CUC (TSE:9158) Piotroski F-Score: 6 (As of Jul. 02, 2026) — 20% Above Median


TSE:9158 CUC Inc TSE:9158
73 GF Score
Price 円793.00
GF Value 円2,242.91
Valuation Possible Value Trap
! 5 Warning Signs
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What is CUC Piotroski F-Score?

CUC TSE:9158 +1.28% 73 Piotroski F-Score is 6 as of Jul. 02, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:9158 with a GF Score™ of 73/100 and a GF Value™ of 円2,242.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 651 Healthcare Providers & Services companies, CUC ranks better than 74.65% 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

CUC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for CUC's Piotroski F-Score or its related term are showing as below:

TSE:9158' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 7 years, the highest Piotroski F-Score of CUC was 8. The lowest was 2. And the median was 5.

CUC  (TSE:9158) 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.


CUC Piotroski F-Score Related Terms


CUC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CUC'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.

CUC Piotroski F-Score Chart

CUC Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 8.00 2.00 5.00 3.00 6.00

CUC Semi-Annual Data
Mar20 Mar21 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 5.00 N/A 3.00 3.00 6.00

TSE:9158 vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, CUC'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.


CUC Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CUC's Piotroski F-Score distribution charts can be found below:

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


TSE:9158
73GF Score
CUC Inc TSE:9158
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2,854 Mil.
Cash Flow from Operations was 円5,706 Mil.
Revenue was 円54,353 Mil.
Gross Profit was 円25,413 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (85167 + 98054) / 2 = 円91610.5 Mil.
Total Assets at the begining of this year (Mar25) was 円85,167 Mil.
Long-Term Debt & Capital Lease Obligation was 円45,705 Mil.
Total Current Assets was 円30,132 Mil.
Total Current Liabilities was 円14,840 Mil.
Net Income was 円3,131 Mil.

Revenue was 円47,043 Mil.
Gross Profit was 円23,172 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (62836 + 85167) / 2 = 円74001.5 Mil.
Total Assets at the begining of last year (Mar24) was 円62,836 Mil.
Long-Term Debt & Capital Lease Obligation was 円37,963 Mil.
Total Current Assets was 円20,520 Mil.
Total Current Liabilities was 円13,446 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.

CUC's current Net Income (TTM) was 2,854. ==> 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.

CUC's current Cash Flow from Operations (TTM) was 5,706. ==> 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)
=2854/85167
=0.03351063

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3131/62836
=0.04982812

CUC's return on assets of this year was 0.03351063. CUC's return on assets of last year was 0.04982812. ==> 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.

CUC's current Net Income (TTM) was 2,854. CUC's current Cash Flow from Operations (TTM) was 5,706. ==> 5,706 > 2,854 ==> 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
=45705/91610.5
=0.49890569

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=37963/74001.5
=0.51300311

CUC's gearing of this year was 0.49890569. CUC's gearing of last year was 0.51300311. ==> 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
=30132/14840
=2.03045822

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=20520/13446
=1.52610442

CUC's current ratio of this year was 2.03045822. CUC's current ratio of last year was 1.52610442. ==> 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.

CUC's number of shares in issue this year was 29.315. CUC's number of shares in issue last year was 29.315. ==> 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
=25413/54353
=0.46755469

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23172/47043
=0.49257063

CUC's gross margin of this year was 0.46755469. CUC's gross margin of last year was 0.49257063. ==> 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)
=54353/85167
=0.6381932

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=47043/62836
=0.74866319

CUC's asset turnover of this year was 0.6381932. CUC's asset turnover of last year was 0.74866319. ==> 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+1+1+0+0
=6

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

CUC has an F-score of 6 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 6 mean?
CUC (TSE:9158) has a Piotroski F-Score of 6 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CUC and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, CUC's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, CUC ranks #165 out of 651 companies in the Healthcare Providers & Services industry, placing it in the top 25.3%.
Is CUC's Piotroski F-Score too high?
CUC's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. CUC's value of 6 is 20% above this industry median. Based on the distribution chart, CUC ranks #165 out of 651 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, CUC has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CUC's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CUC ranks #165 out of 651 companies for Piotroski F-Score. This puts CUC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. CUC's value of 6 is 20% above this benchmark. Historically, CUC's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, CUC 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 651 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. CUC's current Piotroski F-Score of 6 is 20% 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 CUC and its competitors. For the Healthcare Providers & 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. CUC's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CUC stock overvalued right now?
Based on GuruFocus' analysis, CUC (TSE:9158) is currently considered Possible Value Trap. The stock's GF Value™ is 円2,242.91, compared to a current price of 円793.00 — trading 64.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Healthcare Providers & Services industry median of 5.00. CUC's overall GF Score™ is 73/100 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 CUC (TSE:9158), the current Piotroski F-Score is 6 as of Jul. 02, 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 CUC (TSE:9158) Overvalued in 2026?

Based on GuruFocus' analysis, CUC stock appears to be undervalued. The current stock price of 円793.00 is trading 64.6% below its estimated GF Value™ of 円2,242.91. GuruFocus considers CUC to be Possible Value Trap.

Key valuation signals for TSE:9158:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円2,242.91 vs. price of 円793.00 (64.6% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 20% above the Healthcare Providers & Services median (#165 of 651)

No single metric tells the full story. See the TSE:9158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CUC Business Description

Address 3-1-1 Shibaura,, 15th floor, msb Tamachi Tamachi Station Tower N, Minato-ku, Tokyo, JPN, 108-0023
CUC Inc is engaged in Management support business for medical institutions, in-home nursing businesses, and hospice businesses. The company supports home-visit clinics where medical professionals visit the homes and facilities of patients who find it difficult to visit hospitals. It operates a home hospice specializing in caring for people with terminal cancer and intractable diseases and home-visit nursing and nursing care offices (visit only within the facility). We provide mental and physical support so users and their families can lead a positive treatment life.
73GF Score

Get the complete analysis for TSE:9158

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

円793.00
Price
円2,242.91
GF Value