ITOCHUTSE:8001 +0.87%83 Piotroski F-Score is 7 as of Jun. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:8001 with a GF Score™ of 83/100 and a GF Value™ of 円1,566.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 555 Conglomerates companies, ITOCHU ranks better than 89.55% 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
ITOCHU 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 ITOCHU's Piotroski F-Score or its related term are showing as below:
TSE:8001'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of ITOCHU was 8. The lowest was 5. And the median was 6.
ITOCHU (TSE:8001) 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.
ITOCHU Piotroski F-Score Related Terms
ITOCHU Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ITOCHU'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:8001 vs HON, MMM: Piotroski F-Score Comparison
For the Conglomerates subindustry, ITOCHU'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.
ITOCHU Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ITOCHU's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ITOCHU'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 283939 + 216341 + 205017 + 194986 = 円900,283 Mil. Cash Flow from Operations was 245502 + 363743 + 109414 + 413178 = 円1,131,837 Mil. Revenue was 3558933 + 3690226 + 3737092 + 3836836 = 円14,823,087 Mil. Gross Profit was 595362 + 614242 + 616204 + 654724 = 円2,480,532 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(15134264 + 15178101 + 15585953 + 16552651 + 16732815) / 5 = 円15836756.8 Mil. Total Assets at the begining of this year (Mar25) was 円15,134,264 Mil. Long-Term Debt & Capital Lease Obligation was 円3,768,832 Mil. Total Current Assets was 円6,270,085 Mil. Total Current Liabilities was 円4,764,094 Mil.
Net Income was 206601 + 231841 + 238034 + 203775 = 円880,251 Mil.
Revenue was 3598918 + 3692389 + 3748140 + 3684787 = 円14,724,234 Mil. Gross Profit was 588625 + 577897 + 604456 + 605478 = 円2,376,456 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(14489701 + 0 + 14388933 + 15742584 + 15134264) / 5 = 円14938870.5 Mil. Total Assets at the begining of last year (Mar24) was 円14,489,701 Mil. Long-Term Debt & Capital Lease Obligation was 円3,559,262 Mil. Total Current Assets was 円5,723,799 Mil. Total Current Liabilities was 円4,486,584 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.
ITOCHU's current Net Income (TTM) was 900,283.
==> 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.
ITOCHU's current ratio of this year was 1.31611278. ITOCHU's current ratio of last year was 1.2757588.
==> 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.
ITOCHU's number of shares in issue this year was 7033.471. ITOCHU's number of shares in issue last year was 7149.008.
==> 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.
ITOCHU's gross margin of this year was 0.16734247. ITOCHU's gross margin of last year was 0.1613976.
==> 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
ITOCHU's asset turnover of this year was 0.97943891. ITOCHU's asset turnover of last year was 1.01618619.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ITOCHU has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
ITOCHU (TSE:8001) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ITOCHU and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, ITOCHU's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, ITOCHU ranks #58 out of 555 companies in the Conglomerates industry, placing it in the top 10.5%.
Is ITOCHU's Piotroski F-Score too high?
ITOCHU'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 5.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. ITOCHU's value of 7 is 40% above this industry median. Based on the distribution chart, ITOCHU ranks #58 out of 555 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, ITOCHU has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITOCHU's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, ITOCHU ranks #58 out of 555 companies for Piotroski F-Score. This places ITOCHU in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ITOCHU's value of 7 is 40% above this benchmark. Historically, ITOCHU'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 6.00 vs. the industry median of 5.00, ITOCHU 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. ITOCHU'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 ITOCHU and its competitors. For the Conglomerates 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. ITOCHU'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 ITOCHU stock overvalued right now?
Based on GuruFocus' analysis, ITOCHU (TSE:8001) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,566.88, compared to a current price of 円1,849.50 — trading 18% above 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 Conglomerates industry median of 5.00. ITOCHU's overall GF Score™ is 83/100 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 ITOCHU (TSE:8001), the current Piotroski F-Score is 7 as of Jun. 29, 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 ITOCHU (TSE:8001) Overvalued in 2026?
Based on GuruFocus' analysis, ITOCHU stock appears to be overvalued.
The current stock price of 円1,849.50 is trading 18% above its estimated GF Value™ of 円1,566.88.
GuruFocus considers ITOCHU to be Modestly Overvalued.
Key valuation signals for TSE:8001:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: 円1,566.88 vs. price of 円1,849.50 (18% above fair value)
Industry Position: 40% above the Conglomerates median (#58 of 555)
No single metric tells the full story. See the TSE:8001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itochu is a general trading house, or sogo shosha, a conglomerate type unique to Japan. The primary driver for sogo shoshas is trading and intermediation between businesses and leveraging their wide domestic and global information and contact networks to extract value. Itochu has historical roots as a textile trader, but over the years has expanded its portfolio from upstream minerals production, to midstream industrial machinery, food processing, and information and communication technology, and all the way to downstream textiles, convenience stores (Family Mart) and realty. Among the Big Five sogo shoshas, Itochu has the highest exposure to the nonresources businesses, and to the domestic business. It continues to skew its future investments toward the downstream and consumer businesses.
83GF Score
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