JINS Holdings (TSE:3046) Piotroski F-Score: 8 (As of Jul. 14, 2026) — 33% Above Median

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TSE:3046 JINS Holdings Inc TSE:3046
96 GF Score
Price 円6,240.00
GF Value 円6,930.31
Valuation Modestly Undervalued
View Full Analysis

What is JINS Holdings Piotroski F-Score?

JINS Holdings TSE:3046 -19.38% 96 Piotroski F-Score is 8 as of Jul. 14, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:3046 with a GF Score™ of 96/100 and a GF Value™ of 円6,930.31 (Modestly Undervalued). Among 803 Medical Devices & Instruments companies, JINS Holdings ranks better than 98.75% 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

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

TSE:3046' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of JINS Holdings was 9. The lowest was 3. And the median was 6.

JINS Holdings  (TSE:3046) 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.


JINS Holdings Piotroski F-Score Related Terms


JINS Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for JINS Holdings'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.

JINS Holdings Piotroski F-Score Chart

JINS Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 7.00 8.00 8.00

JINS Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 8.00 0.00 0.00 0.00

TSE:3046 vs ISRG, BDX, MDLN: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, JINS Holdings'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.


JINS Holdings Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Piotroski F-Score distribution charts can be found below:

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


TSE:3046
96GF Score
JINS Holdings Inc TSE:3046
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 (Aug25) TTM:Last Year (Aug24) TTM:
Net Income was 円8,330 Mil.
Cash Flow from Operations was 円10,533 Mil.
Revenue was 円97,215 Mil.
Gross Profit was 円75,814 Mil.
Average Total Assets from the begining of this year (Aug24)
to the end of this year (Aug25) was (54041 + 57863) / 2 = 円55952 Mil.
Total Assets at the begining of this year (Aug24) was 円54,041 Mil.
Long-Term Debt & Capital Lease Obligation was 円117 Mil.
Total Current Assets was 円28,650 Mil.
Total Current Liabilities was 円21,717 Mil.
Net Income was 円4,671 Mil.

Revenue was 円82,999 Mil.
Gross Profit was 円64,444 Mil.
Average Total Assets from the begining of last year (Aug23)
to the end of last year (Aug24) was (44856 + 54041) / 2 = 円49448.5 Mil.
Total Assets at the begining of last year (Aug23) was 円44,856 Mil.
Long-Term Debt & Capital Lease Obligation was 円214 Mil.
Total Current Assets was 円32,254 Mil.
Total Current Liabilities was 円25,663 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.

JINS Holdings's current Net Income (TTM) was 8,330. ==> 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.

JINS Holdings's current Cash Flow from Operations (TTM) was 10,533. ==> 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 (Aug24)
=8330/54041
=0.15414223

ROA (Last Year)=Net Income/Total Assets (Aug23)
=4671/44856
=0.10413323

JINS Holdings's return on assets of this year was 0.15414223. JINS Holdings's return on assets of last year was 0.10413323. ==> 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.

JINS Holdings's current Net Income (TTM) was 8,330. JINS Holdings's current Cash Flow from Operations (TTM) was 10,533. ==> 10,533 > 8,330 ==> 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: Aug25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug24 to Aug25
=117/55952
=0.00209108

Gearing (Last Year: Aug24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug23 to Aug24
=214/49448.5
=0.00432773

JINS Holdings's gearing of this year was 0.00209108. JINS Holdings's gearing of last year was 0.00432773. ==> 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: Aug25)=Total Current Assets/Total Current Liabilities
=28650/21717
=1.31924299

Current Ratio (Last Year: Aug24)=Total Current Assets/Total Current Liabilities
=32254/25663
=1.2568289

JINS Holdings's current ratio of this year was 1.31924299. JINS Holdings's current ratio of last year was 1.2568289. ==> This year's current ratio is higher. ==> Score 1.

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.

JINS Holdings's number of shares in issue this year was 23.341. JINS Holdings's number of shares in issue last year was 24.459. ==> 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
=75814/97215
=0.77985908

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=64444/82999
=0.77644309

JINS Holdings's gross margin of this year was 0.77985908. JINS Holdings's gross margin of last year was 0.77644309. ==> 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 (Aug24)
=97215/54041
=1.79891194

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug23)
=82999/44856
=1.85034332

JINS Holdings's asset turnover of this year was 1.79891194. JINS Holdings's asset turnover of last year was 1.85034332. ==> 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
=1+1+1+1+1+1+1+1+0
=8

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

JINS Holdings 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?
JINS Holdings (TSE:3046) has a Piotroski F-Score of 8 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JINS Holdings and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, JINS Holdings' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, JINS Holdings ranks #10 out of 803 companies in the Medical Devices & Instruments industry, placing it in the top 1.2%.
Is JINS Holdings' Piotroski F-Score too high?
JINS Holdings' 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 Medical Devices & Instruments industry median Piotroski F-Score is 5.00. JINS Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, JINS Holdings ranks #10 out of 803 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, JINS Holdings has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JINS Holdings' Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, JINS Holdings ranks #10 out of 803 companies for Piotroski F-Score. This places JINS Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. JINS Holdings' value of 8 is 60% above this benchmark. Historically, JINS Holdings' 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, JINS Holdings 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 803 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. JINS Holdings'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 JINS Holdings and its competitors. For the Medical Devices & Instruments 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. JINS Holdings'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 JINS Holdings stock overvalued right now?
Based on GuruFocus' analysis, JINS Holdings (TSE:3046) is currently considered Modestly Undervalued. The stock's GF Value™ is 円6,930.31, compared to a current price of 円6,240.00 — trading 10% below 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 Medical Devices & Instruments industry median of 5.00. JINS Holdings' overall GF Score™ is 96/100. 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 JINS Holdings (TSE:3046), the current Piotroski F-Score is 8 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 JINS Holdings (TSE:3046) Overvalued in 2026?

Based on GuruFocus' analysis, JINS Holdings stock appears to be undervalued. The current stock price of 円6,240.00 is trading 10% below its estimated GF Value™ of 円6,930.31. GuruFocus considers JINS Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3046:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円6,930.31 vs. price of 円6,240.00 (10% below fair value)
  • GF Score™: 96/100
  • Industry Position: 60% above the Medical Devices & Instruments median (#10 of 803)

No single metric tells the full story. See the TSE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JINS Holdings Business Description

Other Exchanges 5F3:Germany
Address 26-4 Kawaramachi 2-chome, Gunma Prefecture, Maebashi, JPN, 371-0046
JINS Holdings Inc is an eyewear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.
96GF Score

Get the complete analysis for TSE:3046

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

円6,240.00
Price
円6,930.31
GF Value