Can Do Co (TSE:2698) Piotroski F-Score: 6 (As of Jul. 14, 2026) — Near Median

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TSE:2698 Can Do Co Ltd TSE:2698
58 GF Score
Price 円3,525.00
GF Value 円3,534.08
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Can Do Co Piotroski F-Score?

Can Do Co TSE:2698 -0.56% 58 Piotroski F-Score is 6 as of Jul. 14, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:2698 with a GF Score™ of 58/100 and a GF Value™ of 円3,534.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 299 Retail - Defensive companies, Can Do Co ranks better than 70.57% 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

Can Do Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

TSE:2698' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Can Do Co was 9. The lowest was 2. And the median was 6.

Can Do Co  (TSE:2698) 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.


Can Do Co Piotroski F-Score Related Terms


Can Do Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Piotroski F-Score Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 4.00 3.00 6.00

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00

TSE:2698 vs WMT, COST, TGT: Piotroski F-Score Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Piotroski F-Score distribution charts can be found below:

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


TSE:2698
58GF Score
Can Do Co Ltd TSE:2698
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 (Feb25) TTM:Last Year (Feb24) TTM:
Net Income was 円-163 Mil.
Cash Flow from Operations was 円1,885 Mil.
Revenue was 円83,380 Mil.
Gross Profit was 円31,679 Mil.
Average Total Assets from the begining of this year (Feb24)
to the end of this year (Feb25) was (29143 + 29376) / 2 = 円29259.5 Mil.
Total Assets at the begining of this year (Feb24) was 円29,143 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円15,197 Mil.
Total Current Liabilities was 円14,285 Mil.
Net Income was 円-1,166 Mil.

Revenue was 円80,357 Mil.
Gross Profit was 円29,621 Mil.
Average Total Assets from the begining of last year (Nov22)
to the end of last year (Feb24) was (29713 + 29143) / 2 = 円29428 Mil.
Total Assets at the begining of last year (Nov22) was 円29,713 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円15,477 Mil.
Total Current Liabilities was 円13,900 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.

Can Do Co's current Net Income (TTM) was -163. ==> Negative ==> Score 0.

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.

Can Do Co's current Cash Flow from Operations (TTM) was 1,885. ==> 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 (Feb24)
=-163/29143
=-0.00559311

ROA (Last Year)=Net Income/Total Assets (Nov22)
=-1166/29713
=-0.03924208

Can Do Co's return on assets of this year was -0.00559311. Can Do Co's return on assets of last year was -0.03924208. ==> 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.

Can Do Co's current Net Income (TTM) was -163. Can Do Co's current Cash Flow from Operations (TTM) was 1,885. ==> 1,885 > -163 ==> 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: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/29259.5
=0

Gearing (Last Year: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov22 to Feb24
=0/29428
=0

Can Do Co's gearing of this year was 0. Can Do Co'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: Feb25)=Total Current Assets/Total Current Liabilities
=15197/14285
=1.06384319

Current Ratio (Last Year: Feb24)=Total Current Assets/Total Current Liabilities
=15477/13900
=1.11345324

Can Do Co's current ratio of this year was 1.06384319. Can Do Co's current ratio of last year was 1.11345324. ==> 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.

Can Do Co's number of shares in issue this year was 15.992. Can Do Co's number of shares in issue last year was 15.983. ==> 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
=31679/83380
=0.37993524

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=29621/80357
=0.36861754

Can Do Co's gross margin of this year was 0.37993524. Can Do Co's gross margin of last year was 0.36861754. ==> 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 (Feb24)
=83380/29143
=2.86106441

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov22)
=80357/29713
=2.70443913

Can Do Co's asset turnover of this year was 2.86106441. Can Do Co's asset turnover of last year was 2.70443913. ==> 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
=0+1+1+1+1+0+0+1+1
=6

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

Can Do Co has an F-score of 6 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 6 mean?
Can Do Co (TSE:2698) has a Piotroski F-Score of 6 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Can Do Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Can Do Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Can Do Co ranks #88 out of 299 companies in the Retail - Defensive industry, placing it in the top 29.4%.
Is Can Do Co's Piotroski F-Score too high?
Can Do Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Can Do Co's value of 6 is 0% at this industry median. Based on the distribution chart, Can Do Co ranks #88 out of 299 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Can Do Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Piotroski F-Score compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #88 out of 299 companies for Piotroski F-Score. This puts Can Do Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Can Do Co's value of 6 is 0% at this benchmark. Historically, Can Do Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Can Do 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 299 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. Can Do Co's current Piotroski F-Score of 6 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Piotroski F-Score is 6, which is near 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 Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,534.08, compared to a current price of 円3,525.00 — trading 0.3% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Retail - Defensive industry median of 6.00. Can Do Co's overall GF Score™ is 58/100 with 1 warning sign 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 Can Do Co (TSE:2698), the current Piotroski F-Score is 6 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 Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued. The current stock price of 円3,525.00 is trading 0.3% below its estimated GF Value™ of 円3,534.08. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円3,534.08 vs. price of 円3,525.00 (0.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 0% at the Retail - Defensive median (#88 of 299)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
58GF Score

Get the complete analysis for TSE:2698

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

円3,525.00
Price
円3,534.08
GF Value