Kornit Digital (MEX:KRNT) Piotroski F-Score: 5 (As of Sep. 02, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:KRNT Kornit Digital Ltd MEX:KRNT
72 GF Score
Price MXN598.00
GF Value MXN647.91
! 6 Warning Signs
View Full Analysis

What is Kornit Digital Piotroski F-Score?

Kornit Digital MEX:KRNT 72 Piotroski F-Score is 5 as of Sep. 02, 2026, which is at its 10-year median of 5.00. GuruFocus rates MEX:KRNT with a GF Score™ of 72/100 and a GF Value™ of MXN647.91. The stock has 6 warning signs investors should review. Among 2,992 Industrial Products companies, Kornit Digital ranks better than 56.15% 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

Kornit Digital has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

MEX:KRNT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Kornit Digital was 8. The lowest was 2. And the median was 5.

Kornit Digital  (MEX:KRNT) 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.


Kornit Digital Piotroski F-Score Related Terms


Kornit Digital Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kornit Digital'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.

Kornit Digital Piotroski F-Score Chart

Kornit Digital 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 8.00 3.00 5.00 8.00 6.00

Kornit Digital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 6.00 6.00 5.00 5.00

MEX:KRNT vs PKOH, PSIX, EROC: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


Kornit Digital Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Piotroski F-Score distribution charts can be found below:

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


MEX:KRNT
72GF Score
Kornit Digital Ltd MEX:KRNT
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -47.548 + 29.727 + -148.247 + -194.818 = MXN-361 Mil.
Cash Flow from Operations was 79.761 + 194.227 + 113.642 + 148.456 = MXN536 Mil.
Revenue was 974.701 + 1059.725 + 875.307 + 965.261 = MXN3,875 Mil.
Gross Profit was 423.549 + 515.557 + 331.603 + 437.342 = MXN1,708 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(14422.414 + 14121.567 + 13873.572 + 13365.152 + 13110.358) / 5 = MXN13778.6126 Mil.
Total Assets at the begining of this year (Jun25) was MXN14,422 Mil.
Long-Term Debt & Capital Lease Obligation was MXN245 Mil.
Total Current Assets was MXN9,979 Mil.
Total Current Liabilities was MXN1,133 Mil.
Net Income was -17.879 + 46.216 + -103.498 + -141.558 = MXN-217 Mil.

Revenue was 998.928 + 1265.858 + 950.427 + 936.828 = MXN4,152 Mil.
Gross Profit was 476.702 + 649.217 + 405.072 + 390.593 = MXN1,922 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(15494.41 + 16752.33 + 16423.53 + 16096.062 + 14422.414) / 5 = MXN15837.7492 Mil.
Total Assets at the begining of last year (Jun24) was MXN15,494 Mil.
Long-Term Debt & Capital Lease Obligation was MXN292 Mil.
Total Current Assets was MXN10,821 Mil.
Total Current Liabilities was MXN849 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.

Kornit Digital's current Net Income (TTM) was -361. ==> Negative ==> Score 0.

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.

Kornit Digital's current Cash Flow from Operations (TTM) was 536. ==> 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 (Jun25)
=-360.886/14422.414
=-0.02502258

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-216.719/15494.41
=-0.01398692

Kornit Digital's return on assets of this year was -0.02502258. Kornit Digital's return on assets of last year was -0.01398692. ==> 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.

Kornit Digital's current Net Income (TTM) was -361. Kornit Digital's current Cash Flow from Operations (TTM) was 536. ==> 536 > -361 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=245.333/13778.6126
=0.01780535

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=292.323/15837.7492
=0.01845736

Kornit Digital's gearing of this year was 0.01780535. Kornit Digital's gearing of last year was 0.01845736. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=9979.083/1133.278
=8.80550315

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=10820.727/848.971
=12.74569685

Kornit Digital's current ratio of this year was 8.80550315. Kornit Digital's current ratio of last year was 12.74569685. ==> 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.

Kornit Digital's number of shares in issue this year was 42.872. Kornit Digital's number of shares in issue last year was 45.164. ==> 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
=1708.051/3874.994
=0.44078804

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1921.584/4152.041
=0.46280468

Kornit Digital's gross margin of this year was 0.44078804. Kornit Digital's gross margin of last year was 0.46280468. ==> Last year's gross margin is higher ==> Score 0.

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 (Jun25)
=3874.994/14422.414
=0.2686786

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=4152.041/15494.41
=0.26797026

Kornit Digital's asset turnover of this year was 0.2686786. Kornit Digital's asset turnover of last year was 0.26797026. ==> 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
=0+1+0+1+1+0+1+0+1
=5

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

Kornit Digital has an F-score of 5 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 5 mean?
Kornit Digital (MEX:KRNT) has a Piotroski F-Score of 5 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kornit Digital and its competitors. This is near median its historical median of 5.00. Over the past decade, Kornit Digital's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Kornit Digital ranks #1312 out of 2992 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Kornit Digital's Piotroski F-Score too high?
Kornit Digital's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Kornit Digital's value of 5 is 0% at this industry median. Based on the distribution chart, Kornit Digital ranks #1312 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kornit Digital has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Kornit Digital's Piotroski F-Score compare to PKOH and PSIX?
According to the Industrial Products industry distribution chart, Kornit Digital ranks #1312 out of 2992 companies for Piotroski F-Score. This puts Kornit Digital in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kornit Digital's value of 5 is 0% at this benchmark. Historically, Kornit Digital's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Kornit Digital 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,992 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. Kornit Digital's current Piotroski F-Score of 5 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 Kornit Digital and its competitors. For the Industrial Products 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. Kornit Digital's current Piotroski F-Score is 5, which is near 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 Kornit Digital stock overvalued right now?
Kornit Digital (MEX:KRNT) has a current Piotroski F-Score of 5. The stock's GF Value™ is MXN647.91, compared to a current price of MXN598.00 — trading 7.7% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Kornit Digital's overall GF Score™ is 72/100 with 6 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 Kornit Digital (MEX:KRNT), the current Piotroski F-Score is 5 as of Sep. 02, 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 Kornit Digital (MEX:KRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Kornit Digital stock appears to be undervalued. The current stock price of MXN598.00 is trading 7.7% below its estimated GF Value™ of MXN647.91.

Key valuation signals for MEX:KRNT:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: MXN647.91 vs. price of MXN598.00 (7.7% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 0% at the Industrial Products median (#1312 of 2992)

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


Kornit Digital Business Description

Other Exchanges KRNT:USA0KD:Germany
Address 12 Ha\'Amal Street, Afek Park, Rosh-Ha\'Ayin, ISR, 4809246
Kornit Digital Ltd is a developer and provider of digital solutions for the printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services that enable large-scale printing of short-run complex images and designs directly on finished garments and fabrics. It generates revenue from sales of systems, ink, and other consumables, and services, including software subscriptions. The company geographically operates in the U.S., EMEA, Asia Pacific, and other countries. It derives maximum revenue from the U.S.
72GF Score

Get the complete analysis for MEX:KRNT

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

MXN598.00
Price
MXN647.91
GF Value