Trusco NakayamaTSE:9830 +0.43%89 Piotroski F-Score is 3 as of Jul. 11, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates TSE:9830 with a GF Score™ of 89/100 and a GF Value™ of 円2,853.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 150 Industrial Distribution companies, Trusco Nakayama ranks worse than 89.33% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Trusco Nakayama has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Trusco Nakayama's Piotroski F-Score or its related term are showing as below:
TSE:9830'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 3
During the past 13 years, the highest Piotroski F-Score of Trusco Nakayama was 8. The lowest was 3. And the median was 6.
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.
Trusco Nakayama Piotroski F-Score Related Terms
Trusco Nakayama Piotroski F-Score Historical Data
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The historical data trend for Trusco Nakayama'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.
TSE:9830 vs GWW, FAST, FERG: Piotroski F-Score Comparison
For the Industrial Distribution subindustry, Trusco Nakayama'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.
Trusco Nakayama Piotroski F-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Trusco Nakayama's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Trusco Nakayama'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.
Trusco Nakayama's current Net Income (TTM) was 15,881.
==> 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.
Trusco Nakayama's return on assets of this year was 0.05875541. Trusco Nakayama's return on assets of last year was 0.06572661.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Trusco Nakayama's gearing of this year was 0.19009797. Trusco Nakayama's gearing of last year was 0.17470029.
==> Last year is lower than this year ==> Score 0.
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
Trusco Nakayama's current ratio of this year was 2.51938093. Trusco Nakayama's current ratio of last year was 2.84852176.
==> 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.
Trusco Nakayama's number of shares in issue this year was 65.941. Trusco Nakayama's number of shares in issue last year was 65.941.
==> 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.
Trusco Nakayama's gross margin of this year was 0.20850636. Trusco Nakayama's gross margin of last year was 0.20907791.
==> 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
Trusco Nakayama's asset turnover of this year was 1.18407266. Trusco Nakayama's asset turnover of last year was 1.20477952.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Trusco Nakayama has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Trusco Nakayama (TSE:9830) has a Piotroski F-Score of 3 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Trusco Nakayama and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Trusco Nakayama's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Trusco Nakayama ranks #134 out of 150 companies in the Industrial Distribution industry, placing it in the top 89.3%.
Is Trusco Nakayama's Piotroski F-Score too high?
Trusco Nakayama's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Trusco Nakayama's value of 3 is 50% below this industry median. Based on the distribution chart, Trusco Nakayama ranks #134 out of 150 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Trusco Nakayama has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trusco Nakayama's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Trusco Nakayama ranks #134 out of 150 companies for Piotroski F-Score. This places Trusco Nakayama in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Trusco Nakayama's value of 3 is 50% below this benchmark. Historically, Trusco Nakayama's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Trusco Nakayama 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 an Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 150 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. Trusco Nakayama's current Piotroski F-Score of 3 is 50% 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 Trusco Nakayama and its competitors. For the Industrial Distribution industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trusco Nakayama's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trusco Nakayama stock overvalued right now?
Based on GuruFocus' analysis, Trusco Nakayama (TSE:9830) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,853.69, compared to a current price of 円2,319.00 — trading 18.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 50% below the Industrial Distribution industry median of 6.00. Trusco Nakayama's overall GF Score™ is 89/100 with 3 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 Trusco Nakayama (TSE:9830), the current Piotroski F-Score is 3 as of Jul. 11, 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 Trusco Nakayama (TSE:9830) Overvalued in 2026?
Based on GuruFocus' analysis, Trusco Nakayama stock appears to be undervalued.
The current stock price of 円2,319.00 is trading 18.7% below its estimated GF Value™ of 円2,853.69.
GuruFocus considers Trusco Nakayama to be Modestly Undervalued.
Key valuation signals for TSE:9830:
Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
GF Value™: 円2,853.69 vs. price of 円2,319.00 (18.7% below fair value)
Industry Position: 50% below the Industrial Distribution median (#134 of 150)
No single metric tells the full story. See the TSE:9830 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trusco Nakayama Corp is a Japanese wholesaler of tools to the manufacturing industry. The company engages in the wholesale of machine tools, distribution of equipment and environmental safety equipment, consumables, and furniture and fixtures. The products are sold to machinery tools dealers, online shops, and home centers. End clients include manufacturers, general consumers, and construction-related businesses. The company sells its wholesale products in Japan.
89GF Score
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