Park24 Co (TSE:4666) Piotroski F-Score: 6 (As of Jun. 28, 2026) — Near Median


TSE:4666 Park24 Co Ltd TSE:4666
72 GF Score
Price 円2,066.00
GF Value 円1,857.63
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Park24 Co Piotroski F-Score?

Park24 Co TSE:4666 +0.41% 72 Piotroski F-Score is 6 as of Jun. 28, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:4666 with a GF Score™ of 72/100 and a GF Value™ of 円1,857.63 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,729 Construction companies, Park24 Co ranks better than 74.09% 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

Park24 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 Park24 Co's Piotroski F-Score or its related term are showing as below:

TSE:4666' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Park24 Co was 9. The lowest was 3. And the median was 6.

Park24 Co  (TSE:4666) 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.


Park24 Co Piotroski F-Score Related Terms


Park24 Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Park24 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.

Park24 Co Piotroski F-Score Chart

Park24 Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 7.00 9.00 5.00

Park24 Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.00 6.00 5.00 6.00 6.00

Park24 Co Piotroski F-Score Competitor Comparison

For the Infrastructure Operations subindustry, Park24 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.


Park24 Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Park24 Co's Piotroski F-Score falls into.


TSE:4666
72GF Score
Park24 Co Ltd TSE:4666
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 4975 + 5961 + 5806 + 0 = 円16,742 Mil.
Cash Flow from Operations was 7998 + 26086 + 9471 + 0 = 円43,555 Mil.
Revenue was 102521 + 110253 + 106549 + 0 = 円319,323 Mil.
Gross Profit was 26100 + 30036 + 27063 + 0 = 円83,199 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(306381 + 309212 + 354376 + 311109 + 344247) / 5 = 円325065 Mil.
Total Assets at the begining of this year (Apr25) was 円306,381 Mil.
Long-Term Debt & Capital Lease Obligation was 円105,679 Mil.
Total Current Assets was 円95,265 Mil.
Total Current Liabilities was 円115,523 Mil.
Net Income was 5646 + 3970 + 5176 + -195 = 円14,597 Mil.

Revenue was 94341 + 100697 + 97267 + 96127 = 円388,432 Mil.
Gross Profit was 25767 + 30251 + 25465 + 22642 = 円104,125 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(310816 + 295824 + 295701 + 295758 + 306381) / 5 = 円300896 Mil.
Total Assets at the begining of last year (Apr24) was 円310,816 Mil.
Long-Term Debt & Capital Lease Obligation was 円123,585 Mil.
Total Current Assets was 円115,192 Mil.
Total Current Liabilities was 円82,211 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.

Park24 Co's current Net Income (TTM) was 16,742. ==> 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.

Park24 Co's current Cash Flow from Operations (TTM) was 43,555. ==> 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 (Apr25)
=16742/306381
=0.05464438

ROA (Last Year)=Net Income/Total Assets (Apr24)
=14597/310816
=0.04696348

Park24 Co's return on assets of this year was 0.05464438. Park24 Co's return on assets of last year was 0.04696348. ==> 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.

Park24 Co's current Net Income (TTM) was 16,742. Park24 Co's current Cash Flow from Operations (TTM) was 43,555. ==> 43,555 > 16,742 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=105679/325065
=0.32510113

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=123585/300896
=0.41072331

Park24 Co's gearing of this year was 0.32510113. Park24 Co's gearing of last year was 0.41072331. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=95265/115523
=0.82464098

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=115192/82211
=1.40117503

Park24 Co's current ratio of this year was 0.82464098. Park24 Co's current ratio of last year was 1.40117503. ==> 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.

Park24 Co's number of shares in issue this year was 185.067. Park24 Co's number of shares in issue last year was 186.694. ==> 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
=83199/319323
=0.2605481

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=104125/388432
=0.26806494

Park24 Co's gross margin of this year was 0.2605481. Park24 Co's gross margin of last year was 0.26806494. ==> 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 (Apr25)
=319323/306381
=1.04224152

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=388432/310816
=1.24971687

Park24 Co's asset turnover of this year was 1.04224152. Park24 Co's asset turnover of last year was 1.24971687. ==> 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+1+1+1+0+1+0+0
=6

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

Park24 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?
Park24 Co (TSE:4666) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Park24 Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Park24 Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Park24 Co ranks #448 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Park24 Co's Piotroski F-Score too high?
Park24 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 3.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Park24 Co's value of 6 is 20% above this industry median. Based on the distribution chart, Park24 Co ranks #448 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Park24 Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Park24 Co's Piotroski F-Score compare to competitors?
According to the Construction industry distribution chart, Park24 Co ranks #448 out of 1729 companies for Piotroski F-Score. This puts Park24 Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Park24 Co's value of 6 is 20% above this benchmark. Historically, Park24 Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Park24 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Park24 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 Park24 Co and its competitors. For the Construction 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. Park24 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 Park24 Co stock overvalued right now?
Based on GuruFocus' analysis, Park24 Co (TSE:4666) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,857.63, compared to a current price of 円2,066.00 — trading 11.2% 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 Construction industry median of 5.00. Park24 Co's overall GF Score™ is 72/100 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 Park24 Co (TSE:4666), the current Piotroski F-Score is 6 as of Jun. 28, 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 Park24 Co (TSE:4666) Overvalued in 2026?

Based on GuruFocus' analysis, Park24 Co stock appears to be overvalued. The current stock price of 円2,066.00 is trading 11.2% above its estimated GF Value™ of 円1,857.63. GuruFocus considers Park24 Co to be Modestly Overvalued.

Key valuation signals for TSE:4666:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円1,857.63 vs. price of 円2,066.00 (11.2% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 20% above the Construction median (#448 of 1729)

No single metric tells the full story. See the TSE:4666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Park24 Co Business Description

Other Exchanges PKCOY:USA5FJ:Germany
Address 2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into three segments: Parking Business Japan, Parking Business International, and Mobility Business. The parking business, which contributes the majority of revenue, operates fully automated parking facilities and related services. The Parking business in the international segment provides Parking facility management overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While the company operates in Japan, Taiwan, and South Korea, the company earns the majority of its revenue domestically.
72GF Score

Get the complete analysis for TSE:4666

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

円2,066.00
Price
円1,857.63
GF Value