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Beauty Kadan Holdings Co (TSE:3041) Piotroski F-Score : 5 (As of Apr. 07, 2025)


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What is Beauty Kadan Holdings Co Piotroski F-Score?

The zones of discrimination were as such:

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

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

TSE:3041' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Beauty Kadan Holdings Co was 8. The lowest was 3. And the median was 5.


Beauty Kadan Holdings Co Piotroski F-Score Historical Data

The historical data trend for Beauty Kadan 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.

* Premium members only.

Beauty Kadan Holdings Co Piotroski F-Score Chart

Beauty Kadan Holdings Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 6.00 8.00 5.00

Beauty Kadan Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 -

Competitive Comparison of Beauty Kadan Holdings Co's Piotroski F-Score

For the Personal Services subindustry, Beauty Kadan 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.


Beauty Kadan Holdings Co's Piotroski F-Score Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Beauty Kadan Holdings Co's Piotroski F-Score distribution charts can be found below:

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


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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 (Jun24) TTM:Last Year (Jun23) TTM:
Net Income was 円29 Mil.
Cash Flow from Operations was 円98 Mil.
Revenue was 円6,983 Mil.
Gross Profit was 円994 Mil.
Average Total Assets from the begining of this year (Jun23)
to the end of this year (Jun24) was (2462.09 + 2717.887) / 2 = 円2589.9885 Mil.
Total Assets at the begining of this year (Jun23) was 円2,462 Mil.
Long-Term Debt & Capital Lease Obligation was 円806 Mil.
Total Current Assets was 円1,799 Mil.
Total Current Liabilities was 円1,282 Mil.
Net Income was 円89 Mil.

Revenue was 円6,413 Mil.
Gross Profit was 円941 Mil.
Average Total Assets from the begining of last year (Jun22)
to the end of last year (Jun23) was (2435.062 + 2462.09) / 2 = 円2448.576 Mil.
Total Assets at the begining of last year (Jun22) was 円2,435 Mil.
Long-Term Debt & Capital Lease Obligation was 円764 Mil.
Total Current Assets was 円1,627 Mil.
Total Current Liabilities was 円1,060 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.

Beauty Kadan Holdings Co's current Net Income (TTM) was 29. ==> 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.

Beauty Kadan Holdings Co's current Cash Flow from Operations (TTM) was 98. ==> 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 (Jun23)
=28.541/2462.09
=0.01159218

ROA (Last Year)=Net Income/Total Assets (Jun22)
=88.816/2435.062
=0.03647381

Beauty Kadan Holdings Co's return on assets of this year was 0.01159218. Beauty Kadan Holdings Co's return on assets of last year was 0.03647381. ==> 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.

Beauty Kadan Holdings Co's current Net Income (TTM) was 29. Beauty Kadan Holdings Co's current Cash Flow from Operations (TTM) was 98. ==> 98 > 29 ==> 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: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=805.629/2589.9885
=0.31105505

Gearing (Last Year: Jun23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Jun23
=763.521/2448.576
=0.31182246

Beauty Kadan Holdings Co's gearing of this year was 0.31105505. Beauty Kadan Holdings Co's gearing of last year was 0.31182246. ==> 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: Jun24)=Total Current Assets/Total Current Liabilities
=1799.228/1282.422
=1.40299215

Current Ratio (Last Year: Jun23)=Total Current Assets/Total Current Liabilities
=1626.621/1059.826
=1.53480005

Beauty Kadan Holdings Co's current ratio of this year was 1.40299215. Beauty Kadan Holdings Co's current ratio of last year was 1.53480005. ==> 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.

Beauty Kadan Holdings Co's number of shares in issue this year was 4.055. Beauty Kadan Holdings Co's number of shares in issue last year was 4.049. ==> 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
=994.391/6982.903
=0.14240367

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=941.022/6413.063
=0.14673519

Beauty Kadan Holdings Co's gross margin of this year was 0.14240367. Beauty Kadan Holdings Co's gross margin of last year was 0.14673519. ==> 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 (Jun23)
=6982.903/2462.09
=2.83616886

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun22)
=6413.063/2435.062
=2.63363438

Beauty Kadan Holdings Co's asset turnover of this year was 2.83616886. Beauty Kadan Holdings Co's asset turnover of last year was 2.63363438. ==> 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+0+1
=5

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

Beauty Kadan Holdings Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Beauty Kadan Holdings Co  (TSE:3041) 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.


Beauty Kadan Holdings Co Piotroski F-Score Related Terms

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Beauty Kadan Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
1-46 Ryutsu Danchi, Minami-ku, Kumamoto Prefecture, Kumamoto, JPN, 862-0967
Beauty Kadan Holdings Co Ltd offers planning and setting up flower arrangement altars for funerals and other events. The company also wholesales fresh flowers and bridal flower business. It also has other businesses, including the System development, and Wedding and funeral business.

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