Riken Vitamin Co (TSE:4526) Piotroski F-Score: 6 (As of Jul. 17, 2026) — Near Median

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TSE:4526 Riken Vitamin Co Ltd TSE:4526
83 GF Score
Price 円3,145.00
GF Value 円2,863.86
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Riken Vitamin Co Piotroski F-Score?

Riken Vitamin Co TSE:4526 -0.32% 83 Piotroski F-Score is 6 as of Jul. 17, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:4526 with a GF Score™ of 83/100 and a GF Value™ of 円2,863.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, Riken Vitamin Co ranks better than 73.21% 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

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

TSE:4526' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Riken Vitamin Co was 8. The lowest was 4. And the median was 6.

Riken Vitamin Co  (TSE:4526) 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.


Riken Vitamin Co Piotroski F-Score Related Terms


Riken Vitamin Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Riken Vitamin 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.

Riken Vitamin Co Piotroski F-Score Chart

Riken Vitamin 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 5.00 6.00 8.00 5.00 6.00

Riken Vitamin Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 0.00 0.00 6.00

TSE:4526 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Riken Vitamin 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.


Riken Vitamin Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riken Vitamin Co's Piotroski F-Score distribution charts can be found below:

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


TSE:4526
83GF Score
Riken Vitamin Co Ltd TSE:4526
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7,035 Mil.
Cash Flow from Operations was 円5,963 Mil.
Revenue was 円96,300 Mil.
Gross Profit was 円29,767 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (112999 + 116387) / 2 = 円114693 Mil.
Total Assets at the begining of this year (Mar25) was 円112,999 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,200 Mil.
Total Current Assets was 円66,227 Mil.
Total Current Liabilities was 円19,434 Mil.
Net Income was 円9,388 Mil.

Revenue was 円95,582 Mil.
Gross Profit was 円31,270 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (118776 + 112999) / 2 = 円115887.5 Mil.
Total Assets at the begining of last year (Mar24) was 円118,776 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,541 Mil.
Total Current Assets was 円65,699 Mil.
Total Current Liabilities was 円21,129 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.

Riken Vitamin Co's current Net Income (TTM) was 7,035. ==> 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.

Riken Vitamin Co's current Cash Flow from Operations (TTM) was 5,963. ==> 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)
=7035/112999
=0.06225719

ROA (Last Year)=Net Income/Total Assets (Mar24)
=9388/118776
=0.07903954

Riken Vitamin Co's return on assets of this year was 0.06225719. Riken Vitamin Co's return on assets of last year was 0.07903954. ==> 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.

Riken Vitamin Co's current Net Income (TTM) was 7,035. Riken Vitamin Co's current Cash Flow from Operations (TTM) was 5,963. ==> 5,963 <= 7,035 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=5200/114693
=0.04533843

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6541/115887.5
=0.05644267

Riken Vitamin Co's gearing of this year was 0.04533843. Riken Vitamin Co's gearing of last year was 0.05644267. ==> 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
=66227/19434
=3.40779047

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=65699/21129
=3.10942307

Riken Vitamin Co's current ratio of this year was 3.40779047. Riken Vitamin Co's current ratio of last year was 3.10942307. ==> 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.

Riken Vitamin Co's number of shares in issue this year was 29.537. Riken Vitamin Co's number of shares in issue last year was 30.278. ==> 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
=29767/96300
=0.30910696

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=31270/95582
=0.32715365

Riken Vitamin Co's gross margin of this year was 0.30910696. Riken Vitamin Co's gross margin of last year was 0.32715365. ==> 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 (Mar25)
=96300/112999
=0.85221993

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=95582/118776
=0.80472486

Riken Vitamin Co's asset turnover of this year was 0.85221993. Riken Vitamin Co's asset turnover of last year was 0.80472486. ==> 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+0+0+1+1+1+0+1
=6

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

Riken Vitamin Co 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?
Riken Vitamin Co (TSE:4526) has a Piotroski F-Score of 6 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Riken Vitamin Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Riken Vitamin Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Riken Vitamin Co ranks #513 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 26.8%.
Is Riken Vitamin Co's Piotroski F-Score too high?
Riken Vitamin Co'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 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Riken Vitamin Co's value of 6 is 20% above this industry median. Based on the distribution chart, Riken Vitamin Co ranks #513 out of 1915 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Riken Vitamin Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riken Vitamin Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Riken Vitamin Co ranks #513 out of 1915 companies for Piotroski F-Score. This puts Riken Vitamin Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Riken Vitamin Co's value of 6 is 20% above this benchmark. Historically, Riken Vitamin 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 6.00 vs. the industry median of 5.00, Riken Vitamin 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,915 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. Riken Vitamin Co'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 Riken Vitamin Co and its competitors. For the Consumer Packaged Goods 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. Riken Vitamin Co'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 Riken Vitamin Co stock overvalued right now?
Based on GuruFocus' analysis, Riken Vitamin Co (TSE:4526) is currently considered Fairly Valued. The stock's GF Value™ is 円2,863.86, compared to a current price of 円3,145.00 — trading 9.8% 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 Consumer Packaged Goods industry median of 5.00. Riken Vitamin Co's overall GF Score™ is 83/100 with 5 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 Riken Vitamin Co (TSE:4526), the current Piotroski F-Score is 6 as of Jul. 17, 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 Riken Vitamin Co (TSE:4526) Overvalued in 2026?

Based on GuruFocus' analysis, Riken Vitamin Co stock appears to be overvalued. The current stock price of 円3,145.00 is trading 9.8% above its estimated GF Value™ of 円2,863.86. GuruFocus considers Riken Vitamin Co to be Fairly Valued.

Key valuation signals for TSE:4526:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円2,863.86 vs. price of 円3,145.00 (9.8% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#513 of 1915)

No single metric tells the full story. See the TSE:4526 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riken Vitamin Co Business Description

Address 2-9-18 TDC Building, 11th-12th Floor, Chiyoda-ku, Tokyo, JPN, 101-8370
Riken Vitamin Co Ltd is a Japan based animal food manufacturing company. It is a developer and producer of a wide variety of improvers that is broadly used to improve the texture and quality of processed food. It is engaged in consumer and commercial foods, processed food ingredients, food chemicals for industrial uses and Vitamin production and sales. The company's food emulsifiers are used in various applications such as cakes, bread, noodles, ice cream, as well as fat and oil food product. In addition to emulsifiers, Riken Vitamin also provides a range of other food improvers for various purposes according to relevant consumer needs.
83GF Score

Get the complete analysis for TSE:4526

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

円3,145.00
Price
円2,863.86
GF Value