B&P Co (TSE:7804) Piotroski F-Score: 5 (As of Jun. 28, 2026) — 29% Below Median


TSE:7804 B&P Co Ltd TSE:7804
85 GF Score
Price 円2,229.00
GF Value 円2,507.41
Valuation Modestly Undervalued
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What is B&P Co Piotroski F-Score?

B&P Co TSE:7804 +1.69% 85 Piotroski F-Score is 5 as of Jun. 28, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:7804 with a GF Score™ of 85/100 and a GF Value™ of 円2,507.41 (Modestly Undervalued). Among 1,015 Media - Diversified companies, B&P Co ranks better than 60.1% 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

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

TSE:7804' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 9 years, the highest Piotroski F-Score of B&P Co was 8. The lowest was 5. And the median was 7.

B&P Co  (TSE:7804) 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.


B&P Co Piotroski F-Score Related Terms


B&P Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for B&P 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.

B&P Co Piotroski F-Score Chart

B&P Co Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 8.00 8.00 6.00 7.00 5.00

B&P Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 7.00 0.00 5.00 0.00

TSE:7804 vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, B&P 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.


B&P Co Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, B&P Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7804
85GF Score
B&P Co Ltd TSE:7804
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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was 円491 Mil.
Cash Flow from Operations was 円743 Mil.
Revenue was 円4,495 Mil.
Gross Profit was 円1,918 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (4136.729 + 4695.65) / 2 = 円4416.1895 Mil.
Total Assets at the begining of this year (Oct24) was 円4,137 Mil.
Long-Term Debt & Capital Lease Obligation was 円1 Mil.
Total Current Assets was 円4,235 Mil.
Total Current Liabilities was 円680 Mil.
Net Income was 円392 Mil.

Revenue was 円3,536 Mil.
Gross Profit was 円1,562 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (3786.978 + 4136.729) / 2 = 円3961.8535 Mil.
Total Assets at the begining of last year (Oct23) was 円3,787 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円3,800 Mil.
Total Current Liabilities was 円558 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.

B&P Co's current Net Income (TTM) was 491. ==> 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.

B&P Co's current Cash Flow from Operations (TTM) was 743. ==> 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 (Oct24)
=491.324/4136.729
=0.11877114

ROA (Last Year)=Net Income/Total Assets (Oct23)
=391.885/3786.978
=0.10348225

B&P Co's return on assets of this year was 0.11877114. B&P Co's return on assets of last year was 0.10348225. ==> 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.

B&P Co's current Net Income (TTM) was 491. B&P Co's current Cash Flow from Operations (TTM) was 743. ==> 743 > 491 ==> 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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=0.758/4416.1895
=0.00017164

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=0/3961.8535
=0

B&P Co's gearing of this year was 0.00017164. B&P Co's gearing of last year was 0. ==> Last year is lower than this year ==> Score 0.

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: Oct25)=Total Current Assets/Total Current Liabilities
=4235.261/680.264
=6.22590788

Current Ratio (Last Year: Oct24)=Total Current Assets/Total Current Liabilities
=3800.264/558.319
=6.80661772

B&P Co's current ratio of this year was 6.22590788. B&P Co's current ratio of last year was 6.80661772. ==> 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.

B&P Co's number of shares in issue this year was 2.32. B&P Co's number of shares in issue last year was 2.31. ==> 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
=1918.264/4495.008
=0.4267543

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1561.915/3536.204
=0.44169256

B&P Co's gross margin of this year was 0.4267543. B&P Co's gross margin of last year was 0.44169256. ==> 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 (Oct24)
=4495.008/4136.729
=1.08660925

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=3536.204/3786.978
=0.93377992

B&P Co's asset turnover of this year was 1.08660925. B&P Co's asset turnover of last year was 0.93377992. ==> 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+1+1+0+0+0+0+1
=5

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

B&P 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?
B&P Co (TSE:7804) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on B&P Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, B&P Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, B&P Co ranks #405 out of 1015 companies in the Media - Diversified industry, placing it in the top 39.9%.
Is B&P Co's Piotroski F-Score too high?
B&P Co's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. B&P Co's value of 5 is 0% at this industry median. Based on the distribution chart, B&P Co ranks #405 out of 1015 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, B&P Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&P Co's Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, B&P Co ranks #405 out of 1015 companies for Piotroski F-Score. This puts B&P Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. B&P Co's value of 5 is 0% at this benchmark. Historically, B&P Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, B&P 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,015 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. B&P 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 B&P Co and its competitors. For the Media - Diversified 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. B&P Co's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&P Co stock overvalued right now?
Based on GuruFocus' analysis, B&P Co (TSE:7804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,507.41, compared to a current price of 円2,229.00 — trading 11.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Media - Diversified industry median of 5.00. B&P Co's overall GF Score™ is 85/100. 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 B&P Co (TSE:7804), the current Piotroski F-Score is 5 as of Jun. 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 B&P Co (TSE:7804) Overvalued in 2026?

Based on GuruFocus' analysis, B&P Co stock appears to be undervalued. The current stock price of 円2,229.00 is trading 11.1% below its estimated GF Value™ of 円2,507.41. GuruFocus considers B&P Co to be Modestly Undervalued.

Key valuation signals for TSE:7804:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円2,507.41 vs. price of 円2,229.00 (11.1% below fair value)
  • GF Score™: 85/100
  • Industry Position: 0% at the Media - Diversified median (#405 of 1015)

No single metric tells the full story. See the TSE:7804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B&P Co Business Description

Address 6-33, Edohori Fukoku Life Building, 3rd Floor, 550-0002 Osaka Prefecture, Nishi Ward Edohori 2-chome, Tokyo, JPN
B&P Co Ltd is engaged in the production of sign display for sales promotion, large outdoor signs and advertisements, production of building interior, output of interior goods. It is also engaged in proposal work for advertisement planning and production. The Company has reorganized its three business segments, namely, (i) Inkjet Printing Business, (ii) Digital Signage Business, and (iii) Digital Promotion Business, into two business segments, namely, (i) Sales Promotion Business and (ii) Web Promotion Business.
85GF Score

Get the complete analysis for TSE:7804

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

円2,229.00
Price
円2,507.41
GF Value