Kawase Computer Supplies Co (TSE:7851) Piotroski F-Score: 7 (As of Jul. 18, 2026) — 17% Above Median

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TSE:7851 Kawase Computer Supplies Co Ltd TSE:7851
53 GF Score
Price 円185.00
GF Value 円248.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Kawase Computer Supplies Co Piotroski F-Score?

Kawase Computer Supplies Co TSE:7851 -1.60% 53 Piotroski F-Score is 7 as of Jul. 18, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:7851 with a GF Score™ of 53/100 and a GF Value™ of 円248.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,066 Business Services companies, Kawase Computer Supplies Co ranks better than 88.74% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Kawase Computer Supplies Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:7851' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Kawase Computer Supplies Co was 8. The lowest was 3. And the median was 6.

Kawase Computer Supplies Co  (TSE:7851) 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.


Kawase Computer Supplies Co Piotroski F-Score Related Terms


Kawase Computer Supplies Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kawase Computer Supplies 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.

Kawase Computer Supplies Co Piotroski F-Score Chart

Kawase Computer Supplies Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 3.00 5.00 8.00 7.00

Kawase Computer Supplies Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 8.00 0.00 7.00

TSE:7851 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Kawase Computer Supplies 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.


Kawase Computer Supplies Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Kawase Computer Supplies Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7851
53GF Score
Kawase Computer Supplies Co Ltd TSE:7851
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67 Mil.
Cash Flow from Operations was 円244 Mil.
Revenue was 円2,797 Mil.
Gross Profit was 円732 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3421.763 + 3435.948) / 2 = 円3428.8555 Mil.
Total Assets at the begining of this year (Mar25) was 円3,422 Mil.
Long-Term Debt & Capital Lease Obligation was 円140 Mil.
Total Current Assets was 円1,600 Mil.
Total Current Liabilities was 円679 Mil.
Net Income was 円100 Mil.

Revenue was 円2,831 Mil.
Gross Profit was 円735 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3448.956 + 3421.763) / 2 = 円3435.3595 Mil.
Total Assets at the begining of last year (Mar24) was 円3,449 Mil.
Long-Term Debt & Capital Lease Obligation was 円198 Mil.
Total Current Assets was 円1,636 Mil.
Total Current Liabilities was 円713 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.

Kawase Computer Supplies Co's current Net Income (TTM) was 67. ==> 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.

Kawase Computer Supplies Co's current Cash Flow from Operations (TTM) was 244. ==> 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)
=66.992/3421.763
=0.01957821

ROA (Last Year)=Net Income/Total Assets (Mar24)
=100.114/3448.956
=0.02902733

Kawase Computer Supplies Co's return on assets of this year was 0.01957821. Kawase Computer Supplies Co's return on assets of last year was 0.02902733. ==> 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.

Kawase Computer Supplies Co's current Net Income (TTM) was 67. Kawase Computer Supplies Co's current Cash Flow from Operations (TTM) was 244. ==> 244 > 67 ==> 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
=139.851/3428.8555
=0.0407865

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=197.678/3435.3595
=0.05754216

Kawase Computer Supplies Co's gearing of this year was 0.0407865. Kawase Computer Supplies Co's gearing of last year was 0.05754216. ==> 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
=1600.108/678.5
=2.35830214

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1635.638/712.93
=2.29424768

Kawase Computer Supplies Co's current ratio of this year was 2.35830214. Kawase Computer Supplies Co's current ratio of last year was 2.29424768. ==> 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.

Kawase Computer Supplies Co's number of shares in issue this year was 4.691. Kawase Computer Supplies Co's number of shares in issue last year was 4.693. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=732.114/2797.085
=0.26174178

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=735.168/2831.27
=0.25966015

Kawase Computer Supplies Co's gross margin of this year was 0.26174178. Kawase Computer Supplies Co's gross margin of last year was 0.25966015. ==> This year's gross margin is higher. ==> Score 1.

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)
=2797.085/3421.763
=0.81743972

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2831.27/3448.956
=0.82090638

Kawase Computer Supplies Co's asset turnover of this year was 0.81743972. Kawase Computer Supplies Co's asset turnover of last year was 0.82090638. ==> 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+1+1+0
=7

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

Kawase Computer Supplies Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Kawase Computer Supplies Co (TSE:7851) has a Piotroski F-Score of 7 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kawase Computer Supplies Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Kawase Computer Supplies Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Kawase Computer Supplies Co ranks #120 out of 1066 companies in the Business Services industry, placing it in the top 11.3%.
Is Kawase Computer Supplies Co's Piotroski F-Score too high?
Kawase Computer Supplies Co's current Piotroski F-Score of 7 is 17% above 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 8.00. The Business Services industry median Piotroski F-Score is 5.00. Kawase Computer Supplies Co's value of 7 is 40% above this industry median. Based on the distribution chart, Kawase Computer Supplies Co ranks #120 out of 1066 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kawase Computer Supplies Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kawase Computer Supplies Co's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Kawase Computer Supplies Co ranks #120 out of 1066 companies for Piotroski F-Score. This places Kawase Computer Supplies Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kawase Computer Supplies Co's value of 7 is 40% above this benchmark. Historically, Kawase Computer Supplies Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kawase Computer Supplies Co has consistently been above 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,066 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. Kawase Computer Supplies Co's current Piotroski F-Score of 7 is 40% above 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 Kawase Computer Supplies Co and its competitors. For the Business Services 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. Kawase Computer Supplies Co's current Piotroski F-Score is 7, which is 17% above 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 Kawase Computer Supplies Co stock overvalued right now?
Based on GuruFocus' analysis, Kawase Computer Supplies Co (TSE:7851) is currently considered Modestly Undervalued. The stock's GF Value™ is 円248.49, compared to a current price of 円185.00 — trading 25.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Business Services industry median of 5.00. Kawase Computer Supplies Co's overall GF Score™ is 53/100 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 Kawase Computer Supplies Co (TSE:7851), the current Piotroski F-Score is 7 as of Jul. 18, 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 Kawase Computer Supplies Co (TSE:7851) Overvalued in 2026?

Based on GuruFocus' analysis, Kawase Computer Supplies Co stock appears to be undervalued. The current stock price of 円185.00 is trading 25.6% below its estimated GF Value™ of 円248.49. GuruFocus considers Kawase Computer Supplies Co to be Modestly Undervalued.

Key valuation signals for TSE:7851:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円248.49 vs. price of 円185.00 (25.6% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 40% above the Business Services median (#120 of 1066)

No single metric tells the full story. See the TSE:7851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawase Computer Supplies Co Business Description

Other Exchanges 7851:Japan
Address Chuo-Ku, 2-4-10 Imabashi Imaihashi Building, Osaka, JPN, 541-0042
Kawase Computer Supplies Co Ltd provides comprehensive Business Process Outsourcing service through print communication. It's business include data printing service, variable printing, cloud information processing, business form, web to print solution. It provides information processing products and services in Japan. It also offers business forms and paper products for computers as well as sells office equipment and related ancillary services.
53GF Score

Get the complete analysis for TSE:7851

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

円185.00
Price
円248.49
GF Value