Tenpos Holdings Co (TSE:2751) Piotroski F-Score: 5 (As of Jul. 04, 2026) — Near Median


TSE:2751 Tenpos Holdings Co Ltd TSE:2751
80 GF Score
Price 円3,670.00
GF Value 円4,495.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tenpos Holdings Co Piotroski F-Score?

Tenpos Holdings Co TSE:2751 -0.54% 80 Piotroski F-Score is 5 as of Jul. 04, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:2751 with a GF Score™ of 80/100 and a GF Value™ of 円4,495.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Tenpos Holdings Co ranks better than 50.36% 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

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

TSE:2751' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Tenpos Holdings Co was 7. The lowest was 4. And the median was 5.

Tenpos Holdings Co  (TSE:2751) 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.


Tenpos Holdings Co Piotroski F-Score Related Terms


Tenpos Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tenpos Holdings 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.

Tenpos Holdings Co Piotroski F-Score Chart

Tenpos Holdings Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 6.00 4.00 5.00

Tenpos Holdings Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 4.00 0.00 5.00

TSE:2751 vs CASY, WSM, DKS: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Tenpos Holdings 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.


Tenpos Holdings Co Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tenpos Holdings Co's Piotroski F-Score distribution charts can be found below:

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


TSE:2751
80GF Score
Tenpos Holdings Co Ltd TSE:2751
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 円1,894 Mil.
Cash Flow from Operations was 円1,707 Mil.
Revenue was 円53,408 Mil.
Gross Profit was 円21,876 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was (26219 + 29345) / 2 = 円27782 Mil.
Total Assets at the begining of this year (Apr25) was 円26,219 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,356 Mil.
Total Current Assets was 円18,827 Mil.
Total Current Liabilities was 円8,097 Mil.
Net Income was 円2,064 Mil.

Revenue was 円47,055 Mil.
Gross Profit was 円17,722 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was (24218 + 26219) / 2 = 円25218.5 Mil.
Total Assets at the begining of last year (Apr24) was 円24,218 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,640 Mil.
Total Current Assets was 円17,941 Mil.
Total Current Liabilities was 円6,895 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.

Tenpos Holdings Co's current Net Income (TTM) was 1,894. ==> 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.

Tenpos Holdings Co's current Cash Flow from Operations (TTM) was 1,707. ==> 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 (Apr25)
=1894/26219
=0.07223769

ROA (Last Year)=Net Income/Total Assets (Apr24)
=2064/24218
=0.08522587

Tenpos Holdings Co's return on assets of this year was 0.07223769. Tenpos Holdings Co's return on assets of last year was 0.08522587. ==> 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.

Tenpos Holdings Co's current Net Income (TTM) was 1,894. Tenpos Holdings Co's current Cash Flow from Operations (TTM) was 1,707. ==> 1,707 <= 1,894 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=1356/27782
=0.04880858

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=1640/25218.5
=0.06503162

Tenpos Holdings Co's gearing of this year was 0.04880858. Tenpos Holdings Co's gearing of last year was 0.06503162. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=18827/8097
=2.32518217

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=17941/6895
=2.60203046

Tenpos Holdings Co's current ratio of this year was 2.32518217. Tenpos Holdings Co's current ratio of last year was 2.60203046. ==> 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.

Tenpos Holdings Co's number of shares in issue this year was 12.249. Tenpos Holdings Co's number of shares in issue last year was 12.209. ==> 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
=21876/53408
=0.40960156

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=17722/47055
=0.3766231

Tenpos Holdings Co's gross margin of this year was 0.40960156. Tenpos Holdings Co's gross margin of last year was 0.3766231. ==> 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 (Apr25)
=53408/26219
=2.03699607

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=47055/24218
=1.9429763

Tenpos Holdings Co's asset turnover of this year was 2.03699607. Tenpos Holdings Co's asset turnover of last year was 1.9429763. ==> 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+1+0+0+1+1
=5

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

Tenpos Holdings 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?
Tenpos Holdings Co (TSE:2751) has a Piotroski F-Score of 5 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tenpos Holdings Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Tenpos Holdings Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Tenpos Holdings Co ranks #545 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 49.6%.
Is Tenpos Holdings Co's Piotroski F-Score too high?
Tenpos Holdings Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Tenpos Holdings Co's value of 5 is 0% at this industry median. Based on the distribution chart, Tenpos Holdings Co ranks #545 out of 1098 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Tenpos Holdings Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenpos Holdings Co's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Tenpos Holdings Co ranks #545 out of 1098 companies for Piotroski F-Score. This puts Tenpos Holdings Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tenpos Holdings Co's value of 5 is 0% at this benchmark. Historically, Tenpos Holdings Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Tenpos Holdings 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 - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,098 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. Tenpos Holdings 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 Tenpos Holdings Co and its competitors. For the Retail - Cyclical 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. Tenpos Holdings Co's current Piotroski F-Score is 5, which is near 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 Tenpos Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tenpos Holdings Co (TSE:2751) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,495.54, compared to a current price of 円3,670.00 — trading 18.4% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Retail - Cyclical industry median of 5.00. Tenpos Holdings Co's overall GF Score™ is 80/100 with 3 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 Tenpos Holdings Co (TSE:2751), the current Piotroski F-Score is 5 as of Jul. 04, 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 Tenpos Holdings Co (TSE:2751) Overvalued in 2026?

Based on GuruFocus' analysis, Tenpos Holdings Co stock appears to be undervalued. The current stock price of 円3,670.00 is trading 18.4% below its estimated GF Value™ of 円4,495.54. GuruFocus considers Tenpos Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2751:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円4,495.54 vs. price of 円3,670.00 (18.4% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 0% at the Retail - Cyclical median (#545 of 1098)

No single metric tells the full story. See the TSE:2751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenpos Holdings Co Business Description

Address 2-30-17 Higashi-Kamata, 7th Floor, Sanyu Higashikamata Building, Ota-ku, Tokyo, JPN, 144-0031
Tenpos Holdings Co Ltd operates refurbished kitchen equipment stores for the food service industry. Its business segments are divided into Product sales business, Information and service business and Catering Business. The company offers tableware, kitchen equipment and cooking utensils. It is also engaged in interior and exterior design and construction business and human resources education service business.
80GF Score

Get the complete analysis for TSE:2751

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

円3,670.00
Price
円4,495.54
GF Value