Yokorei Co (TSE:2874) Piotroski F-Score: 6 (As of Jul. 14, 2026) — 20% Above Median

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TSE:2874 Yokorei Co Ltd TSE:2874
52 GF Score
Price 円2,184.00
GF Value 円1,075.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Yokorei Co Piotroski F-Score?

Yokorei Co TSE:2874 +4.75% 52 Piotroski F-Score is 6 as of Jul. 14, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:2874 with a GF Score™ of 52/100 and a GF Value™ of 円1,075.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 299 Retail - Defensive companies, Yokorei 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

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

TSE:2874' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Yokorei Co was 7. The lowest was 2. And the median was 5.

Yokorei Co  (TSE:2874) 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.


Yokorei Co Piotroski F-Score Related Terms


Yokorei Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yokorei 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.

Yokorei Co Piotroski F-Score Chart

Yokorei Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 4.00 6.00 5.00

Yokorei Co 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 6.00 4.00 5.00 6.00 6.00

TSE:2874 vs SYY, USFD, PFGC: Piotroski F-Score Comparison

For the Food Distribution subindustry, Yokorei 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.


Yokorei Co Piotroski F-Score vs Retail - Defensive Industry

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

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


TSE:2874
52GF Score
Yokorei Co Ltd TSE:2874
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 619 + -311 + 1209 + 1640 = 円3,157 Mil.
Cash Flow from Operations was 2151 + 7440 + 3767 + 5957 = 円19,315 Mil.
Revenue was 31841 + 30297 + 33332 + 30896 = 円126,366 Mil.
Gross Profit was 3091 + 3344 + 4684 + 4102 = 円15,221 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(211530 + 214174 + 209034 + 215748 + 216950) / 5 = 円213487.2 Mil.
Total Assets at the begining of this year (Mar25) was 円211,530 Mil.
Long-Term Debt & Capital Lease Obligation was 円80,415 Mil.
Total Current Assets was 円33,103 Mil.
Total Current Liabilities was 円39,915 Mil.
Net Income was 1639 + 1193 + 134 + 1536 = 円4,502 Mil.

Revenue was 33803 + 28482 + 33758 + 29667 = 円125,710 Mil.
Gross Profit was 3681 + 2871 + 4195 + 3506 = 円14,253 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(210633 + 220117 + 203026 + 215766 + 211530) / 5 = 円212214.4 Mil.
Total Assets at the begining of last year (Mar24) was 円210,633 Mil.
Long-Term Debt & Capital Lease Obligation was 円80,717 Mil.
Total Current Assets was 円39,093 Mil.
Total Current Liabilities was 円41,843 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.

Yokorei Co's current Net Income (TTM) was 3,157. ==> 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.

Yokorei Co's current Cash Flow from Operations (TTM) was 19,315. ==> 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)
=3157/211530
=0.0149246

ROA (Last Year)=Net Income/Total Assets (Mar24)
=4502/210633
=0.02137367

Yokorei Co's return on assets of this year was 0.0149246. Yokorei Co's return on assets of last year was 0.02137367. ==> 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.

Yokorei Co's current Net Income (TTM) was 3,157. Yokorei Co's current Cash Flow from Operations (TTM) was 19,315. ==> 19,315 > 3,157 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=80415/213487.2
=0.37667364

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=80717/212214.4
=0.3803559

Yokorei Co's gearing of this year was 0.37667364. Yokorei Co's gearing of last year was 0.3803559. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=33103/39915
=0.82933734

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=39093/41843
=0.93427813

Yokorei Co's current ratio of this year was 0.82933734. Yokorei Co's current ratio of last year was 0.93427813. ==> 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.

Yokorei Co's number of shares in issue this year was 59.149. Yokorei Co's number of shares in issue last year was 58.995. ==> 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
=15221/126366
=0.1204517

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14253/125710
=0.11338

Yokorei Co's gross margin of this year was 0.1204517. Yokorei Co's gross margin of last year was 0.11338. ==> 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 (Mar25)
=126366/211530
=0.59739044

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=125710/210633
=0.59682006

Yokorei Co's asset turnover of this year was 0.59739044. Yokorei Co's asset turnover of last year was 0.59682006. ==> 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+1+1+0+0+1+1
=6

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

Yokorei 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?
Yokorei Co (TSE:2874) 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 Yokorei Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Yokorei Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Yokorei Co ranks #88 out of 299 companies in the Retail - Defensive industry, placing it in the top 29.4%.
Is Yokorei Co's Piotroski F-Score too high?
Yokorei Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Yokorei Co's value of 6 is 0% at this industry median. Based on the distribution chart, Yokorei Co ranks #88 out of 299 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Yokorei Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yokorei Co's Piotroski F-Score compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Yokorei Co ranks #88 out of 299 companies for Piotroski F-Score. This puts Yokorei Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Yokorei Co's value of 6 is 0% at this benchmark. Historically, Yokorei Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Yokorei 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. Yokorei 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 Yokorei 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. Yokorei Co's current Piotroski F-Score is 6, which is 20% above 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 Yokorei Co stock overvalued right now?
Based on GuruFocus' analysis, Yokorei Co (TSE:2874) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,075.32, compared to a current price of 円2,184.00 — trading 103.1% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Retail - Defensive industry median of 6.00. Yokorei Co's overall GF Score™ is 52/100 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 Yokorei Co (TSE:2874), 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 Yokorei Co (TSE:2874) Overvalued in 2026?

Based on GuruFocus' analysis, Yokorei Co stock appears to be overvalued. The current stock price of 円2,184.00 is trading 103.1% above its estimated GF Value™ of 円1,075.32. GuruFocus considers Yokorei Co to be Significantly Overvalued.

Key valuation signals for TSE:2874:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円1,075.32 vs. price of 円2,184.00 (103.1% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 0% at the Retail - Defensive median (#88 of 299)

No single metric tells the full story. See the TSE:2874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yokorei Co Business Description

Address 4-6-2 Minatomirai, Minatomirai Grand Central Tower, 7th floor, Nishi-ku, Yokohama, JPN, 220-0012
Yokorei Co Ltd, formerly Yokohama Reito Co Ltd operates in two segments, namely Refrigerated Warehousing and Food Sales. Refrigerated warehousing business includes cold storage and frozen storage operations of marine, livestock, and other products as well as related operations. Food sales business includes wholesale sales, processing operations, etc., of marine, livestock, and other products. It generates the majority of its revenue from the Food Sales segment.
52GF Score

Get the complete analysis for TSE:2874

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

円2,184.00
Price
円1,075.32
GF Value