Ryobi (TSE:5851) Piotroski F-Score: 8 (As of Jul. 18, 2026) — 14% Above Median

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TSE:5851 Ryobi Ltd TSE:5851
83 GF Score
Price 円2,466.00
GF Value 円2,601.35
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Ryobi Piotroski F-Score?

Ryobi TSE:5851 -1.56% 83 Piotroski F-Score is 8 as of Jul. 18, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates TSE:5851 with a GF Score™ of 83/100 and a GF Value™ of 円2,601.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,969 Industrial Products companies, Ryobi ranks better than 97.88% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Ryobi has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:5851' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ryobi was 9. The lowest was 4. And the median was 7.

Ryobi  (TSE:5851) 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.


Ryobi Piotroski F-Score Related Terms


Ryobi Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ryobi'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.

Ryobi Piotroski F-Score Chart

Ryobi Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 9.00 6.00 8.00

Ryobi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.00 6.00 6.00 8.00 8.00

TSE:5851 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, Ryobi'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.


Ryobi Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ryobi's Piotroski F-Score distribution charts can be found below:

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


TSE:5851
83GF Score
Ryobi Ltd TSE:5851
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 2677 + 1357 + 5398 + 2706 = 円12,138 Mil.
Cash Flow from Operations was 8368 + -48 + 9652 + 700 = 円18,672 Mil.
Revenue was 75733 + 74045 + 81321 + 75939 = 円307,038 Mil.
Gross Profit was 9709 + 8316 + 11534 + 8959 = 円38,518 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(322000 + 319039 + 331055 + 343734 + 341151) / 5 = 円331395.8 Mil.
Total Assets at the begining of this year (Mar25) was 円322,000 Mil.
Long-Term Debt & Capital Lease Obligation was 円33,939 Mil.
Total Current Assets was 円164,574 Mil.
Total Current Liabilities was 円92,812 Mil.
Net Income was 2624 + 739 + 1424 + 1750 = 円6,537 Mil.

Revenue was 74720 + 70581 + 78095 + 78012 = 円301,408 Mil.
Gross Profit was 8641 + 6969 + 10266 + 9295 = 円35,171 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(324984 + 334958 + 309639 + 333186 + 322000) / 5 = 円324953.4 Mil.
Total Assets at the begining of last year (Mar24) was 円324,984 Mil.
Long-Term Debt & Capital Lease Obligation was 円19,900 Mil.
Total Current Assets was 円152,071 Mil.
Total Current Liabilities was 円110,503 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.

Ryobi's current Net Income (TTM) was 12,138. ==> 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.

Ryobi's current Cash Flow from Operations (TTM) was 18,672. ==> 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)
=12138/322000
=0.03769565

ROA (Last Year)=Net Income/Total Assets (Mar24)
=6537/324984
=0.02011484

Ryobi's return on assets of this year was 0.03769565. Ryobi's return on assets of last year was 0.02011484. ==> This year is higher. ==> Score 1.

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.

Ryobi's current Net Income (TTM) was 12,138. Ryobi's current Cash Flow from Operations (TTM) was 18,672. ==> 18,672 > 12,138 ==> 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
=33939/331395.8
=0.10241228

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=19900/324953.4
=0.06123955

Ryobi's gearing of this year was 0.10241228. Ryobi's gearing of last year was 0.06123955. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=164574/92812
=1.77319743

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=152071/110503
=1.37617078

Ryobi's current ratio of this year was 1.77319743. Ryobi's current ratio of last year was 1.37617078. ==> 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.

Ryobi's number of shares in issue this year was 31.805. Ryobi's number of shares in issue last year was 32.348. ==> 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
=38518/307038
=0.12545027

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=35171/301408
=0.11668901

Ryobi's gross margin of this year was 0.12545027. Ryobi's gross margin of last year was 0.11668901. ==> 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 (Mar25)
=307038/322000
=0.95353416

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=301408/324984
=0.92745489

Ryobi's asset turnover of this year was 0.95353416. Ryobi's asset turnover of last year was 0.92745489. ==> 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+1+1+0+1+1+1+1
=8

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

Ryobi has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Ryobi (TSE:5851) has a Piotroski F-Score of 8 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ryobi and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Ryobi's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Ryobi ranks #63 out of 2969 companies in the Industrial Products industry, placing it in the top 2.1%.
Is Ryobi's Piotroski F-Score too high?
Ryobi's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Ryobi's value of 8 is 60% above this industry median. Based on the distribution chart, Ryobi ranks #63 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ryobi has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryobi's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ryobi ranks #63 out of 2969 companies for Piotroski F-Score. This places Ryobi in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ryobi's value of 8 is 60% above this benchmark. Historically, Ryobi's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Ryobi 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,969 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. Ryobi's current Piotroski F-Score of 8 is 60% 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 Ryobi and its competitors. For the Industrial Products 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. Ryobi's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryobi stock overvalued right now?
Based on GuruFocus' analysis, Ryobi (TSE:5851) is currently considered Fairly Valued. The stock's GF Value™ is 円2,601.35, compared to a current price of 円2,466.00 — trading 5.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Industrial Products industry median of 5.00. Ryobi's overall GF Score™ is 83/100 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 Ryobi (TSE:5851), the current Piotroski F-Score is 8 as of Jul. 18, 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 Ryobi (TSE:5851) Overvalued in 2026?

Based on GuruFocus' analysis, Ryobi stock appears to be undervalued. The current stock price of 円2,466.00 is trading 5.2% below its estimated GF Value™ of 円2,601.35. GuruFocus considers Ryobi to be Fairly Valued.

Key valuation signals for TSE:5851:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: 円2,601.35 vs. price of 円2,466.00 (5.2% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 60% above the Industrial Products median (#63 of 2969)

No single metric tells the full story. See the TSE:5851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryobi Business Description

Other Exchanges RYBIF:USA
Address 762 Mesaki-cho, Hiroshima Prefecture, Fuchu-shi, JPN, 726-8628
Ryobi Ltd operates in three segments: Die Castings, Housing and Construction Equipment, and Printing Equipment. Die castings consist of die-cast products for the automobile industry and various other industries; Printing equipment consists of offset printing presses and peripherals; and Housing and Construction Equipment includes door closers, hinges, and architectural hardware products. The majority of its revenue comes from the Die Castings segment.
83GF Score

Get the complete analysis for TSE:5851

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

円2,466.00
Price
円2,601.35
GF Value