Wesco Holdings (TSE:6091) Piotroski F-Score: 6 (As of Jun. 29, 2026) — Near Median


TSE:6091 Wesco Holdings Inc TSE:6091
72 GF Score
Price 円922.00
GF Value 円703.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Wesco Holdings Piotroski F-Score?

Wesco Holdings TSE:6091 +2.22% 72 Piotroski F-Score is 6 as of Jun. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:6091 with a GF Score™ of 72/100 and a GF Value™ of 円703.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,729 Construction companies, Wesco Holdings ranks better than 74.09% 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

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

TSE:6091' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Wesco Holdings was 8. The lowest was 2. And the median was 6.

Wesco Holdings  (TSE:6091) 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.


Wesco Holdings Piotroski F-Score Related Terms


Wesco Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wesco 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.

Wesco Holdings Piotroski F-Score Chart

Wesco Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 6.00 8.00 6.00

Wesco Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 8.00 0.00 6.00 0.00

TSE:6091 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Wesco 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.


Wesco Holdings Piotroski F-Score vs Construction Industry

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

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


TSE:6091
72GF Score
Wesco Holdings Inc TSE:6091
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774 Mil.
Cash Flow from Operations was 円1,176 Mil.
Revenue was 円16,115 Mil.
Gross Profit was 円4,279 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (20759.72 + 21242.306) / 2 = 円21001.013 Mil.
Total Assets at the begining of this year (Jul24) was 円20,760 Mil.
Long-Term Debt & Capital Lease Obligation was 円27 Mil.
Total Current Assets was 円14,048 Mil.
Total Current Liabilities was 円4,542 Mil.
Net Income was 円768 Mil.

Revenue was 円15,725 Mil.
Gross Profit was 円4,150 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (19950.492 + 20759.72) / 2 = 円20355.106 Mil.
Total Assets at the begining of last year (Jul23) was 円19,950 Mil.
Long-Term Debt & Capital Lease Obligation was 円52 Mil.
Total Current Assets was 円13,455 Mil.
Total Current Liabilities was 円4,146 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.

Wesco Holdings's current Net Income (TTM) was 774. ==> 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.

Wesco Holdings's current Cash Flow from Operations (TTM) was 1,176. ==> 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)
=774.166/20759.72
=0.03729174

ROA (Last Year)=Net Income/Total Assets (Jul23)
=768.062/19950.492
=0.0384984

Wesco Holdings's return on assets of this year was 0.03729174. Wesco Holdings's return on assets of last year was 0.0384984. ==> 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.

Wesco Holdings's current Net Income (TTM) was 774. Wesco Holdings's current Cash Flow from Operations (TTM) was 1,176. ==> 1,176 > 774 ==> 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
=27.455/21001.013
=0.00130732

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=51.922/20355.106
=0.00255081

Wesco Holdings's gearing of this year was 0.00130732. Wesco Holdings's gearing of last year was 0.00255081. ==> 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
=14047.5/4542.019
=3.09278759

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=13454.657/4146.458
=3.24485549

Wesco Holdings's current ratio of this year was 3.09278759. Wesco Holdings's current ratio of last year was 3.24485549. ==> 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.

Wesco Holdings's number of shares in issue this year was 13.818. Wesco Holdings's number of shares in issue last year was 14.697. ==> 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
=4278.81/16114.809
=0.26552037

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4150.148/15725.32
=0.26391501

Wesco Holdings's gross margin of this year was 0.26552037. Wesco Holdings's gross margin of last year was 0.26391501. ==> 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 (Jul24)
=16114.809/20759.72
=0.77625368

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=15725.32/19950.492
=0.78821715

Wesco Holdings's asset turnover of this year was 0.77625368. Wesco Holdings's asset turnover of last year was 0.78821715. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0
=6

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

Wesco Holdings 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?
Wesco Holdings (TSE:6091) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wesco Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, Wesco Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Wesco Holdings ranks #448 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Wesco Holdings' Piotroski F-Score too high?
Wesco Holdings' 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 2.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Wesco Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Wesco Holdings ranks #448 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Wesco Holdings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wesco Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Wesco Holdings ranks #448 out of 1729 companies for Piotroski F-Score. This puts Wesco Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Wesco Holdings' value of 6 is 20% above this benchmark. Historically, Wesco Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Wesco 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 1,729 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. Wesco Holdings'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 Wesco 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. Wesco Holdings'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 Wesco Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wesco Holdings (TSE:6091) is currently considered Significantly Overvalued. The stock's GF Value™ is 円703.00, compared to a current price of 円922.00 — trading 31.2% 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. Wesco Holdings' overall GF Score™ is 72/100 with 5 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 Wesco Holdings (TSE:6091), the current Piotroski F-Score is 6 as of Jun. 29, 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 Wesco Holdings (TSE:6091) Overvalued in 2026?

Based on GuruFocus' analysis, Wesco Holdings stock appears to be overvalued. The current stock price of 円922.00 is trading 31.2% above its estimated GF Value™ of 円703.00. GuruFocus considers Wesco Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6091:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円703.00 vs. price of 円922.00 (31.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 20% above the Construction median (#448 of 1729)

No single metric tells the full story. See the TSE:6091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wesco Holdings Business Description

Address Shimadahon cho 2-5-35, Kita-ku, Yubinbango, Okayama, JPN, 700-0033
Wesco Holdings Inc operates as a holding company with an interest in the construction consulting business. It offers construction design, compensation consultant, environmental assessment, general survey, aerial survey and geological survey services. The company's three reporting sections are the General Construction Consultant Business, the Sports Facility Management Business, and the Aquarium Management Business. The company generates the majority of its revenue from the General Construction Consultant Business.
72GF Score

Get the complete analysis for TSE:6091

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

円922.00
Price
円703.00
GF Value