Sugimura Warehouse Co (TSE:9307) Piotroski F-Score: 8 (As of Jul. 16, 2026) — Near Median

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TSE:9307 Sugimura Warehouse Co Ltd TSE:9307
69 GF Score
Price 円1,003.00
GF Value 円686.21
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Sugimura Warehouse Co Piotroski F-Score?

Sugimura Warehouse Co TSE:9307 +0.30% 69 Piotroski F-Score is 8 as of Jul. 16, 2026, which is at its 10-year median of 8.00. GuruFocus rates TSE:9307 with a GF Score™ of 69/100 and a GF Value™ of 円686.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,064 Business Services companies, Sugimura Warehouse Co ranks better than 97.56% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Sugimura Warehouse Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:9307' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 8   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Sugimura Warehouse Co was 9. The lowest was 5. And the median was 8.

Sugimura Warehouse Co  (TSE:9307) 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.


Sugimura Warehouse Co Piotroski F-Score Related Terms


Sugimura Warehouse Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sugimura Warehouse 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.

Sugimura Warehouse Co Piotroski F-Score Chart

Sugimura Warehouse 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 7.00 5.00 9.00 8.00 8.00

Sugimura Warehouse 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 9.00 0.00 8.00 0.00 8.00

TSE:9307 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Sugimura Warehouse 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.


Sugimura Warehouse Co Piotroski F-Score vs Business Services Industry

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

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


TSE:9307
69GF Score
Sugimura Warehouse Co Ltd TSE:9307
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967 Mil.
Cash Flow from Operations was 円1,881 Mil.
Revenue was 円11,242 Mil.
Gross Profit was 円2,654 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (22353.148 + 22719.278) / 2 = 円22536.213 Mil.
Total Assets at the begining of this year (Mar25) was 円22,353 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,876 Mil.
Total Current Assets was 円9,246 Mil.
Total Current Liabilities was 円1,801 Mil.
Net Income was 円917 Mil.

Revenue was 円11,235 Mil.
Gross Profit was 円2,615 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (22084.856 + 22353.148) / 2 = 円22219.002 Mil.
Total Assets at the begining of last year (Mar24) was 円22,085 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,382 Mil.
Total Current Assets was 円8,931 Mil.
Total Current Liabilities was 円1,948 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.

Sugimura Warehouse Co's current Net Income (TTM) was 967. ==> 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.

Sugimura Warehouse Co's current Cash Flow from Operations (TTM) was 1,881. ==> 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)
=967.383/22353.148
=0.04327726

ROA (Last Year)=Net Income/Total Assets (Mar24)
=917.299/22084.856
=0.0415352

Sugimura Warehouse Co's return on assets of this year was 0.04327726. Sugimura Warehouse Co's return on assets of last year was 0.0415352. ==> This year is higher. ==> Score 1.

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.

Sugimura Warehouse Co's current Net Income (TTM) was 967. Sugimura Warehouse Co's current Cash Flow from Operations (TTM) was 1,881. ==> 1,881 > 967 ==> 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
=1875.604/22536.213
=0.08322623

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2382.098/22219.002
=0.10720995

Sugimura Warehouse Co's gearing of this year was 0.08322623. Sugimura Warehouse Co's gearing of last year was 0.10720995. ==> 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
=9245.615/1800.669
=5.13454444

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8930.884/1947.644
=4.58548071

Sugimura Warehouse Co's current ratio of this year was 5.13454444. Sugimura Warehouse Co's current ratio of last year was 4.58548071. ==> 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.

Sugimura Warehouse Co's number of shares in issue this year was 16.341. Sugimura Warehouse Co's number of shares in issue last year was 16.348. ==> 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
=2653.679/11242.475
=0.23604046

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2615.32/11235.479
=0.23277334

Sugimura Warehouse Co's gross margin of this year was 0.23604046. Sugimura Warehouse Co's gross margin of last year was 0.23277334. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=11242.475/22353.148
=0.50294818

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=11235.479/22084.856
=0.50874133

Sugimura Warehouse Co's asset turnover of this year was 0.50294818. Sugimura Warehouse Co's asset turnover of last year was 0.50874133. ==> 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+1+1+1+1+1+1+0
=8

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

Sugimura Warehouse Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Sugimura Warehouse Co (TSE:9307) has a Piotroski F-Score of 8 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sugimura Warehouse Co and its competitors. This is near median its historical median of 8.00. Over the past decade, Sugimura Warehouse Co's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Sugimura Warehouse Co ranks #26 out of 1064 companies in the Business Services industry, placing it in the top 2.4%.
Is Sugimura Warehouse Co's Piotroski F-Score too high?
Sugimura Warehouse Co's current Piotroski F-Score of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Business Services industry median Piotroski F-Score is 5.00. Sugimura Warehouse Co's value of 8 is 60% above this industry median. Based on the distribution chart, Sugimura Warehouse Co ranks #26 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Sugimura Warehouse Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sugimura Warehouse Co's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sugimura Warehouse Co ranks #26 out of 1064 companies for Piotroski F-Score. This places Sugimura Warehouse Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sugimura Warehouse Co's value of 8 is 60% above this benchmark. Historically, Sugimura Warehouse Co's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Sugimura Warehouse Co 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 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. Sugimura Warehouse Co's current Piotroski F-Score of 8 is 60% 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 Sugimura Warehouse 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. Sugimura Warehouse Co's current Piotroski F-Score is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugimura Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Sugimura Warehouse Co (TSE:9307) is currently considered Significantly Overvalued. The stock's GF Value™ is 円686.21, compared to a current price of 円1,003.00 — trading 46.2% above its estimated fair value. The current Piotroski F-Score is 8, which is near median its 10-year median of 8.00 and 60% above the Business Services industry median of 5.00. Sugimura Warehouse Co's overall GF Score™ is 69/100 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 Sugimura Warehouse Co (TSE:9307), the current Piotroski F-Score is 8 as of Jul. 16, 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 Sugimura Warehouse Co (TSE:9307) Overvalued in 2026?

Based on GuruFocus' analysis, Sugimura Warehouse Co stock appears to be overvalued. The current stock price of 円1,003.00 is trading 46.2% above its estimated GF Value™ of 円686.21. GuruFocus considers Sugimura Warehouse Co to be Significantly Overvalued.

Key valuation signals for TSE:9307:

  • Piotroski F-Score: 8 (near median its 10-year median of 8.00)
  • GF Value™: 円686.21 vs. price of 円1,003.00 (46.2% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 60% above the Business Services median (#26 of 1064)

No single metric tells the full story. See the TSE:9307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugimura Warehouse Co Business Description

Address 1-1-57 Fukusaki, Minato-ku, Osaka, JPN, 552-0013
Sugimura Warehouse Co Ltd is engaged in the warehousing business, customs brokerage, cargo transport handling business, real estate rental business, and property insurance agency business. The company has two segments: Logistics business and Real estate business. The company generates the majority of its revenue from the Logistics business, which refers to cargo storage, loading and unloading and related operations conducted by warehouse operators, cargo handling and unloading operations conducted by truck transport operators, and other related operations.
69GF Score

Get the complete analysis for TSE:9307

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

円1,003.00
Price
円686.21
GF Value