Sinjin Sm Co (XKRX:138070) Piotroski F-Score: 4 (As of Aug. 14, 2026) — 20% Below Median

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XKRX:138070 Sinjin Sm Co Ltd XKRX:138070
73 GF Score
Price ₩1,555.00
GF Value ₩2,533.87
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sinjin Sm Co Piotroski F-Score?

Sinjin Sm Co XKRX:138070 +1.97% 73 Piotroski F-Score is 4 as of Aug. 14, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XKRX:138070 with a GF Score™ of 73/100 and a GF Value™ of ₩2,533.87 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,944 Industrial Products companies, Sinjin Sm Co ranks worse than 64.88% 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

Sinjin Sm Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

XKRX:138070' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Sinjin Sm Co was 9. The lowest was 3. And the median was 5.

Sinjin Sm Co  (XKRX:138070) 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.


Sinjin Sm Co Piotroski F-Score Related Terms


Sinjin Sm Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sinjin Sm 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.

Sinjin Sm Co Piotroski F-Score Chart

Sinjin Sm 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 7.00 5.00 4.00 5.00

Sinjin Sm 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 4.00 4.00 5.00 4.00

XKRX:138070 vs SNA, RBC, SWK: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Sinjin Sm 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.


Sinjin Sm Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinjin Sm Co's Piotroski F-Score distribution charts can be found below:

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


XKRX:138070
73GF Score
Sinjin Sm Co Ltd XKRX:138070
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 -394.605 + -18.522 + -228.589 + 340.623 = ₩-301 Mil.
Cash Flow from Operations was 1306.029 + -42.702 + 1839.209 + 1603.595 = ₩4,706 Mil.
Revenue was 13597.399 + 13900.611 + 13725.525 + 15228.328 = ₩56,452 Mil.
Gross Profit was 2300.717 + 2626.364 + 2399.174 + 3339.441 = ₩10,666 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(105853.227 + 103494.518 + 103290.851 + 103007.108 + 103284.704) / 5 = ₩103786.0816 Mil.
Total Assets at the begining of this year (Mar25) was ₩105,853 Mil.
Long-Term Debt & Capital Lease Obligation was ₩5,745 Mil.
Total Current Assets was ₩47,809 Mil.
Total Current Liabilities was ₩18,489 Mil.
Net Income was 575.762 + 537.88 + -644.74 + 262.425 = ₩731 Mil.

Revenue was 14169.315 + 12727.25 + 13196.233 + 13212.591 = ₩53,305 Mil.
Gross Profit was 3111.219 + 2468.193 + 2260.971 + 2913.669 = ₩10,754 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(108211.835 + 106779.748 + 106780.696 + 105860.205 + 105853.227) / 5 = ₩106697.1422 Mil.
Total Assets at the begining of last year (Mar24) was ₩108,212 Mil.
Long-Term Debt & Capital Lease Obligation was ₩8,458 Mil.
Total Current Assets was ₩50,320 Mil.
Total Current Liabilities was ₩17,790 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.

Sinjin Sm Co's current Net Income (TTM) was -301. ==> 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.

Sinjin Sm Co's current Cash Flow from Operations (TTM) was 4,706. ==> 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)
=-301.093/105853.227
=-0.00284444

ROA (Last Year)=Net Income/Total Assets (Mar24)
=731.327/108211.835
=0.00675829

Sinjin Sm Co's return on assets of this year was -0.00284444. Sinjin Sm Co's return on assets of last year was 0.00675829. ==> Last year is higher ==> Score 0.

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.

Sinjin Sm Co's current Net Income (TTM) was -301. Sinjin Sm Co's current Cash Flow from Operations (TTM) was 4,706. ==> 4,706 > -301 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=5744.592/103786.0816
=0.05535031

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=8457.914/106697.1422
=0.0792703

Sinjin Sm Co's gearing of this year was 0.05535031. Sinjin Sm Co's gearing of last year was 0.0792703. ==> 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
=47809.058/18489.426
=2.58575134

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=50320.261/17789.509
=2.82864811

Sinjin Sm Co's current ratio of this year was 2.58575134. Sinjin Sm Co's current ratio of last year was 2.82864811. ==> 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.

Sinjin Sm Co's number of shares in issue this year was 16.767. Sinjin Sm Co's number of shares in issue last year was 16.402. ==> 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
=10665.696/56451.863
=0.18893435

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10754.052/53305.389
=0.20174418

Sinjin Sm Co's gross margin of this year was 0.18893435. Sinjin Sm Co's gross margin of last year was 0.20174418. ==> 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)
=56451.863/105853.227
=0.53330318

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=53305.389/108211.835
=0.49260221

Sinjin Sm Co's asset turnover of this year was 0.53330318. Sinjin Sm Co's asset turnover of last year was 0.49260221. ==> 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+0+1+1+0+0+0+1
=4

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

Sinjin Sm Co has an F-score of 4 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 4 mean?
Sinjin Sm Co (XKRX:138070) has a Piotroski F-Score of 4 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sinjin Sm Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Sinjin Sm Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Sinjin Sm Co ranks #1910 out of 2944 companies in the Industrial Products industry, placing it in the top 64.9%.
Is Sinjin Sm Co's Piotroski F-Score too high?
Sinjin Sm Co's current Piotroski F-Score of 4 is 20% 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 Industrial Products industry median Piotroski F-Score is 5.00. Sinjin Sm Co's value of 4 is 20% below this industry median. Based on the distribution chart, Sinjin Sm Co ranks #1910 out of 2944 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sinjin Sm Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinjin Sm Co's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sinjin Sm Co ranks #1910 out of 2944 companies for Piotroski F-Score. This places Sinjin Sm Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sinjin Sm Co's value of 4 is 20% below this benchmark. Historically, Sinjin Sm 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 5.00 vs. the industry median of 5.00, Sinjin Sm Co 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,944 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. Sinjin Sm Co's current Piotroski F-Score of 4 is 20% 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 Sinjin Sm Co and its competitors. For the Industrial Products 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. Sinjin Sm Co's current Piotroski F-Score is 4, which is 20% 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 Sinjin Sm Co stock overvalued right now?
Based on GuruFocus' analysis, Sinjin Sm Co (XKRX:138070) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩2,533.87, compared to a current price of ₩1,555.00 — trading 38.6% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Industrial Products industry median of 5.00. Sinjin Sm Co's overall GF Score™ is 73/100 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 Sinjin Sm Co (XKRX:138070), the current Piotroski F-Score is 4 as of Aug. 14, 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 Sinjin Sm Co (XKRX:138070) Overvalued in 2026?

Based on GuruFocus' analysis, Sinjin Sm Co stock appears to be undervalued. The current stock price of ₩1,555.00 is trading 38.6% below its estimated GF Value™ of ₩2,533.87. GuruFocus considers Sinjin Sm Co to be Significantly Undervalued.

Key valuation signals for XKRX:138070:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: ₩2,533.87 vs. price of ₩1,555.00 (38.6% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 20% below the Industrial Products median (#1910 of 2944)

No single metric tells the full story. See the XKRX:138070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinjin Sm Co Business Description

Address 352-73 Jangmu-ro, Janggye-myeon, Jangsu-gun, Jeonbuk, KOR, 352-73
Sinjin Sm Co Ltd is the first standard plate manufacturer in Korea. The company's products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks, and others.
73GF Score

Get the complete analysis for XKRX:138070

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

₩1,555.00
Price
₩2,533.87
GF Value