Yagi (TSE:7460) Piotroski F-Score: 7 (As of Jul. 25, 2026) — 17% Above Median

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TSE:7460 Yagi & Co Ltd TSE:7460
48 GF Score
Price 円1,770.00
! 4 Warning Signs
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What is Yagi Piotroski F-Score?

Yagi TSE:7460 +0.45% 48 Piotroski F-Score is 7 as of Jul. 25, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:7460 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 1,051 Manufacturing - Apparel & Accessories companies, Yagi ranks better than 91.06% 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

Yagi 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 Yagi's Piotroski F-Score or its related term are showing as below:

TSE:7460' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Yagi was 7. The lowest was 3. And the median was 6.

Yagi  (TSE:7460) 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.


Yagi Piotroski F-Score Related Terms


Yagi Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yagi'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.

Yagi Piotroski F-Score Chart

Yagi Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 7.00 5.00 7.00

Yagi Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 0.00 5.00 0.00 7.00

Yagi Piotroski F-Score Competitor Comparison

For the Textile Manufacturing subindustry, Yagi'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.


Yagi Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yagi's Piotroski F-Score distribution charts can be found below:

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


TSE:7460
48GF Score
Yagi & Co Ltd TSE:7460
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3,670 Mil.
Cash Flow from Operations was 円4,388 Mil.
Revenue was 円85,934 Mil.
Gross Profit was 円27,199 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (79196 + 82628) / 2 = 円80912 Mil.
Total Assets at the begining of this year (Mar25) was 円79,196 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,236 Mil.
Total Current Assets was 円53,335 Mil.
Total Current Liabilities was 円28,131 Mil.
Net Income was 円2,625 Mil.

Revenue was 円83,376 Mil.
Gross Profit was 円24,150 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (74067 + 79196) / 2 = 円76631.5 Mil.
Total Assets at the begining of last year (Mar24) was 円74,067 Mil.
Long-Term Debt & Capital Lease Obligation was 円8,200 Mil.
Total Current Assets was 円55,969 Mil.
Total Current Liabilities was 円24,649 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.

Yagi's current Net Income (TTM) was 3,670. ==> 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.

Yagi's current Cash Flow from Operations (TTM) was 4,388. ==> 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)
=3670/79196
=0.04634072

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2625/74067
=0.03544088

Yagi's return on assets of this year was 0.04634072. Yagi's return on assets of last year was 0.03544088. ==> 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.

Yagi's current Net Income (TTM) was 3,670. Yagi's current Cash Flow from Operations (TTM) was 4,388. ==> 4,388 > 3,670 ==> 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
=3236/80912
=0.03999407

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=8200/76631.5
=0.1070056

Yagi's gearing of this year was 0.03999407. Yagi's gearing of last year was 0.1070056. ==> 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
=53335/28131
=1.89595109

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=55969/24649
=2.27063978

Yagi's current ratio of this year was 1.89595109. Yagi's current ratio of last year was 2.27063978. ==> 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.

Yagi's number of shares in issue this year was 24.816. Yagi's number of shares in issue last year was 25.096. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=27199/85934
=0.31651035

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=24150/83376
=0.2896517

Yagi's gross margin of this year was 0.31651035. Yagi's gross margin of last year was 0.2896517. ==> 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 (Mar25)
=85934/79196
=1.08508005

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=83376/74067
=1.1256835

Yagi's asset turnover of this year was 1.08508005. Yagi's asset turnover of last year was 1.1256835. ==> 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+1+1+0
=7

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

Yagi 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?
Yagi (TSE:7460) has a Piotroski F-Score of 7 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yagi and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Yagi's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Yagi ranks #94 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.9%.
Is Yagi's Piotroski F-Score too high?
Yagi's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Yagi's value of 7 is 40% above this industry median. Based on the distribution chart, Yagi ranks #94 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Yagi has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Yagi's Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yagi ranks #94 out of 1051 companies for Piotroski F-Score. This places Yagi in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yagi's value of 7 is 40% above this benchmark. Historically, Yagi'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 6.00 vs. the industry median of 5.00, Yagi 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,051 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. Yagi'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 Yagi and its competitors. For the Manufacturing - Apparel & Accessories 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. Yagi's current Piotroski F-Score is 7, which is 17% above 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 Yagi stock overvalued right now?
Yagi (TSE:7460) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Manufacturing - Apparel & Accessories industry median of 5.00. Yagi's overall GF Score™ is 48/100 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 Yagi (TSE:7460), the current Piotroski F-Score is 7 as of Jul. 25, 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.

Yagi Business Description

Address 2-8, 2 chome, Kyutaro-Machi, Chuo-ku, Osaka, JPN, 540-8660
Yagi & Co Ltd is engaged in the manufacturing, selling, import, and export of textile products and raw textile materials. The company offers its products to various fields such as dust control automobiles, the interior, high-tech, and environmental fields. The company's segment includes Materials Business, Lifestyle Business, Apparel Business, Brand and retail business, and Real Estate Business. The company generates the majority of its revenue from the Materials Business.
48GF Score

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

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