Kyndryl HoldingsMEX:KD 51 Piotroski F-Score is 7 as of Jun. 25, 2026, which is at its 10-year median of 7.00. GuruFocus rates MEX:KD with a GF Score™ of 51/100 and a GF Value™ of MXN402.18 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,742 Software companies, Kyndryl Holdings ranks better than 91.9% 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
Kyndryl Holdings 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 Kyndryl Holdings's Piotroski F-Score or its related term are showing as below:
MEX:KD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 7
Current: 7
During the past 8 years, the highest Piotroski F-Score of Kyndryl Holdings was 7. The lowest was 6. And the median was 7.
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.
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.
Kyndryl Holdings Piotroski F-Score Related Terms
Kyndryl Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Kyndryl 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.
MEX:KD vs PENG, CHRN, VNET: Piotroski F-Score Comparison
For the Information Technology Services subindustry, Kyndryl 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.
Kyndryl Holdings Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Kyndryl Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kyndryl Holdings's Piotroski F-Score falls into.
* 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 1054.435 + 1247.406 + 1026.325 + 306.556 = MXN3,635 Mil. Cash Flow from Operations was -2334.821 + 2678.253 + 7706.44 + 8980.285 = MXN17,030 Mil. Revenue was 70477.696 + 68258.768 + 69483.996 + 67965.246 = MXN276,186 Mil. Gross Profit was 14988.043 + 14693.704 + 15178.805 + 15309.762 = MXN60,170 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(213829.107 + 216441.654 + 206262.185 + 203032.273 + 226328.418) / 5 = MXN213178.7274 Mil. Total Assets at the begining of this year (Mar25) was MXN213,829 Mil. Long-Term Debt & Capital Lease Obligation was MXN52,205 Mil. Total Current Assets was MXN99,685 Mil. Total Current Liabilities was MXN113,732 Mil.
Net Income was 201.521 + -846.683 + 4483.975 + 1411.616 = MXN5,250 Mil.
Revenue was 68498.865 + 74311.192 + 78083.741 + 77741.16 = MXN298,635 Mil. Gross Profit was 14747.683 + 14767.725 + 15912.899 + 16878.015 = MXN62,306 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(175754.341 + 186187.207 + 204700.359 + 206992.822 + 213829.107) / 5 = MXN197492.7672 Mil. Total Assets at the begining of last year (Mar24) was MXN175,754 Mil. Long-Term Debt & Capital Lease Obligation was MXN72,688 Mil. Total Current Assets was MXN93,883 Mil. Total Current Liabilities was MXN87,970 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.
Kyndryl Holdings's current Net Income (TTM) was 3,635.
==> 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.
Kyndryl Holdings's return on assets of this year was 0.01699826. Kyndryl Holdings's return on assets of last year was 0.02987368.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kyndryl Holdings's gearing of this year was 0.24488685. Kyndryl Holdings's gearing of last year was 0.36805391.
==> 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
Kyndryl Holdings's current ratio of this year was 0.87648645. Kyndryl Holdings's current ratio of last year was 1.0672093.
==> 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.
Kyndryl Holdings's number of shares in issue this year was 227.8. Kyndryl Holdings's number of shares in issue last year was 241.5.
==> 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.
Kyndryl Holdings's gross margin of this year was 0.2178618. Kyndryl Holdings's gross margin of last year was 0.20863707.
==> 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
Kyndryl Holdings's asset turnover of this year was 1.29161885. Kyndryl Holdings's asset turnover of last year was 1.69916121.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kyndryl Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Kyndryl Holdings (MEX:KD) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kyndryl Holdings and its competitors. This is near median its historical median of 7.00. Over the past decade, Kyndryl Holdings' Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Kyndryl Holdings ranks #222 out of 2742 companies in the Software industry, placing it in the top 8.1%.
Is Kyndryl Holdings' Piotroski F-Score too high?
Kyndryl Holdings' 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 6.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. Kyndryl Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, Kyndryl Holdings ranks #222 out of 2742 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kyndryl Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kyndryl Holdings' Piotroski F-Score compare to PENG and CHRN?
According to the Software industry distribution chart, Kyndryl Holdings ranks #222 out of 2742 companies for Piotroski F-Score. This places Kyndryl Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kyndryl Holdings' value of 7 is 40% above this benchmark. Historically, Kyndryl Holdings' own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kyndryl 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. Kyndryl Holdings'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 Kyndryl Holdings and its competitors. For the Software 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. Kyndryl Holdings'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 Kyndryl Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kyndryl Holdings (MEX:KD) is currently considered Possible Value Trap. The stock's GF Value™ is MXN402.18, compared to a current price of MXN189.00 — trading 53% 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 Software industry median of 5.00. Kyndryl Holdings' overall GF Score™ is 51/100 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 Kyndryl Holdings (MEX:KD), the current Piotroski F-Score is 7 as of Jun. 25, 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 Kyndryl Holdings (MEX:KD) Overvalued in 2026?
Based on GuruFocus' analysis, Kyndryl Holdings stock appears to be undervalued.
The current stock price of MXN189.00 is trading 53% below its estimated GF Value™ of MXN402.18.
GuruFocus considers Kyndryl Holdings to be Possible Value Trap.
Key valuation signals for MEX:KD:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: MXN402.18 vs. price of MXN189.00 (53% below fair value)
Industry Position: 40% above the Software median (#222 of 2742)
No single metric tells the full story. See the MEX:KD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives. The company's reportable segments consist of the following: Principal Markets which represents its operations in operations in Australia / New Zealand, Canada, France, Germany, India, Italy, Spain, Portugal, and the United Kingdom / Ireland, United States, Japan, and Strategic Markets. It derives maximum revenue from the United States.
51GF Score
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