Refinverse GroupTSE:7375 -0.90%42 Piotroski F-Score is 7 as of Jun. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:7375 with a GF Score™ of 42/100 and a GF Value™ of 円928.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,563 Chemicals companies, Refinverse Group ranks better than 90.4% 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
Refinverse 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 Refinverse Group's Piotroski F-Score or its related term are showing as below:
TSE:7375'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 7
Current: 7
During the past 4 years, the highest Piotroski F-Score of Refinverse Group was 7. The lowest was 6. And the median was 7.
Refinverse Group (TSE:7375) 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.
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.
Refinverse Group Piotroski F-Score Related Terms
Refinverse Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Refinverse 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.
For the Chemicals subindustry, Refinverse 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.
Refinverse Group Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Refinverse Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Refinverse Group's Piotroski F-Score falls into.
* 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.
*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.
Refinverse Group's current Net Income (TTM) was 146.
==> 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.
Refinverse Group's return on assets of this year was 0.04340034. Refinverse Group's return on assets of last year was 0.00130265.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Refinverse Group's gearing of this year was 0.5535069. Refinverse Group's gearing of last year was 0.57852385.
==> 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
Refinverse Group's current ratio of this year was 1.29309702. Refinverse Group's current ratio of last year was 1.29567461.
==> 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.
Refinverse Group's number of shares in issue this year was 3.348. Refinverse Group's number of shares in issue last year was 3.342.
==> 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.
Refinverse Group's gross margin of this year was 0.32531503. Refinverse Group's gross margin of last year was 0.31518819.
==> 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
Refinverse Group's asset turnover of this year was 1.20932209. Refinverse Group's asset turnover of last year was 1.01839118.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Refinverse Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Refinverse Group (TSE:7375) 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 Refinverse Group and its competitors. This is near median its historical median of 7.00. Over the past decade, Refinverse Group's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Refinverse Group ranks #150 out of 1563 companies in the Chemicals industry, placing it in the top 9.6%.
Is Refinverse Group's Piotroski F-Score too high?
Refinverse Group's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Refinverse Group's value of 7 is 40% above this industry median. Based on the distribution chart, Refinverse Group ranks #150 out of 1563 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Refinverse Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Refinverse Group's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Refinverse Group ranks #150 out of 1563 companies for Piotroski F-Score. This places Refinverse Group in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Refinverse Group's value of 7 is 40% above this benchmark. Historically, Refinverse Group's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Refinverse 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,563 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. Refinverse 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 Refinverse Group and its competitors. For the Chemicals 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. Refinverse Group's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinverse Group stock overvalued right now?
Based on GuruFocus' analysis, Refinverse Group (TSE:7375) is currently considered Significantly Overvalued. The stock's GF Value™ is 円928.40, compared to a current price of 円1,320.00 — trading 42.2% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Chemicals industry median of 5.00. Refinverse Group's overall GF Score™ is 42/100 with 4 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 Refinverse Group (TSE:7375), 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 Refinverse Group (TSE:7375) Overvalued in 2026?
Based on GuruFocus' analysis, Refinverse Group stock appears to be overvalued.
The current stock price of 円1,320.00 is trading 42.2% above its estimated GF Value™ of 円928.40.
GuruFocus considers Refinverse Group to be Significantly Overvalued.
Key valuation signals for TSE:7375:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: 円928.40 vs. price of 円1,320.00 (42.2% above fair value)
Industry Position: 40% above the Chemicals median (#150 of 1563)
No single metric tells the full story. See the TSE:7375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Refinverse Group Inc is a material recycling company engaged in Recycled resin recycling and manufacturing. It operates in two reportable segments Materials Business accepts the disposal of used carpet tiles, which are used as raw materials for products, mainly in the Tokyo metropolitan area. Recycled resin produced by cutting or crushing used carpet tiles, used in automobile airbags Recycled resins are produced by cutting, cleaning, thermoplasticizing, and extruding scraps and used fishing nets from the manufacturing process; and Resource business is centered around the Tokyo metropolitan area and includes intermediate processing and recycling of industrial waste, as well as collection and transportation of industrial waste.
42GF Score
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