Crown Paints KenyaNAI:CRWN 69 Piotroski F-Score is 9 as of Jul. 04, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates NAI:CRWN with a GF Score™ of 69/100 and a GF Value™ of KES52.89 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,564 Chemicals companies, Crown Paints Kenya ranks better than 99.94% on this metric.
Good Sign:
Piotroski F-Score is 9, 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
Crown Paints Kenya has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Crown Paints Kenya's Piotroski F-Score or its related term are showing as below:
NAI:CRWN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 9
During the past 13 years, the highest Piotroski F-Score of Crown Paints Kenya was 9. The lowest was 2. And the median was 6.
Crown Paints Kenya (NAI:CRWN) 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.
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.
Crown Paints Kenya Piotroski F-Score Related Terms
Crown Paints Kenya Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Crown Paints Kenya'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.
NAI:CRWN vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Crown Paints Kenya'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.
Crown Paints Kenya Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Crown Paints Kenya's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Crown Paints Kenya'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.
*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.
Crown Paints Kenya's current Net Income (TTM) was 948.
==> 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.
Crown Paints Kenya's return on assets of this year was 0.10102002. Crown Paints Kenya's return on assets of last year was 0.0585179.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Crown Paints Kenya's gearing of this year was 0.04792214. Crown Paints Kenya's gearing of last year was 0.05119221.
==> 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
Crown Paints Kenya's current ratio of this year was 1.37278287. Crown Paints Kenya's current ratio of last year was 1.32295448.
==> 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.
Crown Paints Kenya's number of shares in issue this year was 142.362. Crown Paints Kenya's number of shares in issue last year was 142.362.
==> 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.
Crown Paints Kenya's gross margin of this year was 0.42437413. Crown Paints Kenya's gross margin of last year was 0.39114333.
==> 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
Crown Paints Kenya's asset turnover of this year was 1.70408436. Crown Paints Kenya's asset turnover of last year was 1.44769604.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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9
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Crown Paints Kenya has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Crown Paints Kenya (NAI:CRWN) has a Piotroski F-Score of 9 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Crown Paints Kenya and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Crown Paints Kenya's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Crown Paints Kenya ranks #1 out of 1564 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Crown Paints Kenya's Piotroski F-Score too high?
Crown Paints Kenya's current Piotroski F-Score of 9 is 50% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Chemicals industry median Piotroski F-Score is 5.00. Crown Paints Kenya's value of 9 is 80% above this industry median. Based on the distribution chart, Crown Paints Kenya ranks #1 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Crown Paints Kenya has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crown Paints Kenya's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Crown Paints Kenya ranks #1 out of 1564 companies for Piotroski F-Score. This places Crown Paints Kenya in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Crown Paints Kenya's value of 9 is 80% above this benchmark. Historically, Crown Paints Kenya's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Crown Paints Kenya 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. Crown Paints Kenya's current Piotroski F-Score of 9 is 80% 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 Crown Paints Kenya and its competitors. For the Chemicals 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. Crown Paints Kenya's current Piotroski F-Score is 9, which is 50% above 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 Crown Paints Kenya stock overvalued right now?
Based on GuruFocus' analysis, Crown Paints Kenya (NAI:CRWN) is currently considered Modestly Overvalued. The stock's GF Value™ is KES52.89, compared to a current price of KES61.50 — trading 16.3% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Chemicals industry median of 5.00. Crown Paints Kenya's overall GF Score™ is 69/100 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 Crown Paints Kenya (NAI:CRWN), the current Piotroski F-Score is 9 as of Jul. 04, 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 Crown Paints Kenya (NAI:CRWN) Overvalued in 2026?
Based on GuruFocus' analysis, Crown Paints Kenya stock appears to be overvalued.
The current stock price of KES61.50 is trading 16.3% above its estimated GF Value™ of KES52.89.
GuruFocus considers Crown Paints Kenya to be Modestly Overvalued.
Key valuation signals for NAI:CRWN:
Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
GF Value™: KES52.89 vs. price of KES61.50 (16.3% above fair value)
Industry Position: 80% above the Chemicals median (#1 of 1564)
No single metric tells the full story. See the NAI:CRWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates the majority of its revenue from the Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.
69GF Score
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