Edia Co (TSE:3935) Piotroski F-Score: 8 (As of Jul. 12, 2026) — 60% Above Median


TSE:3935 Edia Co Ltd TSE:3935
72 GF Score
Price 円734.00
GF Value 円798.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Edia Co Piotroski F-Score?

Edia Co TSE:3935 -0.68% 72 Piotroski F-Score is 8 as of Jul. 12, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates TSE:3935 with a GF Score™ of 72/100 and a GF Value™ of 円798.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 550 Interactive Media companies, Edia Co ranks better than 97.64% on this metric.

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

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

TSE:3935' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 8

During the past 12 years, the highest Piotroski F-Score of Edia Co was 8. The lowest was 2. And the median was 5.

Edia Co  (TSE:3935) 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.


Edia Co Piotroski F-Score Related Terms


Edia Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Edia 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.

Edia Co Piotroski F-Score Chart

Edia Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 5.00 6.00 8.00

Edia Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 8.00

TSE:3935 vs NTES, EA, TTWO: Piotroski F-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Edia 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.


Edia Co Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Edia Co's Piotroski F-Score distribution charts can be found below:

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


TSE:3935
72GF Score
Edia Co Ltd TSE:3935
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円476 Mil.
Cash Flow from Operations was 円258 Mil.
Revenue was 円4,660 Mil.
Gross Profit was 円2,781 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (2997.553 + 2786.054) / 2 = 円2891.8035 Mil.
Total Assets at the begining of this year (Feb25) was 円2,998 Mil.
Long-Term Debt & Capital Lease Obligation was 円375 Mil.
Total Current Assets was 円2,397 Mil.
Total Current Liabilities was 円775 Mil.
Net Income was 円234 Mil.

Revenue was 円3,607 Mil.
Gross Profit was 円2,087 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (2401.643 + 2997.553) / 2 = 円2699.598 Mil.
Total Assets at the begining of last year (Feb24) was 円2,402 Mil.
Long-Term Debt & Capital Lease Obligation was 円490 Mil.
Total Current Assets was 円2,700 Mil.
Total Current Liabilities was 円1,135 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.

Edia Co's current Net Income (TTM) was 476. ==> 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.

Edia Co's current Cash Flow from Operations (TTM) was 258. ==> 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 (Feb25)
=476.251/2997.553
=0.15887993

ROA (Last Year)=Net Income/Total Assets (Feb24)
=234.016/2401.643
=0.09743996

Edia Co's return on assets of this year was 0.15887993. Edia Co's return on assets of last year was 0.09743996. ==> 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.

Edia Co's current Net Income (TTM) was 476. Edia Co's current Cash Flow from Operations (TTM) was 258. ==> 258 <= 476 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=375/2891.8035
=0.12967686

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=489.637/2699.598
=0.18137404

Edia Co's gearing of this year was 0.12967686. Edia Co's gearing of last year was 0.18137404. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=2397.015/774.969
=3.0930463

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=2700.488/1135.087
=2.37910222

Edia Co's current ratio of this year was 3.0930463. Edia Co's current ratio of last year was 2.37910222. ==> 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.

Edia Co's number of shares in issue this year was 6.496. Edia Co's number of shares in issue last year was 7.209. ==> 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
=2780.959/4659.72
=0.59680818

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2086.702/3607.053
=0.57850605

Edia Co's gross margin of this year was 0.59680818. Edia Co's gross margin of last year was 0.57850605. ==> 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 (Feb25)
=4659.72/2997.553
=1.55450796

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=3607.053/2401.643
=1.50191057

Edia Co's asset turnover of this year was 1.55450796. Edia Co's asset turnover of last year was 1.50191057. ==> 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+1+1+1+1
=8

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

Edia Co has an F-score of 8. 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 8 mean?
Edia Co (TSE:3935) has a Piotroski F-Score of 8 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Edia Co and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Edia Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Edia Co ranks #13 out of 550 companies in the Interactive Media industry, placing it in the top 2.4%.
Is Edia Co's Piotroski F-Score too high?
Edia Co's current Piotroski F-Score of 8 is 60% 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 8.00. The Interactive Media industry median Piotroski F-Score is 5.00. Edia Co's value of 8 is 60% above this industry median. Based on the distribution chart, Edia Co ranks #13 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Edia Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edia Co's Piotroski F-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Edia Co ranks #13 out of 550 companies for Piotroski F-Score. This places Edia Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Edia Co's value of 8 is 60% above this benchmark. Historically, Edia Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Edia 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 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. Edia Co's current Piotroski F-Score of 8 is 60% 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 Edia Co and its competitors. For the Interactive Media 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. Edia Co's current Piotroski F-Score is 8, which is 60% 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 Edia Co stock overvalued right now?
Based on GuruFocus' analysis, Edia Co (TSE:3935) is currently considered Fairly Valued. The stock's GF Value™ is 円798.98, compared to a current price of 円734.00 — trading 8.1% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Interactive Media industry median of 5.00. Edia Co's overall GF Score™ is 72/100 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 Edia Co (TSE:3935), the current Piotroski F-Score is 8 as of Jul. 12, 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 Edia Co (TSE:3935) Overvalued in 2026?

Based on GuruFocus' analysis, Edia Co stock appears to be undervalued. The current stock price of 円734.00 is trading 8.1% below its estimated GF Value™ of 円798.98. GuruFocus considers Edia Co to be Fairly Valued.

Key valuation signals for TSE:3935:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: 円798.98 vs. price of 円734.00 (8.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 60% above the Interactive Media median (#13 of 550)

No single metric tells the full story. See the TSE:3935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Edia Co Business Description

Address Hitotsubashi, Chiyoda-ku, 2-4-3 Hikaribun Kosan building, 7th Floor, Tokyo, JPN, 101-0003
Edia Co Ltd is a specialized content provider. It is engaged in the planning, development, and management of game and digital contents for mobile. It provides solutions for mobile phones, smartphones, portable game machines, and portable navigation systems.
72GF Score

Get the complete analysis for TSE:3935

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

円734.00
Price
円798.98
GF Value