Sotetsu HoldingsTSE:9003 +1.08%78 Piotroski F-Score is 5 as of Jun. 30, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:9003 with a GF Score™ of 78/100 and a GF Value™ of 円2,916.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 555 Conglomerates companies, Sotetsu Holdings ranks better than 50.99% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sotetsu Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Sotetsu Holdings's Piotroski F-Score or its related term are showing as below:
TSE:9003'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Sotetsu Holdings was 8. The lowest was 4. And the median was 7.
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.
Sotetsu Holdings Piotroski F-Score Related Terms
Sotetsu Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sotetsu Holdings'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:9003 vs HON, MMM: Piotroski F-Score Comparison
For the Conglomerates subindustry, Sotetsu Holdings'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.
Sotetsu Holdings Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Sotetsu Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sotetsu Holdings'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.
Sotetsu Holdings's current Net Income (TTM) was 24,848.
==> 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.
Sotetsu Holdings's return on assets of this year was 0.03281286. Sotetsu Holdings's return on assets of last year was 0.03132168.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sotetsu Holdings's gearing of this year was 0.49433604. Sotetsu Holdings's gearing of last year was 0.47864967.
==> 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
Sotetsu Holdings's current ratio of this year was 1.26053459. Sotetsu Holdings's current ratio of last year was 0.98302227.
==> 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.
Sotetsu Holdings's number of shares in issue this year was 96.102. Sotetsu Holdings's number of shares in issue last year was 97.918.
==> 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.
Sotetsu Holdings's gross margin of this year was 0.37090502. Sotetsu Holdings's gross margin of last year was 0.37140716.
==> 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
Sotetsu Holdings's asset turnover of this year was 0.40616218. Sotetsu Holdings's asset turnover of last year was 0.40842178.
==> 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
+
1
+
0
+
0
+
1
+
1
+
0
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sotetsu Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Sotetsu Holdings (TSE:9003) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sotetsu Holdings and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Sotetsu Holdings' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Sotetsu Holdings ranks #272 out of 555 companies in the Conglomerates industry, placing it in the top 49%.
Is Sotetsu Holdings' Piotroski F-Score too high?
Sotetsu Holdings' current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. Sotetsu Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Sotetsu Holdings ranks #272 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Sotetsu Holdings has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sotetsu Holdings' Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sotetsu Holdings ranks #272 out of 555 companies for Piotroski F-Score. This puts Sotetsu Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sotetsu Holdings' value of 5 is 0% at this benchmark. Historically, Sotetsu Holdings' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Sotetsu Holdings has consistently been at 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. Sotetsu Holdings's current Piotroski F-Score of 5 is 0% at 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 Sotetsu Holdings 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. Sotetsu Holdings's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sotetsu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sotetsu Holdings (TSE:9003) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,916.75, compared to a current price of 円2,475.00 — trading 15.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Conglomerates industry median of 5.00. Sotetsu Holdings' overall GF Score™ is 78/100 with 3 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 Sotetsu Holdings (TSE:9003), the current Piotroski F-Score is 5 as of Jun. 30, 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 Sotetsu Holdings (TSE:9003) Overvalued in 2026?
Based on GuruFocus' analysis, Sotetsu Holdings stock appears to be undervalued.
The current stock price of 円2,475.00 is trading 15.1% below its estimated GF Value™ of 円2,916.75.
GuruFocus considers Sotetsu Holdings to be Modestly Undervalued.
Key valuation signals for TSE:9003:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: 円2,916.75 vs. price of 円2,475.00 (15.1% below fair value)
Industry Position: 0% at the Conglomerates median (#272 of 555)
No single metric tells the full story. See the TSE:9003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sotetsu Holdings Inc is a Japanese operator of railway trains and busses. Next to the core business of transporting people and freight, the company operates a real estate business selling and leasing real estate and offers construction works and building maintenance services. Other business ventures include golf courses, hotels, and travel agents.
78GF Score
Get the complete analysis for TSE:9003
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:9003 has been successfully added to your 
