Welcia Holdings Co (TSE:3141) Piotroski F-Score: 6 (As of Jul. 14, 2026) — 20% Above Median

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TSE:3141 Welcia Holdings Co Ltd TSE:3141
69 GF Score
Price 円3,160.00
GF Value 円2,735.16
! 6 Warning Signs
View Full Analysis

What is Welcia Holdings Co Piotroski F-Score?

Welcia Holdings Co TSE:3141 -2.86% 69 Piotroski F-Score is 6 as of Jul. 14, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:3141 with a GF Score™ of 69/100 and a GF Value™ of 円2,735.16. The stock has 6 warning signs investors should review.

The zones of discrimination were as such:

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

Welcia Holdings Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

TSE:3141' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Welcia Holdings Co was 7. The lowest was 2. And the median was 5.

Welcia Holdings Co  (TSE:3141) 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.


Welcia Holdings Co Piotroski F-Score Related Terms


Welcia Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Welcia 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.

Welcia Holdings Co Piotroski F-Score Chart

Welcia Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 5.00 6.00 6.00

Welcia Holdings Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25
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 6.00 0.00 0.00

Welcia Holdings Co Piotroski F-Score Competitor Comparison

For the Pharmaceutical Retailers subindustry, Welcia 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.


Welcia Holdings Co Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Welcia Holdings Co's Piotroski F-Score distribution charts can be found below:

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


TSE:3141
69GF Score
Welcia Holdings Co Ltd TSE:3141
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 (Feb25) TTM:Last Year (Feb24) TTM:
Net Income was 円14,958 Mil.
Cash Flow from Operations was 円47,845 Mil.
Revenue was 円1,285,005 Mil.
Gross Profit was 円390,356 Mil.
Average Total Assets from the begining of this year (Feb24)
to the end of this year (Feb25) was (551860 + 579985) / 2 = 円565922.5 Mil.
Total Assets at the begining of this year (Feb24) was 円551,860 Mil.
Long-Term Debt & Capital Lease Obligation was 円55,788 Mil.
Total Current Assets was 円280,890 Mil.
Total Current Liabilities was 円236,616 Mil.
Net Income was 円26,451 Mil.

Revenue was 円1,217,339 Mil.
Gross Profit was 円370,107 Mil.
Average Total Assets from the begining of last year (Feb23)
to the end of last year (Feb24) was (537362 + 551860) / 2 = 円544611 Mil.
Total Assets at the begining of last year (Feb23) was 円537,362 Mil.
Long-Term Debt & Capital Lease Obligation was 円59,484 Mil.
Total Current Assets was 円259,601 Mil.
Total Current Liabilities was 円222,481 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.

Welcia Holdings Co's current Net Income (TTM) was 14,958. ==> 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.

Welcia Holdings Co's current Cash Flow from Operations (TTM) was 47,845. ==> 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 (Feb24)
=14958/551860
=0.0271047

ROA (Last Year)=Net Income/Total Assets (Feb23)
=26451/537362
=0.0492238

Welcia Holdings Co's return on assets of this year was 0.0271047. Welcia Holdings Co's return on assets of last year was 0.0492238. ==> 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.

Welcia Holdings Co's current Net Income (TTM) was 14,958. Welcia Holdings Co's current Cash Flow from Operations (TTM) was 47,845. ==> 47,845 > 14,958 ==> 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: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=55788/565922.5
=0.09857887

Gearing (Last Year: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb23 to Feb24
=59484/544611
=0.10922291

Welcia Holdings Co's gearing of this year was 0.09857887. Welcia Holdings Co's gearing of last year was 0.10922291. ==> 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: Feb25)=Total Current Assets/Total Current Liabilities
=280890/236616
=1.1871133

Current Ratio (Last Year: Feb24)=Total Current Assets/Total Current Liabilities
=259601/222481
=1.16684571

Welcia Holdings Co's current ratio of this year was 1.1871133. Welcia Holdings Co's current ratio of last year was 1.16684571. ==> 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.

Welcia Holdings Co's number of shares in issue this year was 207.232. Welcia Holdings Co's number of shares in issue last year was 207.053. ==> 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
=390356/1285005
=0.30377781

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=370107/1217339
=0.30402953

Welcia Holdings Co's gross margin of this year was 0.30377781. Welcia Holdings Co's gross margin of last year was 0.30402953. ==> 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 (Feb24)
=1285005/551860
=2.32849817

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb23)
=1217339/537362
=2.26539837

Welcia Holdings Co's asset turnover of this year was 2.32849817. Welcia Holdings Co's asset turnover of last year was 2.26539837. ==> 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+1+0+0+1
=6

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

Welcia Holdings Co has an F-score of 6 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 6 mean?
Welcia Holdings Co (TSE:3141) has a Piotroski F-Score of 6 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Welcia Holdings Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Welcia Holdings Co's Piotroski F-Score has ranged from 2.00 to 7.00.
Is Welcia Holdings Co's Piotroski F-Score too high?
Welcia Holdings Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Welcia Holdings Co's value of 6 is 20% above this industry median. Overall, Welcia Holdings Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Welcia Holdings Co's Piotroski F-Score compare to competitors?
Welcia Holdings Co's Piotroski F-Score of 6 can be compared against companies in the Healthcare Providers & Services industry. The industry median Piotroski F-Score is 5.00. Welcia Holdings Co's value of 6 is 20% above this benchmark. Historically, Welcia Holdings Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Welcia Holdings 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 652 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. Welcia Holdings Co's current Piotroski F-Score of 6 is 20% 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 Welcia Holdings Co and its competitors. For the Healthcare Providers & Services 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. Welcia Holdings Co's current Piotroski F-Score is 6, which is 20% 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 Welcia Holdings Co stock overvalued right now?
Welcia Holdings Co (TSE:3141) has a current Piotroski F-Score of 6. The stock's GF Value™ is 円2,735.16, compared to a current price of 円3,160.00 — trading 15.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Healthcare Providers & Services industry median of 5.00. Welcia Holdings Co's overall GF Score™ is 69/100 with 6 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 Welcia Holdings Co (TSE:3141), the current Piotroski F-Score is 6 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 Welcia Holdings Co (TSE:3141) Overvalued in 2026?

Based on GuruFocus' analysis, Welcia Holdings Co stock appears to be overvalued. The current stock price of 円3,160.00 is trading 15.5% above its estimated GF Value™ of 円2,735.16.

Key valuation signals for TSE:3141:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円2,735.16 vs. price of 円3,160.00 (15.5% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 20% above the Healthcare Providers & Services median

No single metric tells the full story. See the TSE:3141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welcia Holdings Co Business Description

Address 2-2-15 Outside Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Welcia Holdings Co Ltd operates drug retail stores that sell pharmaceuticals, health and beauty products, baby supplies, health supplements, sanitation items, groceries, and personal-care products. The company generates the bulk of its revenue through sales of over-the-counter drugs and food products. Welcia is involved in pharmaceutical dispensing, blood testing, and earthquake reconstruction assistance. The highest concentration of sales remains in the Kanto region of Japan. Welcia also provides nursing services through its long-term care enterprise.
69GF Score

Get the complete analysis for TSE:3141

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

円3,160.00
Price
円2,735.16
GF Value