Echo Trading Co (TSE:7427) Piotroski F-Score: 4 (As of Jun. 30, 2026) — 33% Below Median


TSE:7427 Echo Trading Co Ltd TSE:7427
70 GF Score
Price 円826.00
GF Value 円921.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Echo Trading Co Piotroski F-Score?

Echo Trading Co TSE:7427 -0.48% 70 Piotroski F-Score is 4 as of Jun. 30, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates TSE:7427 with a GF Score™ of 70/100 and a GF Value™ of 円921.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Echo Trading Co ranks worse than 67.16% 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

Echo Trading Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:7427' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Echo Trading Co was 8. The lowest was 1. And the median was 6.

Echo Trading Co  (TSE:7427) 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.


Echo Trading Co Piotroski F-Score Related Terms


Echo Trading Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Echo Trading 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.

Echo Trading Co Piotroski F-Score Chart

Echo Trading Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 8.00 3.00 4.00

Echo Trading Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 8.00 0.00 3.00 0.00 4.00

TSE:7427 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Echo Trading 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.


Echo Trading Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Echo Trading Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7427
70GF Score
Echo Trading Co Ltd TSE:7427
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円778 Mil.
Cash Flow from Operations was 円3,980 Mil.
Revenue was 円105,812 Mil.
Gross Profit was 円11,786 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (34065.436 + 38899.047) / 2 = 円36482.2415 Mil.
Total Assets at the begining of this year (Feb25) was 円34,065 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円36,601 Mil.
Total Current Liabilities was 円26,288 Mil.
Net Income was 円1,002 Mil.

Revenue was 円106,389 Mil.
Gross Profit was 円12,045 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (33523.906 + 34065.436) / 2 = 円33794.671 Mil.
Total Assets at the begining of last year (Feb24) was 円33,524 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円31,990 Mil.
Total Current Liabilities was 円22,206 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.

Echo Trading Co's current Net Income (TTM) was 778. ==> 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.

Echo Trading Co's current Cash Flow from Operations (TTM) was 3,980. ==> 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 (Feb25)
=778.311/34065.436
=0.02284753

ROA (Last Year)=Net Income/Total Assets (Feb24)
=1001.758/33523.906
=0.0298819

Echo Trading Co's return on assets of this year was 0.02284753. Echo Trading Co's return on assets of last year was 0.0298819. ==> 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.

Echo Trading Co's current Net Income (TTM) was 778. Echo Trading Co's current Cash Flow from Operations (TTM) was 3,980. ==> 3,980 > 778 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0/36482.2415
=0

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/33794.671
=0

Echo Trading Co's gearing of this year was 0. Echo Trading Co's gearing of last year was 0. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=36600.773/26287.62
=1.39231977

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=31990.35/22206.388
=1.44059223

Echo Trading Co's current ratio of this year was 1.39231977. Echo Trading Co's current ratio of last year was 1.44059223. ==> 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.

Echo Trading Co's number of shares in issue this year was 6.051. Echo Trading Co's number of shares in issue last year was 6.021. ==> 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
=11786.225/105811.956
=0.1113884

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12045.109/106388.553
=0.11321809

Echo Trading Co's gross margin of this year was 0.1113884. Echo Trading Co's gross margin of last year was 0.11321809. ==> 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 (Feb25)
=105811.956/34065.436
=3.10613832

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=106388.553/33523.906
=3.17351304

Echo Trading Co's asset turnover of this year was 3.10613832. Echo Trading Co's asset turnover of last year was 3.17351304. ==> 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+0+1+1+0+0+0+0
=4

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

Echo Trading Co has an F-score of 4 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 4 mean?
Echo Trading Co (TSE:7427) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Echo Trading Co and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Echo Trading Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Echo Trading Co ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 67.2%.
Is Echo Trading Co's Piotroski F-Score too high?
Echo Trading Co's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Echo Trading Co's value of 4 is 20% below this industry median. Based on the distribution chart, Echo Trading Co ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Echo Trading Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Echo Trading Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Echo Trading Co ranks #1282 out of 1909 companies for Piotroski F-Score. This places Echo Trading Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Echo Trading Co's value of 4 is 20% below this benchmark. Historically, Echo Trading Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Echo Trading Co 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Echo Trading Co's current Piotroski F-Score of 4 is 20% 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 Echo Trading Co and its competitors. For the Consumer Packaged Goods 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. Echo Trading Co's current Piotroski F-Score is 4, which is 33% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Echo Trading Co (TSE:7427) is currently considered Modestly Undervalued. The stock's GF Value™ is 円921.07, compared to a current price of 円826.00 — trading 10.3% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Echo Trading Co's overall GF Score™ is 70/100 with 3 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 Echo Trading Co (TSE:7427), the current Piotroski F-Score is 4 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 Echo Trading Co (TSE:7427) Overvalued in 2026?

Based on GuruFocus' analysis, Echo Trading Co stock appears to be undervalued. The current stock price of 円826.00 is trading 10.3% below its estimated GF Value™ of 円921.07. GuruFocus considers Echo Trading Co to be Modestly Undervalued.

Key valuation signals for TSE:7427:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: 円921.07 vs. price of 円826.00 (10.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1282 of 1909)

No single metric tells the full story. See the TSE:7427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Echo Trading Co Business Description

Address No. 1 No. 23 in Nishinomiya, Hyogo Prefecture Naruohama 2-chome, Nishinomiya, JPN, 663-8142
Echo Trading Co Ltd is a Japan-based company offering diversified products and services for pets. The company is engaged in specialty store business, wholesale business, product development business, education business, sales promotion business, event business, and internet business. Its specialty store business, wholesale business, and product development business are engaged in the production and distribution of pet food and pet supplies to pet home centers, supermarkets, and drug stores. Its internet business transmits information useful for pet owners and pet lives such as searching for pet-related facilities such as animal hospitals and trimming salons, and travel knowledge on pets.
70GF Score

Get the complete analysis for TSE:7427

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

円826.00
Price
円921.07
GF Value