Muromachi Chemicals (TSE:4885) Piotroski F-Score: 5 (As of Jul. 09, 2026) — 17% Below Median


What is Muromachi Chemicals Piotroski F-Score?

Muromachi Chemicals TSE:4885 +0.86% Piotroski F-Score is 5 as of Jul. 09, 2026, which is 17% below its 10-year median of 6.00. The stock has 4 warning signs investors should review. Among 1,562 Chemicals companies, Muromachi Chemicals ranks better than 55.25% 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

Muromachi Chemicals has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

TSE:4885' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 5

During the past 7 years, the highest Piotroski F-Score of Muromachi Chemicals was 7. The lowest was 5. And the median was 6.

Muromachi Chemicals  (TSE:4885) 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.


Muromachi Chemicals Piotroski F-Score Related Terms


Muromachi Chemicals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Muromachi Chemicals'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.

Muromachi Chemicals Piotroski F-Score Chart

Muromachi Chemicals Annual Data
Trend May19 May20 May21 May22 May23 May24 May25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 6.00 6.00 6.00 5.00

Muromachi Chemicals Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 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 5.00 0.00 0.00 0.00

TSE:4885 vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Muromachi Chemicals'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.


Muromachi Chemicals Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Muromachi Chemicals's Piotroski F-Score distribution charts can be found below:

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


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 (May25) TTM:Last Year (May24) TTM:
Net Income was 円241 Mil.
Cash Flow from Operations was 円216 Mil.
Revenue was 円6,653 Mil.
Gross Profit was 円1,960 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was (5059.267 + 5264.574) / 2 = 円5161.9205 Mil.
Total Assets at the begining of this year (May24) was 円5,059 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,243 Mil.
Total Current Assets was 円3,609 Mil.
Total Current Liabilities was 円1,455 Mil.
Net Income was 円330 Mil.

Revenue was 円6,369 Mil.
Gross Profit was 円1,855 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was (4948.311 + 5059.267) / 2 = 円5003.789 Mil.
Total Assets at the begining of last year (May23) was 円4,948 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,103 Mil.
Total Current Assets was 円3,481 Mil.
Total Current Liabilities was 円1,593 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.

Muromachi Chemicals's current Net Income (TTM) was 241. ==> 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.

Muromachi Chemicals's current Cash Flow from Operations (TTM) was 216. ==> 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 (May24)
=241.277/5059.267
=0.04769011

ROA (Last Year)=Net Income/Total Assets (May23)
=330.197/4948.311
=0.06672923

Muromachi Chemicals's return on assets of this year was 0.04769011. Muromachi Chemicals's return on assets of last year was 0.06672923. ==> 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.

Muromachi Chemicals's current Net Income (TTM) was 241. Muromachi Chemicals's current Cash Flow from Operations (TTM) was 216. ==> 216 <= 241 ==> 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: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=1242.636/5161.9205
=0.24073133

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=1102.654/5003.789
=0.22036381

Muromachi Chemicals's gearing of this year was 0.24073133. Muromachi Chemicals's gearing of last year was 0.22036381. ==> Last year is lower than this year ==> Score 0.

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: May25)=Total Current Assets/Total Current Liabilities
=3608.522/1455.333
=2.47951637

Current Ratio (Last Year: May24)=Total Current Assets/Total Current Liabilities
=3480.521/1592.921
=2.18499285

Muromachi Chemicals's current ratio of this year was 2.47951637. Muromachi Chemicals's current ratio of last year was 2.18499285. ==> 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.

Muromachi Chemicals's number of shares in issue this year was 4.056. Muromachi Chemicals's number of shares in issue last year was 4.034. ==> 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
=1960.317/6653.027
=0.29465039

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1854.811/6369.097
=0.2912204

Muromachi Chemicals's gross margin of this year was 0.29465039. Muromachi Chemicals's gross margin of last year was 0.2912204. ==> 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 (May24)
=6653.027/5059.267
=1.31501797

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=6369.097/4948.311
=1.28712545

Muromachi Chemicals's asset turnover of this year was 1.31501797. Muromachi Chemicals's asset turnover of last year was 1.28712545. ==> 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+0+1+0+1+1
=5

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

Muromachi Chemicals has an F-score of 5 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 5 mean?
Muromachi Chemicals (TSE:4885) has a Piotroski F-Score of 5 as of Jul. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Muromachi Chemicals and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Muromachi Chemicals' Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Muromachi Chemicals ranks #699 out of 1562 companies in the Chemicals industry, placing it in the top 44.8%.
Is Muromachi Chemicals' Piotroski F-Score too high?
Muromachi Chemicals' current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Muromachi Chemicals' value of 5 is 0% at this industry median. Based on the distribution chart, Muromachi Chemicals ranks #699 out of 1562 companies in the Chemicals industry, which is above the industry midpoint.
How does Muromachi Chemicals' Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Muromachi Chemicals ranks #699 out of 1562 companies for Piotroski F-Score. This puts Muromachi Chemicals in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Muromachi Chemicals' value of 5 is 0% at this benchmark. Historically, Muromachi Chemicals' own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Muromachi Chemicals has consistently been at 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,562 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. Muromachi Chemicals's current Piotroski F-Score of 5 is 0% at 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 Muromachi Chemicals and its competitors. For the Chemicals 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. Muromachi Chemicals's current Piotroski F-Score is 5, which is 17% below 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 Muromachi Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Muromachi Chemicals (TSE:4885) is currently considered Fairly Valued. The stock's GF Value™ is 円931.86, compared to a current price of 円934.00 — trading 0.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Chemicals industry median of 5.00. 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 Muromachi Chemicals (TSE:4885), the current Piotroski F-Score is 5 as of Jul. 09, 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.

Muromachi Chemicals Business Description

Address 38-5 Shinshotachicho 1-chome, Omuta, Fukuoka, JPN, 836-0895
Muromachi Chemicals Inc is engaged in the production and distribution of pharmaceuticals, planning, production, and distribution of health foods, and distribution and processing of ion-exchange resin products. The Company has three reportable segments based on business type: Pharmaceuticals Business, Health Food Business, and Chemicals Business.