SK Innovation Co (XKRX:096770) Piotroski F-Score: 7 (As of Aug. 25, 2026) — 40% Above Median

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XKRX:096770 SK Innovation Co Ltd XKRX:096770
65 GF Score
Price ₩130,100.00
GF Value ₩90,875.94
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is SK Innovation Co Piotroski F-Score?

SK Innovation Co XKRX:096770 +4.25% 65 Piotroski F-Score is 7 as of Aug. 25, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates XKRX:096770 with a GF Score™ of 65/100 and a GF Value™ of ₩90,875.94 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 995 Oil & Gas companies, SK Innovation Co ranks better than 89.45% 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

SK Innovation Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

XKRX:096770' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of SK Innovation Co was 8. The lowest was 2. And the median was 5.

SK Innovation Co  (XKRX:096770) 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.


SK Innovation Co Piotroski F-Score Related Terms


SK Innovation Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SK Innovation 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.

SK Innovation Co Piotroski F-Score Chart

SK Innovation 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 5.00 7.00 3.00 2.00 4.00

SK Innovation 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 2.00 4.00 4.00 6.00 7.00

XKRX:096770 vs MPC, VLO, PSX: Piotroski F-Score Comparison

For the Oil & Gas Refining & Marketing subindustry, SK Innovation 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.


SK Innovation Co Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SK Innovation Co's Piotroski F-Score distribution charts can be found below:

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


XKRX:096770
65GF Score
SK Innovation Co Ltd XKRX:096770
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 -107855.698 + -2238835.105 + 964387.518 + 215014.438 = ₩-1,167,289 Mil.
Cash Flow from Operations was 2172449.257 + -422459.903 + -438055.67 + 0 = ₩1,311,934 Mil.
Revenue was 20533220.238 + 19309656.113 + 24212058.919 + 29157205.316 = ₩93,212,141 Mil.
Gross Profit was 1444176.015 + 1425928.21 + 3200877.689 + 4548009.494 = ₩10,618,991 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(101817263.051 + 107898506.311 + 105608481.396 + 110123705.338 + 101982984.114) / 5 = ₩105486188.042 Mil.
Total Assets at the begining of this year (Jun25) was ₩101,817,263 Mil.
Long-Term Debt & Capital Lease Obligation was ₩0 Mil.
Total Current Assets was ₩37,853,072 Mil.
Total Current Liabilities was ₩35,044,397 Mil.
Net Income was -616533.478 + -997935.497 + -228953.594 + -772205.629 = ₩-2,615,628 Mil.

Revenue was 17657045.387 + 18958348.808 + 21026126.511 + 19306626.093 = ₩76,948,147 Mil.
Gross Profit was 485399.513 + 1221801.495 + 929150.038 + 498631.807 = ₩3,134,983 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(86390111.897 + 85173932.802 + 110530097.549 + 111895036.667 + 101817263.051) / 5 = ₩99161288.3932 Mil.
Total Assets at the begining of last year (Jun24) was ₩86,390,112 Mil.
Long-Term Debt & Capital Lease Obligation was ₩29,293,348 Mil.
Total Current Assets was ₩30,557,553 Mil.
Total Current Liabilities was ₩35,148,986 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.

SK Innovation Co's current Net Income (TTM) was -1,167,289. ==> Negative ==> Score 0.

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.

SK Innovation Co's current Cash Flow from Operations (TTM) was 1,311,934. ==> 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)
=-1167288.847/101817263.051
=-0.01146455

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-2615628.198/86390111.897
=-0.03027694

SK Innovation Co's return on assets of this year was -0.01146455. SK Innovation Co's return on assets of last year was -0.03027694. ==> 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.

SK Innovation Co's current Net Income (TTM) was -1,167,289. SK Innovation Co's current Cash Flow from Operations (TTM) was 1,311,934. ==> 1,311,934 > -1,167,289 ==> 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
=0/105486188.042
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=29293347.999/99161288.3932
=0.29541113

SK Innovation Co's gearing of this year was 0. SK Innovation Co's gearing of last year was 0.29541113. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=37853072.371/35044397.041
=1.0801462

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=30557553.08/35148985.674
=0.86937226

SK Innovation Co's current ratio of this year was 1.0801462. SK Innovation Co's current ratio of last year was 0.86937226. ==> 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.

SK Innovation Co's number of shares in issue this year was 0. SK Innovation Co's number of shares in issue last year was 147.631. ==> 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
=10618991.408/93212140.586
=0.11392284

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3134982.853/76948146.799
=0.0407415

SK Innovation Co's gross margin of this year was 0.11392284. SK Innovation Co's gross margin of last year was 0.0407415. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=93212140.586/101817263.051
=0.91548464

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=76948146.799/86390111.897
=0.89070549

SK Innovation Co's asset turnover of this year was 0.91548464. SK Innovation Co's asset turnover of last year was 0.89070549. ==> 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
=0+1+1+1+1+1+1+1+1
=8

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

SK Innovation Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
SK Innovation Co (XKRX:096770) has a Piotroski F-Score of 7 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SK Innovation Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, SK Innovation Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, SK Innovation Co ranks #105 out of 995 companies in the Oil & Gas industry, placing it in the top 10.6%.
Is SK Innovation Co's Piotroski F-Score too high?
SK Innovation Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. SK Innovation Co's value of 7 is 40% above this industry median. Based on the distribution chart, SK Innovation Co ranks #105 out of 995 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, SK Innovation Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Innovation Co's Piotroski F-Score compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, SK Innovation Co ranks #105 out of 995 companies for Piotroski F-Score. This places SK Innovation Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. SK Innovation Co's value of 7 is 40% above this benchmark. Historically, SK Innovation 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 5.00 vs. the industry median of 5.00, SK Innovation 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 995 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. SK Innovation 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 SK Innovation Co and its competitors. For the Oil & Gas 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. SK Innovation Co's current Piotroski F-Score is 7, which is 40% 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 SK Innovation Co stock overvalued right now?
Based on GuruFocus' analysis, SK Innovation Co (XKRX:096770) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩90,875.94, compared to a current price of ₩130,100.00 — trading 43.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Oil & Gas industry median of 5.00. SK Innovation Co's overall GF Score™ is 65/100 with 7 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 SK Innovation Co (XKRX:096770), the current Piotroski F-Score is 7 as of Aug. 25, 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 SK Innovation Co (XKRX:096770) Overvalued in 2026?

Based on GuruFocus' analysis, SK Innovation Co stock appears to be overvalued. The current stock price of ₩130,100.00 is trading 43.2% above its estimated GF Value™ of ₩90,875.94. GuruFocus considers SK Innovation Co to be Significantly Overvalued.

Key valuation signals for XKRX:096770:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: ₩90,875.94 vs. price of ₩130,100.00 (43.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 40% above the Oil & Gas median (#105 of 995)

No single metric tells the full story. See the XKRX:096770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SK Innovation Co Business Description

Industry EnergyOil & Gas
Other Exchanges 096775:Korea
Address 26 Jong-ro, SK Building, Seorin-dong, Jongno-gu, Seoul, KOR
SK Innovation Co Ltd is a Korean-based company engaged in the production and sale of petroleum products, lubricants, and base oils. Its operating segments include Petroleum & Chemicals, Lubricant, Oil development, ENS, Batteries & Materials, and Other sectors. Its main products include eco-friendly gasoline, diesel, kerosene, aviation fuel, naphtha, olefins, aromatics, lubricant base oils, and batteries for electric vehicles. It generates the majority of its revenue from the Petroleum and Chemicals segment.
65GF Score

Get the complete analysis for XKRX:096770

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

₩130,100.00
Price
₩90,875.94
GF Value