KRMKF (Kromek Group) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 100% Above Median


KRMKF Kromek Group PLC KRMKF
34 GF Score
Price $0.11
GF Value $0.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kromek Group Piotroski F-Score?

Kromek Group KRMKF +0.97% 34 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates KRMKF with a GF Score™ of 34/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, Kromek Group ranks better than 98.64% 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

Kromek Group 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 Kromek Group's Piotroski F-Score or its related term are showing as below:

KRMKF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Kromek Group was 8. The lowest was 2. And the median was 4.

Kromek Group  (OTCPK:KRMKF) 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.


Kromek Group Piotroski F-Score Related Terms


Kromek Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kromek Group'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.

Kromek Group Piotroski F-Score Chart

Kromek Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 6.00 6.00 8.00

Kromek Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 6.00 0.00 8.00 0.00

KRMKF vs COHR, KEYS, GRMN: Piotroski F-Score Comparison

For the Scientific & Technical Instruments subindustry, Kromek Group'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.


Kromek Group Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Kromek Group's Piotroski F-Score distribution charts can be found below:

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


KRMKF
34GF Score
Kromek Group PLC KRMKF
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 (Apr25) TTM:Last Year (Apr24) TTM:
Net Income was $4.93 Mil.
Cash Flow from Operations was $20.90 Mil.
Revenue was $34.83 Mil.
Gross Profit was $28.16 Mil.
Average Total Assets from the begining of this year (Apr24)
to the end of this year (Apr25) was (87.85 + 86.558) / 2 = $87.204 Mil.
Total Assets at the begining of this year (Apr24) was $87.85 Mil.
Long-Term Debt & Capital Lease Obligation was $4.80 Mil.
Total Current Assets was $27.41 Mil.
Total Current Liabilities was $12.12 Mil.
Net Income was $-4.12 Mil.

Revenue was $24.28 Mil.
Gross Profit was $13.40 Mil.
Average Total Assets from the begining of last year (Apr23)
to the end of last year (Apr24) was (79.549 + 87.85) / 2 = $83.6995 Mil.
Total Assets at the begining of last year (Apr23) was $79.55 Mil.
Long-Term Debt & Capital Lease Obligation was $5.33 Mil.
Total Current Assets was $30.18 Mil.
Total Current Liabilities was $19.40 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.

Kromek Group's current Net Income (TTM) was 4.93. ==> 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.

Kromek Group's current Cash Flow from Operations (TTM) was 20.90. ==> 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 (Apr24)
=4.933/87.85
=0.05615253

ROA (Last Year)=Net Income/Total Assets (Apr23)
=-4.121/79.549
=-0.05180455

Kromek Group's return on assets of this year was 0.05615253. Kromek Group's return on assets of last year was -0.05180455. ==> 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.

Kromek Group's current Net Income (TTM) was 4.93. Kromek Group's current Cash Flow from Operations (TTM) was 20.90. ==> 20.90 > 4.93 ==> 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: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=4.802/87.204
=0.05506628

Gearing (Last Year: Apr24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr23 to Apr24
=5.334/83.6995
=0.06372798

Kromek Group's gearing of this year was 0.05506628. Kromek Group's gearing of last year was 0.06372798. ==> 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: Apr25)=Total Current Assets/Total Current Liabilities
=27.406/12.116
=2.26196765

Current Ratio (Last Year: Apr24)=Total Current Assets/Total Current Liabilities
=30.183/19.399
=1.55590494

Kromek Group's current ratio of this year was 2.26196765. Kromek Group's current ratio of last year was 1.55590494. ==> 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.

Kromek Group's number of shares in issue this year was 642.539. Kromek Group's number of shares in issue last year was 596.423. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=28.162/34.83
=0.80855584

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13.404/24.284
=0.55196837

Kromek Group's gross margin of this year was 0.80855584. Kromek Group's gross margin of last year was 0.55196837. ==> 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 (Apr24)
=34.83/87.85
=0.39647126

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr23)
=24.284/79.549
=0.30527097

Kromek Group's asset turnover of this year was 0.39647126. Kromek Group's asset turnover of last year was 0.30527097. ==> 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

Kromek Group has an F-score of 8. 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 8 mean?
Kromek Group (KRMKF) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kromek Group and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Kromek Group's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Kromek Group ranks #33 out of 2426 companies in the Hardware industry, placing it in the top 1.4%.
Is Kromek Group's Piotroski F-Score too high?
Kromek Group's current Piotroski F-Score of 8 is 100% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Kromek Group's value of 8 is 60% above this industry median. Based on the distribution chart, Kromek Group ranks #33 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kromek Group has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kromek Group's Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kromek Group ranks #33 out of 2426 companies for Piotroski F-Score. This places Kromek Group in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kromek Group's value of 8 is 60% above this benchmark. Historically, Kromek Group'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 4.00 vs. the industry median of 5.00, Kromek Group 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. Kromek Group'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 Kromek Group and its competitors. For the Hardware 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. Kromek Group's current Piotroski F-Score is 8, which is 100% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kromek Group stock overvalued right now?
Based on GuruFocus' analysis, Kromek Group (KRMKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.11 — trading 63.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 60% above the Hardware industry median of 5.00. Kromek Group's overall GF Score™ is 34/100 with 5 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 Kromek Group (KRMKF), the current Piotroski F-Score is 8 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 Kromek Group (KRMKF) Overvalued in 2026?

Based on GuruFocus' analysis, Kromek Group stock appears to be overvalued. The current stock price of $0.11 is trading 63.3% above its estimated GF Value™ of $0.07. GuruFocus considers Kromek Group to be Significantly Overvalued.

Key valuation signals for KRMKF:

  • Piotroski F-Score: 8 (100% above median its 10-year median of 4.00)
  • GF Value™: $0.07 vs. price of $0.11 (63.3% above fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 60% above the Hardware median (#33 of 2426)

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


Kromek Group Business Description

Other Exchanges KMK:UK4KM:Germany
Address Thomas Wright Way, NETPark, Durham County, Sedgefield, GBR, TS21 3FD
Kromek Group PLC is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterization capabilities within the medical imaging, nuclear detection, and security screening markets. Based on its technology platforms, the company designs, develops, and produces X-ray and gamma-ray imaging and radiation detection products for the industrial and consumer markets. Some of its products include the TN15 thermal neutron detector, the SPEAR CZT-based radiation detector, the VTF voltage to frequency converter, the D3S NET networked radiation detector, and Photon-counting spectral CT. Its geographical segments include the United Kingdom, North America, Asia, Europe, and Other, of which the majority of the revenue comes from North America.
34GF Score

Get the complete analysis for KRMKF

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

$0.11
Price
$0.07
GF Value