Minkabu The Infonoid Co (TSE:4436) Piotroski F-Score: 7 (As of Jul. 13, 2026) — 40% Above Median


TSE:4436 Minkabu The Infonoid Co Ltd TSE:4436
68 GF Score
Price 円465.00
GF Value 円739.55
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Minkabu The Infonoid Co Piotroski F-Score?

Minkabu The Infonoid Co TSE:4436 +1.53% 68 Piotroski F-Score is 7 as of Jul. 13, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:4436 with a GF Score™ of 68/100 and a GF Value™ of 円739.55 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 550 Interactive Media companies, Minkabu The Infonoid Co ranks better than 89.82% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Minkabu The Infonoid Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:4436' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 7

During the past 10 years, the highest Piotroski F-Score of Minkabu The Infonoid Co was 8. The lowest was 2. And the median was 5.

Minkabu The Infonoid Co  (TSE:4436) 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.


Minkabu The Infonoid Co Piotroski F-Score Related Terms


Minkabu The Infonoid Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Minkabu The Infonoid 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.

Minkabu The Infonoid Co Piotroski F-Score Chart

Minkabu The Infonoid Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 5.00 2.00 7.00

Minkabu The Infonoid Co Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 2.00 0.00 7.00

TSE:4436 vs GOOGL, META, SPOT: Piotroski F-Score Comparison

For the Internet Content & Information subindustry, Minkabu The Infonoid 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.


Minkabu The Infonoid Co Piotroski F-Score vs Interactive Media Industry

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

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


TSE:4436
68GF Score
Minkabu The Infonoid Co Ltd TSE:4436
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743 Mil.
Cash Flow from Operations was 円1,066 Mil.
Revenue was 円8,781 Mil.
Gross Profit was 円3,928 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (9982.387 + 9996.904) / 2 = 円9989.6455 Mil.
Total Assets at the begining of this year (Mar25) was 円9,982 Mil.
Long-Term Debt & Capital Lease Obligation was 円20 Mil.
Total Current Assets was 円2,452 Mil.
Total Current Liabilities was 円8,196 Mil.
Net Income was 円-5,526 Mil.

Revenue was 円10,549 Mil.
Gross Profit was 円2,887 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (14838.864 + 9982.387) / 2 = 円12410.6255 Mil.
Total Assets at the begining of last year (Mar24) was 円14,839 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,793 Mil.
Total Current Assets was 円2,039 Mil.
Total Current Liabilities was 円4,376 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.

Minkabu The Infonoid Co's current Net Income (TTM) was 743. ==> 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.

Minkabu The Infonoid Co's current Cash Flow from Operations (TTM) was 1,066. ==> 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)
=742.891/9982.387
=0.07442018

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-5525.955/14838.864
=-0.37239744

Minkabu The Infonoid Co's return on assets of this year was 0.07442018. Minkabu The Infonoid Co's return on assets of last year was -0.37239744. ==> 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.

Minkabu The Infonoid Co's current Net Income (TTM) was 743. Minkabu The Infonoid Co's current Cash Flow from Operations (TTM) was 1,066. ==> 1,066 > 743 ==> 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
=19.832/9989.6455
=0.00198526

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4792.5/12410.6255
=0.38616104

Minkabu The Infonoid Co's gearing of this year was 0.00198526. Minkabu The Infonoid Co's gearing of last year was 0.38616104. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2451.614/8195.795
=0.29913071

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2039.279/4376.183
=0.46599491

Minkabu The Infonoid Co's current ratio of this year was 0.29913071. Minkabu The Infonoid Co's current ratio of last year was 0.46599491. ==> 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.

Minkabu The Infonoid Co's number of shares in issue this year was 15.244. Minkabu The Infonoid Co's number of shares in issue last year was 14.984. ==> 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
=3928.238/8780.577
=0.44737812

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2887.041/10548.91
=0.27368145

Minkabu The Infonoid Co's gross margin of this year was 0.44737812. Minkabu The Infonoid Co's gross margin of last year was 0.27368145. ==> 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)
=8780.577/9982.387
=0.87960695

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=10548.91/14838.864
=0.71089741

Minkabu The Infonoid Co's asset turnover of this year was 0.87960695. Minkabu The Infonoid Co's asset turnover of last year was 0.71089741. ==> 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+1+0+0+1+1
=7

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

Minkabu The Infonoid Co has an F-score of 7. 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 7 mean?
Minkabu The Infonoid Co (TSE:4436) has a Piotroski F-Score of 7 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Minkabu The Infonoid Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Minkabu The Infonoid Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Minkabu The Infonoid Co ranks #56 out of 550 companies in the Interactive Media industry, placing it in the top 10.2%.
Is Minkabu The Infonoid Co's Piotroski F-Score too high?
Minkabu The Infonoid Co's current Piotroski F-Score of 7 is 40% 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. Minkabu The Infonoid Co's value of 7 is 40% above this industry median. Based on the distribution chart, Minkabu The Infonoid Co ranks #56 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Minkabu The Infonoid Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Minkabu The Infonoid Co's Piotroski F-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Minkabu The Infonoid Co ranks #56 out of 550 companies for Piotroski F-Score. This places Minkabu The Infonoid Co in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Minkabu The Infonoid Co's value of 7 is 40% above this benchmark. Historically, Minkabu The Infonoid 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, Minkabu The Infonoid 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. Minkabu The Infonoid Co's current Piotroski F-Score of 7 is 40% 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 Minkabu The Infonoid 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. Minkabu The Infonoid Co's current Piotroski F-Score is 7, which is 40% 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 Minkabu The Infonoid Co stock overvalued right now?
Based on GuruFocus' analysis, Minkabu The Infonoid Co (TSE:4436) is currently considered Possible Value Trap. The stock's GF Value™ is 円739.55, compared to a current price of 円465.00 — trading 37.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Interactive Media industry median of 5.00. Minkabu The Infonoid Co's overall GF Score™ is 68/100 with 11 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 Minkabu The Infonoid Co (TSE:4436), the current Piotroski F-Score is 7 as of Jul. 13, 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 Minkabu The Infonoid Co (TSE:4436) Overvalued in 2026?

Based on GuruFocus' analysis, Minkabu The Infonoid Co stock appears to be undervalued. The current stock price of 円465.00 is trading 37.1% below its estimated GF Value™ of 円739.55. GuruFocus considers Minkabu The Infonoid Co to be Possible Value Trap.

Key valuation signals for TSE:4436:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円739.55 vs. price of 円465.00 (37.1% below fair value)
  • GF Score™: 68/100 with 11 warning signs
  • Industry Position: 40% above the Interactive Media median (#56 of 550)

No single metric tells the full story. See the TSE:4436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minkabu The Infonoid Co Business Description

Address 1-9-1 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-0021
Minkabu The Infonoid Co Ltd is engaged in the media and information solution services business. It operates through two primary segments: the Media Business and the Solutions Business. The Media Business centers on the Livedoor platform, offering both user- and professionally generated content through services such as Livedoor Blog, Livedoor News, MINKABU, and specialized media like Kstyle and MINKABU Choice. It earns revenue from advertising, paid services, and contracted production. The Solutions Business provides information solutions for financial institutions, including systems built with proprietary APIs and applications. It also manages Kabutan, a stock information service, generating income from setup fees, system development, and subscription-based services.
68GF Score

Get the complete analysis for TSE:4436

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

円465.00
Price
円739.55
GF Value