OHMORIYA Co (TSE:2917) Piotroski F-Score: 1 (As of Jul. 15, 2026) — 75% Below Median

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TSE:2917 OHMORIYA Co Ltd TSE:2917
54 GF Score
Price 円930.00
GF Value 円977.29
Valuation Fairly Valued
! 11 Warning Signs
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What is OHMORIYA Co Piotroski F-Score?

OHMORIYA Co TSE:2917 54 Piotroski F-Score is 1 as of Jul. 15, 2026, which is 75% below its 10-year median of 4.00. GuruFocus rates TSE:2917 with a GF Score™ of 54/100 and a GF Value™ of 円977.29 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, OHMORIYA Co ranks worse than 98.95% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

OHMORIYA Co has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

TSE:2917' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 1

During the past 13 years, the highest Piotroski F-Score of OHMORIYA Co was 7. The lowest was 1. And the median was 4.

OHMORIYA Co  (TSE:2917) 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.


OHMORIYA Co Piotroski F-Score Related Terms


OHMORIYA Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OHMORIYA 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.

OHMORIYA Co Piotroski F-Score Chart

OHMORIYA 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 6.00 4.00 4.00 1.00

OHMORIYA Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 4.00 0.00 1.00 0.00

TSE:2917 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, OHMORIYA 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.


OHMORIYA Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:2917
54GF Score
OHMORIYA Co Ltd TSE:2917
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 円-74 Mil.
Cash Flow from Operations was 円-5,011 Mil.
Revenue was 円16,511 Mil.
Gross Profit was 円1,933 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (15706.221 + 23556.626) / 2 = 円19631.4235 Mil.
Total Assets at the begining of this year (Sep24) was 円15,706 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,803 Mil.
Total Current Assets was 円17,728 Mil.
Total Current Liabilities was 円9,829 Mil.
Net Income was 円180 Mil.

Revenue was 円16,305 Mil.
Gross Profit was 円2,172 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (14837.658 + 15706.221) / 2 = 円15271.9395 Mil.
Total Assets at the begining of last year (Sep23) was 円14,838 Mil.
Long-Term Debt & Capital Lease Obligation was 円230 Mil.
Total Current Assets was 円12,413 Mil.
Total Current Liabilities was 円3,403 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.

OHMORIYA Co's current Net Income (TTM) was -74. ==> 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.

OHMORIYA Co's current Cash Flow from Operations (TTM) was -5,011. ==> Negative ==> Score 0.

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 (Sep24)
=-73.7/15706.221
=-0.00469241

ROA (Last Year)=Net Income/Total Assets (Sep23)
=179.993/14837.658
=0.01213082

OHMORIYA Co's return on assets of this year was -0.00469241. OHMORIYA Co's return on assets of last year was 0.01213082. ==> 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.

OHMORIYA Co's current Net Income (TTM) was -74. OHMORIYA Co's current Cash Flow from Operations (TTM) was -5,011. ==> -5,011 <= -74 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=1803.354/19631.4235
=0.09186058

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=230.017/15271.9395
=0.01506141

OHMORIYA Co's gearing of this year was 0.09186058. OHMORIYA Co's gearing of last year was 0.01506141. ==> Last year is lower than this year ==> Score 0.

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: Sep25)=Total Current Assets/Total Current Liabilities
=17727.51/9829.413
=1.80351665

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=12412.726/3403.073
=3.64750506

OHMORIYA Co's current ratio of this year was 1.80351665. OHMORIYA Co's current ratio of last year was 3.64750506. ==> 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.

OHMORIYA Co's number of shares in issue this year was 4.994. OHMORIYA Co's number of shares in issue last year was 5.025. ==> 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
=1933.174/16511.214
=0.11708249

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2171.825/16305.293
=0.13319755

OHMORIYA Co's gross margin of this year was 0.11708249. OHMORIYA Co's gross margin of last year was 0.13319755. ==> Last year's gross margin is higher ==> Score 0.

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 (Sep24)
=16511.214/15706.221
=1.05125313

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=16305.293/14837.658
=1.09891285

OHMORIYA Co's asset turnover of this year was 1.05125313. OHMORIYA Co's asset turnover of last year was 1.09891285. ==> 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
=0+0+0+0+0+0+1+0+0
=1

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

OHMORIYA Co has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
OHMORIYA Co (TSE:2917) has a Piotroski F-Score of 1 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OHMORIYA Co and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, OHMORIYA Co's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, OHMORIYA Co ranks #1890 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 99%.
Is OHMORIYA Co's Piotroski F-Score too high?
OHMORIYA Co's current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. OHMORIYA Co's value of 1 is 80% below this industry median. Based on the distribution chart, OHMORIYA Co ranks #1890 out of 1910 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, OHMORIYA Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OHMORIYA Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, OHMORIYA Co ranks #1890 out of 1910 companies for Piotroski F-Score. This places OHMORIYA Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. OHMORIYA Co's value of 1 is 80% below this benchmark. Historically, OHMORIYA Co's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, OHMORIYA Co has consistently been below 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 1,910 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. OHMORIYA Co's current Piotroski F-Score of 1 is 80% below 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 OHMORIYA 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. OHMORIYA Co's current Piotroski F-Score is 1, which is 75% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHMORIYA Co stock overvalued right now?
Based on GuruFocus' analysis, OHMORIYA Co (TSE:2917) is currently considered Fairly Valued. The stock's GF Value™ is 円977.29, compared to a current price of 円930.00 — trading 4.8% below its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Consumer Packaged Goods industry median of 5.00. OHMORIYA Co's overall GF Score™ is 54/100 with 11 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 OHMORIYA Co (TSE:2917), the current Piotroski F-Score is 1 as of Jul. 15, 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 OHMORIYA Co (TSE:2917) Overvalued in 2026?

Based on GuruFocus' analysis, OHMORIYA Co stock appears to be undervalued. The current stock price of 円930.00 is trading 4.8% below its estimated GF Value™ of 円977.29. GuruFocus considers OHMORIYA Co to be Fairly Valued.

Key valuation signals for TSE:2917:

  • Piotroski F-Score: 1 (75% below median its 10-year median of 4.00)
  • GF Value™: 円977.29 vs. price of 円930.00 (4.8% below fair value)
  • GF Score™: 54/100 with 11 warning signs
  • Industry Position: 80% below the Consumer Packaged Goods median (#1890 of 1910)

No single metric tells the full story. See the TSE:2917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OHMORIYA Co Business Description

Address 34 No. 3 No. 4-chome, Fukushima-ku, Osaka, JPN
OHMORIYA Co Ltd is a Japanese based company engaged in the manufacturing and sale of seaweed products. The company specializes in dried seaweed and seasoned laver for home and commercial use. It provides processed seaweed products for gift items and also produces a variety of toppings for rice and pasta. In addition, the company also offers sprinkle, tea and soup products.
54GF Score

Get the complete analysis for TSE:2917

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

円930.00
Price
円977.29
GF Value