Korea Business News Co (XKRX:039340) Piotroski F-Score: 6 (As of Sep. 10, 2026) — 20% Above Median

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XKRX:039340 Korea Business News Co Ltd XKRX:039340
77 GF Score
Price ₩4,985.00
GF Value ₩8,316.15
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Korea Business News Co Piotroski F-Score?

Korea Business News Co XKRX:039340 +1.01% 77 Piotroski F-Score is 6 as of Sep. 10, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XKRX:039340 with a GF Score™ of 77/100 and a GF Value™ of ₩8,316.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,002 Media - Diversified companies, Korea Business News Co ranks better than 77.54% 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

Korea Business News 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 Korea Business News Co's Piotroski F-Score or its related term are showing as below:

XKRX:039340' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Korea Business News Co was 8. The lowest was 3. And the median was 5.

Korea Business News Co  (XKRX:039340) 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.


Korea Business News Co Piotroski F-Score Related Terms


Korea Business News Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Korea Business News 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.

Korea Business News Co Piotroski F-Score Chart

Korea Business News 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 7.00 3.00 6.00 4.00 5.00

Korea Business News Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.00 3.00 5.00 6.00 6.00

XKRX:039340 vs NFLX, DIS, WBD: Piotroski F-Score Comparison

For the Entertainment subindustry, Korea Business News 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.


Korea Business News Co Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Korea Business News Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Korea Business News Co's Piotroski F-Score falls into.


XKRX:039340
77GF Score
Korea Business News Co Ltd XKRX:039340
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 260.679 + -484.94 + 966.668 + 4826.796 = ₩5,569 Mil.
Cash Flow from Operations was 627.07 + 1252.285 + 4723.933 + 6436.24 = ₩13,040 Mil.
Revenue was 18393.672 + 20227.734 + 25833.501 + 29304.955 = ₩93,760 Mil.
Gross Profit was 18393.672 + 20227.734 + 25833.501 + 29304.955 = ₩93,760 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(167172.451 + 167059.421 + 167245.065 + 170194.138 + 173180.078) / 5 = ₩168970.2306 Mil.
Total Assets at the begining of this year (Jun25) was ₩167,172 Mil.
Long-Term Debt & Capital Lease Obligation was ₩7,044 Mil.
Total Current Assets was ₩44,989 Mil.
Total Current Liabilities was ₩16,099 Mil.
Net Income was 1789.851 + 625.533 + -244.206 + 3259.262 = ₩5,430 Mil.

Revenue was 18530.905 + 17762.703 + 17488.074 + 19800.525 = ₩73,582 Mil.
Gross Profit was 18530.905 + 17762.703 + 17488.074 + 19800.525 = ₩73,582 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(214072.094 + 196752.149 + 171752.396 + 169457.978 + 167172.451) / 5 = ₩183841.4136 Mil.
Total Assets at the begining of last year (Jun24) was ₩214,072 Mil.
Long-Term Debt & Capital Lease Obligation was ₩7,607 Mil.
Total Current Assets was ₩34,116 Mil.
Total Current Liabilities was ₩10,539 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.

Korea Business News Co's current Net Income (TTM) was 5,569. ==> 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.

Korea Business News Co's current Cash Flow from Operations (TTM) was 13,040. ==> 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 (Jun25)
=5569.203/167172.451
=0.03331412

ROA (Last Year)=Net Income/Total Assets (Jun24)
=5430.44/214072.094
=0.02536734

Korea Business News Co's return on assets of this year was 0.03331412. Korea Business News Co's return on assets of last year was 0.02536734. ==> 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.

Korea Business News Co's current Net Income (TTM) was 5,569. Korea Business News Co's current Cash Flow from Operations (TTM) was 13,040. ==> 13,040 > 5,569 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=7043.514/168970.2306
=0.04168494

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=7606.684/183841.4136
=0.04137634

Korea Business News Co's gearing of this year was 0.04168494. Korea Business News Co's gearing of last year was 0.04137634. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=44988.593/16098.78
=2.79453431

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=34116.005/10539.205
=3.23705678

Korea Business News Co's current ratio of this year was 2.79453431. Korea Business News Co's current ratio of last year was 3.23705678. ==> 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.

Korea Business News Co's number of shares in issue this year was 16.418. Korea Business News Co's number of shares in issue last year was 16.544. ==> 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
=93759.862/93759.862
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=73582.207/73582.207
=1

Korea Business News Co's gross margin of this year was 1. Korea Business News Co's gross margin of last year was 1. ==> 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 (Jun25)
=93759.862/167172.451
=0.56085714

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=73582.207/214072.094
=0.34372629

Korea Business News Co's asset turnover of this year was 0.56085714. Korea Business News Co's asset turnover of last year was 0.34372629. ==> 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+1+0+0+1+0+1
=6

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

Korea Business News 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 6 mean?
Korea Business News Co (XKRX:039340) has a Piotroski F-Score of 6 as of Sep. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Korea Business News Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Korea Business News Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Korea Business News Co ranks #225 out of 1002 companies in the Media - Diversified industry, placing it in the top 22.5%.
Is Korea Business News Co's Piotroski F-Score too high?
Korea Business News Co's current Piotroski F-Score of 6 is 20% above 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 Media - Diversified industry median Piotroski F-Score is 5.00. Korea Business News Co's value of 6 is 20% above this industry median. Based on the distribution chart, Korea Business News Co ranks #225 out of 1002 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Korea Business News Co 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 Korea Business News Co's Piotroski F-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Korea Business News Co ranks #225 out of 1002 companies for Piotroski F-Score. This places Korea Business News Co in the top 23% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Korea Business News Co's value of 6 is 20% above this benchmark. Historically, Korea Business News Co'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, Korea Business News 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,002 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. Korea Business News Co's current Piotroski F-Score of 6 is 20% 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 Korea Business News Co and its competitors. For the Media - Diversified 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. Korea Business News Co's current Piotroski F-Score is 6, which is 20% above 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 Korea Business News Co stock overvalued right now?
Based on GuruFocus' analysis, Korea Business News Co (XKRX:039340) is currently considered Possible Value Trap. The stock's GF Value™ is ₩8,316.15, compared to a current price of ₩4,985.00 — trading 40.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Media - Diversified industry median of 5.00. Korea Business News Co's overall GF Score™ is 77/100 with 2 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 Korea Business News Co (XKRX:039340), the current Piotroski F-Score is 6 as of Sep. 10, 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 Korea Business News Co (XKRX:039340) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Business News Co stock appears to be undervalued. The current stock price of ₩4,985.00 is trading 40.1% below its estimated GF Value™ of ₩8,316.15. GuruFocus considers Korea Business News Co to be Possible Value Trap.

Key valuation signals for XKRX:039340:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ₩8,316.15 vs. price of ₩4,985.00 (40.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 20% above the Media - Diversified median (#225 of 1002)

No single metric tells the full story. See the XKRX:039340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Korea Business News Co Business Description

Address 463 Cheongpa-ro, Jung-gu, Korea Economic Daily Building, Jungnim-dong, Seoul, KOR, 04505
Korea Business News Co Ltd operates in media industry in South Korea. The business divisions of the company consist of three areas: broadcasting, investment information, and other subsidiary businesses. The broadcasting division broadcasts nationwide based on Korea Economic TV, the nation's top economic channel, broadcasted through all available devices, including cable TV, IPTV, satellite broadcasting, and mobile devices. The Investment Information Division is a securities information service platform business that represents securities information site and mobile app, and the Other subsidiary include online and offline education, proxy voting for general shareholders' meetings, production and distribution of various content, exhibition event business, and cultural performance business.
77GF Score

Get the complete analysis for XKRX:039340

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

₩4,985.00
Price
₩8,316.15
GF Value