Lacto Japan Co (TSE:3139) Piotroski F-Score: 5 (As of Jul. 16, 2026) — Near Median

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TSE:3139 Lacto Japan Co Ltd TSE:3139
72 GF Score
Price 円3,515.00
GF Value 円1,782.31
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lacto Japan Co Piotroski F-Score?

Lacto Japan Co TSE:3139 +0.72% 72 Piotroski F-Score is 5 as of Jul. 16, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:3139 with a GF Score™ of 72/100 and a GF Value™ of 円1,782.31 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Lacto Japan Co ranks better than 51.78% 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

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

TSE:3139' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 12 years, the highest Piotroski F-Score of Lacto Japan Co was 7. The lowest was 3. And the median was 5.

Lacto Japan Co  (TSE:3139) 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.


Lacto Japan Co Piotroski F-Score Related Terms


Lacto Japan Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lacto Japan 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.

Lacto Japan Co Piotroski F-Score Chart

Lacto Japan Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 3.00 5.00 7.00 5.00

Lacto Japan Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 0.00 5.00 0.00 0.00

TSE:3139 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Lacto Japan 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.


Lacto Japan Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:3139
72GF Score
Lacto Japan Co Ltd TSE:3139
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 (Nov25) TTM:Last Year (Nov24) TTM:
Net Income was 円4,317 Mil.
Cash Flow from Operations was 円-268 Mil.
Revenue was 円182,816 Mil.
Gross Profit was 円12,288 Mil.
Average Total Assets from the begining of this year (Nov24)
to the end of this year (Nov25) was (81435 + 90209) / 2 = 円85822 Mil.
Total Assets at the begining of this year (Nov24) was 円81,435 Mil.
Long-Term Debt & Capital Lease Obligation was 円7,659 Mil.
Total Current Assets was 円83,151 Mil.
Total Current Liabilities was 円48,800 Mil.
Net Income was 円3,146 Mil.

Revenue was 円170,907 Mil.
Gross Profit was 円10,071 Mil.
Average Total Assets from the begining of last year (Nov23)
to the end of last year (Nov24) was (72038 + 81435) / 2 = 円76736.5 Mil.
Total Assets at the begining of last year (Nov23) was 円72,038 Mil.
Long-Term Debt & Capital Lease Obligation was 円8,293 Mil.
Total Current Assets was 円75,826 Mil.
Total Current Liabilities was 円44,455 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.

Lacto Japan Co's current Net Income (TTM) was 4,317. ==> 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.

Lacto Japan Co's current Cash Flow from Operations (TTM) was -268. ==> 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 (Nov24)
=4317/81435
=0.0530116

ROA (Last Year)=Net Income/Total Assets (Nov23)
=3146/72038
=0.0436714

Lacto Japan Co's return on assets of this year was 0.0530116. Lacto Japan Co's return on assets of last year was 0.0436714. ==> 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.

Lacto Japan Co's current Net Income (TTM) was 4,317. Lacto Japan Co's current Cash Flow from Operations (TTM) was -268. ==> -268 <= 4,317 ==> 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: Nov25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov24 to Nov25
=7659/85822
=0.08924285

Gearing (Last Year: Nov24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov23 to Nov24
=8293/76736.5
=0.10807113

Lacto Japan Co's gearing of this year was 0.08924285. Lacto Japan Co's gearing of last year was 0.10807113. ==> 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: Nov25)=Total Current Assets/Total Current Liabilities
=83151/48800
=1.70391393

Current Ratio (Last Year: Nov24)=Total Current Assets/Total Current Liabilities
=75826/44455
=1.7056799

Lacto Japan Co's current ratio of this year was 1.70391393. Lacto Japan Co's current ratio of last year was 1.7056799. ==> 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.

Lacto Japan Co's number of shares in issue this year was 9.994. Lacto Japan Co's number of shares in issue last year was 10. ==> 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
=12288/182816
=0.06721512

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10071/170907
=0.05892678

Lacto Japan Co's gross margin of this year was 0.06721512. Lacto Japan Co's gross margin of last year was 0.05892678. ==> 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 (Nov24)
=182816/81435
=2.24493154

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov23)
=170907/72038
=2.3724562

Lacto Japan Co's asset turnover of this year was 2.24493154. Lacto Japan Co's asset turnover of last year was 2.3724562. ==> 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+0+1+0+1+0+1+1+0
=5

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

Lacto Japan Co has an F-score of 5 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 5 mean?
Lacto Japan Co (TSE:3139) has a Piotroski F-Score of 5 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lacto Japan Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Lacto Japan Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Lacto Japan Co ranks #922 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 48.2%.
Is Lacto Japan Co's Piotroski F-Score too high?
Lacto Japan Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Lacto Japan Co's value of 5 is 0% at this industry median. Based on the distribution chart, Lacto Japan Co ranks #922 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lacto Japan Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lacto Japan Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lacto Japan Co ranks #922 out of 1912 companies for Piotroski F-Score. This puts Lacto Japan Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Lacto Japan Co's value of 5 is 0% at this benchmark. Historically, Lacto Japan Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Lacto Japan 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 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. Lacto Japan Co's current Piotroski F-Score of 5 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 Lacto Japan 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. Lacto Japan Co's current Piotroski F-Score is 5, which is near 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 Lacto Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Lacto Japan Co (TSE:3139) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,782.31, compared to a current price of 円3,515.00 — trading 97.2% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Lacto Japan Co's overall GF Score™ is 72/100 with 4 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 Lacto Japan Co (TSE:3139), the current Piotroski F-Score is 5 as of Jul. 16, 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 Lacto Japan Co (TSE:3139) Overvalued in 2026?

Based on GuruFocus' analysis, Lacto Japan Co stock appears to be overvalued. The current stock price of 円3,515.00 is trading 97.2% above its estimated GF Value™ of 円1,782.31. GuruFocus considers Lacto Japan Co to be Significantly Overvalued.

Key valuation signals for TSE:3139:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円1,782.31 vs. price of 円3,515.00 (97.2% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#922 of 1912)

No single metric tells the full story. See the TSE:3139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lacto Japan Co Business Description

Address 2-11-2 Nihonbashi, Chuo-ku, 22nd Floor Taiyo Life Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0027
Lacto Japan Co Ltd is engaged in the trade of agricultural and livestock products, processed products, food processing machinery, quasi-pharmaceuticals, liquor, and other beverages. The group's only reportable segment is the food business.
72GF Score

Get the complete analysis for TSE:3139

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

円3,515.00
Price
円1,782.31
GF Value