OCHI Holdings Co (TSE:3166) Piotroski F-Score: 7 (As of Jul. 24, 2026) — 17% Above Median

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TSE:3166 OCHI Holdings Co Ltd TSE:3166
63 GF Score
Price 円1,414.00
GF Value 円1,451.00
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is OCHI Holdings Co Piotroski F-Score?

OCHI Holdings Co TSE:3166 -0.63% 63 Piotroski F-Score is 7 as of Jul. 24, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:3166 with a GF Score™ of 63/100 and a GF Value™ of 円1,451.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,097 Retail - Cyclical companies, OCHI Holdings Co ranks better than 90.79% 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

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

TSE:3166' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of OCHI Holdings Co was 9. The lowest was 5. And the median was 6.

OCHI Holdings Co  (TSE:3166) 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.


OCHI Holdings Co Piotroski F-Score Related Terms


OCHI Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OCHI 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.

OCHI Holdings Co Piotroski F-Score Chart

OCHI Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 5.00 6.00 7.00

OCHI Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 6.00 0.00 7.00

TSE:3166 vs HD, LOW, FND: Piotroski F-Score Comparison

For the Home Improvement Retail subindustry, OCHI 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.


OCHI Holdings Co Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OCHI Holdings Co's Piotroski F-Score distribution charts can be found below:

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


TSE:3166
63GF Score
OCHI Holdings Co Ltd TSE:3166
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1,309 Mil.
Cash Flow from Operations was 円4,542 Mil.
Revenue was 円120,432 Mil.
Gross Profit was 円17,160 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (70043 + 69181) / 2 = 円69612 Mil.
Total Assets at the begining of this year (Mar25) was 円70,043 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,685 Mil.
Total Current Assets was 円45,273 Mil.
Total Current Liabilities was 円38,452 Mil.
Net Income was 円1,040 Mil.

Revenue was 円117,084 Mil.
Gross Profit was 円16,253 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (66337 + 70043) / 2 = 円68190 Mil.
Total Assets at the begining of last year (Mar24) was 円66,337 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,092 Mil.
Total Current Assets was 円46,142 Mil.
Total Current Liabilities was 円39,356 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.

OCHI Holdings Co's current Net Income (TTM) was 1,309. ==> 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.

OCHI Holdings Co's current Cash Flow from Operations (TTM) was 4,542. ==> 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)
=1309/70043
=0.01868852

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1040/66337
=0.01567753

OCHI Holdings Co's return on assets of this year was 0.01868852. OCHI Holdings Co's return on assets of last year was 0.01567753. ==> 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.

OCHI Holdings Co's current Net Income (TTM) was 1,309. OCHI Holdings Co's current Cash Flow from Operations (TTM) was 4,542. ==> 4,542 > 1,309 ==> 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
=2685/69612
=0.03857094

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4092/68190
=0.0600088

OCHI Holdings Co's gearing of this year was 0.03857094. OCHI Holdings Co's gearing of last year was 0.0600088. ==> 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
=45273/38452
=1.17738999

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=46142/39356
=1.17242606

OCHI Holdings Co's current ratio of this year was 1.17738999. OCHI Holdings Co's current ratio of last year was 1.17242606. ==> 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.

OCHI Holdings Co's number of shares in issue this year was 13.022. OCHI Holdings Co's number of shares in issue last year was 12.979. ==> 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
=17160/120432
=0.14248705

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=16253/117084
=0.13881487

OCHI Holdings Co's gross margin of this year was 0.14248705. OCHI Holdings Co's gross margin of last year was 0.13881487. ==> 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)
=120432/70043
=1.71940094

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=117084/66337
=1.76498786

OCHI Holdings Co's asset turnover of this year was 1.71940094. OCHI Holdings Co's asset turnover of last year was 1.76498786. ==> 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+0+1+0
=7

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

OCHI Holdings 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?
OCHI Holdings Co (TSE:3166) has a Piotroski F-Score of 7 as of Jul. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OCHI Holdings Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, OCHI Holdings Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, OCHI Holdings Co ranks #101 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 9.2%.
Is OCHI Holdings Co's Piotroski F-Score too high?
OCHI Holdings Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. OCHI Holdings Co's value of 7 is 16.7% above this industry median. Based on the distribution chart, OCHI Holdings Co ranks #101 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, OCHI Holdings Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OCHI Holdings Co's Piotroski F-Score compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, OCHI Holdings Co ranks #101 out of 1097 companies for Piotroski F-Score. This places OCHI Holdings Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. OCHI Holdings Co's value of 7 is 16.7% above this benchmark. Historically, OCHI Holdings Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, OCHI 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,097 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. OCHI Holdings Co's current Piotroski F-Score of 7 is 16.7% 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 OCHI Holdings Co and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OCHI Holdings Co's current Piotroski F-Score is 7, which is 17% 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 OCHI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, OCHI Holdings Co (TSE:3166) is currently considered Fairly Valued. The stock's GF Value™ is 円1,451.00, compared to a current price of 円1,414.00 — trading 2.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Retail - Cyclical industry median of 6.00. OCHI Holdings 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 OCHI Holdings Co (TSE:3166), the current Piotroski F-Score is 7 as of Jul. 24, 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 OCHI Holdings Co (TSE:3166) Overvalued in 2026?

Based on GuruFocus' analysis, OCHI Holdings Co stock appears to be undervalued. The current stock price of 円1,414.00 is trading 2.5% below its estimated GF Value™ of 円1,451.00. GuruFocus considers OCHI Holdings Co to be Fairly Valued.

Key valuation signals for TSE:3166:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円1,451.00 vs. price of 円1,414.00 (2.5% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 16.7% above the Retail - Cyclical median (#101 of 1097)

No single metric tells the full story. See the TSE:3166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OCHI Holdings Co Business Description

Address 3-12-20 Nanotsu, Chuo-ku Fukuoka City, Fukuoka, JPN, 810-0071
OCHI Holdings Co Ltd manufactures building materials and provides work supporting services. The company also deals in air conditioners, heating equipment, and wood and timber products.
63GF Score

Get the complete analysis for TSE:3166

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

円1,414.00
Price
円1,451.00
GF Value