On The PageTSE:9160 +1.05%62 Piotroski F-Score is 6 as of Jul. 02, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:9160 with a GF Score™ of 62/100 and a GF Value™ of 円488.90 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 95 Personal Services companies, On The Page ranks better than 71.58% 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
On The Page 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 On The Page's Piotroski F-Score or its related term are showing as below:
TSE:9160'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 6
Current: 6
During the past 12 years, the highest Piotroski F-Score of On The Page was 6. The lowest was 4. And the median was 5.
On The Page (TSE:9160) 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.
On The Page Piotroski F-Score Related Terms
On The Page Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for On The Page'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:9160 vs ROL, SCI, FTDR: Piotroski F-Score Comparison
For the Personal Services subindustry, On The Page'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.
On The Page Piotroski F-Score vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, On The Page's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where On The Page'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 337.583 + -137.286 + 1177.306 + -122.384 = 円1,255 Mil. Cash Flow from Operations was 1045.806 + 0 + 0 + -676.393 = 円369 Mil. Revenue was 5543.845 + 4477.858 + 7858.184 + 4738.812 = 円22,619 Mil. Gross Profit was 3087.756 + 2279.337 + 4641.601 + 2501.568 = 円12,510 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(34190.337 + 34520.653 + 34789.84 + 36823.406 + 36463.906) / 5 = 円35357.6284 Mil. Total Assets at the begining of this year (Mar25) was 円34,190 Mil. Long-Term Debt & Capital Lease Obligation was 円9,247 Mil. Total Current Assets was 円3,271 Mil. Total Current Liabilities was 円9,712 Mil.
Net Income was -259.856 + 394.735 + 0 + -121.022 = 円14 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.
On The Page's current Net Income (TTM) was 1,255.
==> 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.
On The Page's return on assets of this year was 0.03671268. On The Page's return on assets of last year was 0.00042899.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
On The Page's gearing of this year was 0.26153092. On The Page's gearing of last year was 0.28997182.
==> 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
On The Page's current ratio of this year was 0.33679552. On The Page's current ratio of last year was 0.44238258.
==> 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.
On The Page's number of shares in issue this year was 25.071. On The Page's number of shares in issue last year was 25.
==> 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.
On The Page's gross margin of this year was 0.55309379. On The Page's gross margin of last year was 0.54972278.
==> This year's gross margin is higher. ==> Score 1.
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
On The Page's asset turnover of this year was 0.66155239. On The Page's asset turnover of last year was 0.39557244.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
On The Page has an F-score of 6 indicating the company's financial situation is typical for a stable company.
On The Page (TSE:9160) 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 On The Page and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, On The Page's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, On The Page ranks #27 out of 95 companies in the Personal Services industry, placing it in the top 28.4%.
Is On The Page's Piotroski F-Score too high?
On The Page'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 4.00 to a high of 6.00. The Personal Services industry median Piotroski F-Score is 5.00. On The Page's value of 6 is 20% above this industry median. Based on the distribution chart, On The Page ranks #27 out of 95 companies in the Personal Services industry, which is above the industry midpoint. Overall, On The Page has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does On The Page's Piotroski F-Score compare to ROL and SCI?
According to the Personal Services industry distribution chart, On The Page ranks #27 out of 95 companies for Piotroski F-Score. This puts On The Page in the upper half of its industry. The industry median Piotroski F-Score is 5.00. On The Page's value of 6 is 20% above this benchmark. Historically, On The Page's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, On The Page 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 Personal Services company?
The median Piotroski F-Score among Personal Services companies is 5.00, based on 95 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. On The Page'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 On The Page and its competitors. For the Personal 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. On The Page'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 On The Page stock overvalued right now?
Based on GuruFocus' analysis, On The Page (TSE:9160) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.90, compared to a current price of 円289.00 — trading 40.9% 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 Personal Services industry median of 5.00. On The Page's overall GF Score™ is 62/100 with 6 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 On The Page (TSE:9160), 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 On The Page (TSE:9160) Overvalued in 2026?
Based on GuruFocus' analysis, On The Page stock appears to be undervalued.
The current stock price of 円289.00 is trading 40.9% below its estimated GF Value™ of 円488.90.
GuruFocus considers On The Page to be Possible Value Trap.
Key valuation signals for TSE:9160:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: 円488.90 vs. price of 円289.00 (40.9% below fair value)
Industry Position: 20% above the Personal Services median (#27 of 95)
No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
62GF Score
Get the complete analysis for TSE:9160
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