Yamami Co (TSE:2820) Piotroski F-Score: 8 (As of Sep. 03, 2026) — 33% Above Median

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TSE:2820 Yamami Co TSE:2820
78 GF Score
Price 円5,900.00
GF Value 円4,911.89
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Yamami Co Piotroski F-Score?

Yamami Co TSE:2820 -2.96% 78 Piotroski F-Score is 8 as of Sep. 03, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:2820 with a GF Score™ of 78/100 and a GF Value™ of 円4,911.89 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Yamami Co ranks better than 97.62% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Yamami Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:2820' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 8

During the past 12 years, the highest Piotroski F-Score of Yamami Co was 9. The lowest was 3. And the median was 6.

Yamami Co  (TSE:2820) 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.


Yamami Co Piotroski F-Score Related Terms


Yamami Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yamami 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.

Yamami Co Piotroski F-Score Chart

Yamami Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 8.00 9.00 5.00 8.00

Yamami Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.00 0.00 0.00 0.00 8.00

TSE:2820 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Yamami 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.


Yamami Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:2820
78GF Score
Yamami Co TSE:2820
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 円1,922 Mil.
Cash Flow from Operations was 円4,007 Mil.
Revenue was 円23,238 Mil.
Gross Profit was 円5,541 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was (15980.559 + 18453.435) / 2 = 円17216.997 Mil.
Total Assets at the begining of this year (Jun25) was 円15,981 Mil.
Long-Term Debt & Capital Lease Obligation was 円959 Mil.
Total Current Assets was 円3,739 Mil.
Total Current Liabilities was 円5,458 Mil.
Net Income was 円1,503 Mil.

Revenue was 円21,065 Mil.
Gross Profit was 円4,323 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was (15517.526 + 15980.559) / 2 = 円15749.0425 Mil.
Total Assets at the begining of last year (Jun24) was 円15,518 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,346 Mil.
Total Current Assets was 円3,679 Mil.
Total Current Liabilities was 円3,947 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.

Yamami Co's current Net Income (TTM) was 1,922. ==> 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.

Yamami Co's current Cash Flow from Operations (TTM) was 4,007. ==> 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 (Jun25)
=1921.993/15980.559
=0.1202707

ROA (Last Year)=Net Income/Total Assets (Jun24)
=1502.59/15517.526
=0.0968318

Yamami Co's return on assets of this year was 0.1202707. Yamami Co's return on assets of last year was 0.0968318. ==> 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.

Yamami Co's current Net Income (TTM) was 1,922. Yamami Co's current Cash Flow from Operations (TTM) was 4,007. ==> 4,007 > 1,922 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=958.907/17216.997
=0.05569537

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=1346.405/15749.0425
=0.08549123

Yamami Co's gearing of this year was 0.05569537. Yamami Co's gearing of last year was 0.08549123. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=3739.216/5458.124
=0.68507348

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=3679.416/3947.165
=0.93216676

Yamami Co's current ratio of this year was 0.68507348. Yamami Co's current ratio of last year was 0.93216676. ==> 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.

Yamami Co's number of shares in issue this year was 6.967. Yamami Co's number of shares in issue last year was 6.967. ==> 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
=5541.477/23238.268
=0.23846343

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4322.626/21064.618
=0.2052079

Yamami Co's gross margin of this year was 0.23846343. Yamami Co's gross margin of last year was 0.2052079. ==> 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 (Jun25)
=23238.268/15980.559
=1.45415864

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=21064.618/15517.526
=1.35747271

Yamami Co's asset turnover of this year was 1.45415864. Yamami Co's asset turnover of last year was 1.35747271. ==> 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+1+1+0+1+1+1
=8

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

Yamami Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Yamami Co (TSE:2820) has a Piotroski F-Score of 8 as of Sep. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yamami Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Yamami Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Yamami Co ranks #46 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is Yamami Co's Piotroski F-Score too high?
Yamami Co's current Piotroski F-Score of 8 is 33% above 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. Yamami Co's value of 8 is 60% above this industry median. Based on the distribution chart, Yamami Co ranks #46 out of 1929 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Yamami Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yamami Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Yamami Co ranks #46 out of 1929 companies for Piotroski F-Score. This places Yamami Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yamami Co's value of 8 is 60% above this benchmark. Historically, Yamami 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, Yamami Co has consistently been above 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 1,929 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. Yamami Co's current Piotroski F-Score of 8 is 60% above 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 Yamami 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. Yamami Co's current Piotroski F-Score is 8, which is 33% above 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 Yamami Co stock overvalued right now?
Based on GuruFocus' analysis, Yamami Co (TSE:2820) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,911.89, compared to a current price of 円5,900.00 — trading 20.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Yamami Co's overall GF Score™ is 78/100 with 2 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 Yamami Co (TSE:2820), the current Piotroski F-Score is 8 as of Sep. 03, 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 Yamami Co (TSE:2820) Overvalued in 2026?

Based on GuruFocus' analysis, Yamami Co stock appears to be overvalued. The current stock price of 円5,900.00 is trading 20.1% above its estimated GF Value™ of 円4,911.89. GuruFocus considers Yamami Co to be Modestly Overvalued.

Key valuation signals for TSE:2820:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円4,911.89 vs. price of 円5,900.00 (20.1% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#46 of 1929)

No single metric tells the full story. See the TSE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamami Co Business Description

Address 73-5 Sodekake, Obara, Numata Nishimachi, Hiroshima Prefecture, Mihara, JPN, 990-0473
Yamami Co is engaged in the manufacture and sale of soy products, including tofu, atsuage and aburaage in Japan. Its product includes deep-fried tofu, silk tofu, filled tofu, ottoro tofu and cotton tofu, as well as processed marine food, such as fried fish balls.
78GF Score

Get the complete analysis for TSE:2820

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

円5,900.00
Price
円4,911.89
GF Value