Net Protections Holdings (TSE:7383) Piotroski F-Score: 5 (As of Jun. 30, 2026) — Near Median


TSE:7383 Net Protections Holdings Inc TSE:7383
66 GF Score
Price 円340.00
GF Value 円454.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Net Protections Holdings Piotroski F-Score?

Net Protections Holdings TSE:7383 +2.72% 66 Piotroski F-Score is 5 as of Jun. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:7383 with a GF Score™ of 66/100 and a GF Value™ of 円454.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 531 Credit Services companies, Net Protections Holdings ranks better than 64.03% 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

Net Protections Holdings 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 Net Protections Holdings's Piotroski F-Score or its related term are showing as below:

TSE:7383' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 7
Current: 5

During the past 7 years, the highest Piotroski F-Score of Net Protections Holdings was 7. The lowest was 1. And the median was 5.

Net Protections Holdings  (TSE:7383) 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.


Net Protections Holdings Piotroski F-Score Related Terms


Net Protections Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Net Protections Holdings'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.

Net Protections Holdings Piotroski F-Score Chart

Net Protections Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 5.00 1.00 4.00 7.00 5.00

Net Protections Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 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 Premium Member Only Premium Member Only 4.00 4.00 7.00 0.00 5.00

TSE:7383 vs V, MA, AXP: Piotroski F-Score Comparison

For the Credit Services subindustry, Net Protections Holdings'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.


Net Protections Holdings Piotroski F-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Net Protections Holdings's Piotroski F-Score distribution charts can be found below:

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


TSE:7383
66GF Score
Net Protections Holdings Inc TSE:7383
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1,732 Mil.
Cash Flow from Operations was 円8,971 Mil.
Revenue was 円25,213 Mil.
Gross Profit was 円25,213 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (70848 + 85063) / 2 = 円77955.5 Mil.
Total Assets at the begining of this year (Mar25) was 円70,848 Mil.
Long-Term Debt & Capital Lease Obligation was 円3 Mil.
Total Current Assets was 円64,787 Mil.
Total Current Liabilities was 円63,867 Mil.
Net Income was 円1,350 Mil.

Revenue was 円23,031 Mil.
Gross Profit was 円23,031 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (60279 + 70848) / 2 = 円65563.5 Mil.
Total Assets at the begining of last year (Mar24) was 円60,279 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,254 Mil.
Total Current Assets was 円50,540 Mil.
Total Current Liabilities was 円46,249 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.

Net Protections Holdings's current Net Income (TTM) was 1,732. ==> 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.

Net Protections Holdings's current Cash Flow from Operations (TTM) was 8,971. ==> 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 (Mar25)
=1732/70848
=0.0244467

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1350/60279
=0.02239586

Net Protections Holdings's return on assets of this year was 0.0244467. Net Protections Holdings's return on assets of last year was 0.02239586. ==> 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.

Net Protections Holdings's current Net Income (TTM) was 1,732. Net Protections Holdings's current Cash Flow from Operations (TTM) was 8,971. ==> 8,971 > 1,732 ==> 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
=3/77955.5
=3.848E-5

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=5254/65563.5
=0.08013605

Net Protections Holdings's gearing of this year was 3.848E-5. Net Protections Holdings's gearing of last year was 0.08013605. ==> 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
=64787/63867
=1.01440494

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=50540/46249
=1.09278038

Net Protections Holdings's current ratio of this year was 1.01440494. Net Protections Holdings's current ratio of last year was 1.09278038. ==> 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.

Net Protections Holdings's number of shares in issue this year was 100.174. Net Protections Holdings's number of shares in issue last year was 98.35. ==> 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
=25213/25213
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23031/23031
=1

Net Protections Holdings's gross margin of this year was 1. Net Protections Holdings's gross margin of last year was 1. ==> 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)
=25213/70848
=0.35587455

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=23031/60279
=0.38207336

Net Protections Holdings's asset turnover of this year was 0.35587455. Net Protections Holdings's asset turnover of last year was 0.38207336. ==> 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+1+1+1+0+0+0+0
=5

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

Net Protections Holdings 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?
Net Protections Holdings (TSE:7383) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Net Protections Holdings and its competitors. This is near median its historical median of 5.00. Over the past decade, Net Protections Holdings' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Net Protections Holdings ranks #191 out of 531 companies in the Credit Services industry, placing it in the top 36%.
Is Net Protections Holdings' Piotroski F-Score too high?
Net Protections Holdings' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Credit Services industry median Piotroski F-Score is 5.00. Net Protections Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Net Protections Holdings ranks #191 out of 531 companies in the Credit Services industry, which is above the industry midpoint. Overall, Net Protections Holdings has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Protections Holdings' Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Net Protections Holdings ranks #191 out of 531 companies for Piotroski F-Score. This puts Net Protections Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Net Protections Holdings' value of 5 is 0% at this benchmark. Historically, Net Protections Holdings' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Net Protections Holdings 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 531 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. Net Protections Holdings'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 Net Protections Holdings and its competitors. For the Credit 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. Net Protections Holdings's current Piotroski F-Score is 5, which is near 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 Net Protections Holdings stock overvalued right now?
Based on GuruFocus' analysis, Net Protections Holdings (TSE:7383) is currently considered Modestly Undervalued. The stock's GF Value™ is 円454.57, compared to a current price of 円340.00 — trading 25.2% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Credit Services industry median of 5.00. Net Protections Holdings' overall GF Score™ is 66/100 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 Net Protections Holdings (TSE:7383), the current Piotroski F-Score is 5 as of Jun. 30, 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 Net Protections Holdings (TSE:7383) Overvalued in 2026?

Based on GuruFocus' analysis, Net Protections Holdings stock appears to be undervalued. The current stock price of 円340.00 is trading 25.2% below its estimated GF Value™ of 円454.57. GuruFocus considers Net Protections Holdings to be Modestly Undervalued.

Key valuation signals for TSE:7383:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円454.57 vs. price of 円340.00 (25.2% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 0% at the Credit Services median (#191 of 531)

No single metric tells the full story. See the TSE:7383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Net Protections Holdings Business Description

Address 4-2-6 Kojimachi, Sumitomo Real Estate Kojimachi First Building 5th Floor, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN, 102-0083
Net Protections Holdings Inc offers payment services. It provides Buy Now Pay Later payment solutions.
66GF Score

Get the complete analysis for TSE:7383

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

円340.00
Price
円454.57
GF Value