ENDO LightingTSE:6932 -0.55%80 Piotroski F-Score is 5 as of Jun. 28, 2026, which is 38% below its 10-year median of 8.00. GuruFocus rates TSE:6932 with a GF Score™ of 80/100 and a GF Value™ of 円1,652.40 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, ENDO Lighting ranks better than 58.92% 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
ENDO Lighting has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for ENDO Lighting's Piotroski F-Score or its related term are showing as below:
TSE:6932'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 8 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of ENDO Lighting was 9. The lowest was 5. And the median was 8.
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.
ENDO Lighting Piotroski F-Score Related Terms
ENDO Lighting Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ENDO Lighting'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:6932 vs SN, SGI, MHK: Piotroski F-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, ENDO Lighting'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.
ENDO Lighting Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ENDO Lighting's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ENDO Lighting'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.
ENDO Lighting's current Net Income (TTM) was 4,342.
==> 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.
ENDO Lighting's return on assets of this year was 0.06416717. ENDO Lighting's return on assets of last year was 0.07647443.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ENDO Lighting's gearing of this year was 0.1555152. ENDO Lighting's gearing of last year was 0.1217298.
==> 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
ENDO Lighting's current ratio of this year was 3.65891139. ENDO Lighting's current ratio of last year was 2.96007147.
==> 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.
ENDO Lighting's number of shares in issue this year was 15.572. ENDO Lighting's number of shares in issue last year was 14.776.
==> 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.
ENDO Lighting's gross margin of this year was 0.41039785. ENDO Lighting's gross margin of last year was 0.38745696.
==> 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
ENDO Lighting's asset turnover of this year was 0.81979399. ENDO Lighting's asset turnover of last year was 0.85629372.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ENDO Lighting has an F-score of 5 indicating the company's financial situation is typical for a stable company.
ENDO Lighting (TSE:6932) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ENDO Lighting and its competitors. This is 38% below median its historical median of 8.00. Over the past decade, ENDO Lighting's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, ENDO Lighting ranks #175 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 41.1%.
Is ENDO Lighting's Piotroski F-Score too high?
ENDO Lighting's current Piotroski F-Score of 5 is 38% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. ENDO Lighting's value of 5 is 0% at this industry median. Based on the distribution chart, ENDO Lighting ranks #175 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, ENDO Lighting has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENDO Lighting's Piotroski F-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, ENDO Lighting ranks #175 out of 426 companies for Piotroski F-Score. This puts ENDO Lighting in the upper half of its industry. The industry median Piotroski F-Score is 5.00. ENDO Lighting's value of 5 is 0% at this benchmark. Historically, ENDO Lighting's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, ENDO Lighting has consistently been at 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 Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 426 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. ENDO Lighting's current Piotroski F-Score of 5 is 0% at 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 ENDO Lighting and its competitors. For the Furnishings, Fixtures & Appliances 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. ENDO Lighting's current Piotroski F-Score is 5, which is 38% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENDO Lighting stock overvalued right now?
Based on GuruFocus' analysis, ENDO Lighting (TSE:6932) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,652.40, compared to a current price of 円2,369.00 — trading 43.4% above its estimated fair value. The current Piotroski F-Score is 5, which is 38% below median its 10-year median of 8.00 and 0% at the Furnishings, Fixtures & Appliances industry median of 5.00. ENDO Lighting's overall GF Score™ is 80/100 with 3 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 ENDO Lighting (TSE:6932), the current Piotroski F-Score is 5 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 ENDO Lighting (TSE:6932) Overvalued in 2026?
Based on GuruFocus' analysis, ENDO Lighting stock appears to be overvalued.
The current stock price of 円2,369.00 is trading 43.4% above its estimated GF Value™ of 円1,652.40.
GuruFocus considers ENDO Lighting to be Significantly Overvalued.
Key valuation signals for TSE:6932:
Piotroski F-Score: 5 (38% below median its 10-year median of 8.00)
GF Value™: 円1,652.40 vs. price of 円2,369.00 (43.4% above fair value)
Industry Position: 0% at the Furnishings, Fixtures & Appliances median (#175 of 426)
No single metric tells the full story. See the TSE:6932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENDO Lighting Corp is a Japanese-based lighting equipment manufacturer. The company is organized into segments by product or service based on its business divisions. The reportable segments are the Lighting Equipment-related Business, the Environment-related Business, and the Interior Furniture Business. The Lighting Equipment Related Business principally involves the manufacture and sale of lighting equipment. The Environment-related Business focuses on the sale of energy-saving equipment and the rental of lighting fixtures and energy-saving devices. The Interior Furniture Business is mainly engaged in the sale of interior furniture and accessories.
80GF Score
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