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Lotte Rakhat JSCXKAZ:RAHT -0.76%77 Piotroski F-Score is 3 as of Aug. 23, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates XKAZ:RAHT with a GF Score™ of 77/100 and a GF Value™ of ₸19,460.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Lotte Rakhat JSC ranks worse than 84.5% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lotte Rakhat JSC has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Lotte Rakhat JSC's Piotroski F-Score or its related term are showing as below:
XKAZ:RAHT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 3
During the past 13 years, the highest Piotroski F-Score of Lotte Rakhat JSC was 9. The lowest was 3. And the median was 5.
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.
Lotte Rakhat JSC Piotroski F-Score Related Terms
Lotte Rakhat JSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lotte Rakhat JSC'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.
XKAZ:RAHT vs MDLZ, HSY, TR: Piotroski F-Score Comparison
For the Confectioners subindustry, Lotte Rakhat JSC'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.
Lotte Rakhat JSC Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotte Rakhat JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lotte Rakhat JSC'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.
This Year (Mar26) TTM:
Last Year (Dec24) TTM:
Net Income was 1332.998 + 788.372 + 990.917 + 842.588 = ₸3,955 Mil. Cash Flow from Operations was -3952.599 + -3851.283 + -244.772 + -1686.267 = ₸-9,735 Mil. Revenue was 23709.068 + 22269.217 + 24881.782 + 28135.805 = ₸98,996 Mil. Gross Profit was 3964.419 + 3577.285 + 3845.078 + 3979.61 = ₸15,366 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Mar26) was
(76284.109 + 77477.713 + 77634.428 + 79363.027 + 85354.704) / 5 = ₸79222.7962 Mil. Total Assets at the begining of this year (Dec24) was ₸76,284 Mil. Long-Term Debt & Capital Lease Obligation was ₸972 Mil. Total Current Assets was ₸63,219 Mil. Total Current Liabilities was ₸8,431 Mil.
Net Income was 2616.975 + 1938.657 + 630.841 + 1121.347 = ₸6,308 Mil.
Revenue was 22484.666 + 18517.574 + 20431.484 + 29503.485 = ₸90,937 Mil. Gross Profit was 5548.952 + 4365.256 + 3518.794 + 5012.263 = ₸18,445 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(73053.186 + 75729.92 + 75001.753 + 74824.122 + 76284.109) / 5 = ₸74978.618 Mil. Total Assets at the begining of last year (Dec23) was ₸73,053 Mil. Long-Term Debt & Capital Lease Obligation was ₸224 Mil. Total Current Assets was ₸54,504 Mil. Total Current Liabilities was ₸5,473 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.
Lotte Rakhat JSC's current Net Income (TTM) was 3,955.
==> 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.
Lotte Rakhat JSC's return on assets of this year was 0.05184402. Lotte Rakhat JSC's return on assets of last year was 0.08634558.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lotte Rakhat JSC's gearing of this year was 0.01226347. Lotte Rakhat JSC's gearing of last year was 0.00298332.
==> 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
Lotte Rakhat JSC's current ratio of this year was 7.49878704. Lotte Rakhat JSC's current ratio of last year was 9.95775341.
==> Last year's current ratio is higher ==> Score 0.
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.
Lotte Rakhat JSC's number of shares in issue this year was 3.6. Lotte Rakhat JSC's number of shares in issue last year was 3.6.
==> 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.
Lotte Rakhat JSC's gross margin of this year was 0.15522255. Lotte Rakhat JSC's gross margin of last year was 0.20283518.
==> 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
Lotte Rakhat JSC's asset turnover of this year was 1.297726. Lotte Rakhat JSC's asset turnover of last year was 1.24480826.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lotte Rakhat JSC has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Lotte Rakhat JSC (XKAZ:RAHT) has a Piotroski F-Score of 3 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lotte Rakhat JSC and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Lotte Rakhat JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Lotte Rakhat JSC ranks #1619 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 84.5%.
Is Lotte Rakhat JSC's Piotroski F-Score too high?
Lotte Rakhat JSC's current Piotroski F-Score of 3 is 40% below 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Lotte Rakhat JSC's value of 3 is 40% below this industry median. Based on the distribution chart, Lotte Rakhat JSC ranks #1619 out of 1916 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Lotte Rakhat JSC has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lotte Rakhat JSC's Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Lotte Rakhat JSC ranks #1619 out of 1916 companies for Piotroski F-Score. This places Lotte Rakhat JSC in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Lotte Rakhat JSC's value of 3 is 40% below this benchmark. Historically, Lotte Rakhat JSC'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 5.00 vs. the industry median of 5.00, Lotte Rakhat JSC 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,916 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. Lotte Rakhat JSC's current Piotroski F-Score of 3 is 40% 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 Lotte Rakhat JSC and its competitors. For the Consumer Packaged Goods 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. Lotte Rakhat JSC's current Piotroski F-Score is 3, which is 40% below 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 Lotte Rakhat JSC stock overvalued right now?
Based on GuruFocus' analysis, Lotte Rakhat JSC (XKAZ:RAHT) is currently considered Possible Value Trap. The stock's GF Value™ is ₸19,460.24, compared to a current price of ₸13,100.00 — trading 32.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Consumer Packaged Goods industry median of 5.00. Lotte Rakhat JSC's overall GF Score™ is 77/100 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 Lotte Rakhat JSC (XKAZ:RAHT), the current Piotroski F-Score is 3 as of Aug. 23, 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 Lotte Rakhat JSC (XKAZ:RAHT) Overvalued in 2026?
Based on GuruFocus' analysis, Lotte Rakhat JSC stock appears to be undervalued.
The current stock price of ₸13,100.00 is trading 32.7% below its estimated GF Value™ of ₸19,460.24.
GuruFocus considers Lotte Rakhat JSC to be Possible Value Trap.
Key valuation signals for XKAZ:RAHT:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: ₸19,460.24 vs. price of ₸13,100.00 (32.7% below fair value)
Industry Position: 40% below the Consumer Packaged Goods median (#1619 of 1916)
No single metric tells the full story. See the XKAZ:RAHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lotte Rakhat JSC is engaged in the production, wholesale, and retail trade of confectionery products. Its products include sweets, chocolates, caramel, candies, toffees, cookies, fruit jellies, biscuits, waffles, as well as semi-products such as cocoa powder and cocoa butter, among others. Geographically, the company mainly operates in the Republic of Kazakhstan.
77GF Score
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