Yasuda Logistics (TSE:9324) Piotroski F-Score: 9 (As of Jul. 16, 2026) — 29% Above Median

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TSE:9324 Yasuda Logistics Corp TSE:9324
80 GF Score
Price 円2,576.00
GF Value 円1,990.44
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Yasuda Logistics Piotroski F-Score?

Yasuda Logistics TSE:9324 +3.83% 80 Piotroski F-Score is 9 as of Jul. 16, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates TSE:9324 with a GF Score™ of 80/100 and a GF Value™ of 円1,990.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,064 Business Services companies, Yasuda Logistics ranks better than 99.91% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Yasuda Logistics has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:9324' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Yasuda Logistics was 9. The lowest was 5. And the median was 7.

Yasuda Logistics  (TSE:9324) 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.


Yasuda Logistics Piotroski F-Score Related Terms


Yasuda Logistics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yasuda Logistics'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.

Yasuda Logistics Piotroski F-Score Chart

Yasuda Logistics 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 5.00 5.00 6.00 7.00 9.00

Yasuda Logistics 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 6.00 6.00 7.00 0.00 9.00

TSE:9324 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Yasuda Logistics'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.


Yasuda Logistics Piotroski F-Score vs Business Services Industry

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

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


TSE:9324
80GF Score
Yasuda Logistics Corp TSE:9324
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6,728 Mil.
Cash Flow from Operations was 円8,980 Mil.
Revenue was 円80,025 Mil.
Gross Profit was 円10,513 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (210320 + 234046) / 2 = 円222183 Mil.
Total Assets at the begining of this year (Mar25) was 円210,320 Mil.
Long-Term Debt & Capital Lease Obligation was 円70,068 Mil.
Total Current Assets was 円41,975 Mil.
Total Current Liabilities was 円22,155 Mil.
Net Income was 円2,802 Mil.

Revenue was 円75,113 Mil.
Gross Profit was 円9,563 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (211912 + 210320) / 2 = 円211116 Mil.
Total Assets at the begining of last year (Mar24) was 円211,912 Mil.
Long-Term Debt & Capital Lease Obligation was 円67,039 Mil.
Total Current Assets was 円34,559 Mil.
Total Current Liabilities was 円20,493 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.

Yasuda Logistics's current Net Income (TTM) was 6,728. ==> 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.

Yasuda Logistics's current Cash Flow from Operations (TTM) was 8,980. ==> 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)
=6728/210320
=0.03198935

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2802/211912
=0.01322247

Yasuda Logistics's return on assets of this year was 0.03198935. Yasuda Logistics's return on assets of last year was 0.01322247. ==> 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.

Yasuda Logistics's current Net Income (TTM) was 6,728. Yasuda Logistics's current Cash Flow from Operations (TTM) was 8,980. ==> 8,980 > 6,728 ==> 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
=70068/222183
=0.31536166

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=67039/211116
=0.3175458

Yasuda Logistics's gearing of this year was 0.31536166. Yasuda Logistics's gearing of last year was 0.3175458. ==> 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
=41975/22155
=1.89460618

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=34559/20493
=1.68638072

Yasuda Logistics's current ratio of this year was 1.89460618. Yasuda Logistics's current ratio of last year was 1.68638072. ==> 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.

Yasuda Logistics's number of shares in issue this year was 28.96. Yasuda Logistics's number of shares in issue last year was 28.964. ==> 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
=10513/80025
=0.13137145

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9563/75113
=0.12731485

Yasuda Logistics's gross margin of this year was 0.13137145. Yasuda Logistics's gross margin of last year was 0.12731485. ==> 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)
=80025/210320
=0.38049163

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=75113/211912
=0.35445374

Yasuda Logistics's asset turnover of this year was 0.38049163. Yasuda Logistics's asset turnover of last year was 0.35445374. ==> 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+1+1+1+1+1+1+1
=9

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

Yasuda Logistics has an F-score of 9. 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 9 mean?
Yasuda Logistics (TSE:9324) has a Piotroski F-Score of 9 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yasuda Logistics and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, Yasuda Logistics' Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Yasuda Logistics ranks #1 out of 1064 companies in the Business Services industry, placing it in the top 0.099999999999994%.
Is Yasuda Logistics' Piotroski F-Score too high?
Yasuda Logistics' current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. 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. Yasuda Logistics' value of 9 is 80% above this industry median. Based on the distribution chart, Yasuda Logistics ranks #1 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Yasuda Logistics has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yasuda Logistics' Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Yasuda Logistics ranks #1 out of 1064 companies for Piotroski F-Score. This places Yasuda Logistics in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yasuda Logistics' value of 9 is 80% above this benchmark. Historically, Yasuda Logistics' own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Yasuda Logistics 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. Yasuda Logistics's current Piotroski F-Score of 9 is 80% 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 Yasuda Logistics 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. Yasuda Logistics's current Piotroski F-Score is 9, which is 29% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasuda Logistics stock overvalued right now?
Based on GuruFocus' analysis, Yasuda Logistics (TSE:9324) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,990.44, compared to a current price of 円2,576.00 — trading 29.4% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Business Services industry median of 5.00. Yasuda Logistics' overall GF Score™ is 80/100 with 7 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 Yasuda Logistics (TSE:9324), the current Piotroski F-Score is 9 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 Yasuda Logistics (TSE:9324) Overvalued in 2026?

Based on GuruFocus' analysis, Yasuda Logistics stock appears to be overvalued. The current stock price of 円2,576.00 is trading 29.4% above its estimated GF Value™ of 円1,990.44. GuruFocus considers Yasuda Logistics to be Modestly Overvalued.

Key valuation signals for TSE:9324:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: 円1,990.44 vs. price of 円2,576.00 (29.4% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 80% above the Business Services median (#1 of 1064)

No single metric tells the full story. See the TSE:9324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yasuda Logistics Business Description

Address 3-1-1 Shibaura, Minato-ku, Tokyo, JPN, 108-8435
Yasuda Logistics Corp is a logistic service provider. Its services include Warehousing, Transportation, delivery and forwarding, Port transportation business, Customs clearance service, Sales and lease of transportation equipment, Development and management of logistics information system, Real estate business, and Other related services. The company's services and solutions include Logistics Centers and Delivery Services, Medical Logistics Services, IT Equipment Logistics Services, Document Storage/Relocation, and International Logistics Services. It also engages in real estate business through services such as development, leasing and building maintenance.
80GF Score

Get the complete analysis for TSE:9324

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

円2,576.00
Price
円1,990.44
GF Value