Intimate Merger (TSE:7072) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 33% Above Median


TSE:7072 Intimate Merger Inc TSE:7072
90 GF Score
Price 円990.00
GF Value 円1,275.75
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Intimate Merger Piotroski F-Score?

Intimate Merger TSE:7072 +2.06% 90 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:7072 with a GF Score™ of 90/100 and a GF Value™ of 円1,275.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,744 Software companies, Intimate Merger ranks better than 98.69% 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

Intimate Merger 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 Intimate Merger's Piotroski F-Score or its related term are showing as below:

TSE:7072' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 9 years, the highest Piotroski F-Score of Intimate Merger was 8. The lowest was 2. And the median was 6.

Intimate Merger  (TSE:7072) 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.


Intimate Merger Piotroski F-Score Related Terms


Intimate Merger Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Intimate Merger'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.

Intimate Merger Piotroski F-Score Chart

Intimate Merger Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 4.00 6.00 7.00 5.00 8.00

Intimate Merger Semi-Annual Data
Sep17 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 5.00 0.00 8.00 0.00

TSE:7072 vs IBM, ACN, FISV: Piotroski F-Score Comparison

For the Information Technology Services subindustry, Intimate Merger'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.


Intimate Merger Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Intimate Merger's Piotroski F-Score distribution charts can be found below:

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


TSE:7072
90GF Score
Intimate Merger Inc TSE:7072
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 円153 Mil.
Cash Flow from Operations was 円218 Mil.
Revenue was 円3,364 Mil.
Gross Profit was 円887 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (2122.1 + 2191.105) / 2 = 円2156.6025 Mil.
Total Assets at the begining of this year (Sep24) was 円2,122 Mil.
Long-Term Debt & Capital Lease Obligation was 円80 Mil.
Total Current Assets was 円2,112 Mil.
Total Current Liabilities was 円546 Mil.
Net Income was 円57 Mil.

Revenue was 円2,995 Mil.
Gross Profit was 円745 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (2093.09 + 2122.1) / 2 = 円2107.595 Mil.
Total Assets at the begining of last year (Sep23) was 円2,093 Mil.
Long-Term Debt & Capital Lease Obligation was 円100 Mil.
Total Current Assets was 円2,050 Mil.
Total Current Liabilities was 円411 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.

Intimate Merger's current Net Income (TTM) was 153. ==> 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.

Intimate Merger's current Cash Flow from Operations (TTM) was 218. ==> 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 (Sep24)
=153.48/2122.1
=0.07232458

ROA (Last Year)=Net Income/Total Assets (Sep23)
=57.205/2093.09
=0.02733041

Intimate Merger's return on assets of this year was 0.07232458. Intimate Merger's return on assets of last year was 0.02733041. ==> 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.

Intimate Merger's current Net Income (TTM) was 153. Intimate Merger's current Cash Flow from Operations (TTM) was 218. ==> 218 > 153 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=80.008/2156.6025
=0.03709909

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=100/2107.595
=0.04744745

Intimate Merger's gearing of this year was 0.03709909. Intimate Merger's gearing of last year was 0.04744745. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=2112.365/546.329
=3.86647057

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=2049.819/411.497
=4.98137046

Intimate Merger's current ratio of this year was 3.86647057. Intimate Merger's current ratio of last year was 4.98137046. ==> 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.

Intimate Merger's number of shares in issue this year was 3.283. Intimate Merger's number of shares in issue last year was 3.367. ==> 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
=886.616/3363.631
=0.26358896

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=744.84/2995.252
=0.24867357

Intimate Merger's gross margin of this year was 0.26358896. Intimate Merger's gross margin of last year was 0.24867357. ==> 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 (Sep24)
=3363.631/2122.1
=1.5850483

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=2995.252/2093.09
=1.43101921

Intimate Merger's asset turnover of this year was 1.5850483. Intimate Merger's asset turnover of last year was 1.43101921. ==> 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+1+1
=8

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

Intimate Merger 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?
Intimate Merger (TSE:7072) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Intimate Merger and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Intimate Merger's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Intimate Merger ranks #36 out of 2744 companies in the Software industry, placing it in the top 1.3%.
Is Intimate Merger's Piotroski F-Score too high?
Intimate Merger's current Piotroski F-Score of 8 is 33% above 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 Software industry median Piotroski F-Score is 5.00. Intimate Merger's value of 8 is 60% above this industry median. Based on the distribution chart, Intimate Merger ranks #36 out of 2744 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Intimate Merger has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intimate Merger's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Intimate Merger ranks #36 out of 2744 companies for Piotroski F-Score. This places Intimate Merger in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Intimate Merger's value of 8 is 60% above this benchmark. Historically, Intimate Merger's 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, Intimate Merger 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,744 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. Intimate Merger'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 Intimate Merger and its competitors. For the Software 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. Intimate Merger's current Piotroski F-Score is 8, which is 33% above 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 Intimate Merger stock overvalued right now?
Based on GuruFocus' analysis, Intimate Merger (TSE:7072) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,275.75, compared to a current price of 円990.00 — trading 22.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Software industry median of 5.00. Intimate Merger's overall GF Score™ is 90/100 with 1 warning sign 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 Intimate Merger (TSE:7072), the current Piotroski F-Score is 8 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 Intimate Merger (TSE:7072) Overvalued in 2026?

Based on GuruFocus' analysis, Intimate Merger stock appears to be undervalued. The current stock price of 円990.00 is trading 22.4% below its estimated GF Value™ of 円1,275.75. GuruFocus considers Intimate Merger to be Modestly Undervalued.

Key valuation signals for TSE:7072:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円1,275.75 vs. price of 円990.00 (22.4% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 60% above the Software median (#36 of 2744)

No single metric tells the full story. See the TSE:7072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intimate Merger Business Description

Address 5-27 Roppongi 3-chome, Roppongi Yamada Building, 4th Floor, Minato-ku, Tokyo, JPN, 106-0032
Intimate Merger Inc is engaged in the data management platform business. The company provides a data management platform and data utilization consulting services for advertising agencies, media, tool vendors, and select data management platforms.
90GF Score

Get the complete analysis for TSE:7072

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

円990.00
Price
円1,275.75
GF Value