Bridge Consulting Group (TSE:9225) Piotroski F-Score: 5 (As of Jul. 15, 2026) — Near Median

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TSE:9225 Bridge Consulting Group Inc TSE:9225
80 GF Score
Price 円968.00
GF Value 円1,643.11
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bridge Consulting Group Piotroski F-Score?

Bridge Consulting Group TSE:9225 -0.92% 80 Piotroski F-Score is 5 as of Jul. 15, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSE:9225 with a GF Score™ of 80/100 and a GF Value™ of 円1,643.11 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,064 Business Services companies, Bridge Consulting Group ranks better than 51.6% 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

Bridge Consulting Group 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 Bridge Consulting Group's Piotroski F-Score or its related term are showing as below:

TSE:9225' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 7
Current: 5

During the past 6 years, the highest Piotroski F-Score of Bridge Consulting Group was 7. The lowest was 5. And the median was 5.

Bridge Consulting Group  (TSE:9225) 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.


Bridge Consulting Group Piotroski F-Score Related Terms


Bridge Consulting Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bridge Consulting Group'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.

Bridge Consulting Group Piotroski F-Score Chart

Bridge Consulting Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 7.00 5.00 5.00

Bridge Consulting Group Semi-Annual Data
Sep20 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 0.00 5.00 0.00 5.00 0.00

TSE:9225 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Bridge Consulting Group'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.


Bridge Consulting Group Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Bridge Consulting Group's Piotroski F-Score distribution charts can be found below:

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


TSE:9225
80GF Score
Bridge Consulting Group Inc TSE:9225
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 円148 Mil.
Cash Flow from Operations was 円31 Mil.
Revenue was 円2,239 Mil.
Gross Profit was 円1,200 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (1476.102 + 1533.068) / 2 = 円1504.585 Mil.
Total Assets at the begining of this year (Sep24) was 円1,476 Mil.
Long-Term Debt & Capital Lease Obligation was 円38 Mil.
Total Current Assets was 円1,413 Mil.
Total Current Liabilities was 円348 Mil.
Net Income was 円170 Mil.

Revenue was 円2,018 Mil.
Gross Profit was 円1,089 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (1246.265 + 1476.102) / 2 = 円1361.1835 Mil.
Total Assets at the begining of last year (Sep23) was 円1,246 Mil.
Long-Term Debt & Capital Lease Obligation was 円56 Mil.
Total Current Assets was 円1,402 Mil.
Total Current Liabilities was 円359 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.

Bridge Consulting Group's current Net Income (TTM) was 148. ==> 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.

Bridge Consulting Group's current Cash Flow from Operations (TTM) was 31. ==> 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 (Sep24)
=147.56/1476.102
=0.09996599

ROA (Last Year)=Net Income/Total Assets (Sep23)
=169.877/1246.265
=0.13630889

Bridge Consulting Group's return on assets of this year was 0.09996599. Bridge Consulting Group's return on assets of last year was 0.13630889. ==> 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.

Bridge Consulting Group's current Net Income (TTM) was 148. Bridge Consulting Group's current Cash Flow from Operations (TTM) was 31. ==> 31 <= 148 ==> CFROA <= ROA ==> Score 0.

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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=37.5/1504.585
=0.02492382

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=55.5/1361.1835
=0.04077334

Bridge Consulting Group's gearing of this year was 0.02492382. Bridge Consulting Group's gearing of last year was 0.04077334. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=1413.232/348.057
=4.06034644

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=1402.489/359.48
=3.90143819

Bridge Consulting Group's current ratio of this year was 4.06034644. Bridge Consulting Group's current ratio of last year was 3.90143819. ==> 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.

Bridge Consulting Group's number of shares in issue this year was 2.159. Bridge Consulting Group's number of shares in issue last year was 2.177. ==> 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
=1199.861/2239.359
=0.53580556

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1089.07/2017.73
=0.53975012

Bridge Consulting Group's gross margin of this year was 0.53580556. Bridge Consulting Group's gross margin of last year was 0.53975012. ==> 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 (Sep24)
=2239.359/1476.102
=1.51707606

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=2017.73/1246.265
=1.61902164

Bridge Consulting Group's asset turnover of this year was 1.51707606. Bridge Consulting Group's asset turnover of last year was 1.61902164. ==> 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+0+1+1+1+0+0
=5

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

Bridge Consulting Group 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?
Bridge Consulting Group (TSE:9225) has a Piotroski F-Score of 5 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bridge Consulting Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Bridge Consulting Group's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Bridge Consulting Group ranks #515 out of 1064 companies in the Business Services industry, placing it in the top 48.4%.
Is Bridge Consulting Group's Piotroski F-Score too high?
Bridge Consulting Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Bridge Consulting Group's value of 5 is 0% at this industry median. Based on the distribution chart, Bridge Consulting Group ranks #515 out of 1064 companies in the Business Services industry, which is above the industry midpoint. Overall, Bridge Consulting Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bridge Consulting Group's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bridge Consulting Group ranks #515 out of 1064 companies for Piotroski F-Score. This puts Bridge Consulting Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Bridge Consulting Group's value of 5 is 0% at this benchmark. Historically, Bridge Consulting Group's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Bridge Consulting Group 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Bridge Consulting Group'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 Bridge Consulting Group and its competitors. For the Business 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. Bridge Consulting Group's current Piotroski F-Score is 5, which is near 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 Bridge Consulting Group stock overvalued right now?
Based on GuruFocus' analysis, Bridge Consulting Group (TSE:9225) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,643.11, compared to a current price of 円968.00 — trading 41.1% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Business Services industry median of 5.00. Bridge Consulting Group's overall GF Score™ is 80/100 with 4 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 Bridge Consulting Group (TSE:9225), the current Piotroski F-Score is 5 as of Jul. 15, 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 Bridge Consulting Group (TSE:9225) Overvalued in 2026?

Based on GuruFocus' analysis, Bridge Consulting Group stock appears to be undervalued. The current stock price of 円968.00 is trading 41.1% below its estimated GF Value™ of 円1,643.11. GuruFocus considers Bridge Consulting Group to be Possible Value Trap.

Key valuation signals for TSE:9225:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: 円1,643.11 vs. price of 円968.00 (41.1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 0% at the Business Services median (#515 of 1064)

No single metric tells the full story. See the TSE:9225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bridge Consulting Group Business Description

Address 4-1-40 Toranomon, 7th Floor, Edomi Sakamori Building, Minato-ku, Tokyo, JPN
Bridge Consulting Group Inc provides professional services. It supports the resolution of business management issues through the database and optimal allocation of the experience and knowledge of certified public accountants, by offering business management consulting services and introductions of professional talent. The majority of the company's revenue is generated from its business management consulting activities, which include various services like IPO support, risk management, accounting, financial advisory, etc. In addition, its introduction of professional talent activities involves the company's consultants introducing suitable candidates to clients based on their talent needs.
80GF Score

Get the complete analysis for TSE:9225

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

円968.00
Price
円1,643.11
GF Value