Emimen Co (TSE:9237) Piotroski F-Score: 4 (As of Jul. 05, 2026) — Near Median


TSE:9237 Emimen Co Ltd TSE:9237
16 GF Score
Price 円788.00
! 1 Warning Sign
View Full Analysis

What is Emimen Co Piotroski F-Score?

Emimen Co TSE:9237 +4.51% 16 Piotroski F-Score is 4 as of Jul. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates TSE:9237 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,065 Business Services companies, Emimen Co ranks worse than 69.77% 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

Emimen Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TSE:9237' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 4

During the past 5 years, the highest Piotroski F-Score of Emimen Co was 6. The lowest was 3. And the median was 4.

Emimen Co  (TSE:9237) 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.


Emimen Co Piotroski F-Score Related Terms


Emimen Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Emimen 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.

Emimen Co Piotroski F-Score Chart

Emimen Co Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
N/A N/A 6.00 3.00 4.00

Emimen Co Quarterly Data
Oct21 Oct22 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Apr26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.00 0.00 0.00 4.00 0.00

TSE:9237 vs VRSK, EFX, BAH: Piotroski F-Score Comparison

For the Consulting Services subindustry, Emimen 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.


Emimen Co Piotroski F-Score vs Business Services Industry

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

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


TSE:9237
16GF Score
Emimen Co Ltd TSE:9237
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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was 円90 Mil.
Cash Flow from Operations was 円77 Mil.
Revenue was 円1,873 Mil.
Gross Profit was 円1,873 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (1128.595 + 1377.811) / 2 = 円1253.203 Mil.
Total Assets at the begining of this year (Oct24) was 円1,129 Mil.
Long-Term Debt & Capital Lease Obligation was 円97 Mil.
Total Current Assets was 円1,006 Mil.
Total Current Liabilities was 円430 Mil.
Net Income was 円180 Mil.

Revenue was 円1,302 Mil.
Gross Profit was 円1,302 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (788.684 + 1128.595) / 2 = 円958.6395 Mil.
Total Assets at the begining of last year (Oct23) was 円789 Mil.
Long-Term Debt & Capital Lease Obligation was 円91 Mil.
Total Current Assets was 円1,013 Mil.
Total Current Liabilities was 円304 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.

Emimen Co's current Net Income (TTM) was 90. ==> 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.

Emimen Co's current Cash Flow from Operations (TTM) was 77. ==> 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 (Oct24)
=89.67/1128.595
=0.07945277

ROA (Last Year)=Net Income/Total Assets (Oct23)
=179.646/788.684
=0.22777944

Emimen Co's return on assets of this year was 0.07945277. Emimen Co's return on assets of last year was 0.22777944. ==> 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.

Emimen Co's current Net Income (TTM) was 90. Emimen Co's current Cash Flow from Operations (TTM) was 77. ==> 77 <= 90 ==> 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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=97.347/1253.203
=0.07767856

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=90.947/958.6395
=0.09487091

Emimen Co's gearing of this year was 0.07767856. Emimen Co's gearing of last year was 0.09487091. ==> 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: Oct25)=Total Current Assets/Total Current Liabilities
=1006.461/429.91
=2.34109697

Current Ratio (Last Year: Oct24)=Total Current Assets/Total Current Liabilities
=1013.228/303.651
=3.3368176

Emimen Co's current ratio of this year was 2.34109697. Emimen Co's current ratio of last year was 3.3368176. ==> 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.

Emimen Co's number of shares in issue this year was 4.115. Emimen Co's number of shares in issue last year was 4.094. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1872.987/1872.987
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1301.645/1301.645
=1

Emimen Co's gross margin of this year was 1. Emimen Co's gross margin of last year was 1. ==> 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 (Oct24)
=1872.987/1128.595
=1.65957407

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=1301.645/788.684
=1.65040117

Emimen Co's asset turnover of this year was 1.65957407. Emimen Co's asset turnover of last year was 1.65040117. ==> This year's asset turnover is higher. ==> Score 1.

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+0+0+0+1
=4

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

Emimen Co has an F-score of 4 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 4 mean?
Emimen Co (TSE:9237) has a Piotroski F-Score of 4 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Emimen Co and its competitors. This is near median its historical median of 4.00. Over the past decade, Emimen Co's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Emimen Co ranks #743 out of 1065 companies in the Business Services industry, placing it in the top 69.8%.
Is Emimen Co's Piotroski F-Score too high?
Emimen Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Emimen Co's value of 4 is 20% below this industry median. Based on the distribution chart, Emimen Co ranks #743 out of 1065 companies in the Business Services industry, which is below the industry midpoint. Overall, Emimen Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emimen Co's Piotroski F-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, Emimen Co ranks #743 out of 1065 companies for Piotroski F-Score. This places Emimen Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Emimen Co's value of 4 is 20% below this benchmark. Historically, Emimen Co's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Emimen 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,065 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. Emimen Co's current Piotroski F-Score of 4 is 20% 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 Emimen Co 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. Emimen Co's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emimen Co stock overvalued right now?
Emimen Co (TSE:9237) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Business Services industry median of 5.00. Emimen Co's overall GF Score™ is 16/100 with 1 warning sign 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 Emimen Co (TSE:9237), the current Piotroski F-Score is 4 as of Jul. 05, 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.

Emimen Co Business Description

Address 1-8-33 Kyomachibori, Osaka Prefecture, Nishi-ku, Osaka, JPN, 550-0003
Emimen Co Ltd is engaged in the business of senior home introduction services and senior home management consulting. It is a professional in selecting senior homes, providing paid nursing homes with nursing care, residential-type paid nursing homes, and elderly care homes with services, depending on the thoughts and circumstances of the caregiving family. It helps to find a suitable place to live from among a wide variety of options, including residential housing and group homes.
16GF Score

Get the complete analysis for TSE:9237

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

円788.00
Price