Kingfisher (LSE:KGF) Piotroski F-Score: 7 (As of Jun. 24, 2026) — Near Median


LSE:KGF Kingfisher PLC LSE:KGF
73 GF Score
Price £2.76
GF Value £2.80
Valuation Fairly Valued
! 3 Warning Signs
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What is Kingfisher Piotroski F-Score?

Kingfisher LSE:KGF -1.50% 73 Piotroski F-Score is 7 as of Jun. 24, 2026, which is at its 10-year median of 7.00. GuruFocus rates LSE:KGF with a GF Score™ of 73/100 and a GF Value™ of £2.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Kingfisher ranks better than 91.19% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

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

LSE:KGF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Kingfisher was 9. The lowest was 3. And the median was 7.

Kingfisher  (LSE:KGF) 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.


Kingfisher Piotroski F-Score Related Terms


Kingfisher Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kingfisher'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.

Kingfisher Piotroski F-Score Chart

Kingfisher Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 5.00 7.00 7.00 7.00

Kingfisher Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 7.00 0.00 7.00

LSE:KGF vs HD, LOW, FND: Piotroski F-Score Comparison

For the Home Improvement Retail subindustry, Kingfisher'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.


Kingfisher Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kingfisher's Piotroski F-Score distribution charts can be found below:

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


LSE:KGF
73GF Score
Kingfisher PLC LSE:KGF
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 (Jan26) TTM:Last Year (Jan25) TTM:
Net Income was £245 Mil.
Cash Flow from Operations was £1,433 Mil.
Revenue was £12,945 Mil.
Gross Profit was £4,930 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was (11443 + 11398) / 2 = £11420.5 Mil.
Total Assets at the begining of this year (Jan25) was £11,443 Mil.
Long-Term Debt & Capital Lease Obligation was £1,987 Mil.
Total Current Assets was £3,574 Mil.
Total Current Liabilities was £2,942 Mil.
Net Income was £185 Mil.

Revenue was £12,784 Mil.
Gross Profit was £4,763 Mil.
Average Total Assets from the begining of last year (Jan24)
to the end of last year (Jan25) was (11900 + 11443) / 2 = £11671.5 Mil.
Total Assets at the begining of last year (Jan24) was £11,900 Mil.
Long-Term Debt & Capital Lease Obligation was £1,867 Mil.
Total Current Assets was £3,658 Mil.
Total Current Liabilities was £2,927 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.

Kingfisher's current Net Income (TTM) was 245. ==> 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.

Kingfisher's current Cash Flow from Operations (TTM) was 1,433. ==> 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 (Jan25)
=245/11443
=0.02141047

ROA (Last Year)=Net Income/Total Assets (Jan24)
=185/11900
=0.01554622

Kingfisher's return on assets of this year was 0.02141047. Kingfisher's return on assets of last year was 0.01554622. ==> 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.

Kingfisher's current Net Income (TTM) was 245. Kingfisher's current Cash Flow from Operations (TTM) was 1,433. ==> 1,433 > 245 ==> 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: Jan26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan25 to Jan26
=1987/11420.5
=0.17398538

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=1867/11671.5
=0.1599623

Kingfisher's gearing of this year was 0.17398538. Kingfisher's gearing of last year was 0.1599623. ==> 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: Jan26)=Total Current Assets/Total Current Liabilities
=3574/2942
=1.21481985

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=3658/2927
=1.24974376

Kingfisher's current ratio of this year was 1.21481985. Kingfisher's current ratio of last year was 1.24974376. ==> 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.

Kingfisher's number of shares in issue this year was 1776. Kingfisher's number of shares in issue last year was 1867. ==> 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
=4930/12945
=0.38084202

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4763/12784
=0.37257509

Kingfisher's gross margin of this year was 0.38084202. Kingfisher's gross margin of last year was 0.37257509. ==> 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 (Jan25)
=12945/11443
=1.13125929

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan24)
=12784/11900
=1.07428571

Kingfisher's asset turnover of this year was 1.13125929. Kingfisher's asset turnover of last year was 1.07428571. ==> 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+0+0+1+1+1
=7

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

Kingfisher 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 7 mean?
Kingfisher (LSE:KGF) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kingfisher and its competitors. This is near median its historical median of 7.00. Over the past decade, Kingfisher's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Kingfisher ranks #97 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is Kingfisher's Piotroski F-Score too high?
Kingfisher's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Kingfisher's value of 7 is 40% above this industry median. Based on the distribution chart, Kingfisher ranks #97 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kingfisher has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingfisher's Piotroski F-Score compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Kingfisher ranks #97 out of 1101 companies for Piotroski F-Score. This places Kingfisher in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kingfisher's value of 7 is 40% above this benchmark. Historically, Kingfisher's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kingfisher 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. Kingfisher's current Piotroski F-Score of 7 is 40% 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 Kingfisher and its competitors. For the Retail - Cyclical 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. Kingfisher's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingfisher stock overvalued right now?
Based on GuruFocus' analysis, Kingfisher (LSE:KGF) is currently considered Fairly Valued. The stock's GF Value™ is £2.80, compared to a current price of £2.76 — trading 1.6% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Retail - Cyclical industry median of 5.00. Kingfisher's overall GF Score™ is 73/100 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 Kingfisher (LSE:KGF), the current Piotroski F-Score is 7 as of Jun. 24, 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 Kingfisher (LSE:KGF) Overvalued in 2026?

Based on GuruFocus' analysis, Kingfisher stock appears to be undervalued. The current stock price of £2.76 is trading 1.6% below its estimated GF Value™ of £2.80. GuruFocus considers Kingfisher to be Fairly Valued.

Key valuation signals for LSE:KGF:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: £2.80 vs. price of £2.76 (1.6% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 40% above the Retail - Cyclical median (#97 of 1101)

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


Kingfisher Business Description

Address 1 Paddington Square, London, GBR, W2 1GG
Kingfisher is a home improvement company with over 1,900 stores in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas. It is the second-largest do-it-yourself retailer in Europe, with a leading position in the UK and a number-two position in France, which together account for 81% of sales.
73GF Score

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

£2.76
Price
£2.80
GF Value