Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kumiai Chemical Industry Co 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 Kumiai Chemical Industry Co's Piotroski F-Score or its related term are showing as below:
TSE:4996'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Kumiai Chemical Industry Co was 7. The lowest was 1. And the median was 5.
Kumiai Chemical Industry Co (TSE:4996) 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.
Kumiai Chemical Industry Co Piotroski F-Score Related Terms
Kumiai Chemical Industry Co Piotroski F-Score Historical Data
* 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.
Kumiai Chemical Industry Co Piotroski F-Score Chart
TSE:4996 vs CTVA, CF, MOS: Piotroski F-Score Comparison
For the Agricultural Inputs subindustry, Kumiai Chemical Industry Co'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.
Kumiai Chemical Industry Co Piotroski F-Score vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Kumiai Chemical Industry Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kumiai Chemical Industry Co'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.
Kumiai Chemical Industry Co's current Net Income (TTM) was 4,381.
==> 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.
Kumiai Chemical Industry Co's current Cash Flow from Operations (TTM) was 33,803.
==> 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.
Kumiai Chemical Industry Co's return on assets of this year was 0.0159035. Kumiai Chemical Industry Co's return on assets of last year was 0.05988393.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kumiai Chemical Industry Co's gearing of this year was 0.05470527. Kumiai Chemical Industry Co's gearing of last year was 0.07663814.
==> 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
Kumiai Chemical Industry Co's current ratio of this year was 2.08298094. Kumiai Chemical Industry Co's current ratio of last year was 1.85745826.
==> 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.
Kumiai Chemical Industry Co's number of shares in issue this year was 120.407. Kumiai Chemical Industry Co's number of shares in issue last year was 120.358.
==> 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.
Kumiai Chemical Industry Co's gross margin of this year was 0.20160505. Kumiai Chemical Industry Co's gross margin of last year was 0.21967848.
==> 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
Kumiai Chemical Industry Co's asset turnover of this year was 0.61879524. Kumiai Chemical Industry Co's asset turnover of last year was 0.70965766.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kumiai Chemical Industry Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Kumiai Chemical Industry Co (TSE:4996) has a Piotroski F-Score of 5 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kumiai Chemical Industry Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Kumiai Chemical Industry Co's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Kumiai Chemical Industry Co ranks #102 out of 250 companies in the Agriculture industry, placing it in the top 40.8%.
Is Kumiai Chemical Industry Co's Piotroski F-Score too high?
Kumiai Chemical Industry Co'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 1.00 to a high of 7.00. The Agriculture industry median Piotroski F-Score is 5.00. Kumiai Chemical Industry Co's value of 5 is 0% at this industry median. Based on the distribution chart, Kumiai Chemical Industry Co ranks #102 out of 250 companies in the Agriculture industry, which is above the industry midpoint. Overall, Kumiai Chemical Industry Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumiai Chemical Industry Co's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Kumiai Chemical Industry Co ranks #102 out of 250 companies for Piotroski F-Score. This puts Kumiai Chemical Industry Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kumiai Chemical Industry Co's value of 5 is 0% at this benchmark. Historically, Kumiai Chemical Industry Co's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Kumiai Chemical Industry Co 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 Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 250 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. Kumiai Chemical Industry Co'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 Kumiai Chemical Industry Co and its competitors. For the Agriculture 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. Kumiai Chemical Industry Co'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 Kumiai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co (TSE:4996) is currently considered Modestly Undervalued. The stock's GF Value™ is 円859.54, compared to a current price of 円723.00 — trading 15.9% 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 Agriculture industry median of 5.00. Kumiai Chemical Industry Co's overall GF Score™ is 77/100 with 5 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 Kumiai Chemical Industry Co (TSE:4996), the current Piotroski F-Score is 5 as of Jul. 11, 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 Kumiai Chemical Industry Co (TSE:4996) Overvalued in 2026?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co stock appears to be undervalued.
The current stock price of 円723.00 is trading 15.9% below its estimated GF Value™ of 円859.54.
GuruFocus considers Kumiai Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:4996:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: 円859.54 vs. price of 円723.00 (15.9% below fair value)
Industry Position: 0% at the Agriculture median (#102 of 250)
No single metric tells the full story. See the TSE:4996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumiai Chemical Industry Co Ltd is a crop protection company that has three business segments: Chemical products, Lease, and Others. The Chemical Products segment engages in the synthesis, manufacture and sale of crop protection products to the agriculture industry. The firm's product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other pesticides. The Chemical products segment also accounts for nearly all of the firm's revenue and operating profits. The firm is based in Japan and generates revenue in over 50 countries throughout the world.
77GF Score
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