KYSEY (Kyushu Electric Power Co) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


KYSEY Kyushu Electric Power Co Inc KYSEY
61 GF Score
Price $10.63
GF Value $9.15
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kyushu Electric Power Co Piotroski F-Score?

Kyushu Electric Power Co KYSEY +0.47% 61 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates KYSEY with a GF Score™ of 61/100 and a GF Value™ of $9.15 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, Kyushu Electric Power Co ranks better than 80.95% 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

Kyushu Electric Power Co 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 Kyushu Electric Power Co's Piotroski F-Score or its related term are showing as below:

KYSEY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Kyushu Electric Power Co was 7. The lowest was 3. And the median was 6.

Kyushu Electric Power Co  (OTCPK:KYSEY) 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.


Kyushu Electric Power Co Piotroski F-Score Related Terms


Kyushu Electric Power Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kyushu Electric Power Co'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.

Kyushu Electric Power Co Piotroski F-Score Chart

Kyushu Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 7.00 7.00 6.00

Kyushu Electric Power Co 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 7.00 0.00 0.00 0.00 6.00

KYSEY vs CEG, VST, NRG: Piotroski F-Score Comparison

For the Utilities - Independent Power Producers subindustry, Kyushu Electric Power Co'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.


Kyushu Electric Power Co Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kyushu Electric Power Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Kyushu Electric Power Co's Piotroski F-Score falls into.


KYSEY
61GF Score
Kyushu Electric Power Co Inc KYSEY
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 $974 Mil.
Cash Flow from Operations was $2,765 Mil.
Revenue was $14,162 Mil.
Gross Profit was $1,417 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (38736.871 + 37706.316) / 2 = $38221.5935 Mil.
Total Assets at the begining of this year (Mar25) was $38,737 Mil.
Long-Term Debt & Capital Lease Obligation was $19,705 Mil.
Total Current Assets was $5,866 Mil.
Total Current Liabilities was $7,663 Mil.
Net Income was $864 Mil.

Revenue was $15,812 Mil.
Gross Profit was $1,339 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (38227.83 + 38736.871) / 2 = $38482.3505 Mil.
Total Assets at the begining of last year (Mar24) was $38,228 Mil.
Long-Term Debt & Capital Lease Obligation was $21,720 Mil.
Total Current Assets was $6,075 Mil.
Total Current Liabilities was $7,204 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.

Kyushu Electric Power Co's current Net Income (TTM) was 974. ==> 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.

Kyushu Electric Power Co's current Cash Flow from Operations (TTM) was 2,765. ==> 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)
=973.862/38736.871
=0.02514044

ROA (Last Year)=Net Income/Total Assets (Mar24)
=863.867/38227.83
=0.02259786

Kyushu Electric Power Co's return on assets of this year was 0.02514044. Kyushu Electric Power Co's return on assets of last year was 0.02259786. ==> 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.

Kyushu Electric Power Co's current Net Income (TTM) was 974. Kyushu Electric Power Co's current Cash Flow from Operations (TTM) was 2,765. ==> 2,765 > 974 ==> 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
=19704.876/38221.5935
=0.51554303

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=21720.355/38482.3505
=0.56442381

Kyushu Electric Power Co's gearing of this year was 0.51554303. Kyushu Electric Power Co's gearing of last year was 0.56442381. ==> 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
=5865.857/7663.104
=0.76546749

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6075.188/7203.598
=0.84335467

Kyushu Electric Power Co's current ratio of this year was 0.76546749. Kyushu Electric Power Co's current ratio of last year was 0.84335467. ==> 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.

Kyushu Electric Power Co's number of shares in issue this year was 472.702. Kyushu Electric Power Co's number of shares in issue last year was 472.693. ==> 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
=1417.004/14161.676
=0.10005906

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1338.845/15811.552
=0.08467512

Kyushu Electric Power Co's gross margin of this year was 0.10005906. Kyushu Electric Power Co's gross margin of last year was 0.08467512. ==> 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)
=14161.676/38736.871
=0.36558647

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=15811.552/38227.83
=0.41361364

Kyushu Electric Power Co's asset turnover of this year was 0.36558647. Kyushu Electric Power Co's asset turnover of last year was 0.41361364. ==> 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+1+1+1+0+0+1+0
=6

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

Kyushu Electric Power Co 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?
Kyushu Electric Power Co (KYSEY) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kyushu Electric Power Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Kyushu Electric Power Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Kyushu Electric Power Co ranks #80 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 19%.
Is Kyushu Electric Power Co's Piotroski F-Score too high?
Kyushu Electric Power Co's 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 3.00 to a high of 7.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Kyushu Electric Power Co's value of 6 is 20% above this industry median. Based on the distribution chart, Kyushu Electric Power Co ranks #80 out of 420 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Kyushu Electric Power Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyushu Electric Power Co's Piotroski F-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Kyushu Electric Power Co ranks #80 out of 420 companies for Piotroski F-Score. This places Kyushu Electric Power Co in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kyushu Electric Power Co's value of 6 is 20% above this benchmark. Historically, Kyushu Electric Power Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kyushu Electric Power Co 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 an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 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. Kyushu Electric Power Co'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 Kyushu Electric Power Co and its competitors. For the Utilities - Independent Power Producers 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. Kyushu Electric Power Co'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 Kyushu Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Kyushu Electric Power Co (KYSEY) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.15, compared to a current price of $10.63 — trading 16.1% above 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 Utilities - Independent Power Producers industry median of 5.00. Kyushu Electric Power Co's overall GF Score™ is 61/100 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 Kyushu Electric Power Co (KYSEY), the current Piotroski F-Score is 6 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 Kyushu Electric Power Co (KYSEY) Overvalued in 2026?

Based on GuruFocus' analysis, Kyushu Electric Power Co stock appears to be overvalued. The current stock price of $10.63 is trading 16.1% above its estimated GF Value™ of $9.15. GuruFocus considers Kyushu Electric Power Co to be Modestly Overvalued.

Key valuation signals for KYSEY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $9.15 vs. price of $10.63 (16.1% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 20% above the Utilities - Independent Power Producers median (#80 of 420)

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


Kyushu Electric Power Co Business Description

Address 2-1-82 Watanabedori, Chuo-ku, Fukuoka, JPN, 810-8720
Kyushu Electric Power Co Inc is a Japan-based company mainly engaged in the electric power business. Its operating segments include ICT Service Business, Other Energy Service Business, Overseas Business, Power Generation and Sales Business, Power Transmission and Distribution Business, Urban Development Business, and Others. It generates the majority of its revenue from the Power generation and sales business segment, whose main business is the power generation and retail electricity business in Japan.
61GF Score

Get the complete analysis for KYSEY

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

$10.63
Price
$9.15
GF Value