Kanemi Co (TSE:2669) Piotroski F-Score: 5 (As of Jul. 12, 2026) — 17% Below Median


TSE:2669 Kanemi Co Ltd TSE:2669
71 GF Score
Price 円4,020.00
GF Value 円3,274.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Kanemi Co Piotroski F-Score?

Kanemi Co TSE:2669 -0.12% 71 Piotroski F-Score is 5 as of Jul. 12, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:2669 with a GF Score™ of 71/100 and a GF Value™ of 円3,274.24 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Kanemi Co ranks better than 51.86% 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

Kanemi Co 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 Kanemi Co's Piotroski F-Score or its related term are showing as below:

TSE:2669' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Kanemi Co was 9. The lowest was 3. And the median was 6.

Kanemi Co  (TSE:2669) 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.


Kanemi Co Piotroski F-Score Related Terms


Kanemi Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kanemi 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.

Kanemi Co Piotroski F-Score Chart

Kanemi Co Annual Data
Trend Mar16 Mar17 Mar18 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 7.00 6.00 6.00 5.00

Kanemi Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 6.00 0.00 6.00 0.00 5.00

TSE:2669 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Kanemi 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.


Kanemi Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:2669
71GF Score
Kanemi Co Ltd TSE:2669
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円1,808 Mil.
Cash Flow from Operations was 円1,647 Mil.
Revenue was 円86,654 Mil.
Gross Profit was 円15,090 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (37408.608 + 38355.49) / 2 = 円37882.049 Mil.
Total Assets at the begining of this year (Feb25) was 円37,409 Mil.
Long-Term Debt & Capital Lease Obligation was 円9 Mil.
Total Current Assets was 円24,833 Mil.
Total Current Liabilities was 円8,102 Mil.
Net Income was 円1,948 Mil.

Revenue was 円90,481 Mil.
Gross Profit was 円15,665 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (35938.486 + 37408.608) / 2 = 円36673.547 Mil.
Total Assets at the begining of last year (Feb24) was 円35,938 Mil.
Long-Term Debt & Capital Lease Obligation was 円13 Mil.
Total Current Assets was 円25,406 Mil.
Total Current Liabilities was 円7,956 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.

Kanemi Co's current Net Income (TTM) was 1,808. ==> 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.

Kanemi Co's current Cash Flow from Operations (TTM) was 1,647. ==> 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 (Feb25)
=1807.608/37408.608
=0.04832064

ROA (Last Year)=Net Income/Total Assets (Feb24)
=1948.085/35938.486
=0.0542061

Kanemi Co's return on assets of this year was 0.04832064. Kanemi Co's return on assets of last year was 0.0542061. ==> 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.

Kanemi Co's current Net Income (TTM) was 1,808. Kanemi Co's current Cash Flow from Operations (TTM) was 1,647. ==> 1,647 <= 1,808 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=8.691/37882.049
=0.00022942

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=13.064/36673.547
=0.00035622

Kanemi Co's gearing of this year was 0.00022942. Kanemi Co's gearing of last year was 0.00035622. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=24832.807/8102.484
=3.06483876

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=25405.516/7955.969
=3.19326483

Kanemi Co's current ratio of this year was 3.06483876. Kanemi Co's current ratio of last year was 3.19326483. ==> 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.

Kanemi Co's number of shares in issue this year was 9.567. Kanemi Co's number of shares in issue last year was 9.676. ==> 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
=15089.809/86653.533
=0.17413957

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15665.238/90481.37
=0.17313219

Kanemi Co's gross margin of this year was 0.17413957. Kanemi Co's gross margin of last year was 0.17313219. ==> 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 (Feb25)
=86653.533/37408.608
=2.31640624

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=90481.37/35938.486
=2.51767339

Kanemi Co's asset turnover of this year was 2.31640624. Kanemi Co's asset turnover of last year was 2.51767339. ==> 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+0+0+1+0+1+1+0
=5

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

Kanemi Co 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?
Kanemi Co (TSE:2669) has a Piotroski F-Score of 5 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kanemi Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Kanemi Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Kanemi Co ranks #920 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is Kanemi Co's Piotroski F-Score too high?
Kanemi Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Kanemi Co's value of 5 is 0% at this industry median. Based on the distribution chart, Kanemi Co ranks #920 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kanemi Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanemi Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kanemi Co ranks #920 out of 1911 companies for Piotroski F-Score. This puts Kanemi Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kanemi Co's value of 5 is 0% at this benchmark. Historically, Kanemi Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kanemi Co 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 1,911 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. Kanemi Co'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 Kanemi Co 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. Kanemi Co's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanemi Co stock overvalued right now?
Based on GuruFocus' analysis, Kanemi Co (TSE:2669) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,274.24, compared to a current price of 円4,020.00 — trading 22.8% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Kanemi Co's overall GF Score™ is 71/100 with 6 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 Kanemi Co (TSE:2669), the current Piotroski F-Score is 5 as of Jul. 12, 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 Kanemi Co (TSE:2669) Overvalued in 2026?

Based on GuruFocus' analysis, Kanemi Co stock appears to be overvalued. The current stock price of 円4,020.00 is trading 22.8% above its estimated GF Value™ of 円3,274.24. GuruFocus considers Kanemi Co to be Modestly Overvalued.

Key valuation signals for TSE:2669:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円3,274.24 vs. price of 円4,020.00 (22.8% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#920 of 1911)

No single metric tells the full story. See the TSE:2669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanemi Co Business Description

Address 107 Tokushige 3-chome, Midori-ku, Nagoya, JPN, 458-0815
Kanemi Co Ltd is a Japanese based company. It is engaged in the production and retails of lunch boxes, daily dishes, and sushi dishes. It operates in two business segments including tenant business; and external sales business. Tenant business develops prepared dishes in various styles sold at supermarkets, department stores, station buildings, and station Naka. External sales business manufactures and ships lunch boxes, rice balls, and pasta for convenience stores. The company wholesales its products to supermarkets. Kanemi also provides management services for franchisees.
71GF Score

Get the complete analysis for TSE:2669

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

円4,020.00
Price
円3,274.24
GF Value