TV Asahi HoldingsTSE:9409 +0.48%71 Piotroski F-Score is 7 as of Jun. 29, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:9409 with a GF Score™ of 71/100 and a GF Value™ of 円2,388.47 (Significantly Overvalued). Among 1,009 Media - Diversified companies, TV Asahi Holdings ranks better than 91.87% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
TV Asahi Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for TV Asahi Holdings's Piotroski F-Score or its related term are showing as below:
TSE:9409'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of TV Asahi Holdings was 9. The lowest was 4. And the median was 7.
TV Asahi Holdings (TSE:9409) 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.
TV Asahi Holdings Piotroski F-Score Related Terms
TV Asahi Holdings Piotroski F-Score Historical Data
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The historical data trend for TV Asahi Holdings'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.
For the Broadcasting subindustry, TV Asahi Holdings'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.
TV Asahi Holdings Piotroski F-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TV Asahi Holdings'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.
*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.
TV Asahi Holdings's current Net Income (TTM) was 29,654.
==> 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.
TV Asahi Holdings's return on assets of this year was 0.0529954. TV Asahi Holdings's return on assets of last year was 0.04960494.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TV Asahi Holdings's gearing of this year was 0. TV Asahi Holdings's gearing of last year was 0.
==> 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
TV Asahi Holdings's current ratio of this year was 2.13970095. TV Asahi Holdings's current ratio of last year was 2.13547274.
==> 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.
TV Asahi Holdings's number of shares in issue this year was 100.754. TV Asahi Holdings's number of shares in issue last year was 101.623.
==> 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.
TV Asahi Holdings's gross margin of this year was 0.3047775. TV Asahi Holdings's gross margin of last year was 0.27976337.
==> 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
TV Asahi Holdings's asset turnover of this year was 0.60670565. TV Asahi Holdings's asset turnover of last year was 0.62266732.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
TV Asahi Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
TV Asahi Holdings (TSE:9409) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TV Asahi Holdings and its competitors. This is near median its historical median of 7.00. Over the past decade, TV Asahi Holdings' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, TV Asahi Holdings ranks #82 out of 1009 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is TV Asahi Holdings' Piotroski F-Score too high?
TV Asahi Holdings' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Media - Diversified industry median Piotroski F-Score is 5.00. TV Asahi Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, TV Asahi Holdings ranks #82 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, TV Asahi Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Piotroski F-Score compare to NXST?
According to the Media - Diversified industry distribution chart, TV Asahi Holdings ranks #82 out of 1009 companies for Piotroski F-Score. This places TV Asahi Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TV Asahi Holdings' value of 7 is 40% above this benchmark. Historically, TV Asahi Holdings' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, TV Asahi Holdings 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 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. TV Asahi Holdings's current Piotroski F-Score of 7 is 40% 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 TV Asahi Holdings and its competitors. For the Media - Diversified 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. TV Asahi Holdings's current Piotroski F-Score is 7, which is near 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 TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (TSE:9409) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,388.47, compared to a current price of 円3,120.00 — trading 30.6% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Media - Diversified industry median of 5.00. TV Asahi Holdings' overall GF Score™ is 71/100. 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 TV Asahi Holdings (TSE:9409), the current Piotroski F-Score is 7 as of Jun. 29, 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 TV Asahi Holdings (TSE:9409) Overvalued in 2026?
Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued.
The current stock price of 円3,120.00 is trading 30.6% above its estimated GF Value™ of 円2,388.47.
GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9409:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: 円2,388.47 vs. price of 円3,120.00 (30.6% above fair value)
Industry Position: 40% above the Media - Diversified median (#82 of 1009)
No single metric tells the full story. See the TSE:9409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
71GF Score
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