Falco Holdings Co (TSE:4671) Piotroski F-Score: 8 (As of Jul. 15, 2026) — 33% Above Median

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TSE:4671 Falco Holdings Co Ltd TSE:4671
71 GF Score
Price 円2,701.00
GF Value 円2,528.47
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Falco Holdings Co Piotroski F-Score?

Falco Holdings Co TSE:4671 +0.78% 71 Piotroski F-Score is 8 as of Jul. 15, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:4671 with a GF Score™ of 71/100 and a GF Value™ of 円2,528.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 208 Medical Diagnostics & Research companies, Falco Holdings Co ranks better than 98.56% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Falco Holdings Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:4671' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

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

Falco Holdings Co  (TSE:4671) 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.


Falco Holdings Co Piotroski F-Score Related Terms


Falco Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Falco Holdings 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.

Falco Holdings Co Piotroski F-Score Chart

Falco Holdings 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 6.00 4.00 5.00 7.00 8.00

Falco Holdings 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 7.00 0.00 0.00 0.00 8.00

TSE:4671 vs TMO, DHR, IDXX: Piotroski F-Score Comparison

For the Diagnostics & Research subindustry, Falco Holdings 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.


Falco Holdings Co Piotroski F-Score vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Falco Holdings Co's Piotroski F-Score distribution charts can be found below:

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


TSE:4671
71GF Score
Falco Holdings Co Ltd TSE:4671
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2,016 Mil.
Cash Flow from Operations was 円2,878 Mil.
Revenue was 円43,578 Mil.
Gross Profit was 円13,811 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (36019 + 36863) / 2 = 円36441 Mil.
Total Assets at the begining of this year (Mar25) was 円36,019 Mil.
Long-Term Debt & Capital Lease Obligation was 円848 Mil.
Total Current Assets was 円18,138 Mil.
Total Current Liabilities was 円7,643 Mil.
Net Income was 円1,920 Mil.

Revenue was 円43,313 Mil.
Gross Profit was 円13,357 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (36425 + 36019) / 2 = 円36222 Mil.
Total Assets at the begining of last year (Mar24) was 円36,425 Mil.
Long-Term Debt & Capital Lease Obligation was 円978 Mil.
Total Current Assets was 円18,228 Mil.
Total Current Liabilities was 円7,432 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.

Falco Holdings Co's current Net Income (TTM) was 2,016. ==> 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.

Falco Holdings Co's current Cash Flow from Operations (TTM) was 2,878. ==> 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)
=2016/36019
=0.05597046

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1920/36425
=0.05271105

Falco Holdings Co's return on assets of this year was 0.05597046. Falco Holdings Co's return on assets of last year was 0.05271105. ==> 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.

Falco Holdings Co's current Net Income (TTM) was 2,016. Falco Holdings Co's current Cash Flow from Operations (TTM) was 2,878. ==> 2,878 > 2,016 ==> 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
=848/36441
=0.02327049

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=978/36222
=0.02700017

Falco Holdings Co's gearing of this year was 0.02327049. Falco Holdings Co's gearing of last year was 0.02700017. ==> 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
=18138/7643
=2.3731519

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=18228/7432
=2.45263724

Falco Holdings Co's current ratio of this year was 2.3731519. Falco Holdings Co's current ratio of last year was 2.45263724. ==> 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.

Falco Holdings Co's number of shares in issue this year was 10.077. Falco Holdings Co's number of shares in issue last year was 10.619. ==> 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
=13811/43578
=0.31692597

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13357/43313
=0.30838316

Falco Holdings Co's gross margin of this year was 0.31692597. Falco Holdings Co's gross margin of last year was 0.30838316. ==> 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)
=43578/36019
=1.20986146

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=43313/36425
=1.18910089

Falco Holdings Co's asset turnover of this year was 1.20986146. Falco Holdings Co's asset turnover of last year was 1.18910089. ==> 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+1+1+1
=8

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

Falco Holdings Co has an F-score of 8. 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 8 mean?
Falco Holdings Co (TSE:4671) has a Piotroski F-Score of 8 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Falco Holdings Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Falco Holdings Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Falco Holdings Co ranks #3 out of 208 companies in the Medical Diagnostics & Research industry, placing it in the top 1.4%.
Is Falco Holdings Co's Piotroski F-Score too high?
Falco Holdings Co's current Piotroski F-Score of 8 is 33% above 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 Medical Diagnostics & Research industry median Piotroski F-Score is 5.00. Falco Holdings Co's value of 8 is 60% above this industry median. Based on the distribution chart, Falco Holdings Co ranks #3 out of 208 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, Falco Holdings Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Falco Holdings Co's Piotroski F-Score compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Falco Holdings Co ranks #3 out of 208 companies for Piotroski F-Score. This places Falco Holdings Co in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Falco Holdings Co's value of 8 is 60% above this benchmark. Historically, Falco Holdings 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, Falco Holdings 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 Medical Diagnostics & Research company?
The median Piotroski F-Score among Medical Diagnostics & Research companies is 5.00, based on 208 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. Falco Holdings Co's current Piotroski F-Score of 8 is 60% 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 Falco Holdings Co and its competitors. For the Medical Diagnostics & Research 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. Falco Holdings Co's current Piotroski F-Score is 8, which is 33% above 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 Falco Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Falco Holdings Co (TSE:4671) is currently considered Fairly Valued. The stock's GF Value™ is 円2,528.47, compared to a current price of 円2,701.00 — trading 6.8% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Medical Diagnostics & Research industry median of 5.00. Falco Holdings Co's overall GF Score™ is 71/100 with 6 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 Falco Holdings Co (TSE:4671), the current Piotroski F-Score is 8 as of Jul. 15, 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 Falco Holdings Co (TSE:4671) Overvalued in 2026?

Based on GuruFocus' analysis, Falco Holdings Co stock appears to be overvalued. The current stock price of 円2,701.00 is trading 6.8% above its estimated GF Value™ of 円2,528.47. GuruFocus considers Falco Holdings Co to be Fairly Valued.

Key valuation signals for TSE:4671:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円2,528.47 vs. price of 円2,701.00 (6.8% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 60% above the Medical Diagnostics & Research median (#3 of 208)

No single metric tells the full story. See the TSE:4671 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Falco Holdings Co Business Description

Address 346 Shimizu-machi, No. 2, Kawaramachi-ku, Nakagyo-ku, Kyoto, JPN, 604-0911
Falco Holdings Co Ltd provides testing services. The company is engaged in providing clinical testing and genetic testing services, testing in clinical research and clinical trials, food sanitation, and environmental testing, and pharmacy business. It also engaged in providing information technology business.
71GF Score

Get the complete analysis for TSE:4671

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

円2,701.00
Price
円2,528.47
GF Value