Meiko Network Japan Co (TSE:4668) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 40% Above Median


TSE:4668 Meiko Network Japan Co Ltd TSE:4668
87 GF Score
Price 円684.00
GF Value 円827.84
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Meiko Network Japan Co Piotroski F-Score?

Meiko Network Japan Co TSE:4668 +0.29% 87 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:4668 with a GF Score™ of 87/100 and a GF Value™ of 円827.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 254 Education companies, Meiko Network Japan Co ranks better than 87.8% 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

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

TSE:4668' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Meiko Network Japan Co was 8. The lowest was 3. And the median was 5.

Meiko Network Japan Co  (TSE:4668) 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.


Meiko Network Japan Co Piotroski F-Score Related Terms


Meiko Network Japan Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Meiko Network Japan 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.

Meiko Network Japan Co Piotroski F-Score Chart

Meiko Network Japan Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 3.00 5.00 4.00 7.00

Meiko Network Japan Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 4.00 0.00 7.00 0.00

TSE:4668 vs EDU, TAL, GHC: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Meiko Network Japan 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.


Meiko Network Japan Co Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's Piotroski F-Score distribution charts can be found below:

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


TSE:4668
87GF Score
Meiko Network Japan Co Ltd TSE:4668
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 (Aug25) TTM:Last Year (Aug24) TTM:
Net Income was 円1,727 Mil.
Cash Flow from Operations was 円1,734 Mil.
Revenue was 円24,827 Mil.
Gross Profit was 円6,287 Mil.
Average Total Assets from the begining of this year (Aug24)
to the end of this year (Aug25) was (16240 + 19150) / 2 = 円17695 Mil.
Total Assets at the begining of this year (Aug24) was 円16,240 Mil.
Long-Term Debt & Capital Lease Obligation was 円20 Mil.
Total Current Assets was 円12,210 Mil.
Total Current Liabilities was 円5,512 Mil.
Net Income was 円489 Mil.

Revenue was 円22,579 Mil.
Gross Profit was 円5,265 Mil.
Average Total Assets from the begining of last year (Aug23)
to the end of last year (Aug24) was (15811 + 16240) / 2 = 円16025.5 Mil.
Total Assets at the begining of last year (Aug23) was 円15,811 Mil.
Long-Term Debt & Capital Lease Obligation was 円21 Mil.
Total Current Assets was 円10,536 Mil.
Total Current Liabilities was 円4,480 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.

Meiko Network Japan Co's current Net Income (TTM) was 1,727. ==> 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.

Meiko Network Japan Co's current Cash Flow from Operations (TTM) was 1,734. ==> 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 (Aug24)
=1727/16240
=0.10634236

ROA (Last Year)=Net Income/Total Assets (Aug23)
=489/15811
=0.03092784

Meiko Network Japan Co's return on assets of this year was 0.10634236. Meiko Network Japan Co's return on assets of last year was 0.03092784. ==> 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.

Meiko Network Japan Co's current Net Income (TTM) was 1,727. Meiko Network Japan Co's current Cash Flow from Operations (TTM) was 1,734. ==> 1,734 > 1,727 ==> 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: Aug25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug24 to Aug25
=20/17695
=0.00113026

Gearing (Last Year: Aug24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug23 to Aug24
=21/16025.5
=0.00131041

Meiko Network Japan Co's gearing of this year was 0.00113026. Meiko Network Japan Co's gearing of last year was 0.00131041. ==> 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: Aug25)=Total Current Assets/Total Current Liabilities
=12210/5512
=2.21516691

Current Ratio (Last Year: Aug24)=Total Current Assets/Total Current Liabilities
=10536/4480
=2.35178571

Meiko Network Japan Co's current ratio of this year was 2.21516691. Meiko Network Japan Co's current ratio of last year was 2.35178571. ==> 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.

Meiko Network Japan Co's number of shares in issue this year was 25.241. Meiko Network Japan Co's number of shares in issue last year was 25.209. ==> 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
=6287/24827
=0.25323237

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5265/22579
=0.23318127

Meiko Network Japan Co's gross margin of this year was 0.25323237. Meiko Network Japan Co's gross margin of last year was 0.23318127. ==> 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 (Aug24)
=24827/16240
=1.52875616

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug23)
=22579/15811
=1.42805642

Meiko Network Japan Co's asset turnover of this year was 1.52875616. Meiko Network Japan Co's asset turnover of last year was 1.42805642. ==> 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

Meiko Network Japan 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?
Meiko Network Japan Co (TSE:4668) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Meiko Network Japan Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Meiko Network Japan Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Meiko Network Japan Co ranks #31 out of 254 companies in the Education industry, placing it in the top 12.2%.
Is Meiko Network Japan Co's Piotroski F-Score too high?
Meiko Network Japan 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 3.00 to a high of 8.00. The Education industry median Piotroski F-Score is 5.00. Meiko Network Japan Co's value of 7 is 40% above this industry median. Based on the distribution chart, Meiko Network Japan Co ranks #31 out of 254 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Meiko Network Japan Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Network Japan Co's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Meiko Network Japan Co ranks #31 out of 254 companies for Piotroski F-Score. This places Meiko Network Japan Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Meiko Network Japan Co's value of 7 is 40% above this benchmark. Historically, Meiko Network Japan Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Meiko Network Japan 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 Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 254 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. Meiko Network Japan 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 Meiko Network Japan Co and its competitors. For the Education 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. Meiko Network Japan 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 Meiko Network Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Network Japan Co (TSE:4668) is currently considered Modestly Undervalued. The stock's GF Value™ is 円827.84, compared to a current price of 円684.00 — trading 17.4% 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 Education industry median of 5.00. Meiko Network Japan Co's overall GF Score™ is 87/100 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 Meiko Network Japan Co (TSE:4668), the current Piotroski F-Score is 7 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 Meiko Network Japan Co (TSE:4668) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Network Japan Co stock appears to be undervalued. The current stock price of 円684.00 is trading 17.4% below its estimated GF Value™ of 円827.84. GuruFocus considers Meiko Network Japan Co to be Modestly Undervalued.

Key valuation signals for TSE:4668:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円827.84 vs. price of 円684.00 (17.4% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 40% above the Education median (#31 of 254)

No single metric tells the full story. See the TSE:4668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Network Japan Co Business Description

Address 7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.
87GF Score

Get the complete analysis for TSE:4668

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

円684.00
Price
円827.84
GF Value