AXXZIA (TSE:4936) Piotroski F-Score: 6 (As of Jul. 15, 2026) — Near Median

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TSE:4936 AXXZIA Inc TSE:4936
80 GF Score
Price 円352.00
GF Value 円817.96
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is AXXZIA Piotroski F-Score?

AXXZIA TSE:4936 +0.57% 80 Piotroski F-Score is 6 as of Jul. 15, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:4936 with a GF Score™ of 80/100 and a GF Value™ of 円817.96 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, AXXZIA ranks better than 73.14% 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

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

TSE:4936' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 7 years, the highest Piotroski F-Score of AXXZIA was 7. The lowest was 3. And the median was 6.

AXXZIA  (TSE:4936) 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.


AXXZIA Piotroski F-Score Related Terms


AXXZIA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AXXZIA'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.

AXXZIA Piotroski F-Score Chart

AXXZIA Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 3.00 6.00 6.00 6.00

AXXZIA Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 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 0.00 6.00 0.00 0.00 0.00

TSE:4936 vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, AXXZIA'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.


AXXZIA Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


TSE:4936
80GF Score
AXXZIA Inc TSE:4936
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 (Jul25) TTM:Last Year (Jul24) TTM:
Net Income was 円321 Mil.
Cash Flow from Operations was 円782 Mil.
Revenue was 円13,478 Mil.
Gross Profit was 円9,874 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (10543.324 + 9567.617) / 2 = 円10055.4705 Mil.
Total Assets at the begining of this year (Jul24) was 円10,543 Mil.
Long-Term Debt & Capital Lease Obligation was 円168 Mil.
Total Current Assets was 円7,546 Mil.
Total Current Liabilities was 円1,729 Mil.
Net Income was 円794 Mil.

Revenue was 円12,192 Mil.
Gross Profit was 円9,611 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (10701.362 + 10543.324) / 2 = 円10622.343 Mil.
Total Assets at the begining of last year (Jul23) was 円10,701 Mil.
Long-Term Debt & Capital Lease Obligation was 円279 Mil.
Total Current Assets was 円8,632 Mil.
Total Current Liabilities was 円1,685 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.

AXXZIA's current Net Income (TTM) was 321. ==> 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.

AXXZIA's current Cash Flow from Operations (TTM) was 782. ==> 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 (Jul24)
=320.66/10543.324
=0.03041356

ROA (Last Year)=Net Income/Total Assets (Jul23)
=794.348/10701.362
=0.07422868

AXXZIA's return on assets of this year was 0.03041356. AXXZIA's return on assets of last year was 0.07422868. ==> 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.

AXXZIA's current Net Income (TTM) was 321. AXXZIA's current Cash Flow from Operations (TTM) was 782. ==> 782 > 321 ==> 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: Jul25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul24 to Jul25
=168.458/10055.4705
=0.01675287

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=278.73/10622.343
=0.02623997

AXXZIA's gearing of this year was 0.01675287. AXXZIA's gearing of last year was 0.02623997. ==> 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: Jul25)=Total Current Assets/Total Current Liabilities
=7546.195/1728.524
=4.36568714

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=8631.804/1684.804
=5.12332829

AXXZIA's current ratio of this year was 4.36568714. AXXZIA's current ratio of last year was 5.12332829. ==> 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.

AXXZIA's number of shares in issue this year was 23.345. AXXZIA's number of shares in issue last year was 24.823. ==> 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
=9873.505/13478.088
=0.73255977

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9610.556/12192.379
=0.78824289

AXXZIA's gross margin of this year was 0.73255977. AXXZIA's gross margin of last year was 0.78824289. ==> 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 (Jul24)
=13478.088/10543.324
=1.27835282

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=12192.379/10701.362
=1.13932965

AXXZIA's asset turnover of this year was 1.27835282. AXXZIA's asset turnover of last year was 1.13932965. ==> 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+1+1+0+1+0+1
=6

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

AXXZIA 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?
AXXZIA (TSE:4936) has a Piotroski F-Score of 6 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AXXZIA and its competitors. This is near median its historical median of 6.00. Over the past decade, AXXZIA's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, AXXZIA ranks #513 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 26.9%.
Is AXXZIA's Piotroski F-Score too high?
AXXZIA'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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. AXXZIA's value of 6 is 20% above this industry median. Based on the distribution chart, AXXZIA ranks #513 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, AXXZIA has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AXXZIA's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, AXXZIA ranks #513 out of 1910 companies for Piotroski F-Score. This puts AXXZIA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. AXXZIA's value of 6 is 20% above this benchmark. Historically, AXXZIA's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, AXXZIA 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 1,910 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. AXXZIA'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 AXXZIA 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. AXXZIA'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 AXXZIA stock overvalued right now?
Based on GuruFocus' analysis, AXXZIA (TSE:4936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円817.96, compared to a current price of 円352.00 — trading 57% below 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. AXXZIA's overall GF Score™ is 80/100 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 AXXZIA (TSE:4936), the current Piotroski F-Score is 6 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 AXXZIA (TSE:4936) Overvalued in 2026?

Based on GuruFocus' analysis, AXXZIA stock appears to be undervalued. The current stock price of 円352.00 is trading 57% below its estimated GF Value™ of 円817.96. GuruFocus considers AXXZIA to be Significantly Undervalued.

Key valuation signals for TSE:4936:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円817.96 vs. price of 円352.00 (57% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#513 of 1910)

No single metric tells the full story. See the TSE:4936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AXXZIA Business Description

Address 2-6-1 Nishi-Shinjuku, Shinjuku Island Wing 2nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0235
AXXZIA Inc is engaged in the manufacturing and sales of cosmetics and supplements. It offers various products such as Moist Cleansing Milk, Enrich Washing Foam, Moist Lotion, Serum, Gel, Cream, and others. the Group has a single segment, cosmetics.
80GF Score

Get the complete analysis for TSE:4936

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

円352.00
Price
円817.96
GF Value