Korn Ferry (FRA:KFY) Piotroski F-Score: 7 (As of Jul. 14, 2026) — Near Median

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FRA:KFY Korn Ferry FRA:KFY
92 GF Score
Price €61.00
GF Value €58.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Korn Ferry Piotroski F-Score?

Korn Ferry FRA:KFY +0.83% 92 Piotroski F-Score is 7 as of Jul. 14, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:KFY with a GF Score™ of 92/100 and a GF Value™ of €58.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,064 Business Services companies, Korn Ferry ranks better than 88.91% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Korn Ferry has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Korn Ferry's Piotroski F-Score or its related term are showing as below:

FRA:KFY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Korn Ferry was 8. The lowest was 4. And the median was 7.

Korn Ferry  (FRA:KFY) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Korn Ferry Piotroski F-Score Related Terms


Korn Ferry Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Korn Ferry'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.

Korn Ferry Piotroski F-Score Chart

Korn Ferry Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 4.00 7.00 7.00

Korn Ferry Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-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 7.00 8.00 7.00 7.00 7.00

FRA:KFY vs RHI, TNET, MAN: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, Korn Ferry'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.


Korn Ferry Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Korn Ferry's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Korn Ferry's Piotroski F-Score falls into.


FRA:KFY
92GF Score
Korn Ferry FRA:KFY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 57.107 + 62.191 + 55.541 + 62.53 = €237 Mil.
Cash Flow from Operations was -203.424 + 104.295 + 198.674 + 253.665 = €353 Mil.
Revenue was 613.22 + 626.898 + 617.011 + 656.859 = €2,514 Mil.
Gross Profit was 541.126 + 552.004 + 541.898 + 579.271 = €2,214 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(3436.489 + 3111.422 + 3197.999 + 3361.116 + 3475.383) / 5 = €3316.4818 Mil.
Total Assets at the begining of this year (Apr25) was €3,436 Mil.
Long-Term Debt & Capital Lease Obligation was €482 Mil.
Total Current Assets was €1,630 Mil.
Total Current Liabilities was €840 Mil.
Net Income was 57.721 + 55.814 + 56.428 + 57.177 = €227 Mil.

Revenue was 629.506 + 626.039 + 653.536 + 640.646 = €2,550 Mil.
Gross Profit was 560.025 + 559.712 + 570.599 + 567.127 = €2,257 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(3428.706 + 3178.659 + 3237.467 + 3525.571 + 3436.489) / 5 = €3361.3784 Mil.
Total Assets at the begining of last year (Apr24) was €3,429 Mil.
Long-Term Debt & Capital Lease Obligation was €471 Mil.
Total Current Assets was €1,558 Mil.
Total Current Liabilities was €850 Mil.

*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.

Korn Ferry's current Net Income (TTM) was 237. ==> 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.

Score 1 if positive, 0 if negative.

Korn Ferry's current Cash Flow from Operations (TTM) was 353. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr25)
=237.369/3436.489
=0.06907312

ROA (Last Year)=Net Income/Total Assets (Apr24)
=227.14/3428.706
=0.06624657

Korn Ferry's return on assets of this year was 0.06907312. Korn Ferry's return on assets of last year was 0.06624657. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Korn Ferry's current Net Income (TTM) was 237. Korn Ferry's current Cash Flow from Operations (TTM) was 353. ==> 353 > 237 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=481.762/3316.4818
=0.14526297

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=471.253/3361.3784
=0.14019636

Korn Ferry's gearing of this year was 0.14526297. Korn Ferry's gearing of last year was 0.14019636. ==> 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

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=1629.61/839.619
=1.94089224

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=1557.623/850.482
=1.8314591

Korn Ferry's current ratio of this year was 1.94089224. Korn Ferry's current ratio of last year was 1.8314591. ==> 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.

Korn Ferry's number of shares in issue this year was 52.24. Korn Ferry's number of shares in issue last year was 52.857. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2214.299/2513.988
=0.8807914

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2257.463/2549.727
=0.88537439

Korn Ferry's gross margin of this year was 0.8807914. Korn Ferry's gross margin of last year was 0.88537439. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr25)
=2513.988/3436.489
=0.73155712

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=2549.727/3428.706
=0.74364119

Korn Ferry's asset turnover of this year was 0.73155712. Korn Ferry's asset turnover of last year was 0.74364119. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+1+1+0+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Korn Ferry has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Korn Ferry (FRA:KFY) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Korn Ferry and its competitors. This is near median its historical median of 7.00. Over the past decade, Korn Ferry's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Korn Ferry ranks #118 out of 1064 companies in the Business Services industry, placing it in the top 11.1%.
Is Korn Ferry's Piotroski F-Score too high?
Korn Ferry's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Korn Ferry's value of 7 is 40% above this industry median. Based on the distribution chart, Korn Ferry ranks #118 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Korn Ferry has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Korn Ferry's Piotroski F-Score compare to RHI and TNET?
According to the Business Services industry distribution chart, Korn Ferry ranks #118 out of 1064 companies for Piotroski F-Score. This places Korn Ferry in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Korn Ferry's value of 7 is 40% above this benchmark. Historically, Korn Ferry's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Korn Ferry 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Korn Ferry's current Piotroski F-Score of 7 is 40% 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 Korn Ferry and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korn Ferry's current Piotroski F-Score is 7, which is near 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 Korn Ferry stock overvalued right now?
Based on GuruFocus' analysis, Korn Ferry (FRA:KFY) is currently considered Fairly Valued. The stock's GF Value™ is €58.97, compared to a current price of €61.00 — trading 3.4% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Business Services industry median of 5.00. Korn Ferry's overall GF Score™ is 92/100 with 4 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 Korn Ferry (FRA:KFY), the current Piotroski F-Score is 7 as of Jul. 14, 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 Korn Ferry (FRA:KFY) Overvalued in 2026?

Based on GuruFocus' analysis, Korn Ferry stock appears to be overvalued. The current stock price of €61.00 is trading 3.4% above its estimated GF Value™ of €58.97. GuruFocus considers Korn Ferry to be Fairly Valued.

Key valuation signals for FRA:KFY:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: €58.97 vs. price of €61.00 (3.4% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 40% above the Business Services median (#118 of 1064)

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


Korn Ferry Business Description

Other Exchanges KFY:USA
Address 1900 Avenue of the Stars, Suite 1225, Los Angeles, CA, USA, 90067
Korn Ferry is a consulting firm that powers performance. The Company helps unlock the potential in people and unleash transformation across organizations synchronizing, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. The company's segment includes Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search APAC, Executive Search Latin America, Professional Search & Interim and RPO. The company generates the majority of its revenue from the Executive Search segment and Consulting segment. The Executive search segment helps organizations recruit board-level, chief executive, and other C-suite/senior executive and general management talent to deliver lasting impact.
92GF Score

Get the complete analysis for FRA:KFY

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

€61.00
Price
€58.97
GF Value