Micreed Co (TSE:7687) Piotroski F-Score: 5 (As of Jul. 14, 2026) — Near Median

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TSE:7687 Micreed Co Ltd TSE:7687
69 GF Score
Price 円415.00
GF Value 円624.65
Valuation Significantly Undervalued
View Full Analysis

What is Micreed Co Piotroski F-Score?

Micreed Co TSE:7687 +1.22% 69 Piotroski F-Score is 5 as of Jul. 14, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:7687 with a GF Score™ of 69/100 and a GF Value™ of 円624.65 (Significantly Undervalued). Among 299 Retail - Defensive companies, Micreed Co ranks worse than 52.51% 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

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

TSE:7687' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 9 years, the highest Piotroski F-Score of Micreed Co was 7. The lowest was 3. And the median was 5.

Micreed Co  (TSE:7687) 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.


Micreed Co Piotroski F-Score Related Terms


Micreed Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Micreed 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.

Micreed Co Piotroski F-Score Chart

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

Micreed Co Semi-Annual Data
Mar18 Mar19 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 6.00 0.00 5.00 0.00 5.00

TSE:7687 vs SYY, USFD, PFGC: Piotroski F-Score Comparison

For the Food Distribution subindustry, Micreed 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.


Micreed Co Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7687
69GF Score
Micreed Co Ltd TSE:7687
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279 Mil.
Cash Flow from Operations was 円398 Mil.
Revenue was 円7,671 Mil.
Gross Profit was 円2,606 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2325 + 2780) / 2 = 円2552.5 Mil.
Total Assets at the begining of this year (Mar25) was 円2,325 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円2,393 Mil.
Total Current Liabilities was 円1,074 Mil.
Net Income was 円258 Mil.

Revenue was 円6,776 Mil.
Gross Profit was 円2,324 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2066 + 2325) / 2 = 円2195.5 Mil.
Total Assets at the begining of last year (Mar24) was 円2,066 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円1,975 Mil.
Total Current Liabilities was 円858 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.

Micreed Co's current Net Income (TTM) was 279. ==> 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.

Micreed Co's current Cash Flow from Operations (TTM) was 398. ==> 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)
=279/2325
=0.12

ROA (Last Year)=Net Income/Total Assets (Mar24)
=258/2066
=0.12487899

Micreed Co's return on assets of this year was 0.12. Micreed Co's return on assets of last year was 0.12487899. ==> 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.

Micreed Co's current Net Income (TTM) was 279. Micreed Co's current Cash Flow from Operations (TTM) was 398. ==> 398 > 279 ==> 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
=0/2552.5
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2195.5
=0

Micreed Co's gearing of this year was 0. Micreed 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: Mar26)=Total Current Assets/Total Current Liabilities
=2393/1074
=2.22811918

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1975/858
=2.3018648

Micreed Co's current ratio of this year was 2.22811918. Micreed Co's current ratio of last year was 2.3018648. ==> 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.

Micreed Co's number of shares in issue this year was 6.624. Micreed Co's number of shares in issue last year was 6.614. ==> 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
=2606/7671
=0.33972103

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2324/6776
=0.34297521

Micreed Co's gross margin of this year was 0.33972103. Micreed Co's gross margin of last year was 0.34297521. ==> 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)
=7671/2325
=3.29935484

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6776/2066
=3.27976767

Micreed Co's asset turnover of this year was 3.29935484. Micreed Co's asset turnover of last year was 3.27976767. ==> 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+1+1+0+0+0+1
=5

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

Micreed 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?
Micreed Co (TSE:7687) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Micreed Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Micreed Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Micreed Co ranks #157 out of 299 companies in the Retail - Defensive industry, placing it in the top 52.5%.
Is Micreed Co's Piotroski F-Score too high?
Micreed Co's 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 3.00 to a high of 7.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Micreed Co's value of 5 is 16.7% below this industry median. Based on the distribution chart, Micreed Co ranks #157 out of 299 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Micreed Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micreed Co's Piotroski F-Score compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Micreed Co ranks #157 out of 299 companies for Piotroski F-Score. This places Micreed Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Micreed Co's value of 5 is 16.7% below this benchmark. Historically, Micreed Co'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 5.00 vs. the industry median of 6.00, Micreed 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 299 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. Micreed Co's current Piotroski F-Score of 5 is 16.7% 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 Micreed Co and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micreed Co'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 Micreed Co stock overvalued right now?
Based on GuruFocus' analysis, Micreed Co (TSE:7687) is currently considered Significantly Undervalued. The stock's GF Value™ is 円624.65, compared to a current price of 円415.00 — trading 33.6% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the Retail - Defensive industry median of 6.00. Micreed Co's overall GF Score™ is 69/100. 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 Micreed Co (TSE:7687), the current Piotroski F-Score is 5 as of Jul. 14, 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 Micreed Co (TSE:7687) Overvalued in 2026?

Based on GuruFocus' analysis, Micreed Co stock appears to be undervalued. The current stock price of 円415.00 is trading 33.6% below its estimated GF Value™ of 円624.65. GuruFocus considers Micreed Co to be Significantly Undervalued.

Key valuation signals for TSE:7687:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円624.65 vs. price of 円415.00 (33.6% below fair value)
  • GF Score™: 69/100
  • Industry Position: 16.7% below the Retail - Defensive median (#157 of 299)

No single metric tells the full story. See the TSE:7687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micreed Co Business Description

Address 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Shinjuku Monolith 28th Floor, Shipping Center: Narashino City, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Tokyo, JPN, 103-0027
Micreed Co Ltd is engaged in the planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods, and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas. The Company operates a single segment, the mail order business of food ingredients for commercial use.
69GF Score

Get the complete analysis for TSE:7687

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

円415.00
Price
円624.65
GF Value