KSRYY (Kose Holdings) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


KSRYY Kose Holdings Corp KSRYY
71 GF Score
Price $6.25
GF Value $11.45
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Kose Holdings Piotroski F-Score?

Kose Holdings KSRYY 71 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates KSRYY with a GF Score™ of 71/100 and a GF Value™ of $11.45 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Kose Holdings ranks better than 73.47% 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

Kose Holdings 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 Kose Holdings's Piotroski F-Score or its related term are showing as below:

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

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

Kose Holdings  (OTCPK:KSRYY) 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.


Kose Holdings Piotroski F-Score Related Terms


Kose Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kose Holdings'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.

Kose Holdings Piotroski F-Score Chart

Kose Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 4.00 5.00 6.00

Kose Holdings 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 0.00 0.00 0.00 6.00 0.00

KSRYY vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Kose Holdings'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.


Kose Holdings Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kose Holdings's Piotroski F-Score distribution charts can be found below:

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


KSRYY
71GF Score
Kose Holdings Corp KSRYY
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 $97 Mil.
Cash Flow from Operations was $71 Mil.
Revenue was $2,118 Mil.
Gross Profit was $1,462 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2514.675 + 2523.516) / 2 = $2519.0955 Mil.
Total Assets at the begining of this year (Dec24) was $2,515 Mil.
Long-Term Debt & Capital Lease Obligation was $54 Mil.
Total Current Assets was $1,468 Mil.
Total Current Liabilities was $405 Mil.
Net Income was $49 Mil.

Revenue was $2,098 Mil.
Gross Profit was $1,447 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2581.283 + 2514.675) / 2 = $2547.979 Mil.
Total Assets at the begining of last year (Dec23) was $2,581 Mil.
Long-Term Debt & Capital Lease Obligation was $58 Mil.
Total Current Assets was $1,563 Mil.
Total Current Liabilities was $463 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.

Kose Holdings's current Net Income (TTM) was 97. ==> 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.

Kose Holdings's current Cash Flow from Operations (TTM) was 71. ==> 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)
=96.937/2514.675
=0.03854852

ROA (Last Year)=Net Income/Total Assets (Dec23)
=48.825/2581.283
=0.01891501

Kose Holdings's return on assets of this year was 0.03854852. Kose Holdings's return on assets of last year was 0.01891501. ==> 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.

Kose Holdings's current Net Income (TTM) was 97. Kose Holdings's current Cash Flow from Operations (TTM) was 71. ==> 71 <= 97 ==> CFROA <= ROA ==> Score 0.

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
=53.818/2519.0955
=0.02136402

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=58.415/2547.979
=0.02292601

Kose Holdings's gearing of this year was 0.02136402. Kose Holdings's gearing of last year was 0.02292601. ==> 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
=1468.409/405.426
=3.62189154

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1562.508/462.649
=3.37730763

Kose Holdings's current ratio of this year was 3.62189154. Kose Holdings's current ratio of last year was 3.37730763. ==> 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.

Kose Holdings's number of shares in issue this year was 285.356. Kose Holdings's number of shares in issue last year was 285.312. ==> 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
=1462.168/2117.776
=0.69042618

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1447.024/2098.361
=0.68959726

Kose Holdings's gross margin of this year was 0.69042618. Kose Holdings's gross margin of last year was 0.68959726. ==> 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)
=2117.776/2514.675
=0.84216688

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2098.361/2581.283
=0.81291397

Kose Holdings's asset turnover of this year was 0.84216688. Kose Holdings's asset turnover of last year was 0.81291397. ==> 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+0+1+1+0+1+1
=7

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

Kose Holdings 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 6 mean?
Kose Holdings (KSRYY) 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 Kose Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, Kose Holdings' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Kose Holdings ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 26.5%.
Is Kose Holdings' Piotroski F-Score too high?
Kose Holdings' current Piotroski F-Score of 6 is near 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Kose Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Kose Holdings ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kose Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kose Holdings' Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kose Holdings ranks #507 out of 1911 companies for Piotroski F-Score. This puts Kose Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kose Holdings' value of 6 is 20% above this benchmark. Historically, Kose Holdings' 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, Kose Holdings 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Kose Holdings's current Piotroski F-Score of 6 is 20% 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 Kose Holdings and its competitors. For the Consumer Packaged Goods 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. Kose Holdings's current Piotroski F-Score is 6, which is near 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 Kose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kose Holdings (KSRYY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.45, compared to a current price of $6.25 — trading 45.5% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Kose Holdings' overall GF Score™ is 71/100 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 Kose Holdings (KSRYY), 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 Kose Holdings (KSRYY) Overvalued in 2026?

Based on GuruFocus' analysis, Kose Holdings stock appears to be undervalued. The current stock price of $6.25 is trading 45.5% below its estimated GF Value™ of $11.45. GuruFocus considers Kose Holdings to be Significantly Undervalued.

Key valuation signals for KSRYY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $11.45 vs. price of $6.25 (45.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#507 of 1911)

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


Kose Holdings Business Description

Other Exchanges 4922:Japan49K:Germany
Address 3-6-2 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8251
Kose is Japan's second-largest beauty company, best known for its prestige skincare brands such as Decorte and Albion. Founded in 1946, the company remains under the management of the Kobayashi family. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, operates independently under a separate brand of the Kobayashi family. With a portfolio of 37 brands spanning multiple price points, the group captured approximately 15% of Japan's premium beauty segment in 2024, according to Euromonitor. Japan remains its core market, contributing over 60% of sales, followed by North America (19%) and Asia (13%). The company distributes its products through a diversified channel mix of department stores, specialty retailers, drugstores, travel retail, and e-commerce platforms.
71GF Score

Get the complete analysis for KSRYY

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

$6.25
Price
$11.45
GF Value