K-Bro Linen (TSX:KBL) Piotroski F-Score: 5 (As of Jun. 27, 2026) — Near Median


TSX:KBL K-Bro Linen Inc TSX:KBL
91 GF Score
Price C$43.40
GF Value C$48.01
Valuation Modestly Undervalued
! 8 Warning Signs
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What is K-Bro Linen Piotroski F-Score?

K-Bro Linen TSX:KBL +0.81% 91 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSX:KBL with a GF Score™ of 91/100 and a GF Value™ of C$48.01 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,063 Business Services companies, K-Bro Linen ranks better than 51.55% 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

K-Bro Linen 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 K-Bro Linen's Piotroski F-Score or its related term are showing as below:

TSX:KBL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of K-Bro Linen was 8. The lowest was 3. And the median was 5.

K-Bro Linen  (TSX:KBL) 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-Bro Linen Piotroski F-Score Related Terms


K-Bro Linen Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for K-Bro Linen'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-Bro Linen Piotroski F-Score Chart

K-Bro Linen 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 5.00 6.00 7.00 7.00 4.00

K-Bro Linen 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 7.00 5.00 3.00 4.00 5.00

TSX:KBL vs CTAS, CPRT, GPN: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, K-Bro Linen'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-Bro Linen Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, K-Bro Linen's Piotroski F-Score distribution charts can be found below:

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


TSX:KBL
91GF Score
K-Bro Linen Inc TSX:KBL
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 5.419 + 8.855 + 2.89 + 2.33 = C$19.5 Mil.
Cash Flow from Operations was 3.149 + 20.609 + 21.695 + 22.278 = C$67.7 Mil.
Revenue was 113.074 + 155.948 + 146.785 + 139.109 = C$554.9 Mil.
Gross Profit was 97.832 + 133.212 + 124.779 + 117.77 = C$473.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(438.446 + 716.762 + 718.556 + 704.443 + 697.957) / 5 = C$655.2328 Mil.
Total Assets at the begining of this year (Mar25) was C$438.4 Mil.
Long-Term Debt & Capital Lease Obligation was C$288.0 Mil.
Total Current Assets was C$197.9 Mil.
Total Current Liabilities was C$106.0 Mil.
Net Income was 4.535 + 8.129 + 4.238 + 0.826 = C$17.7 Mil.

Revenue was 93.467 + 104.469 + 95.446 + 90.969 = C$384.4 Mil.
Gross Profit was 80.629 + 90.866 + 82.755 + 78.377 = C$332.6 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(361.859 + 444.38 + 452.077 + 438.15 + 438.446) / 5 = C$426.9824 Mil.
Total Assets at the begining of last year (Mar24) was C$361.9 Mil.
Long-Term Debt & Capital Lease Obligation was C$160.6 Mil.
Total Current Assets was C$115.2 Mil.
Total Current Liabilities was C$63.4 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-Bro Linen's current Net Income (TTM) was 19.5. ==> 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-Bro Linen's current Cash Flow from Operations (TTM) was 67.7. ==> 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)
=19.494/438.446
=0.04446158

ROA (Last Year)=Net Income/Total Assets (Mar24)
=17.728/361.859
=0.04899146

K-Bro Linen's return on assets of this year was 0.04446158. K-Bro Linen's return on assets of last year was 0.04899146. ==> 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.

K-Bro Linen's current Net Income (TTM) was 19.5. K-Bro Linen's current Cash Flow from Operations (TTM) was 67.7. ==> 67.7 > 19.5 ==> 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
=288.019/655.2328
=0.43956743

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=160.574/426.9824
=0.37606702

K-Bro Linen's gearing of this year was 0.43956743. K-Bro Linen's gearing of last year was 0.37606702. ==> 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
=197.891/106.031
=1.86635041

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=115.236/63.422
=1.81697203

K-Bro Linen's current ratio of this year was 1.86635041. K-Bro Linen's current ratio of last year was 1.81697203. ==> 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-Bro Linen's number of shares in issue this year was 12.97. K-Bro Linen's number of shares in issue last year was 10.564. ==> 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
=473.593/554.916
=0.85344989

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=332.627/384.351
=0.86542509

K-Bro Linen's gross margin of this year was 0.85344989. K-Bro Linen's gross margin of last year was 0.86542509. ==> 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)
=554.916/438.446
=1.26564275

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=384.351/361.859
=1.06215681

K-Bro Linen's asset turnover of this year was 1.26564275. K-Bro Linen's asset turnover of last year was 1.06215681. ==> 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+0+1+0+1+0+0+1
=5

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

K-Bro Linen has an F-score of 5 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 5 mean?
K-Bro Linen (TSX:KBL) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on K-Bro Linen and its competitors. This is near median its historical median of 5.00. Over the past decade, K-Bro Linen's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, K-Bro Linen ranks #515 out of 1063 companies in the Business Services industry, placing it in the top 48.4%.
Is K-Bro Linen's Piotroski F-Score too high?
K-Bro Linen'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 3.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. K-Bro Linen's value of 5 is 0% at this industry median. Based on the distribution chart, K-Bro Linen ranks #515 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, K-Bro Linen has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K-Bro Linen's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, K-Bro Linen ranks #515 out of 1063 companies for Piotroski F-Score. This puts K-Bro Linen in the upper half of its industry. The industry median Piotroski F-Score is 5.00. K-Bro Linen's value of 5 is 0% at this benchmark. Historically, K-Bro Linen's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, K-Bro Linen 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 a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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-Bro Linen'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 K-Bro Linen and its competitors. For the Business Services 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. K-Bro Linen'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 K-Bro Linen stock overvalued right now?
Based on GuruFocus' analysis, K-Bro Linen (TSX:KBL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$48.01, compared to a current price of C$43.40 — trading 9.6% 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 Business Services industry median of 5.00. K-Bro Linen's overall GF Score™ is 91/100 with 8 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-Bro Linen (TSX:KBL), the current Piotroski F-Score is 5 as of Jun. 27, 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-Bro Linen (TSX:KBL) Overvalued in 2026?

Based on GuruFocus' analysis, K-Bro Linen stock appears to be undervalued. The current stock price of C$43.40 is trading 9.6% below its estimated GF Value™ of C$48.01. GuruFocus considers K-Bro Linen to be Modestly Undervalued.

Key valuation signals for TSX:KBL:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: C$48.01 vs. price of C$43.40 (9.6% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 0% at the Business Services median (#515 of 1063)

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


K-Bro Linen Business Description

Other Exchanges KBRLF:USA74R:Germany
Address 14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9
K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian segment, which provides laundry and linen services to the healthcare and hospitality sectors in Canada. and the United Kingdom Segment, which provides laundry and linen services to the healthcare and hospitality sectors in United Kingdom.
91GF Score

Get the complete analysis for TSX:KBL

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

C$43.40
Price
C$48.01
GF Value