00
Price
円2,806.50
GF Value