KANKF (Kaneka) Piotroski F-Score: 7 (As of Jul. 01, 2026) — 17% Above Median


KANKF Kaneka Corp KANKF
79 GF Score
Price $30.28
GF Value $23.26
! 8 Warning Signs
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What is Kaneka Piotroski F-Score?

Kaneka KANKF 79 Piotroski F-Score is 7 as of Jul. 01, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates KANKF with a GF Score™ of 79/100 and a GF Value™ of $23.26. The stock has 8 warning signs investors should review. Among 1,564 Chemicals companies, Kaneka ranks better than 90.15% 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

Kaneka has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

KANKF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Kaneka was 7. The lowest was 4. And the median was 6.

Kaneka  (OTCPK:KANKF) 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.


Kaneka Piotroski F-Score Related Terms


Kaneka Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kaneka'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.

Kaneka Piotroski F-Score Chart

Kaneka Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 5.00 6.00 7.00

Kaneka Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 0.00 0.00 0.00 7.00

KANKF vs LIN, SHW, ECL: Piotroski F-Score Comparison

For the Specialty Chemicals subindustry, Kaneka'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.


Kaneka Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kaneka's Piotroski F-Score distribution charts can be found below:

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


KANKF
79GF Score
Kaneka Corp KANKF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $195 Mil.
Cash Flow from Operations was $316 Mil.
Revenue was $5,115 Mil.
Gross Profit was $1,421 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (6173.07 + 6044.477) / 2 = $6108.7735 Mil.
Total Assets at the begining of this year (Mar25) was $6,173 Mil.
Long-Term Debt & Capital Lease Obligation was $571 Mil.
Total Current Assets was $2,935 Mil.
Total Current Liabilities was $1,916 Mil.
Net Income was $170 Mil.

Revenue was $5,415 Mil.
Gross Profit was $1,514 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (5808.391 + 6173.07) / 2 = $5990.7305 Mil.
Total Assets at the begining of last year (Mar24) was $5,808 Mil.
Long-Term Debt & Capital Lease Obligation was $600 Mil.
Total Current Assets was $2,982 Mil.
Total Current Liabilities was $1,979 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.

Kaneka's current Net Income (TTM) was 195. ==> 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.

Kaneka's current Cash Flow from Operations (TTM) was 316. ==> 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 (Mar25)
=195.213/6173.07
=0.03162333

ROA (Last Year)=Net Income/Total Assets (Mar24)
=169.793/5808.391
=0.02923236

Kaneka's return on assets of this year was 0.03162333. Kaneka's return on assets of last year was 0.02923236. ==> 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.

Kaneka's current Net Income (TTM) was 195. Kaneka's current Cash Flow from Operations (TTM) was 316. ==> 316 > 195 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=570.881/6108.7735
=0.09345264

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=600.365/5990.7305
=0.10021566

Kaneka's gearing of this year was 0.09345264. Kaneka's gearing of last year was 0.10021566. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2934.901/1916.126
=1.53168476

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2982.23/1978.651
=1.50720365

Kaneka's current ratio of this year was 1.53168476. Kaneka's current ratio of last year was 1.50720365. ==> 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.

Kaneka's number of shares in issue this year was 62.02. Kaneka's number of shares in issue last year was 63.325. ==> 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
=1421.39/5114.849
=0.27789481

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1513.804/5415.356
=0.27953915

Kaneka's gross margin of this year was 0.27789481. Kaneka's gross margin of last year was 0.27953915. ==> 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 (Mar25)
=5114.849/6173.07
=0.8285746

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5415.356/5808.391
=0.93233324

Kaneka's asset turnover of this year was 0.8285746. Kaneka's asset turnover of last year was 0.93233324. ==> 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+1+1+1+0+0
=7

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

Kaneka has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Kaneka (KANKF) has a Piotroski F-Score of 7 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kaneka and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Kaneka's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Kaneka ranks #154 out of 1564 companies in the Chemicals industry, placing it in the top 9.8%.
Is Kaneka's Piotroski F-Score too high?
Kaneka's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Kaneka's value of 7 is 40% above this industry median. Based on the distribution chart, Kaneka ranks #154 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kaneka has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Kaneka's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kaneka ranks #154 out of 1564 companies for Piotroski F-Score. This places Kaneka in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kaneka's value of 7 is 40% above this benchmark. Historically, Kaneka's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kaneka 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. Kaneka'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 Kaneka and its competitors. For the Chemicals 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. Kaneka's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaneka stock overvalued right now?
Kaneka (KANKF) has a current Piotroski F-Score of 7. The stock's GF Value™ is $23.26, compared to a current price of $30.28 — trading 30.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Chemicals industry median of 5.00. Kaneka's overall GF Score™ is 79/100 with 8 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 Kaneka (KANKF), the current Piotroski F-Score is 7 as of Jul. 01, 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 Kaneka (KANKF) Overvalued in 2026?

Based on GuruFocus' analysis, Kaneka stock appears to be overvalued. The current stock price of $30.28 is trading 30.2% above its estimated GF Value™ of $23.26.

Key valuation signals for KANKF:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $23.26 vs. price of $30.28 (30.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 40% above the Chemicals median (#154 of 1564)

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


Kaneka Business Description

Other Exchanges 4118:JapanKKA:Germany
Address 3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288
Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.
79GF Score

Get the complete analysis for KANKF

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

$30.28
Price
$23.26
GF Value