Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.
Thus, the zones of discrimination were as such:
Good or high score = 6, 7, 8
Bad or low score = 0, 1
The Bank of Nagoya has an G-score of 4.
The historical rank and industry rank for The Bank of Nagoya's Mohanram G-Score or its related term are showing as below:
BNGYF'
s Mohanram G-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 4
During the past 13 years, the highest Piotroski G-score of The Bank of Nagoya was 4. The lowest was 2. And the median was 3.
The Bank of Nagoya (OTCPK:BNGYF) Mohanram G-Score Explanation
Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.
In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".
This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.
To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.
The Bank of Nagoya Mohanram G-Score Related Terms
The Bank of Nagoya Mohanram G-Score Historical Data
* Premium members only.
The historical data trend for The Bank of Nagoya's Mohanram G-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.
The Bank of Nagoya Mohanram G-Score Competitor Comparison
For the Banks - Regional subindustry, The Bank of Nagoya's Mohanram G-Score, along with its competitors' market caps and Mohanram G-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.
The Bank of Nagoya Mohanram G-Score vs Banks Industry
For the Banks industry and Financial Services sector, The Bank of Nagoya's Mohanram G-Score distribution charts can be found below:
* The bar in red indicates where The Bank of Nagoya's Mohanram G-Score falls into.
The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.
Profitability
Question 1. Return on Assets (ROA)
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.
Score 1 if ROA > ROA Industry Median, 0 otherwise.
Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.
Question 8. Advertising Expenditure Intensity
Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.
Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.
* 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 that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.
Good or high score = 6, 7, 8
Bad or low score = 0, 1
The Bank of Nagoya (BNGYF) has a Mohanram G-Score of 4 as of Mar. 2026. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on The Bank of Nagoya and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, The Bank of Nagoya's Mohanram G-Score has ranged from 2.00 to 4.00.
Is The Bank of Nagoya's Mohanram G-Score too high?
The Bank of Nagoya's current Mohanram G-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. Overall, The Bank of Nagoya has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does The Bank of Nagoya's Mohanram G-Score compare to competitors?
The Bank of Nagoya's Mohanram G-Score of 4 can be compared against companies in the Banks industry. Historically, The Bank of Nagoya's own Mohanram G-Score has ranged from 2.00 to 4.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Banks company?
A good Mohanram G-Score depends on the Banks industry context. However, Mohanram G-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on The Bank of Nagoya and its competitors. The Bank of Nagoya's current Mohanram G-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Bank of Nagoya stock overvalued right now?
The Bank of Nagoya (BNGYF) has a current Mohanram G-Score of 4. The stock's GF Value™ is $5.70, compared to a current price of $12.05 — trading 111.4% above its estimated fair value. The current Mohanram G-Score is 4, which is 33% above median its 10-year median of 3.00. The Bank of Nagoya's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For The Bank of Nagoya (BNGYF), the current Mohanram G-Score is 4 as of Mar. 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 The Bank of Nagoya (BNGYF) Overvalued in 2026?
Based on GuruFocus' analysis, The Bank of Nagoya stock appears to be overvalued.
The current stock price of $12.05 is trading 111.4% above its estimated GF Value™ of $5.70.
Key valuation signals for BNGYF:
Mohanram G-Score: 4 (33% above median its 10-year median of 3.00)
GF Value™: $5.70 vs. price of $12.05 (111.4% above fair value)
No single metric tells the full story. See the BNGYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Bank of Nagoya Ltd is a Japanese regional bank with an operational presence primarily in Nagoya City and the greater Aichi Prefecture. The bank's reporting segments include banking, leasing, and a credit card business. The company's banking business involves loans and deposits, domestic and foreign exchange transactions, securities investments, trading of trading account securities, and the underwriting and registration of corporate bonds. Its leasing business involves mostly comprehensive finance leasing. A plurality of the bank's income comes from loans, followed by leasing.
56GF Score
Get the complete analysis for BNGYF
Mohanram G-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BNGYF has been successfully added to your 
