Keda Industrial Group CoFRA:T0T 90 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates FRA:T0T with a GF Score™ of 90/100 and a GF Value™ of €13.58. The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Keda Industrial Group Co ranks better than 97.98% 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
Keda Industrial Group Co 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 Keda Industrial Group Co's Piotroski F-Score or its related term are showing as below:
FRA:T0T'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Keda Industrial Group Co was 8. The lowest was 2. And the median was 5.
Keda Industrial Group Co (FRA:T0T) 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.
Keda Industrial Group Co Piotroski F-Score Related Terms
Keda Industrial Group Co Piotroski F-Score Historical Data
* 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.
FRA:T0T vs GEV, ETN, PH: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, Keda Industrial Group Co'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.
Keda Industrial Group Co Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Keda Industrial Group Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Keda Industrial Group Co'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.
Keda Industrial Group Co's current Net Income (TTM) was 189.
==> 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.
Keda Industrial Group Co's current Cash Flow from Operations (TTM) was 317.
==> 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.
Keda Industrial Group Co's return on assets of this year was 0.05264396. Keda Industrial Group Co's return on assets of last year was 0.04305924.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Keda Industrial Group Co's gearing of this year was 0.12885316. Keda Industrial Group Co's gearing of last year was 0.17133098.
==> 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
Keda Industrial Group Co's current ratio of this year was 1.64167087. Keda Industrial Group Co's current ratio of last year was 1.53851714.
==> 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.
Keda Industrial Group Co's number of shares in issue this year was 380.924. Keda Industrial Group Co's number of shares in issue last year was 371.024.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Keda Industrial Group Co's gross margin of this year was 0.29259455. Keda Industrial Group Co's gross margin of last year was 0.26778089.
==> 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
Keda Industrial Group Co's asset turnover of this year was 0.62136245. Keda Industrial Group Co's asset turnover of last year was 0.57081339.
==> This year's asset turnover is higher. ==> Score 1.
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
+
1
+
1
+
0
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Keda Industrial Group Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Keda Industrial Group Co (FRA:T0T) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Keda Industrial Group Co and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Keda Industrial Group Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Keda Industrial Group Co ranks #60 out of 2972 companies in the Industrial Products industry, placing it in the top 2%.
Is Keda Industrial Group Co's Piotroski F-Score too high?
Keda Industrial Group Co's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Keda Industrial Group Co's value of 8 is 60% above this industry median. Based on the distribution chart, Keda Industrial Group Co ranks #60 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Keda Industrial Group Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Keda Industrial Group Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Keda Industrial Group Co ranks #60 out of 2972 companies for Piotroski F-Score. This places Keda Industrial Group Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Keda Industrial Group Co's value of 8 is 60% above this benchmark. Historically, Keda Industrial Group Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Keda Industrial Group Co 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,972 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. Keda Industrial Group Co's current Piotroski F-Score of 8 is 60% 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 Keda Industrial Group Co and its competitors. For the Industrial Products 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. Keda Industrial Group Co's current Piotroski F-Score is 8, which is 60% above 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 Keda Industrial Group Co stock overvalued right now?
Keda Industrial Group Co (FRA:T0T) has a current Piotroski F-Score of 8. The stock's GF Value™ is €13.58, compared to a current price of €11.50 — trading 15.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Industrial Products industry median of 5.00. Keda Industrial Group Co's overall GF Score™ is 90/100 with 3 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 Keda Industrial Group Co (FRA:T0T), the current Piotroski F-Score is 8 as of Jun. 28, 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 Keda Industrial Group Co (FRA:T0T) Overvalued in 2026?
Based on GuruFocus' analysis, Keda Industrial Group Co stock appears to be undervalued.
The current stock price of €11.50 is trading 15.3% below its estimated GF Value™ of €13.58.
Key valuation signals for FRA:T0T:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: €13.58 vs. price of €11.50 (15.3% below fair value)
Industry Position: 60% above the Industrial Products median (#60 of 2972)
No single metric tells the full story. See the FRA:T0T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keda Industrial Group Co Ltd engages in two core businesses, building materials machinery and lithium battery materials, as well as seed businesses such as clean coal gasification technology and equipment, flue gas treatment technology and equipment, and Keda hydraulic pumps.
90GF Score
Get the complete analysis for FRA:T0T
Piotroski F-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
FRA:T0T has been successfully added to your 
