Kronos Worldwide (STU:K1W) Piotroski F-Score: 4 (As of Jul. 01, 2026) — 33% Below Median


STU:K1W Kronos Worldwide Inc STU:K1W
65 GF Score
Price €5.40
GF Value €7.97
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Kronos Worldwide Piotroski F-Score?

Kronos Worldwide STU:K1W -2.00% 65 Piotroski F-Score is 4 as of Jul. 01, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates STU:K1W with a GF Score™ of 65/100 and a GF Value™ of €7.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,564 Chemicals companies, Kronos Worldwide ranks worse than 65.03% 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

Kronos Worldwide has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

STU:K1W' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Kronos Worldwide was 8. The lowest was 1. And the median was 6.

Kronos Worldwide  (STU:K1W) 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.


Kronos Worldwide Piotroski F-Score Related Terms


Kronos Worldwide Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Piotroski F-Score Chart

Kronos Worldwide 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 5.00 3.00 7.00 4.00

Kronos Worldwide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 3.00 4.00 4.00

STU:K1W vs KOP, MATV, ALTO: Piotroski F-Score Comparison

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kronos Worldwide's Piotroski F-Score distribution charts can be found below:

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


STU:K1W
65GF Score
Kronos Worldwide Inc STU:K1W
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -7.976 + -31.524 + -70.711 + -4.152 = €-114 Mil.
Cash Flow from Operations was 17.947 + -6.731 + 78.653 + -44.374 = €45 Mil.
Revenue was 428.645 + 389.279 + 357.228 + 440.977 = €1,616 Mil.
Gross Profit was 54.448 + 40.044 + -3.074 + 72.054 = €163 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1800.05 + 1682.327 + 1627.064 + 1551.547 + 1555.529) / 5 = €1643.3034 Mil.
Total Assets at the begining of this year (Mar25) was €1,800 Mil.
Long-Term Debt & Capital Lease Obligation was €534 Mil.
Total Current Assets was €855 Mil.
Total Current Liabilities was €269 Mil.
Net Income was 18.116 + 64.692 + -12.606 + 16.742 = €87 Mil.

Revenue was 464.965 + 436.715 + 404.061 + 453.065 = €1,759 Mil.
Gross Profit was 93.086 + 91.181 + 82.512 + 98.79 = €366 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1545.048 + 1539.26 + 1731.362 + 1827.393 + 1800.05) / 5 = €1688.6226 Mil.
Total Assets at the begining of last year (Mar24) was €1,545 Mil.
Long-Term Debt & Capital Lease Obligation was €456 Mil.
Total Current Assets was €1,042 Mil.
Total Current Liabilities was €398 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.

Kronos Worldwide's current Net Income (TTM) was -114. ==> 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.

Kronos Worldwide's current Cash Flow from Operations (TTM) was 45. ==> 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 (Mar25)
=-114.363/1800.05
=-0.06353324

ROA (Last Year)=Net Income/Total Assets (Mar24)
=86.944/1545.048
=0.05627269

Kronos Worldwide's return on assets of this year was -0.06353324. Kronos Worldwide's return on assets of last year was 0.05627269. ==> 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.

Kronos Worldwide's current Net Income (TTM) was -114. Kronos Worldwide's current Cash Flow from Operations (TTM) was 45. ==> 45 > -114 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=534.224/1643.3034
=0.32509152

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=456.025/1688.6226
=0.27005738

Kronos Worldwide's gearing of this year was 0.32509152. Kronos Worldwide's gearing of last year was 0.27005738. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=855.052/269.015
=3.17845473

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1041.55/398.027
=2.61678228

Kronos Worldwide's current ratio of this year was 3.17845473. Kronos Worldwide's current ratio of last year was 2.61678228. ==> 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.

Kronos Worldwide's number of shares in issue this year was 115. Kronos Worldwide's number of shares in issue last year was 115. ==> 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
=163.472/1616.129
=0.10115034

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=365.569/1758.806
=0.20785067

Kronos Worldwide's gross margin of this year was 0.10115034. Kronos Worldwide's gross margin of last year was 0.20785067. ==> 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 (Mar25)
=1616.129/1800.05
=0.8978245

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1758.806/1545.048
=1.13835039

Kronos Worldwide's asset turnover of this year was 0.8978245. Kronos Worldwide's asset turnover of last year was 1.13835039. ==> Last year's asset turnover is higher ==> Score 0.

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+0+1+1+0+0
=4

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

Kronos Worldwide has an F-score of 4 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 4 mean?
Kronos Worldwide (STU:K1W) has a Piotroski F-Score of 4 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kronos Worldwide and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Kronos Worldwide's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Kronos Worldwide ranks #1017 out of 1564 companies in the Chemicals industry, placing it in the top 65%.
Is Kronos Worldwide's Piotroski F-Score too high?
Kronos Worldwide's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Kronos Worldwide's value of 4 is 20% below this industry median. Based on the distribution chart, Kronos Worldwide ranks #1017 out of 1564 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kronos Worldwide has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kronos Worldwide's Piotroski F-Score compare to KOP and MATV?
According to the Chemicals industry distribution chart, Kronos Worldwide ranks #1017 out of 1564 companies for Piotroski F-Score. This places Kronos Worldwide in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Kronos Worldwide's value of 4 is 20% below this benchmark. Historically, Kronos Worldwide's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kronos Worldwide has consistently been below 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. Kronos Worldwide's current Piotroski F-Score of 4 is 20% below 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 Kronos Worldwide 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. Kronos Worldwide's current Piotroski F-Score is 4, which is 33% below 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 Kronos Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Kronos Worldwide (STU:K1W) is currently considered Possible Value Trap. The stock's GF Value™ is €7.97, compared to a current price of €5.40 — trading 32.2% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Chemicals industry median of 5.00. Kronos Worldwide's overall GF Score™ is 65/100 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 Kronos Worldwide (STU:K1W), the current Piotroski F-Score is 4 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.

Is Kronos Worldwide (STU:K1W) Overvalued in 2026?

Based on GuruFocus' analysis, Kronos Worldwide stock appears to be undervalued. The current stock price of €5.40 is trading 32.2% below its estimated GF Value™ of €7.97. GuruFocus considers Kronos Worldwide to be Possible Value Trap.

Key valuation signals for STU:K1W:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: €7.97 vs. price of €5.40 (32.2% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 20% below the Chemicals median (#1017 of 1564)

No single metric tells the full story. See the STU:K1W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kronos Worldwide Business Description

Other Exchanges KRO:USA
Address 5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in various products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The maximum of revenue comes from the United States.
65GF Score

Get the complete analysis for STU:K1W

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

€5.40
Price
€7.97
GF Value