Shinsegae Food Co (XKRX:031440) Piotroski F-Score: 7 (As of Aug. 13, 2026) — 17% Above Median

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XKRX:031440 Shinsegae Food Co Ltd XKRX:031440
62 GF Score
Price ₩38,150.00
GF Value ₩37,525.89
Valuation Fairly Valued
! 6 Warning Signs
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What is Shinsegae Food Co Piotroski F-Score?

Shinsegae Food Co XKRX:031440 62 Piotroski F-Score is 7 as of Aug. 13, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates XKRX:031440 with a GF Score™ of 62/100 and a GF Value™ of ₩37,525.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Shinsegae Food Co ranks better than 88.47% 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

Shinsegae Food Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Shinsegae Food Co's Piotroski F-Score or its related term are showing as below:

XKRX:031440' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Shinsegae Food Co was 8. The lowest was 2. And the median was 6.

Shinsegae Food Co  (XKRX:031440) 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.


Shinsegae Food Co Piotroski F-Score Related Terms


Shinsegae Food Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shinsegae Food Co'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.

Shinsegae Food Co Piotroski F-Score Chart

Shinsegae Food Co 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 5.00 8.00 6.00 5.00

Shinsegae Food Co 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 8.00 6.00 5.00 7.00

XKRX:031440 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Shinsegae Food 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.


Shinsegae Food Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shinsegae Food Co's Piotroski F-Score distribution charts can be found below:

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


XKRX:031440
62GF Score
Shinsegae Food Co Ltd XKRX:031440
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 14232.87 + 6746.433 + 50855.433 + 4125.61 = ₩75,960 Mil.
Cash Flow from Operations was 32934.893 + 34552.237 + -9188.078 + -22403.629 = ₩35,895 Mil.
Revenue was 371487.792 + 319183.833 + 313787.397 + 309397.523 = ₩1,313,857 Mil.
Gross Profit was 66213.356 + 54799.964 + 45858.626 + 55249.499 = ₩222,121 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(812583.799 + 760913.227 + 820374.769 + 813544.325 + 804269.821) / 5 = ₩802337.1882 Mil.
Total Assets at the begining of this year (Mar25) was ₩812,584 Mil.
Long-Term Debt & Capital Lease Obligation was ₩208,607 Mil.
Total Current Assets was ₩358,957 Mil.
Total Current Liabilities was ₩215,134 Mil.
Net Income was 5090.014 + 4006.677 + -2602.759 + 5379.15 = ₩11,873 Mil.

Revenue was 393946.075 + 319179.238 + 302725.333 + 298905.96 = ₩1,314,757 Mil.
Gross Profit was 65971.671 + 57275.805 + 52250.768 + 53911.315 = ₩229,410 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(860672.069 + 848399.582 + 818770.472 + 833687.666 + 812583.799) / 5 = ₩834822.7176 Mil.
Total Assets at the begining of last year (Mar24) was ₩860,672 Mil.
Long-Term Debt & Capital Lease Obligation was ₩245,355 Mil.
Total Current Assets was ₩322,778 Mil.
Total Current Liabilities was ₩242,249 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.

Shinsegae Food Co's current Net Income (TTM) was 75,960. ==> 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.

Shinsegae Food Co's current Cash Flow from Operations (TTM) was 35,895. ==> 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)
=75960.346/812583.799
=0.09348002

ROA (Last Year)=Net Income/Total Assets (Mar24)
=11873.082/860672.069
=0.01379513

Shinsegae Food Co's return on assets of this year was 0.09348002. Shinsegae Food Co's return on assets of last year was 0.01379513. ==> 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.

Shinsegae Food Co's current Net Income (TTM) was 75,960. Shinsegae Food Co's current Cash Flow from Operations (TTM) was 35,895. ==> 35,895 <= 75,960 ==> 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
=208606.695/802337.1882
=0.25999879

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=245355.074/834822.7176
=0.29390081

Shinsegae Food Co's gearing of this year was 0.25999879. Shinsegae Food Co's gearing of last year was 0.29390081. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=358956.731/215134.168
=1.66852497

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=322778.338/242249.381
=1.33242172

Shinsegae Food Co's current ratio of this year was 1.66852497. Shinsegae Food Co's current ratio of last year was 1.33242172. ==> 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.

Shinsegae Food Co's number of shares in issue this year was 3.615. Shinsegae Food Co's number of shares in issue last year was 0. ==> 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
=222121.445/1313856.545
=0.16906065

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=229409.559/1314756.606
=0.17448823

Shinsegae Food Co's gross margin of this year was 0.16906065. Shinsegae Food Co's gross margin of last year was 0.17448823. ==> 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)
=1313856.545/812583.799
=1.61688745

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1314756.606/860672.069
=1.52759297

Shinsegae Food Co's asset turnover of this year was 1.61688745. Shinsegae Food Co's asset turnover of last year was 1.52759297. ==> 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+1+1+0+0+1
=6

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

Shinsegae Food Co has an F-score of 6 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 7 mean?
Shinsegae Food Co (XKRX:031440) has a Piotroski F-Score of 7 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shinsegae Food Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Shinsegae Food Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Shinsegae Food Co ranks #220 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 11.5%.
Is Shinsegae Food Co's Piotroski F-Score too high?
Shinsegae Food Co'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 2.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Shinsegae Food Co's value of 7 is 40% above this industry median. Based on the distribution chart, Shinsegae Food Co ranks #220 out of 1908 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shinsegae Food Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinsegae Food Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinsegae Food Co ranks #220 out of 1908 companies for Piotroski F-Score. This places Shinsegae Food Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Shinsegae Food Co's value of 7 is 40% above this benchmark. Historically, Shinsegae Food Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Shinsegae Food Co 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,908 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. Shinsegae Food Co'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 Shinsegae Food Co 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. Shinsegae Food Co'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 Shinsegae Food Co stock overvalued right now?
Based on GuruFocus' analysis, Shinsegae Food Co (XKRX:031440) is currently considered Fairly Valued. The stock's GF Value™ is ₩37,525.89, compared to a current price of ₩38,150.00 — trading 1.7% 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 Consumer Packaged Goods industry median of 5.00. Shinsegae Food Co's overall GF Score™ is 62/100 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 Shinsegae Food Co (XKRX:031440), the current Piotroski F-Score is 7 as of Aug. 13, 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 Shinsegae Food Co (XKRX:031440) Overvalued in 2026?

Based on GuruFocus' analysis, Shinsegae Food Co stock appears to be overvalued. The current stock price of ₩38,150.00 is trading 1.7% above its estimated GF Value™ of ₩37,525.89. GuruFocus considers Shinsegae Food Co to be Fairly Valued.

Key valuation signals for XKRX:031440:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ₩37,525.89 vs. price of ₩38,150.00 (1.7% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#220 of 1908)

No single metric tells the full story. See the XKRX:031440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinsegae Food Co Business Description

Address Seongsuil-ro, 56th floor, Seongdong-gu, Seoul, KOR
Shinsegae Food Co Ltd is involved in food manufacture, food distribution, food and beverage and food service and restaurant business. Food manufacture business includes manufacturers, soups, stews, casseroles, salads, processed meat, sauces, noodles, and rice cakes baked goods, etc. Food distribution business comprises supplying goods to customers such as restaurant franchises, food manufacturers, hotels, resorts, etc. The food and beverage business consists of the development of new concepts and premium food brands and foodservice business covers the provision of customized food services to facilities such as offices, research centers, hospitals, and universities. The firm promotes and develops brands such as Hansik Olbaan, peacock, Johnny rockets, zespri, among others.
62GF Score

Get the complete analysis for XKRX:031440

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

₩38,150.00
Price
₩37,525.89
GF Value