Petgo (TSE:7140) Piotroski F-Score: 2 (As of Jul. 14, 2026) — 50% Below Median

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TSE:7140 Petgo Corp TSE:7140
59 GF Score
Price 円806.00
GF Value 円797.54
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Petgo Piotroski F-Score?

Petgo TSE:7140 +0.37% 59 Piotroski F-Score is 2 as of Jul. 14, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates TSE:7140 with a GF Score™ of 59/100 and a GF Value™ of 円797.54 (Fairly Valued). The stock has 9 warning signs investors should review. Among 652 Healthcare Providers & Services companies, Petgo ranks worse than 92.64% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Petgo has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Petgo's Piotroski F-Score or its related term are showing as below:

TSE:7140' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 5
Current: 2

During the past 7 years, the highest Piotroski F-Score of Petgo was 5. The lowest was 2. And the median was 4.

Petgo  (TSE:7140) 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.


Petgo Piotroski F-Score Related Terms


Petgo Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Petgo'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.

Petgo Piotroski F-Score Chart

Petgo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 4.00 5.00 4.00 5.00 2.00

Petgo Semi-Annual Data
Mar20 Mar21 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 4.00 0.00 5.00 0.00 2.00

TSE:7140 vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, Petgo'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.


Petgo Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Petgo's Piotroski F-Score distribution charts can be found below:

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


TSE:7140
59GF Score
Petgo Corp TSE:7140
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 円-270 Mil.
Cash Flow from Operations was 円-47 Mil.
Revenue was 円7,420 Mil.
Gross Profit was 円2,274 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3310.616 + 3163.309) / 2 = 円3236.9625 Mil.
Total Assets at the begining of this year (Mar25) was 円3,311 Mil.
Long-Term Debt & Capital Lease Obligation was 円219 Mil.
Total Current Assets was 円2,601 Mil.
Total Current Liabilities was 円1,837 Mil.
Net Income was 円128 Mil.

Revenue was 円9,033 Mil.
Gross Profit was 円2,807 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3299.529 + 3310.616) / 2 = 円3305.0725 Mil.
Total Assets at the begining of last year (Mar24) was 円3,300 Mil.
Long-Term Debt & Capital Lease Obligation was 円280 Mil.
Total Current Assets was 円3,214 Mil.
Total Current Liabilities was 円1,777 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.

Petgo's current Net Income (TTM) was -270. ==> Negative ==> Score 0.

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.

Petgo's current Cash Flow from Operations (TTM) was -47. ==> Negative ==> Score 0.

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 (Mar25)
=-269.893/3310.616
=-0.0815235

ROA (Last Year)=Net Income/Total Assets (Mar24)
=128.341/3299.529
=0.03889676

Petgo's return on assets of this year was -0.0815235. Petgo's return on assets of last year was 0.03889676. ==> 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.

Petgo's current Net Income (TTM) was -270. Petgo's current Cash Flow from Operations (TTM) was -47. ==> -47 > -270 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=218.585/3236.9625
=0.06752781

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=279.992/3305.0725
=0.08471584

Petgo's gearing of this year was 0.06752781. Petgo's gearing of last year was 0.08471584. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2601.475/1836.804
=1.41630517

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3213.675/1776.663
=1.80882643

Petgo's current ratio of this year was 1.41630517. Petgo's current ratio of last year was 1.80882643. ==> 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.

Petgo's number of shares in issue this year was 1.879. Petgo's number of shares in issue last year was 1.864. ==> 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
=2274.031/7420.426
=0.30645559

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2807.267/9032.575
=0.31079366

Petgo's gross margin of this year was 0.30645559. Petgo's gross margin of last year was 0.31079366. ==> 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 (Mar25)
=7420.426/3310.616
=2.24140341

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=9032.575/3299.529
=2.73753466

Petgo's asset turnover of this year was 2.24140341. Petgo's asset turnover of last year was 2.73753466. ==> 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
=0+0+0+1+1+0+0+0+0
=2

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

Petgo has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Petgo (TSE:7140) has a Piotroski F-Score of 2 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Petgo and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Petgo's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Petgo ranks #604 out of 652 companies in the Healthcare Providers & Services industry, placing it in the top 92.6%.
Is Petgo's Piotroski F-Score too high?
Petgo's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Petgo's value of 2 is 60% below this industry median. Based on the distribution chart, Petgo ranks #604 out of 652 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Petgo has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petgo's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Petgo ranks #604 out of 652 companies for Piotroski F-Score. This places Petgo in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Petgo's value of 2 is 60% below this benchmark. Historically, Petgo's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Petgo has consistently been below 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 652 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. Petgo's current Piotroski F-Score of 2 is 60% below 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 Petgo and its competitors. For the Healthcare Providers & Services 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. Petgo's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petgo stock overvalued right now?
Based on GuruFocus' analysis, Petgo (TSE:7140) is currently considered Fairly Valued. The stock's GF Value™ is 円797.54, compared to a current price of 円806.00 — trading 1.1% above its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Healthcare Providers & Services industry median of 5.00. Petgo's overall GF Score™ is 59/100 with 9 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 Petgo (TSE:7140), the current Piotroski F-Score is 2 as of Jul. 14, 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 Petgo (TSE:7140) Overvalued in 2026?

Based on GuruFocus' analysis, Petgo stock appears to be overvalued. The current stock price of 円806.00 is trading 1.1% above its estimated GF Value™ of 円797.54. GuruFocus considers Petgo to be Fairly Valued.

Key valuation signals for TSE:7140:

  • Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
  • GF Value™: 円797.54 vs. price of 円806.00 (1.1% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 60% below the Healthcare Providers & Services median (#604 of 652)

No single metric tells the full story. See the TSE:7140 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petgo Business Description

Address 1-32-2 Honcho, Harmony Tower 12th Floor, Nakano-ku, Tokyo, JPN, 164-0012
Petgo Corp is engaged in the pet healthcare business.
59GF Score

Get the complete analysis for TSE:7140

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

円806.00
Price
円797.54
GF Value