Asahi Printing Co (TSE:3951) Mohanram G-Score: 4 (As of Mar. 2026) — 20% Below Median

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TSE:3951 Asahi Printing Co Ltd TSE:3951
66 GF Score
Price 円867.00
GF Value 円978.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi Printing Co Mohanram G-Score?

Asahi Printing Co TSE:3951 -0.91% 66 Mohanram G-Score is 4 as of Mar. 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TSE:3951 with a GF Score™ of 66/100 and a GF Value™ of 円978.78 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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

Asahi Printing Co has an G-score of 4.

The historical rank and industry rank for Asahi Printing Co's Mohanram G-Score or its related term are showing as below:

TSE:3951' s Mohanram G-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 4

During the past 13 years, the highest Piotroski G-score of Asahi Printing Co was 6. The lowest was 4. And the median was 5.

Asahi Printing Co  (TSE:3951) 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.


Asahi Printing Co Mohanram G-Score Related Terms


Asahi Printing Co Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for Asahi Printing Co'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.

Asahi Printing Co Mohanram G-Score Chart

Asahi Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 4.00 4.00 4.00

Asahi Printing Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Mohanram G-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 4.00 N/A 4.00 N/A 4.00

TSE:3951 vs SW, PKG, IP: Mohanram G-Score Comparison

For the Packaging & Containers subindustry, Asahi Printing Co'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.


Asahi Printing Co Mohanram G-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Asahi Printing Co's Mohanram G-Score falls into.


TSE:3951
66GF Score
Asahi Printing Co Ltd TSE:3951
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Printing Co Mohanram G-Score Calculation

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.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

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

Asahi Printing Co has an G-score of 4.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 4 mean?
Asahi Printing Co (TSE:3951) 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 Asahi Printing Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Asahi Printing Co's Mohanram G-Score has ranged from 4.00 to 6.00.
Is Asahi Printing Co's Mohanram G-Score too high?
Asahi Printing Co's current Mohanram G-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. Overall, Asahi Printing Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Mohanram G-Score compare to SW and PKG?
Asahi Printing Co's Mohanram G-Score of 4 can be compared against companies in the Packaging & Containers industry. Historically, Asahi Printing Co's own Mohanram G-Score has ranged from 4.00 to 6.00 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 Packaging & Containers company?
A good Mohanram G-Score depends on the Packaging & Containers 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 Asahi Printing Co and its competitors. Asahi Printing Co's current Mohanram G-Score is 4, which is 20% below 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 Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円978.78, compared to a current price of 円867.00 — trading 11.4% below its estimated fair value. The current Mohanram G-Score is 4, which is 20% below median its 10-year median of 5.00. Asahi Printing Co's overall GF Score™ is 66/100 with 3 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 Asahi Printing Co (TSE:3951), 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円867.00 is trading 11.4% below its estimated GF Value™ of 円978.78. GuruFocus considers Asahi Printing Co to be Modestly Undervalued.

Key valuation signals for TSE:3951:

  • Mohanram G-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: 円978.78 vs. price of 円867.00 (11.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
66GF Score

Get the complete analysis for TSE:3951

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

円867.00
Price
円978.78
GF Value