Ito Yogyo Co (TSE:5287) Piotroski F-Score: 6 (As of Jul. 14, 2026) — Near Median

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TSE:5287 Ito Yogyo Co Ltd TSE:5287
63 GF Score
Price 円814.00
GF Value 円724.86
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Ito Yogyo Co Piotroski F-Score?

Ito Yogyo Co TSE:5287 -0.12% 63 Piotroski F-Score is 6 as of Jul. 14, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:5287 with a GF Score™ of 63/100 and a GF Value™ of 円724.86 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,730 Construction companies, Ito Yogyo Co ranks better than 73.87% 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

Ito Yogyo Co 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 Ito Yogyo Co's Piotroski F-Score or its related term are showing as below:

TSE:5287' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Ito Yogyo Co was 8. The lowest was 3. And the median was 6.

Ito Yogyo Co  (TSE:5287) 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.


Ito Yogyo Co Piotroski F-Score Related Terms


Ito Yogyo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ito Yogyo 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.

Ito Yogyo Co Piotroski F-Score Chart

Ito Yogyo 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 4.00 6.00 3.00 8.00 6.00

Ito Yogyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.00 0.00 8.00 0.00 6.00

TSE:5287 vs TT, JCI, CARR: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Ito Yogyo 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.


Ito Yogyo Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Ito Yogyo Co's Piotroski F-Score distribution charts can be found below:

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


TSE:5287
63GF Score
Ito Yogyo Co Ltd TSE:5287
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321 Mil.
Cash Flow from Operations was 円394 Mil.
Revenue was 円3,934 Mil.
Gross Profit was 円1,299 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5859.705 + 5649.836) / 2 = 円5754.7705 Mil.
Total Assets at the begining of this year (Mar25) was 円5,860 Mil.
Long-Term Debt & Capital Lease Obligation was 円231 Mil.
Total Current Assets was 円2,734 Mil.
Total Current Liabilities was 円1,112 Mil.
Net Income was 円349 Mil.

Revenue was 円3,403 Mil.
Gross Profit was 円1,159 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (6090.972 + 5859.705) / 2 = 円5975.3385 Mil.
Total Assets at the begining of last year (Mar24) was 円6,091 Mil.
Long-Term Debt & Capital Lease Obligation was 円281 Mil.
Total Current Assets was 円2,536 Mil.
Total Current Liabilities was 円1,519 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.

Ito Yogyo Co'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.

Ito Yogyo Co's current Cash Flow from Operations (TTM) was 394. ==> 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)
=320.717/5859.705
=0.05473262

ROA (Last Year)=Net Income/Total Assets (Mar24)
=349.034/6090.972
=0.0573035

Ito Yogyo Co's return on assets of this year was 0.05473262. Ito Yogyo Co's return on assets of last year was 0.0573035. ==> 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.

Ito Yogyo Co's current Net Income (TTM) was 321. Ito Yogyo Co's current Cash Flow from Operations (TTM) was 394. ==> 394 > 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=231.474/5754.7705
=0.04022298

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=280.576/5975.3385
=0.04695567

Ito Yogyo Co's gearing of this year was 0.04022298. Ito Yogyo Co's gearing of last year was 0.04695567. ==> 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
=2733.957/1111.921
=2.4587691

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2535.577/1518.874
=1.66937942

Ito Yogyo Co's current ratio of this year was 2.4587691. Ito Yogyo Co's current ratio of last year was 1.66937942. ==> 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.

Ito Yogyo Co's number of shares in issue this year was 2.952. Ito Yogyo Co's number of shares in issue last year was 2.941. ==> 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
=1299.426/3933.88
=0.33031663

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1158.518/3402.547
=0.34048552

Ito Yogyo Co's gross margin of this year was 0.33031663. Ito Yogyo Co's gross margin of last year was 0.34048552. ==> 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 (Mar25)
=3933.88/5859.705
=0.67134438

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3402.547/6090.972
=0.55862135

Ito Yogyo Co's asset turnover of this year was 0.67134438. Ito Yogyo Co's asset turnover of last year was 0.55862135. ==> 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+1+0+0+1
=6

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

Ito Yogyo Co 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?
Ito Yogyo Co (TSE:5287) has a Piotroski F-Score of 6 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ito Yogyo Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Ito Yogyo Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Ito Yogyo Co ranks #452 out of 1730 companies in the Construction industry, placing it in the top 26.1%.
Is Ito Yogyo Co's Piotroski F-Score too high?
Ito Yogyo Co'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 8.00. The Construction industry median Piotroski F-Score is 5.00. Ito Yogyo Co's value of 6 is 20% above this industry median. Based on the distribution chart, Ito Yogyo Co ranks #452 out of 1730 companies in the Construction industry, which is above the industry midpoint. Overall, Ito Yogyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ito Yogyo Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Ito Yogyo Co ranks #452 out of 1730 companies for Piotroski F-Score. This puts Ito Yogyo Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ito Yogyo Co's value of 6 is 20% above this benchmark. Historically, Ito Yogyo Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ito Yogyo 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,730 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. Ito Yogyo Co'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 Ito Yogyo 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. Ito Yogyo Co'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 Ito Yogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ito Yogyo Co (TSE:5287) is currently considered Modestly Overvalued. The stock's GF Value™ is 円724.86, compared to a current price of 円814.00 — trading 12.3% above 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 Construction industry median of 5.00. Ito Yogyo Co's overall GF Score™ is 63/100 with 1 warning sign 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 Ito Yogyo Co (TSE:5287), the current Piotroski F-Score is 6 as of Jul. 14, 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 Ito Yogyo Co (TSE:5287) Overvalued in 2026?

Based on GuruFocus' analysis, Ito Yogyo Co stock appears to be overvalued. The current stock price of 円814.00 is trading 12.3% above its estimated GF Value™ of 円724.86. GuruFocus considers Ito Yogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:5287:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円724.86 vs. price of 円814.00 (12.3% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 20% above the Construction median (#452 of 1730)

No single metric tells the full story. See the TSE:5287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ito Yogyo Co Business Description

Address 6-3-14, Nakatsu, Kita-ku, Osaka, JPN, 5310071
Ito Yogyo Co Ltd is engaged in manufacturing and selling precast concrete products for government and municipalities in Japan and internationally. Its products are used in sewer engineering, landscape maintenance, and stormwater treatment. The company is also involved in the sale and installation of products for building equipment.
63GF Score

Get the complete analysis for TSE:5287

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

円814.00
Price
円724.86
GF Value