J-Oil Mills (TSE:2613) Piotroski F-Score: 4 (As of Jun. 29, 2026) — 43% Below Median


TSE:2613 J-Oil Mills Inc TSE:2613
60 GF Score
Price 円2,078.00
GF Value 円1,953.57
Valuation Fairly Valued
! 4 Warning Signs
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What is J-Oil Mills Piotroski F-Score?

J-Oil Mills TSE:2613 +1.22% 60 Piotroski F-Score is 4 as of Jun. 29, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates TSE:2613 with a GF Score™ of 60/100 and a GF Value™ of 円1,953.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, J-Oil Mills ranks worse than 67.16% 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

J-Oil Mills has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:2613' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of J-Oil Mills was 8. The lowest was 2. And the median was 7.

J-Oil Mills  (TSE:2613) 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.


J-Oil Mills Piotroski F-Score Related Terms


J-Oil Mills Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for J-Oil Mills'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.

J-Oil Mills Piotroski F-Score Chart

J-Oil Mills 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 3.00 2.00 7.00 8.00 4.00

J-Oil Mills 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 8.00 0.00 0.00 0.00 4.00

TSE:2613 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, J-Oil Mills'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.


J-Oil Mills Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, J-Oil Mills's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where J-Oil Mills's Piotroski F-Score falls into.


TSE:2613
60GF Score
J-Oil Mills Inc TSE:2613
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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4,753 Mil.
Cash Flow from Operations was 円2,998 Mil.
Revenue was 円226,574 Mil.
Gross Profit was 円34,082 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (170164 + 166316) / 2 = 円168240 Mil.
Total Assets at the begining of this year (Mar25) was 円170,164 Mil.
Long-Term Debt & Capital Lease Obligation was 円18,443 Mil.
Total Current Assets was 円95,686 Mil.
Total Current Liabilities was 円28,767 Mil.
Net Income was 円6,996 Mil.

Revenue was 円230,783 Mil.
Gross Profit was 円38,034 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (178093 + 170164) / 2 = 円174128.5 Mil.
Total Assets at the begining of last year (Mar24) was 円178,093 Mil.
Long-Term Debt & Capital Lease Obligation was 円18,733 Mil.
Total Current Assets was 円101,415 Mil.
Total Current Liabilities was 円37,540 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.

J-Oil Mills's current Net Income (TTM) was 4,753. ==> 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.

J-Oil Mills's current Cash Flow from Operations (TTM) was 2,998. ==> 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)
=4753/170164
=0.02793188

ROA (Last Year)=Net Income/Total Assets (Mar24)
=6996/178093
=0.03928285

J-Oil Mills's return on assets of this year was 0.02793188. J-Oil Mills's return on assets of last year was 0.03928285. ==> 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.

J-Oil Mills's current Net Income (TTM) was 4,753. J-Oil Mills's current Cash Flow from Operations (TTM) was 2,998. ==> 2,998 <= 4,753 ==> 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
=18443/168240
=0.10962316

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=18733/174128.5
=0.10758147

J-Oil Mills's gearing of this year was 0.10962316. J-Oil Mills's gearing of last year was 0.10758147. ==> 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
=95686/28767
=3.32624187

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=101415/37540
=2.70151838

J-Oil Mills's current ratio of this year was 3.32624187. J-Oil Mills's current ratio of last year was 2.70151838. ==> 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.

J-Oil Mills's number of shares in issue this year was 33.105. J-Oil Mills's number of shares in issue last year was 33.076. ==> 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
=34082/226574
=0.15042326

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38034/230783
=0.16480417

J-Oil Mills's gross margin of this year was 0.15042326. J-Oil Mills's gross margin of last year was 0.16480417. ==> 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)
=226574/170164
=1.33150373

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=230783/178093
=1.29585666

J-Oil Mills's asset turnover of this year was 1.33150373. J-Oil Mills's asset turnover of last year was 1.29585666. ==> 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+0+0+1+0+0+1
=4

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

J-Oil Mills has an F-score of 4 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 4 mean?
J-Oil Mills (TSE:2613) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on J-Oil Mills and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, J-Oil Mills' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, J-Oil Mills ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 67.2%.
Is J-Oil Mills' Piotroski F-Score too high?
J-Oil Mills' current Piotroski F-Score of 4 is 43% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. J-Oil Mills' value of 4 is 20% below this industry median. Based on the distribution chart, J-Oil Mills ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, J-Oil Mills has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does J-Oil Mills' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, J-Oil Mills ranks #1282 out of 1909 companies for Piotroski F-Score. This places J-Oil Mills in the lower half of its industry. The industry median Piotroski F-Score is 5.00. J-Oil Mills' value of 4 is 20% below this benchmark. Historically, J-Oil Mills' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, J-Oil Mills has consistently been below 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. J-Oil Mills's current Piotroski F-Score of 4 is 20% below 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 J-Oil Mills 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. J-Oil Mills's current Piotroski F-Score is 4, which is 43% 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 J-Oil Mills stock overvalued right now?
Based on GuruFocus' analysis, J-Oil Mills (TSE:2613) is currently considered Fairly Valued. The stock's GF Value™ is 円1,953.57, compared to a current price of 円2,078.00 — trading 6.4% above its estimated fair value. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Consumer Packaged Goods industry median of 5.00. J-Oil Mills' overall GF Score™ is 60/100 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 J-Oil Mills (TSE:2613), the current Piotroski F-Score is 4 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 J-Oil Mills (TSE:2613) Overvalued in 2026?

Based on GuruFocus' analysis, J-Oil Mills stock appears to be overvalued. The current stock price of 円2,078.00 is trading 6.4% above its estimated GF Value™ of 円1,953.57. GuruFocus considers J-Oil Mills to be Fairly Valued.

Key valuation signals for TSE:2613:

  • Piotroski F-Score: 4 (43% below median its 10-year median of 7.00)
  • GF Value™: 円1,953.57 vs. price of 円2,078.00 (6.4% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1282 of 1909)

No single metric tells the full story. See the TSE:2613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J-Oil Mills Business Description

Address St Lukes Tower 17F-19F, 8-1 Akashicho Chuo-Ku, Tokyo, JPN, 1040044
J-Oil Mills Inc is a Japanese company which is engaged in producing oil for home and commercial use. The company manufactures, processes and sells cooking oil, oil meal, margarine, dietary supplement, starch, soya sheet food, feed and fertilizer, soy flour, soy functional material and others. It also sells food production equipment. The company's other business activities include port transportation business, general cargo transportation business and handling cargo handling business.
60GF Score

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

円2,078.00
Price
円1,953.57
GF Value