Hotel Newgrand Co (TSE:9720) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 20% Above Median


TSE:9720 Hotel Newgrand Co Ltd TSE:9720
59 GF Score
Price 円5,150.00
GF Value 円6,856.00
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hotel Newgrand Co Piotroski F-Score?

Hotel Newgrand Co TSE:9720 59 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:9720 with a GF Score™ of 59/100 and a GF Value™ of 円6,856.00 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 841 Travel & Leisure companies, Hotel Newgrand Co ranks better than 72.29% 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

Hotel Newgrand Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

TSE:9720' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Hotel Newgrand Co was 9. The lowest was 2. And the median was 5.

Hotel Newgrand Co  (TSE:9720) 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.


Hotel Newgrand Co Piotroski F-Score Related Terms


Hotel Newgrand Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hotel Newgrand 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.

Hotel Newgrand Co Piotroski F-Score Chart

Hotel Newgrand Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 9.00 7.00 6.00

Hotel Newgrand Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 7.00 0.00 6.00

TSE:9720 vs MAR, HLT, H: Piotroski F-Score Comparison

For the Lodging subindustry, Hotel Newgrand 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.


Hotel Newgrand Co Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Newgrand Co's Piotroski F-Score distribution charts can be found below:

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


TSE:9720
59GF Score
Hotel Newgrand Co Ltd TSE:9720
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 (Nov25) TTM:Last Year (Nov24) TTM:
Net Income was 円201 Mil.
Cash Flow from Operations was 円682 Mil.
Revenue was 円6,530 Mil.
Gross Profit was 円4,892 Mil.
Average Total Assets from the begining of this year (Nov24)
to the end of this year (Nov25) was (8472.443 + 8855.576) / 2 = 円8664.0095 Mil.
Total Assets at the begining of this year (Nov24) was 円8,472 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,356 Mil.
Total Current Assets was 円3,055 Mil.
Total Current Liabilities was 円2,689 Mil.
Net Income was 円303 Mil.

Revenue was 円5,856 Mil.
Gross Profit was 円4,427 Mil.
Average Total Assets from the begining of last year (Nov23)
to the end of last year (Nov24) was (7953.767 + 8472.443) / 2 = 円8213.105 Mil.
Total Assets at the begining of last year (Nov23) was 円7,954 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,567 Mil.
Total Current Assets was 円3,111 Mil.
Total Current Liabilities was 円2,239 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.

Hotel Newgrand Co's current Net Income (TTM) was 201. ==> 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.

Hotel Newgrand Co's current Cash Flow from Operations (TTM) was 682. ==> 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 (Nov24)
=201.371/8472.443
=0.02376776

ROA (Last Year)=Net Income/Total Assets (Nov23)
=303.415/7953.767
=0.03814733

Hotel Newgrand Co's return on assets of this year was 0.02376776. Hotel Newgrand Co's return on assets of last year was 0.03814733. ==> 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.

Hotel Newgrand Co's current Net Income (TTM) was 201. Hotel Newgrand Co's current Cash Flow from Operations (TTM) was 682. ==> 682 > 201 ==> 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: Nov25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov24 to Nov25
=1356.384/8664.0095
=0.15655384

Gearing (Last Year: Nov24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Nov23 to Nov24
=1567.432/8213.105
=0.19084524

Hotel Newgrand Co's gearing of this year was 0.15655384. Hotel Newgrand Co's gearing of last year was 0.19084524. ==> 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: Nov25)=Total Current Assets/Total Current Liabilities
=3055.211/2689.058
=1.13616404

Current Ratio (Last Year: Nov24)=Total Current Assets/Total Current Liabilities
=3110.796/2239.336
=1.38916

Hotel Newgrand Co's current ratio of this year was 1.13616404. Hotel Newgrand Co's current ratio of last year was 1.38916. ==> 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.

Hotel Newgrand Co's number of shares in issue this year was 1.181. Hotel Newgrand Co's number of shares in issue last year was 1.181. ==> 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
=4892.341/6529.518
=0.74926526

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4427.081/5856.242
=0.75595937

Hotel Newgrand Co's gross margin of this year was 0.74926526. Hotel Newgrand Co's gross margin of last year was 0.75595937. ==> 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 (Nov24)
=6529.518/8472.443
=0.77067712

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Nov23)
=5856.242/7953.767
=0.73628533

Hotel Newgrand Co's asset turnover of this year was 0.77067712. Hotel Newgrand Co's asset turnover of last year was 0.73628533. ==> 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+1+1+0+1+0+1
=6

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

Hotel Newgrand Co has an F-score of 6 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 6 mean?
Hotel Newgrand Co (TSE:9720) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hotel Newgrand Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Hotel Newgrand Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Hotel Newgrand Co ranks #233 out of 841 companies in the Travel & Leisure industry, placing it in the top 27.7%.
Is Hotel Newgrand Co's Piotroski F-Score too high?
Hotel Newgrand Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Hotel Newgrand Co's value of 6 is 20% above this industry median. Based on the distribution chart, Hotel Newgrand Co ranks #233 out of 841 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hotel Newgrand Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotel Newgrand Co's Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotel Newgrand Co ranks #233 out of 841 companies for Piotroski F-Score. This puts Hotel Newgrand Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Hotel Newgrand Co's value of 6 is 20% above this benchmark. Historically, Hotel Newgrand Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Hotel Newgrand 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 841 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. Hotel Newgrand Co's current Piotroski F-Score of 6 is 20% 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 Hotel Newgrand Co and its competitors. For the Travel & Leisure 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. Hotel Newgrand Co's current Piotroski F-Score is 6, which is 20% above 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 Hotel Newgrand Co stock overvalued right now?
Based on GuruFocus' analysis, Hotel Newgrand Co (TSE:9720) is currently considered Modestly Undervalued. The stock's GF Value™ is 円6,856.00, compared to a current price of 円5,150.00 — trading 24.9% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Travel & Leisure industry median of 5.00. Hotel Newgrand Co's overall GF Score™ is 59/100 with 2 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 Hotel Newgrand Co (TSE:9720), the current Piotroski F-Score is 6 as of Jun. 28, 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 Hotel Newgrand Co (TSE:9720) Overvalued in 2026?

Based on GuruFocus' analysis, Hotel Newgrand Co stock appears to be undervalued. The current stock price of 円5,150.00 is trading 24.9% below its estimated GF Value™ of 円6,856.00. GuruFocus considers Hotel Newgrand Co to be Modestly Undervalued.

Key valuation signals for TSE:9720:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: 円6,856.00 vs. price of 円5,150.00 (24.9% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 20% above the Travel & Leisure median (#233 of 841)

No single metric tells the full story. See the TSE:9720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotel Newgrand Co Business Description

Address 10, Yamashita-cho, Naka-ku, Kanagawa, Yokohama-shi, JPN, 231-8520
Hotel Newgrand Co Ltd is engaged in lodging operations. The company operates restaurants, hotels and food and beverage facilities, and real estate rentals with different accommodation plans and rooms.
59GF Score

Get the complete analysis for TSE:9720

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

円5,150.00
Price
円6,856.00
GF Value