NS United Kaiun KaishaFRA:8WN -1.09%76 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates FRA:8WN with a GF Score™ of 76/100 and a GF Value™ of €24.06 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 979 Transportation companies, NS United Kaiun Kaisha ranks better than 97.34% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
NS United Kaiun Kaisha has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for NS United Kaiun Kaisha's Piotroski F-Score or its related term are showing as below:
FRA:8WN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of NS United Kaiun Kaisha was 9. The lowest was 5. And the median was 7.
NS United Kaiun Kaisha (FRA:8WN) 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.
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.
NS United Kaiun Kaisha Piotroski F-Score Related Terms
NS United Kaiun Kaisha Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for NS United Kaiun Kaisha'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.
NS United Kaiun Kaisha Piotroski F-Score Competitor Comparison
For the Marine Shipping subindustry, NS United Kaiun Kaisha'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.
NS United Kaiun Kaisha Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, NS United Kaiun Kaisha's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where NS United Kaiun Kaisha'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.
NS United Kaiun Kaisha's current Net Income (TTM) was 131.
==> 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.
NS United Kaiun Kaisha's return on assets of this year was 0.07350415. NS United Kaiun Kaisha's return on assets of last year was 0.06571711.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
NS United Kaiun Kaisha's gearing of this year was 0.15385045. NS United Kaiun Kaisha's gearing of last year was 0.24763601.
==> 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
NS United Kaiun Kaisha's current ratio of this year was 2.73271531. NS United Kaiun Kaisha's current ratio of last year was 2.59197086.
==> This year's current ratio is higher. ==> Score 1.
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.
NS United Kaiun Kaisha's number of shares in issue this year was 23.566. NS United Kaiun Kaisha's number of shares in issue last year was 23.566.
==> 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.
NS United Kaiun Kaisha's gross margin of this year was 0.12615302. NS United Kaiun Kaisha's gross margin of last year was 0.11311647.
==> This year's gross margin is higher. ==> Score 1.
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
NS United Kaiun Kaisha's asset turnover of this year was 0.70097812. NS United Kaiun Kaisha's asset turnover of last year was 0.87315468.
==> 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
NS United Kaiun Kaisha has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
NS United Kaiun Kaisha (FRA:8WN) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NS United Kaiun Kaisha and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, NS United Kaiun Kaisha's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, NS United Kaiun Kaisha ranks #26 out of 979 companies in the Transportation industry, placing it in the top 2.7%.
Is NS United Kaiun Kaisha's Piotroski F-Score too high?
NS United Kaiun Kaisha's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. NS United Kaiun Kaisha's value of 8 is 33.3% above this industry median. Based on the distribution chart, NS United Kaiun Kaisha ranks #26 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, NS United Kaiun Kaisha has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NS United Kaiun Kaisha's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, NS United Kaiun Kaisha ranks #26 out of 979 companies for Piotroski F-Score. This places NS United Kaiun Kaisha in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. NS United Kaiun Kaisha's value of 8 is 33.3% above this benchmark. Historically, NS United Kaiun Kaisha's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, NS United Kaiun Kaisha 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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. NS United Kaiun Kaisha's current Piotroski F-Score of 8 is 33.3% 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 NS United Kaiun Kaisha and its competitors. For the Transportation 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. NS United Kaiun Kaisha's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NS United Kaiun Kaisha stock overvalued right now?
Based on GuruFocus' analysis, NS United Kaiun Kaisha (FRA:8WN) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.06, compared to a current price of €36.40 — trading 51.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the Transportation industry median of 6.00. NS United Kaiun Kaisha's overall GF Score™ is 76/100 with 1 warning sign 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 NS United Kaiun Kaisha (FRA:8WN), the current Piotroski F-Score is 8 as of Jun. 25, 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 NS United Kaiun Kaisha (FRA:8WN) Overvalued in 2026?
Based on GuruFocus' analysis, NS United Kaiun Kaisha stock appears to be overvalued.
The current stock price of €36.40 is trading 51.3% above its estimated GF Value™ of €24.06.
GuruFocus considers NS United Kaiun Kaisha to be Significantly Overvalued.
Key valuation signals for FRA:8WN:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: €24.06 vs. price of €36.40 (51.3% above fair value)
Industry Position: 33.3% above the Transportation median (#26 of 979)
No single metric tells the full story. See the FRA:8WN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NS United Kaiun Kaisha Ltd is engaged in the marine business. The company provides land and sea transportation, operates as a shipping agent for land, air, and marine transportation, and property and act as some life insurance agency operations. Additionally, it also manufactures, maintains and sells shipping equipment as well as is also involved in the real-estate operations. The company offers marine transportation services such as raw materials and fuel for the iron production industry, raw materials for other industries, various energy resources, industrial products, and feed grains.
76GF Score
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