Infroneer HoldingsTSE:5076 +0.26%49 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates TSE:5076 with a GF Score™ of 49/100 and a GF Value™ of 円1,886.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,735 Construction companies, Infroneer Holdings ranks better than 89.39% 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
Infroneer Holdings 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 Infroneer Holdings's Piotroski F-Score or its related term are showing as below:
TSE:5076'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 7
Current: 7
During the past 5 years, the highest Piotroski F-Score of Infroneer Holdings was 7. The lowest was 4. And the median was 4.
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.
Infroneer Holdings Piotroski F-Score Related Terms
Infroneer Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Infroneer Holdings'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:5076 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Infroneer Holdings'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.
Infroneer Holdings Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Infroneer Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Infroneer Holdings'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.
Infroneer Holdings's current Net Income (TTM) was 76,573.
==> 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.
Infroneer Holdings's return on assets of this year was 0.0527821. Infroneer Holdings's return on assets of last year was 0.02298099.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Infroneer Holdings's gearing of this year was 0.2549234. Infroneer Holdings's gearing of last year was 0.24940357.
==> 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
Infroneer Holdings's current ratio of this year was 1.40267452. Infroneer Holdings's current ratio of last year was 1.33258593.
==> 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.
Infroneer Holdings's number of shares in issue this year was 296.691. Infroneer Holdings's number of shares in issue last year was 291.668.
==> 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.
Infroneer Holdings's gross margin of this year was 0.14576336. Infroneer Holdings's gross margin of last year was 0.13629199.
==> 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
Infroneer Holdings's asset turnover of this year was 0.77538329. Infroneer Holdings's asset turnover of last year was 0.60086051.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Infroneer Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Infroneer Holdings (TSE:5076) 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 Infroneer Holdings and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Infroneer Holdings' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Infroneer Holdings ranks #184 out of 1735 companies in the Construction industry, placing it in the top 10.6%.
Is Infroneer Holdings' Piotroski F-Score too high?
Infroneer Holdings' current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Infroneer Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, Infroneer Holdings ranks #184 out of 1735 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Infroneer Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infroneer Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Infroneer Holdings ranks #184 out of 1735 companies for Piotroski F-Score. This places Infroneer Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Infroneer Holdings' value of 7 is 40% above this benchmark. Historically, Infroneer Holdings' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Infroneer Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Infroneer Holdings'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 Infroneer Holdings 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. Infroneer Holdings's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infroneer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Infroneer Holdings (TSE:5076) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,886.93, compared to a current price of 円2,711.00 — trading 43.7% above its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Construction industry median of 5.00. Infroneer Holdings' overall GF Score™ is 49/100 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 Infroneer Holdings (TSE:5076), 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 Infroneer Holdings (TSE:5076) Overvalued in 2026?
Based on GuruFocus' analysis, Infroneer Holdings stock appears to be overvalued.
The current stock price of 円2,711.00 is trading 43.7% above its estimated GF Value™ of 円1,886.93.
GuruFocus considers Infroneer Holdings to be Significantly Overvalued.
Key valuation signals for TSE:5076:
Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
GF Value™: 円1,886.93 vs. price of 円2,711.00 (43.7% above fair value)
Industry Position: 40% above the Construction median (#184 of 1735)
No single metric tells the full story. See the TSE:5076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Infroneer Holdings Inc is a Japan-based company engaged in construction and infrastructure-related businesses. The company operates through five segments: the Construction Business, which handles construction work for apartment complexes, factories, and logistics facilities; the Civil Engineering Business, which focuses on bridges, tunnels, and related projects; the Paving Business, which conducts paving work and manufactures asphalt mixtures; the Machinery Business, which involves the sale and rental of construction machinery; and the Infrastructure Operation Business, which is engaged in concession projects and renewable energy-related operations including the development, maintenance, and management of public infrastructure. It generates majority of revenue from Construction segment.
49GF Score
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