Tamron Co (TSE:7740) Piotroski F-Score: 5 (As of Aug. 28, 2026) — 17% Below Median

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TSE:7740 Tamron Co Ltd TSE:7740
91 GF Score
Price 円1,375.00
GF Value 円878.26
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tamron Co Piotroski F-Score?

Tamron Co TSE:7740 +1.25% 91 Piotroski F-Score is 5 as of Aug. 28, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates TSE:7740 with a GF Score™ of 91/100 and a GF Value™ of 円878.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 834 Travel & Leisure companies, Tamron Co ranks better than 50.6% 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

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

TSE:7740' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Tamron Co was 9. The lowest was 3. And the median was 6.

Tamron Co  (TSE:7740) 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.


Tamron Co Piotroski F-Score Related Terms


Tamron Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tamron 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.

Tamron Co Piotroski F-Score Chart

Tamron Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 5.00 7.00 5.00

Tamron Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 5.00 0.00 0.00

TSE:7740 vs AS, HAS, LTH: Piotroski F-Score Comparison

For the Leisure subindustry, Tamron 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.


Tamron Co Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7740
91GF Score
Tamron Co Ltd TSE:7740
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円11,761 Mil.
Cash Flow from Operations was 円15,096 Mil.
Revenue was 円85,071 Mil.
Gross Profit was 円37,417 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (102184 + 106046) / 2 = 円104115 Mil.
Total Assets at the begining of this year (Dec24) was 円102,184 Mil.
Long-Term Debt & Capital Lease Obligation was 円247 Mil.
Total Current Assets was 円70,693 Mil.
Total Current Liabilities was 円15,499 Mil.
Net Income was 円14,526 Mil.

Revenue was 円88,475 Mil.
Gross Profit was 円39,386 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (87062 + 102184) / 2 = 円94623 Mil.
Total Assets at the begining of last year (Dec23) was 円87,062 Mil.
Long-Term Debt & Capital Lease Obligation was 円369 Mil.
Total Current Assets was 円72,310 Mil.
Total Current Liabilities was 円16,607 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.

Tamron Co's current Net Income (TTM) was 11,761. ==> 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.

Tamron Co's current Cash Flow from Operations (TTM) was 15,096. ==> 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 (Dec24)
=11761/102184
=0.1150963

ROA (Last Year)=Net Income/Total Assets (Dec23)
=14526/87062
=0.16684662

Tamron Co's return on assets of this year was 0.1150963. Tamron Co's return on assets of last year was 0.16684662. ==> 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.

Tamron Co's current Net Income (TTM) was 11,761. Tamron Co's current Cash Flow from Operations (TTM) was 15,096. ==> 15,096 > 11,761 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=247/104115
=0.00237238

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=369/94623
=0.00389969

Tamron Co's gearing of this year was 0.00237238. Tamron Co's gearing of last year was 0.00389969. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=70693/15499
=4.56113298

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=72310/16607
=4.35418799

Tamron Co's current ratio of this year was 4.56113298. Tamron Co's current ratio of last year was 4.35418799. ==> This year's current ratio is higher. ==> Score 1.

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.

Tamron Co's number of shares in issue this year was 161.588. Tamron Co's number of shares in issue last year was 161.255. ==> 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
=37417/85071
=0.43983261

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=39386/88475
=0.4451653

Tamron Co's gross margin of this year was 0.43983261. Tamron Co's gross margin of last year was 0.4451653. ==> 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 (Dec24)
=85071/102184
=0.8325276

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=88475/87062
=1.01622981

Tamron Co's asset turnover of this year was 0.8325276. Tamron Co's asset turnover of last year was 1.01622981. ==> 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+1+0+0+0
=5

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

Tamron 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?
Tamron Co (TSE:7740) has a Piotroski F-Score of 5 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tamron Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Tamron Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Tamron Co ranks #412 out of 834 companies in the Travel & Leisure industry, placing it in the top 49.4%.
Is Tamron Co's Piotroski F-Score too high?
Tamron Co's current Piotroski F-Score of 5 is 17% below 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 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Tamron Co's value of 5 is 0% at this industry median. Based on the distribution chart, Tamron Co ranks #412 out of 834 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tamron Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamron Co's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tamron Co ranks #412 out of 834 companies for Piotroski F-Score. This puts Tamron Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tamron Co's value of 5 is 0% at this benchmark. Historically, Tamron Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Tamron 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 834 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. Tamron 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 Tamron Co and its competitors. For the Travel & Leisure 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. Tamron Co's current Piotroski F-Score is 5, which is 17% 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 Tamron Co stock overvalued right now?
Based on GuruFocus' analysis, Tamron Co (TSE:7740) is currently considered Significantly Overvalued. The stock's GF Value™ is 円878.26, compared to a current price of 円1,375.00 — trading 56.6% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Travel & Leisure industry median of 5.00. Tamron Co's overall GF Score™ is 91/100 with 5 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 Tamron Co (TSE:7740), the current Piotroski F-Score is 5 as of Aug. 28, 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 Tamron Co (TSE:7740) Overvalued in 2026?

Based on GuruFocus' analysis, Tamron Co stock appears to be overvalued. The current stock price of 円1,375.00 is trading 56.6% above its estimated GF Value™ of 円878.26. GuruFocus considers Tamron Co to be Significantly Overvalued.

Key valuation signals for TSE:7740:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: 円878.26 vs. price of 円1,375.00 (56.6% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 0% at the Travel & Leisure median (#412 of 834)

No single metric tells the full story. See the TSE:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamron Co Business Description

Other Exchanges TMRNF:USA
Address 1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organizes itself into three segments: Photography-related business, Surveillance & FA-related business, and Mobility & Healthcare, Other Businesses. The company designs, manufactures, and sells interchangeable lenses for mirrorless and SLR cameras; lenses for surveillance cameras, factory automation (FA) and machine vision systems, and video conferencing equipment; as well as lenses for in-vehicle cameras, video and digital cameras, medical applications, and a variety of optical device components. The company's key geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.
91GF Score

Get the complete analysis for TSE:7740

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

円1,375.00
Price
円878.26
GF Value