Sasatoku Printing Co (TSE:3958) Piotroski F-Score: 4 (As of Jul. 22, 2026) — 20% Below Median

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TSE:3958 Sasatoku Printing Co Ltd TSE:3958
13 GF Score
Price 円553.00
! 4 Warning Signs
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What is Sasatoku Printing Co Piotroski F-Score?

Sasatoku Printing Co TSE:3958 +0.55% 13 Piotroski F-Score is 4 as of Jul. 22, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TSE:3958 with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 1,064 Business Services companies, Sasatoku Printing Co ranks worse than 69.64% 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

Sasatoku Printing Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:3958' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 4

During the past 5 years, the highest Piotroski F-Score of Sasatoku Printing Co was 7. The lowest was 4. And the median was 5.

Sasatoku Printing Co  (TSE:3958) 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.


Sasatoku Printing Co Piotroski F-Score Related Terms


Sasatoku Printing Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sasatoku Printing 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.

Sasatoku Printing Co Piotroski F-Score Chart

Sasatoku Printing Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 7.00 5.00 4.00

Sasatoku Printing Co Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 4.00 0.00 0.00 0.00

TSE:3958 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Sasatoku Printing 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.


Sasatoku Printing Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Sasatoku Printing Co's Piotroski F-Score distribution charts can be found below:

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


TSE:3958
13GF Score
Sasatoku Printing Co Ltd TSE:3958
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was 円246 Mil.
Cash Flow from Operations was 円57 Mil.
Revenue was 円12,556 Mil.
Gross Profit was 円2,453 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (15414.307 + 14008.998) / 2 = 円14711.6525 Mil.
Total Assets at the begining of this year (Jun24) was 円15,414 Mil.
Long-Term Debt & Capital Lease Obligation was 円223 Mil.
Total Current Assets was 円5,123 Mil.
Total Current Liabilities was 円3,633 Mil.
Net Income was 円397 Mil.

Revenue was 円12,953 Mil.
Gross Profit was 円2,595 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (14811.42 + 15414.307) / 2 = 円15112.8635 Mil.
Total Assets at the begining of last year (Jun23) was 円14,811 Mil.
Long-Term Debt & Capital Lease Obligation was 円354 Mil.
Total Current Assets was 円6,191 Mil.
Total Current Liabilities was 円4,447 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.

Sasatoku Printing Co's current Net Income (TTM) was 246. ==> 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.

Sasatoku Printing Co's current Cash Flow from Operations (TTM) was 57. ==> 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 (Jun24)
=246.097/15414.307
=0.01596549

ROA (Last Year)=Net Income/Total Assets (Jun23)
=396.673/14811.42
=0.02678156

Sasatoku Printing Co's return on assets of this year was 0.01596549. Sasatoku Printing Co's return on assets of last year was 0.02678156. ==> 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.

Sasatoku Printing Co's current Net Income (TTM) was 246. Sasatoku Printing Co's current Cash Flow from Operations (TTM) was 57. ==> 57 <= 246 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=223.01/14711.6525
=0.01515873

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=354.189/15112.8635
=0.02343626

Sasatoku Printing Co's gearing of this year was 0.01515873. Sasatoku Printing Co's gearing of last year was 0.02343626. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=5122.741/3632.818
=1.41012872

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=6191.462/4447.46
=1.39213439

Sasatoku Printing Co's current ratio of this year was 1.41012872. Sasatoku Printing Co's current ratio of last year was 1.39213439. ==> 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.

Sasatoku Printing Co's number of shares in issue this year was 5.686. Sasatoku Printing Co's number of shares in issue last year was 5.565. ==> 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
=2453.232/12555.556
=0.19539015

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2595.416/12953.184
=0.20036896

Sasatoku Printing Co's gross margin of this year was 0.19539015. Sasatoku Printing Co's gross margin of last year was 0.20036896. ==> 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 (Jun24)
=12555.556/15414.307
=0.81453912

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=12953.184/14811.42
=0.87454032

Sasatoku Printing Co's asset turnover of this year was 0.81453912. Sasatoku Printing Co's asset turnover of last year was 0.87454032. ==> 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+0+0+1+1+0+0+0
=4

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

Sasatoku Printing Co has an F-score of 4 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 4 mean?
Sasatoku Printing Co (TSE:3958) has a Piotroski F-Score of 4 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sasatoku Printing Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Sasatoku Printing Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sasatoku Printing Co ranks #741 out of 1064 companies in the Business Services industry, placing it in the top 69.6%.
Is Sasatoku Printing Co's Piotroski F-Score too high?
Sasatoku Printing Co's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Sasatoku Printing Co's value of 4 is 20% below this industry median. Based on the distribution chart, Sasatoku Printing Co ranks #741 out of 1064 companies in the Business Services industry, which is below the industry midpoint. Overall, Sasatoku Printing Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Sasatoku Printing Co's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sasatoku Printing Co ranks #741 out of 1064 companies for Piotroski F-Score. This places Sasatoku Printing Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sasatoku Printing Co's value of 4 is 20% below this benchmark. Historically, Sasatoku Printing Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Sasatoku Printing Co has consistently been below 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Sasatoku Printing Co's current Piotroski F-Score of 4 is 20% below 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 Sasatoku Printing Co and its competitors. For the Business Services 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. Sasatoku Printing Co's current Piotroski F-Score is 4, which is 20% below 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 Sasatoku Printing Co stock overvalued right now?
Sasatoku Printing Co (TSE:3958) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Business Services industry median of 5.00. Sasatoku Printing Co's overall GF Score™ is 13/100 with 4 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 Sasatoku Printing Co (TSE:3958), the current Piotroski F-Score is 4 as of Jul. 22, 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.

Sasatoku Printing Co Business Description

Address 7 Owaki, Sakae-cho, Toyoake-shi, Aichi, JPN, 470?1196
Sasatoku Printing Co Ltd is engaged in Plate making, printing, processing and sales of paper and packaging materials. Planning, editing, production and sales of publications and advertising media.
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