Hanatour Japan Co (TSE:6561) Piotroski F-Score: 7 (As of Jul. 13, 2026) — 40% Above Median


TSE:6561 Hanatour Japan Co Ltd TSE:6561
60 GF Score
Price 円816.00
GF Value 円2,095.78
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hanatour Japan Co Piotroski F-Score?

Hanatour Japan Co TSE:6561 +0.99% 60 Piotroski F-Score is 7 as of Jul. 13, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:6561 with a GF Score™ of 60/100 and a GF Value™ of 円2,095.78 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 835 Travel & Leisure companies, Hanatour Japan Co ranks better than 88.38% 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

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

TSE:6561' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 7

During the past 11 years, the highest Piotroski F-Score of Hanatour Japan Co was 9. The lowest was 3. And the median was 5.

Hanatour Japan Co  (TSE:6561) 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.


Hanatour Japan Co Piotroski F-Score Related Terms


Hanatour Japan Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hanatour Japan 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.

Hanatour Japan Co Piotroski F-Score Chart

Hanatour Japan Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 8.00 9.00 7.00

Hanatour Japan Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 7.00 0.00

TSE:6561 vs BKNG, ABNB, RCL: Piotroski F-Score Comparison

For the Travel Services subindustry, Hanatour Japan 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.


Hanatour Japan Co Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hanatour Japan Co's Piotroski F-Score distribution charts can be found below:

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


TSE:6561
60GF Score
Hanatour Japan Co Ltd TSE:6561
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円1,385 Mil.
Cash Flow from Operations was 円1,972 Mil.
Revenue was 円7,180 Mil.
Gross Profit was 円5,718 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (10735.494 + 11220.337) / 2 = 円10977.9155 Mil.
Total Assets at the begining of this year (Dec24) was 円10,735 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,939 Mil.
Total Current Assets was 円5,297 Mil.
Total Current Liabilities was 円2,594 Mil.
Net Income was 円1,627 Mil.

Revenue was 円6,662 Mil.
Gross Profit was 円5,200 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (9679.357 + 10735.494) / 2 = 円10207.4255 Mil.
Total Assets at the begining of last year (Dec23) was 円9,679 Mil.
Long-Term Debt & Capital Lease Obligation was 円4,436 Mil.
Total Current Assets was 円4,654 Mil.
Total Current Liabilities was 円2,821 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.

Hanatour Japan Co's current Net Income (TTM) was 1,385. ==> 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.

Hanatour Japan Co's current Cash Flow from Operations (TTM) was 1,972. ==> 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 (Dec24)
=1385.131/10735.494
=0.1290235

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1627.143/9679.357
=0.16810445

Hanatour Japan Co's return on assets of this year was 0.1290235. Hanatour Japan Co's return on assets of last year was 0.16810445. ==> 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.

Hanatour Japan Co's current Net Income (TTM) was 1,385. Hanatour Japan Co's current Cash Flow from Operations (TTM) was 1,972. ==> 1,972 > 1,385 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=3938.593/10977.9155
=0.35877421

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4435.947/10207.4255
=0.43458039

Hanatour Japan Co's gearing of this year was 0.35877421. Hanatour Japan Co's gearing of last year was 0.43458039. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=5297.257/2593.895
=2.04220179

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4653.964/2820.682
=1.64994282

Hanatour Japan Co's current ratio of this year was 2.04220179. Hanatour Japan Co's current ratio of last year was 1.64994282. ==> 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.

Hanatour Japan Co's number of shares in issue this year was 12.555. Hanatour Japan Co's number of shares in issue last year was 12.555. ==> 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
=5717.599/7180.131
=0.79630845

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5200.269/6662.439
=0.78053533

Hanatour Japan Co's gross margin of this year was 0.79630845. Hanatour Japan Co's gross margin of last year was 0.78053533. ==> 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 (Dec24)
=7180.131/10735.494
=0.66882167

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=6662.439/9679.357
=0.68831421

Hanatour Japan Co's asset turnover of this year was 0.66882167. Hanatour Japan Co's asset turnover of last year was 0.68831421. ==> 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+1+1+1+0
=7

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

Hanatour Japan Co has an F-score of 7. 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 7 mean?
Hanatour Japan Co (TSE:6561) has a Piotroski F-Score of 7 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hanatour Japan Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Hanatour Japan Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Hanatour Japan Co ranks #97 out of 835 companies in the Travel & Leisure industry, placing it in the top 11.6%.
Is Hanatour Japan Co's Piotroski F-Score too high?
Hanatour Japan Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Hanatour Japan Co's value of 7 is 40% above this industry median. Based on the distribution chart, Hanatour Japan Co ranks #97 out of 835 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Hanatour Japan Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hanatour Japan Co's Piotroski F-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Hanatour Japan Co ranks #97 out of 835 companies for Piotroski F-Score. This places Hanatour Japan Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Hanatour Japan Co's value of 7 is 40% above this benchmark. Historically, Hanatour Japan Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Hanatour Japan 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 835 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. Hanatour Japan Co'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 Hanatour Japan Co and its competitors. For the Travel & Leisure 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. Hanatour Japan Co's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanatour Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Hanatour Japan Co (TSE:6561) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,095.78, compared to a current price of 円816.00 — trading 61.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Travel & Leisure industry median of 5.00. Hanatour Japan Co's overall GF Score™ is 60/100 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 Hanatour Japan Co (TSE:6561), the current Piotroski F-Score is 7 as of Jul. 13, 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 Hanatour Japan Co (TSE:6561) Overvalued in 2026?

Based on GuruFocus' analysis, Hanatour Japan Co stock appears to be undervalued. The current stock price of 円816.00 is trading 61.1% below its estimated GF Value™ of 円2,095.78. GuruFocus considers Hanatour Japan Co to be Significantly Undervalued.

Key valuation signals for TSE:6561:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円2,095.78 vs. price of 円816.00 (61.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 40% above the Travel & Leisure median (#97 of 835)

No single metric tells the full story. See the TSE:6561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanatour Japan Co Business Description

Address 2-3-15 Shinjuku, Shinjuku-ku, Tokyo, JPN, 105-0003
Hanatour Japan Co Ltd is an integrated travel company. It offers domestic and international travel, hotel booking, ticketing, and other services. Company services include arranging local hotels, restaurants, and buses, etc., for customer referrals from Hanatour Co., Ltd. (South Korea). It also handles a large number of made-to-order planned products, such as FIT and incentive (travel incentives), in addition to package tours (PKG). Planned products and arranged travel such as PKG, INCENTIVE, FIT, AIR & HOTEL from Asian countries. New business development with local agents in, for example, the Philippines, Vietnam, India, and Russia (the Far East), and Other Events like organize K-POP concert tours in Japan and overseas, and Others.
60GF Score

Get the complete analysis for TSE:6561

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

円816.00
Price
円2,095.78
GF Value