Crossfor Co (TSE:7810) Piotroski F-Score: 3 (As of Jul. 16, 2026) — Near Median

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TSE:7810 Crossfor Co Ltd TSE:7810
67 GF Score
Price 円161.00
GF Value 円181.85
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Crossfor Co Piotroski F-Score?

Crossfor Co TSE:7810 +1.26% 67 Piotroski F-Score is 3 as of Jul. 16, 2026, which is at its 10-year median of 3.00. GuruFocus rates TSE:7810 with a GF Score™ of 67/100 and a GF Value™ of 円181.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Crossfor Co ranks worse than 86.9% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Crossfor Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Crossfor Co's Piotroski F-Score or its related term are showing as below:

TSE:7810' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 7
Current: 3

During the past 11 years, the highest Piotroski F-Score of Crossfor Co was 7. The lowest was 2. And the median was 3.

Crossfor Co  (TSE:7810) 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.


Crossfor Co Piotroski F-Score Related Terms


Crossfor Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Crossfor 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.

Crossfor Co Piotroski F-Score Chart

Crossfor Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 2.00 7.00 3.00

Crossfor Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.00 0.00 0.00 0.00

TSE:7810 vs TPR: Piotroski F-Score Comparison

For the Luxury Goods subindustry, Crossfor 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.


Crossfor Co Piotroski F-Score vs Retail - Cyclical Industry

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

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


TSE:7810
67GF Score
Crossfor Co Ltd TSE:7810
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 (Jul25) TTM:Last Year (Jul24) TTM:
Net Income was 円22 Mil.
Cash Flow from Operations was 円-126 Mil.
Revenue was 円3,757 Mil.
Gross Profit was 円1,187 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (5218.136 + 5057.989) / 2 = 円5138.0625 Mil.
Total Assets at the begining of this year (Jul24) was 円5,218 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,502 Mil.
Total Current Assets was 円3,587 Mil.
Total Current Liabilities was 円1,748 Mil.
Net Income was 円28 Mil.

Revenue was 円3,414 Mil.
Gross Profit was 円1,140 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (5259.654 + 5218.136) / 2 = 円5238.895 Mil.
Total Assets at the begining of last year (Jul23) was 円5,260 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,878 Mil.
Total Current Assets was 円3,603 Mil.
Total Current Liabilities was 円1,546 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.

Crossfor Co's current Net Income (TTM) was 22. ==> 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.

Crossfor Co's current Cash Flow from Operations (TTM) was -126. ==> Negative ==> Score 0.

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 (Jul24)
=22.093/5218.136
=0.00423389

ROA (Last Year)=Net Income/Total Assets (Jul23)
=28.391/5259.654
=0.00539788

Crossfor Co's return on assets of this year was 0.00423389. Crossfor Co's return on assets of last year was 0.00539788. ==> 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.

Crossfor Co's current Net Income (TTM) was 22. Crossfor Co's current Cash Flow from Operations (TTM) was -126. ==> -126 <= 22 ==> 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: Jul25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul24 to Jul25
=1501.574/5138.0625
=0.29224518

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=1877.528/5238.895
=0.35838245

Crossfor Co's gearing of this year was 0.29224518. Crossfor Co's gearing of last year was 0.35838245. ==> 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: Jul25)=Total Current Assets/Total Current Liabilities
=3587.347/1748.153
=2.05207839

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=3603.377/1545.934
=2.33087376

Crossfor Co's current ratio of this year was 2.05207839. Crossfor Co's current ratio of last year was 2.33087376. ==> 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.

Crossfor Co's number of shares in issue this year was 17.044. Crossfor Co's number of shares in issue last year was 17.001. ==> 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
=1186.727/3757.259
=0.31584913

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1140.343/3413.982
=0.33402139

Crossfor Co's gross margin of this year was 0.31584913. Crossfor Co's gross margin of last year was 0.33402139. ==> 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 (Jul24)
=3757.259/5218.136
=0.72003853

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=3413.982/5259.654
=0.6490887

Crossfor Co's asset turnover of this year was 0.72003853. Crossfor Co's asset turnover of last year was 0.6490887. ==> 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+0+0+0+1+0+0+0+1
=3

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

Crossfor Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Crossfor Co (TSE:7810) has a Piotroski F-Score of 3 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Crossfor Co and its competitors. This is near median its historical median of 3.00. Over the past decade, Crossfor Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Crossfor Co ranks #955 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 86.9%.
Is Crossfor Co's Piotroski F-Score too high?
Crossfor Co's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Crossfor Co's value of 3 is 50% below this industry median. Based on the distribution chart, Crossfor Co ranks #955 out of 1099 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Crossfor Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crossfor Co's Piotroski F-Score compare to TPR?
According to the Retail - Cyclical industry distribution chart, Crossfor Co ranks #955 out of 1099 companies for Piotroski F-Score. This places Crossfor Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Crossfor Co's value of 3 is 50% below this benchmark. Historically, Crossfor Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Crossfor 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 - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,099 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. Crossfor Co's current Piotroski F-Score of 3 is 50% 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 Crossfor Co and its competitors. For the Retail - Cyclical 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. Crossfor Co's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crossfor Co stock overvalued right now?
Based on GuruFocus' analysis, Crossfor Co (TSE:7810) is currently considered Modestly Undervalued. The stock's GF Value™ is 円181.85, compared to a current price of 円161.00 — trading 11.5% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 50% below the Retail - Cyclical industry median of 6.00. Crossfor Co's overall GF Score™ is 67/100 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 Crossfor Co (TSE:7810), the current Piotroski F-Score is 3 as of Jul. 16, 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 Crossfor Co (TSE:7810) Overvalued in 2026?

Based on GuruFocus' analysis, Crossfor Co stock appears to be undervalued. The current stock price of 円161.00 is trading 11.5% below its estimated GF Value™ of 円181.85. GuruFocus considers Crossfor Co to be Modestly Undervalued.

Key valuation signals for TSE:7810:

  • Piotroski F-Score: 3 (near median its 10-year median of 3.00)
  • GF Value™: 円181.85 vs. price of 円161.00 (11.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 50% below the Retail - Cyclical median (#955 of 1099)

No single metric tells the full story. See the TSE:7810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crossfor Co Business Description

Address 11-4, Kokubo 7-chome, Yamanashi Prefecture, Kofu, JPN, 400-0043
Crossfor Co Ltd is engaged in wholesaling, manufacturing, and developing jewelry and other accessories. It produces necklaces, bracelets, watches, clocks, and other products.
67GF Score

Get the complete analysis for TSE:7810

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

円161.00
Price
円181.85
GF Value