Mizuho Leasing Co (TSE:8425) Piotroski F-Score: 3 (As of Aug. 03, 2026) — Near Median

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TSE:8425 Mizuho Leasing Co Ltd TSE:8425
76 GF Score
Price 円1,368.00
GF Value 円1,229.56
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mizuho Leasing Co Piotroski F-Score?

Mizuho Leasing Co TSE:8425 +1.71% 76 Piotroski F-Score is 3 as of Aug. 03, 2026, which is at its 10-year median of 3.00. GuruFocus rates TSE:8425 with a GF Score™ of 76/100 and a GF Value™ of 円1,229.56 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 535 Credit Services companies, Mizuho Leasing Co ranks worse than 74.02% 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

Mizuho Leasing 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 Mizuho Leasing Co's Piotroski F-Score or its related term are showing as below:

TSE:8425' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 5
Current: 3

During the past 13 years, the highest Piotroski F-Score of Mizuho Leasing Co was 5. The lowest was 3. And the median was 3.

Mizuho Leasing Co  (TSE:8425) 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.


Mizuho Leasing Co Piotroski F-Score Related Terms


Mizuho Leasing Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mizuho Leasing 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.

Mizuho Leasing Co Piotroski F-Score Chart

Mizuho Leasing 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 3.00 4.00 3.00 3.00 3.00

Mizuho Leasing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 3.00 0.00

TSE:8425 vs V, MA, AXP: Piotroski F-Score Comparison

For the Credit Services subindustry, Mizuho Leasing 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.


Mizuho Leasing Co Piotroski F-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Mizuho Leasing Co's Piotroski F-Score distribution charts can be found below:

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


TSE:8425
76GF Score
Mizuho Leasing Co Ltd TSE:8425
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47,609 Mil.
Cash Flow from Operations was 円-9,060 Mil.
Revenue was 円921,592 Mil.
Gross Profit was 円88,859 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3898061 + 4175256) / 2 = 円4036658.5 Mil.
Total Assets at the begining of this year (Mar25) was 円3,898,061 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,601,546 Mil.
Total Current Assets was 円2,602,449 Mil.
Total Current Liabilities was 円1,986,526 Mil.
Net Income was 円42,038 Mil.

Revenue was 円695,423 Mil.
Gross Profit was 円86,343 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3363336 + 3898061) / 2 = 円3630698.5 Mil.
Total Assets at the begining of last year (Mar24) was 円3,363,336 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,382,242 Mil.
Total Current Assets was 円2,542,515 Mil.
Total Current Liabilities was 円1,991,876 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.

Mizuho Leasing Co's current Net Income (TTM) was 47,609. ==> 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.

Mizuho Leasing Co's current Cash Flow from Operations (TTM) was -9,060. ==> 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 (Mar25)
=47609/3898061
=0.01221351

ROA (Last Year)=Net Income/Total Assets (Mar24)
=42038/3363336
=0.0124989

Mizuho Leasing Co's return on assets of this year was 0.01221351. Mizuho Leasing Co's return on assets of last year was 0.0124989. ==> 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.

Mizuho Leasing Co's current Net Income (TTM) was 47,609. Mizuho Leasing Co's current Cash Flow from Operations (TTM) was -9,060. ==> -9,060 <= 47,609 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=1601546/4036658.5
=0.39675043

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1382242/3630698.5
=0.38070966

Mizuho Leasing Co's gearing of this year was 0.39675043. Mizuho Leasing Co's gearing of last year was 0.38070966. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2602449/1986526
=1.31005031

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2542515/1991876
=1.27644241

Mizuho Leasing Co's current ratio of this year was 1.31005031. Mizuho Leasing Co's current ratio of last year was 1.27644241. ==> 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.

Mizuho Leasing Co's number of shares in issue this year was 280.086. Mizuho Leasing Co's number of shares in issue last year was 272.015. ==> 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
=88859/921592
=0.09641902

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=86343/695423
=0.12415897

Mizuho Leasing Co's gross margin of this year was 0.09641902. Mizuho Leasing Co's gross margin of last year was 0.12415897. ==> 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 (Mar25)
=921592/3898061
=0.23642319

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=695423/3363336
=0.20676584

Mizuho Leasing Co's asset turnover of this year was 0.23642319. Mizuho Leasing Co's asset turnover of last year was 0.20676584. ==> 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+0+1+0+0+1
=3

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

Mizuho Leasing 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?
Mizuho Leasing Co (TSE:8425) has a Piotroski F-Score of 3 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mizuho Leasing Co and its competitors. This is near median its historical median of 3.00. Over the past decade, Mizuho Leasing Co's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, Mizuho Leasing Co ranks #396 out of 535 companies in the Credit Services industry, placing it in the top 74%.
Is Mizuho Leasing Co's Piotroski F-Score too high?
Mizuho Leasing 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 3.00 to a high of 5.00. The Credit Services industry median Piotroski F-Score is 5.00. Mizuho Leasing Co's value of 3 is 40% below this industry median. Based on the distribution chart, Mizuho Leasing Co ranks #396 out of 535 companies in the Credit Services industry, which is below the industry midpoint. Overall, Mizuho Leasing Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuho Leasing Co's Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Mizuho Leasing Co ranks #396 out of 535 companies for Piotroski F-Score. This places Mizuho Leasing Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Mizuho Leasing Co's value of 3 is 40% below this benchmark. Historically, Mizuho Leasing Co's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Mizuho Leasing 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 535 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. Mizuho Leasing 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 Mizuho Leasing Co and its competitors. For the Credit 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. Mizuho Leasing 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 Mizuho Leasing Co stock overvalued right now?
Based on GuruFocus' analysis, Mizuho Leasing Co (TSE:8425) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,229.56, compared to a current price of 円1,368.00 — trading 11.3% above its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Credit Services industry median of 5.00. Mizuho Leasing Co's overall GF Score™ is 76/100 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 Mizuho Leasing Co (TSE:8425), the current Piotroski F-Score is 3 as of Aug. 03, 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 Mizuho Leasing Co (TSE:8425) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuho Leasing Co stock appears to be overvalued. The current stock price of 円1,368.00 is trading 11.3% above its estimated GF Value™ of 円1,229.56. GuruFocus considers Mizuho Leasing Co to be Modestly Overvalued.

Key valuation signals for TSE:8425:

  • Piotroski F-Score: 3 (near median its 10-year median of 3.00)
  • GF Value™: 円1,229.56 vs. price of 円1,368.00 (11.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 40% below the Credit Services median (#396 of 535)

No single metric tells the full story. See the TSE:8425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mizuho Leasing Co Business Description

Other Exchanges LFB:Germany
Address 2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001
Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.
76GF Score

Get the complete analysis for TSE:8425

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

円1,368.00
Price
円1,229.56
GF Value