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Nichireki Group CoTSE:5011 -0.84%65 Piotroski F-Score is 5 as of Jul. 21, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:5011 with a GF Score™ of 65/100 and a GF Value™ of 円2,495.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,729 Construction companies, Nichireki Group Co ranks better than 52.81% 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
Nichireki Group Co 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 Nichireki Group Co's Piotroski F-Score or its related term are showing as below:
TSE:5011'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Nichireki Group Co was 8. The lowest was 5. And the median was 6.
Nichireki Group Co (TSE:5011) 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.
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.
Nichireki Group Co Piotroski F-Score Related Terms
Nichireki Group Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nichireki Group 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.
TSE:5011 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Nichireki Group 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.
Nichireki Group Co Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Nichireki Group Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nichireki Group Co's Piotroski F-Score falls into.
* 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.
*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.
Nichireki Group Co's current Net Income (TTM) was 4,293.
==> 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.
Nichireki Group Co's return on assets of this year was 0.03820483. Nichireki Group Co's return on assets of last year was 0.05098113.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nichireki Group Co's gearing of this year was 0.12705492. Nichireki Group Co's gearing of last year was 0.15773491.
==> 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
Nichireki Group Co's current ratio of this year was 2.05133892. Nichireki Group Co's current ratio of last year was 3.4700495.
==> 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.
Nichireki Group Co's number of shares in issue this year was 28.455. Nichireki Group Co's number of shares in issue last year was 29.329.
==> 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.
Nichireki Group Co's gross margin of this year was 0.2357059. Nichireki Group Co's gross margin of last year was 0.2288996.
==> 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
Nichireki Group Co's asset turnover of this year was 0.67504094. Nichireki Group Co's asset turnover of last year was 0.79652765.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nichireki Group Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Nichireki Group Co (TSE:5011) has a Piotroski F-Score of 5 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nichireki Group Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Nichireki Group Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Nichireki Group Co ranks #816 out of 1729 companies in the Construction industry, placing it in the top 47.2%.
Is Nichireki Group Co's Piotroski F-Score too high?
Nichireki Group Co's 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 8.00. The Construction industry median Piotroski F-Score is 5.00. Nichireki Group Co's value of 5 is 0% at this industry median. Based on the distribution chart, Nichireki Group Co ranks #816 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Nichireki Group Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nichireki Group Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Nichireki Group Co ranks #816 out of 1729 companies for Piotroski F-Score. This puts Nichireki Group Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nichireki Group Co's value of 5 is 0% at this benchmark. Historically, Nichireki Group Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Nichireki Group Co 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 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. Nichireki Group Co'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 Nichireki Group 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. Nichireki Group Co'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 Nichireki Group Co stock overvalued right now?
Based on GuruFocus' analysis, Nichireki Group Co (TSE:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,495.53, compared to a current price of 円2,129.00 — trading 14.7% below 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 Construction industry median of 5.00. Nichireki Group Co's overall GF Score™ is 65/100 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 Nichireki Group Co (TSE:5011), the current Piotroski F-Score is 5 as of Jul. 21, 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 Nichireki Group Co (TSE:5011) Overvalued in 2026?
Based on GuruFocus' analysis, Nichireki Group Co stock appears to be undervalued.
The current stock price of 円2,129.00 is trading 14.7% below its estimated GF Value™ of 円2,495.53.
GuruFocus considers Nichireki Group Co to be Modestly Undervalued.
Key valuation signals for TSE:5011:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: 円2,495.53 vs. price of 円2,129.00 (14.7% below fair value)
Industry Position: 0% at the Construction median (#816 of 1729)
No single metric tells the full story. See the TSE:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichireki Group Co Ltd manufactures and sells asphalt application processed products such as asphalt emulsions, modified asphalt, bridge deck waterproofing materials, road surface repair materials, crack repair materials, landscaping paving materials, and industrial products, as well as manufactures, process, and sell construction and civil engineering materials.
65GF Score
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