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Ricoh Leasing CoTSE:8566 -2.53%74 Piotroski F-Score is 3 as of Aug. 04, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates TSE:8566 with a GF Score™ of 74/100 and a GF Value™ of 円5,874.34 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 535 Credit Services companies, Ricoh 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
Ricoh 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 Ricoh Leasing Co's Piotroski F-Score or its related term are showing as below:
TSE:8566'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 3
During the past 13 years, the highest Piotroski F-Score of Ricoh Leasing Co was 6. The lowest was 3. And the median was 4.
Ricoh Leasing Co (TSE:8566) 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.
Ricoh Leasing Co Piotroski F-Score Related Terms
Ricoh Leasing Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Ricoh 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.
TSE:8566 vs V, MA, AXP: Piotroski F-Score Comparison
For the Credit Services subindustry, Ricoh 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.
Ricoh Leasing Co Piotroski F-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Ricoh Leasing 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.
Ricoh Leasing Co's current Net Income (TTM) was 12,821.
==> 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.
Ricoh Leasing Co's return on assets of this year was 0.00931616. Ricoh Leasing Co's return on assets of last year was 0.01255376.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Ricoh Leasing Co's gearing of this year was 0.58933047. Ricoh Leasing Co's gearing of last year was 0.61070552.
==> 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
Ricoh Leasing Co's current ratio of this year was 3.22259121. Ricoh Leasing Co's current ratio of last year was 3.45009585.
==> 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.
Ricoh Leasing Co's number of shares in issue this year was 30.824. Ricoh Leasing Co's number of shares in issue last year was 30.824.
==> 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.
Ricoh Leasing Co's gross margin of this year was 0.14817517. Ricoh Leasing Co's gross margin of last year was 0.15551839.
==> 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
Ricoh Leasing Co's asset turnover of this year was 0.24602259. Ricoh Leasing Co's asset turnover of last year was 0.25027019.
==> 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
Ricoh Leasing Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Ricoh Leasing Co (TSE:8566) has a Piotroski F-Score of 3 as of Aug. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ricoh Leasing Co and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Ricoh Leasing Co's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Ricoh Leasing Co ranks #396 out of 535 companies in the Credit Services industry, placing it in the top 74%.
Is Ricoh Leasing Co's Piotroski F-Score too high?
Ricoh Leasing Co's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Credit Services industry median Piotroski F-Score is 5.00. Ricoh Leasing Co's value of 3 is 40% below this industry median. Based on the distribution chart, Ricoh Leasing Co ranks #396 out of 535 companies in the Credit Services industry, which is below the industry midpoint. Overall, Ricoh Leasing Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ricoh Leasing Co's Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Ricoh Leasing Co ranks #396 out of 535 companies for Piotroski F-Score. This places Ricoh Leasing Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Ricoh Leasing Co's value of 3 is 40% below this benchmark. Historically, Ricoh Leasing 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 4.00 vs. the industry median of 5.00, Ricoh 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. Ricoh 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 Ricoh 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. Ricoh Leasing Co's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ricoh Leasing Co stock overvalued right now?
Based on GuruFocus' analysis, Ricoh Leasing Co (TSE:8566) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,874.34, compared to a current price of 円6,550.00 — trading 11.5% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Credit Services industry median of 5.00. Ricoh Leasing Co's overall GF Score™ is 74/100 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 Ricoh Leasing Co (TSE:8566), the current Piotroski F-Score is 3 as of Aug. 04, 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 Ricoh Leasing Co (TSE:8566) Overvalued in 2026?
Based on GuruFocus' analysis, Ricoh Leasing Co stock appears to be overvalued.
The current stock price of 円6,550.00 is trading 11.5% above its estimated GF Value™ of 円5,874.34.
GuruFocus considers Ricoh Leasing Co to be Modestly Overvalued.
Key valuation signals for TSE:8566:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: 円5,874.34 vs. price of 円6,550.00 (11.5% above fair value)
Industry Position: 40% below the Credit Services median (#396 of 535)
No single metric tells the full story. See the TSE:8566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ricoh Leasing Co Ltd has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.
74GF Score
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