K&O Energy Group (TSE:1663) Piotroski F-Score: 7 (As of Jun. 25, 2026) — Near Median


TSE:1663 K&O Energy Group Inc TSE:1663
72 GF Score
Price 円3,805.00
GF Value 円2,978.49
Valuation Modestly Overvalued
! 2 Warning Signs
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What is K&O Energy Group Piotroski F-Score?

K&O Energy Group TSE:1663 -0.39% 72 Piotroski F-Score is 7 as of Jun. 25, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:1663 with a GF Score™ of 72/100 and a GF Value™ of 円2,978.49 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 490 Utilities - Regulated companies, K&O Energy Group ranks better than 89.18% 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

K&O Energy Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for K&O Energy Group's Piotroski F-Score or its related term are showing as below:

TSE:1663' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 8
Current: 7

During the past 12 years, the highest Piotroski F-Score of K&O Energy Group was 8. The lowest was 6. And the median was 7.

K&O Energy Group  (TSE:1663) 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.


K&O Energy Group Piotroski F-Score Related Terms


K&O Energy Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for K&O Energy Group'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.

K&O Energy Group Piotroski F-Score Chart

K&O Energy Group 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 6.00 6.00 7.00 6.00 7.00

K&O Energy Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 7.00 0.00

TSE:1663 vs ATO, NI: Piotroski F-Score Comparison

For the Utilities - Regulated Gas subindustry, K&O Energy Group'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.


K&O Energy Group Piotroski F-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K&O Energy Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where K&O Energy Group's Piotroski F-Score falls into.


TSE:1663
72GF Score
K&O Energy Group Inc TSE:1663
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円8,379 Mil.
Cash Flow from Operations was 円15,911 Mil.
Revenue was 円91,354 Mil.
Gross Profit was 円21,785 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (119447 + 127773) / 2 = 円123610 Mil.
Total Assets at the begining of this year (Dec24) was 円119,447 Mil.
Long-Term Debt & Capital Lease Obligation was 円546 Mil.
Total Current Assets was 円53,083 Mil.
Total Current Liabilities was 円12,333 Mil.
Net Income was 円6,167 Mil.

Revenue was 円92,421 Mil.
Gross Profit was 円20,159 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (111445 + 119447) / 2 = 円115446 Mil.
Total Assets at the begining of last year (Dec23) was 円111,445 Mil.
Long-Term Debt & Capital Lease Obligation was 円567 Mil.
Total Current Assets was 円49,178 Mil.
Total Current Liabilities was 円13,728 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.

K&O Energy Group's current Net Income (TTM) was 8,379. ==> 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.

Score 1 if positive, 0 if negative.

K&O Energy Group's current Cash Flow from Operations (TTM) was 15,911. ==> 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 (Dec24)
=8379/119447
=0.07014827

ROA (Last Year)=Net Income/Total Assets (Dec23)
=6167/111445
=0.05533671

K&O Energy Group's return on assets of this year was 0.07014827. K&O Energy Group's return on assets of last year was 0.05533671. ==> This year is higher. ==> Score 1.

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.

K&O Energy Group's current Net Income (TTM) was 8,379. K&O Energy Group's current Cash Flow from Operations (TTM) was 15,911. ==> 15,911 > 8,379 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=546/123610
=0.00441712

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=567/115446
=0.00491139

K&O Energy Group's gearing of this year was 0.00441712. K&O Energy Group's gearing of last year was 0.00491139. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=53083/12333
=4.30414336

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=49178/13728
=3.58231352

K&O Energy Group's current ratio of this year was 4.30414336. K&O Energy Group's current ratio of last year was 3.58231352. ==> 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.

K&O Energy Group's number of shares in issue this year was 26.783. K&O Energy Group's number of shares in issue last year was 26.771. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=21785/91354
=0.23846794

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=20159/92421
=0.21812142

K&O Energy Group's gross margin of this year was 0.23846794. K&O Energy Group's gross margin of last year was 0.21812142. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=91354/119447
=0.76480782

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=92421/111445
=0.82929696

K&O Energy Group's asset turnover of this year was 0.76480782. K&O Energy Group's asset turnover of last year was 0.82929696. ==> 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
=1+1+1+1+1+1+0+1+0
=7

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

K&O Energy Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
K&O Energy Group (TSE:1663) 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 K&O Energy Group and its competitors. This is near median its historical median of 7.00. Over the past decade, K&O Energy Group's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, K&O Energy Group ranks #53 out of 490 companies in the Utilities - Regulated industry, placing it in the top 10.8%.
Is K&O Energy Group's Piotroski F-Score too high?
K&O Energy Group's 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 8.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. K&O Energy Group's value of 7 is 16.7% above this industry median. Based on the distribution chart, K&O Energy Group ranks #53 out of 490 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, K&O Energy Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K&O Energy Group's Piotroski F-Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, K&O Energy Group ranks #53 out of 490 companies for Piotroski F-Score. This places K&O Energy Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. K&O Energy Group's value of 7 is 16.7% above this benchmark. Historically, K&O Energy Group's 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 6.00, K&O Energy Group 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 an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 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. K&O Energy Group's current Piotroski F-Score of 7 is 16.7% 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 K&O Energy Group and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K&O Energy Group'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 K&O Energy Group stock overvalued right now?
Based on GuruFocus' analysis, K&O Energy Group (TSE:1663) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,978.49, compared to a current price of 円3,805.00 — trading 27.7% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 16.7% above the Utilities - Regulated industry median of 6.00. K&O Energy Group's overall GF Score™ is 72/100 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 K&O Energy Group (TSE:1663), 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 K&O Energy Group (TSE:1663) Overvalued in 2026?

Based on GuruFocus' analysis, K&O Energy Group stock appears to be overvalued. The current stock price of 円3,805.00 is trading 27.7% above its estimated GF Value™ of 円2,978.49. GuruFocus considers K&O Energy Group to be Modestly Overvalued.

Key valuation signals for TSE:1663:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円2,978.49 vs. price of 円3,805.00 (27.7% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 16.7% above the Utilities - Regulated median (#53 of 490)

No single metric tells the full story. See the TSE:1663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K&O Energy Group Business Description

Address 2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 103-0022
K&O Energy Group Inc through its subsidiaries is engaged in gas business and iodine business in Japan.
72GF Score

Get the complete analysis for TSE:1663

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

円3,805.00
Price
円2,978.49
GF Value