St.Cousair Co (TSE:2937) Piotroski F-Score: 7 (As of Jul. 25, 2026) — 40% Above Median

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TSE:2937 St.Cousair Co Ltd TSE:2937
63 GF Score
Price 円1,715.00
GF Value 円2,143.94
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is St.Cousair Co Piotroski F-Score?

St.Cousair Co TSE:2937 -0.12% 63 Piotroski F-Score is 7 as of Jul. 25, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:2937 with a GF Score™ of 63/100 and a GF Value™ of 円2,143.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, St.Cousair Co ranks better than 88.34% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

St.Cousair Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:2937' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 7

During the past 6 years, the highest Piotroski F-Score of St.Cousair Co was 7. The lowest was 4. And the median was 5.

St.Cousair Co  (TSE:2937) 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.


St.Cousair Co Piotroski F-Score Related Terms


St.Cousair Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for St.Cousair 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.

St.Cousair Co Piotroski F-Score Chart

St.Cousair Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 4.00 4.00 7.00

St.Cousair Co Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 0.00 4.00 0.00 7.00

TSE:2937 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, St.Cousair 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.


St.Cousair Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:2937
63GF Score
St.Cousair Co Ltd TSE:2937
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 円618 Mil.
Cash Flow from Operations was 円1,533 Mil.
Revenue was 円20,601 Mil.
Gross Profit was 円7,365 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (9245.329 + 10212.248) / 2 = 円9728.7885 Mil.
Total Assets at the begining of this year (Mar25) was 円9,245 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,053 Mil.
Total Current Assets was 円6,375 Mil.
Total Current Liabilities was 円3,151 Mil.
Net Income was 円350 Mil.

Revenue was 円19,467 Mil.
Gross Profit was 円6,780 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (9422.534 + 9245.329) / 2 = 円9333.9315 Mil.
Total Assets at the begining of last year (Mar24) was 円9,423 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,088 Mil.
Total Current Assets was 円6,123 Mil.
Total Current Liabilities was 円2,724 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.

St.Cousair Co's current Net Income (TTM) was 618. ==> 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.

St.Cousair Co's current Cash Flow from Operations (TTM) was 1,533. ==> 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)
=618.234/9245.329
=0.06686988

ROA (Last Year)=Net Income/Total Assets (Mar24)
=350.434/9422.534
=0.03719106

St.Cousair Co's return on assets of this year was 0.06686988. St.Cousair Co's return on assets of last year was 0.03719106. ==> 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.

St.Cousair Co's current Net Income (TTM) was 618. St.Cousair Co's current Cash Flow from Operations (TTM) was 1,533. ==> 1,533 > 618 ==> 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
=1052.798/9728.7885
=0.10821471

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1088.122/9333.9315
=0.11657703

St.Cousair Co's gearing of this year was 0.10821471. St.Cousair Co's gearing of last year was 0.11657703. ==> 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
=6375.451/3151.164
=2.02320508

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6123.073/2724.493
=2.24741741

St.Cousair Co's current ratio of this year was 2.02320508. St.Cousair Co's current ratio of last year was 2.24741741. ==> 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.

St.Cousair Co's number of shares in issue this year was 9.277. St.Cousair Co's number of shares in issue last year was 9.238. ==> 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
=7365.209/20600.612
=0.3575238

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6779.644/19467.26
=0.34825877

St.Cousair Co's gross margin of this year was 0.3575238. St.Cousair Co's gross margin of last year was 0.34825877. ==> 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)
=20600.612/9245.329
=2.22821838

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=19467.26/9422.534
=2.06603234

St.Cousair Co's asset turnover of this year was 2.22821838. St.Cousair Co's asset turnover of last year was 2.06603234. ==> 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+0+1+1
=7

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

St.Cousair Co has an F-score of 7. 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 7 mean?
St.Cousair Co (TSE:2937) has a Piotroski F-Score of 7 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on St.Cousair Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, St.Cousair Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, St.Cousair Co ranks #223 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 11.7%.
Is St.Cousair Co's Piotroski F-Score too high?
St.Cousair Co's current Piotroski F-Score of 7 is 40% above 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. St.Cousair Co's value of 7 is 40% above this industry median. Based on the distribution chart, St.Cousair Co ranks #223 out of 1912 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, St.Cousair Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does St.Cousair Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, St.Cousair Co ranks #223 out of 1912 companies for Piotroski F-Score. This places St.Cousair Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. St.Cousair Co's value of 7 is 40% above this benchmark. Historically, St.Cousair 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, St.Cousair 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 1,912 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. St.Cousair Co's current Piotroski F-Score of 7 is 40% 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 St.Cousair 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. St.Cousair Co's current Piotroski F-Score is 7, which is 40% 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 St.Cousair Co stock overvalued right now?
Based on GuruFocus' analysis, St.Cousair Co (TSE:2937) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,143.94, compared to a current price of 円1,715.00 — trading 20% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Consumer Packaged Goods industry median of 5.00. St.Cousair Co's overall GF Score™ is 63/100 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 St.Cousair Co (TSE:2937), the current Piotroski F-Score is 7 as of Jul. 25, 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 St.Cousair Co (TSE:2937) Overvalued in 2026?

Based on GuruFocus' analysis, St.Cousair Co stock appears to be undervalued. The current stock price of 円1,715.00 is trading 20% below its estimated GF Value™ of 円2,143.94. GuruFocus considers St.Cousair Co to be Modestly Undervalued.

Key valuation signals for TSE:2937:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円2,143.94 vs. price of 円1,715.00 (20% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#223 of 1912)

No single metric tells the full story. See the TSE:2937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


St.Cousair Co Business Description

Address Oaza Imokawa 1260, Saint Cousair Hill, Iizuna-machi, Kamiminochi-gun, Nagano Prefecture, Nagano, JPN, 389-1201
St.Cousair Co Ltd is engaged in the food manufacturing and sales business, operating company-owned and franchise stores throughout Japan. In addition to company-owned stores, the group also sells products through various channels, such as online shops, websites, and an online marketplace. It offers various food products and ingredients such as wine, jam, pasta sauce, rice accompaniments, dashi, miso, soy sauce, drink bases, dressings, jellies, etc. These products are marketed through brands like Saint Cousair, Kuze Fuku & Sons, Portlandia Foods, Bonnie's Jams, and others. The group operates in a single segment, food manufacturing and sales. Geographically, it operates in Japan, Taiwan, Korea, Australia, China, the United States, and other markets.
63GF Score

Get the complete analysis for TSE:2937

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

円1,715.00
Price
円2,143.94
GF Value