GURUFOCUS.COM » STOCK LIST » Technology » Software » Rakus Co Ltd (TSE:3923) » Definitions » Piotroski F-Score

Rakus Co (TSE:3923) Piotroski F-Score : 8 (As of Jul. 11, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Rakus Co Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, 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

Rakus Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:3923' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 11 years, the highest Piotroski F-Score of Rakus Co was 8. The lowest was 4. And the median was 7.


Rakus Co Piotroski F-Score Historical Data

The historical data trend for Rakus 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.

* Premium members only.

Rakus Co Piotroski F-Score Chart

Rakus Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 4.00 8.00 7.00 8.00

Rakus Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.00 - - - 8.00

Competitive Comparison of Rakus Co's Piotroski F-Score

For the Information Technology Services subindustry, Rakus 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.


Rakus Co's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Rakus Co's Piotroski F-Score distribution charts can be found below:

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


;
;

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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 円8,003 Mil.
Cash Flow from Operations was 円9,006 Mil.
Revenue was 円48,904 Mil.
Gross Profit was 円36,310 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (21234 + 31654) / 2 = 円26444 Mil.
Total Assets at the begining of this year (Mar24) was 円21,234 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円19,296 Mil.
Total Current Liabilities was 円9,462 Mil.
Net Income was 円4,185 Mil.

Revenue was 円38,408 Mil.
Gross Profit was 円27,619 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (14073 + 21234) / 2 = 円17653.5 Mil.
Total Assets at the begining of last year (Mar23) was 円14,073 Mil.
Long-Term Debt & Capital Lease Obligation was 円216 Mil.
Total Current Assets was 円13,145 Mil.
Total Current Liabilities was 円7,372 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.

Rakus Co's current Net Income (TTM) was 8,003. ==> 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.

Rakus Co's current Cash Flow from Operations (TTM) was 9,006. ==> 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 (Mar24)
=8003/21234
=0.37689554

ROA (Last Year)=Net Income/Total Assets (Mar23)
=4185/14073
=0.29737796

Rakus Co's return on assets of this year was 0.37689554. Rakus Co's return on assets of last year was 0.29737796. ==> 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.

Rakus Co's current Net Income (TTM) was 8,003. Rakus Co's current Cash Flow from Operations (TTM) was 9,006. ==> 9,006 > 8,003 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/26444
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=216/17653.5
=0.01223553

Rakus Co's gearing of this year was 0. Rakus Co's gearing of last year was 0.01223553. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=19296/9462
=2.03931516

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=13145/7372
=1.78309821

Rakus Co's current ratio of this year was 2.03931516. Rakus Co's current ratio of last year was 1.78309821. ==> 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.

Rakus Co's number of shares in issue this year was 181.178. Rakus Co's number of shares in issue last year was 181.214. ==> 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
=36310/48904
=0.74247505

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=27619/38408
=0.71909498

Rakus Co's gross margin of this year was 0.74247505. Rakus Co's gross margin of last year was 0.71909498. ==> 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 (Mar24)
=48904/21234
=2.3030988

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=38408/14073
=2.72919775

Rakus Co's asset turnover of this year was 2.3030988. Rakus Co's asset turnover of last year was 2.72919775. ==> 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+1+1+0
=8

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

Rakus Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Rakus Co  (TSE:3923) 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.


Rakus Co Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Rakus Co's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Rakus Co Business Description

Traded in Other Exchanges
N/A
Address
5 - 27 - 11 Sendagaya Shibuya Ward, Aggreg Square Shinjuku 2nd Floor, 3rd Floor, Tokyo, JPN, 151-0051
Rakus Co Ltd provides information technology services in Japan. The Company's services include cloud services and email management software. The cloud services include the development and sales of transportation expenses, mail sharing and unified management system, mail delivery system and others. The dispatch of IT engineers services mainly provides employee dispatching services specializing in IT engineer, providing services includes Java system development, infrastructure construction and operation, and others.

Rakus Co Headlines

No Headlines