Sanwayuka Industry (TSE:4125) Piotroski F-Score: 6 (As of Jul. 16, 2026) — Near Median

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TSE:4125 Sanwayuka Industry Corp TSE:4125
78 GF Score
Price 円3,545.00
GF Value 円3,163.10
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sanwayuka Industry Piotroski F-Score?

Sanwayuka Industry TSE:4125 +7.26% 78 Piotroski F-Score is 6 as of Jul. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:4125 with a GF Score™ of 78/100 and a GF Value™ of 円3,163.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 237 Waste Management companies, Sanwayuka Industry ranks better than 74.26% 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

Sanwayuka Industry 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 Sanwayuka Industry's Piotroski F-Score or its related term are showing as below:

TSE:4125' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 6

During the past 7 years, the highest Piotroski F-Score of Sanwayuka Industry was 7. The lowest was 5. And the median was 6.

Sanwayuka Industry  (TSE:4125) 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.


Sanwayuka Industry Piotroski F-Score Related Terms


Sanwayuka Industry Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sanwayuka Industry'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.

Sanwayuka Industry Piotroski F-Score Chart

Sanwayuka Industry Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 7.00 5.00 6.00 7.00 6.00

Sanwayuka Industry Semi-Annual Data
Mar20 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 6.00 0.00 7.00 0.00 6.00

TSE:4125 vs WM, RSG, WCN: Piotroski F-Score Comparison

For the Waste Management subindustry, Sanwayuka Industry'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.


Sanwayuka Industry Piotroski F-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Sanwayuka Industry's Piotroski F-Score distribution charts can be found below:

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


TSE:4125
78GF Score
Sanwayuka Industry Corp TSE:4125
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 円1,072 Mil.
Cash Flow from Operations was 円1,945 Mil.
Revenue was 円20,263 Mil.
Gross Profit was 円5,753 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (20636.579 + 26024.224) / 2 = 円23330.4015 Mil.
Total Assets at the begining of this year (Mar25) was 円20,637 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,549 Mil.
Total Current Assets was 円7,794 Mil.
Total Current Liabilities was 円5,572 Mil.
Net Income was 円591 Mil.

Revenue was 円16,040 Mil.
Gross Profit was 円4,504 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (21122.645 + 20636.579) / 2 = 円20879.612 Mil.
Total Assets at the begining of last year (Mar24) was 円21,123 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,743 Mil.
Total Current Assets was 円6,078 Mil.
Total Current Liabilities was 円4,174 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.

Sanwayuka Industry's current Net Income (TTM) was 1,072. ==> 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.

Sanwayuka Industry's current Cash Flow from Operations (TTM) was 1,945. ==> 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 (Mar25)
=1071.958/20636.579
=0.05194456

ROA (Last Year)=Net Income/Total Assets (Mar24)
=591.472/21122.645
=0.0280018

Sanwayuka Industry's return on assets of this year was 0.05194456. Sanwayuka Industry's return on assets of last year was 0.0280018. ==> 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.

Sanwayuka Industry's current Net Income (TTM) was 1,072. Sanwayuka Industry's current Cash Flow from Operations (TTM) was 1,945. ==> 1,945 > 1,072 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=6549.104/23330.4015
=0.28071116

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3743.084/20879.612
=0.17926981

Sanwayuka Industry's gearing of this year was 0.28071116. Sanwayuka Industry's gearing of last year was 0.17926981. ==> Last year is lower than this year ==> Score 0.

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: Mar26)=Total Current Assets/Total Current Liabilities
=7794.389/5572.459
=1.3987342

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6077.525/4174.105
=1.45600674

Sanwayuka Industry's current ratio of this year was 1.3987342. Sanwayuka Industry's current ratio of last year was 1.45600674. ==> 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.

Sanwayuka Industry's number of shares in issue this year was 4.32. Sanwayuka Industry's number of shares in issue last year was 4.318. ==> 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
=5752.759/20263.153
=0.28390246

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4504.149/16040.49
=0.28079872

Sanwayuka Industry's gross margin of this year was 0.28390246. Sanwayuka Industry's gross margin of last year was 0.28079872. ==> 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 (Mar25)
=20263.153/20636.579
=0.98190466

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=16040.49/21122.645
=0.75939779

Sanwayuka Industry's asset turnover of this year was 0.98190466. Sanwayuka Industry's asset turnover of last year was 0.75939779. ==> 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+1+0+0+0+1+1
=6

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

Sanwayuka Industry 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?
Sanwayuka Industry (TSE:4125) has a Piotroski F-Score of 6 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sanwayuka Industry and its competitors. This is near median its historical median of 6.00. Over the past decade, Sanwayuka Industry's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Sanwayuka Industry ranks #61 out of 237 companies in the Waste Management industry, placing it in the top 25.7%.
Is Sanwayuka Industry's Piotroski F-Score too high?
Sanwayuka Industry's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Waste Management industry median Piotroski F-Score is 5.00. Sanwayuka Industry's value of 6 is 20% above this industry median. Based on the distribution chart, Sanwayuka Industry ranks #61 out of 237 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sanwayuka Industry has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanwayuka Industry's Piotroski F-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Sanwayuka Industry ranks #61 out of 237 companies for Piotroski F-Score. This puts Sanwayuka Industry in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sanwayuka Industry's value of 6 is 20% above this benchmark. Historically, Sanwayuka Industry's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sanwayuka Industry 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 Waste Management company?
The median Piotroski F-Score among Waste Management companies is 5.00, based on 237 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. Sanwayuka Industry'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 Sanwayuka Industry and its competitors. For the Waste Management 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. Sanwayuka Industry's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanwayuka Industry stock overvalued right now?
Based on GuruFocus' analysis, Sanwayuka Industry (TSE:4125) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,163.10, compared to a current price of 円3,545.00 — trading 12.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Waste Management industry median of 5.00. Sanwayuka Industry's overall GF Score™ is 78/100 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 Sanwayuka Industry (TSE:4125), the current Piotroski F-Score is 6 as of Jul. 16, 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 Sanwayuka Industry (TSE:4125) Overvalued in 2026?

Based on GuruFocus' analysis, Sanwayuka Industry stock appears to be overvalued. The current stock price of 円3,545.00 is trading 12.1% above its estimated GF Value™ of 円3,163.10. GuruFocus considers Sanwayuka Industry to be Modestly Overvalued.

Key valuation signals for TSE:4125:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円3,163.10 vs. price of 円3,545.00 (12.1% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 20% above the Waste Management median (#61 of 237)

No single metric tells the full story. See the TSE:4125 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanwayuka Industry Business Description

Address 15 Fukada, Ichiriyamacho, Aichi Prefecture, Kariya, JPN, 448-0002
Sanwayuka Industry Corp is engaged in the manufacturing and sale of chemicals and oil products, collecting industrial waste after use, and provides intermediate disposal and recycling services. It mainly operates in five business areas: reuse, recycling, chemical, automotive, and engineering. The reuse business, which is the company's primary source of revenue, collects industrial waste like used solvents, acids, and metals from factories. This waste is processed at the company's facilities and then turned into recycled products, which are either reused for their original purpose or used to make things like paint, cleaning supplies, or surface treatment materials. The firm operates in a single segment, the Environment-related business.
78GF Score

Get the complete analysis for TSE:4125

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

円3,545.00
Price
円3,163.10
GF Value