Advan Group Co (TSE:7463) Piotroski F-Score: 5 (As of Jul. 08, 2026) — 25% Above Median


TSE:7463 Advan Group Co Ltd TSE:7463
75 GF Score
Price 円917.00
GF Value 円888.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Advan Group Co Piotroski F-Score?

Advan Group Co TSE:7463 +0.66% 75 Piotroski F-Score is 5 as of Jul. 08, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates TSE:7463 with a GF Score™ of 75/100 and a GF Value™ of 円888.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 394 Building Materials companies, Advan Group Co ranks better than 51.52% 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

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

TSE:7463' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 5
Current: 5

During the past 13 years, the highest Piotroski F-Score of Advan Group Co was 5. The lowest was 2. And the median was 4.

Advan Group Co  (TSE:7463) 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.


Advan Group Co Piotroski F-Score Related Terms


Advan Group Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Advan Group 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.

Advan Group Co Piotroski F-Score Chart

Advan Group Co 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 5.00 4.00 4.00 3.00 5.00

Advan Group Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.00 4.00 7.00 4.00 5.00

TSE:7463 vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Advan Group 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.


Advan Group Co Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Advan Group Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7463
75GF Score
Advan Group Co Ltd TSE:7463
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -1098.82 + 3108.084 + 3963.095 + 2091.007 = 円8,063 Mil.
Cash Flow from Operations was -1128.503 + 1580.418 + 1183.986 + 3348.989 = 円4,985 Mil.
Revenue was 4103.778 + 4179.976 + 4304.225 + 4448.465 = 円17,036 Mil.
Gross Profit was 1571.973 + 1645.251 + 1682.074 + 1652.394 = 円6,552 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(80292.541 + 74714.97 + 78311.389 + 82285.524 + 84243.301) / 5 = 円79969.545 Mil.
Total Assets at the begining of this year (Mar25) was 円80,293 Mil.
Long-Term Debt & Capital Lease Obligation was 円15,055 Mil.
Total Current Assets was 円19,532 Mil.
Total Current Liabilities was 円8,203 Mil.
Net Income was 3828.118 + 0 + 5927.135 + -459.039 = 円9,296 Mil.

Revenue was 4620.061 + 0 + 7060.016 + 2835.961 = 円14,516 Mil.
Gross Profit was 1722.414 + 0 + 3002.528 + 922.03 = 円5,647 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Mar25) was
(73757.415 + 78698.38 + 73643.366 + 82380.94 + 80292.541) / 5 = 円77754.5284 Mil.
Total Assets at the begining of last year (Dec23) was 円73,757 Mil.
Long-Term Debt & Capital Lease Obligation was 円18,399 Mil.
Total Current Assets was 円27,864 Mil.
Total Current Liabilities was 円7,934 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.

Advan Group Co's current Net Income (TTM) was 8,063. ==> 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.

Advan Group Co's current Cash Flow from Operations (TTM) was 4,985. ==> 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)
=8063.366/80292.541
=0.10042485

ROA (Last Year)=Net Income/Total Assets (Dec23)
=9296.214/73757.415
=0.12603769

Advan Group Co's return on assets of this year was 0.10042485. Advan Group Co's return on assets of last year was 0.12603769. ==> 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.

Advan Group Co's current Net Income (TTM) was 8,063. Advan Group Co's current Cash Flow from Operations (TTM) was 4,985. ==> 4,985 <= 8,063 ==> CFROA <= ROA ==> Score 0.

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
=15054.714/79969.545
=0.18825559

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Mar25
=18398.563/77754.5284
=0.23662368

Advan Group Co's gearing of this year was 0.18825559. Advan Group Co's gearing of last year was 0.23662368. ==> 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
=19532.497/8203.025
=2.38113342

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=27863.714/7934.045
=3.51191782

Advan Group Co's current ratio of this year was 2.38113342. Advan Group Co's current ratio of last year was 3.51191782. ==> 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.

Advan Group Co's number of shares in issue this year was 34.25. Advan Group Co's number of shares in issue last year was 35.559. ==> 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
=6551.692/17036.444
=0.38456922

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5646.972/14516.038
=0.38901607

Advan Group Co's gross margin of this year was 0.38456922. Advan Group Co's gross margin of last year was 0.38901607. ==> 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)
=17036.444/80292.541
=0.21217966

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=14516.038/73757.415
=0.19680785

Advan Group Co's asset turnover of this year was 0.21217966. Advan Group Co's asset turnover of last year was 0.19680785. ==> 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+0+0+1+0+1+0+1
=5

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

Advan Group Co 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?
Advan Group Co (TSE:7463) has a Piotroski F-Score of 5 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Advan Group Co and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Advan Group Co's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Advan Group Co ranks #191 out of 394 companies in the Building Materials industry, placing it in the top 48.5%.
Is Advan Group Co's Piotroski F-Score too high?
Advan Group Co's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Building Materials industry median Piotroski F-Score is 5.00. Advan Group Co's value of 5 is 0% at this industry median. Based on the distribution chart, Advan Group Co ranks #191 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, Advan Group Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advan Group Co's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Advan Group Co ranks #191 out of 394 companies for Piotroski F-Score. This puts Advan Group Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Advan Group Co's value of 5 is 0% at this benchmark. Historically, Advan Group Co's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Advan Group Co 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 394 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. Advan Group Co'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 Advan Group Co and its competitors. For the Building Materials 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. Advan Group Co's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advan Group Co stock overvalued right now?
Based on GuruFocus' analysis, Advan Group Co (TSE:7463) is currently considered Fairly Valued. The stock's GF Value™ is 円888.94, compared to a current price of 円917.00 — trading 3.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Building Materials industry median of 5.00. Advan Group Co's overall GF Score™ is 75/100 with 7 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 Advan Group Co (TSE:7463), the current Piotroski F-Score is 5 as of Jul. 08, 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 Advan Group Co (TSE:7463) Overvalued in 2026?

Based on GuruFocus' analysis, Advan Group Co stock appears to be overvalued. The current stock price of 円917.00 is trading 3.2% above its estimated GF Value™ of 円888.94. GuruFocus considers Advan Group Co to be Fairly Valued.

Key valuation signals for TSE:7463:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: 円888.94 vs. price of 円917.00 (3.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 0% at the Building Materials median (#191 of 394)

No single metric tells the full story. See the TSE:7463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advan Group Co Business Description

Address 4-32-14 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
Advan Group Co Ltd is a company that primarily operates in two segments. It imports and sells building materials from all over the world, mainly in Europe and Asia such as tiles, stones, vinyl chloride flooring, flooring, kitchens, washbasins, faucets, wood stoves, garage doors, among others. It is also involved in the sales of gardening products.
75GF Score

Get the complete analysis for TSE:7463

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

円917.00
Price
円888.94
GF Value