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Global Style Co (TSE:7126) Piotroski F-Score : 5 (As of Apr. 08, 2025)


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What is Global Style Co Piotroski F-Score?

The zones of discrimination were as such:

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

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

TSE:7126' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 5

During the past 6 years, the highest Piotroski F-Score of Global Style Co was 7. The lowest was 5. And the median was 6.


Global Style Co Piotroski F-Score Historical Data

The historical data trend for Global Style 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.

* Premium members only.

Global Style Co Piotroski F-Score Chart

Global Style Co Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 7.00 5.00 5.00

Global Style Co Quarterly Data
Jul19 Jul20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25
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 - - - 5.00 -

Competitive Comparison of Global Style Co's Piotroski F-Score

For the Apparel Manufacturing subindustry, Global Style 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.


Global Style Co's Piotroski F-Score Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Global Style Co's Piotroski F-Score distribution charts can be found below:

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


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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 (Jul24) TTM:Last Year (Jul23) TTM:
Net Income was 円444 Mil.
Cash Flow from Operations was 円626 Mil.
Revenue was 円11,168 Mil.
Gross Profit was 円5,990 Mil.
Average Total Assets from the begining of this year (Jul23)
to the end of this year (Jul24) was (7323.106 + 7512.354) / 2 = 円7417.73 Mil.
Total Assets at the begining of this year (Jul23) was 円7,323 Mil.
Long-Term Debt & Capital Lease Obligation was 円947 Mil.
Total Current Assets was 円3,810 Mil.
Total Current Liabilities was 円3,683 Mil.
Net Income was 円473 Mil.

Revenue was 円10,407 Mil.
Gross Profit was 円5,565 Mil.
Average Total Assets from the begining of last year (Jul22)
to the end of last year (Jul23) was (6681.362 + 7323.106) / 2 = 円7002.234 Mil.
Total Assets at the begining of last year (Jul22) was 円6,681 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,169 Mil.
Total Current Assets was 円3,949 Mil.
Total Current Liabilities was 円3,672 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.

Global Style Co's current Net Income (TTM) was 444. ==> 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.

Global Style Co's current Cash Flow from Operations (TTM) was 626. ==> 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 (Jul23)
=443.764/7323.106
=0.06059778

ROA (Last Year)=Net Income/Total Assets (Jul22)
=473.239/6681.362
=0.07082972

Global Style Co's return on assets of this year was 0.06059778. Global Style Co's return on assets of last year was 0.07082972. ==> 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.

Global Style Co's current Net Income (TTM) was 444. Global Style Co's current Cash Flow from Operations (TTM) was 626. ==> 626 > 444 ==> 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: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=946.546/7417.73
=0.12760588

Gearing (Last Year: Jul23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul22 to Jul23
=1168.564/7002.234
=0.16688445

Global Style Co's gearing of this year was 0.12760588. Global Style Co's gearing of last year was 0.16688445. ==> 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: Jul24)=Total Current Assets/Total Current Liabilities
=3810.095/3683.431
=1.0343875

Current Ratio (Last Year: Jul23)=Total Current Assets/Total Current Liabilities
=3948.848/3671.865
=1.07543387

Global Style Co's current ratio of this year was 1.0343875. Global Style Co's current ratio of last year was 1.07543387. ==> 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.

Global Style Co's number of shares in issue this year was 3.352. Global Style Co's number of shares in issue last year was 3.317. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=5989.736/11167.786
=0.53634051

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5565.026/10407.282
=0.53472424

Global Style Co's gross margin of this year was 0.53634051. Global Style Co's gross margin of last year was 0.53472424. ==> 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 (Jul23)
=11167.786/7323.106
=1.52500674

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul22)
=10407.282/6681.362
=1.55765875

Global Style Co's asset turnover of this year was 1.52500674. Global Style Co's asset turnover of last year was 1.55765875. ==> 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+0+1+0
=5

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

Global Style Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Global Style Co  (TSE:7126) 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.


Global Style Co Piotroski F-Score Related Terms

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Global Style Co Business Description

Traded in Other Exchanges
N/A
Address
3-5-1 Awajimachi, Tangoya Building, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0047
Global Style Co Ltd is engaged in the planning and sales of custom suits and shirts for men and women. The firm wholesale fabrics for men's and women's apparel. It also operates specialty stores for custom-made suits.

Global Style Co Headlines

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