KANP (Kaanapali Land LLC) Piotroski F-Score: 9 (As of Jun. 26, 2026) — 80% Above Median


KANP Kaanapali Land LLC KANP
46 GF Score
Price $30.01
GF Value $341.96
Valuation Possible Value Trap
! 3 Warning Signs
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What is Kaanapali Land LLC Piotroski F-Score?

Kaanapali Land LLC KANP 46 Piotroski F-Score is 9 as of Jun. 26, 2026, which is 80% above its 10-year median of 5.00. GuruFocus rates KANP with a GF Score™ of 46/100 and a GF Value™ of $341.96 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,756 Real Estate companies, Kaanapali Land LLC ranks better than 99.94% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Kaanapali Land LLC has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

KANP' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Kaanapali Land LLC was 9. The lowest was 2. And the median was 5.

Kaanapali Land LLC  (OTCPK:KANP) 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.


Kaanapali Land LLC Piotroski F-Score Related Terms


Kaanapali Land LLC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kaanapali Land LLC'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.

Kaanapali Land LLC Piotroski F-Score Chart

Kaanapali Land LLC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 8.00 7.00 2.00 3.00

Kaanapali Land LLC 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 4.00 4.00 3.00 3.00 9.00

KANP vs AEI, FHRT, ILAL: Piotroski F-Score Comparison

For the Real Estate - Development subindustry, Kaanapali Land LLC'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.


Kaanapali Land LLC Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaanapali Land LLC's Piotroski F-Score distribution charts can be found below:

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


KANP
46GF Score
Kaanapali Land LLC KANP
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -0.338 + -0.538 + -1.682 + 13.309 = $10.75 Mil.
Cash Flow from Operations was -0.638 + -1.431 + -2.203 + 20.922 = $16.65 Mil.
Revenue was 0.376 + 0.467 + 0.362 + 20.383 = $21.59 Mil.
Gross Profit was -0.014 + 0.317 + -0.656 + 10.323 = $9.97 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(88.746 + 89.433 + 88.425 + 85.749 + 97.777) / 5 = $90.026 Mil.
Total Assets at the begining of this year (Mar25) was $88.75 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $39.91 Mil.
Total Current Liabilities was $0.43 Mil.
Net Income was 2.033 + -0.321 + -1.769 + -1.168 = $-1.23 Mil.

Revenue was 0.423 + 0.402 + 0.585 + 0.44 = $1.85 Mil.
Gross Profit was -0.183 + -0.365 + -0.154 + 0.147 = $-0.56 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(90.629 + 92.824 + 92.814 + 90.967 + 88.746) / 5 = $91.196 Mil.
Total Assets at the begining of last year (Mar24) was $90.63 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $21.04 Mil.
Total Current Liabilities was $0.51 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.

Kaanapali Land LLC's current Net Income (TTM) was 10.75. ==> 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.

Kaanapali Land LLC's current Cash Flow from Operations (TTM) was 16.65. ==> 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)
=10.751/88.746
=0.12114349

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-1.225/90.629
=-0.01351664

Kaanapali Land LLC's return on assets of this year was 0.12114349. Kaanapali Land LLC's return on assets of last year was -0.01351664. ==> 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.

Kaanapali Land LLC's current Net Income (TTM) was 10.75. Kaanapali Land LLC's current Cash Flow from Operations (TTM) was 16.65. ==> 16.65 > 10.75 ==> 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
=0/90.026
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/91.196
=0

Kaanapali Land LLC's gearing of this year was 0. Kaanapali Land LLC's gearing of last year was 0. ==> 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
=39.905/0.426
=93.67370892

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=21.035/0.51
=41.24509804

Kaanapali Land LLC's current ratio of this year was 93.67370892. Kaanapali Land LLC's current ratio of last year was 41.24509804. ==> 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.

Kaanapali Land LLC's number of shares in issue this year was 1.845. Kaanapali Land LLC's number of shares in issue last year was 1.845. ==> 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
=9.97/21.588
=0.46183065

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.555/1.85
=-0.3

Kaanapali Land LLC's gross margin of this year was 0.46183065. Kaanapali Land LLC's gross margin of last year was -0.3. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=21.588/88.746
=0.24325603

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1.85/90.629
=0.02041289

Kaanapali Land LLC's asset turnover of this year was 0.24325603. Kaanapali Land LLC's asset turnover of last year was 0.02041289. ==> 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+1+1+1
=9

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

Kaanapali Land LLC has an F-score of 9. 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 9 mean?
Kaanapali Land LLC (KANP) has a Piotroski F-Score of 9 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kaanapali Land LLC and its competitors. This is 80% above median its historical median of 5.00. Over the past decade, Kaanapali Land LLC's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Kaanapali Land LLC ranks #1 out of 1756 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is Kaanapali Land LLC's Piotroski F-Score too high?
Kaanapali Land LLC's current Piotroski F-Score of 9 is 80% 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 9.00. The Real Estate industry median Piotroski F-Score is 5.00. Kaanapali Land LLC's value of 9 is 80% above this industry median. Based on the distribution chart, Kaanapali Land LLC ranks #1 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Kaanapali Land LLC has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaanapali Land LLC's Piotroski F-Score compare to AEI and FHRT?
According to the Real Estate industry distribution chart, Kaanapali Land LLC ranks #1 out of 1756 companies for Piotroski F-Score. This places Kaanapali Land LLC in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kaanapali Land LLC's value of 9 is 80% above this benchmark. Historically, Kaanapali Land LLC's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Kaanapali Land LLC 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. Kaanapali Land LLC's current Piotroski F-Score of 9 is 80% 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 Kaanapali Land LLC and its competitors. For the Real Estate 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. Kaanapali Land LLC's current Piotroski F-Score is 9, which is 80% 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 Kaanapali Land LLC stock overvalued right now?
Based on GuruFocus' analysis, Kaanapali Land LLC (KANP) is currently considered Possible Value Trap. The stock's GF Value™ is $341.96, compared to a current price of $30.01 — trading 91.2% below its estimated fair value. The current Piotroski F-Score is 9, which is 80% above median its 10-year median of 5.00 and 80% above the Real Estate industry median of 5.00. Kaanapali Land LLC's overall GF Score™ is 46/100 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 Kaanapali Land LLC (KANP), the current Piotroski F-Score is 9 as of Jun. 26, 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 Kaanapali Land LLC (KANP) Overvalued in 2026?

Based on GuruFocus' analysis, Kaanapali Land LLC stock appears to be undervalued. The current stock price of $30.01 is trading 91.2% below its estimated GF Value™ of $341.96. GuruFocus considers Kaanapali Land LLC to be Possible Value Trap.

Key valuation signals for KANP:

  • Piotroski F-Score: 9 (80% above median its 10-year median of 5.00)
  • GF Value™: $341.96 vs. price of $30.01 (91.2% below fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 80% above the Real Estate median (#1 of 1756)

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


Kaanapali Land LLC Business Description

Address 900 N Michigan Avenue, Chicago, IL, USA, 60611
Kaanapali Land LLC and its subsidiaries operate in the Property and Agriculture business segments. The agriculture segment consists of farming, harvesting and milling operations relating to coffee orchards. The property segment includes the development of land for sale and negotiates bulk sales of undeveloped land. The firm generates the majority of its revenues from the Property segment. All operations of the firm are located in the State of Hawaii, United States.
46GF Score

Get the complete analysis for KANP

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

$30.01
Price
$341.96
GF Value