KYB (TSE:7242) Piotroski F-Score: 7 (As of Jul. 16, 2026) — 17% Above Median

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TSE:7242 KYB Corp TSE:7242
81 GF Score
Price 円4,230.00
GF Value 円3,465.27
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is KYB Piotroski F-Score?

KYB TSE:7242 +0.12% 81 Piotroski F-Score is 7 as of Jul. 16, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:7242 with a GF Score™ of 81/100 and a GF Value™ of 円3,465.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,285 Vehicles & Parts companies, KYB ranks better than 89.11% 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

KYB 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 KYB's Piotroski F-Score or its related term are showing as below:

TSE:7242' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of KYB was 9. The lowest was 3. And the median was 6.

KYB  (TSE:7242) 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.


KYB Piotroski F-Score Related Terms


KYB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for KYB'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.

KYB Piotroski F-Score Chart

KYB Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 6.00 5.00 6.00 7.00

KYB 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 N/A 8.00 8.00 7.00

TSE:7242 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, KYB'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.


KYB Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KYB's Piotroski F-Score distribution charts can be found below:

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


TSE:7242
81GF Score
KYB Corp TSE:7242
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 12134 + 5000 + 7492 + 4410 = 円29,036 Mil.
Cash Flow from Operations was 8801 + 9632 + 4180 + -3107 = 円19,506 Mil.
Revenue was 113945 + 116862 + 123188 + 127534 = 円481,529 Mil.
Gross Profit was 22165 + 22451 + 26709 + 26618 = 円97,943 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(463112 + 471403 + 476554 + 498470 + 493726) / 5 = 円480653 Mil.
Total Assets at the begining of this year (Mar25) was 円463,112 Mil.
Long-Term Debt & Capital Lease Obligation was 円62,602 Mil.
Total Current Assets was 円276,209 Mil.
Total Current Liabilities was 円151,078 Mil.
Net Income was 3906 + 1276 + 4001 + 5715 = 円14,898 Mil.

Revenue was 108746 + 104711 + 109372 + 115488 = 円438,317 Mil.
Gross Profit was 20360 + 19431 + 20284 + 22570 = 円82,645 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(476530 + 0 + 451970 + 470981 + 463112) / 5 = 円465648.25 Mil.
Total Assets at the begining of last year (Mar24) was 円476,530 Mil.
Long-Term Debt & Capital Lease Obligation was 円37,112 Mil.
Total Current Assets was 円258,337 Mil.
Total Current Liabilities was 円169,733 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.

KYB's current Net Income (TTM) was 29,036. ==> 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.

KYB's current Cash Flow from Operations (TTM) was 19,506. ==> 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)
=29036/463112
=0.06269758

ROA (Last Year)=Net Income/Total Assets (Mar24)
=14898/476530
=0.03126351

KYB's return on assets of this year was 0.06269758. KYB's return on assets of last year was 0.03126351. ==> 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.

KYB's current Net Income (TTM) was 29,036. KYB's current Cash Flow from Operations (TTM) was 19,506. ==> 19,506 <= 29,036 ==> CFROA <= ROA ==> Score 0.

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
=62602/480653
=0.13024365

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=37112/465648.25
=0.07969964

KYB's gearing of this year was 0.13024365. KYB's gearing of last year was 0.07969964. ==> 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
=276209/151078
=1.82825428

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=258337/169733
=1.52201988

KYB's current ratio of this year was 1.82825428. KYB's current ratio of last year was 1.52201988. ==> 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.

KYB's number of shares in issue this year was 44.475. KYB's number of shares in issue last year was 49.673. ==> 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
=97943/481529
=0.2034

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=82645/438317
=0.18855075

KYB's gross margin of this year was 0.2034. KYB's gross margin of last year was 0.18855075. ==> 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 (Mar25)
=481529/463112
=1.03976792

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=438317/476530
=0.91980988

KYB's asset turnover of this year was 1.03976792. KYB's asset turnover of last year was 0.91980988. ==> This year's asset turnover is higher. ==> Score 1.

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+0+0+1+1+1+1
=7

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

KYB 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?
KYB (TSE:7242) has a Piotroski F-Score of 7 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on KYB and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, KYB's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, KYB ranks #140 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 10.9%.
Is KYB's Piotroski F-Score too high?
KYB's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. KYB's value of 7 is 40% above this industry median. Based on the distribution chart, KYB ranks #140 out of 1285 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, KYB has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KYB's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, KYB ranks #140 out of 1285 companies for Piotroski F-Score. This places KYB in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. KYB's value of 7 is 40% above this benchmark. Historically, KYB's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, KYB 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,285 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. KYB's current Piotroski F-Score of 7 is 40% 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 KYB and its competitors. For the Vehicles & Parts 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. KYB's current Piotroski F-Score is 7, which is 17% 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 KYB stock overvalued right now?
Based on GuruFocus' analysis, KYB (TSE:7242) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,465.27, compared to a current price of 円4,230.00 — trading 22.1% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. KYB's overall GF Score™ is 81/100 with 4 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 KYB (TSE:7242), the current Piotroski F-Score is 7 as of Jul. 16, 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 KYB (TSE:7242) Overvalued in 2026?

Based on GuruFocus' analysis, KYB stock appears to be overvalued. The current stock price of 円4,230.00 is trading 22.1% above its estimated GF Value™ of 円3,465.27. GuruFocus considers KYB to be Modestly Overvalued.

Key valuation signals for TSE:7242:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: 円3,465.27 vs. price of 円4,230.00 (22.1% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 40% above the Vehicles & Parts median (#140 of 1285)

No single metric tells the full story. See the TSE:7242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYB Business Description

Other Exchanges 60V:Germany
Address World Trade Center Building, 11th Floor, 4-1, Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 105-6111
KYB Corp is a Japanese automobile equipment manufacturer. The company products are divided into three branches hydraulic components (HC), automotive components (AC) and others. Through its operating segments, it provides various products such as shock absorber, suspension system, power steering, motion simulators, front fork and oil cushion unit, tunnel borers, vane pump and electronic parts. It also provides concrete mixer trucks, granule carriers, chipping vehicle and special function vehicles. The majority of the sales are accounted from the AC and HC products.
81GF Score

Get the complete analysis for TSE:7242

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

円4,230.00
Price
円3,465.27
GF Value