Japan Investment Adviser Co (TSE:7172) Piotroski F-Score: 5 (As of Jul. 11, 2026) — 25% Above Median


TSE:7172 Japan Investment Adviser Co Ltd TSE:7172
86 GF Score
Price 円2,067.00
GF Value 円2,123.57
Valuation Fairly Valued
! 2 Warning Signs
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What is Japan Investment Adviser Co Piotroski F-Score?

Japan Investment Adviser Co TSE:7172 -0.39% 86 Piotroski F-Score is 5 as of Jul. 11, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates TSE:7172 with a GF Score™ of 86/100 and a GF Value™ of 円2,123.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,065 Business Services companies, Japan Investment Adviser Co ranks better than 51.46% 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

Japan Investment Adviser 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 Japan Investment Adviser Co's Piotroski F-Score or its related term are showing as below:

TSE:7172' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Japan Investment Adviser Co was 6. The lowest was 1. And the median was 4.

Japan Investment Adviser Co  (TSE:7172) 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.


Japan Investment Adviser Co Piotroski F-Score Related Terms


Japan Investment Adviser Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Japan Investment Adviser 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.

Japan Investment Adviser Co Piotroski F-Score Chart

Japan Investment Adviser Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 3.00 6.00 5.00

Japan Investment Adviser Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 5.00 0.00

TSE:7172 vs URI, SUNB, AER: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Japan Investment Adviser 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.


Japan Investment Adviser Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Japan Investment Adviser Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Japan Investment Adviser Co's Piotroski F-Score falls into.


TSE:7172
86GF Score
Japan Investment Adviser Co Ltd TSE:7172
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円10,542 Mil.
Cash Flow from Operations was 円-8,524 Mil.
Revenue was 円38,738 Mil.
Gross Profit was 円29,140 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (244906 + 293632) / 2 = 円269269 Mil.
Total Assets at the begining of this year (Dec24) was 円244,906 Mil.
Long-Term Debt & Capital Lease Obligation was 円12,936 Mil.
Total Current Assets was 円270,049 Mil.
Total Current Liabilities was 円197,284 Mil.
Net Income was 円8,055 Mil.

Revenue was 円31,129 Mil.
Gross Profit was 円20,833 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (211750 + 244906) / 2 = 円228328 Mil.
Total Assets at the begining of last year (Dec23) was 円211,750 Mil.
Long-Term Debt & Capital Lease Obligation was 円13,623 Mil.
Total Current Assets was 円221,643 Mil.
Total Current Liabilities was 円160,498 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.

Japan Investment Adviser Co's current Net Income (TTM) was 10,542. ==> 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.

Japan Investment Adviser Co's current Cash Flow from Operations (TTM) was -8,524. ==> 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 (Dec24)
=10542/244906
=0.04304509

ROA (Last Year)=Net Income/Total Assets (Dec23)
=8055/211750
=0.03804014

Japan Investment Adviser Co's return on assets of this year was 0.04304509. Japan Investment Adviser Co's return on assets of last year was 0.03804014. ==> 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.

Japan Investment Adviser Co's current Net Income (TTM) was 10,542. Japan Investment Adviser Co's current Cash Flow from Operations (TTM) was -8,524. ==> -8,524 <= 10,542 ==> CFROA <= ROA ==> Score 0.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=12936/269269
=0.04804118

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=13623/228328
=0.05966417

Japan Investment Adviser Co's gearing of this year was 0.04804118. Japan Investment Adviser Co's gearing of last year was 0.05966417. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=270049/197284
=1.36883376

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=221643/160498
=1.38097048

Japan Investment Adviser Co's current ratio of this year was 1.36883376. Japan Investment Adviser Co's current ratio of last year was 1.38097048. ==> 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.

Japan Investment Adviser Co's number of shares in issue this year was 60.543. Japan Investment Adviser Co's number of shares in issue last year was 60.482. ==> 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
=29140/38738
=0.75223295

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=20833/31129
=0.66924733

Japan Investment Adviser Co's gross margin of this year was 0.75223295. Japan Investment Adviser Co's gross margin of last year was 0.66924733. ==> 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 (Dec24)
=38738/244906
=0.15817497

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=31129/211750
=0.14700826

Japan Investment Adviser Co's asset turnover of this year was 0.15817497. Japan Investment Adviser Co's asset turnover of last year was 0.14700826. ==> 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+0+1+0+1+0+0+1+1
=5

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

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

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Japan Investment Adviser Co (TSE:7172) has a Piotroski F-Score of 5 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Japan Investment Adviser Co and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Japan Investment Adviser Co's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Japan Investment Adviser Co ranks #517 out of 1065 companies in the Business Services industry, placing it in the top 48.5%.
Is Japan Investment Adviser Co's Piotroski F-Score too high?
Japan Investment Adviser Co's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Japan Investment Adviser Co's value of 5 is 0% at this industry median. Based on the distribution chart, Japan Investment Adviser Co ranks #517 out of 1065 companies in the Business Services industry, which is above the industry midpoint. Overall, Japan Investment Adviser Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Investment Adviser Co's Piotroski F-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Japan Investment Adviser Co ranks #517 out of 1065 companies for Piotroski F-Score. This puts Japan Investment Adviser Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Japan Investment Adviser Co's value of 5 is 0% at this benchmark. Historically, Japan Investment Adviser Co's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Japan Investment Adviser Co 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,065 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. Japan Investment Adviser Co'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 Japan Investment Adviser Co and its competitors. For the Business 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. Japan Investment Adviser Co's current Piotroski F-Score is 5, which is 25% above 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 Japan Investment Adviser Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Investment Adviser Co (TSE:7172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,123.57, compared to a current price of 円2,067.00 — trading 2.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Business Services industry median of 5.00. Japan Investment Adviser Co's overall GF Score™ is 86/100 with 2 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 Japan Investment Adviser Co (TSE:7172), the current Piotroski F-Score is 5 as of Jul. 11, 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 Japan Investment Adviser Co (TSE:7172) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Investment Adviser Co stock appears to be undervalued. The current stock price of 円2,067.00 is trading 2.7% below its estimated GF Value™ of 円2,123.57. GuruFocus considers Japan Investment Adviser Co to be Fairly Valued.

Key valuation signals for TSE:7172:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: 円2,123.57 vs. price of 円2,067.00 (2.7% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 0% at the Business Services median (#517 of 1065)

No single metric tells the full story. See the TSE:7172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Investment Adviser Co Business Description

Address 3-2-1 Kasumigaseki, 21st Floor, Kasumigaseki Common Gate West Building, Chiyoda-ku, Tokyo, JPN
Japan Investment Adviser Co Ltd is a financial solution provider. It provides financial solution services through its operating lease and other financial businesses.
86GF Score

Get the complete analysis for TSE:7172

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

円2,067.00
Price
円2,123.57
GF Value