KMRSF (Kemira Oyj) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 20% Below Median


KMRSF Kemira Oyj KMRSF
82 GF Score
Price $25.00
GF Value $26.51
! 2 Warning Signs
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What is Kemira Oyj Piotroski F-Score?

Kemira Oyj KMRSF 82 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates KMRSF with a GF Score™ of 82/100 and a GF Value™ of $26.51. The stock has 2 warning signs investors should review. Among 1,567 Chemicals companies, Kemira Oyj ranks worse than 64.9% on this metric.

The zones of discrimination were as such:

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

Kemira Oyj has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

KMRSF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of Kemira Oyj was 7. The lowest was 4. And the median was 5.

Kemira Oyj  (OTCPK:KMRSF) 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.


Kemira Oyj Piotroski F-Score Related Terms


Kemira Oyj Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kemira Oyj'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.

Kemira Oyj Piotroski F-Score Chart

Kemira Oyj 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 5.00 7.00 4.00 6.00 5.00

Kemira Oyj 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 5.00 5.00 6.00 5.00 4.00

KMRSF vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj Piotroski F-Score vs Chemicals Industry

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

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


KMRSF
82GF Score
Kemira Oyj KMRSF
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 62.745 + 68.192 + 11.944 + 49.364 = $192 Mil.
Cash Flow from Operations was 73.587 + 155.164 + 148.946 + 106.012 = $484 Mil.
Revenue was 799.769 + 807.16 + 777.166 + 783.006 = $3,167 Mil.
Gross Profit was 799.769 + 807.16 + 777.166 + 783.006 = $3,167 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3478.811 + 3580.046 + 3726.995 + 3669.555 + 3669.017) / 5 = $3624.8848 Mil.
Total Assets at the begining of this year (Mar25) was $3,479 Mil.
Long-Term Debt & Capital Lease Obligation was $745 Mil.
Total Current Assets was $1,154 Mil.
Total Current Liabilities was $845 Mil.
Net Income was 66.738 + 70.588 + 50.262 + 63.351 = $251 Mil.

Revenue was 789.451 + 807.547 + 757.801 + 766.27 = $3,121 Mil.
Gross Profit was 789.451 + 807.547 + 757.801 + 766.27 = $3,121 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3705.326 + 3499.785 + 3624.972 + 3540.314 + 3478.811) / 5 = $3569.8416 Mil.
Total Assets at the begining of last year (Mar24) was $3,705 Mil.
Long-Term Debt & Capital Lease Obligation was $587 Mil.
Total Current Assets was $1,321 Mil.
Total Current Liabilities was $835 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.

Kemira Oyj's current Net Income (TTM) was 192. ==> 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.

Kemira Oyj's current Cash Flow from Operations (TTM) was 484. ==> 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)
=192.245/3478.811
=0.0552617

ROA (Last Year)=Net Income/Total Assets (Mar24)
=250.939/3705.326
=0.06772387

Kemira Oyj's return on assets of this year was 0.0552617. Kemira Oyj's return on assets of last year was 0.06772387. ==> Last year is higher ==> Score 0.

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.

Kemira Oyj's current Net Income (TTM) was 192. Kemira Oyj's current Cash Flow from Operations (TTM) was 484. ==> 484 > 192 ==> 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
=744.624/3624.8848
=0.20542005

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=587.351/3569.8416
=0.16453139

Kemira Oyj's gearing of this year was 0.20542005. Kemira Oyj's gearing of last year was 0.16453139. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1154.22/844.509
=1.36673499

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1320.649/835.135
=1.5813599

Kemira Oyj's current ratio of this year was 1.36673499. Kemira Oyj's current ratio of last year was 1.5813599. ==> Last year's current ratio is higher ==> Score 0.

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.

Kemira Oyj's number of shares in issue this year was 74.8. Kemira Oyj's number of shares in issue last year was 77.7. ==> 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
=3167.101/3167.101
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3121.069/3121.069
=1

Kemira Oyj's gross margin of this year was 1. Kemira Oyj's gross margin of last year was 1. ==> 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)
=3167.101/3478.811
=0.91039755

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3121.069/3705.326
=0.84231968

Kemira Oyj's asset turnover of this year was 0.91039755. Kemira Oyj's asset turnover of last year was 0.84231968. ==> 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+0+1+0+0+1+0+1
=5

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

Kemira Oyj has an F-score of 5 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 4 mean?
Kemira Oyj (KMRSF) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kemira Oyj and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Kemira Oyj's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Kemira Oyj ranks #1017 out of 1567 companies in the Chemicals industry, placing it in the top 64.9%.
Is Kemira Oyj's Piotroski F-Score too high?
Kemira Oyj's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. 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. Kemira Oyj's value of 4 is 20% below this industry median. Based on the distribution chart, Kemira Oyj ranks #1017 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kemira Oyj has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Kemira Oyj's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Kemira Oyj ranks #1017 out of 1567 companies for Piotroski F-Score. This places Kemira Oyj in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Kemira Oyj's value of 4 is 20% below this benchmark. Historically, Kemira Oyj'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 5.00 vs. the industry median of 5.00, Kemira Oyj has consistently been below 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 1,567 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. Kemira Oyj's current Piotroski F-Score of 4 is 20% below 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 Kemira Oyj 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. Kemira Oyj's current Piotroski F-Score is 4, which is 20% below 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 Kemira Oyj stock overvalued right now?
Kemira Oyj (KMRSF) has a current Piotroski F-Score of 4. The stock's GF Value™ is $26.51, compared to a current price of $25.00 — trading 5.7% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Chemicals industry median of 5.00. Kemira Oyj's overall GF Score™ is 82/100 with 2 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 Kemira Oyj (KMRSF), the current Piotroski F-Score is 4 as of Jun. 27, 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 Kemira Oyj (KMRSF) Overvalued in 2026?

Based on GuruFocus' analysis, Kemira Oyj stock appears to be undervalued. The current stock price of $25.00 is trading 5.7% below its estimated GF Value™ of $26.51.

Key valuation signals for KMRSF:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: $26.51 vs. price of $25.00 (5.7% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 20% below the Chemicals median (#1017 of 1567)

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


Kemira Oyj Business Description

Address Energiakatu 4, P.O. Box 330, Helsinki, FIN, 00180
Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that help customers use water, energy, and raw materials more efficiently. Along with its subsidiaries, the company's operating business segments are: Water Solutions, Packaging & Hygiene Solutions, and Fiber Essentials. The majority of its revenue is generated from the Water solutions segment. Geographically, the company derives its key revenue from EMEA (Europe, the Middle East, and Africa), followed by the Americas and the Asia-Pacific region.
82GF Score

Get the complete analysis for KMRSF

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

$25.00
Price
$26.51
GF Value