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RaonSecure CoXKRX:042510 -3.14%73 Piotroski F-Score is 7 as of Aug. 08, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates XKRX:042510 with a GF Score™ of 73/100 and a GF Value™ of ₩6,791.19 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,729 Software companies, RaonSecure Co ranks better than 91.79% 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
RaonSecure Co 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 RaonSecure Co's Piotroski F-Score or its related term are showing as below:
XKRX:042510'
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 RaonSecure Co was 9. The lowest was 3. And the median was 6.
RaonSecure Co (XKRX:042510) 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.
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.
RaonSecure Co Piotroski F-Score Related Terms
RaonSecure Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for RaonSecure 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.
XKRX:042510 vs QH, SHOP, UBER: Piotroski F-Score Comparison
For the Software - Application subindustry, RaonSecure 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.
RaonSecure Co Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, RaonSecure Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where RaonSecure Co'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 (Mar25) TTM:
Net Income was 1.338 + 803.667 + 5418.532 + -2071.678 = ₩4,152 Mil. Cash Flow from Operations was 2685.925 + -714.406 + 3780.646 + 1951.057 = ₩7,703 Mil. Revenue was 13896.828 + 15979.822 + 22986.57 + 9419.645 = ₩62,283 Mil. Gross Profit was 7626.043 + 9607.128 + 13943.136 + 5450.146 = ₩36,626 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(67962.435 + 69645.085 + 69279.136 + 74488.761 + 69644.582) / 5 = ₩70203.9998 Mil. Total Assets at the begining of this year (Mar25) was ₩67,962 Mil. Long-Term Debt & Capital Lease Obligation was ₩3,109 Mil. Total Current Assets was ₩31,913 Mil. Total Current Liabilities was ₩13,316 Mil.
Net Income was 526.327 + -64.379 + 6331.162 + -2841.498 = ₩3,952 Mil.
Revenue was 12739.526 + 14933.324 + 23485.66 + 10887.832 = ₩62,046 Mil. Gross Profit was 6775.699 + 7291.912 + 14067.387 + 4728.541 = ₩32,864 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(68897.021 + 67787.263 + 65638.827 + 71507.775 + 67962.435) / 5 = ₩68358.6642 Mil. Total Assets at the begining of last year (Mar24) was ₩68,897 Mil. Long-Term Debt & Capital Lease Obligation was ₩5,120 Mil. Total Current Assets was ₩35,471 Mil. Total Current Liabilities was ₩14,387 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.
RaonSecure Co's current Net Income (TTM) was 4,152.
==> 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.
RaonSecure Co's return on assets of this year was 0.0610905. RaonSecure Co's return on assets of last year was 0.05735534.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
RaonSecure Co's gearing of this year was 0.0442791. RaonSecure Co's gearing of last year was 0.07490399.
==> 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
RaonSecure Co's current ratio of this year was 2.39666947. RaonSecure Co's current ratio of last year was 2.46552788.
==> 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.
RaonSecure Co's number of shares in issue this year was 10.806. RaonSecure Co's number of shares in issue last year was 2.161.
==> 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.
RaonSecure Co's gross margin of this year was 0.58806628. RaonSecure Co's gross margin of last year was 0.52966118.
==> 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
RaonSecure Co's asset turnover of this year was 0.91643075. RaonSecure Co's asset turnover of last year was 0.9005664.
==> 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
RaonSecure Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
RaonSecure Co (XKRX:042510) has a Piotroski F-Score of 7 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RaonSecure Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, RaonSecure Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, RaonSecure Co ranks #224 out of 2729 companies in the Software industry, placing it in the top 8.2%.
Is RaonSecure Co's Piotroski F-Score too high?
RaonSecure 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 3.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. RaonSecure Co's value of 7 is 40% above this industry median. Based on the distribution chart, RaonSecure Co ranks #224 out of 2729 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, RaonSecure Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RaonSecure Co's Piotroski F-Score compare to QH and SHOP?
According to the Software industry distribution chart, RaonSecure Co ranks #224 out of 2729 companies for Piotroski F-Score. This places RaonSecure Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. RaonSecure Co's value of 7 is 40% above this benchmark. Historically, RaonSecure Co'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, RaonSecure 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,729 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. RaonSecure 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 RaonSecure Co and its competitors. For the Software 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. RaonSecure 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 RaonSecure Co stock overvalued right now?
Based on GuruFocus' analysis, RaonSecure Co (XKRX:042510) is currently considered Modestly Overvalued. The stock's GF Value™ is ₩6,791.19, compared to a current price of ₩8,020.00 — trading 18.1% 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 Software industry median of 5.00. RaonSecure Co's overall GF Score™ is 73/100 with 3 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 RaonSecure Co (XKRX:042510), the current Piotroski F-Score is 7 as of Aug. 08, 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 RaonSecure Co (XKRX:042510) Overvalued in 2026?
Based on GuruFocus' analysis, RaonSecure Co stock appears to be overvalued.
The current stock price of ₩8,020.00 is trading 18.1% above its estimated GF Value™ of ₩6,791.19.
GuruFocus considers RaonSecure Co to be Modestly Overvalued.
Key valuation signals for XKRX:042510:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: ₩6,791.19 vs. price of ₩8,020.00 (18.1% above fair value)
Industry Position: 40% above the Software median (#224 of 2729)
No single metric tells the full story. See the XKRX:042510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RaonSecure Co Ltd provides integrated security solutions. It provides specialized security technologies in the security and authentication fields, including security solutions, security consulting, and identity authentication services required for smart work and daily life, as well as biometric authentication and blockchain-based DID (Decentralized Identity) services. It operates in SolutionBusiness and Servicebusiness.
73GF Score
Get the complete analysis for XKRX:042510
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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