MIT Holdings CoTSE:4016 +0.45%74 Piotroski F-Score is 4 as of Jun. 29, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TSE:4016 with a GF Score™ of 74/100 and a GF Value™ of 円792.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,743 Software companies, MIT Holdings Co ranks worse than 60.12% 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
MIT Holdings 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 MIT Holdings Co's Piotroski F-Score or its related term are showing as below:
TSE:4016'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 8
Current: 4
During the past 8 years, the highest Piotroski F-Score of MIT Holdings Co was 8. The lowest was 4. And the median was 5.
MIT Holdings Co (TSE:4016) 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.
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.
MIT Holdings Co Piotroski F-Score Related Terms
MIT Holdings Co Piotroski F-Score Historical Data
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The historical data trend for MIT Holdings 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.
TSE:4016 vs IBM, ACN, FISV: Piotroski F-Score Comparison
For the Information Technology Services subindustry, MIT Holdings 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.
MIT Holdings Co Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, MIT Holdings Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MIT Holdings Co's Piotroski F-Score falls into.
* 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.
*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.
MIT Holdings Co's current Net Income (TTM) was 95.
==> 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.
MIT Holdings Co's return on assets of this year was 0.03883531. MIT Holdings Co's return on assets of last year was 0.05480338.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
MIT Holdings Co's gearing of this year was 0.17495422. MIT Holdings Co's gearing of last year was 0.31062284.
==> 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
MIT Holdings Co's current ratio of this year was 1.57956683. MIT Holdings Co's current ratio of last year was 1.77389309.
==> 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.
MIT Holdings Co's number of shares in issue this year was 2.029. MIT Holdings Co's number of shares in issue last year was 2.025.
==> 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.
MIT Holdings Co's gross margin of this year was 0.21454461. MIT Holdings Co's gross margin of last year was 0.22441192.
==> 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
MIT Holdings Co's asset turnover of this year was 2.09517357. MIT Holdings Co's asset turnover of last year was 2.30414406.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
MIT Holdings Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
MIT Holdings Co (TSE:4016) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MIT Holdings Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, MIT Holdings Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, MIT Holdings Co ranks #1649 out of 2743 companies in the Software industry, placing it in the top 60.1%.
Is MIT Holdings Co's Piotroski F-Score too high?
MIT Holdings 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 8.00. The Software industry median Piotroski F-Score is 5.00. MIT Holdings Co's value of 4 is 20% below this industry median. Based on the distribution chart, MIT Holdings Co ranks #1649 out of 2743 companies in the Software industry, which is below the industry midpoint. Overall, MIT Holdings Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIT Holdings Co's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, MIT Holdings Co ranks #1649 out of 2743 companies for Piotroski F-Score. This places MIT Holdings Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. MIT Holdings Co's value of 4 is 20% below this benchmark. Historically, MIT Holdings Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, MIT Holdings 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. MIT Holdings 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 MIT Holdings Co and its competitors. For the Software 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. MIT Holdings 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 MIT Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, MIT Holdings Co (TSE:4016) is currently considered Modestly Overvalued. The stock's GF Value™ is 円792.36, compared to a current price of 円887.00 — trading 11.9% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Software industry median of 5.00. MIT Holdings Co's overall GF Score™ is 74/100 with 2 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 MIT Holdings Co (TSE:4016), the current Piotroski F-Score is 4 as of Jun. 29, 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 MIT Holdings Co (TSE:4016) Overvalued in 2026?
Based on GuruFocus' analysis, MIT Holdings Co stock appears to be overvalued.
The current stock price of 円887.00 is trading 11.9% above its estimated GF Value™ of 円792.36.
GuruFocus considers MIT Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:4016:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: 円792.36 vs. price of 円887.00 (11.9% above fair value)
Industry Position: 20% below the Software median (#1649 of 2743)
No single metric tells the full story. See the TSE:4016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation, and maintenance, infrastructure construction, and solution services such as digital books, CAD, and face recognition.
74GF Score
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