Kaytex FabricsNSE:KAYTEX +1.41%19 Piotroski F-Score is 6 as of Jul. 01, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates NSE:KAYTEX with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,049 Manufacturing - Apparel & Accessories companies, Kaytex Fabrics ranks better than 77.79% 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
Kaytex Fabrics 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 Kaytex Fabrics's Piotroski F-Score or its related term are showing as below:
NSE:KAYTEX'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 8
Current: 6
During the past 4 years, the highest Piotroski F-Score of Kaytex Fabrics was 8. 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.
Kaytex Fabrics Piotroski F-Score Related Terms
Kaytex Fabrics Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Kaytex Fabrics'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.
For the Textile Manufacturing subindustry, Kaytex Fabrics'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.
Kaytex Fabrics Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kaytex Fabrics's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kaytex Fabrics'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.
Kaytex Fabrics's current Net Income (TTM) was 169.
==> 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.
Kaytex Fabrics's return on assets of this year was 0.17624521. Kaytex Fabrics's return on assets of last year was 0.15494762.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kaytex Fabrics's gearing of this year was 0.13822812. Kaytex Fabrics's gearing of last year was 0.21870591.
==> 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
Kaytex Fabrics's current ratio of this year was 1.70658015. Kaytex Fabrics's current ratio of last year was 1.80171148.
==> 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.
Kaytex Fabrics's number of shares in issue this year was 14.699. Kaytex Fabrics's number of shares in issue last year was 14.699.
==> 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.
Kaytex Fabrics's gross margin of this year was 0.29253797. Kaytex Fabrics's gross margin of last year was 0.26461995.
==> 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
Kaytex Fabrics's asset turnover of this year was 1.58306348. Kaytex Fabrics's asset turnover of last year was 1.70156825.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kaytex Fabrics has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Kaytex Fabrics (NSE:KAYTEX) has a Piotroski F-Score of 6 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kaytex Fabrics and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Kaytex Fabrics' Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Kaytex Fabrics ranks #233 out of 1049 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.2%.
Is Kaytex Fabrics' Piotroski F-Score too high?
Kaytex Fabrics' current Piotroski F-Score of 6 is 14% below 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 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Kaytex Fabrics' value of 6 is 20% above this industry median. Based on the distribution chart, Kaytex Fabrics ranks #233 out of 1049 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Kaytex Fabrics has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Kaytex Fabrics' Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kaytex Fabrics ranks #233 out of 1049 companies for Piotroski F-Score. This places Kaytex Fabrics in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kaytex Fabrics' value of 6 is 20% above this benchmark. Historically, Kaytex Fabrics' own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kaytex Fabrics 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,049 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. Kaytex Fabrics'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 Kaytex Fabrics and its competitors. For the Manufacturing - Apparel & Accessories 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. Kaytex Fabrics's current Piotroski F-Score is 6, which is 14% below 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 Kaytex Fabrics stock overvalued right now?
Kaytex Fabrics (NSE:KAYTEX) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Manufacturing - Apparel & Accessories industry median of 5.00. Kaytex Fabrics' overall GF Score™ is 19/100 with 2 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 Kaytex Fabrics (NSE:KAYTEX), the current Piotroski F-Score is 6 as of Jul. 01, 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.
Kaytex Fabrics Ltd is engaged in manufacturing, buying, selling and exporting fabrics, offering fast-fashion fabric solutions that blend technology, design and craftsmanship. It manages the full process from yarn to finished fabric and specializes in cotton, viscose, modal, acrylic, nylon, linen and polyester. With a focus on digital printing, it delivers designs for the fast-paced fashion industry and also produces womenswear such as ready-to-stitch suits, co-ord sets, shawls, scarves and stoles. The business operates across three areas: supplying fabrics and designs to apparel brands, marketing its own brands Rasiya, Kaytex and Darbaar e Khaas in North India, and providing non-branded fabrics and garments to bulk buyers, wholesalers and retailers. The company operates in India.
19GF Score
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