Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nihon Flush CoTSE:7820 -0.83%61 Piotroski F-Score is 3 as of Jul. 17, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates TSE:7820 with a GF Score™ of 61/100 and a GF Value™ of 円790.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,731 Construction companies, Nihon Flush Co ranks worse than 82.09% 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
Nihon Flush 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 Nihon Flush Co's Piotroski F-Score or its related term are showing as below:
TSE:7820'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 3
During the past 13 years, the highest Piotroski F-Score of Nihon Flush Co was 6. The lowest was 3. And the median was 5.
Nihon Flush Co (TSE:7820) 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.
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.
Nihon Flush Co Piotroski F-Score Related Terms
Nihon Flush Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nihon Flush 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.
TSE:7820 vs TT, JCI, CARR: Piotroski F-Score Comparison
For the Building Products & Equipment subindustry, Nihon Flush 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.
Nihon Flush Co Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Nihon Flush Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nihon Flush Co's Piotroski F-Score falls into.
* 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.
*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.
Nihon Flush Co's current Net Income (TTM) was -2,792.
==> Negative ==> Score 0.
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.
Nihon Flush Co's return on assets of this year was -0.06212165. Nihon Flush Co's return on assets of last year was 0.03048878.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nihon Flush Co's current ratio of this year was 2.50129124. Nihon Flush Co's current ratio of last year was 2.69903421.
==> 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.
Nihon Flush Co's number of shares in issue this year was 22.756. Nihon Flush Co's number of shares in issue last year was 23.718.
==> 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.
Nihon Flush Co's gross margin of this year was 0.23762707. Nihon Flush Co's gross margin of last year was 0.24961306.
==> 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
Nihon Flush Co's asset turnover of this year was 0.53338161. Nihon Flush Co's asset turnover of last year was 0.5940735.
==> 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
=
0
+
1
+
0
+
1
+
0
+
0
+
1
+
0
+
0
=
3
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nihon Flush Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Nihon Flush Co (TSE:7820) has a Piotroski F-Score of 3 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nihon Flush Co and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Nihon Flush Co's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Nihon Flush Co ranks #1421 out of 1731 companies in the Construction industry, placing it in the top 82.1%.
Is Nihon Flush Co's Piotroski F-Score too high?
Nihon Flush Co's current Piotroski F-Score of 3 is 40% below 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 6.00. The Construction industry median Piotroski F-Score is 5.00. Nihon Flush Co's value of 3 is 40% below this industry median. Based on the distribution chart, Nihon Flush Co ranks #1421 out of 1731 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Nihon Flush Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Flush Co's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Nihon Flush Co ranks #1421 out of 1731 companies for Piotroski F-Score. This places Nihon Flush Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Nihon Flush Co's value of 3 is 40% below this benchmark. Historically, Nihon Flush Co's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Nihon Flush 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Nihon Flush Co's current Piotroski F-Score of 3 is 40% 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 Nihon Flush Co and its competitors. For the Construction 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. Nihon Flush Co's current Piotroski F-Score is 3, which is 40% below 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 Nihon Flush Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Flush Co (TSE:7820) is currently considered Fairly Valued. The stock's GF Value™ is 円790.41, compared to a current price of 円718.00 — trading 9.2% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Construction industry median of 5.00. Nihon Flush Co's overall GF Score™ is 61/100 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 Nihon Flush Co (TSE:7820), the current Piotroski F-Score is 3 as of Jul. 17, 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 Nihon Flush Co (TSE:7820) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Flush Co stock appears to be undervalued.
The current stock price of 円718.00 is trading 9.2% below its estimated GF Value™ of 円790.41.
GuruFocus considers Nihon Flush Co to be Fairly Valued.
Key valuation signals for TSE:7820:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: 円790.41 vs. price of 円718.00 (9.2% below fair value)
Industry Position: 40% below the Construction median (#1421 of 1731)
No single metric tells the full story. See the TSE:7820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Flush Co Ltd is mainly engaged in the manufacture and sale of interior system components such as interior doors, decorative fittings, furniture and kitchenware, decorative construction materials, and storage boxes. It also provides installation and construction services related to its products. The group is composed of the following geographical segments: China, which is its key revenue-generating market, and Japan.
61GF Score
Get the complete analysis for TSE:7820
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7820 has been successfully added to your 
