Tokyo Communications Group (TSE:7359) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 40% Above Median


TSE:7359 Tokyo Communications Group Inc TSE:7359
69 GF Score
Price 円214.00
GF Value 円495.89
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Tokyo Communications Group Piotroski F-Score?

Tokyo Communications Group TSE:7359 +0.94% 69 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates TSE:7359 with a GF Score™ of 69/100 and a GF Value™ of 円495.89 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Media - Diversified companies, Tokyo Communications 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

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

TSE:7359' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 8 years, the highest Piotroski F-Score of Tokyo Communications Group was 7. The lowest was 3. And the median was 5.

Tokyo Communications Group  (TSE:7359) 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.


Tokyo Communications Group Piotroski F-Score Related Terms


Tokyo Communications Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tokyo Communications 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.

Tokyo Communications Group Piotroski F-Score Chart

Tokyo Communications Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 4.00 5.00 3.00 7.00

Tokyo Communications Group Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 3.00 0.00 7.00

TSE:7359 vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, Tokyo Communications 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.


Tokyo Communications Group Piotroski F-Score vs Media - Diversified Industry

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

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


TSE:7359
69GF Score
Tokyo Communications Group Inc TSE:7359
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230 Mil.
Cash Flow from Operations was 円376 Mil.
Revenue was 円6,219 Mil.
Gross Profit was 円4,831 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3751.445 + 3671.802) / 2 = 円3711.6235 Mil.
Total Assets at the begining of this year (Dec24) was 円3,751 Mil.
Long-Term Debt & Capital Lease Obligation was 円420 Mil.
Total Current Assets was 円2,068 Mil.
Total Current Liabilities was 円2,095 Mil.
Net Income was 円-414 Mil.

Revenue was 円5,862 Mil.
Gross Profit was 円4,643 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (4995.486 + 3751.445) / 2 = 円4373.4655 Mil.
Total Assets at the begining of last year (Dec23) was 円4,995 Mil.
Long-Term Debt & Capital Lease Obligation was 円832 Mil.
Total Current Assets was 円1,689 Mil.
Total Current Liabilities was 円1,794 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.

Tokyo Communications Group's current Net Income (TTM) was 230. ==> 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.

Tokyo Communications Group's current Cash Flow from Operations (TTM) was 376. ==> 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 (Dec24)
=230.425/3751.445
=0.061423

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-413.539/4995.486
=-0.08278254

Tokyo Communications Group's return on assets of this year was 0.061423. Tokyo Communications Group's return on assets of last year was -0.08278254. ==> 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.

Tokyo Communications Group's current Net Income (TTM) was 230. Tokyo Communications Group's current Cash Flow from Operations (TTM) was 376. ==> 376 > 230 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=420.157/3711.6235
=0.11320033

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=832.374/4373.4655
=0.19032367

Tokyo Communications Group's gearing of this year was 0.11320033. Tokyo Communications Group's gearing of last year was 0.19032367. ==> 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
=2067.99/2094.703
=0.98724736

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1689.48/1794.032
=0.94172233

Tokyo Communications Group's current ratio of this year was 0.98724736. Tokyo Communications Group's current ratio of last year was 0.94172233. ==> This year's current ratio is higher. ==> Score 1.

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.

Tokyo Communications Group's number of shares in issue this year was 10.106. Tokyo Communications Group's number of shares in issue last year was 10.073. ==> 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
=4831.458/6219.055
=0.77687977

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4642.962/5861.558
=0.79210374

Tokyo Communications Group's gross margin of this year was 0.77687977. Tokyo Communications Group's gross margin of last year was 0.79210374. ==> 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 (Dec24)
=6219.055/3751.445
=1.65777587

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=5861.558/4995.486
=1.17337092

Tokyo Communications Group's asset turnover of this year was 1.65777587. Tokyo Communications Group's asset turnover of last year was 1.17337092. ==> 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+1+0+0+1
=7

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

Tokyo Communications 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?
Tokyo Communications Group (TSE:7359) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tokyo Communications Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Tokyo Communications Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Tokyo Communications Group ranks #82 out of 1009 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is Tokyo Communications Group's Piotroski F-Score too high?
Tokyo Communications Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Tokyo Communications Group's value of 7 is 40% above this industry median. Based on the distribution chart, Tokyo Communications Group ranks #82 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Communications Group has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Communications Group's Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Tokyo Communications Group ranks #82 out of 1009 companies for Piotroski F-Score. This places Tokyo Communications Group in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Tokyo Communications Group's value of 7 is 40% above this benchmark. Historically, Tokyo Communications Group's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Tokyo Communications 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 1,009 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. Tokyo Communications 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 Tokyo Communications 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. Tokyo Communications Group's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Communications Group stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Communications Group (TSE:7359) is currently considered Significantly Undervalued. The stock's GF Value™ is 円495.89, compared to a current price of 円214.00 — trading 56.8% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Media - Diversified industry median of 5.00. Tokyo Communications Group's overall GF Score™ is 69/100 with 5 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 Tokyo Communications Group (TSE:7359), the current Piotroski F-Score is 7 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 Tokyo Communications Group (TSE:7359) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Communications Group stock appears to be undervalued. The current stock price of 円214.00 is trading 56.8% below its estimated GF Value™ of 円495.89. GuruFocus considers Tokyo Communications Group to be Significantly Undervalued.

Key valuation signals for TSE:7359:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: 円495.89 vs. price of 円214.00 (56.8% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 40% above the Media - Diversified median (#82 of 1009)

No single metric tells the full story. See the TSE:7359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Communications Group Business Description

Address 2-1 Roppongi 3-chome, Minato-ku, 22nd Floor, Sumitomo Fudosan Roppongi Grand Tower, Tokyo, JPN, 106-0032
Tokyo Communications Group Inc is an IT marketing company engaged in two main areas: the application business and the advertising agency business. In the app segment, the company develops smartphone apps that generate advertising revenue. The advertising agency business focuses on affiliate-based internet advertising. The company operates through two key segments: the Media Business and the Platform Business. The Media Business earns revenue from advertisers through media management, development of free smartphone apps, and ad product sales using ad tech. The Platform Business operates communication services, health tech apps, and messaging apps, following monthly subscription or pay-as-you-go models tailored to user needs and market demands.
69GF Score

Get the complete analysis for TSE:7359

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

円214.00
Price
円495.89
GF Value