KRRYF (KLN Logistics Group) Piotroski F-Score: 6 (As of Jun. 26, 2026) — 20% Above Median


KRRYF KLN Logistics Group Ltd KRRYF
54 GF Score
Price $0.55
GF Value $1.18
Valuation Significantly Undervalued
! 4 Warning Signs
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What is KLN Logistics Group Piotroski F-Score?

KLN Logistics Group KRRYF 54 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates KRRYF with a GF Score™ of 54/100 and a GF Value™ of $1.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 979 Transportation companies, KLN Logistics Group ranks better than 72.22% 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

KLN Logistics Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

KRRYF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 6

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

KLN Logistics Group  (OTCPK:KRRYF) 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.


KLN Logistics Group Piotroski F-Score Related Terms


KLN Logistics Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for KLN Logistics 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.

KLN Logistics Group Piotroski F-Score Chart

KLN Logistics Group 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 5.00 4.00 5.00 6.00

KLN Logistics Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 5.00 0.00 6.00

KRRYF vs FDX, UPS, JBHT: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, KLN Logistics 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.


KLN Logistics Group Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, KLN Logistics Group's Piotroski F-Score distribution charts can be found below:

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


KRRYF
54GF Score
KLN Logistics Group Ltd KRRYF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $182 Mil.
Cash Flow from Operations was $375 Mil.
Revenue was $7,240 Mil.
Gross Profit was $757 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5493.412 + 5628.056) / 2 = $5560.734 Mil.
Total Assets at the begining of this year (Dec24) was $5,493 Mil.
Long-Term Debt & Capital Lease Obligation was $915 Mil.
Total Current Assets was $2,901 Mil.
Total Current Liabilities was $2,055 Mil.
Net Income was $202 Mil.

Revenue was $7,497 Mil.
Gross Profit was $726 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (5393.341 + 5493.412) / 2 = $5443.3765 Mil.
Total Assets at the begining of last year (Dec23) was $5,393 Mil.
Long-Term Debt & Capital Lease Obligation was $965 Mil.
Total Current Assets was $2,867 Mil.
Total Current Liabilities was $1,997 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.

KLN Logistics Group's current Net Income (TTM) was 182. ==> 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.

KLN Logistics Group's current Cash Flow from Operations (TTM) was 375. ==> 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 (Dec24)
=181.96/5493.412
=0.03312331

ROA (Last Year)=Net Income/Total Assets (Dec23)
=201.619/5393.341
=0.03738295

KLN Logistics Group's return on assets of this year was 0.03312331. KLN Logistics Group's return on assets of last year was 0.03738295. ==> 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.

KLN Logistics Group's current Net Income (TTM) was 182. KLN Logistics Group's current Cash Flow from Operations (TTM) was 375. ==> 375 > 182 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=915.308/5560.734
=0.16460201

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=965.291/5443.3765
=0.17733313

KLN Logistics Group's gearing of this year was 0.16460201. KLN Logistics Group's gearing of last year was 0.17733313. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=2900.763/2054.745
=1.41173868

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2866.86/1996.513
=1.43593355

KLN Logistics Group's current ratio of this year was 1.41173868. KLN Logistics Group's current ratio of last year was 1.43593355. ==> 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.

KLN Logistics Group's number of shares in issue this year was 1802.17. KLN Logistics Group's number of shares in issue last year was 1847.868. ==> 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
=757.104/7240.366
=0.10456709

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=726.461/7496.643
=0.09690484

KLN Logistics Group's gross margin of this year was 0.10456709. KLN Logistics Group's gross margin of last year was 0.09690484. ==> 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 (Dec24)
=7240.366/5493.412
=1.31800892

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=7496.643/5393.341
=1.38998128

KLN Logistics Group's asset turnover of this year was 1.31800892. KLN Logistics Group's asset turnover of last year was 1.38998128. ==> 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+0+1+1+0+1+1+0
=6

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

KLN Logistics Group has an F-score of 6 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 6 mean?
KLN Logistics Group (KRRYF) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on KLN Logistics Group and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, KLN Logistics Group's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, KLN Logistics Group ranks #272 out of 979 companies in the Transportation industry, placing it in the top 27.8%.
Is KLN Logistics Group's Piotroski F-Score too high?
KLN Logistics Group's current Piotroski F-Score of 6 is 20% above 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 Transportation industry median Piotroski F-Score is 6.00. KLN Logistics Group's value of 6 is 0% at this industry median. Based on the distribution chart, KLN Logistics Group ranks #272 out of 979 companies in the Transportation industry, which is above the industry midpoint. Overall, KLN Logistics Group has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KLN Logistics Group's Piotroski F-Score compare to FDX and UPS?
According to the Transportation industry distribution chart, KLN Logistics Group ranks #272 out of 979 companies for Piotroski F-Score. This puts KLN Logistics Group in the upper half of its industry. The industry median Piotroski F-Score is 6.00. KLN Logistics Group's value of 6 is 0% at this benchmark. Historically, KLN Logistics Group'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 6.00, KLN Logistics Group has consistently been at 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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. KLN Logistics Group's current Piotroski F-Score of 6 is 0% at 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 KLN Logistics Group and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLN Logistics Group's current Piotroski F-Score is 6, which is 20% 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 KLN Logistics Group stock overvalued right now?
Based on GuruFocus' analysis, KLN Logistics Group (KRRYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.18, compared to a current price of $0.55 — trading 53.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Transportation industry median of 6.00. KLN Logistics Group's overall GF Score™ is 54/100 with 4 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 KLN Logistics Group (KRRYF), the current Piotroski F-Score is 6 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 KLN Logistics Group (KRRYF) Overvalued in 2026?

Based on GuruFocus' analysis, KLN Logistics Group stock appears to be undervalued. The current stock price of $0.55 is trading 53.4% below its estimated GF Value™ of $1.18. GuruFocus considers KLN Logistics Group to be Significantly Undervalued.

Key valuation signals for KRRYF:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $1.18 vs. price of $0.55 (53.4% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 0% at the Transportation median (#272 of 979)

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


KLN Logistics Group Business Description

Other Exchanges 00636:Hong Kong
Address 55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2024. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.
54GF Score

Get the complete analysis for KRRYF

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

$0.55
Price
$1.18
GF Value