Renet Japan Group (TSE:3556) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 50% Above Median


TSE:3556 Renet Japan Group Inc TSE:3556
60 GF Score
Price 円725.00
GF Value 円493.86
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Renet Japan Group Piotroski F-Score?

Renet Japan Group TSE:3556 -0.96% 60 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates TSE:3556 with a GF Score™ of 60/100 and a GF Value™ of 円493.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Renet Japan Group ranks better than 73.08% 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

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

TSE:3556' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 6

During the past 12 years, the highest Piotroski F-Score of Renet Japan Group was 6. The lowest was 1. And the median was 4.

Renet Japan Group  (TSE:3556) 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.


Renet Japan Group Piotroski F-Score Related Terms


Renet Japan Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Renet Japan Group'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.

Renet Japan Group Piotroski F-Score Chart

Renet Japan Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 1.00 4.00 6.00

Renet Japan Group 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 0.00 4.00 0.00 6.00 0.00

TSE:3556 vs AMZN, BABA, PDD: Piotroski F-Score Comparison

For the Internet Retail subindustry, Renet Japan Group'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.


Renet Japan Group Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renet Japan Group's Piotroski F-Score distribution charts can be found below:

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


TSE:3556
60GF Score
Renet Japan Group Inc TSE:3556
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 円497 Mil.
Cash Flow from Operations was 円117 Mil.
Revenue was 円10,412 Mil.
Gross Profit was 円7,831 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (8449.837 + 7042.694) / 2 = 円7746.2655 Mil.
Total Assets at the begining of this year (Sep24) was 円8,450 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,488 Mil.
Total Current Assets was 円2,504 Mil.
Total Current Liabilities was 円3,355 Mil.
Net Income was 円-1,883 Mil.

Revenue was 円11,677 Mil.
Gross Profit was 円8,676 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (14785.2 + 8449.837) / 2 = 円11617.5185 Mil.
Total Assets at the begining of last year (Sep23) was 円14,785 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,015 Mil.
Total Current Assets was 円4,051 Mil.
Total Current Liabilities was 円3,913 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.

Renet Japan Group's current Net Income (TTM) was 497. ==> 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.

Renet Japan Group's current Cash Flow from Operations (TTM) was 117. ==> 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 (Sep24)
=497.425/8449.837
=0.058868

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-1882.722/14785.2
=-0.12733828

Renet Japan Group's return on assets of this year was 0.058868. Renet Japan Group's return on assets of last year was -0.12733828. ==> 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.

Renet Japan Group's current Net Income (TTM) was 497. Renet Japan Group's current Cash Flow from Operations (TTM) was 117. ==> 117 <= 497 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=2487.598/7746.2655
=0.32113513

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=4014.654/11617.5185
=0.34556898

Renet Japan Group's gearing of this year was 0.32113513. Renet Japan Group's gearing of last year was 0.34556898. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=2504.408/3354.758
=0.74652419

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=4051.214/3912.935
=1.03533895

Renet Japan Group's current ratio of this year was 0.74652419. Renet Japan Group's current ratio of last year was 1.03533895. ==> 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.

Renet Japan Group's number of shares in issue this year was 14.992. Renet Japan Group's number of shares in issue last year was 12.701. ==> 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
=7830.837/10412.149
=0.75208653

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8675.801/11676.964
=0.74298431

Renet Japan Group's gross margin of this year was 0.75208653. Renet Japan Group's gross margin of last year was 0.74298431. ==> 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 (Sep24)
=10412.149/8449.837
=1.23223075

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=11676.964/14785.2
=0.78977383

Renet Japan Group's asset turnover of this year was 1.23223075. Renet Japan Group's asset turnover of last year was 0.78977383. ==> 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+1+0+1+0+0+1+1
=6

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

Renet Japan Group 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?
Renet Japan Group (TSE:3556) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Renet Japan Group and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Renet Japan Group's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Renet Japan Group ranks #295 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 26.9%.
Is Renet Japan Group's Piotroski F-Score too high?
Renet Japan Group's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Renet Japan Group's value of 6 is 20% above this industry median. Based on the distribution chart, Renet Japan Group ranks #295 out of 1096 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Renet Japan Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renet Japan Group's Piotroski F-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Renet Japan Group ranks #295 out of 1096 companies for Piotroski F-Score. This puts Renet Japan Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Renet Japan Group's value of 6 is 20% above this benchmark. Historically, Renet Japan Group's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Renet Japan Group 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 5.00, based on 1,096 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. Renet Japan Group'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 Renet Japan Group and its competitors. For the Retail - Cyclical 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. Renet Japan Group's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renet Japan Group stock overvalued right now?
Based on GuruFocus' analysis, Renet Japan Group (TSE:3556) is currently considered Significantly Overvalued. The stock's GF Value™ is 円493.86, compared to a current price of 円725.00 — trading 46.8% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Retail - Cyclical industry median of 5.00. Renet Japan Group's overall GF Score™ is 60/100 with 7 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 Renet Japan Group (TSE:3556), the current Piotroski F-Score is 6 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 Renet Japan Group (TSE:3556) Overvalued in 2026?

Based on GuruFocus' analysis, Renet Japan Group stock appears to be overvalued. The current stock price of 円725.00 is trading 46.8% above its estimated GF Value™ of 円493.86. GuruFocus considers Renet Japan Group to be Significantly Overvalued.

Key valuation signals for TSE:3556:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: 円493.86 vs. price of 円725.00 (46.8% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 20% above the Retail - Cyclical median (#295 of 1096)

No single metric tells the full story. See the TSE:3556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renet Japan Group Business Description

Address 3-33 Hiiragiyamacho, Aichi Prefecture, Obu, JPN, 474-0053
Renet Japan Group Inc is engaged in the online recycling business. Its products include books, CD, game software, precious metals, and musical instruments. It has net reuse business and net recycling business.
60GF Score

Get the complete analysis for TSE:3556

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

円725.00
Price
円493.86
GF Value