LOGPROSTYLE INC.

LGPS
About the company

LogProstyle Inc., through its subsidiaries, operates as a real estate developer and management company in Japan. It operates in three segments: Real Estate, Hotel, and Other. The company engages in real estate design, rental, renovation, and resale; sale of renovated condominium units under the Log Mansion brand; development of residential condominiums and ryokans; management of ryokan-style hotels in Tokyo, Yokohama, and Okinawa; sale of housing equipment and materials; operation of restaurants; and provision of information technology consulting and accommodation services.

Country: JapanPrice: $0.61Market Cap: $14.5M

Investment snapshot

18%positive consensus
Scored 1d ago

Positive

3

BUY / PASS

Neutral / negative

4 / 9

NEUTRAL / FAIL

Median fair value

$2.68

+337.2% vs price

Models with upside

8 / 17

Positive margin of safety

Strongest signal

LGPS undervalued: all 8 models price fair value above $0.61 (median $2.68)

Key risk

11 of 12 flag LGPS's debt & leverage — Buffett, Lynch, Piotroski +8 more

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL.

Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.

MetricGraham

Defensive Value

Buffett

Quality Compounder

Lynch

GARP

Greenblatt

Magic Formula

Piotroski

F-Score

Dreman

Contrarian Value

Munger

Quality Focus

Pabrai

Dhandho Framework

Akre

Three-Legged Stool

Marks

Risk-Aware Value

Ackman

Activist Value

Templeton

Global Bargain Hunter

Sleep

Scale Economies Shared

Asness

Systematic Factors

Neff

Low-P/E Total Return

Schloss

Asset-Value Discipline

O'Shaughnessy

Systematic Factor Composite

VerdictNEUTRALFAILFAILFAIL · Rank #969 (Top 31.3%)PASSPASSPASSNEUTRALFAILFAILFAILNEUTRALFAILFAILFAILNEUTRALFAIL
Score
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Intrinsic Value (annual)N/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of Safety+72.8%N/A+87.8%+78.0%N/A+77.1%N/A+14.9%+90.7%+77.1%N/A+26.1%N/AN/AN/AN/AN/A
Financial Basis

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Market data at 2026-11-01

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Market data at 2026-11-01

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Price history 2025-03-01–2026-11-01

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Price history 2025-03-01–2026-11-01

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Annual history · FY 2025 · Price history 2025-03-01–2026-11-01

Latest source filing: 2026-07-13

Score computed: 2026-11-14

Where It Passes

  • Valuation models100% pass✓ 8▾

    LGPS undervalued: all 8 models price fair value above $0.61 (median $2.68)

    Graham fair value$2.25
    ✓Graham+72.8% margin vs $0.61
    Lynch fair value$5.03
    ✓Lynch+87.8% margin vs $0.61
    Greenblatt fair value$2.79
    ✓Greenblatt+78.0% margin vs $0.61
    Dreman fair value$2.68
    ✓Dreman+77.1% margin vs $0.61
    Pabrai fair value$0.72
    ✓Pabrai+14.9% margin vs $0.61
    Akre fair value$6.61
    ✓Akre+90.7% margin vs $0.61
    Marks fair value$2.68
    ✓Marks+77.1% margin vs $0.61
    Templeton fair value$0.83
    ✓Templeton+26.1% margin vs $0.61
  • Valuation62% pass✓ 22✗ 6▾

    8 of 13 pass — Greenblatt, Dreman, Ackman +2 more object

    Price / 3-yr avg EPS3.4x
    ✓Graham<= 15x
    Price-to-Book Ratio0.5x
    ✓Graham<= 1.5x
    P/E x P/B1.90
    ✓Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)0.07
    ✓Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise Value10.1%
    ✓Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=10.1%, ROC=9.7%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Price / EPS3.0x
    ✓Dreman< 12x✓Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    Price / Book Value per Share0.5x
    ✓Dreman< 1.2x✓Templeton< 1.5x✓SchlossP/B <= 0.80x (app cutoff)
    Valuation ReasonablenessP/E=3.0x, OE Yield=-36.7%
    ✓MungerP/E < 25 or Owner Earnings Yield > 5%
    P/E or FCF YieldP/E=3.0x, FCF Yield=-165.9%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    P/B or P/E vs. Historical AverageP/E=3.0x, P/B=0.5x
    ✓MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value77.1% (IV=$2.68 vs Price=$0.61)
    ✓Marks>= 20% below intrinsic value
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Price vs. Trailing Low102% of trailing low ($0.60)
    ✓Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization+32.88%; #183/6340 (top 2.9%)
    ✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization+1.8236; #738/6449 (top 11.4%)
    ✓AsnessTop 30% of eligible cross-section
    Price / Diluted EPS3.0x
    ✓NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)
    (EPS CAGR % + Dividend Yield %) / P/E
    ✗Neff> 0.7 (Neff's published traditional edge)
    Price / Tangible Book Value per Share0.55x
    ✓SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change+157.7%
    ✓SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+9.6130; #326/5247 (top 6.2%)
    ✓OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization-165.95%; #4174/4519 (top 92.4%)
    ✗OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date-6.41%; #3213/6202 (top 51.8%)
    ✗OshaughnessyTop 10% of eligible cross-section

Where It Falls Short

  • Debt & Leverage8% pass✓ 3✗ 12▾

    11 of 12 flag LGPS's debt & leverage — Buffett, Lynch, Piotroski +8 more

    LT Debt vs Net Current AssetsLT Debt $66.2M vs NCA $73.0M
    ✓GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: 3.67, IC: 3.2x
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / Equity3.67
    ✗Lynch< 0.33
    Cash - Long-term Debt$-51.9M
    ✗LynchPositive preferred
    LT Debt / Total Assets Change30.50% -> 39.26%
    ✗PiotroskiDecreased YoY
    Current Assets / Current Liabilities2.40
    ✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity3.67
    ✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00x
    Debt Levels3.67
    ✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDAIC=3.2x, D/EBITDA=9.7x
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity3.67
    ✗Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)-3.6682; #3999/4210 (top 95.0%)
    ✗AsnessTop 30% of eligible cross-section
  • Cash Flow10% pass✓ 1✗ 11▾

    9 of 10 flag LGPS's cash flow — Buffett, Lynch, Piotroski +6 more

    Free Cash Flow Proxy$-5.2M
    ✗BuffettPositive and growing
    FCF Positive and Growing$-24.0M
    ✗LynchPositive and growing
    Operating Cash Flow$-13.8M
    ✗PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=-8.17%, ROA=2.82%
    ✗PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    P/E or FCF YieldP/E=3.0x, FCF Yield=-165.9%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive1/4 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap-165.8%
    ✗Ackman>= 4%
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Positive Operating Cash Flow frequency1/4 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating Cash Flow - Capital Expenditures$-24.0M
    ✗Neff> $0 (app proxy for a strong fundamental case)
    (Operating cash flow - capex) / market capitalization-165.95%; #4174/4519 (top 92.4%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Verdicts23% pass✓ 3✗ 10▾

    Split decision: 9 FAIL · 4 NEUTRAL · 3 PASS

    Overall verdict
    •GrahamNEUTRAL (6/9)✗BuffettFAIL (2/9)✗LynchFAIL (3/7)✗GreenblattRank #969✓PiotroskiPASS (F-Score 4)✓DremanPASS (6/11)✓MungerPASS (2/4)•PabraiNEUTRAL (2/3)✗AkreFAIL (1/6)✗MarksFAIL (3/5)✗AckmanFAIL (1/9)•TempletonNEUTRAL (5/8)✗SleepFAIL (2/6)✗AsnessFAIL (Rank #1123/2370 (Top 47.4%))✗NeffFAIL (3/6)•SchlossNEUTRAL (4/7)✗OshaughnessyFAIL (Rank #452/963 (Top 46.9%))
  • Profitability25% pass✓ 18✗ 17▾

    12 of 16 flag LGPS's profitability — Graham, Buffett, Greenblatt +9 more

    Positive EPS (10 years)3/5 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Net Income Positive (10+ years)4/5 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)22.0%
    ✓Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)7.1% (latest)
    ✓BuffettStable or rising over 10 years
    Free Cash Flow Proxy$-5.2M
    ✗BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)0.07
    ✓Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR40.8%
    ✓Lynch15-30% (Fast Grower); > 0% to pass
    ROE18.0%
    ✓Lynch> 15%
    EBIT / Enterprise Value10.1%
    ✓Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=10.1%, ROC=9.7%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets2.82%
    ✓PiotroskiROA > 0
    ROA Change YoY3.35% -> 2.82% (delta: -0.53%)
    ✗PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=-8.17%, ROA=2.82%
    ✗PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY17.2% -> 19.8%
    ✓PiotroskiImproved YoY
    Pre-Tax Income / Revenue5.6%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity18.0%
    ✓Dreman> 12%
    Margin of SafetyP/E=3.0x, P/B=0.5x
    ✓PabraiP/B < 1.5 or P/E < 15
    Return on Equity19.3% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic Value77.1% (IV=$2.68 vs Price=$0.61)
    ✓Marks>= 20% below intrinsic value
    Positive Net Income Frequency4/4 years positive
    ✓MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue7.1%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity18.0%
    ✓Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend6.6% (2023) -> 7.1% (2025)
    ✓TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trendgross margin 18.8% -> 19.8%, operating margin 6.6% -> 7.1%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization+32.88%; #183/6340 (top 2.9%)
    ✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets+16.35%; #2330/3702 (top 62.9%)
    ✗AsnessTop 30% of eligible cross-section
    Net income / positive book equity+18.03%; #915/5226 (top 17.5%)
    ✓AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA-0.0072; #626/5884 (top 10.6%)
    ✓AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Growth25% pass✓ 5✗ 8▾

    6 of 8 flag LGPS's growth — Graham, Lynch, Ackman +3 more

    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)0.07
    ✓Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR40.8%
    ✓Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthInv: 13.8% vs Rev: 0.7%
    ✗LynchInventory growth < Revenue growth
    EPS Growth Direction$0.10 (2023) -> $0.20 (2025)
    ✓DremanPositive over recent years
    EPS CAGR40.8% CAGR over 2 years
    ✓Dreman> 5% annualized
    Positive Net Income Frequency4/4 years positive
    ✓MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth0.7%
    ✗Ackman>= 5%
    Positive EPS Growth Frequency1/2 years with positive EPS growth
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trendgross margin 18.8% -> 19.8%, operating margin 6.6% -> 7.1%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR
    ✗SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
  • Efficiency25% pass✓ 3✗ 8▾

    6 of 8 flag LGPS's efficiency — Buffett, Greenblatt, Piotroski +3 more

    Current Ratio2.40
    ✓Graham>= 2.0
    ROIC (3-5 yr avg)7.5%
    ✗Buffett> 10%
    ROIC - WACC-2.5%
    ✗BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)9.7%
    ✗Greenblatt> 25%
    Current Ratio Change YoY2.08 -> 2.40
    ✓PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.92x -> 0.82x
    ✗PiotroskiImproved YoY
    Current Assets / Current Liabilities2.40
    ✓Dreman> 1.5
    Return on Invested Capital6.3%
    ✗Munger> 15%
    ROIC (high and growing)FY2023: ROIC=6.0%; FY2024: ROIC=7.4%; FY2025: ROIC=6.3%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROIC5.7% (RR=90% x ROIC=6.3%)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)0/3 years above 12% (latest 6.3%)
    ✗SleepROIC > 12% in a majority of years

Business & financials

Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.

Company Profile

Industry: Construction
SIC Sector: Building Construction
Size: Micro Cap($14.5M)
Revenue: $139.0M+0.7% YoY
Net Income: $4.8M-5.6% YoY

Financial Snapshot

Operating Margin7.1%
Return on Equity18.0%
Debt / Equity3.67
Current Ratio2.40
EPS (Diluted)$0.20−13.4% 1y
Shares Retired0.2% / −9.2% 2y

Shareholder Return

Fiscal 2025

Retired 0.2% of shares last year, 9.2% issued over two.

Buybacks
—
Dividends
$492.4K

What drove EPS

A buyback raises earnings per share without the company earning more. This splits each year's change into the two.

FY24
128.9% = 135.7% + −2.9%
FY25
−13.4% = −5.6% + −8.3%
Earnings Fewer shares More shares

The two parts do not sum exactly to the total — the difference is the cross-term, plus preferred capital where the company has any. It is left visible rather than distributed into the other two.

Share count is the denominator the filer used for diluted EPS, recovered as net income ÷ EPS — not the balance-sheet count, which is a point-in-time figure and would put the timing difference into this split. Years with a loss are omitted: a smaller share count makes a loss per share larger, so the decomposition inverts.

Company Financials

Latest TTM and quarters alongside annual years

TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.

MetricFY 2025
Sources
  • 20-F · 2026-07-13
FY 2024
Sources
  • 20-F · 2025-07-07
FY 2023
Sources
  • 20-F · 2025-07-07
FY 2022
Sources
  • 20-F · 2025-07-07
FY 2021
Sources
  • 20-F · 2025-07-07
Market Cap$14.5Mcurrent$70.0Mest.------
Revenue$139.0M↑1%$138.0M↑48%$93.3M↓6%$99.6M--
Operating Income$9.8M↑10%$9.0M↑45%$6.2M↓10%$6.9M--
Net Income$4.8M↓6%$5.0M↑136%$2.1M↓20%$2.7M--
EPS (Diluted)$0.20↓13%$0.23↑129%$0.10----
Gross Margin19.8%↑15%17.2%↓8%18.8%↓1%19.0%—
Operating Margin7.1%↑9%6.5%↓2%6.6%↓4%6.9%—
ROE18.0%↓16%21.4%↑17%18.4%↓39%30.1%—
Total Debt$96.7M↑33%$72.7M↑4%$70.2M----
Shareholders' Equity$26.4M↑12%$23.5M↑102%$11.6M↑32%$8.8M↑108%$4.2M
Current Ratio2.40↑15%2.08↑42%1.47——
Debt / Equity3.67↑19%3.09↓49%6.03——
Operating Cash Flow-$13.8M↓356%$5.4M↑139%-$13.8M↑50%-$27.4M--
Free Cash Flow-$24.0M↓568%$5.1M↑137%-$14.0M↑49%-$27.6M--

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Construction

LGPS vs Peers — Financial Grading

Revenue$139.0MBottom 25%
Net Income$4.8MBottom 25%
ROE18.0%Top 25%
D/E3.67Bottom 25%
Op. Margin7.1%Bottom 25%
Curr. Ratio2.40Top 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
HITACHI LTDHTHIY$137.0B$30.83——————1/90/92/70/3F-Score 73/11
QUANTA SERVICES, INC.PWR$90.7B$602.01$28.5B$1.0B11.5%0.675.7%1.141/91/93/71/3F-Score 53/11
HORTON D R INC /DE/DHI$39.5B$145.55$34.3B$3.6B14.8%0.25——4/92/94/70/3F-Score 44/11
EMCOR Group, Inc.EME$28.9B$659.36$17.0B$1.3B34.6%0.0010.1%1.223/96/96/71/3F-Score 76/11
PULTEGROUP INC/MI/PHM$23.4B$127.01$17.3B$2.2B17.1%———3/92/95/71/3F-Score 35/11
JACOBS SOLUTIONS INC.J$18.7B$158.23$12.0B$289.3M7.9%0.617.2%1.303/91/92/71/3F-Score 71/11
MASTEC INCMTZ$14.7B$182.78$14.3B$399.0M12.2%0.72—1.321/91/92/71/3F-Score 83/11
Toll Brothers, Inc.TOL$13.6B$147.85$11.0B$1.3B16.3%0.1115.7%—3/94/95/71/3F-Score 47/11