Kyoei Tanker Co (TSE:9130) Piotroski F-Score: 5 (As of Jul. 14, 2026) — 29% Below Median

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TSE:9130 Kyoei Tanker Co Ltd TSE:9130
61 GF Score
Price 円1,454.00
GF Value 円1,092.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kyoei Tanker Co Piotroski F-Score?

Kyoei Tanker Co TSE:9130 -2.68% 61 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates TSE:9130 with a GF Score™ of 61/100 and a GF Value™ of 円1,092.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Kyoei Tanker Co ranks worse than 52.66% 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

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

TSE:9130' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Kyoei Tanker Co was 8. The lowest was 5. And the median was 7.

Kyoei Tanker Co  (TSE:9130) 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.


Kyoei Tanker Co Piotroski F-Score Related Terms


Kyoei Tanker Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kyoei Tanker 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.

Kyoei Tanker Co Piotroski F-Score Chart

Kyoei Tanker 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 8.00 7.00 6.00 8.00 5.00

Kyoei Tanker 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 6.00 0.00 8.00 0.00 5.00

Kyoei Tanker Co Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Kyoei Tanker 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.


Kyoei Tanker Co Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Kyoei Tanker Co's Piotroski F-Score distribution charts can be found below:

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


TSE:9130
61GF Score
Kyoei Tanker Co Ltd TSE:9130
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414 Mil.
Cash Flow from Operations was 円5,542 Mil.
Revenue was 円15,510 Mil.
Gross Profit was 円2,455 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (77291.307 + 77437.542) / 2 = 円77364.4245 Mil.
Total Assets at the begining of this year (Mar25) was 円77,291 Mil.
Long-Term Debt & Capital Lease Obligation was 円33,255 Mil.
Total Current Assets was 円8,424 Mil.
Total Current Liabilities was 円14,236 Mil.
Net Income was 円5,112 Mil.

Revenue was 円15,160 Mil.
Gross Profit was 円2,502 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (70528.044 + 77291.307) / 2 = 円73909.6755 Mil.
Total Assets at the begining of last year (Mar24) was 円70,528 Mil.
Long-Term Debt & Capital Lease Obligation was 円36,111 Mil.
Total Current Assets was 円10,649 Mil.
Total Current Liabilities was 円10,905 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.

Kyoei Tanker Co's current Net Income (TTM) was 414. ==> 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.

Kyoei Tanker Co's current Cash Flow from Operations (TTM) was 5,542. ==> 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)
=414.48/77291.307
=0.00536257

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5111.725/70528.044
=0.07247791

Kyoei Tanker Co's return on assets of this year was 0.00536257. Kyoei Tanker Co's return on assets of last year was 0.07247791. ==> 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.

Kyoei Tanker Co's current Net Income (TTM) was 414. Kyoei Tanker Co's current Cash Flow from Operations (TTM) was 5,542. ==> 5,542 > 414 ==> 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
=33254.785/77364.4245
=0.42984596

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=36111.136/73909.6755
=0.48858469

Kyoei Tanker Co's gearing of this year was 0.42984596. Kyoei Tanker Co's gearing of last year was 0.48858469. ==> 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
=8424.012/14235.518
=0.59176013

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=10648.605/10905.223
=0.97646834

Kyoei Tanker Co's current ratio of this year was 0.59176013. Kyoei Tanker Co's current ratio of last year was 0.97646834. ==> 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.

Kyoei Tanker Co's number of shares in issue this year was 7.647. Kyoei Tanker Co's number of shares in issue last year was 7.648. ==> 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
=2455.289/15509.566
=0.15830804

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2502.479/15160.07
=0.16507041

Kyoei Tanker Co's gross margin of this year was 0.15830804. Kyoei Tanker Co's gross margin of last year was 0.16507041. ==> 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)
=15509.566/77291.307
=0.20066378

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=15160.07/70528.044
=0.21495095

Kyoei Tanker Co's asset turnover of this year was 0.20066378. Kyoei Tanker Co's asset turnover of last year was 0.21495095. ==> 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+0+1+0+0
=5

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

Kyoei Tanker Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Kyoei Tanker Co (TSE:9130) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kyoei Tanker Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Kyoei Tanker Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Kyoei Tanker Co ranks #515 out of 978 companies in the Transportation industry, placing it in the top 52.7%.
Is Kyoei Tanker Co's Piotroski F-Score too high?
Kyoei Tanker Co's 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 5.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Kyoei Tanker Co's value of 5 is 16.7% below this industry median. Based on the distribution chart, Kyoei Tanker Co ranks #515 out of 978 companies in the Transportation industry, which is below the industry midpoint. Overall, Kyoei Tanker Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyoei Tanker Co's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Kyoei Tanker Co ranks #515 out of 978 companies for Piotroski F-Score. This places Kyoei Tanker Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Kyoei Tanker Co's value of 5 is 16.7% below this benchmark. Historically, Kyoei Tanker Co'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 7.00 vs. the industry median of 6.00, Kyoei Tanker 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Kyoei Tanker Co's current Piotroski F-Score of 5 is 16.7% 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 Kyoei Tanker Co and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoei Tanker Co'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 Kyoei Tanker Co stock overvalued right now?
Based on GuruFocus' analysis, Kyoei Tanker Co (TSE:9130) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,092.19, compared to a current price of 円1,454.00 — trading 33.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 16.7% below the Transportation industry median of 6.00. Kyoei Tanker Co's overall GF Score™ is 61/100 with 5 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 Kyoei Tanker Co (TSE:9130), the current Piotroski F-Score is 5 as of Jul. 14, 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 Kyoei Tanker Co (TSE:9130) Overvalued in 2026?

Based on GuruFocus' analysis, Kyoei Tanker Co stock appears to be overvalued. The current stock price of 円1,454.00 is trading 33.1% above its estimated GF Value™ of 円1,092.19. GuruFocus considers Kyoei Tanker Co to be Significantly Overvalued.

Key valuation signals for TSE:9130:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: 円1,092.19 vs. price of 円1,454.00 (33.1% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 16.7% below the Transportation median (#515 of 978)

No single metric tells the full story. See the TSE:9130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyoei Tanker Co Business Description

Address 3-2-6 Mita, Minato-ku, G Square Mita 4th floor, Tokyo, JPN, 108-0073
Kyoei Tanker Co Ltd is a Japan-based company engages in the shipping business. It provides shipping, shipping agency, and brokerage, seamen's dispatch, warehousing, and non-life insurance agency services, as well as real estate, building lease, and estate agency services. It is also engaged in lending, guarantee and investment related activities.
61GF Score

Get the complete analysis for TSE:9130

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

円1,454.00
Price
円1,092.19
GF Value