Kyowa Leather Cloth Co (TSE:3553) Piotroski F-Score: 7 (As of Jun. 28, 2026) — Near Median


TSE:3553 Kyowa Leather Cloth Co Ltd TSE:3553
69 GF Score
Price 円854.00
GF Value 円839.58
Valuation Fairly Valued
! 6 Warning Signs
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What is Kyowa Leather Cloth Co Piotroski F-Score?

Kyowa Leather Cloth Co TSE:3553 +1.30% 69 Piotroski F-Score is 7 as of Jun. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:3553 with a GF Score™ of 69/100 and a GF Value™ of 円839.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,567 Chemicals companies, Kyowa Leather Cloth Co ranks better than 90.36% 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

Kyowa Leather Cloth 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 Kyowa Leather Cloth Co's Piotroski F-Score or its related term are showing as below:

TSE:3553' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Kyowa Leather Cloth Co was 8. The lowest was 6. And the median was 7.

Kyowa Leather Cloth Co  (TSE:3553) 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.


Kyowa Leather Cloth Co Piotroski F-Score Related Terms


Kyowa Leather Cloth Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kyowa Leather Cloth 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.

Kyowa Leather Cloth Co Piotroski F-Score Chart

Kyowa Leather Cloth 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 6.00 8.00 6.00 7.00

Kyowa Leather Cloth Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.00 0.00 0.00 0.00 7.00

TSE:3553 vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Kyowa Leather Cloth 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.


Kyowa Leather Cloth Co Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kyowa Leather Cloth Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Kyowa Leather Cloth Co's Piotroski F-Score falls into.


TSE:3553
69GF Score
Kyowa Leather Cloth Co Ltd TSE:3553
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655 Mil.
Cash Flow from Operations was 円799 Mil.
Revenue was 円55,816 Mil.
Gross Profit was 円9,202 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (59471 + 57463) / 2 = 円58467 Mil.
Total Assets at the begining of this year (Mar25) was 円59,471 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円30,672 Mil.
Total Current Liabilities was 円17,112 Mil.
Net Income was 円1,100 Mil.

Revenue was 円56,397 Mil.
Gross Profit was 円10,072 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (60653 + 59471) / 2 = 円60062 Mil.
Total Assets at the begining of last year (Mar24) was 円60,653 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円34,111 Mil.
Total Current Liabilities was 円19,651 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.

Kyowa Leather Cloth Co's current Net Income (TTM) was 655. ==> 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.

Kyowa Leather Cloth Co's current Cash Flow from Operations (TTM) was 799. ==> 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)
=655/59471
=0.01101377

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1100/60653
=0.01813595

Kyowa Leather Cloth Co's return on assets of this year was 0.01101377. Kyowa Leather Cloth Co's return on assets of last year was 0.01813595. ==> 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.

Kyowa Leather Cloth Co's current Net Income (TTM) was 655. Kyowa Leather Cloth Co's current Cash Flow from Operations (TTM) was 799. ==> 799 > 655 ==> 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
=0/58467
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/60062
=0

Kyowa Leather Cloth Co's gearing of this year was 0. Kyowa Leather Cloth Co's gearing of last year was 0. ==> 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
=30672/17112
=1.79242637

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=34111/19651
=1.73584042

Kyowa Leather Cloth Co's current ratio of this year was 1.79242637. Kyowa Leather Cloth Co's current ratio of last year was 1.73584042. ==> 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.

Kyowa Leather Cloth Co's number of shares in issue this year was 23.83. Kyowa Leather Cloth Co's number of shares in issue last year was 23.875. ==> 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
=9202/55816
=0.16486312

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10072/56397
=0.17859106

Kyowa Leather Cloth Co's gross margin of this year was 0.16486312. Kyowa Leather Cloth Co's gross margin of last year was 0.17859106. ==> 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 (Mar25)
=55816/59471
=0.93854147

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=56397/60653
=0.92983035

Kyowa Leather Cloth Co's asset turnover of this year was 0.93854147. Kyowa Leather Cloth Co's asset turnover of last year was 0.92983035. ==> 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+1+0+1
=7

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

Kyowa Leather Cloth 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?
Kyowa Leather Cloth Co (TSE:3553) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kyowa Leather Cloth Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Kyowa Leather Cloth Co's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Kyowa Leather Cloth Co ranks #151 out of 1567 companies in the Chemicals industry, placing it in the top 9.6%.
Is Kyowa Leather Cloth Co's Piotroski F-Score too high?
Kyowa Leather Cloth Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Kyowa Leather Cloth Co's value of 7 is 40% above this industry median. Based on the distribution chart, Kyowa Leather Cloth Co ranks #151 out of 1567 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kyowa Leather Cloth Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Leather Cloth Co's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Kyowa Leather Cloth Co ranks #151 out of 1567 companies for Piotroski F-Score. This places Kyowa Leather Cloth Co in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kyowa Leather Cloth Co's value of 7 is 40% above this benchmark. Historically, Kyowa Leather Cloth Co's own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kyowa Leather Cloth 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,567 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. Kyowa Leather Cloth Co's current Piotroski F-Score of 7 is 40% 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 Kyowa Leather Cloth Co and its competitors. For the Chemicals 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. Kyowa Leather Cloth Co's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Leather Cloth Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Leather Cloth Co (TSE:3553) is currently considered Fairly Valued. The stock's GF Value™ is 円839.58, compared to a current price of 円854.00 — trading 1.7% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Chemicals industry median of 5.00. Kyowa Leather Cloth 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 Kyowa Leather Cloth Co (TSE:3553), the current Piotroski F-Score is 7 as of Jun. 28, 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 Kyowa Leather Cloth Co (TSE:3553) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Leather Cloth Co stock appears to be overvalued. The current stock price of 円854.00 is trading 1.7% above its estimated GF Value™ of 円839.58. GuruFocus considers Kyowa Leather Cloth Co to be Fairly Valued.

Key valuation signals for TSE:3553:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円839.58 vs. price of 円854.00 (1.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 40% above the Chemicals median (#151 of 1567)

No single metric tells the full story. See the TSE:3553 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowa Leather Cloth Co Business Description

Other Exchanges KYOWF:USA
Address 1876 Higashi-machi, Minami-ku, Shizuoka Prefecture, Hamamatsu, JPN, 430-8510
Kyowa Leather Cloth Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing, processing, and sales of various synthetic resin products. It operates in Automotive, Housing and Fashion and lifestyle business divisions. Kyowa offers synthetic leather cover materials for automotive interiors, decorative products like wall covering paper or film, wood paneling for furniture, interior doors and walls, steel laminated decorative film, polyvinyl chloride (PVC) products consisting of handbags, shoes, and accessories.
69GF Score

Get the complete analysis for TSE:3553

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

円854.00
Price
円839.58
GF Value