Feedforce Group (TSE:7068) Piotroski F-Score: 7 (As of Jul. 03, 2026) — Near Median


TSE:7068 Feedforce Group Inc TSE:7068
78 GF Score
Price 円553.00
GF Value 円744.93
Valuation Modestly Undervalued
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What is Feedforce Group Piotroski F-Score?

Feedforce Group TSE:7068 +2.41% 78 Piotroski F-Score is 7 as of Jul. 03, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:7068 with a GF Score™ of 78/100 and a GF Value™ of 円744.93 (Modestly Undervalued). Among 1,008 Media - Diversified companies, Feedforce Group ranks better than 91.87% 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

Feedforce Group 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 Feedforce Group's Piotroski F-Score or its related term are showing as below:

TSE:7068' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 7

During the past 10 years, the highest Piotroski F-Score of Feedforce Group was 8. The lowest was 5. And the median was 7.

Feedforce Group  (TSE:7068) 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.


Feedforce Group Piotroski F-Score Related Terms


Feedforce Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Feedforce Group'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.

Feedforce Group Piotroski F-Score Chart

Feedforce Group Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 7.00 8.00 7.00

Feedforce Group Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 8.00 0.00 0.00 0.00 7.00

TSE:7068 vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, Feedforce Group'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.


Feedforce Group Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Feedforce Group's Piotroski F-Score distribution charts can be found below:

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


TSE:7068
78GF Score
Feedforce Group Inc TSE:7068
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 (May26) TTM:Last Year (May25) TTM:
Net Income was 円1,445 Mil.
Cash Flow from Operations was 円1,500 Mil.
Revenue was 円4,912 Mil.
Gross Profit was 円3,493 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was (7653 + 8502) / 2 = 円8077.5 Mil.
Total Assets at the begining of this year (May25) was 円7,653 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,000 Mil.
Total Current Assets was 円7,287 Mil.
Total Current Liabilities was 円3,628 Mil.
Net Income was 円1,002 Mil.

Revenue was 円4,373 Mil.
Gross Profit was 円3,115 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was (7559 + 7653) / 2 = 円7606 Mil.
Total Assets at the begining of last year (May24) was 円7,559 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,000 Mil.
Total Current Assets was 円6,425 Mil.
Total Current Liabilities was 円3,194 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.

Feedforce Group's current Net Income (TTM) was 1,445. ==> 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.

Feedforce Group's current Cash Flow from Operations (TTM) was 1,500. ==> 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 (May25)
=1445/7653
=0.18881484

ROA (Last Year)=Net Income/Total Assets (May24)
=1002/7559
=0.13255722

Feedforce Group's return on assets of this year was 0.18881484. Feedforce Group's return on assets of last year was 0.13255722. ==> 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.

Feedforce Group's current Net Income (TTM) was 1,445. Feedforce Group's current Cash Flow from Operations (TTM) was 1,500. ==> 1,500 > 1,445 ==> 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: May26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May25 to May26
=1000/8077.5
=0.12380068

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=1000/7606
=0.13147515

Feedforce Group's gearing of this year was 0.12380068. Feedforce Group's gearing of last year was 0.13147515. ==> 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: May26)=Total Current Assets/Total Current Liabilities
=7287/3628
=2.00854465

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=6425/3194
=2.01158422

Feedforce Group's current ratio of this year was 2.00854465. Feedforce Group's current ratio of last year was 2.01158422. ==> 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.

Feedforce Group's number of shares in issue this year was 24.417. Feedforce Group's number of shares in issue last year was 25.49. ==> 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
=3493/4912
=0.71111564

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3115/4373
=0.71232563

Feedforce Group's gross margin of this year was 0.71111564. Feedforce Group's gross margin of last year was 0.71232563. ==> 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 (May25)
=4912/7653
=0.6418398

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=4373/7559
=0.57851568

Feedforce Group's asset turnover of this year was 0.6418398. Feedforce Group's asset turnover of last year was 0.57851568. ==> 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+1+0+1+0+1
=7

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

Feedforce Group 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?
Feedforce Group (TSE:7068) has a Piotroski F-Score of 7 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Feedforce Group and its competitors. This is near median its historical median of 7.00. Over the past decade, Feedforce Group's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Feedforce Group ranks #82 out of 1008 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is Feedforce Group's Piotroski F-Score too high?
Feedforce Group's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Feedforce Group's value of 7 is 40% above this industry median. Based on the distribution chart, Feedforce Group ranks #82 out of 1008 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Feedforce Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Feedforce Group's Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Feedforce Group ranks #82 out of 1008 companies for Piotroski F-Score. This places Feedforce Group in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Feedforce Group's value of 7 is 40% above this benchmark. Historically, Feedforce Group's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Feedforce Group 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,008 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. Feedforce Group'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 Feedforce Group and its competitors. For the Media - Diversified 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. Feedforce Group's current Piotroski F-Score is 7, which is near 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 Feedforce Group stock overvalued right now?
Based on GuruFocus' analysis, Feedforce Group (TSE:7068) is currently considered Modestly Undervalued. The stock's GF Value™ is 円744.93, compared to a current price of 円553.00 — trading 25.8% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Media - Diversified industry median of 5.00. Feedforce Group's overall GF Score™ is 78/100. 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 Feedforce Group (TSE:7068), the current Piotroski F-Score is 7 as of Jul. 03, 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 Feedforce Group (TSE:7068) Overvalued in 2026?

Based on GuruFocus' analysis, Feedforce Group stock appears to be undervalued. The current stock price of 円553.00 is trading 25.8% below its estimated GF Value™ of 円744.93. GuruFocus considers Feedforce Group to be Modestly Undervalued.

Key valuation signals for TSE:7068:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円744.93 vs. price of 円553.00 (25.8% below fair value)
  • GF Score™: 78/100
  • Industry Position: 40% above the Media - Diversified median (#82 of 1008)

No single metric tells the full story. See the TSE:7068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feedforce Group Business Description

Address 1-2-6 Minamiaoyama, Minato-ku, 3rd Floor Lattice Aoyama Square, Tokyo, JPN, 107-0062
Feedforce Group Inc is involved in the data feed business, digital advertising business, social media marketing business, and other businesses. The company has three reportable segments are Professional Services Business, SaaS Business, and DX Business. The Professional Services Business consists of two main services, Anagrams and DF PLUS, and provides marketing support and solutions that utilize data feeds and listings to businesses, mainly enterprise companies. The SaaS Business consists of three main services: Social PLUS, dfplus.io, and EC Booster. The DX Business consists of four main services: App Unity, Rewire, FRACTA, and Shippinno.
78GF Score

Get the complete analysis for TSE:7068

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

円553.00
Price
円744.93
GF Value